Amalgamated FinancialAMAL
AMAL
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 various 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: 429
0
Funds holding %
of 7,398 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
229% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 14
118% more call options, than puts
Call options by funds: $124K | Put options by funds: $57K
33% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 51
18% more funds holding
Funds holding: 165 [Q3] → 195 (+30) [Q4]
8% more capital invested
Capital invested by funds: $565M [Q3] → $612M (+$46.9M) [Q4]
0.89% more ownership
Funds ownership: 58.73% [Q3] → 59.62% (+0.89%) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$38
33%
upside
Avg. target
$38
33%
upside
High target
$38
33%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Piper Sandler Mark Fitzgibbon 56% 1-year accuracy 9 / 16 met price target | 33%upside $38 | Neutral Downgraded | 21 Feb 2025 |
Financial journalist opinion
Based on 4 articles about AMAL published over the past 30 days
Negative
Seeking Alpha
1 week ago
Amalgamated Financial: Margin To Lift Earnings, Buy
While Amalgamated Financial's commercial loan segments will suffer because of an uncertain business environment, solar loans will likely continue to surge. The management is planning to fund loan growth by liquidating securities. This will shift the asset mix towards higher-yielding assets, thereby lifting the net interest margin. Due to the withdrawal of political deposits, the funding mix has worsened, which should hurt the margin in 1Q-2025. The situation will improve as political deposits are rebuilt.
Positive
Zacks Investment Research
2 weeks ago
Best Value Stocks to Buy for March 17th
ENS, AMAL and THFF made it to the Zacks Rank #1 (Strong Buy) value stocks list on March 17, 2025.
Neutral
Business Wire
3 weeks ago
GS Power Partners Secures $22M in Financing with Amalgamated Bank
STAMFORD, Conn. & NEW YORK--(BUSINESS WIRE)--GS Power Partners (GSPP), a leading Independent Power Producer in the distributed generation (DG) solar sector, today announced it has secured a $22 million term financing commitment from Amalgamated Bank (Nasdaq: AMAL). The financing package encompasses five GSPP community solar projects in New York, totaling 25.5 megawatts (MWdc). “We are pleased to announce this financial close, alongside our partnership with Amalgamated Bank,” said Jason Kuflik,.
Neutral
GlobeNewsWire
3 weeks ago
Amalgamated Financial Corp. Announces New $40 Million Share Repurchase Program
NEW YORK, March 10, 2025 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated”, the “Company”, or the “Bank”) (Nasdaq: AMAL) today announced that its Board of Directors has approved a new authorization for the repurchase of up to $40 million of the Company's Class A common stock. The new authorization replaces the previous share repurchase authorization, which had approximately $18.7 million remaining as of December 31, 2024.
Positive
Zacks Investment Research
1 month ago
Is Amalgamated Financial (AMAL) Stock Outpacing Its Finance Peers This Year?
Here is how Amalgamated Financial (AMAL) and FS KKR Capital (FSK) have performed compared to their sector so far this year.
Positive
CNBC
1 month ago
Bank stocks pop after Fed releases 'easier' 2025 stress test, plans to make exam more predictable
Bank shares rose Thursday after the Federal Reserve released parameters for its annual industry stress test showing smaller hypothetical shocks to the U.S. economy than in previous years. While still challenging, with U.S. joblessness jumping to 10% and a 33% drop in home prices, the 2025 exam has smaller spikes in unemployment and smaller declines in stock and real estate values than previous versions, Jason Goldberg of Barclays said Thursday.
Neutral
Seeking Alpha
2 months ago
Amalgamated Financial Corp. (AMAL) Q4 2024 Earnings Call Transcript
Amalgamated Financial Corp. (NASDAQ:AMAL ) Q4 2024 Earnings Conference Call January 23, 2025 11:00 AM ET Company Participants Jason Darby - Chief Financial Officer Priscilla Sims Brown - President & Chief Executive Officer Sam Brown - Chief Banking Officer Conference Call Participants Mark Fitzgibbon - Piper Sandler Chris O'Connell - KBW Operator Good morning, ladies and gentlemen, and welcome to the Amalgamated Financial Corporation Fourth Quarter and Full Year 2024 Earnings Conference Call. During today's presentation, all parties will be in a listen-only mode.
Positive
Zacks Investment Research
2 months ago
Amalgamated Financial (AMAL) Q4 Earnings Beat Estimates
Amalgamated Financial (AMAL) came out with quarterly earnings of $0.90 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.72 per share a year ago.
Neutral
GlobeNewsWire
2 months ago
Amalgamated Financial Corp. Reports Fourth Quarter 2024 Financial Results: Solid Loan Growth; Net Interest Margin Rises to 3.59%
Common Equity Tier 1 Capital Ratio of 13.90% | Tangible Common Equity Ratio of 8.41% Common Equity Tier 1 Capital Ratio of 13.90% | Tangible Common Equity Ratio of 8.41%
Neutral
GlobeNewsWire
2 months ago
Amalgamated Financial Corp. Announces a 17% Quarterly Dividend Increase
NEW YORK, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its Board of Directors has authorized a $0.02 increase, or 17%, in the Company's quarterly dividend to $0.14 per common share, payable by the Company on February 27, 2025, to stockholders of record on February 11, 2025. The amount and timing of any future dividend payments to stockholders will be subject to the discretion of the Board of Directors.
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