Amalgamated Financial Corp (AMAL)

In the past six months, Amalgamated Financial Corp.'s stock has experienced several notable events. As of October 28, 2025, the stock price moved up by 18.28% over the last six months. On October 23, 2025, the company reported strong third-quarter 2025 earnings that surpassed analyst expectations, leading to a jump in its stock price. Key drivers for this positive performance included a significant increase in deposits, accelerated loan growth, an expanded net interest margin, and improved asset quality with declining nonperforming assets. The company also raised its full-year guidance, signaling confidence in its future performance. Prior to this, the stock experienced a drop due to broader concerns within the regional banking sector, exacerbated by disclosures from other lenders regarding deteriorating loan quality. Amalgamated Financial shares have decreased 20% since the beginning of the year and 22% in the last 12 months. The company also announced a quarterly dividend of $0.14 per share, payable on November 20, 2025.

Demand seasonality for Amalgamated Financial Corp.'s products and services is evident in its political deposits, which exhibit cyclical patterns that align with election cycles.

Amalgamated Financial Corp. (AMAL) is a values-oriented regional bank providing commercial banking, trust services, and investment management to socially responsible organizations and individuals. It offers a comprehensive suite of financial products and services, specializing in serving political and advocacy groups, nonprofit organizations, and labor unions. The bank was founded in 1923 by the Amalgamated Clothing Workers of America.

Amalgamated Bank provides commercial banking and trust services nationally. It has five branches across New York City, Washington D.C., and San Francisco, and a commercial office in Boston.

Amalgamated Financial Corp. maintains a strong brand reputation as a socially responsible and values-oriented bank. It is a member of the Global Alliance for Banking on Values and is a certified B Corporation. The bank was founded with the mission to support working immigrant families and has since pioneered financial products that promote accessibility and affordability in banking. Amalgamated Financial Corp. is committed to considering the impact of its decisions on various stakeholders and operates as a public benefit corporation. The bank has highlighted its commitment to mission-aligned banking, with a significant portion of its loan portfolio dedicated to environmentally and socially responsible sectors. Deposits in climate and sustainability segments grew by 21%, demonstrating its success in attracting like-minded customers. The company has also achieved 100% renewable-energy use in direct operations and net zero for operations for six consecutive years.

Amalgamated Bank is majority-owned by Workers United, an SEIU Affiliate. As of September 2025, promoter holding in Amal Ltd was 71.35%. Institutional investors hold a significant portion of Amalgamated Financial's stock, with 75.93% ownership.