U.S. Markets close in 1 hr 58 mins

Arrow Financial: 1Q Earnings Snapshot

GLENS FALLS, N.Y. (AP) _ Arrow Financial Corp. (AROW) on Tuesday reported first-quarter profit of $8.7 million.

The bank, based in Glens Falls, New York, said it had earnings of 60 cents per share.

The bank holding company posted revenue of $33.1 million in the period. Its revenue net of interest expense was $28 million, beating Street forecasts.

Arrow Financial shares have risen nearly 4 percent since the beginning of the year. The stock has fallen slightly more than 2 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AROW at https://www.zacks.com/ap/AROW