Amalgamated Bank (AMAL) AI Stock Analysis

• Market Cap: $820.77M
• Dividend Yield: 2.02%
• Average Volume (3M): 166.62K
• Price to Earnings (P/E): 8.2
• Beta (1Y): 1.07
• Revenue Growth: 4.33%
• EPS Growth: -2.20%
• Country: US
• Employees: 429
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.91
• Shares Outstanding: 30,109,077
• 10 Day Avg. Volume: 180,915
• 30 Day Avg. Volume: 166,617
• PEG Ratio: 0.46
• Price to Book (P/B): 1.45
• Price to Sales (P/S): 2.35
• P/FCF Ratio: 8.37
• Enterprise Value/Market Cap: 1.11
• Enterprise Value/Revenue: 2.06
• Enterprise Value/Gross Profit: 2.94
• Enterprise Value/Ebitda: 6.25
• 1Y Price Target: $31.50
• Price Target Upside: 15.55% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 78 Outperform
• Price Target: $32.00 ▲(17.39% Upside)

Amalgamated Bank's strong financial performance and positive earnings call are the most significant factors contributing to its score. The low P/E ratio suggests undervaluation, while technical indicators show potential bearish momentum. Continued focus on improving cash flow efficiency and managing expenses will be crucial for future performance.

Amalgamated Bank Business Overview & Revenue Model

Company Description

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 equity, fixed-income, real estate, and alternative investment products; and brokerage, asset management, and insurance products. The company operates 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 digital banking platform. Amalgamated Financial Corp. was founded in 1923 and is headquartered in New York, New York.

How the Company Makes Money

Amalgamated Bank generates revenue through several key streams. The primary source of income comes from interest earned on loans provided to customers, including personal, commercial, and mortgage loans. Additionally, the bank earns fees from various services such as account maintenance, transaction processing, and wealth management. The bank also benefits from investments in securities and other financial products. Partnerships with community organizations and participation in initiatives that promote social responsibility may further enhance its reputation and customer base, indirectly contributing to revenue growth. Overall, the combination of interest income, service fees, and investment income solidifies Amalgamated Bank's financial performance.

Amalgamated Bank Financial Statement Overview

Summary

Amalgamated Bank exhibits strong financial health with consistent revenue growth, impressive profitability metrics, and effective cash management. Conservative debt levels and a solid return on equity further reinforce the bank's stable financial position.

Income Statement

Amalgamated Bank demonstrates strong financial performance with consistent revenue growth and improving profitability metrics. The TTM (Trailing-Twelve-Months) Gross Profit Margin is robust at 70.6%, and the Net Profit Margin stands at an impressive 23.7%. Revenue growth is solid, with TTM revenue increasing by 1% from the previous annual period. EBIT and EBITDA margins are also healthy at 32.2% and 33.1%, respectively, indicating efficient operations. The income statement reflects a stable and profitable growth trajectory.

Balance Sheet

The balance sheet is sound, with a manageable Debt-to-Equity Ratio of 0.12, reflecting conservative leverage levels and financial stability. Return on Equity (ROE) is strong at 14.2%, showcasing effective utilization of equity. The Equity Ratio of 8.9% indicates a reliance on liabilities, but it remains within industry norms. Overall, the balance sheet portrays a stable financial position with controlled risk exposure.

Cash Flow

Cash flow performance is solid, characterized by a strong Free Cash Flow growth of 1.1% over the previous annual period. The Operating Cash Flow to Net Income Ratio stands at 1.22, suggesting effective cash conversion. Additionally, the Free Cash Flow to Net Income Ratio of 1.19 underscores Amalgamated Bank's ability to generate cash relative to net income. The cash flow statement reflects strong liquidity and effective cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	442.16M	435.34M	382.48M	285.16M	208.76M	223.69M
Gross Profit	309.63M	306.19M	271.05M	251.51M	202.54M	188.42M
EBITDA	145.79M	151.02M	131.13M	118.51M	75.57M	69.51M
Net Income	103.45M	106.43M	87.98M	81.48M	52.94M	46.19M
Balance Sheet
Total Assets	8.62B	8.26B	7.97B	7.84B	7.08B	5.98B
Cash, Cash Equivalents and Short-Term Investments	772.39M	1.69B	1.57B	1.88B	2.44B	1.58B
Total Debt	90.85M	334.14M	335.57M	698.49M	131.99M	53.17M
Total Liabilities	7.87B	7.55B	7.39B	7.33B	6.51B	5.44B
Stockholders Equity	753.98M	707.65M	585.23M	508.82M	563.74M	535.69M
Cash Flow
Free Cash Flow	121.56M	122.29M	115.75M	145.65M	68.14M	64.16M
Operating Cash Flow	123.92M	124.06M	117.22M	147.32M	70.54M	65.77M
Investing Cash Flow	-261.71M	-315.95M	-134.41M	-1.20B	-865.41M	-755.14M
Financing Cash Flow	250.86M	162.06M	44.21M	788.22M	1.09B	605.60M

Amalgamated Bank Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 27.26
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AMAL, the sentiment is Negative. The current price of 27.26 is above the 20-day moving average (MA) of 27.08, below the 50-day MA of 27.82, and below the 200-day MA of 29.84, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 49.09 is Neutral, neither overbought nor oversold. The STOCH value of 53.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AMAL.

Amalgamated Bank Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AMAL	―	$820.77M	8.20	13.88%	2.02%	4.33%	-2.20%
HFWA	―	$753.50M	13.42	6.43%	4.11%	8.27%	54.96%
Sector *	―	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CPF	―	$764.85M	11.73	11.65%	3.78%	1.22%	15.97%
HBNC	―	$799.28M	―	-26.60%	4.10%	-78.71%	-913.67%
CFFN	―	$802.12M	11.62	6.54%	5.33%	6.27%	79.32%
AMTB	―	$700.14M	10.60	7.67%	2.03%	15.37%	―

Amalgamated Bank Corporate Events

Amalgamated Financial Corp. Reports Strong Q3 2025 Results

Amalgamated Financial Corp., a Delaware public benefit corporation and bank holding company, operates through its subsidiary Amalgamated Bank, providing commercial banking and financial services with a focus on sustainable and socially responsible banking practices. The bank has a strong presence in New York City, Washington D.C., and San Francisco, and is a certified B Corporation®.

Amalgamated Bank’s Earnings Call Highlights Growth and Challenges

The recent earnings call of Amalgamated Bank painted a largely positive picture, highlighting strong growth in core earnings, loans, and deposits. The bank’s efforts in improving credit quality and launching a digital platform were seen as significant steps forward. However, challenges such as elevated charge-offs and rising expenses were also acknowledged.

Amalgamated Bank Reports Strong Q3 2025 Financial Results

Amalgamated Financial Corp. reported its third-quarter 2025 financial results, highlighting a solid balance sheet and an expanded net interest margin of 3.60%. The company achieved a net income of $26.8 million, with core net income reaching $27.6 million. Deposits saw a notable increase, particularly political deposits, while nonperforming assets decreased significantly. The company also repurchased approximately 347,000 shares of common stock, reflecting strong quarterly earnings and a commitment to shareholder returns.

The most recent analyst rating on (AMAL) stock is a Buy with a $31.00 price target. To see the full list of analyst forecasts on Amalgamated Bank stock, see the AMAL Stock Forecast page.

Amalgamated Bank Declares Quarterly Dividend Announcement

On October 21, 2025, Amalgamated Financial Corp. announced that its Board of Directors declared a quarterly dividend of $0.14 per share, payable on November 20, 2025, to shareholders of record as of November 5, 2025. This decision reflects the company’s ongoing commitment to delivering shareholder value and may influence investor perceptions and market positioning.

The most recent analyst rating on (AMAL) stock is a Buy with a $31.00 price target. To see the full list of analyst forecasts on Amalgamated Bank stock, see the AMAL Stock Forecast page.