Amalgamated Financial/AMAL

$21.55

0.27%
-
1D1W1MYTD1YMAX

About Amalgamated Financial

Amalgamated Bank (the Bank) is a full-service commercial bank and a chartered trust company. The Bank offers a suite of commercial and retail banking, investment management, and trust and custody services. The Bank’s commercial banking and trust businesses are national in scope and the Bank also offers a full range of products and services to both commercial and retail customers through its three branch offices across New York City, one branch office in Washington, D.C., one branch office in San Francisco, one commercial office in Boston and its digital banking platform. The Bank’s corporate divisions include commercial banking, trust and investment management and consumer banking. The Bank’s product line includes residential mortgage loans, commercial and industrial (C&I) loans, commercial real estate (CRE) loans, multifamily mortgages, consumer loans and a variety of commercial and consumer deposit products, including savings accounts, money market accounts and others.

Ticker

AMAL

Sector

Financials

Trading on

NASDAQ

Industry

Money Center Banks

CEO

Priscilla Brown

Employees

409

Headquarters

New york, United States

AMAL Metrics

BasicAdvanced
$666.85M
Market cap
7.60
P/E ratio
$2.87
EPS
0.95
Beta
$0.40
Dividend rate
1.84%
Dividend yield
$666.85M
0.94574
$27.77
$14.05
152.97K
$0.40
12.054
51.355
7.08%
1.11%
16.08%
7.598
2.294
1.132
1.17
1.66%
1.84%
1.84%
38.53%
9.64%
23.41%
24.55%
7.72%

What the Analysts think about AMAL

Analyst Ratings

Majority rating from 3 analysts.
Buy

Price Targets

Average projection from 2 analysts.
34.57% upside
High $30.00
Low $28.00
$21.55
Current price
$29.00
Average price target

AMAL Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
21.46% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$105.3M
7.56%
Net income
$22.6M
1.35%
Profit margin
21.46%
-5.75%

AMAL Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 0.51%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.74
$0.72
$0.76
$0.72
-
Expected
$0.71
$0.74
$0.70
$0.72
$0.74
Surprise
4.27%
-2.39%
8.73%
0.51%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Amalgamated Financial stock?

Amalgamated Financial (AMAL) has a market cap of $666.85M as of April 19, 2024.

What is the P/E ratio for Amalgamated Financial stock?

The price to earnings (P/E) ratio for Amalgamated Financial (AMAL) stock is 7.6 as of April 19, 2024.

Does Amalgamated Financial stock pay dividends?

Yes, the Amalgamated Financial (AMAL) stock pays dividends to shareholders. As of April 19, 2024, the dividend rate is $0.4 and the yield is 1.84%. Amalgamated Financial has a payout ratio of 7.08% on a trailing twelve-month basis.

When is the next Amalgamated Financial dividend payment date?

The next Amalgamated Financial (AMAL) dividend payment date is unconfirmed.

What is the beta indicator for Amalgamated Financial?

Amalgamated Financial (AMAL) has a beta rating of 0.95. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Amalgamated Financial stock price target?

The target price for Amalgamated Financial (AMAL) stock is $29, which is 34.57% above the current price of $21.55. This is an average based on projections from 2 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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