Amalgamated Financial (AMAL) to Release Earnings on Thursday

Amalgamated Financial (NASDAQ:AMAL - Get Free Report) will likely be posting its Q2 2025 quarterly earnings results before the market opens on Thursday, July 24th. Analysts expect the company to announce earnings of $0.90 per share and revenue of $82.52 million for the quarter.

Amalgamated Financial (NASDAQ:AMAL - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The company reported $0.88 EPS for the quarter, meeting the consensus estimate of $0.88. Amalgamated Financial had a return on equity of 15.68% and a net margin of 23.99%. The firm had revenue of $79.69 million for the quarter, compared to analyst estimates of $74.78 million. During the same quarter last year, the firm posted $0.89 earnings per share. On average, analysts expect Amalgamated Financial to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Amalgamated Financial Stock Up 0.3%

Shares of AMAL traded up $0.10 during mid-day trading on Friday, hitting $32.99. The company's stock had a trading volume of 188,664 shares, compared to its average volume of 198,641. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 9.79 and a beta of 0.85. The company's 50-day moving average is $31.19 and its 200-day moving average is $31.16. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.09. Amalgamated Financial has a 52-week low of $25.03 and a 52-week high of $38.19.

Amalgamated Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Tuesday, May 6th were issued a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 1.70%. The ex-dividend date of this dividend was Tuesday, May 6th. Amalgamated Financial's dividend payout ratio is currently 16.62%.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods dropped their price target on Amalgamated Financial from $41.00 to $39.00 and set an "outperform" rating on the stock in a research note on Friday, April 25th.

Institutional Investors Weigh In On Amalgamated Financial

Several hedge funds have recently modified their holdings of AMAL. Jane Street Group LLC raised its stake in Amalgamated Financial by 373.1% in the 1st quarter. Jane Street Group LLC now owns 44,284 shares of the company's stock valued at $1,273,000 after purchasing an additional 34,923 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Amalgamated Financial by 17.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 65,110 shares of the company's stock valued at $1,872,000 after purchasing an additional 9,500 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Amalgamated Financial by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,654 shares of the company's stock valued at $306,000 after purchasing an additional 468 shares during the period. 75.93% of the stock is owned by hedge funds and other institutional investors.

About Amalgamated Financial

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.