Amalgamated Financial Corp.

AMAL

US0226711010

Banks

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
23.89 ^USD	-0.38%		+10.86%	-11.32%

Apr. 25	Transcript : Amalgamated Financial Corp., Q1 2024 Earnings Call, Apr 25, 2024
Apr. 25	Earnings Flash (AMAL) AMALGAMATED FINANCIAL Reports Q1 EPS $0.89	MT

Amalgamated Financial Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022

October 27, 2022 at 06:25 am EDT

Amalgamated Financial Corp. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net interest income was USD 67.63 million compared to USD 43.39 million a year ago. Net income was USD 22.94 million compared to USD 14.42 million a year ago. Basic earnings per share from continuing operations was USD 0.75 compared to USD 0.46 a year ago. Diluted earnings per share from continuing operations was USD 0.74 compared to USD 0.46 a year ago.
For the nine months, net interest income was USD 172.49 million compared to USD 127.22 million a year ago. Net income was USD 56.72 million compared to USD 37.01 million a year ago. Basic earnings per share from continuing operations was USD 1.84 compared to USD 1.19 a year ago. Diluted earnings per share from continuing operations was USD 1.82 compared to USD 1.17 a year ago.

Latest news about Amalgamated Financial Corp.

Transcript : Amalgamated Financial Corp., Q1 2024 Earnings Call, Apr 25, 2024	Apr. 25
Earnings Flash (AMAL) AMALGAMATED FINANCIAL Reports Q1 EPS $0.89	Apr. 25	MT
Amalgamated Financial Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 25	CI
Amalgamated Financial Raises Quarterly Dividend by 20% to $0.12 a Share, Payable May 22 to Holders of Record May 8	Apr. 23	MT
Amalgamated Financial Corp. Announces Increase in the Quarterly Dividend, Payable on May 22, 2024	Apr. 23	CI
Amalgamated Financial Corp. Announces Not Stand for Re-Election of John McDonagh as Board of Director	Apr. 11	CI
Keefe, Bruyette & Woods Cuts Price Target on Amalgamated Bank to $30 From $32, Maintains Outperform Rating	Apr. 05	MT
JPMorgan Adjusts Price Target on Amalgamated Bank to $29.50 From $33, Maintains Overweight Rating	Apr. 04	MT
Amalgamated Financial Corp.(NasdaqGM:AMAL) added to S&P Regional Banks Select Industry Index	Mar. 17	CI
UN-backed bank group seeks to avoid departures with new climate guidelines	Mar. 05	RE
In the Market-Ratings firms quizzed banks after NYCB, fueling worries	Feb. 14	RE
Transcript : Amalgamated Financial Corp., Q4 2023 Earnings Call, Jan 25, 2024	Jan. 25
Amalgamated Bank Q4 Adjusted EPS Decreases, Revenue Rises	Jan. 25	MT
Earnings Flash (AMAL) AMALGAMATED FINANCIAL Reports Q4 EPS $0.74, vs. Street Est of $0.72	Jan. 25	MT
Tranche Update on Amalgamated Financial Corp.'s Equity Buyback Plan announced on April 14, 2021.	Jan. 25	CI
Amalgamated Financial Corp. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Jan. 25	CI
Amalgamated Financial Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	Jan. 25	CI
Amalgamated Financial Corp. Provides Earnings Guidance for the Year 2024	Jan. 25	CI
Amalgamated Financial Keeps Quarterly Dividend at $0.10 per Share, Payable Feb. 23 to Stockholders of Record Feb. 6	Jan. 23	MT
Amalgamated Financial Corp. Declares Regular Quarterly Dividend, Payable on February 23, 2024	Jan. 23	CI
In the Market: Repo market may throw a fit, spur Fed to action	Jan. 22	RE
North American Morning Briefing : Traders Await -2-	Dec. 13	DJ
JPMorgan Upgrades Amalgamated Bank to Overweight From Neutral, Price Target is $29	Dec. 12	MT
In the Market: Wall Street eyes waning cash pile with anxiety	Dec. 12	RE
Keefe, Bruyette & Woods Adjusts Price Target on Amalgamated Financial to $26 From $24, Maintains Outperform Rating	Dec. 01	MT

Chart Amalgamated Financial Corp.

Duration

Period

More charts

Company Profile

Amalgamated Bank (the Bank) is a full-service commercial bank and a chartered trust company. The Bank offers a suite of commercial and retail banking, investment management, and trust and custody services. The Bankâs commercial banking and trust businesses are national in scope and the Bank also offers a full range of products and services to both commercial and retail customers through its three branch offices across New York City, one branch office in Washington, D.C., one branch office in San Francisco, one commercial office in Boston and its digital banking platform. The Bankâs corporate divisions include commercial banking, trust and investment management and consumer banking. The Bankâs product line includes residential mortgage loans, commercial and industrial (C&I) loans, commercial real estate (CRE) loans, multifamily mortgages, consumer loans and a variety of commercial and consumer deposit products, including savings accounts, money market accounts and others.

Sector

Banks

Calendar

2024-05-20 - Annual General Meeting

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for Amalgamated Financial Corp.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

23.89 USD

Average target price

29.17 USD

Spread / Average Target

+22.09%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Banks

	1st Jan change	Capi.
AMALGAMATED FINANCIAL CORP.	-11.32%	729M
BANK OF AMERICA CORPORATION	+12.59%	298B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+8.64%	251B
WELLS FARGO & COMPANY	+21.76%	210B
BANK OF CHINA LIMITED	+16.11%	173B
CHINA CONSTRUCTION BANK CORPORATION	+6.88%	163B
HSBC HOLDINGS PLC	+4.59%	154B
HDFC BANK LIMITED	-11.67%	138B
ROYAL BANK OF CANADA	-0.39%	138B
COMMONWEALTH BANK OF AUSTRALIA	+1.06%	125B

Other Banks