Arrow Financial (AROW) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart

Arrow Financial Revenue Highlights

Latest Revenue (Y)

$191.68M

Latest Revenue (Q)

$57.58M

Main Segment (Y)

Deposit Account

Arrow Financial Revenue by Period

Arrow Financial Revenue by Year

Date	Revenue	Change
2023-12-31	$191.68M	28.44%
2022-12-31	$149.24M	4.57%
2021-12-31	$142.72M	8.24%
2020-12-31	$131.86M	13.08%
2019-12-31	$116.60M	3.22%
2018-12-31	$112.97M	7.29%
2017-12-31	$105.30M	5.94%
2016-12-31	$99.39M	5.68%
2015-12-31	$94.05M	5.19%
2014-12-31	$89.41M	6.09%
2013-12-31	$84.28M	-0.29%
2012-12-31	$84.52M	0.57%
2011-12-31	$84.04M	4.57%
2010-12-31	$80.37M	0.04%
2009-12-31	$80.33M	9.30%
2008-12-31	$73.50M	17.45%
2007-12-31	$62.58M	1.51%
2006-12-31	$61.65M	-2.08%
2005-12-31	$62.96M	0.85%
2004-12-31	$62.43M	1.56%
2003-12-31	$61.47M	0.19%
2002-12-31	$61.35M	10.14%
2001-12-31	$55.70M	14.98%
2000-12-31	$48.45M	2.42%
1999-12-31	$47.30M	8.74%
1998-12-31	$43.50M	10.97%
1997-12-31	$39.20M	-30.86%
1996-12-31	$56.70M	12.50%
1995-12-31	$50.40M	17.48%
1994-12-31	$42.90M	3.62%
1993-12-31	$41.40M	-

Arrow Financial generated $191.68M in revenue during NA 2023, up 28.44% compared to the previous quarter, and up 169.68% compared to the same period a year ago.

Arrow Financial Revenue by Quarter

Date	Revenue	Change
2024-09-30	$57.58M	3.13%
2024-06-30	$55.83M	2.37%
2024-03-31	$54.53M	5.26%
2023-12-31	$51.81M	55.10%
2023-09-30	$33.40M	2.22%
2023-06-30	$32.68M	-6.02%
2023-03-31	$34.77M	-7.88%
2022-12-31	$37.74M	-2.54%
2022-09-30	$38.73M	5.29%
2022-06-30	$36.78M	2.21%
2022-03-31	$35.99M	3.44%
2021-12-31	$34.79M	-4.24%
2021-09-30	$36.33M	-1.37%
2021-06-30	$36.84M	5.97%
2021-03-31	$34.76M	-2.23%
2020-12-31	$35.56M	5.83%
2020-09-30	$33.60M	4.97%
2020-06-30	$32.01M	4.25%
2020-03-31	$30.70M	2.34%
2019-12-31	$30.00M	0.02%
2019-09-30	$29.99M	4.86%
2019-06-30	$28.60M	2.12%
2019-03-31	$28.01M	-1.57%
2018-12-31	$28.46M	0.38%
2018-09-30	$28.35M	-1.82%
2018-06-30	$28.87M	5.80%
2018-03-31	$27.29M	0.83%
2017-12-31	$27.07M	1.03%
2017-09-30	$26.79M	1.93%
2017-06-30	$26.28M	4.48%
2017-03-31	$25.16M	0.57%
2016-12-31	$25.01M	0.09%
2016-09-30	$24.99M	-0.62%
2016-06-30	$25.15M	3.75%
2016-03-31	$24.24M	1.13%
2015-12-31	$23.97M	1.06%
2015-09-30	$23.71M	0.45%
2015-06-30	$23.61M	3.73%
2015-03-31	$22.76M	-0.96%
2014-12-31	$22.98M	1.18%
2014-09-30	$22.71M	2.50%
2014-06-30	$22.16M	2.79%
2014-03-31	$21.56M	-0.30%
2013-12-31	$21.62M	2.64%
2013-09-30	$21.07M	1.98%
2013-06-30	$20.66M	-1.31%
2013-03-31	$20.93M	-0.96%
2012-12-31	$21.13M	-1.06%
2012-09-30	$21.36M	1.41%
2012-06-30	$21.06M	0.46%
2012-03-31	$20.96M	2.15%
2011-12-31	$20.52M	-8.92%
2011-09-30	$22.53M	8.28%
2011-06-30	$20.81M	3.15%
2011-03-31	$20.17M	3.56%
2010-12-31	$19.48M	-4.85%
2010-09-30	$20.47M	-1.02%
2010-06-30	$20.68M	4.84%
2010-03-31	$19.73M	-0.49%
2009-12-31	$19.83M	3.38%
2009-09-30	$19.18M	-2.30%
2009-06-30	$19.63M	-9.54%
2009-03-31	$21.70M	19.74%
2008-12-31	$18.12M	-5.62%
2008-09-30	$19.20M	3.54%
2008-06-30	$18.55M	5.17%
2008-03-31	$17.63M	9.98%
2007-12-31	$16.03M	-

Arrow Financial generated $57.58M in revenue during Q3 2024, up 3.13% compared to the previous quarter, and up 176.19% compared to the same period a year ago.

Arrow Financial Revenue Breakdown

Arrow Financial Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Deposit Account	$10.80M	$11.63M	$11.46M	$10.00M	$10.18M
Fiduciary and Trust	$9.44M	$9.71M	$10.14M	$8.89M	$8.81M

Arrow Financial's latest annual revenue breakdown by segment (product or service), as of Dec 23: Deposit Account (53.34%), and Fiduciary and Trust (46.66%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19
Fiduciary and Trust	$2.43M	$2.46M	$4.74M	$2.43M	$2.27M	$2.26M	$2.34M	$2.52M	$2.60M	$2.60M	$2.57M	$2.59M	$2.38M	$2.28M	$2.27M	$2.13M	$2.21M	$2.24M	$2.21M	$2.25M
Deposit Account	$2.88M	$2.54M	$5.49M	$2.72M	$2.60M	$2.71M	$3.07M	$3.05M	$2.79M	$2.97M	$2.97M	$2.92M	$2.61M	$2.65M	$2.62M	$2.28M	$2.45M	$2.61M	$2.62M	$2.54M

Arrow Financial's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Deposit Account (54.26%), and Fiduciary and Trust (45.74%).

Arrow Financial Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
CBU	Community Bank System	$756.03M	$240.00M
NBHC	National Bank	$559.33M	$106.33M
BY	Byline Bancorp	$534.34M	$146.44M
FISI	Financial Institutions	$331.24M	$86.74M
WABC	Westamerica Ban	$327.54M	$79.72M
CTBI	Community Trust Ban	$327.31M	$95.38M
KRNY	Kearny Financial	$326.88M	$87.88M
HFWA	Heritage Financial	$303.13M	$81.65M
AROW	Arrow Financial	$191.68M	$57.58M
HBCP	Home Bancorp	$178.87M	$51.02M
COFS	ChoiceOne Financial Services	$114.13M	$36.28M
BAFN	BayFirst Financial	$102.55M	$30.30M
NKSH	National Bankshares	$68.16M	$18.67M
CWBC	Community West Bancshares	$61.39M	$27.26M
GSBC	Great Southern Bancorp	$46.29M	$91.36M
AFBI	Affinity Bancshares	$45.17M	$12.87M
FCCO	First Community	$10.42M	$26.72M
HTBK	Heritage Commerce	$9.00K	$2.24K

AROW Revenue FAQ

What is Arrow Financial’s yearly revenue?

Arrow Financial's yearly revenue for 2023 was $191.68M, representing an increase of 28.44% compared to 2022. The company's yearly revenue for 2022 was $149.24M, representing an increase of 4.57% compared to 2021. AROW's yearly revenue for 2021 was $142.72M, representing an increase of 8.24% compared to 2020.

What is Arrow Financial’s quarterly revenue?

Arrow Financial's quarterly revenue for Q3 2024 was $57.58M, a 3.13% increase from the previous quarter (Q2 2024), and a 72.37% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $55.83M, a 2.37% increase from the previous quarter (Q1 2024), and a 70.84% increase year-over-year (Q2 2023). AROW's quarterly revenue for Q1 2024 was $54.54M, a 5.26% increase from the previous quarter (Q4 2023), and a 56.84% increase year-over-year (Q1 2023).

What is Arrow Financial’s revenue growth rate?

Arrow Financial's revenue growth rate for the last 3 years (2021-2023) was 34.30%, and for the last 5 years (2019-2023) was 64.39%.

What are Arrow Financial’s revenue streams?

Arrow Financial's revenue streams in c 23 are Deposit Account, and Fiduciary and Trust. Deposit Account generated $10.8M in revenue, accounting 53.34% of the company's total revenue, down -7.12% year-over-year. Fiduciary and Trust generated $9.44M in revenue, accounting 46.66% of the company's total revenue, down -2.75% year-over-year.

What is Arrow Financial’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Arrow Financial was Deposit Account. This segment made a revenue of $10.8M, representing 53.34% of the company's total revenue.