Amalgamated Financial Corp. (AMAL)

NASDAQ: AMAL · IEX Real-Time Price · USD
23.23
+0.28 (1.22%)
Sep 27, 2022 4:00 PM EDT - Market closed
1.22%
Market Cap 712.89M
Revenue (ttm) 222.57M
Net Income (ttm) 64.12M
Shares Out 30.69M
EPS (ttm) 2.04
PE Ratio 11.39
Forward PE n/a
Dividend $0.42 (1.81%)
Ex-Dividend Date Aug 9, 2022
Volume 177,225
Open 23.06
Previous Close 22.95
Day's Range 22.91 - 23.49
52-Week Range 15.12 - 25.03
Beta 0.86
Analysts Buy
Price Target 27.54 (+18.6%)
Earnings Date Oct 26, 2022

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 for commercial and retail customers 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, and certificates of deposit. It also provides various commercial loans comprising commercial and industrial, multifamily mortgage, ... [Read more...]

Industry Banks
IPO Date Aug 9, 2018
Employees 375
Stock Exchange NASDAQ
Ticker Symbol AMAL
Full Company Profile

Financial Performance

In 2021, AMAL's revenue was $202.98 million, an increase of 3.65% compared to the previous year's $195.83 million. Earnings were $52.94 million, an increase of 14.61%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for AMAL stock is "Buy." The 12-month stock price forecast is 27.54, which is an increase of 18.55% from the latest price.

Price Target
$27.54
(18.55% upside)
Analyst Consensus: Buy
Stock Forecasts

News

4 High Earnings Yield Picks to Combat Aggressive Rate Hikes

With a number of deterrents doing the rounds in the market, it makes sense to unlock your portfolio value with high earnings yield stocks like JRVR, HSBC, RGA and AMAL.

Other symbols: HSBCJRVRRGA
6 days ago - Zacks Investment Research

Amalgamated Financial (AMAL) Is a Great Choice for "Trend" Investors, Here's Why

Amalgamated Financial (AMAL) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

1 week ago - Zacks Investment Research

5 Low Leverage Stocks to Buy Amid Macroeconomic Challenges

Investors remain spooked as a rate hike looks inevitable. One may opt for low leverage stocks like TSLA, SATS, AMAL, TITN & PBF to avoid huge losses at times of crisis.

Other symbols: PBFSATSTITNTSLA
1 week ago - Zacks Investment Research

New gun store merchant code could save lives, says Amalgamated Bank CEO

Amalgamated Bank CEO Priscilla Sims Brown joins CNBC's 'Squawk Box' to discuss a new merchant code for gun stores to prevent mass shootings in the U.S.

2 weeks ago - CNBC Television

Has Amalgamated Financial (AMAL) Outpaced Other Finance Stocks This Year?

Here is how Amalgamated Financial (AMAL) and Equity Commonwealth (EQC) have performed compared to their sector so far this year.

3 weeks ago - Zacks Investment Research

Are Finance Stocks Lagging Amalgamated Financial (AMAL) This Year?

Here is how Amalgamated Financial (AMAL) and First Interstate BancSystem (FIBK) have performed compared to their sector so far this year.

1 month ago - Zacks Investment Research

Amalgamated Bank Announces $15 million Loan for Decarbonization and Climate Resilience Initiatives

NEW YORK, Aug. 11, 2022 (GLOBE NEWSWIRE) -- Amalgamated Bank, a subsidiary of Amalgamated Financial Corp. (NASDAQ: AMAL) and a mission-driven, full-service commercial bank that empowers organizations an...

1 month ago - GlobeNewsWire

Amalgamated Financial (AMAL) Surpasses Q2 Earnings and Revenue Estimates

Amalgamated Financial (AMAL) delivered earnings and revenue surprises of 18.18% and 8.96%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Amalgamated Financial Corp. Reports Record Second Quarter 2022 Financial Results

NEW YORK, July 28, 2022 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (the “Company” or “Amalgamated”) (Nasdaq: AMAL), the holding company for Amalgamated Bank (the “Bank”), today announced record fin...

1 month ago - GlobeNewsWire

Amalgamated Financial Corp. Announces 25% Quarterly Dividend Increase

NEW YORK, July 27, 2022 (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...

2 months ago - GlobeNewsWire

Amalgamated Financial Corp. Appoints Meredith Miller to its Board of Directors

NEW YORK, July 27, 2022 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced the appointment of Meredith Miller as an independent director to t...

2 months ago - GlobeNewsWire

Amalgamated Financial Corp. Announces Second Quarter 2022 Earnings Conference Call

NEW YORK, July 14, 2022 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its second quarter 2022 financial results will be released be...

2 months ago - GlobeNewsWire

7 Bank Stocks to Buy on the Dip

As trends for banking are favorable, given the rising interest rate environment, consider these seven bank stocks to buy on the dip. The post 7 Bank Stocks to Buy on the Dip appeared first on InvestorPl...

2 months ago - InvestorPlace

New Strong Buy Stocks for July 1st

SU, CCBG, ROCC, ESTE and AMAL have been added to the Zacks Rank #1 (Strong Buy) List on July 1, 2022.

Other symbols: CCBGESTEROCCSU
2 months ago - Zacks Investment Research

Is Amalgamated Financial (AMAL) Stock Outpacing Its Finance Peers This Year?

Here is how Amalgamated Financial (AMAL) and Equity Commonwealth (EQC) have performed compared to their sector so far this year.

3 months ago - Zacks Investment Research

Is Amalgamated Financial (AMAL) Outperforming Other Finance Stocks This Year?

Here is how Amalgamated Financial (AMAL) and Equity Commonwealth (EQC) have performed compared to their sector so far this year.

3 months ago - Zacks Investment Research

3 Top Breakout Stocks to Buy for Solid Returns

Mercer International (MERC), Solaris Oilfield Infrastructure (SOI) & Amalgamated Financial (AMAL) have been selected as the breakout stocks for today.

Other symbols: MERCSOI
4 months ago - Zacks Investment Research

Earnings Estimates Rising for Amalgamated Financial (AMAL): Will It Gain?

Amalgamated Financial (AMAL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

4 months ago - Zacks Investment Research

Amalgamated Financial (AMAL) Surpasses Q1 Earnings and Revenue Estimates

Amalgamated Financial (AMAL) delivered earnings and revenue surprises of 15.38% and 6.27%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Amalgamated Financial Corp. Reports First Quarter 2022 Financial Results

NEW YORK, April 28, 2022 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (the “Company” or “Amalgamated”) (Nasdaq: AMAL), the holding company for Amalgamated Bank (the “Bank”), today announced financial...

4 months ago - GlobeNewsWire

Amalgamated Financial Corp. Declares Regular Quarterly Dividend

NEW YORK, April 27, 2022 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its Board of Directors has declared a regular dividend to co...

5 months ago - GlobeNewsWire

Amalgamated Financial Corp. Announces First Quarter 2022 Earnings Conference Call

NEW YORK, April 14, 2022 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its first quarter 2022 financial results will be released be...

5 months ago - GlobeNewsWire

Amalgamated Bank Provides Update on Acquisition of Amalgamated Bank of Chicago

Reaffirms Full Year 2022 Guidance

7 months ago - GlobeNewsWire

Amalgamated Bank and Almika Announce New Investment in Clean Energy Platform

Marks major expansion and horizontal integration in the utility and decentralized renewable space Marks major expansion and horizontal integration in the utility and decentralized renewable space

7 months ago - GlobeNewsWire

New Strong Buy Stocks for February 14th

LAD, PPC, TSE, AB, and AMAL have been added to the Zacks Rank #1 (Strong Buy) List on February 14, 2022.

Other symbols: ABLADPPCTSE
7 months ago - Zacks Investment Research