Arrow Financial market cap is $393.1 m, and annual revenue was $28.56 m in FY 2019

Arrow Financial Net income (Q2, 2020)9.2 M

Arrow Financial Cash, 30-Jun-202038.3 M

USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 25.9m | 27.1m | 28.1m | 28.3m | 28.1m | 27.8m | 27.6m | 28.9m | 28.6m |

| 3% | 4% | 6% | ||||||

## Sales and marketing expense | 831.0k | ||||||||

## R&D expense | 2.3m | ||||||||

## Operating expense total | 11.0m | 14.7m | 12.7m | 13.0m | 13.9m | 14.8m | 15.1m | 15.6m | 10.4m |

## Interest expense | 18.7m | 12.0m | 7.9m | 5.8m | 4.8m | 5.4m | 7.0m | 12.5m | 21.7m |

## Interest income | 76.8m | 69.4m | 64.1m | 66.9m | 70.7m | 76.9m | 84.7m | 96.5m | 109.8m |

## Pre tax profit | 31.6m | 31.8m | 30.9m | 33.5m | 35.3m | 37.7m | 39.9m | 45.3m | 47.1m |

## Income tax expense | 9.7m | 9.7m | 9.1m | 10.2m | 10.6m | 11.2m | 10.5m | 9.0m | 9.6m |

## Net Income | 21.9m | 22.2m | 21.8m | 23.4m | 24.7m | 26.5m | 29.3m | 36.3m | 37.5m |

USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|---|---|---|---|

## Cash | 43.7m | 48.8m | 50.0m | 46.3m | 51.1m | 43.0m | 72.8m | 84.2m | 47.0m |

## Accounts Receivable | 1.1b | 1.2b | 1.3b | 1.4b | 1.6b | 1.9b | 2.2b | 2.4b | |

## Inventories | 1.8b | ||||||||

## PP&E | 22.6m | 28.9m | 29.2m | 28.5m | 27.4m | 26.9m | 27.6m | 30.4m | 35.5m |

## Goodwill | 22.0m | 22.0m | 22.0m | 22.0m | 21.9m | 21.9m | 21.9m | 21.9m | 21.9m |

## Total Assets | 2.0b | 2.0b | 2.2b | 2.2b | 2.4b | 2.6b | 2.8b | 3.0b | 3.2b |

## Accounts Payable | 2.1b | ||||||||

## Short-term debt | 10.0m | 68.9m | 70.4m | 135.2m | 20.0m | 20.0m | |||

## Long-term debt | 30.0m | 20.0m | 10.0m | 55.0m | 55.0m | 45.0m | 30.0m | ||

## Total Debt | 40.0m | 64.8m | 80.4m | 105.2m | 75.0m | 65.0m | 30.0m | ||

## Total Liabilities | 1.8b | 1.8b | 2.0b | 2.0b | 2.2b | 2.4b | 2.5b | 2.7b | 2.9b |

## Common Stock | 16.1m | 16.4m | 16.7m | 17.1m | 17.4m | 18.5m | 19.0m | 19.6m | |

## Preferred Stock | |||||||||

## Additional Paid-in Capital | 207.6m | 218.7m | 229.3m | 239.7m | 250.7m | 270.9m | 290.2m | 314.5m | 335.4m |

## Retained Earnings | 23.9m | 26.3m | 27.5m | 29.5m | 32.1m | 28.6m | 28.8m | 29.3m | 33.2m |

## Total Equity | 166.4m | 175.8m | 192.2m | 200.9m | 214.0m | 232.9m | 249.6m | 269.6m | 301.7m |

## Debt to Equity Ratio | 0.2 x | 0.3 x | 0.4 x | 0.5 x | 0.3 x | 0.2 x | |||

## Debt to Assets Ratio | 0 x | 0 x | 0 x | 0 x | 0 x | 0 x | |||

## Financial Leverage | 11.8 x | 11.5 x | 11.3 x | 11 x | 11.4 x | 11.2 x | 11.1 x | 11.1 x | 10.6 x |

USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 21.9m | 22.2m | 21.8m | 23.4m | 24.7m | 26.5m | 29.3m | 36.3m | 37.5m |

## Depreciation and Amortization | 6.5m | 8.9m | 8.9m | 7.0m | 6.3m | 5.9m | 5.4m | 4.8m | 5.5m |

## Cash From Operating Activities | 36.1m | 32.5m | 36.7m | 30.6m | 28.9m | 34.7m | 37.8m | 42.0m | 43.9m |

## Purchases of PP&E | (5.4m) | (8.1m) | (2.2m) | (1.5m) | (1.6m) | (1.4m) | (2.6m) | (5.1m) | (7.8m) |

## Cash From Investing Activities | (44.8m) | (65.6m) | (149.0m) | (67.7m) | (229.5m) | (157.8m) | (148.6m) | (227.8m) | (192.2m) |

## Short-term Borrowings | (15.1m) | 26.6m | |||||||

## Long-term Borrowings | (28.0k) | ||||||||

## Dividends Paid | 11.4m | 11.8m | 12.1m | 12.4m | (12.7m) | (13.1m) | (13.6m) | (14.4m) | (15.2m) |

## Cash From Financing Activities | 21.4m | 38.3m | 113.5m | 33.4m | 205.4m | 129.4m | 126.2m | 197.2m | 134.3m |

## Net Change in Cash | 12.7m | 5.1m | 1.1m | (3.7m) | 4.8m | 6.3m | 15.5m | 11.4m | (14.0m) |

## Interest Paid | 19.5m | 12.5m | 8.1m | 5.9m | 4.9m | 5.3m | 7.0m | 12.2m | 20.8m |

## Income Taxes Paid | 8.0m | 8.9m | 8.3m | 10.1m | 9.4m | 12.0m | 11.5m | 10.0m | 9.9m |

USD | Q2, 2011 |
---|---|

## Financial Leverage | 11.6 x |

Arrow Financial's Total Loans was reported to be $1.9b in Q2, 2017. Arrow Financial's Assets Under Management was reported to be $1.4b in Q2, 2017.

FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | |
---|---|---|---|---|---|---|---|---|---|---|---|

## Assets Under Management | $1.25 b | $1.25 b | $1.25 b | $1.20 b | $1.28 b | $1.23 b | $1.25 b | $1.28 b | $1.30 b | $1.33 b | $1.36 b |

## Bank Branches | 38 | 41 | 41 | ||||||||

## Non-accrual Loans | $6.89 m | $7 m | $6.93 m | $7.79 m | $6.43 m | $7.45 m | $6.71 m | $6.11 m | $4.19 m | $4.27 m | $5.22 m |

## Non-performing Loans | $7.77 m | $7.89 m | $8.78 m | $9.06 m | $6.91 m | $8.12 m | $7.27 m | $6.76 m | $5.50 m | $4.37 m | $7.14 m |

## Total Loans | $1.41 b | $1.34 b | $1.48 b | $1.50 b | $1.57 b | $1.62 b | $1.67 b | $1.71 b | $1.75 b | $1.81 b | $1.88 b |