Amalgamated Financial Corp. (AMAL)
| Market Cap | 783.55M |
| Revenue (ttm) | 285.13M |
| Net Income (ttm) | 93.89M |
| Shares Out | 30.50M |
| EPS (ttm) | 3.06 |
| PE Ratio | 8.34 |
| Forward PE | 8.27 |
| Dividend | $0.48 (1.87%) |
| Ex-Dividend Date | May 7, 2024 |
| Volume | 92,403 |
| Open | 25.59 |
| Previous Close | 25.49 |
| Day's Range | 25.34 - 25.75 |
| 52-Week Range | 14.05 - 27.77 |
| Beta | 0.93 |
| Analysts | Buy |
| Price Target | 29.50 (+14.83%) |
| Earnings Date | Apr 25, 2024 |
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]
Financial Performance
In 2023, AMAL's revenue was $275.98 million, an increase of 10.95% compared to the previous year's $248.74 million. Earnings were $87.98 million, an increase of 7.98%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for AMAL stock is "Buy." The 12-month stock price forecast is $29.5, which is an increase of 14.83% from the latest price.
News
Amalgamated Financial Corp. Announces Completion of Three Oregon Community Solar Program Projects
Three Additional Developments Expected to Reach Mechanical Completion by the end of Third Quarter 2024 Three Additional Developments Expected to Reach Mechanical Completion by the end of Third Quarter...
Amalgamated Financial Corp. Reports First Quarter 2024 Financial Results; Stellar Deposit Growth; Net Interest Margin Rises to 3.49%
Common Equity Tier 1 Capital Ratio of 13.68% | Return on Average Assets of 1.36% Common Equity Tier 1 Capital Ratio of 13.68% | Return on Average Assets of 1.36%
CORRECTION: Amalgamated Financial Corp. Announces a 20% Quarterly Dividend Increase
NEW YORK, April 23, 2024 (GLOBE NEWSWIRE) -- In a release issued today by Amalgamated Financial Corp., (Nasdaq: AMAL), please note that the percentage increase of the dividend has been updated to 20%,...
Amalgamated Financial Corp. Announces a 50% Quarterly Dividend Increase
NEW YORK, April 23, 2024 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its Board of Directors has authorized a 50% increase in th...
Banks are well-positioned in this environment, says Amalgamated Bank CEO
Priscilla Sims Brown, Amalgamated Bank CEO, joins ‘The Exchange' to discuss how banks are positioned in the current environment, how unique her banks' business model is, and more.
Watch CNBC's full interview with Amalgamated Bank CEO Priscilla Sims Brown
Priscilla Sims Brown, Amalgamated Bank CEO, joins ‘The Exchange' to discuss how banks are positioned in the current environment, how unique her banks' business model is, and more.
Amalgamated Financial Corp. Announces First Quarter 2024 Earnings Conference Call
NEW YORK, April 11, 2024 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its first quarter 2024 financial results will be released ...
Amalgamated Financial Corp. Reports Fourth Quarter 2023 Financial Results: $170.8 Million Deposit Growth Excluding Brokered CDs; Net Interest Margin Rises to 3.44%
Common Equity Tier 1 Capital Ratio of 12.98% | Return on Average Assets of 1.13% Common Equity Tier 1 Capital Ratio of 12.98% | Return on Average Assets of 1.13%
Amalgamated Financial Corp. Declares Regular Quarterly Dividend
NEW YORK, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its Board of Directors has declared a regular dividend to c...
Amalgamated Financial Corp. Announces Fourth Quarter and Full Year 2023 Earnings Conference Call
NEW YORK, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its fourth quarter and full year 2023 financial results wil...
Amalgamated Financial Corp. Appoints Julieta Ross and Scott Stoll to its Board of Directors
NEW YORK, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced it has appointed Julieta Ross and Scott Stoll as its newest memb...
Amalgamated Financial Corp. Reports Third Quarter 2023 Financial Results; Stable Net Interest Margin at 3.29%, Deposit growth excluding Brokered CDs of $172.8 million
Common Equity Tier 1 Capital Ratio of 12.63% | Return on Average Assets of 1.12% Common Equity Tier 1 Capital Ratio of 12.63% | Return on Average Assets of 1.12%
Amalgamated Financial Corp. Announces Third Quarter 2023 Earnings Conference Call
NEW YORK, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its third quarter 2023 financial results will be released b...
Amalgamated Bank Selects Baker Hill
New York-based bank selects Baker Hill NextGen® Statement Spreading to optimize financial analysis for commercial loans CARMEL, Ind. , Oct. 3, 2023 /PRNewswire/ -- Baker Hill, the leading financial te...
Amalgamated Financial Corp. Reports Second Quarter 2023 Financial Results; Immediate Liquidity Coverage at 183% of Uninsured Non Super-Core Deposits
NEW YORK, July 27, 2023 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (the “Company” or “Amalgamated”) (Nasdaq: AMAL), the holding company for Amalgamated Bank (the “Bank”), today announced its comp...
Amalgamated Financial Corp. Reports Preliminary Results for the Second Quarter 2023 and Announces Second Quarter 2023 Earnings Conference Call
Immediate Liquidity Coverage at 183% of Uninsured Deposits Excluding Super-Core
Amalgamated Financial Corp. Reports First Quarter 2023 Financial Results; Exhibiting Deposit Stability and Solid Liquidity
NEW YORK, April 27, 2023 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (the “Company” or “Amalgamated”) (Nasdaq: AMAL), the holding company for Amalgamated Bank (the “Bank”), today announced financi...
Amalgamated Financial Corp. Announces First Quarter 2023 Earnings Conference Call
NEW YORK, April 13, 2023 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its first quarter 2023 financial results will be released ...
Amalgamated Financial Corp. Reports Record Fourth Quarter 2022 Financial Results
NEW YORK, Jan. 26, 2023 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (the “Company” or “Amalgamated”) (Nasdaq: AMAL), the holding company for Amalgamated Bank (the “Bank”), today announced financia...
Amalgamated Financial Corp. Announces Fourth Quarter and Full Year 2022 Earnings Conference Call
NEW YORK, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its fourth quarter and full year 2022 financial results wil...
Amalgamated Financial Corp. Reports Record Third Quarter 2022 Financial Results
NEW YORK, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (the “Company” or “Amalgamated”) (Nasdaq: AMAL), the holding company for Amalgamated Bank (the “Bank”), today announced record f...
Amalgamated Financial Corp. Announces Third Quarter 2022 Earnings Conference Call
NEW YORK, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its third quarter 2022 financial results will be released b...
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.
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 ...
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 f...