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Arrow Financial Q1 Earnings Decline; Quarterly Dividend Maintained
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Arrow Financial Q1 Earnings Decline; Quarterly Dividend Maintained
Apr 30, 2024 11:31 AM

02:14 PM EDT, 04/30/2024 (MT Newswires) -- Arrow Financial ( AROW ) reported Q1 diluted earnings Tuesday of $0.45 a share, down from $0.50 a year earlier.

Two analysts polled by Capital IQ expected $0.47.

Revenue, expressed as the sum of net interest income and total noninterest income, fell to $34.3 million in the quarter ended March 31 from $34.8 million a year earlier.

One analyst surveyed by Capital IQ expected $33.3 million.

The company maintained its quarterly dividend at $0.27 a share, payable May 24 to shareholders of record on May 13.

Price: 22.61, Change: -0.19, Percent Change: -0.83

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