Arrow Financial: Q2 Earnings Snapshot

About this update from Arrow Financial Corporation

GLENS FALLS, N.Y. (AP) — GLENS FALLS, N.Y. (AP) — Arrow Financial Corp. (AROW) on Thursday reported second-quarter profit of $10.8 million . The bank, based in Glens Falls, New York , said it had earnings of 65 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 70 cents per share. The bank holding company posted revenue of $59.2 million in the period. Its revenue net of interest expense was $40.1 million , exceeding Street forecasts. Arrow Financial shares have declined nearly 6% since the beginning of the year. The stock has fallen 12% in the last 12 months. _____ This story was generated by Automated Insights ( http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AROW at https://www.zacks.com/ap/AROW For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights. , source Associated Press News

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