Arrow Financial Corporation
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Sep 2023 | Jun 2023 | Mar 2023 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $35.0M | $34.3M | $33.4M | $32.7M | $34.8M | $38.7M | $36.8M | $36.0M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | — | — | — | — | — | — | — | — |
| Operating Margin | — | — | — | — | — | — | — | — |
| Interest Expense | $20.8M | $20.2M | $16.8M | $14.2M | $8.0M | $3.3M | $1.6M | $1.1M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | $2.3M | $2.0M | $1.8M | $1.6M | $2.4M | $3.4M | $3.6M | $3.7M |
| Net Income | $8.6M | $7.7M | $7.7M | $6.0M | $8.6M | $12.2M | $12.0M | $12.6M |
| Net Margin | 24.6% | 22.3% | 23.2% | 18.5% | 24.6% | 31.4% | 32.6% | 34.9% |
| EPS (Basic) | $0.52 | $0.45 | $0.46 | $0.35 | $0.50 | $0.72 | $0.72 | $0.76 |
| EPS (Diluted) | $0.52 | $0.45 | $0.46 | $0.35 | $0.50 | $0.72 | $0.72 | $0.76 |
| Shares Outstanding (Basic) | 16.7M | 16.9M | 17.1M | 17.1M | 17.0M | 17.0M | 16.5M | 16.5M |
| Shares Outstanding (Diluted) | 16.7M | 16.9M | 17.1M | 17.1M | 17.1M | 17.1M | 16.5M | 16.6M |
| Dividends Per Share | $0.27 | $0.27 | $0.26 | $0.26 | $0.26 | $0.26 | $0.26 | $0.26 |