Amalgamated Financial (AMAL) Expected to Release Quarterly Earnings on Thursday

Key Points

• Amalgamated Financial is expected to report Q3 2026 results before market open on October 22. Analysts forecast earnings of $1.08 per share on revenue of $99.26 million; the earnings call is scheduled for 11:00 a.m. ET.
• The company exceeded estimates in the prior quarter, reporting $1.10 EPS versus the $1.00 consensus and $96.10 million in revenue versus $92.09 million expected.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and an average price target of $54.00. Amalgamated also pays a quarterly dividend of $0.17 per share, while insiders have sold $83.0 million of stock over the past 90 days.

Amalgamated Financial (NASDAQ:AMAL - Get Free Report) is expected to be posting its Q3 2026 results before the market opens on Thursday, October 22nd. Analysts expect Amalgamated Financial to announce earnings of $1.08 per share and revenue of $99.26 million for the quarter. Individuals may review the information on the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 22, 2026 at 11:00 AM ET.

Amalgamated Financial (NASDAQ:AMAL - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.10. The firm had revenue of $96.10 million during the quarter, compared to analyst estimates of $92.09 million. Amalgamated Financial had a return on equity of 14.30% and a net margin of 23.34%. On average, analysts expect Amalgamated Financial to post $4.06 EPS for the current fiscal year and $4.63 EPS for the next fiscal year.

Amalgamated Financial Stock Down 0.8%

Shares of NASDAQ:AMAL opened at $46.52 on Thursday. Amalgamated Financial has a 1 year low of $25.13 and a 1 year high of $51.59. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.64 and a quick ratio of 0.63. The business's 50-day moving average is $48.26 and its 200-day moving average is $45.25. The company has a market capitalization of $1.39 billion, a price-to-earnings ratio of 12.34 and a beta of 0.81.

Amalgamated Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Tuesday, August 4th were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Tuesday, August 4th. This represents a $0.68 annualized dividend and a yield of 1.5%. Amalgamated Financial's dividend payout ratio (DPR) is currently 18.13%.

Analysts Set New Price Targets

Several brokerages have issued reports on AMAL. Weiss Ratings raised Amalgamated Financial from a "buy (b)" rating to a "buy (b+)" rating in a research note on Friday, October 9th. Zacks Research upgraded Amalgamated Financial from a "strong sell" rating to a "hold" rating in a report on Thursday, June 25th. Keefe, Bruyette & Woods raised their price objective on shares of Amalgamated Financial from $53.00 to $54.00 and gave the stock an "outperform" rating in a research report on Friday, July 24th. Piper Sandler lifted their price objective on shares of Amalgamated Financial from $48.00 to $53.00 and gave the company a "neutral" rating in a research note on Monday, July 27th. Finally, Raymond James Financial started coverage on shares of Amalgamated Financial in a research note on Thursday, September 3rd. They issued an "outperform" rating and a $55.00 price objective for the company. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, Amalgamated Financial presently has an average rating of "Moderate Buy" and an average price target of $54.00.

Insider Buying and Selling

In other news, major shareholder States Regional Joint Western sold 228,284 shares of the firm's stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $47.84, for a total value of $10,921,106.56. Following the completion of the sale, the insider directly owned 373,022 shares in the company, valued at $17,845,372.48. This trade represents a 37.96% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, major shareholder United Workers sold 228,284 shares of the business's stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $47.84, for a total value of $10,921,106.56. Following the completion of the sale, the insider directly owned 373,022 shares of the company's stock, valued at $17,845,372.48. The trade was a 37.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,724,705 shares of company stock worth $83,009,328 over the last 90 days. 1.63% of the stock is owned by company insiders.

About Amalgamated Financial

Amalgamated Financial Corp. is the parent company of Amalgamated Bank, a mission-driven financial institution headquartered in New York City. The bank provides banking and financial services to consumers, businesses, nonprofit organizations, labor unions, political organizations and other institutions, with an emphasis on serving customers and industries aligned with its social and environmental values.

Amalgamated Bank's offerings include deposit accounts, commercial and consumer lending, cash-management and treasury services, payment solutions, institutional banking and investment-management services.

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