Arrow Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	200.29	184.07	171.34	142.02	112.98	104.99
Interest Income on Investments	29.81	26.08	23.65	20.55	16.67	10.57
Total Interest Income	230.1	210.15	194.99	162.56	129.65	115.55
Interest Paid on Deposits	69.89	75.95	78.75	50.1	9.83	3.53
Interest Paid on Borrowings	4.27	1.04	4.51	7.63	1.48	1.67
Total Interest Expense	74.16	76.98	83.26	57.73	11.31	5.2
Net Interest Income	155.94	133.16	111.73	104.83	118.34	110.36
Net Interest Income Growth	22.10%	19.18%	6.58%	-11.42%	7.24%	11.24%
Trust Income	10.8	10.3	9.95	9.44	9.71	10.14
Gain (Loss) on Sale of Investments	0.29	0.54	-2.91	-0.09	0.43	0.11
Other Non-Interest Income	24.61	20.77	20.82	19.73	20.68	19.72
Total Non-Interest Income	36.57	32.43	28.07	29.12	30.9	32.37
Non-Interest Income Growth	28.80%	15.52%	-3.58%	-5.76%	-4.54%	-0.89%
Revenues Before Loan Losses	192.5	165.6	139.81	133.95	149.24	142.72
Provision for Loan Losses	5.69	7.27	5.18	3.38	4.8	0.27
Revenue	186.82	158.32	134.63	130.57	144.44	142.45
Revenue Growth	27.24%	17.60%	3.11%	-9.61%	1.40%	16.25%
Salaries and Employee Benefits	61.18	53.75	50.05	45.3	44.69	42.52
Occupancy Expenses	9.25	7.76	7.17	6.55	6.2	5.81
Federal Deposit Insurance	2.49	2.52	2.78	2.05	1.18	1.04
Selling, General & Administrative	26.27	25.13	23.28	21.14	19.63	18.23
Other Non-Interest Expense	32.78	13.78	14	18	9.84	8.97
Total Non-Interest Expense	131.96	102.93	97.27	93.05	81.53	76.57
EBT Excluding Unusual Items	54.86	55.39	37.36	37.52	62.91	65.88
Legal Settlements	-	-	-	-	-	-1.48
Pretax Income	54.86	55.39	37.36	37.52	62.91	64.4
Income Tax Expense	10.7	11.44	7.65	7.45	14.11	14.55
Net Income	44.16	43.95	29.71	30.08	48.8	49.86
Preferred Dividends & Other Adjustments	0.14	0.14	-	-	-	-
Net Income to Common	44.02	43.81	29.71	30.08	48.8	49.86
Net Income Growth	27.92%	47.47%	-1.22%	-38.37%	-2.12%	22.12%
Basic Shares Outstanding	17	17	17	17	17	17
Diluted Shares Outstanding	17	17	17	17	17	17
Shares Change	2.12%	-1.43%	-1.71%	-0.13%	0.04%	0.81%
EPS (Basic)	2.60	2.65	1.77	1.77	2.87	2.93
EPS (Diluted)	2.59	2.65	1.77	1.77	2.86	2.92
EPS Growth	25.64%	49.72%	0.27%	-38.28%	-2.05%	20.86%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	1.190	1.140	1.090	1.060	1.030	0.960
Dividend Growth	5.31%	4.59%	2.83%	2.91%	7.29%	3.00%
Effective Tax Rate	19.50%	20.64%	20.47%	19.84%	22.43%	22.59%

SEC Filings: 10-K · 10-Q