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Amalgamated Financial NasdaqGM:AMAL Stock Report

Last Price

US$24.00

Market Cap

US$730.1m

7D

0.3%

1Y

35.9%

Updated

28 Mar, 2024

Data

Company Financials +

Amalgamated Financial Corp.

NasdaqGM:AMAL Stock Report

Market Cap: US$730.1m

AMAL Stock Overview

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 for commercial and retail customers in the United States.

AMAL fundamental analysis
Snowflake Score
Valuation6/6
Future Growth1/6
Past Performance3/6
Financial Health6/6
Dividends3/6

Amalgamated Financial Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Amalgamated Financial
Historical stock prices
Current Share PriceUS$24.00
52 Week HighUS$27.77
52 Week LowUS$14.05
Beta0.93
1 Month Change1.82%
3 Month Change-10.91%
1 Year Change35.90%
3 Year Change40.85%
5 Year Change53.45%
Change since IPO81.13%

Recent News & Updates

Amalgamated Financial: Earnings Outlook Remains Positive Thanks To Loans And Margin

Feb 21

Recent updates

Amalgamated Financial: Earnings Outlook Remains Positive Thanks To Loans And Margin

Feb 21

Here's Why We Think Amalgamated Financial (NASDAQ:AMAL) Is Well Worth Watching

Jan 04
Here's Why We Think Amalgamated Financial (NASDAQ:AMAL) Is Well Worth Watching

Amalgamated Financial (NASDAQ:AMAL) Is Due To Pay A Dividend Of $0.10

Oct 29
Amalgamated Financial (NASDAQ:AMAL) Is Due To Pay A Dividend Of $0.10

Amalgamated Financial (NASDAQ:AMAL) Is Due To Pay A Dividend Of $0.10

Jul 29
Amalgamated Financial (NASDAQ:AMAL) Is Due To Pay A Dividend Of $0.10

If EPS Growth Is Important To You, Amalgamated Financial (NASDAQ:AMAL) Presents An Opportunity

Jul 19
If EPS Growth Is Important To You, Amalgamated Financial (NASDAQ:AMAL) Presents An Opportunity

Amalgamated Financial: Strong Earnings Growth Appears Priced In

Aug 26

Amalgamated Financial's (NASDAQ:AMAL) Upcoming Dividend Will Be Larger Than Last Year's

Jul 31
Amalgamated Financial's (NASDAQ:AMAL) Upcoming Dividend Will Be Larger Than Last Year's

Amalgamated Bank GAAP EPS of $0.63 beats by $0.08, revenue of $63.74M beats by $3.95M

Jul 28

Analysts Just Made A Captivating Upgrade To Their Amalgamated Financial Corp. (NASDAQ:AMAL) Forecasts

May 03
Analysts Just Made A Captivating Upgrade To Their Amalgamated Financial Corp. (NASDAQ:AMAL) Forecasts

Amalgamated Financial (NASDAQ:AMAL) Will Pay A Dividend Of US$0.08

May 01
Amalgamated Financial (NASDAQ:AMAL) Will Pay A Dividend Of US$0.08

Amalgamated Financial's (NASDAQ:AMAL) Dividend Will Be US$0.08

Jan 30
Amalgamated Financial's (NASDAQ:AMAL) Dividend Will Be US$0.08

Amalgamated Financial (NASDAQ:AMAL) Will Pay A Dividend Of US$0.08

Nov 13
Amalgamated Financial (NASDAQ:AMAL) Will Pay A Dividend Of US$0.08

Amalgamated Financial (NASDAQ:AMAL) Is Due To Pay A Dividend Of US$0.08

Aug 10
Amalgamated Financial (NASDAQ:AMAL) Is Due To Pay A Dividend Of US$0.08

If You Like EPS Growth Then Check Out Amalgamated Financial (NASDAQ:AMAL) Before It's Too Late

May 04
If You Like EPS Growth Then Check Out Amalgamated Financial (NASDAQ:AMAL) Before It's Too Late

Amalgamated Financial Corp.'s (NASDAQ:AMAL) 1.9% Dividend Yield Looks Pretty Interesting

Apr 08
Amalgamated Financial Corp.'s (NASDAQ:AMAL) 1.9% Dividend Yield Looks Pretty Interesting

Special Advisor to the Board Keith Mestrich Just Sold A Bunch Of Shares In Amalgamated Bank (NASDAQ:AMAL)

Mar 04
Special Advisor to the Board Keith Mestrich Just Sold A Bunch Of Shares In Amalgamated Bank (NASDAQ:AMAL)

Shareholder Returns

AMALUS BanksUS Market
7D0.3%1.1%0.2%
1Y35.9%36.1%28.1%

Return vs Industry: AMAL exceeded the US Banks industry which returned 33.8% over the past year.

Return vs Market: AMAL exceeded the US Market which returned 28.8% over the past year.

Price Volatility

Is AMAL's price volatile compared to industry and market?
AMAL volatility
AMAL Average Weekly Movement4.4%
Banks Industry Average Movement4.4%
Market Average Movement6.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: AMAL has not had significant price volatility in the past 3 months.

Volatility Over Time: AMAL's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1923425Priscilla Brownhttps://www.amalgamatedbank.com

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 for commercial and retail customers in the United States. The company accepts various deposit products, including non-interest bearing accounts, interest-bearing demand products, savings accounts, money market accounts, NOW accounts, and certificates of deposit. It also provides various commercial loans comprising commercial and industrial, multifamily mortgage, and commercial real estate loans; residential mortgage loans; and retail loans, such as residential real estate, consumer solar, and consumer and other loans.

Amalgamated Financial Corp. Fundamentals Summary

How do Amalgamated Financial's earnings and revenue compare to its market cap?
AMAL fundamental statistics
Market capUS$730.09m
Earnings (TTM)US$87.98m
Revenue (TTM)US$274.58m

8.3x

P/E Ratio

1.3x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AMAL income statement (TTM)
RevenueUS$274.58m
Cost of RevenueUS$0
Gross ProfitUS$274.58m
Other ExpensesUS$186.60m
EarningsUS$87.98m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.88
Gross Margin100.00%
Net Profit Margin32.04%
Debt/Equity Ratio52.1%

How did AMAL perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

14%

Payout Ratio
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