Amalgamated Financial Corp

Amalgamated Financial Corp. operates as a holding company for Amalgamated Bank. It offers commercial and retail banking, investment management, and trust custody segments. The company was founded in 1923 and is headquartered in New York, NY.

Earnings data Q1 2021

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Earnings data Q4 2024

Amalgamated Financial Corp (AMAL) reports record earnings and growth opportunities

Amalgamated Financial Corp (AMAL) delivered strong financial performance in Q4 2022, with record earnings, improved credit quality, and strategic growth initiatives.
The bank's focus on sustainable lending, deposit mix optimization, and proactive risk management positions it well for long-term stability and profitability.
While facing challenges such as consumer charge offs and interest rate risks, AMAL has opportunities to leverage sustainable lending, revenue enhancement, and operational efficiencies.
Overall, Amalgamated Financial Corp (AMAL) is poised for growth and resilience, supported by its prudent financial management and strategic initiatives.

Amalgamated Financial Corp reports stable Q1 earnings amidst market challenges

Amalgamated Financial Corp's Q1 performance showcased solid earnings and deposit base strength amidst market challenges, with a focus on responsible banking and stability.
While facing declines in core deposits and specific expense challenges, the bank is poised for growth through loan origination, funding management, and capital optimization strategies.
Strategic opportunities lie in achieving financial targets, maintaining capital levels, and optimizing portfolio composition for sustained growth and profitability.

Amalgamated Financial Corp reports strong Q2 earnings, eyes sustainable growth

Amalgamated Financial Corp's Q2 2023 performance showed solid net income and loan growth, with improvements in asset quality. The bank's focus on sustainable lending and deposit franchise strength positions it well for future growth, despite challenges in net interest income and temporary loan yield decreases.

Amalgamated Financial Corp (AMAL) reports robust Q3 performance and eyes strategic growth opportunities

Amalgamated Financial Corp (AMAL) demonstrated strong financial performance with a focus on balance sheet strength and operational efficiency.
While facing challenges in managing nonperforming assets and executing growth strategies, the bank remains well-positioned for future opportunities.
Strategic initiatives to enhance shareholder value, support community safety, and drive sustainable growth underscore the bank's commitment to long-term success.
Management's proactive approach to addressing challenges and leveraging opportunities bodes well for navigating evolving market dynamics.

Amalgamated Financial Corp (AMAL) reports strong Q4 performance and growth outlook

Amalgamated Financial Corp (AMAL) delivered strong Q4 performance with a focus on sustainable banking and impact lending. The company provided guidance for 2024, targeting core pretax preprovision earnings and net interest income. Challenges include margin expansion uncertainties and specific credit stress.

Amalgamated Financial Corp reports strong Q1 performance and eyes sustainable growth

Amalgamated Financial Corp (AMAL) showed strong performance with increased core net income and deposit growth in Q1 2024.
While facing challenges like political deposit outflows, the bank is leveraging strengths in sustainable lending and customer segment growth.
Opportunities in margin expansion, stock buybacks, and sustainable financing projects position the bank for future growth and profitability.

Amalgamated Financial Corp reports robust Q2 earnings and growth prospects

Amalgamated Financial Corp delivered strong financial performance in Q2 2024, driven by deposit and loan growth.
The company's focus on sustainability and climate finance presents a competitive edge in the market.
While facing challenges in maintaining profitability, Amalgamated has opportunities for growth through strategic initiatives.

Amalgamated Financial Corp excels in Q3, eyes sustainable growth

AMAL's Q3 performance reflects robust growth, financial resilience, and strategic investments in sustainable initiatives.
While facing challenges such as potential margin compression and political deposit outflows, the company remains optimistic about future prospects.
Opportunities lie in the acceleration of loan growth, sustainable lending focus, and upcoming investor engagement events.

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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. Reports Third Quarter 2023 Financial Results; Stable Net Interest Margin at 3.29%, Deposit growth excluding Brokered CDs of $172.8 million

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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 before market open on Thursday, October 26, 2023. The Company will host a conference call at 11:00 a.m. Eastern Time on the same day to discuss the financial results.

Amalgamated Financial Corp. Announces Third Quarter 2023 Earnings Conference Call

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 technology provider in delivering solutions for loan origination, risk management, and analytics, has added Amalgamated Bank to its growing client roster.

Amalgamated Bank Selects Baker Hill

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Is Amalgamated Financial (AMAL) a great pick from the value investor's perspective right now? Read on to know more.

Is Amalgamated Financial (AMAL) a Great Stock for Value Investors?

Amalgamated Financial Corp. (AMAL) Q2 2023 Earnings Call Transcript

The headline numbers for Amalgamated Financial (AMAL) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Amalgamated Financial (AMAL) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Amalgamated Financial (AMAL) came out with quarterly earnings of $0.72 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.65 per share a year ago.

Amalgamated Financial (AMAL) Q2 Earnings Meet Estimates

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 complete financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights (on a linked quarter basis) Net income of $21.6 million, or $0.70 per diluted share, compared to $21.3 million, or $0.69 per diluted share.

Amalgamated Financial Corp. Reports Second Quarter 2023 Financial Results; Immediate Liquidity Coverage at 183% of Uninsured Non Super-Core Deposits

Amalgamated Financial (AMAL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Amalgamated Financial (AMAL) Could Beat Earnings Estimates Again

Amalgamated Financial (AMAL) possesses 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 (AMAL) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Immediate Liquidity Coverage at 183% of Uninsured Deposits Excluding Super-Core

Amalgamated Financial Corp. Reports Preliminary Results for the Second Quarter 2023 and Announces Second Quarter 2023 Earnings Conference Call

Amalgamated Financial Corp. (NASDAQ:AMAL ) Q1 2023 Earnings Conference Call April 27, 2023 11:30 AM ET Company Participants Jason Darby - Chief Financial Officer Priscilla Sims Brown - President and Chief Executive Officer Conference Call Participants Alexander Twerdahl - Piper Sandler Janet Lee - J.P. Morgan Christopher O'Connell - KBW Operator Good morning, ladies and gentlemen, and welcome to the Amalgamated Financial Corporation First Quarter 2023 Earnings Conference Call.

Amalgamated Financial Corp. (AMAL) Q1 2023 Earnings Call Transcript

Amalgamated Financial (AMAL) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.45 per share a year ago.

Amalgamated Financial (AMAL) Q1 Earnings and Revenues Top Estimates

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 financial results for the first quarter ended March 31, 2023.

Amalgamated Financial Corp. Reports First Quarter 2023 Financial Results; Exhibiting Deposit Stability and Solid Liquidity

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 before market open on Thursday, April 27, 2023. The Company will host a conference call at 11:00 a.m. Eastern Time on the same day to discuss the financial results.

Amalgamated Financial Corp. Announces First Quarter 2023 Earnings Conference Call

Amalgamated Financial Corp. (NASDAQ:AMAL ) Q4 2022 Earnings Conference Call January 26, 2023 11:00 AM ET Company Participants Jason Darby - Chief Financial Officer Priscilla Sims Brown - President & Chief Executive Officer Conference Call Participants Janet Lee - J.P. Morgan Alex Twerdahl - Piper Sandler Chris O'Connell - KBW Operator Good morning, ladies and gentlemen, and welcome to the Amalgamated Financial Corporation Fourth Quarter 2022 Earnings Conference Call.

Amalgamated Financial Corp. (AMAL) Q3 2022 Earnings Call Transcript

Amalgamated Financial (AMAL) delivered earnings and revenue surprises of 13.70% and 2.10%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Amalgamated Financial (AMAL) Surpasses Q4 Earnings Estimates

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 financial results for the fourth quarter ended December 31, 2022.

Amalgamated Financial Corp. Reports Record Fourth Quarter 2022 Financial Results

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 will be released before market open on Thursday, January 26, 2023. The Company will host a conference call at 11:00 a.m. Eastern Time on the same day to discuss the financial results.

Amalgamated Financial Corp. Announces Fourth Quarter and Full Year 2022 Earnings Conference Call

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

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

If you are looking for stocks that are well positioned to maintain their recent uptrend, Amalgamated Financial (AMAL) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

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