Amalgamated Bank

AMAL · NASDAQ · Financial Services / Banks - Regional

50.35USD+0.27 (+0.54%)

Price History

Full chart

Market Stats

Previous Close50.08

Open50.25

Day Range49.97 – 50.44

52-Week Range24.71 – 51.59

Volume114.41K

Market Cap1.42B

P/E (TTM)12.52

Forward P/E0.00

EPS3.80

Dividend Yield1.44%

Beta0.78

50-Day Avg48.69

200-Day Avg41.88

About

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 in the United States. It accepts various deposit products, including non-interest-bearing accounts, interest-bearing demand products, savings accounts, money market accounts, NOW accounts, time deposits, and certificates of deposit. The company also provides commercial and industrial, multifamily mortgage, commercial real estate, residential real estate mortgage, consumer solar, and consumer and other loans. In addition, it offers online banking, bill payment, online cash management, safe deposit box rentals, debit card, and ATM card services; and trust, custody, and investment management services, including asset safekeeping, corporate actions, income collections, proxy services, account transition, asset transfers, and conversion management. Further, the company provides investment products, such as index and actively-managed funds, which include equity, fixed-income, real estate, and alternative investments; and investment, brokerage, asset management, and insurance products, as well as lending services. Amalgamated Financial Corp. was founded in 1923 and is headquartered in New York, New York.

Company Details

SectorFinancial Services
IndustryBanks - Regional
CEOMs. Priscilla Sims Brown
Employees450
Headquarters275 Seventh Avenue, New York, NY, United States, 10001, USA
Websitehttps://www.amalgamatedbank.com

Leadership

Ms. Priscilla Sims BrownPresident, CEO & Director · b. 1957
Mr. Sean SearbyExecutive VP & Chief Information and Operations Officer · b. 1982
Mr. Edgar Romney Jr.Executive VP & Chief Strategy and Administrative Officer · b. 1980
Mr. Sam D. BrownSenior EVP & Chief Banking Officer · b. 1982
Ms. Eleanor InnesSenior VP & Chief Investment Officer
Ms. Leslie S. VeluswamyExecutive VP & Chief Accounting Officer · b. 1985
Mr. Adrian GlaceSenior VP & Chief Technology Officer · b. 1977
Ms. Mandy Tenner J.D.Executive VP & Chief Legal Officer · b. 1980
Mr. Tyrone GrahamExecutive VP & Chief Human Resources Officer · b. 1964
Mr. Kenneth A. SchmidtExecutive Vice President of Finance

Financials

Income Statement

Currency: USD	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	109.50M	124.45M	158.46M	167.25M	192.28M	215.16M	223.69M	208.76M	285.16M	382.48M	435.34M	455.03M
Growth (%)	-	+13.65%	+27.33%	+5.55%	+14.96%	+11.90%	+3.97%	-6.67%	+36.59%	+34.13%	+13.82%	+4.52%
Cost of Revenue	29.50M	24.11M	23.30M	24.43M	13.96M	23.15M	35.27M	5.93M	33.65M	111.44M	129.15M	135.23M
Gross Profit	80.00M	100.34M	135.16M	142.82M	178.06M	192.00M	188.42M	202.83M	251.51M	271.05M	306.19M	319.80M
Gross Margin	73.06%	80.63%	85.30%	85.39%	92.60%	89.24%	84.23%	97.16%	88.20%	70.86%	70.33%	70.28%
Operating Expense	99.40M	94.09M	118.78M	123.10M	127.73M	127.83M	126.47M	132.10M	143.34M	146.31M	160.87M	179.69M
Operating Income	-19.40M	6.25M	16.38M	19.72M	50.32M	64.17M	61.94M	70.72M	108.16M	124.73M	145.32M	140.10M
Operating Margin	-17.72%	5.02%	10.34%	11.79%	26.17%	29.83%	27.69%	33.88%	37.93%	32.61%	33.38%	30.79%
EBITDA	10.10M	30.36M	15.03M	24.69M	55.48M	70.18M	69.51M	75.57M	118.51M	131.13M	151.02M	144.97M
EBITDA Margin	9.22%	24.39%	9.48%	14.76%	28.86%	32.62%	31.07%	36.20%	41.56%	34.28%	34.69%	31.86%
Net Income	-11.80M	19.53M	10.56M	6.11M	44.65M	47.20M	46.19M	52.94M	81.48M	87.98M	106.43M	104.45M
Net Income Margin	-10.78%	15.69%	6.66%	3.65%	23.22%	21.94%	20.65%	25.36%	28.57%	23.00%	24.45%	22.95%
Interest Expense	29.50M	24.11M	23.30M	17.76M	14.22M	19.32M	10.48M	6.22M	18.65M	96.77M	118.87M	124.44M
Interest Expense % of Total Revenue	26.94%	19.37%	14.70%	10.62%	7.39%	8.98%	4.68%	2.98%	6.54%	25.30%	27.30%	27.35%

Balance Sheet

Currency: USD	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	-	-	4.04B	4.04B	4.69B	5.33B	5.98B	7.08B	7.84B	7.97B	8.26B	8.87B
Total Liabilities	-	-	3.70B	3.70B	4.25B	4.83B	5.44B	6.51B	7.33B	7.39B	7.55B	8.08B
Total Equity	-	-	340.98M	344.07M	439.24M	490.41M	535.69M	563.74M	508.82M	585.23M	707.65M	794.46M
Cash	-	-	140.63M	116.46M	80.84M	122.54M	38.77M	330.49M	63.54M	90.17M	60.75M	4.50M
Total Debt	-	-	638.87M	758.43M	92.88M	137.40M	53.17M	131.99M	698.49M	335.57M	334.14M	94.06M
Net Debt	-	-	498.24M	286.15M	12.03M	14.87M	14.40M	-198.49M	634.95M	245.00M	273.39M	89.56M

Cash Flow

Currency: USD	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	8.36M	23.94M	31.02M	83.46M	65.77M	70.54M	147.32M	117.22M	124.06M	135.78M
Investing Cash Flow	-335.01M	-35.10M	-258.31M	-545.88M	-755.14M	-865.41M	-1.20B	-134.41M	-315.95M	-378.02M
Financing Cash Flow	220.77M	-13.01M	191.67M	504.12M	605.60M	1.09B	788.22M	44.21M	162.06M	472.70M
Capital Expenditure	12.53M	1.87M	1.43M	753.00K	1.61M	2.40M	1.67M	1.48M	1.77M	1.38M
Free Cash Flow	-4.17M	22.07M	29.59M	82.71M	64.16M	68.14M	145.65M	115.75M	122.29M	134.40M
Dividends Paid	394.00K	394.00K	1.93M	8.30M	9.99M	9.98M	11.21M	12.33M	14.23M	17.20M
FCF to OCF	-49.89%	92.20%	95.40%	99.10%	97.55%	96.60%	98.87%	98.74%	98.57%	98.98%
Dividend Paid to FCF	-9.45%	1.79%	6.52%	10.04%	15.57%	14.64%	7.70%	10.66%	11.64%	12.80%

Earnings

Report Date	May 30, 2018	Sep 24, 2018	Oct 29, 2018	Jan 29, 2019	Apr 30, 2019	Jul 29, 2019	Oct 28, 2019	Jan 31, 2020	Apr 30, 2020	Jul 28, 2020	Oct 28, 2020	Jan 28, 2021	Apr 22, 2021	Jul 29, 2021	Oct 28, 2021	Jan 27, 2022	Apr 28, 2022	Jul 28, 2022	Oct 27, 2022	Jan 26, 2023	Apr 27, 2023	Jul 27, 2023	Oct 26, 2023	Jan 25, 2024	Apr 25, 2024	Jul 25, 2024	Oct 24, 2024	Jan 23, 2025	Apr 24, 2025	Jul 24, 2025	Oct 23, 2025	Jan 22, 2026	Apr 23, 2026	Jul 23, 2026	Oct 22, 2026
EPS Estimate	0.00	0.39	0.33	0.36	0.32	0.36	0.37	0.38	0.35	0.25	0.42	0.33	0.34	0.36	0.37	0.40	0.39	0.55	0.70	0.74	0.71	0.74	0.70	0.72	0.74	0.79	0.83	0.88	0.80	0.87	0.88	0.91	0.95	1.00	1.10
EPS Actual	0.28	0.40	0.38	0.30	0.33	0.36	0.41	0.39	0.29	0.34	0.54	0.44	0.41	0.32	0.46	0.53	0.46	0.65	0.77	0.83	0.74	0.72	0.76	0.72	0.83	0.85	0.91	0.90	0.88	0.88	0.91	0.99	0.80	1.10	-
Surprise	-	2.56%	15.15%	-16.67%	3.13%	0.00%	10.81%	2.63%	-17.14%	36.00%	28.57%	33.33%	20.59%	-11.11%	24.32%	32.50%	17.95%	18.18%	10.00%	12.16%	4.23%	-2.70%	8.57%	0.00%	12.16%	7.59%	9.64%	2.27%	10.00%	1.15%	3.41%	8.79%	-15.79%	10.00%	-
Timing	-	After-hours	After-hours	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market

Key Statistics & Ratios

Market Cap1.42B

Enterprise Value1.27B

Trailing P/E12.52

Forward P/E0.00

Price / Sales4.26

Price / Book1.67

EPS3.80

Book Value27.93

Revenue (TTM)333.86M

Gross Profit (TTM)333.86M

Profit Margin33.97%

Operating Margin50.84%

Return on Equity14.28%

Return on Assets1.26%

Shares Outstanding29.90M

Shares Float21.19M

Beta0.78

Dividend Yield1.44%

Dividend Rate0.68

Payout Ratio17.11%

Analyst Ratings

Buy

Based on 2 analystsTarget 54.00

Buy
1
Hold
1

Ownership Breakdown

Institutions: 60.61%
Insiders: 38.64%
Retail / Other: 0.75%

Top Institutional Holders

BlackRock Inc
3.47M11.59%
Dimensional Fund Advisors, Inc.
1.41M4.71%
Delaware Management Holdings Inc
1.18M3.96%
Vanguard Capital Management, LLC
821.59K2.75%
AllianceBernstein L.P.
751.42K2.51%
State Street Corp
748.93K2.50%
American Century Companies Inc
747.71K2.50%
Adage Capital Partners Gp LLC
575.02K1.92%
Geode Capital Management, LLC
571.09K1.91%
Vanguard Portfolio Management, LLC
443.98K1.48%
First Manhattan Co. LLC
402.77K1.35%
Federated Hermes Inc
330.80K1.11%
LSV Asset Management
305.66K1.02%
Bridgeway Capital Management, LLC
290.10K0.97%

Top Fund Holders

Nomura Small Cap Value A
729.65K2.44%
Avantis US Small Cap Value ETF
647.69K2.17%
Vanguard MStar Total Stk Mkt Idx Invest
567.41K1.90%
iShares Russell 2000 ETF
510.10K1.71%
BlackRock Advantage Small Cap Core Instl
403.28K1.35%
Nomura VIP Small Cap Value Series Std
384.75K1.29%

Dividends

20264×

0.17Nov 3, 20260.17Aug 4, 20260.17May 5, 20260.17Feb 3, 2026

20254×

0.14Nov 5, 20250.14Aug 5, 20250.14May 6, 20250.14Feb 11, 2025

20244×

0.12Nov 5, 20240.12Aug 6, 20240.12May 7, 20240.10Feb 5, 2024

20234×

0.10Nov 6, 20230.10Aug 4, 20230.10May 9, 20230.10Feb 3, 2023

20224×

0.10Nov 8, 20220.10Aug 9, 20220.08May 10, 20220.08Feb 14, 2022

20214×

0.08Nov 18, 20210.08Aug 17, 20210.08May 13, 20210.08Feb 18, 2021

Stock Splits

Aug 1, 201820:1