Amalgamated Bank, together with its subsidiaries, provides commercial banking and retail banking products and services in the United States. The company offers deposit products, including time deposits, non-interest and interest-bearing demand accounts, savings and money market accounts, NOW accounts, and certificates of deposit. It also provides residential mortgage and commercial real estate loans, commercial and industrial loans, multifamily mortgages, 1-4 family real estate loans, construction and land loans, leveraged loans for commercial loans, consumer/small business and purchased student loans, and home equity lines of credit; and debit and ATM card services.
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Industry, Sector and Symbol
Industry N/A
Sub-IndustryN/A
SectorFinance
CIKN/A
WebN/A
PhoneN/A
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$192.28 million
Profitability
Miscellaneous
Employees421
Next Earnings Date10/28/2019 (Confirmed)
OptionableNot Optionable
Amalgamated Bank (NASDAQ:AMAL) Frequently Asked Questions
What is Amalgamated Bank's stock symbol?
Amalgamated Bank trades on the NASDAQ under the ticker symbol "AMAL."
How often does Amalgamated Bank pay dividends? What is the dividend yield for Amalgamated Bank?
Amalgamated Bank announced a quarterly dividend on Thursday, August 1st. Investors of record on Thursday, August 15th will be paid a dividend of $0.06 per share on Friday, August 30th. This represents a $0.24 annualized dividend and a yield of 1.38%. The ex-dividend date is Wednesday, August 14th. View Amalgamated Bank's Dividend History.
How were Amalgamated Bank's earnings last quarter?
Amalgamated Bank (NASDAQ:AMAL) posted its earnings results on Monday, July, 29th. The company reported $0.36 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.36. The firm had revenue of $48.21 million for the quarter, compared to the consensus estimate of $49.15 million. View Amalgamated Bank's Earnings History.
When is Amalgamated Bank's next earnings date?
How can I listen to Amalgamated Bank's earnings call?
Amalgamated Bank will be holding an earnings conference call on Monday, October 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What price target have analysts set for AMAL?
2 Wall Street analysts have issued twelve-month price targets for Amalgamated Bank's shares. Their predictions range from $19.00 to $20.00. On average, they anticipate Amalgamated Bank's share price to reach $19.50 in the next year. This suggests a possible upside of 12.1% from the stock's current price. View Analyst Price Targets for Amalgamated Bank.
What is the consensus analysts' recommendation for Amalgamated Bank?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Amalgamated Bank in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Amalgamated Bank.
Has Amalgamated Bank been receiving favorable news coverage?
Press coverage about AMAL stock has been trending negative on Friday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Amalgamated Bank earned a news sentiment score of -2.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Amalgamated Bank.
Are investors shorting Amalgamated Bank?
Amalgamated Bank saw a decrease in short interest during the month of September. As of September 30th, there was short interest totalling 64,800 shares, a decrease of 60.2% from the August 30th total of 162,700 shares. Based on an average daily trading volume, of 50,800 shares, the short-interest ratio is currently 1.3 days. Currently, 0.5% of the company's stock are short sold. View Amalgamated Bank's Current Options Chain.
Who are some of Amalgamated Bank's key competitors?
Some companies that are related to Amalgamated Bank include Senior Housing Properties Trust (SNH), Flagstar Bancorp (FBC), First Midwest Bancorp (FMBI), Federal Home Loan Mortgage (FMCC), American Equity Investment Life (AEL), Close Brothers Group (CBG), Nuveen Municipal Value Fund (NUV), LegacyTexas Financial Group (LTXB), Capital & Counties Properties PLC (CAPC), ProAssurance (PRA), Retail Opportunity Investments (ROIC), Renasant (RNST), WesBanco (WSBC), Ladder Capital (LADR) and LTC Properties (LTC).
What other stocks do shareholders of Amalgamated Bank own?
Who are Amalgamated Bank's key executives?
Amalgamated Bank's management team includes the folowing people:
- Mr. Keith R. Mestrich, Pres, CEO & Director (Age 52)
- Mr. Andrew LaBenne, Sr. EVP & CFO (Age 45)
- Mr. Martin Murrell, Sr. EVP & COO (Age 56)
- Mr. Edgar Romney Sr., Exec. VP, Northeast Regional Director & Director (Age 76)
- Mr. Jason Darby, Chief Accounting Officer, Controller & Exec. VP (Age 47)
When did Amalgamated Bank IPO?
(AMAL) raised $107 million in an initial public offering on Thursday, August 9th 2018. The company issued 6,700,000 shares at a price of $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 Bank's major shareholders?
Amalgamated Bank's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (1.01%).
Which institutional investors are selling Amalgamated Bank stock?
AMAL stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC.
How do I buy shares of Amalgamated Bank?
Shares of AMAL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Amalgamated Bank's stock price today?
One share of AMAL stock can currently be purchased for approximately $17.39.
How big of a company is Amalgamated Bank?
MarketBeat Community Rating for Amalgamated Bank (NASDAQ AMAL)
MarketBeat's community ratings are surveys of what our community members think about Amalgamated Bank and other stocks. Vote "Outperform" if you believe AMAL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AMAL will underperform the S&P 500 over the long term. You may vote once every thirty days.
