Amalgamated Financial Corp. (AMAL)
| Market Cap | 529.89M |
| Revenue (ttm) | 198.21M |
| Net Income (ttm) | 50.80M |
| Shares Out | 31.10M |
| EPS (ttm) | 1.61 |
| PE Ratio | 10.58 |
| Forward PE | n/a |
| Dividend | $0.40 (2.35%) |
| Ex-Dividend Date | Nov 18, 2021 |
| Volume | 6,436 |
| Open | 17.02 |
| Previous Close | 16.92 |
| Day's Range | 16.88 - 17.21 |
| 52-Week Range | 13.00 - 20.22 |
| Beta | 0.90 |
| Analysts | Buy |
| Price Target | 20.60 (+20.9%) |
| Earnings Date | Oct 28, 2021 |
About AMAL
Amalgamated Financial Corp. operates as a bank holding company for Amalgamated Bank that provides commercial banking and trust services for commercial and retail customers in the United States. The company accepts various deposit products, including non-interest and interest-bearing demand accounts, savings and money market accounts, NOW accounts, and certificates of deposit. It also provides various commercial loans comprising commercial and industrial, multifamily mortgage, and commercial real estate loans; and retail loans, such as residenti...
Financial Performance
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for AMAL stock is "Buy." The 12-month stock price forecast is 20.60, which is an increase of 20.89% from the latest price.
News
Has Amalgamated Financial (AMAL) Outpaced Other Finance Stocks This Year?
Here is how Amalgamated Financial (AMAL) and Bank of Nova Scotia (BNS) have performed compared to their sector so far this year.
KBRA Releases U.S. Bank 3Q21 Compendium and 2022 Outlook
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) releases its Third-Quarter 2021 U.S. Bank Compendium and 2022 Outlook. The compendium provides our latest view of the U.S. banking sector inclu...
Amalgamated Financial Corp. Announces Closing of $85 Million Subordinated Notes Offering
NEW YORK, Nov. 08, 2021 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (the “Company”) (Nasdaq: AMAL), the holding company for Amalgamated Bank (the “Bank”), today announced the closing of its underwri...
Amalgamated Financial Corp. Announces Pricing of Subordinated Notes Offering
NEW YORK, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (the “Company”) (Nasdaq: AMAL), the holding company for Amalgamated Bank (the “Bank”), today announced the pricing of its public o...
Amalgamated Financial Corp. Declares Regular Quarterly Dividend
NEW YORK, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its Board of Directors has declared a regular dividend to com...
Amalgamated Financial (AMAL) Tops Q3 Earnings and Revenue Estimates
Amalgamated Financial (AMAL) delivered earnings and revenue surprises of 24.32% and 3.80%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Amalgamated Financial Corp. Reports Third Quarter 2021 Financial Results
NEW YORK, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (the “Company” or “Amalgamated”) (Nasdaq: AMAL), the holding company for Amalgamated Bank (the “Bank”), today announced financial ...
Amalgamated Bank Names Ivan Frishberg Chief Sustainability Officer
NEW YORK, Oct. 22, 2021 (GLOBE NEWSWIRE) -- Amalgamated Bank (“Amalgamated”), a wholly-owned subsidiary of Amalgamated Financial (the “Company”) (Nasdaq: AMAL) today announced that Ivan Frishberg has be...
Analysts Estimate Amalgamated Financial (AMAL) to Report a Decline in Earnings: What to Look Out for
Amalgamated Financial (AMAL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Amalgamated Financial Corp. Announces Third Quarter 2021 Earnings Conference Call
NEW YORK, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its third quarter 2021 financial results will be released bef...
Amalgamated Bank Announces Agreement to Acquire Amalgamated Bank of Chicago
Unites Two Highly Complementary Organizations to Further Enhance Amalgamated's Position as America's Largest ESG-Focused Bank
Amalgamated Bank Named Official Social Responsibility Partner of the WNBPA In Landmark Alliance
– The WNBPA and America's Socially Responsible Bank to support social justice reform efforts via newly launched WNBPA Social Impact Fund; player-advocates Sue Bird, Natasha Cloud & Elizabeth Williams wi...
Amalgamated Financial Corp. elects Darrell Jackson as newest Board member
NEW YORK, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (Nasdaq: AMAL) (“Amalgamated” or the “Company”), today announced that it has elected Darrell Jackson as its newest member to the B...
Amalgamated Financial Corp. Declares Regular Quarterly Dividend
NEW YORK, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its Board of Directors has declared a regular dividend to com...
Amalgamated Financial (AMAL) Q2 Earnings and Revenues Lag Estimates
Amalgamated Financial (AMAL) delivered earnings and revenue surprises of -11.11% and -0.72%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Amalgamated Financial Corp. Reports Second Quarter 2021 Financial Results
NEW YORK, July 29, 2021 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (the “Company” or “Amalgamated”) (Nasdaq: AMAL), the holding company for Amalgamated Bank (the “Bank”), today announced financial ...
Amalgamated Financial (AMAL) Earnings Expected to Grow: Should You Buy?
Amalgamated Financial (AMAL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Amalgamated Financial Corp. Announces Second Quarter 2021 Earnings Conference Call
NEW YORK, July 14, 2021 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its second quarter 2021 financial results will be released be...
Amalgamated Financial Corp. Appoints Jason Darby Chief Financial Officer
NEW YORK, May 26, 2021 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (Nasdaq: AMAL) (“Amalgamated” or the “Company”), today announced that it has appointed Jason Darby as Chief Financial Officer and S...
Amalgamated Financial Corp. Appoints Priscilla Sims Brown Chief Executive Officer
Veteran Financial Services Executive Will Join Amalgamated to Lead its Growth Strategy and Advance its Mission as America's Socially Responsible Bank Veteran Financial Services Executive Will Join Amalg...
Amalgamated Financial (AMAL) Q1 Earnings Beat Estimates
Amalgamated Financial (AMAL) delivered earnings and revenue surprises of 13.89% and -5.24%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Recap: Amalgamated Financial Q1 Earnings
Shares of Amalgamated Financial (NASDAQ:AMAL) rose 1.6% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 41.38% year over year to $0.41, which beat ...
Amalgamated Financial Corp. Reports First Quarter 2021 Financial Results
NEW YORK, April 22, 2021 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (the “Company” or “Amalgamated”) (Nasdaq: AMAL), the holding company for Amalgamated Bank (the “Bank”), today announced financial...
Amalgamated Bank Helps Launch Net Zero Banking Alliance
WASHINGTON--(BUSINESS WIRE)--Amalgamated Bank today announced that it is a founding member of the Net Zero Banking Alliance, part of the Glasgow Finance Alliance for Net Zero.