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Arrow Reports $13.3 million in Q2 Net Income as COVID-19 Recovery Continues prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Trinity Bank N.A.: TRINITY BANK REPORTS: Return on Assets 1.42%, Return on Equity 13.56% Results of Operations Trinity Bank, N.A. reported Net Income after Taxes of $1,328,000 or $1.18 per diluted common share for the first quarter of 2021, compared to $1,124,000 or $.99 per diluted common share for the first quarter of 2020, an increase of 19.2%. Matt R. Opitz, Chief Executive Officer, stated, First quarter results represent Trinity Bank s most profitable single quarter since inception. In spite of continued economic uncertainty, we experienced above average loan growth in our core loan portfolio as well as continued deposit growth. Our staff has continued to process 1 st round PPP forgiveness applications as well as 2 ....
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. ....
Trinity Bank N.A.: TRINITY BANK REPORTS: Return on Assets 1.42%, Return on Equity 13.56%, Tier 1 Leverage Ratio 10.49% Results of Operations Trinity Bank, N.A. reported Net Income after Taxes of $1,328,000 or $1.18 per diluted common share for the first quarter of 2021, compared to $1,124,000 or $.99 per diluted common share for the first quarter of 2020, an increase of 19.2%. Matt R. Opitz, Chief Executive Officer, stated, First quarter results represent Trinity Bank s most profitable single quarter since inception. In spite of continued economic uncertainty, we experienced above average loan growth in our core loan portfolio as well as continued deposit growth. Our staff has continued to process 1 ....
Arrow Financial : Reports $13.3 million in Net Income and Diluted EPS of $0.85 in Q1 marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.