NASDAQ:AMAL - Amalgamated Bank Stock Price, News & Analysis

$15.65
+0.36 (+2.35 %)
(As of 09/17/2019 04:26 AM ET)
Today's Range
$15.11
Now: $15.65
$15.76
50-Day Range
$15.10
MA: $15.95
$17.27
52-Week Range
$14.58
Now: $15.65
$22.97
Volume80,702 shs
Average Volume41,802 shs
Market Capitalization$497.22 million
P/E Ratio11.51
Dividend Yield1.57%
BetaN/A
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. Read More…

Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:AMAL
CUSIPN/A
CIKN/A
WebN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$192.28 million

Profitability

Miscellaneous

Employees421
Market Cap$497.22 million
Next Earnings Date11/4/2019 (Estimated)
OptionableNot Optionable

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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. Stockholders 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 dividend yield of 1.53%. 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) issued its quarterly earnings data on Monday, July, 29th. The company reported $0.36 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.36. The business had revenue of $48.21 million for the quarter, compared to analysts' expectations of $49.15 million. View Amalgamated Bank's Earnings History.

When is Amalgamated Bank's next earnings date?

Amalgamated Bank is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Amalgamated Bank.

What price target have analysts set for AMAL?

2 analysts have issued 1-year target prices for Amalgamated Bank's stock. Their predictions range from $19.00 to $20.00. On average, they expect Amalgamated Bank's share price to reach $19.50 in the next twelve months. This suggests a possible upside of 24.6% 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?

News headlines about AMAL stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Amalgamated Bank earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Amalgamated Bank.

Are investors shorting Amalgamated Bank?

Amalgamated Bank saw a drop in short interest in the month of August. As of August 15th, there was short interest totalling 112,500 shares, a drop of 29.3% from the July 15th total of 159,100 shares. Based on an average trading volume of 35,200 shares, the short-interest ratio is presently 3.2 days. Currently, 0.8% of the shares of the stock are short sold. View Amalgamated Bank's Current Options Chain.

Who are some of Amalgamated Bank's key competitors?

What other stocks do shareholders of Amalgamated Bank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Amalgamated Bank investors own include Alibaba Group (BABA), BlackRock (BLK), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ), Amgen (AMGN), Comcast (CMCSA), Docusign (DOCU), Kraft Heinz (KHC), Starbucks (SBUX) and Skyworks Solutions (SWKS).

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 $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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (3.53%), BlackRock Inc. (2.78%), Cramer Rosenthal Mcglynn LLC (2.70%), Mendon Capital Advisors Corp (2.24%), RMB Capital Management LLC (1.73%) and Peregrine Capital Management LLC (1.24%).

Which institutional investors are selling Amalgamated Bank stock?

AMAL stock was sold by a variety of institutional investors in the last quarter, including Emerald Mutual Fund Advisers Trust, Blackstone Group Inc, Russell Investments Group Ltd., RMB Capital Management LLC, Cramer Rosenthal Mcglynn LLC, Foresters Investment Management Company Inc., Peregrine Capital Management LLC and ELCO Management Co. LLC.

Which institutional investors are buying Amalgamated Bank stock?

AMAL stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Penn Capital Management Co. Inc., Athena Capital Advisors LLC, Vanguard Group Inc., First Trust Advisors LP, Reynders McVeigh Capital Management LLC, Domini Impact Investments LLC and Mendon Capital Advisors Corp.

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 $15.65.

How big of a company is Amalgamated Bank?

Amalgamated Bank has a market capitalization of $497.22 million and generates $192.28 million in revenue each year. Amalgamated Bank employs 421 workers across the globe.View Additional Information About Amalgamated Bank.


MarketBeat Community Rating for Amalgamated Bank (NASDAQ AMAL)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  33 (Vote Outperform)
Underperform Votes:  46 (Vote Underperform)
Total Votes:  79
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.
This page was last updated on 9/17/2019 by MarketBeat.com Staff

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