Arrow Financial Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 25.77 million compared to USD 29.04 million a year ago. Net income was USD 6.05 million compared to USD 11.97 million a year ago. Basic earnings per share from continuing operations was USD 0.3495 compared to USD 0.699 a year ago. Diluted earnings per share from continuing operations was USD 0.3495 compared to USD 0.699 a year ago.
For the six months, net interest income was USD 53.87 million compared to USD 56.86 million a year ago. Net income was USD 14.61 million compared to USD 24.55 million a year ago. Basic earnings per share from continuing operations was USD 0.8544 compared to USD 1.4369 a year ago. Diluted earnings per share from continuing operations was USD 0.8544 compared to USD 1.4369 a year ago.