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Arrow Financial Q3 Profit Declines
(RTTNews) - Multi-bank holding company Arrow Financial Corp. (AROW) reported Tuesday that net income for the third quarter decreased to $7.74 million or $0.46 per share from $12.16 million or $0.72 per share in the prior-year quarter.
Net interest income for the quarter decreased 18.0 percent to $25.35 million from $30.90 million in the year-ago quarter. Non-interest income was $8.05 million, compared to $7.83 million last year.
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