AMAL Stock Price, Amalgamated Bank Quote, Chart

Market Summary

USD24.58+0.69

Market Closed

2.89%

AMAL Stock Price

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AMAL RSI Chart

AMAL Valuation

Market Cap

749.9M

Price/Earnings (Trailing)

8.52

Price/Sales (Trailing)

2.09

EV/EBITDA

1.69

Price/Free Cashflow

6.48

AMAL Price/Sales (Trailing)

AMAL Profitability

EBT Margin

34.83%

Return on Equity

15.03%

Return on Assets

1.1%

Free Cashflow Yield

15.43%

AMAL Fundamentals

AMAL Revenue

Revenue (TTM)

358.1M

Rev. Growth (Yr)

22.2%

Rev. Growth (Qtr)

5.2%

AMAL Earnings

Earnings (TTM)

88.0M

Earnings Growth (Yr)

-8.33%

Earnings Growth (Qtr)

1.72%

Breaking Down AMAL Revenue

Last 7 days

9.4%

Last 30 days

2.7%

Last 90 days

-6.3%

Trailing 12 Months

49.2%

How does AMAL drawdown profile look like?

AMAL Financial Health

AMAL Investor Care

Dividend Yield

1.86%

Dividend/Share (TTM)

0.4

Buy Backs (1Y)

0.74%

Diluted EPS (TTM)

2.86

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	293.0M	320.2M	340.6M	358.1M
2022	187.6M	202.8M	228.8M	258.5M
2021	185.3M	181.6M	179.1M	180.5M
2020	188.8M	189.4M	190.0M	190.5M
2019	169.5M	175.0M	180.5M	186.0M
2018	0	0	0	164.0M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Amalgamated Bank

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	tenner mandy	acquired	-	-	3,236	evp, chief legal officer
Apr 01, 2024	brown sam d.	acquired	-	-	5,393	sevp, chief banking officer
Apr 01, 2024	darby jason	acquired	-	-	5,393	senior executive vp and cfo
Apr 01, 2024	lanning margaret matilda	acquired	-	-	3,236	evp, chief credit risk officer
Apr 01, 2024	romney edgar jr	acquired	-	-	3,236	chief strategy & admin officer
Apr 01, 2024	brown priscilla	acquired	-	-	32,355	president & ceo
Apr 01, 2024	graham tyrone	acquired	-	-	3,236	evp, chief hr officer
Apr 01, 2024	searby sean	acquired	-	-	3,236	evp, chief operations officer
Mar 01, 2024	brown priscilla	acquired	-	-	32,328	president & ceo
Mar 01, 2024	romney edgar jr	acquired	-	-	1,746	chief strategy & admin officer

Which funds bought or sold AMAL recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 25, 2024	Bank of New York Mellon Corp	reduced	-2.61	-564,274	3,698,120	-%
Apr 25, 2024	Lindbrook Capital, LLC	unchanged	-	-1,185	9,672	-%
Apr 25, 2024	nVerses Capital, LLC	new	-	16,800	16,800	0.04%
Apr 25, 2024	Zurcher Kantonalbank (Zurich Cantonalbank)	added	116	158,305	328,296	-%
Apr 25, 2024	SIMPLEX TRADING, LLC	reduced	-80.92	-36,000	7,000	-%
Apr 25, 2024	Allworth Financial LP	unchanged	-	-171	1,392	-%
Apr 24, 2024	DekaBank Deutsche Girozentrale	reduced	-98.1	-5,995,000	102,000	-%
Apr 24, 2024	Cambridge Investment Research Advisors, Inc.	new	-	216,000	216,000	-%
Apr 24, 2024	BROWN ADVISORY INC	added	1.6	-2,104,190	20,068,600	0.03%
Apr 24, 2024	Assenagon Asset Management S.A.	reduced	-12.93	-780,289	2,698,390	0.01%

Are Funds Buying or Selling AMAL?

Are funds buying AMAL calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AMAL

No. of Funds

Unveiling Amalgamated Bank's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 07, 2024	adage capital partners gp, l.l.c.	6.46%	1,963,108	SC 13G/A
Feb 06, 2024	workers united	25.9%	7,871,505	SC 13G/A
Jan 24, 2024	blackrock inc.	9.4%	2,887,691	SC 13G/A
Feb 09, 2023	adage capital partners gp, l.l.c.	5.28%	1,620,631	SC 13G/A
Feb 03, 2023	blackrock inc.	7.3%	2,241,470	SC 13G

Recent SEC filings of Amalgamated Bank

View All Filings

Date Filed	Form Type	Document
Apr 25, 2024	8-K	Current Report
Apr 24, 2024	8-K/A	Current Report
Apr 23, 2024	8-K	Current Report
Apr 11, 2024	ARS	ARS
Apr 11, 2024	DEF 14A	DEF 14A
Apr 11, 2024	DEFA14A	DEFA14A
Apr 08, 2024	8-K	Current Report
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4/A	Insider Trading
Apr 03, 2024	4	Insider Trading

Peers (Alternatives to Amalgamated Bank)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	557.3B	171.1B	-3.02%	41.18%	11.25	3.26	60.72%	31.52%
BAC	297.7B	130.3B	-	30.88%	11.23	2.29	79.51%	-3.68%
WFC	214.3B	85.7B	3.98%	51.03%	11.19	2.5	41.49%	39.96%
C	119.7B	133.3B	-0.18%	34.65%	12.97	0.9	79.09%	-
CFG	16.1B	10.2B	-1.93%	16.75%	10.02	1.58	44.53%	-22.43%
KEY	13.7B	7.9B	-6.07%	34.16%	14.19	1.73	46.47%	-49.56%
MID-CAP
CMA	6.9B	4.2B	-4.02%	25.94%	9.92	1.62	34.68%	-45.96%
ZION	6.2B	3.9B	-3.20%	57.15%	9.1	1.57	45.91%	-25.03%
ABCB	3.3B	1.3B	-0.60%	41.74%	12.27	2.58	43.24%	-22.35%
ASB	3.3B	2.0B	1.46%	20.10%	17.81	1.66	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	400.7M	164.9M	-6.54%	37.44%	34.26	2.43	42.66%	-70.76%
AROW	378.6M	162.6M	-8.08%	4.96%	12.59	2.33	25.39%	-38.37%
ACNB	280.5M	96.6M	-10.60%	4.96%	8.85	2.9	11.02%	-11.37%
ASRV	45.1M	60.9M	-2.95%	-12.04%	-13.48	0.74	24.06%	-144.92%

Amalgamated Bank News

Latest updates

Amalgamated Bank Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	5.2%	96.00	91.00	86.00	85.00	79.00	71.00	59.00	50.00	49.00	45.00	43.00	43.00	47.00	47.00	47.00	49.00	47.00	47.00	47.00	46.00	-
EBITDA Margin	-4.0%	1.09*	1.13*	1.22*	1.30*	1.36*	1.40*	1.40*	1.38*	1.38*	1.37*	1.35*	1.34*	1.30*	-	-	-	-	-	-	-	-
Interest Expenses	5.6%	67.00	64.00	63.00	67.00	67.00	68.00	56.00	48.00	47.00	43.00	42.00	42.00	46.00	45.00	44.00	45.00	42.00	42.00	42.00	41.00	-
Income Taxes	41.5%	13.00	9.00	8.00	8.00	7.00	8.00	7.00	5.00	5.00	5.00	4.00	4.00	5.00	4.00	3.00	3.00	4.00	5.00	4.00	4.00	-
Earnings Before Taxes	13.0%	35.00	31.00	29.00	29.00	32.00	31.00	26.00	19.00	21.00	19.00	14.00	16.00	18.00	17.00	14.00	13.00	16.00	18.00	15.00	15.00	-
EBT Margin	-2.0%	0.35*	0.36*	0.38*	0.40*	0.42*	0.43*	0.42*	0.39*	0.39*	0.38*	0.36*	0.35*	0.33*	-	-	-	-	-	-	-	-
Net Income	1.7%	23.00	22.00	22.00	21.00	25.00	23.00	20.00	14.00	16.00	14.00	10.00	12.00	14.00	12.00	10.00	10.00	12.00	13.00	11.00	11.00	-
Net Income Margin	-7.0%	0.25*	0.26*	0.28*	0.30*	0.32*	0.32*	0.32*	0.29*	0.29*	0.28*	0.27*	0.26*	0.24*	-	-	-	-	-	-	-	-
Free Cashflow	-61.8%	15.00	39.00	27.00	35.00	53.00	26.00	51.00	16.00	17.00	28.00	12.00	11.00	46.00	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet														(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2019Q4
Assets	0.8%	7,972	7,910	7,793	7,836	7,843	7,868	7,943	7,653	7,078	6,860	6,556	6,385	5,979	5,325
Cash Equivalents	-35.4%	91.00	140	66.00	131	64.00	66.00	333	374	330	690	547	505	39.00	123
Net PPE	-7.4%	8.00	8.00	9.00	9.00	10.00	11.00	11.00	12.00	12.00	12.00	13.00	13.00	13.00	18.00
Goodwill	0.3%	13.00	13.00	13.00	13.00	13.00	13.00	13.00	13.00	13.00	13.00	13.00	13.00	13.00	13.00
Liabilities	0.3%	7,387	7,363	7,264	7,317	7,334	7,380	7,445	7,127	6,514	6,303	6,008	5,845	5,443	4,835
Shareholder's Equity	7.2%	585	546	529	519	509	488	498	527	564	556	548	540	536	491
Retained Earnings	5.3%	388	368	349	331	330	309	289	272	260	247	235	227	217	181
Additional Paid-In Capital	0.2%	288	288	287	288	287	286	287	295	298	298	297	300	301	306
Shares Outstanding	-0.1%	30.00	30.00	31.00	31.00	31.00	31.00	31.00	31.00	31.00	31.00	31.00	31.00	-	-
Minority Interest	0%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Float	-	-	-	284	-	-	-	277	-	-	-	225	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																		(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2018Q4
Cashflow From Operations	-61.5%	15,317	39,794	27,260	34,853	53,071	26,158	51,035	17,058	17,138	28,684	12,574	12,142	46,395	1,629	203	17,544	-	-
Share Based Compensation	6.5%	1,262	1,185	1,203	1,037	728	608	456	890	419	623	166	588	210	782	781	613	-	-
Cashflow From Investing	-42.9%	-81,952	-57,348	-30,211	35,104	7,913	-226,833	-398,766	-584,805	-589,620	-197,907	-154,519	76,636	-65,892	5,279	-466,144	-228,380	-	-
Cashflow From Financing	-81.5%	16,986	92,058	-62,231	-2,600	-63,667	-65,640	306,226	611,305	212,721	312,024	184,467	377,376	-684,795	148,192	791,166	351,034	-	-
Dividend Payments	0.0%	3,056	3,055	3,140	3,082	3,185	3,069	2,467	2,490	2,511	2,488	2,495	2,484	2,506	2,484	2,480	2,517	-	-
Buy Backs	-59.0%	1,086	2,647	2,157	2,425	-	745	8,792	2,941	-	-	2,500	420	-	-	-	7,001	-	-

AMAL Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
INTEREST AND DIVIDEND INCOME
Loans	$ 191,295	$ 145,649	$ 123,318
Securities	161,003	110,654	56,557
Interest-bearing deposits in banks	5,779	2,186	651
Total interest and dividend income	358,077	258,489	180,526
INTEREST EXPENSE
Deposits	81,124	11,056	5,823
Borrowed funds	15,642	7,593	399
Total interest expense	96,766	18,649	6,222
NET INTEREST INCOME	261,311	239,840	174,304
Provision for credit losses	14,670	15,002	(287)
Net interest income after provision for credit losses	246,641	224,838	174,591
NON-INTEREST INCOME
Trust Department fees	15,175	14,449	13,352
Service charges on deposit accounts	10,999	10,999	9,355
Bank-owned life insurance income	2,882	3,868	2,388
Gain (loss) on sale of securities	(7,392)	(3,637)	649
Gain (loss) on sale of loans	32	(610)	1,887
Loss on other real estate owned	0	(168)	(407)
Equity method investments income (loss)	4,932	(2,773)	150
Other income	2,708	1,769	1,015
Total non-interest income	29,336	23,897	28,389
NON-INTEREST EXPENSE
Compensation and employee benefits	85,774	74,712	69,844
Occupancy and depreciation	13,605	13,723	14,023
Professional fees	9,637	10,417	12,961
Data processing	17,744	17,732	16,042
Office maintenance and depreciation	2,830	3,012	3,057
Amortization of intangible assets	888	1,046	1,207
Advertising and promotion	4,181	3,741	3,230
Federal deposit insurance premiums	4,018	3,228	2,531
Other expense	12,570	12,960	9,360
Total non-interest expense	151,247	140,571	132,255
Income before income taxes	124,730	108,164	70,725
Income tax expense	36,752	26,687	17,788
Net income	$ 87,978	$ 81,477	$ 52,937
Earnings per common share - basic (in dollars per share)	$ 2.88	$ 2.64	$ 1.70
Earnings per common share - diluted (in dollars per share)	$ 2.86	$ 2.61	$ 1.68

About Amalgamated Bank

Amalgamated Financial Corp. operates as the bank holding company for Amalgamated Bank that provides commercial and retail banking, investment management, and trust and custody services for commercial and retail customers in the United States. The company accepts various deposit products, including non-interest bearing accounts, interest-bearing demand products, savings accounts, money market accounts, NOW accounts, and certificates of deposit. It also provides various commercial loans comprising commercial and industrial, multifamily mortgage, and commercial real estate loans; and retail loans, such as residential real estate, and consumer and other loans. In addition, the company offers online banking, bill payment, online cash management, and safe deposit box rental services; debit and ATM cards; and trust, custody, and investment management services comprising asset safekeeping, corporate actions, income collections, proxy, account transition, asset transfers, and conversion management services. Further, it provides investment products, such as funds spanning equity, fixed-income, real estate, and alternative investment products; and brokerage, asset management, and insurance products. The company was founded in 1923 and is headquartered in New York, New York.

CEO	Ms. Priscilla Sims Brown
WEBSITE	amalgamatedbank.com
INDUSTRY	Banks Diversified
EMPLOYEES	409

Amalgamated Bank Frequently Asked Questions

What is the ticker symbol for Amalgamated Bank? What does AMAL stand for in stocks?

AMAL is the stock ticker symbol of Amalgamated Bank. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Amalgamated Bank (AMAL)?

As of Fri Apr 26 2024, market cap of Amalgamated Bank is 749.92 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AMAL stock?

You can check AMAL's fair value in chart for subscribers.

What is the fair value of AMAL stock?

You can check AMAL's fair value in chart for subscribers. The fair value of Amalgamated Bank is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Amalgamated Bank is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AMAL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Amalgamated Bank a good stock to buy?

The fair value guage provides a quick view whether AMAL is over valued or under valued. Whether Amalgamated Bank is cheap or expensive depends on the assumptions which impact Amalgamated Bank's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AMAL.

What is Amalgamated Bank's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 26 2024, AMAL's PE ratio (Price to Earnings) is 8.52 and Price to Sales (PS) ratio is 2.09. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AMAL PE ratio will change depending on the future growth rate expectations of investors.