Arrow Financial Corporation
AROW · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $223,067 | $191,681 | $160,549 | $147,919 |
| % Growth | 16.4% | 19.4% | 8.5% | – |
| Cost of Goods Sold | $88,441 | $61,113 | $16,106 | $5,467 |
| Gross Profit | $134,626 | $130,568 | $144,443 | $142,452 |
| % Margin | 60.4% | 68.1% | 90% | 96.3% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $55,482 | $49,717 | $48,179 | $45,840 |
| SG&A Expenses | $56,735 | $50,890 | $49,369 | $46,923 |
| Sales & Mktg Exp. | $1,253 | $1,173 | $1,190 | $1,083 |
| Other Operating Expenses | $40,533 | $42,158 | $32,161 | $31,125 |
| Operating Expenses | $97,268 | $93,048 | $81,530 | $78,048 |
| Operating Income | $37,358 | $37,520 | $62,913 | $64,404 |
| % Margin | 16.7% | 19.6% | 39.2% | 43.5% |
| Other Income/Exp. Net | $0 | $0 | $0 | $0 |
| Pre-Tax Income | $37,358 | $37,520 | $62,913 | $64,404 |
| Tax Expense | $7,649 | $7,445 | $14,114 | $14,547 |
| Net Income | $29,709 | $30,075 | $48,799 | $49,857 |
| % Margin | 13.3% | 15.7% | 30.4% | 33.7% |
| EPS | 1.78 | 1.77 | 2.87 | 2.93 |
| % Growth | 0.6% | -38.3% | -2% | – |
| EPS Diluted | 1.77 | 1.77 | 2.86 | 2.92 |
| Weighted Avg Shares Out | 16,739 | 17,037 | 17,008 | 16,993 |
| Weighted Avg Shares Out Dil | 16,745 | 17,037 | 17,059 | 17,052 |
| Supplemental Information | – | – | – | – |
| Interest Income | $194,993 | $162,564 | $129,651 | $115,550 |
| Interest Expense | $83,261 | $57,732 | $11,308 | $5,195 |
| Depreciation & Amortization | $5,361 | $6,718 | $7,548 | $7,826 |
| EBITDA | $42,719 | $44,238 | $70,461 | $72,230 |
| % Margin | 19.2% | 23.1% | 43.9% | 48.8% |