Amalgamated Financial (AMAL) Stock Price, News & Analysis

Company Overview

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; residential mortgage loans; and retail loans, such as residential real estate, consumer solar, 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. Amalgamated Financial Corp. was founded in 1923 and is headquartered in New York, New York.

Key Stats

• Today's Range: $29.91 to $30.80
• 50-Day Range: $25.87 to $31.62
• 52-Week Range: $24.02 to $38.19
• Volume: 168,520 shs
• Average Volume: 190,845 shs
• Market Capitalization: $916.48 million
• P/E Ratio: 8.68
• Dividend Yield: 1.87%
• Price Target: $36.50
• Consensus Rating: Moderate Buy

Amalgamated Financial Stock Analysis - MarketRank™

Amalgamated Financial scored higher than 62% of companies evaluated by MarketBeat, and ranked 476th out of 931 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Amalgamated Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Amalgamated Financial has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 9.59%

Earnings Growth

Earnings for Amalgamated Financial are expected to grow by 9.59% in the coming year, from $3.65 to $4.00 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Amalgamated Financial is 8.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.84.

Price to Earnings Ratio vs. Sector

The P/E ratio of Amalgamated Financial is 8.68, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.59.

Price to Book Value per Share Ratio

Amalgamated Financial has a P/B Ratio of 1.56. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.92% of the float of Amalgamated Financial has been sold short.

Short Interest Ratio / Days to Cover

Amalgamated Financial has a short interest ratio ("days to cover") of 6.3.

Change versus previous month

Short interest in Amalgamated Financial has recently increased by 3.52%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Amalgamated Financial pays a meaningful dividend of 1.85%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Amalgamated Financial has only been increasing its dividend for 4 years.

Dividend Coverage

The dividend payout ratio of Amalgamated Financial is 16.62%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Amalgamated Financial will have a dividend payout ratio of 14.00% next year. This indicates that Amalgamated Financial will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

7.92% of the float of Amalgamated Financial has been sold short.

Short Interest Ratio / Days to Cover

Amalgamated Financial has a short interest ratio ("days to cover") of 6.3.

Change versus previous month

Short interest in Amalgamated Financial has recently increased by 3.52%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 1.71

News Sentiment

Amalgamated Financial has a news sentiment score of 1.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.12 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Amalgamated Financial this week, compared to 4 articles on an average week.

Search Interest

5 people have searched for AMAL on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Amalgamated Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $243,070.00 in company stock.

Percentage Held by Insiders

Only 1.29% of the stock of Amalgamated Financial is held by insiders.

Percentage Held by Institutions

75.93% of the stock of Amalgamated Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AMAL Stock Analysis - Frequently Asked Questions

How have AMAL shares performed this year?

Amalgamated Financial's stock was trading at $33.47 on January 1st, 2025. Since then, AMAL shares have decreased by 10.5% and is now trading at $29.96.
View the best growth stocks for 2025 here.

How were Amalgamated Financial's earnings last quarter?

Amalgamated Financial Corp. (NASDAQ:AMAL) released its quarterly earnings data on Thursday, April, 24th. The company reported $0.88 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.88. The business had revenue of $79.69 million for the quarter, compared to analysts' expectations of $74.78 million. Amalgamated Financial had a trailing twelve-month return on equity of 16.49% and a net margin of 24.50%.
Read the conference call transcript.

Is Amalgamated Financial doing a stock buyback?

Amalgamated Financial's board initiated a stock repurchase program on Monday, March 10th 2025, which allows the company to repurchase $40,000,000 in shares, according to EventVestor. This means that the company could buy up to 4.6% of its shares through open market purchases. Shares buyback programs are often a sign that the company's leadership believes its stock is undervalued.

When did Amalgamated Financial IPO?

Amalgamated Financial (AMAL) raised $107 million in an initial public offering (IPO) on Thursday, August 9th 2018. The company issued 6,700,000 shares at $15.00-$17.00 per share. Barclays, J.P.Morgan and Keefe, Bruyette & Woods (A Stifel Company) served as the underwriters for the IPO.

Who are Amalgamated Financial's major shareholders?

Top institutional shareholders of Amalgamated Financial include Vanguard Group Inc. (4.09%), Alliancebernstein L.P. (2.51%), Adage Capital Partners GP L.L.C. (2.42%) and American Century Companies Inc. (1.71%). Insiders that own company stock include Financial Corp Amalgamated, United Workers, States Regional Joint Western, United Canada Council Workers, Regional Joint Board Rochester, Jason Darby, Sam D Brown, Finser Mark, Maryann Bruce, Sean Searby, Tyrone Graham, Edgar Romney Jr and Mandy Tenner.
View institutional ownership trends.

How do I buy shares of Amalgamated Financial?

Shares of AMAL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Amalgamated Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Amalgamated Financial investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Record date for 2/27 Dividend: 2/11/2025
• Ex-Dividend for 2/27 Dividend: 2/11/2025
• Dividend Payable: 2/27/2025
• Last Earnings: 4/24/2025
• Record date for 5/22 Dividend: 5/06/2025
• Ex-Dividend for 5/22 Dividend: 5/06/2025
• Dividend Payable: 5/22/2025
• Today: 5/28/2025
• Next Earnings (Estimated): 7/24/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NASDAQ:AMAL
• CIK: 1823608
• Web: www.amalgamatedbank.com
• Phone: (212) 255-6200
• Fax: N/A
• Employees: 380
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $36.50
• High Stock Price Target: $39.00
• Low Stock Price Target: $32.50
• Potential Upside/Downside: +19.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.37
• Trailing P/E Ratio: 8.85
• Forward P/E Ratio: 8.36
• P/E Growth: N/A
• Net Income: $106.43 million
• Net Margins: 24.50%
• Pretax Margin: 34.16%
• Return on Equity: 16.49%
• Return on Assets: 1.30%

Debt

• Debt-to-Equity Ratio: 0.10
• Current Ratio: 0.63
• Quick Ratio: 0.63

Sales & Book Value

• Annual Sales: $319.77 million
• Price / Sales: 2.92
• Cash Flow: $2.99 per share
• Price / Cash Flow: 10.20
• Book Value: $19.26 per share
• Price / Book: 1.59

Miscellaneous

• Outstanding Shares: 30,590,000
• Free Float: 30,393,000
• Market Cap: $933.91 million
• Optionable: Optionable
• Beta: 0.86