Amalgamated Financial Reports Q1 Profit Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy AMAL?
Source: NASDAQ.COM
- Profit Growth: Amalgamated Financial Corp. reported a net profit of $25.22 million for Q1, translating to an earnings per share (EPS) of $0.84, which is an increase from last year's $25.03 million and $0.81 EPS, indicating a steady enhancement in the company's profitability.
- Adjusted Earnings: Excluding special items, the company reported adjusted earnings of $24.14 million or $0.80 per share, reflecting the stability and ongoing profitability of its core business operations.
- Revenue Increase: The company's revenue rose by 8.6% year-over-year to $109.31 million, up from $100.69 million last year, showcasing strong market demand and successful business expansion efforts.
- Financial Health: The overall improvement in financial performance not only boosts investor confidence but also lays a solid foundation for future strategic investments and expansions, demonstrating the company's resilience in a competitive financial market.
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Analyst Views on AMAL
Wall Street analysts forecast AMAL stock price to fall
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 43.080
Low
33.00
Averages
38.00
High
43.00
Current: 43.080
Low
33.00
Averages
38.00
High
43.00
About AMAL
Amalgamated Financial Corp. is a bank holding company engaged in commercial banking and financial services through its wholly owned subsidiary, Amalgamated Bank (the Bank). The Bank is a full-service commercial bank offering a complete suite of commercial and retail banking products, investment management and trust and custody services, and lending services. The Bank’s corporate divisions include commercial banking, trust and investment management and consumer banking. The Bank’s corporate divisions include commercial banking, trust and investment management and consumer banking. The Bank’s product line includes residential mortgage loans, commercial and industrial (C&I) loans, commercial real estate (CRE) loans, multifamily loans, consumer loans (predominantly residential solar) and a variety of commercial and consumer deposit products, including non-interest-bearing accounts, interest-bearing demand products, savings accounts, money market accounts and certificates of deposit.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
AMALGAMATED FINANCIAL CORP Reports Q1 Earnings Per Share of USD 0.84
- Financial Performance: A consolidated financial report indicates that the earnings per share (EPS) for Q1 is reported at $0.84.
- Company Overview: The report is from Amalgamated Financial Corp, highlighting its financial standing and performance metrics for the quarter.
See More
Amalgamated Financial Corp Reports Q1 Core Net Income of $24.1 Million
Financial Performance: A consolidated financial report indicates that the core net income for Amalgamated Financial Corp in Q1 reached USD 24.1 million.
Quarterly Results: The reported figure reflects the company's performance during the first quarter, showcasing its financial health and operational success.
See More
Amalgamated Bank Q1 Earnings Report Analysis
- Earnings Miss: Amalgamated Bank reported a Q1 non-GAAP EPS of $0.80, missing expectations by $0.15, indicating potential pressure on profitability that may affect investor confidence.
- Significant Revenue Growth: The bank's revenue reached $93.4 million, a 9.6% year-over-year increase, beating market expectations by $4.68 million, suggesting a strong business growth momentum that could attract more investor interest.
- Steady Loan and Deposit Growth: Net loans increased by $65.5 million to $5.0 billion, with commercial and industrial loans, commercial real estate, and multifamily loans growing by $108.7 million, reflecting robust credit demand that may enhance future earnings.
- Strong Capital Ratios: The Tier 1 leverage ratio stood at 9.33% and the Common Equity Tier 1 ratio at 14.20%, indicating a solid capital structure that helps mitigate risks from market fluctuations.
See More
Amalgamated Financial Reports Q1 Profit Growth
- Profit Growth: Amalgamated Financial Corp. reported a net profit of $25.22 million for Q1, translating to an earnings per share (EPS) of $0.84, which is an increase from last year's $25.03 million and $0.81 EPS, indicating a steady enhancement in the company's profitability.
- Adjusted Earnings: Excluding special items, the company reported adjusted earnings of $24.14 million or $0.80 per share, reflecting the stability and ongoing profitability of its core business operations.
- Revenue Increase: The company's revenue rose by 8.6% year-over-year to $109.31 million, up from $100.69 million last year, showcasing strong market demand and successful business expansion efforts.
- Financial Health: The overall improvement in financial performance not only boosts investor confidence but also lays a solid foundation for future strategic investments and expansions, demonstrating the company's resilience in a competitive financial market.
See More
Amalgamated Financial Corp. Reports Strong Q1 2026 Results with $93.4M Revenue
- Significant Deposit Growth: Amalgamated Financial Corp. reported a 2.9% increase in on-balance sheet deposits to $8.2 billion in Q1 2026, reflecting strong demand from political and nonprofit sectors, thereby enhancing liquidity and market competitiveness.
- Robust Net Income Performance: The company achieved a net income of $25.2 million, or $0.84 per diluted share in Q1, indicating a solid execution on revenue and earnings targets despite a slight decline from the previous quarter, showcasing its financial health.
- Loan Portfolio Expansion: Net loans increased by $65.5 million to $5.0 billion, particularly in commercial and industrial loans, indicating active participation in the credit market and a rebound in market demand, further solidifying its market position.
- Strong Capital Ratios: As of March 31, 2026, the Common Equity Tier 1 Capital ratio stood at 14.20%, demonstrating a robust capital structure that provides a buffer for future growth and potential market fluctuations.
See More
Amalgamated Financial Corp. Declares $0.17 Dividend per Share
- Dividend Declaration: Amalgamated Financial Corp. has declared a regular dividend of $0.17 per share to common stockholders, payable on May 21, 2026, reflecting the company's ongoing commitment to shareholder returns.
- Record Date: The record date for this dividend is set for May 5, 2026, ensuring that shareholders holding stock before this date will receive the dividend, which enhances investor confidence.
- Future Dividend Discretion: Future dividend payments will be subject to the discretion of the Board of Directors, allowing the company to adjust its shareholder return strategy based on financial performance and market conditions.
- Company Background: Founded in 1923, Amalgamated Financial Corp. is a public benefit corporation that provides commercial banking and trust services, demonstrating its commitment to social responsibility and sustainable development.
See More
AMALGAMATED FINANCIAL CORP Reports Q1 Earnings Per Share of USD 0.84
- Financial Performance: A consolidated financial report indicates that the earnings per share (EPS) for Q1 is reported at $0.84.
- Company Overview: The report is from Amalgamated Financial Corp, highlighting its financial standing and performance metrics for the quarter.
See More
Amalgamated Financial Corp Reports Q1 Core Net Income of $24.1 Million
Financial Performance: A consolidated financial report indicates that the core net income for Amalgamated Financial Corp in Q1 reached USD 24.1 million.
Quarterly Results: The reported figure reflects the company's performance during the first quarter, showcasing its financial health and operational success.
See More
Amalgamated Bank Q1 Earnings Report Analysis
- Earnings Miss: Amalgamated Bank reported a Q1 non-GAAP EPS of $0.80, missing expectations by $0.15, indicating potential pressure on profitability that may affect investor confidence.
- Significant Revenue Growth: The bank's revenue reached $93.4 million, a 9.6% year-over-year increase, beating market expectations by $4.68 million, suggesting a strong business growth momentum that could attract more investor interest.
- Steady Loan and Deposit Growth: Net loans increased by $65.5 million to $5.0 billion, with commercial and industrial loans, commercial real estate, and multifamily loans growing by $108.7 million, reflecting robust credit demand that may enhance future earnings.
- Strong Capital Ratios: The Tier 1 leverage ratio stood at 9.33% and the Common Equity Tier 1 ratio at 14.20%, indicating a solid capital structure that helps mitigate risks from market fluctuations.
See More
Amalgamated Financial Reports Q1 Profit Growth
- Profit Growth: Amalgamated Financial Corp. reported a net profit of $25.22 million for Q1, translating to an earnings per share (EPS) of $0.84, which is an increase from last year's $25.03 million and $0.81 EPS, indicating a steady enhancement in the company's profitability.
- Adjusted Earnings: Excluding special items, the company reported adjusted earnings of $24.14 million or $0.80 per share, reflecting the stability and ongoing profitability of its core business operations.
- Revenue Increase: The company's revenue rose by 8.6% year-over-year to $109.31 million, up from $100.69 million last year, showcasing strong market demand and successful business expansion efforts.
- Financial Health: The overall improvement in financial performance not only boosts investor confidence but also lays a solid foundation for future strategic investments and expansions, demonstrating the company's resilience in a competitive financial market.
See More
Amalgamated Financial Corp. Reports Strong Q1 2026 Results with $93.4M Revenue
- Significant Deposit Growth: Amalgamated Financial Corp. reported a 2.9% increase in on-balance sheet deposits to $8.2 billion in Q1 2026, reflecting strong demand from political and nonprofit sectors, thereby enhancing liquidity and market competitiveness.
- Robust Net Income Performance: The company achieved a net income of $25.2 million, or $0.84 per diluted share in Q1, indicating a solid execution on revenue and earnings targets despite a slight decline from the previous quarter, showcasing its financial health.
- Loan Portfolio Expansion: Net loans increased by $65.5 million to $5.0 billion, particularly in commercial and industrial loans, indicating active participation in the credit market and a rebound in market demand, further solidifying its market position.
- Strong Capital Ratios: As of March 31, 2026, the Common Equity Tier 1 Capital ratio stood at 14.20%, demonstrating a robust capital structure that provides a buffer for future growth and potential market fluctuations.
See More
Amalgamated Financial Corp. Declares $0.17 Dividend per Share
- Dividend Declaration: Amalgamated Financial Corp. has declared a regular dividend of $0.17 per share to common stockholders, payable on May 21, 2026, reflecting the company's ongoing commitment to shareholder returns.
- Record Date: The record date for this dividend is set for May 5, 2026, ensuring that shareholders holding stock before this date will receive the dividend, which enhances investor confidence.
- Future Dividend Discretion: Future dividend payments will be subject to the discretion of the Board of Directors, allowing the company to adjust its shareholder return strategy based on financial performance and market conditions.
- Company Background: Founded in 1923, Amalgamated Financial Corp. is a public benefit corporation that provides commercial banking and trust services, demonstrating its commitment to social responsibility and sustainable development.
See More
