Amalgamated Financial (AMAL)

• Market cap: $1.11B
• 1 day: 2.27%
• 5 days: 12.36%
• 1 month: 2.82%
• 3 months: 3.77%
• 6 months: 14.46%
• Year to date: 8.83%
• 1 year: 44.17%
• 5 years: 90.50%
• 10 years: 118.79%
• 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

109% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 11

33% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 49

22% more capital invested

Capital invested by funds: $462M [Q2] → $565M (+$103M) [Q3]

7% more funds holding

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

3.44% more ownership

Funds ownership: 55.29% [Q2] → 58.73% (+3.44%) [Q3]

Research analyst outlook

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

• Low target: $42 16% upside
• Avg. target: $44 20% upside
• High target: $45 25% upside

2 analyst ratings

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

Keefe, Bruyette & Woods Christopher O'Connell 63% 1-year accuracy 15 / 24 met price target	25% upside $45	Outperform Maintained	4 Dec 2024
Piper Sandler Mark Fitzgibbon 56% 1-year accuracy 9 / 16 met price target	16% upside $42	Overweight Maintained	4 Dec 2024