Friday, 24 January 2014 12:15
Arrow Reports Increased Quarterly Earnings
GLENS FALLS – Arrow Financial Corporation (NasdaqGS –AROW) announced operating results for the three- and twelve-month periods, which ended December 31, 2013.
Net income for the fourth quarter of 2013 was $5.8 million, an increase of $235 thousand, or 4.2 percent, from a net income of $5.5 million on the year.
Arrow President and CEO, Thomas J. Murphy, said: “We are pleased with these results during this extended and challenging period of historically low interest rates.”