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Amalgamated Financial reports Q4 core EPS 72c, consensus 72c
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Amalgamated Financial reports Q4 core EPS 72c, consensus 72c

Reports Q4 core revenue $75.81M, consensus $71.39M. Q4 provision for credit losses totaled an expense of $3.8M vs. an expense of $2.0M in 3Q23.Tangible book value per share was $18.74 as of December 31, 2023 compared to $17.43 as of September 30, 2023. CEO Priscilla Sims Brown commented, “We are operating in an enviable position of managing deposit liquidity instead of searching for it. In today’s highly constrained liquidity environment, we are punching well above our weight, giving us many options to deliver above peer returns.”

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