Amalgamated Financial Corp. (AMAL)


Stock Price Forecast

May 7, 2024


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About the Company

Amalgamated Bank is an American financial institution. It is the largest union-owned bank and one of the only unionized banks in the United States. Amalgamated Bank is currently majority-owned by Workers United, an SEIU Affiliate. It was founded on April 14, 1923, by the Amalgamated Clothing Workers of America. As of 30 July 2023, Amalgamated Bank had $7.8 billion in assets. Through its Institutional Asset Management and Custody Division, Amalgamated Bank is one of the leading providers of investment and trust services to Taft–Hartley plans in the United States. The bank oversees over $45 billion in investment advisory and custodial services. In August 2018, Amalgamated Bank filed an initial public offering and became publicly traded on the NASDAQ, under the ticker symbol "AMAL". The bank offers personal banking, small business banking solutions, commercial banking, and institutional investing services across New York, California, Massachusetts, Washington, D.C., and Colorado.

Sector

Finance

Industry

State Commercial Banks

Employees

572

Exchange

Nasdaq

$208M

Total Revenue

572

Employees

$766M

Market Capitalization

8.78

Price/Earning ratio

Fundamental Data and Insider Transactions (Quarterly data) Full Screen

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Latest $AMAL News

Amalgamated Financial's (NASDAQ:AMAL) Shareholders Will Receive A Bigger Dividend Than Last Year

11d ago, source:

The board of Amalgamated Financial Corp. ( NASDAQ:AMAL ) has announced that it will be increasing its dividend by ...

Insider Sale at Amalgamated Financial Corp (AMAL)

20h ago, source: Yahoo Finance

On May 6, 2024, Sam Brown, SEVP, Chief Banking Officer of Amalgamated Financial Corp (NASDAQ:AMAL), sold 8,994 shares of the ...

Amalgamated Financial Corp. Announces Completion of Three Oregon Community Solar Program Projects

8d ago, source: Business Insider

NEW YORK, April 29, 2024 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced the mechanical completion of three community solar projects in ...

Amalgamated Financial Corp. Announces First Quarter 2024 Earnings Conference Call

26d ago, source: Business Insider

NEW YORK, April 11, 2024 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its first quarter 2024 financial results will ...

Amalgamated Financial Corp. Reports First Quarter 2024 Financial Results; Stellar Deposit Growth; Net Interest Margin Rises to 3.49%

13d ago, source: Stockhouse

NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (the “Company” or “Amalgamated”) (Nasdaq ...

Amalgamated Financial: Q1 Earnings Snapshot

13d ago, source: The Washington Post

NEW YORK — NEW YORK — Amalgamated Financial Corp. (AMAL) on Thursday reported first-quarter earnings of $27.2 million. The New York-based company said it had profit of 89 cents per share.

Amalgamated Financial Corp. Exceeds Analyst EPS Estimates in Q1 2024

13d ago, source: Yahoo Finance

Warning! GuruFocus has detected 4 Warning Signs with AMAL. Amalgamated Financial Corp. (NASDAQ:AMAL) announced its financial ...

Amalgamated Financial Corp. (NASDAQ:AMAL) Q1 2024 Earnings Call Transcript

8d ago, source: InvestingChannel on MSN

Q1 2024 Earnings Call April 25, 2024 Amalgamated Financial Corp. beats earnings expectations. Reported EPS is $0.83, ...

AMAL Amalgamated Financial Corp.

11d ago, source: Seeking Alpha

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 ...

Amalgamated Financial Corp.

7d ago, source: Wall Street Journal

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

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