Amalgamated Financial Corp (AMAL)

In the past six months, Amalgamated Financial Corp. reported its first-quarter 2026 financial results on April 23, 2026, with net income of $25.2 million and net revenue of $93.4 million, which exceeded forecasts, but was impacted by a $9.2 million provision for credit losses. Prior to this, the company announced its fourth-quarter and full-year 2025 financial results on January 22, 2026, reporting record quarterly deposit growth of nearly $1 billion. The company declared regular quarterly dividends and the stock has shown positive performance over the last six months, with a 50.85% increase, and a year-to-date increase of 30.43%.

Information regarding the specific demand seasonality for Amalgamated Financial Corp.'s banking products and services is not explicitly detailed in the available search results. There is a mention of "political deposits" increasing in the fourth quarter of 2025, suggesting some seasonality related to political cycles, but this does not provide a general seasonal profile for all of the company's offerings.

Amalgamated Financial Corp. (AMAL) is a Delaware public benefit corporation and a bank holding company operating through its subsidiary, Amalgamated Bank. The bank offers commercial and retail banking products, investment management, and trust and custody services, including deposit accounts and various loans. It also provides online banking and trust services.

Amalgamated Financial Corp. operates nationally across the United States with five branches in New York City, Washington, D.C., and San Francisco, and a commercial office in Boston.

Amalgamated Financial Corp. maintains a strong brand reputation due to its mission-driven approach and commitment to social responsibility. It is recognized as a Delaware public benefit corporation, a member of the Global Alliance for Banking on Values, and a certified B Corporation. However, some negative customer feedback has surfaced, including issues with mortgage payment options and unresponsiveness when attempting to open a business checking account.

Amalgamated Financial Corp. has a significant institutional ownership base, with major shareholders including BlackRock, Inc., and Vanguard Group Inc. Workers United, an SEIU Affiliate, is a major owner. Individual insiders hold approximately 1.6% of the company's shares. Recent insider trading activity has shown sales by major shareholders, including Workers United and the Western States Regional Joint Board.