Arrow Financial Q1 net income more than doubled to $13.49 million
Arrow Financial Corporation
Arrow Financial Corporation AROW | 0.00 |
- Arrow Financial first-quarter net income more than doubled to USD 13.49 million, lifting diluted EPS to USD 0.82.
- Net interest income climbed 15.2% to USD 36.13 million, pushing net interest margin 40 basis points higher to 3.48% on a tax-equivalent basis.
- Provision for credit losses on loans fell to USD 548,000 from USD 5.02 million.
- Non-interest income increased 10.1% to USD 8.63 million, while non-interest expense rose 3.1% to USD 26.87 million.
- Deal activity picked up with a definitive agreement to acquire Adirondack Bancorp, expected to close early in the third quarter of 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Arrow Financial Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000717538-26-000060), on May 08, 2026, and is solely responsible for the information contained therein.
