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Recent Updates — AMAL

October 22, 2026View Source ↗

Amalgamated Financial Corp. reported record third-quarter 2026 financial results with net income of $36.4 million, or $1.20 per diluted share, compared to $34.8 million in the prior quarter. Core net income reached a record $34.6 million, or $1.14 per diluted share. Operating revenue grew 5.7% to $101.7 million, driven by a 2.2% increase in net interest income to $87.9 million and higher non-interest income. On-balance sheet deposits increased $256.0 million, or 3.0%, to $8.7 billion, while net loans receivable grew 1.0% to $5.1 billion. The company repurchased approximately 137,000 shares and paid a quarterly dividend of $0.17 per share. Amalgamated Financial Corp. is the holding company for Amalgamated Bank, which provides commercial banking and trust services.

October 20, 2026View Source ↗

The Board of Directors declared a regular quarterly cash dividend of $0.17 per share for Amalgamated Financial Corp. Common shareholders of record on November 3, 2026 will receive the payment on November 19, 2026. Future dividends remain subject to board discretion. The company operates as a bank holding company providing commercial banking and trust services.

July 23, 2026View Source ↗

Amalgamated Financial Corp. reported record second quarter 2026 net income of $34.8 million, or $1.15 per diluted share, and record core net income of $33.1 million, or $1.10 per diluted share. Net interest margin rose 3 basis points to 3.78%, while net interest income grew 7.4% to $86.1 million. On-balance sheet deposits increased $280.3 million to $8.5 billion, with political deposits reaching a record $2.1 billion. Net loans receivable grew $114.9 million to $5.1 billion. The company approved a new $40 million share repurchase program on June 9, 2026, and raised its full-year 2026 guidance. The company is a bank holding company that provides commercial banking and trust services through Amalgamated Bank.

July 21, 2026View Source ↗

Amalgamated Financial Corp. declared a quarterly dividend of $0.17 per share, which is payable on August 20, 2026, to shareholders of record on August 4, 2026. The company is a bank holding company providing commercial banking and trust services.