Amalgamated Financial Corp. operates as a bank holding company for Amalgamated Bank that provides commercial banking and trust services for commercial and retail customers in the United States. More Details
Very undervalued with adequate balance sheet.
Share Price & News
How has Amalgamated Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AMAL is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: AMAL's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: AMAL underperformed the US Banks industry which returned 60.1% over the past year.
Return vs Market: AMAL underperformed the US Market which returned 37.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Amalgamated Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StAmalgamated Financial (NASDAQ:AMAL) Will Pay A Dividend Of US$0.08
2 months ago | Simply Wall StIf You Like EPS Growth Then Check Out Amalgamated Financial (NASDAQ:AMAL) Before It's Too Late
3 months ago | Simply Wall StAmalgamated Financial Corp.'s (NASDAQ:AMAL) 1.9% Dividend Yield Looks Pretty Interesting
Is Amalgamated Financial undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AMAL ($15.36) is trading below our estimate of fair value ($35.69)
Significantly Below Fair Value: AMAL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AMAL is good value based on its PE Ratio (9.8x) compared to the US Banks industry average (10.9x).
PE vs Market: AMAL is good value based on its PE Ratio (9.8x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: AMAL is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: AMAL is good value based on its PB Ratio (0.9x) compared to the US Banks industry average (1.1x).
How is Amalgamated Financial forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AMAL's forecast earnings growth (10.4% per year) is above the savings rate (2%).
Earnings vs Market: AMAL's earnings (10.4% per year) are forecast to grow slower than the US market (14.9% per year).
High Growth Earnings: AMAL's earnings are forecast to grow, but not significantly.
Revenue vs Market: AMAL's revenue (6.9% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: AMAL's revenue (6.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AMAL's Return on Equity is forecast to be low in 3 years time (9.6%).
How has Amalgamated Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AMAL has high quality earnings.
Growing Profit Margin: AMAL's current net profit margins (24.4%) are higher than last year (23.7%).
Past Earnings Growth Analysis
Earnings Trend: AMAL's earnings have grown significantly by 28.2% per year over the past 5 years.
Accelerating Growth: AMAL's earnings growth over the past year (8.3%) is below its 5-year average (28.2% per year).
Earnings vs Industry: AMAL earnings growth over the past year (8.3%) underperformed the Banks industry 32.5%.
Return on Equity
High ROE: AMAL's Return on Equity (8.9%) is considered low.
How is Amalgamated Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: AMAL's Assets to Equity ratio (12x) is moderate.
Allowance for Bad Loans: AMAL has a low allowance for bad loans (47%).
Low Risk Liabilities: 98% of AMAL's liabilities are made up of primarily low risk sources of funding.
Loan Level: AMAL has an appropriate level of Loans to Assets ratio (48%).
Low Risk Deposits: AMAL's Loans to Deposits ratio (53%) is appropriate.
Level of Bad Loans: AMAL has a high level of bad loans (2.4%).
What is Amalgamated Financial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AMAL's dividend (2.08%) is higher than the bottom 25% of dividend payers in the US market (1.3%).
High Dividend: AMAL's dividend (2.08%) is low compared to the top 25% of dividend payers in the US market (3.5%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, AMAL has been paying a dividend for less than 10 years.
Growing Dividend: AMAL's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (20.3%), AMAL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AMAL's dividends in 3 years are forecast to be well covered by earnings (21.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Priscilla Brown (64 yo)
Ms. Priscilla Sims Brown has been President, Chief Executive Officer and Director of Amalgamated Financial Corp. since June 1, 2021. She had been Group Executive of Marketing and Corporate Affairs of Commo...
Experienced Management: AMAL's management team is considered experienced (3.7 years average tenure).
Experienced Board: AMAL's board of directors are considered experienced (6.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AMAL insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Amalgamated Financial Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Amalgamated Financial Corp.
- Ticker: AMAL
- Exchange: NasdaqGM
- Founded: 1923
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$482.798m
- Shares outstanding: 31.19m
- Website: https://www.amalgamatedbank.com
Number of Employees
- Amalgamated Financial Corp.
- 275 Seventh Avenue
- New York
- New York
- United States
Amalgamated Financial Corp. operates as a bank holding company for Amalgamated Bank that provides commercial banking and trust services for commercial and retail customers in the United States. The company...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/31 02:01|
|End of Day Share Price||2021/07/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.