Amalgamated Financial Corp (AMAL)

Amalgamated Financial Corp. reported solid loan growth and a rise in net interest margin for Q4 2024, with record full-year earnings. The company reported first-quarter 2025 results, demonstrating operational resilience and strategic adaptability, beating consensus estimates for diluted EPS. The company announced solid deposit and loan growth for Q2 2025, with a strong margin. The company reported a solid balance sheet and an expanded net interest margin for Q3 2025 and repurchased shares of common stock. A regular quarterly dividend was declared. A new share repurchase program was approved. The stock price fell slightly but was up over the past two weeks, with an expectation to rise in the next three months. The 52-week high and low for AMAL stock were $37.26 and $25.03, respectively.

Amalgamated Financial Corp. experiences demand seasonality, particularly concerning its political deposits, which fluctuate with election cycles. Political deposits decreased following an "Election Cycle Conclusion" in Q4 2024 but increased in Q2 2025.

Amalgamated Financial Corp. operates in the financial services sector, specifically in commercial banking, offering personal banking, small business solutions, commercial banking, institutional investing, and deposit and loan products. The company also provides digital services such as online banking and bill payment. Founded in 1923, the bank has a historical focus on supporting workers' rights and accessible banking.

Amalgamated Financial Corp. is headquartered in New York, with banking operations across the United States. It has branches in New York City, Washington D.C., and San Francisco, a commercial office in Boston, and offers services in Colorado.

Amalgamated Financial Corp. has a strong brand reputation for its commitment to social responsibility and ethical banking practices. The company operates as a public benefit corporation and is a certified B Corporation. It is known as "America's socially responsible bank," supporting sustainable organizations, progressive causes, and social justice initiatives. The bank is net-zero, powered by 100% renewable energy, and supports workers' rights and affordable housing. Amalgamated Bank is a member of the Global Alliance for Banking on Values.

Amalgamated Financial Corp. has significant institutional ownership, with 75.93% of its stock held by institutions such as Blackrock, Inc., Dimensional Fund Advisors Lp., and Vanguard Group Inc. Workers United Related Parties own approximately 41% of the outstanding common stock, and investment funds affiliated with The Yucaipa Companies, LLC own approximately 12%.