Amalgamated Financial Gestione
Criteri Gestione verificati 4/4
Amalgamated Financial Il CEO è Priscilla Brown, nominato in Jun2021, e ha un mandato di 4.92 anni. la retribuzione annua totale è $ 4.43M, composta da 24.1% di stipendio e 75.9% di bonus, comprese azioni e opzioni aziendali. possiede direttamente 0.71% delle azioni della società, per un valore di $ 8.63M. La durata media del mandato del team dirigenziale e del consiglio di amministrazione è rispettivamente 4.3 anni e 5 anni.
Informazioni chiave
Priscilla Brown
Amministratore delegato
US$4.4m
Compenso totale
| Percentuale dello stipendio del CEO | 24.12% |
| Mandato del CEO | 4.9yrs |
| Proprietà del CEO | 0.7% |
| Durata media del management | 4.3yrs |
| Durata media del Consiglio di amministrazione | 5yrs |
Aggiornamenti recenti sulla gestione
Recent updates
Aggiornamento della narrazione • May 18
AMAL: Strong Return Profile And Credit Repair Are Expected To Unlock Upside
Narrative Update on Amalgamated Financial Analysts have lifted the fair value estimate for Amalgamated Financial from $42 to $46, citing updated assumptions around revenue growth, profit margins, discount rates, and future P/E multiples following recent price target increases from several research firms. Analyst Commentary Street research around Amalgamated Financial has centered on revised price targets and a fresh look at credit quality, all of which feeds directly into how analysts are thinking about valuation, earnings power, and execution risk.
Aggiornamento della narrazione • Apr 30
AMAL: Credit Discipline And Buybacks Will Shape Future Return Balance
Narrative Update on Amalgamated Financial The updated analyst price target for Amalgamated Financial moves to $44 from $41, a $3 change, as analysts point to adjusted assumptions around revenue growth, profit margins, and future P/E. Recent research also highlights both the bank's return profile and its ongoing attention to credit quality in areas such as rent-regulated multifamily and consumer solar.Aggiornamento della narrazione • Apr 16
AMAL: Credit Execution And Payout Decisions Will Shape Balanced Return Outlook
Narrative Update on Amalgamated Financial The updated analyst price target for Amalgamated Financial is $41, up from $33. Analysts highlight a solid return profile while monitoring credit trends following stress in rent regulated multifamily and consumer solar in 2025.Aggiornamento della narrazione • Apr 02
AMAL: Strong Returns And Credit Repair Will Shape Future Capital Returns
Analysts have recently lifted their price target on Amalgamated Financial to $41, a $3 change, citing the bank's strong return profile while watching for progress on credit after recent stress in rent-regulated multifamily and consumer solar exposures. Analyst Commentary Bullish Takeaways Bullish analysts highlight Amalgamated Financial's strong return profile as a key support for the new US$41 price target, suggesting the business model is currently backing the valuation case.Aggiornamento della narrazione • Mar 18
AMAL: Credit Risk Resolution And Capital Returns Will Drive Future Upside
Analysts have nudged their fair value estimate for Amalgamated Financial higher to $42.00 from $40.50, citing a solid return profile and balanced views on credit after recent stress in rent regulated multifamily and consumer solar. Analyst Commentary Bullish Takeaways Bullish analysts see the higher fair value estimates and price targets, such as US$41, as aligned with what they describe as a solid return profile for Amalgamated Financial.
Aggiornamento della narrazione • Mar 04
AMAL: Buybacks And Dividend Raise Will Support Future Earnings Repricing
Analysts have raised their price target on Amalgamated Financial by $7, citing updated assumptions around revenue growth, profit margins, and future P/E that are reflected in the latest model revisions. Analyst Commentary Recent research updates show bullish analysts becoming more constructive on Amalgamated Financial’s risk and reward profile, with the latest $7 price target adjustment reflecting refreshed views on earnings power and valuation.Aggiornamento della narrazione • Feb 18
AMAL: Buybacks And Dividend Raise Will Support Earnings While Rate Sensitivity Remains
Narrative Update on Amalgamated Financial The analyst price target for Amalgamated Financial has been reset from $36.00 to $43.00. Analysts point to updated assumptions around revenue growth, profit margins, and future P/E expectations to support the higher valuation framework.Aggiornamento della narrazione • Feb 04
AMAL: Future P/E Reassessment And Capital Returns Will Shape Returns
Analysts have raised their price target on Amalgamated Financial to $40.50 from $33.00, reflecting updated views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions informed by recent research. Analyst Commentary Recent research behind the move to a US$40.50 price target focuses on how Amalgamated Financial is executing on its existing plan, the quality of its earnings profile, and what a reasonable P/E range might look like for the stock.Aggiornamento della narrazione • Jan 21
AMAL: Future Dividend And Earnings Guidance Will Shape Balanced Return Outlook
Analysts have revised their price target for Amalgamated Financial to $33 from $27, citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E expectations. What's in the News The Board of Directors authorized a $0.03 increase in the quarterly dividend to $0.17 per common share, payable on February 19, 2026, for stockholders of record on February 3, 2026 (Dividend Increases).Aggiornamento della narrazione • Jan 07
AMAL: Guidance And Buybacks Will Support Earnings While Rate Sensitivity Remains
Analysts have nudged their price target on Amalgamated Financial to $36.00, citing updated assumptions around slightly higher expected revenue growth, a marginally lower discount rate, and a modestly lower projected future P/E multiple and profit margin. What's in the News Amalgamated Financial raised its full year 2025 core pretax pre provision earnings guidance to a range of $164 million to $165 million, and tightened its 2025 net interest income guidance to $295 million to $296 million, based on the 2025 forward rate curve (company guidance).Aggiornamento della narrazione • Dec 14
AMAL: Guidance And Buybacks Will Support Earnings Despite Rate Cut Sensitivity
Analysts have trimmed their price target on Amalgamated Financial by approximately 8 percent to about $36, citing slightly slower expected revenue growth, modestly lower profit margins, and a marginally higher discount rate. Together, these factors temper the valuation outlook despite stable forward earnings multiples.Aggiornamento della narrazione • Aug 06
ESG Banking And Digital Modernization Will Boost Future Value
The decrease in Amalgamated Financial’s consensus price target reflects a combination of a lower future P/E ratio and a higher discount rate, indicating tempered growth expectations and increased risk, resulting in a revised fair value of $33.00. What's in the News Repurchased 401,000 shares (1.31%) for $12.02 million, completing announced buyback.Seeking Alpha • Jun 14
Amalgamated Financial: No Longer Attractively Priced Following The Tariff Announcements (Rating Downgrade)
Summary The overall economic slowdown, steel and aluminum tariffs, and mass deportations can hurt the C&I and multifamily markets in New York City. The net interest margin will likely continue to drop because of anticipated Fed funds rate cuts. I’m reducing my EPS estimate to $3.25 from my previous estimate of $3.50 for 2025. I’m downgrading to hold because AMAL is currently offering a dividend yield of just 1.9% and a small price downside. Read the full article on Seeking AlphaSeeking Alpha • Mar 25
Amalgamated Financial: Margin To Lift Earnings, Buy
Summary While Amalgamated Financial's commercial loan segments will suffer because of an uncertain business environment, solar loans will likely continue to surge. The management is planning to fund loan growth by liquidating securities. This will shift the asset mix towards higher-yielding assets, thereby lifting the net interest margin. Due to the withdrawal of political deposits, the funding mix has worsened, which should hurt the margin in 1Q-2025. The situation will improve as political deposits are rebuilt. I'm maintaining a buy rating as AMAL is offering an expected price upside of 9.1% and a dividend yield of 1.9%. Read the full article on Seeking AlphaSeeking Alpha • Dec 30
Amalgamated Financial: Still Bullish After Terrific Upside
Summary Amalgamated Financial, focusing on mission-based customer segments, has seen significant growth in deposits, loans, and net interest income, making it a strong investment. Shares have risen 37.1% since May, outperforming the S&P 500, driven by improved margins, higher revenue, and strong asset quality. Despite shares not being as cheap as before, the bank's high-quality assets and attractive pricing relative to peers justify a 'soft buy' rating. With continued balance sheet growth and a solid return on equity, further upside for Amalgamated Financial is likely, warranting ongoing investment attention. Read the full article on Seeking AlphaSeeking Alpha • Oct 04
Amalgamated Financial: A Positive Outlook Due To Political Deposits And Organic Loan Growth
Summary Earnings will benefit this year from on and off-balance sheet political deposits. The residential mortgage segment will likely drive loan growth next year. It will counter the negative effect of interest rate cuts on the margin. I’m increasing my earnings estimate following the better-than-expected first-half results. The December 2025 target price suggests a small upside from the current market price. Additionally, AMAL is offering a dividend yield of 1.6%. Read the full article on Seeking Alpha
Nuova narrazione • Sep 24
Mission-Driven Banking Strategy Boosts Deposits And Pioneers Climate Finance Growth
The mission-based banking model and focus on purpose-driven customers in specific sectors is enhancing deposit growth and net interest income.Seeking Alpha • May 23
Amalgamated Financial: Decent Enough
Summary Amalgamated Financial is a growing bank with a strong track record of rapid growth and high-quality assets. The bank offers a wide range of banking services, including loans, deposits, and investment management. While there are some risks, such as high uninsured deposit exposure, the bank's attractive valuation and solid performance make it a potential buy. Read the full article on Seeking AlphaArticolo di analisi • Apr 27
Amalgamated Financial's (NASDAQ:AMAL) Upcoming Dividend Will Be Larger Than Last Year's
The board of Amalgamated Financial Corp. ( NASDAQ:AMAL ) has announced that it will be increasing its dividend by 20...Seeking Alpha • Feb 21
Amalgamated Financial: Earnings Outlook Remains Positive Thanks To Loans And Margin
Summary Planned changes in the balance sheet will likely boost Amalgamated Financial's net interest margin this year. Local job markets give hope that loan growth can remain at a decent level. The December 2024 target price suggests a moderate upside. Further, AMAL is offering a low dividend yield. Read the full article on Seeking AlphaArticolo di analisi • Jan 04
Here's Why We Think Amalgamated Financial (NASDAQ:AMAL) Is Well Worth Watching
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Articolo di analisi • Oct 29
Amalgamated Financial (NASDAQ:AMAL) Is Due To Pay A Dividend Of $0.10
Amalgamated Financial Corp. ( NASDAQ:AMAL ) has announced that it will pay a dividend of $0.10 per share on the 24th of...Articolo di analisi • Jul 29
Amalgamated Financial (NASDAQ:AMAL) Is Due To Pay A Dividend Of $0.10
Amalgamated Financial Corp. ( NASDAQ:AMAL ) will pay a dividend of $0.10 on the 22nd of August. This means the annual...Articolo di analisi • Jul 19
If EPS Growth Is Important To You, Amalgamated Financial (NASDAQ:AMAL) Presents An Opportunity
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Seeking Alpha • Aug 26
Amalgamated Financial: Strong Earnings Growth Appears Priced In
Summary Investments in human resources, and certain economic factors will keep loan growth at a decent level. However, loan growth will decline from the unusually high second-quarter level. Neither the assets nor the liabilities are very rate-sensitive. The December 2022 target price suggests a small upside from the current market price. Further, AMAL is offering a low dividend yield. Earnings of Amalgamated Financial Corp. (AMAL) will continue to surge through the end of 2023. Strong loan growth will likely be the chief catalyst for earnings in the next year and a half. Further, moderate margin expansion will support the bottom line. On the other hand, higher provisioning for expected loan losses will constrain earnings growth. Overall, I'm expecting Amalgamated Financial to report earnings of $2.35 per share for 2022, up 40% year-over-year. For 2023, I'm expecting earnings to grow by a further 12% to $2.63 per share. The year-end target price is quite close to the current market price. Therefore, I'm adopting a hold rating on Amalgamated Financial Corp. Loan Growth to Decelerate from Second Quarter’s Unsustainable Level Amalgamated Financial's loan book grew by an outstanding 10% in the first half of 2022, or 20% annualized, which is quite unusual given the historical trend. Going forward, loan growth will likely remain at a decent level due to team expansion plans. Amalgamated Financial is planning to invest in talent, which should further propel loan growth. This hiring would be broad-based and ‘across critical roles’, as mentioned in the earnings presentation. Amalgamated Financial has a well-diversified loan portfolio with various types of loans, from residential real estate to commercial and industrial loans to consumer solar loans. Geographically as well, Amalgamated Financial is very diverse with its digital banking platform offering banking services across the country. Physically, however, Amalgamated Financial is present in only New York City, Washington D.C., and San Francisco. Given the profile of the company's portfolio, the U.S. coincident index is a good gauge of credit demand as it is broad-based and includes several economic indicators. As shown below, the index is in a good place in a historical context. Philly Fed US Coincident Index data by YCharts The Conference Board's Leading Economic Index is also an appropriate indicator of credit demand. This index, however, presents a less rosy picture of the economic outlook, which is bad news for credit demand. The Conference Board Given the mixed economic outlook, I'm expecting loan growth to decelerate to 8% annualized in the second half of 2022. For 2023, I'm expecting further deceleration to 4%. Margin to Expand Moderately due to Rising Interest Rates Amalgamated Financial's net interest margin expanded by 27 basis points during the second quarter of 2022 mostly due to loan growth. The rising rate environment also contributed to the increase in the margin, but to a limited extent. As can be gleaned from information given in the second quarter's 10-Q filing, only around 30% of the loan portfolio will re-price or mature within a year. Further, only around 32% of the securities portfolio carries variable rates, as mentioned in the presentation. Therefore, the average earning asset yield is not very responsive to rate hikes. Fortunately, the deposit cost is also quite sticky. Non-interest-bearing deposits made up a whopping 54% of total deposits at the end of June 2022. These deposits will restrain the average deposit cost as market interest rates rise. The results of the management's interest-rate sensitivity analysis given in the 10-Q filing show that a 200-basis points hike in interest rates could boost the net interest income by 6.9% over twelve months. Considering these factors, I'm expecting the margin to increase by ten basis points in the second half of 2022, before stabilizing in 2023. Higher-than-Average Provisioning Likely Allowances were 161.8% of nonaccrual loans at the end of June 2022. This coverage seems a bit tight, but I'm not too concerned because a majority of the loans are backed by real estate. Additionally, most of Amalgamated Financial’s loans are based on fixed rates. Therefore, higher interest rates will not hurt the debt servicing ability of a majority of the company’s borrowers. However, high inflation could lead to financial stress for borrowers; consequently, it could damage the portfolio’s credit quality. Further, like other banks, Amalgamated Financial may want to bolster its reserves due to the threats of a recession. Considering these factors, I'm expecting the provision expense to be slightly above average for the second half of 2022 and full-year 2023. I'm expecting the net provision expense to make up around 0.31% of total loans (annualized) in each quarter till the end of 2023. In comparison, the net provision expense averaged 0.27% of total loans in the last three years. Expecting Earnings to Surge by 40% Earnings of Amalgamated Financial will likely surge this year mostly on the back of strong loan growth. Further, the subdued margin expansion will support the bottom line. On the other hand, higher provisioning will restrict earnings growth. Overall, I'm expecting Amalgamated Financial to report earnings of $2.35 per share for 2022, up 40% year-over-year. For 2023, I'm expecting the company to report earnings of $2.63 per share, up 12% year-over-year. The following table shows my income statement estimates. FY19 FY20 FY21 FY22E FY23E Income Statement Net interest income 167 180 174 225 248 Provision for loan losses 4 25 (0) 11 12 Non-interest income 29 41 28 29 30 Non-interest expense 128 134 132 145 156 Net income - Common Sh. 47 46 53 73 82 EPS - Diluted ($) 1.47 1.48 1.68 2.35 2.63 Source: SEC Filings, Earnings Releases, Author's Estimates (In USD million unless otherwise specified) Actual earnings may differ materially from estimates because of the risks and uncertainties related to inflation, and consequently the timing and magnitude of interest rate hikes. Further, a stronger or longer-than-anticipated recession can increase the provisioning for expected loan losses beyond my estimates. Erosion in Equity Book Value Likely Due to a large balance of fixed-rate available-for-sale securities, Amalgamated Financial’s equity book value has plunged so far this year. As interest rates increased, the market value of the available-for-sale securities declined, leading to sizable unrealized losses. These losses skipped the income statement and flowed into the equity account through other comprehensive income, as per relevant accounting standards. Amalgamated Financial’s tangible book value dropped to $15.69 per share at the end of June 2022 from $17.56 per share at the end of December 2021. Going forward, the tangible book value will slip further as I'm anticipating a 150 basis points hike in interest rate in the second half of 2022 (including the 75 basis points raise in July). However, as mentioned in the presentation, Amalgamated Financial transferred $277.3 million of available-for-sale securities into the held-to-maturity portfolio during the second quarter to reduce potential mark-to-market volatility. This transference will reduce the impact on the equity book value. Further, retained earnings, as discussed above, will support the book value per share. The following table shows my balance sheet estimates.Analisi delle retribuzioni degli amministratori delegati
| Data | Compenso totale | Stipendio | Utili della società |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$105m |
| Dec 31 2025 | US$4m | US$1m | US$104m |
| Sep 30 2025 | n/a | n/a | US$102m |
| Jun 30 2025 | n/a | n/a | US$103m |
| Mar 31 2025 | n/a | n/a | US$104m |
| Dec 31 2024 | US$5m | US$1m | US$106m |
| Sep 30 2024 | n/a | n/a | US$105m |
| Jun 30 2024 | n/a | n/a | US$99m |
| Mar 31 2024 | n/a | n/a | US$94m |
| Dec 31 2023 | US$3m | US$960k | US$88m |
| Sep 30 2023 | n/a | n/a | US$90m |
| Jun 30 2023 | n/a | n/a | US$91m |
| Mar 31 2023 | n/a | n/a | US$89m |
| Dec 31 2022 | US$3m | US$837k | US$81m |
| Sep 30 2022 | n/a | n/a | US$73m |
| Jun 30 2022 | n/a | n/a | US$64m |
| Mar 31 2022 | n/a | n/a | US$55m |
| Dec 31 2021 | US$4m | US$443k | US$53m |
Compensazione vs Mercato: La retribuzione totale di Priscilla ($USD 4.43M ) è circa la media per le aziende di dimensioni simili nel mercato US ($USD 5.48M ).
Compensazione vs guadagni: La retribuzione di Priscilla è stata coerente con le performance aziendali dell'ultimo anno.
AMMINISTRATORE DELEGATO
Priscilla Brown (68 yo)
4.9yrs
Mandato
US$4,432,169
Compensazione
Ms. Priscilla Sims Brown has been President, Chief Executive Officer and Director of Amalgamated Bank and Amalgamated Financial Corp. since June 1, 2021. She joined the Amalgamated Financial Corp. on June...
Gruppo dirigente
| Nome | Posizione | Mandato | Compensazione | Proprietà |
|---|---|---|---|---|
| President | 4.9yrs | US$4.43m | 0.71% $ 8.6m | |
| Senior EVP & CFO | 5.1yrs | US$1.84m | 0.17% $ 2.0m | |
| Executive VP & Chief Information and Operations Officer | 4.1yrs | US$1.34m | 0.000060% $ 733.1 | |
| Executive VP & Chief Strategy and Administrative Officer | no data | US$1.36m | 0.045% $ 553.8k | |
| Senior EVP & Chief Banking Officer | 11.4yrs | US$1.62m | 0.11% $ 1.3m | |
| Senior VP & Chief Investment Officer | no data | Nessun dato | Nessun dato | |
| Executive VP & Chief Accounting Officer | 3.5yrs | Nessun dato | 0.037% $ 455.0k | |
| Senior VP & Chief Technology Officer | 2.6yrs | Nessun dato | 0.0028% $ 34.5k | |
| Executive VP & Chief Legal Officer | 4.1yrs | US$910.70k | 0.00081% $ 9.9k | |
| Executive VP & Chief Human Resources Officer | 4.5yrs | Nessun dato | 0.012% $ 143.7k | |
| Executive Vice President of Finance | no data | Nessun dato | Nessun dato | |
| Senior VP & Chief Sustainability Officer | no data | Nessun dato | Nessun dato |
4.3yrs
Durata media
45yo
Età media
Gestione esperta: Il team dirigenziale di AMAL è considerato esperto (durata media dell'incarico 4.3 anni).
Membri del Consiglio di amministrazione
| Nome | Posizione | Mandato | Compensazione | Proprietà |
|---|---|---|---|---|
| President | 4.9yrs | US$4.43m | 0.71% $ 8.6m | |
| Director | 30.8yrs | US$214.99k | 0.057% $ 694.9k | |
| Independent Director | 5.1yrs | US$170.99k | 0.034% $ 420.4k | |
| Independent Director | 7.8yrs | US$168.99k | 0.061% $ 749.4k | |
| Lead Independent Director | 8yrs | US$179.99k | 0.055% $ 675.8k | |
| Director | less than a year | US$96.94k | Nessun dato | |
| Independent Director | 4.8yrs | US$156.99k | 0.027% $ 333.0k | |
| Chairman of the Board | 26.3yrs | US$424.01k | 0.069% $ 845.4k | |
| Director | 16.1yrs | US$207.99k | 0.058% $ 707.1k | |
| Independent Director | 2.5yrs | US$149.99k | 0.0066% $ 81.1k | |
| Independent Director | 3.8yrs | US$163.99k | 0.012% $ 140.6k | |
| Independent Director | 2.5yrs | US$157.82k | 0.0066% $ 81.1k |
5.0yrs
Durata media
66yo
Età media
Consiglio di amministrazione esperto: I membri del consiglio di amministrazione di AMAL sono considerati esperti (durata media dell'incarico 5 anni).
Analisi aziendale e situazione dei dati finanziari
| Dati | Ultimo aggiornamento (ora UTC) |
|---|---|
| Analisi dell'azienda | 2026/05/21 14:11 |
| Prezzo dell'azione a fine giornata | 2026/05/21 00:00 |
| Utili | 2026/03/31 |
| Utili annuali | 2025/12/31 |
Fonti dei dati
I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.
| Pacchetto | Dati | Tempistica | Esempio Fonte USA * |
|---|---|---|---|
| Dati finanziari della società | 10 anni |
| |
| Stime di consenso degli analisti | +3 anni |
|
|
| Prezzi di mercato | 30 anni |
| |
| Proprietà | 10 anni |
| |
| Gestione | 10 anni |
| |
| Sviluppi principali | 10 anni |
|
* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.
Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.
Modello di analisi e Snowflake
I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; abbiamo anche guide su come utilizzare i nostri report e tutorial su Youtube.
Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.
Metriche di settore e industriali
Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.
Fonti analitiche
Amalgamated Financial Corp. è coperta da 7 analisti. 2 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.
| Analista | Istituzione |
|---|---|
| Jason Goldberg | Barclays |
| Jason Goldberg | Barclays |
| Steven Alexopoulos | J.P. Morgan |