ARROW FINANCIAL CORPAROWEarnings & Financial Report
Nasdaq · commercial bank
Flagstar Bank, N.A. (FLG), is an American regional financial services holding company headquartered in Hicksville, New York. In 2023, the bank operated 395 branches However, they rebranded all of these under the Flagstar name on February 21, 2024.
NextMar 31, 2026
AROW Q2 2024 Key Financial Metrics
Revenue
$27.2M
Gross Profit
N/A
Operating Profit
N/A
Net Profit
$8.6M
Gross Margin
N/A
Operating Margin
N/A
Net Margin
31.7%
YoY Growth
5.4%
EPS
$0.52
Financial Flow
ARROW FINANCIAL CORP Q2 2024 Financial Summary
ARROW FINANCIAL CORP reported revenue of $27.2M for Q2 2024, with a net profit of $8.6M (31.7% margin). Cost of goods sold was N/A, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $27.2M |
|---|---|
| Net Profit | $8.6M |
| Gross Margin | N/A |
| Operating Margin | N/A |
| Report Period | Q2 2024 |
ARROW FINANCIAL CORP Annual Revenue by Year
ARROW FINANCIAL CORP annual revenue history includes year-by-year totals (for example, 2023 revenue was $104.8M).
| Year | Annual Revenue |
|---|---|
| 2023 | $104.8M |
| 2022 | $118.3M |
Income Statement
| Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $30.9M | $30.6M | $28.1M | $25.8M | $25.4M | $25.6M | $26.5M | $27.2M |
| YoY Growth | 7.9% | 12.4% | 1.0% | -11.2% | -18.0% | -16.2% | -5.8% | 5.4% |
Balance Sheet
| Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $4.23B | $3.97B | $4.11B | $4.10B | $4.27B | $4.17B | $4.33B | $4.24B |
| Liabilities | $3.89B | $3.62B | $3.75B | $3.74B | $3.91B | $3.79B | $3.96B | $3.86B |
| Equity | $345.6M | $353.5M | $363.4M | $361.4M | $360.0M | $379.8M | $378.0M | $383.0M |
Cash Flow
| Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $17.5M | $11.5M | $13.2M | $12.5M | $11.2M | $-16.3M | $10.3M | $9.1M |
