Amalgamated Financial Corp. (AMAL)
| Market Cap | 1.02B |
| Revenue (ttm) | 303.97M |
| Net Income (ttm) | 104.21M |
| Shares Out | 30.59M |
| EPS (ttm) | 3.36 |
| PE Ratio | 9.92 |
| Forward PE | 8.97 |
| Dividend | $0.56 (1.70%) |
| Ex-Dividend Date | May 6, 2025 |
| Volume | 121,615 |
| Open | 32.99 |
| Previous Close | 32.85 |
| Day's Range | 32.55 - 33.54 |
| 52-Week Range | 25.03 - 38.19 |
| Beta | 0.85 |
| Analysts | Buy |
| Price Target | 36.50 (+9.51%) |
| Earnings Date | Jul 24, 2025 |
About AMAL
Amalgamated Financial Corp. operates as the bank holding company for Amalgamated Bank that provides commercial and retail banking, investment management, and trust and custody services in the United States. The company accepts various deposit products, including non-interest-bearing accounts, interest-bearing demand products, savings accounts, money market accounts, NOW accounts, time deposits, and certificates of deposit. It also provides residential real estate mortgage, commercial and industrial, commercial real estate, multifamily mortgage,... [Read more]
Financial Performance
In 2024, Amalgamated Financial's revenue was $304.26 million, an increase of 10.81% compared to the previous year's $274.58 million. Earnings were $106.43 million, an increase of 20.98%.
Financial StatementsAnalyst Summary
According to 3 analysts, the average rating for AMAL stock is "Buy." The 12-month stock price target is $36.5, which is an increase of 9.51% from the latest price.
News
Amalgamated Financial Corporation Welcomes Steven S. SaLoutos and Tony Wells to its Board of Directors
NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL), today announced the addition of two new board members to their Board of Directo...
Amalgamated Financial Remains Appealing
Amalgamated Financial continues to grow its balance sheet, with impressive deposit and loan growth, and declining debt levels. Despite recent profitability weakness and higher price-to-book multiples,...
Amalgamated Bank Advances Climate Leadership with C-PACE Financing for 205kW Solar Energy and Roofing Project in New Bedford
NEW BEDFORD, Mass., June 10, 2025 (GLOBE NEWSWIRE) -- Amalgamated Bank, a subsidiary of Amalgamated Financial Corp. (Nasdaq: AMAL), today announced the successful closing of a Commercial Property Asse...
Amalgamated Bank Joins Nearly $1 Billion Aggregate Financing with Greenbacker's 674 MW Cider Solar Farm, Powering New York's Largest Solar Project to Date
NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) -- Amalgamated Bank, a subsidiary of Amalgamated Financial Corp. (Nasdaq: AMAL), today announced the successful closing of a $15 million commitment as part of ...
Amalgamated Financial Corp. (AMAL) Q1 2025 Earnings Call Transcript
Amalgamated Financial Corp. (NASDAQ:AMAL) Q1 2025 Earnings Call April 24, 2025 11:00 AM ET Company Participants Jason Darby - Chief Financial Officer Priscilla Brown - President and Chief Executive O...
Amalgamated Financial Corp. Reports First Quarter 2025 Financial Results; $446 Million Total Deposit Growth; Strong Margin at 3.55%
Common Equity Tier 1 Capital Ratio of 14.27% | Tangible Common Equity Ratio of 8.73% Common Equity Tier 1 Capital Ratio of 14.27% | Tangible Common Equity Ratio of 8.73%
Amalgamated Financial Corp. Declares Regular Quarterly Dividend
NEW YORK, April 22, 2025 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its Board of Directors has declared a regular dividend to ...
Amalgamated Financial Corp. Announces First Quarter 2025 Earnings Conference Call
NEW YORK, April 14, 2025 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its first quarter 2025 financial results will be released ...
Amalgamated Bank Partners with Allectrify to Close First Adjustable-Rate C-PACE Transaction in Oklahoma County
OKLAHOMA CITY, April 02, 2025 (GLOBE NEWSWIRE) -- Amalgamated Bank, a subsidiary of Amalgamated Financial Corp. (Nasdaq: AMAL), today announced the successful closing on the first adjustable-rate fina...
Amalgamated Financial: Margin To Lift Earnings, Buy
While Amalgamated Financial's commercial loan segments will suffer because of an uncertain business environment, solar loans will likely continue to surge. The management is planning to fund loan grow...
GS Power Partners Secures $22M in Financing with Amalgamated Bank
STAMFORD, Conn. & NEW YORK--(BUSINESS WIRE)--GS Power Partners (GSPP), a leading Independent Power Producer in the distributed generation (DG) solar sector, today announced it has secured a $22 millio...
Amalgamated Financial Corp. Announces New $40 Million Share Repurchase Program
NEW YORK, March 10, 2025 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated”, the “Company”, or the “Bank”) (Nasdaq: AMAL) today announced that its Board of Directors has approved a new aut...
Bank stocks pop after Fed releases 'easier' 2025 stress test, plans to make exam more predictable
Bank shares rose Thursday after the Federal Reserve released parameters for its annual industry stress test showing smaller hypothetical shocks to the U.S. economy than in previous years. While still ...
Amalgamated Financial Corp. (AMAL) Q4 2024 Earnings Call Transcript
Amalgamated Financial Corp. (NASDAQ:AMAL) Q4 2024 Earnings Conference Call January 23, 2025 11:00 AM ET Company Participants Jason Darby - Chief Financial Officer Priscilla Sims Brown - President & C...
Amalgamated Financial Corp. Reports Fourth Quarter 2024 Financial Results: Solid Loan Growth; Net Interest Margin Rises to 3.59%
Common Equity Tier 1 Capital Ratio of 13.90% | Tangible Common Equity Ratio of 8.41% Common Equity Tier 1 Capital Ratio of 13.90% | Tangible Common Equity Ratio of 8.41%
Amalgamated Financial Corp. Announces a 17% Quarterly Dividend Increase
NEW YORK, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its Board of Directors has authorized a $0.02 increase, or ...
Amalgamated Financial Corp. Announces Fourth Quarter and Full Year 2024 Earnings Conference Call
NEW YORK, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its fourth quarter and full year 2024 financial results wil...
Amalgamated Financial: Still Bullish After Terrific Upside
Amalgamated Financial, focusing on mission-based customer segments, has seen significant growth in deposits, loans, and net interest income, making it a strong investment. Shares have risen 37.1% sinc...
Amalgamated Financial Corp. (AMAL) Q3 2024 Earnings Call Transcript
Amalgamated Financial Corp. (NASDAQ:AMAL) Q3 2024 Earnings Conference Call October 24, 2024 11:00 AM ET Company Participants Priscilla Sims Brown – President and Chief Executive Officer Jason Darby –...
Amalgamated Financial Corp. Reports Record Third Quarter 2024 Financial Results; Margin Expands to 3.51%; Return on Average Assets of 1.32%
YoY Tangible Book Value per share Growth of 27.9% | Deposits Higher by $311 million YoY Tangible Book Value per share Growth of 27.9% | Deposits Higher by $311 million
Amalgamated Financial Corp. Announces Third Quarter 2024 Earnings Conference Call
NEW YORK, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its third quarter 2024 financial results will be released b...
Amalgamated Financial: A Positive Outlook Due To Political Deposits And Organic Loan Growth
Earnings will benefit this year from on and off-balance sheet political deposits. The residential mortgage segment will likely drive loan growth next year. It will counter the negative effect of inter...
Amalgamated Bank Issues Annual Environmental, Social and Governance Report for 2023
NEW YORK, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Amalgamated Bank, a subsidiary of Amalgamated Financial Corp. (Nasdaq: AMAL), today announced the publication of its 2023 Environmental, Social and Governa...
Amalgamated Announces the Appointment of Nicole Steele and Emily Robichaux as Directors of Climate Partnerships
NEW YORK--(BUSINESS WIRE)--Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced the appointment of Nicole Steele as Director of Climate Partnership Banking and E...
Amalgamated Financial Corp. (AMAL) Q2 2024 Earnings Call Transcript
Amalgamated Financial Corp. (NASDAQ:AMAL) Q2 2024 Earnings Conference Call July 25, 2024 11:00 AM ET Company Participants Jason Darby - Senior Executive Vice President & Chief Financial Officer Prisc...