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Arrow Reports $8 6 million in Q1 2023 Net Income and Grew Deposits by $48 0 Million

Arrow Reports $48 8 million in Net Income, Record Loan Growth of $315 million in 2022

Arrow Reports $12 2 million in Q3 Net Income, Loan Growth of $80 Million in the Quarter

Arrow Reports $12 0 million in Q2 Net Income, Loan Growth of $108 Million

Arrow Reports $13 3 million in Net Income and Diluted EPS of $0 85 in Q1

Share this article Share this article GLENS FALLS, N.Y., April 27, 2021 /PRNewswire/ Arrow Financial Corporation (NasdaqGS® – AROW) announced operating results for the three-month period ended March 31, 2021. Net income for the first quarter of 2021 was $13.3 million, compared to $8.1 million in the first quarter of 2020. Net interest income increased to $26.2 million in the first quarter of 2021, compared to $23.0 million for the comparable quarter of 2020. Annualized key profitability ratios remained strong, as measured by a return on average equity (ROE) of 15.81% and a return on average assets (ROA) of 1.45% for the first quarter, compared to 10.66% and 1.03%, respectively, for the prior year quarter.

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