Arrow Financial Corp. (AROW), Wednesday, reported a slight increase in profit for the first quarter.
The Glens Falls, New York-based multi-bank holding company reported a first-quarter net profit of $5.29 million, compared to $5.28 million. On a per-share basis, earnings was flat at 45 cents. Net interest income for the quarter dropped to $14.41 million from $14.55 million, where as net interest income after provision for loan losses decreased to $14.13 million from $14.33 million in the prior-year quarter.
For the quarter, total non-interest income rose to $6.56 million from $5.62 million in the prior-year quarter. For the quarter, the company paid a cash dividend to its shareholders of $0.25, a 3 percent increase from the prior-year quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.