Amalgamated Financial (AMAL)

• Market cap: $1.03B
• 1 day: 1.23%
• 5 days: -3.75%
• 1 month: -5.37%
• 3 months: 5.92%
• 6 months: 34.29%
• Year to date: 26.70%
• 1 year: 25.62%
• 5 years: 68.71%
• 10 years: 103.88%
• Sector: Financials
• Industry: State Commercial Banks

About: Amalgamated Financial Corp is a bank holding company. It is a full-service commercial bank and a chartered trust company. It provides commercial banking and trust services nationally and offers a range of products and services to commercial and retail customers. It offers a complete suite of commercial and retail banking, investment management, and trust and custody services.

Employees: 425

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

195% more call options, than puts

Call options by funds: $56K | Put options by funds: $19K

92% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 12

33% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 49

22% more capital invested

Capital invested by funds: $449M [Q2] → $547M (+$98.1M) [Q3]

7% more funds holding

Funds holding: 154 [Q2] → 165 (+11) [Q3]

3.16% more ownership

Funds ownership: 53.72% [Q2] → 56.88% (+3.16%) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $42 25% upside
• Avg. target: $44 29% upside
• High target: $45 34% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

Keefe, Bruyette & Woods Christopher O'Connell 70% 1-year accuracy 16 / 23 met price target	34% upside $45	Outperform Maintained	4 Dec 2024
Piper Sandler Mark Fitzgibbon 73% 1-year accuracy 11 / 15 met price target	25% upside $42	Overweight Maintained	4 Dec 2024