Detail akcie Arrow Financial online

Business Summary: Arrow Financial Corporation (Arrow) is a bank holding company. The Company's banking subsidiaries are Glens Falls National Bank and Trust Company (Glens Falls National) and Saratoga National Bank and Trust Company (Saratoga National). It operates in community banking industry segment. The Company's business consists primarily of the ownership, supervision and control of its two banks. It provides advisory and administrative services and coordinates the general policies and operation of the banks. The Company offers a range of commercial and consumer banking, and financial products. Its deposit base consists of deposits derived from the communities it serves. Through its banks' trust operations, the Company provides retirement planning, trust and estate administration services for individuals, and pension, profit-sharing and employee benefit plan administration for corporations.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2019, Arrow Financial Corporation interest income increased 14% to $109.8M. Net interest income after loan loss provision increased 6% to $86M. Net income increased 3% to $37.5M. Net interest income after loan loss provision reflects Interest and Fees on Loans increase of 17% to $95.5M, Fully Taxable increase of 4% to $8.9M.