Amalgamated Financial (AMAL) Financials

$26.98 -0.27 (-0.97%)

As of 12:07 PM Eastern

Annual Income Statements for Amalgamated Financial

This table shows Amalgamated Financial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	45	47	46	53	81	88	106
Consolidated Net Income / (Loss)	45	47	46	53	81	88	106
Net Income / (Loss) Continuing Operations	45	47	46	53	81	88	106
Total Pre-Tax Income	50	64	62	71	108	125	146
Total Revenue	178	196	221	203	264	291	316
Net Interest Income / (Expense)	150	167	180	174	240	261	282
Total Interest Income	164	186	190	181	258	358	401
Loans and Leases Interest Income	130	140	142	123	146	191	215
Investment Securities Interest Income	33	45	48	57	111	161	177
Deposits and Money Market Investments Interest Income	1.44	0.95	0.70	0.65	2.19	5.78	8.67
Total Interest Expense	14	19	10	6.22	19	97	119
Deposits Interest Expense	9.57	14	10	5.82	11	81	113
Long-Term Debt Interest Expense	4.65	4.86	0.03	0.40	7.59	16	5.41
Total Non-Interest Income	28	29	41	28	24	29	33
Service Charges on Deposit Accounts	8.18	8.54	9.20	9.36	11	11	32
Other Service Charges	0.87	0.88	2.04	1.02	1.77	2.71	2.08
Net Realized & Unrealized Capital Gains on Investments	-1.19	-0.47	11	2.28	-7.19	-2.43	-19
Investment Banking Income	19	19	15	13	14	15	15
Other Non-Interest Income	1.67	1.65	3.09	2.39	3.87	2.88	2.50
Provision for Credit Losses	-0.26	3.84	25	-0.29	15	15	10
Total Non-Interest Expense	128	128	134	132	141	151	160
Salaries and Employee Benefits	67	70	69	70	75	86	94
Net Occupancy & Equipment Expense	28	29	34	30	31	31	33
Marketing Expense	3.40	2.91	3.51	3.23	3.74	4.18	3.73
Property & Liability Insurance Claims	-	-	3.15	2.53	3.23	4.02	3.72
Other Operating Expenses	25	21	19	22	23	22	22
Depreciation Expense	3.64	3.54	3.31	3.06	3.01	2.83	2.47
Amortization Expense	0.97	1.37	1.37	1.21	1.05	0.89	0.73
Income Tax Expense	5.67	17	16	18	27	37	39
Basic Earnings per Share	$1.47	$1.49	$1.48	$1.70	$2.64	$2.88	$3.48
Weighted Average Basic Shares Outstanding	-	-	31.12M	31.12M	30.74M	30.51M	30.69M
Diluted Earnings per Share	$1.46	$1.47	$1.48	$1.68	$2.61	$2.86	$3.44
Weighted Average Diluted Shares Outstanding	-	-	31.12M	31.12M	30.74M	30.51M	30.69M
Weighted Average Basic & Diluted Shares Outstanding	-	-	31.12M	31.12M	30.74M	30.51M	30.69M

This table shows Amalgamated Financial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Net Income / (Loss) Attributable to Common Shareholders	25	21	22	22	23	27	27	28	24	25	26
Consolidated Net Income / (Loss)	25	21	22	22	23	27	27	28	24	25	26
Net Income / (Loss) Continuing Operations	25	21	22	22	23	27	27	28	24	25	26
Total Pre-Tax Income	32	29	29	31	35	39	36	38	33	35	35
Total Revenue	72	72	71	71	77	78	78	81	78	77	81
Net Interest Income / (Expense)	67	67	63	64	67	68	69	72	73	71	73
Total Interest Income	79	85	86	91	96	97	99	103	103	101	104
Loans and Leases Interest Income	42	45	45	50	52	52	51	54	58	58	59
Investment Securities Interest Income	36	40	40	40	42	42	45	46	43	42	44
Deposits and Money Market Investments Interest Income	0.49	0.62	1.06	1.69	2.42	2.59	2.69	2.27	1.11	1.19	1.64
Total Interest Expense	11	18	23	28	29	29	30	31	29	30	31
Deposits Interest Expense	5.68	14	19	23	25	26	29	30	29	29	31
Long-Term Debt Interest Expense	5.52	3.82	4.12	4.35	3.35	3.01	0.89	0.60	0.91	1.20	0.60
Total Non-Interest Income	4.23	5.21	7.94	6.78	9.40	10	9.26	8.94	4.79	6.41	8.03
Service Charges on Deposit Accounts	2.99	2.46	2.71	2.73	3.10	6.14	8.61	12	5.34	3.44	3.87
Other Service Charges	0.18	0.97	0.39	0.77	0.58	0.29	0.55	0.81	0.44	0.51	0.45
Net Realized & Unrealized Capital Gains on Investments	-3.54	-2.93	0.29	-1.12	1.33	-0.66	-4.17	-8.28	-5.62	-2.36	-0.97
Investment Banking Income	3.61	3.93	4.01	3.68	3.56	3.85	3.66	3.70	3.97	4.19	3.88
Other Non-Interest Income	0.99	0.78	0.55	0.73	0.83	0.61	0.62	0.61	0.66	0.63	0.80
Provision for Credit Losses	4.43	4.96	3.94	2.01	3.76	1.59	3.16	1.85	3.69	0.60	4.89
Total Non-Interest Expense	36	39	38	37	38	38	40	41	41	42	41
Salaries and Employee Benefits	19	22	21	21	21	22	23	24	25	23	23
Net Occupancy & Equipment Expense	7.42	7.95	7.52	7.89	7.99	7.53	8.17	8.51	8.68	8.91	8.96
Marketing Expense	1.33	1.59	1.03	0.82	0.75	1.22	1.18	1.02	0.31	0.05	0.41
Property & Liability Insurance Claims	0.79	0.72	1.10	1.20	1.00	1.05	1.05	0.90	0.72	0.90	0.90
Other Operating Expenses	5.61	5.41	5.78	5.18	5.84	5.23	5.32	5.94	5.99	7.70	6.36
Depreciation Expense	0.70	0.73	0.72	0.69	0.70	0.66	0.58	0.65	0.58	0.63	0.57
Amortization Expense	0.26	0.22	0.22	0.22	0.22	0.18	0.18	0.18	0.18	0.14	0.14
Income Tax Expense	6.81	7.57	7.82	8.85	13	11	9.02	10	8.56	9.71	9.47
Basic Earnings per Share	$0.79	$0.69	$0.71	$0.73	$0.75	$0.89	$0.88	$0.91	$0.80	$0.82	$0.85
Weighted Average Basic Shares Outstanding	30.74M	30.61M	30.46M	30.39M	30.51M	30.52M	30.64M	30.67M	30.69M	30.59M	30.11M
Diluted Earnings per Share	$0.79	$0.69	$0.70	$0.73	$0.74	$0.89	$0.87	$0.90	$0.78	$0.81	$0.84
Weighted Average Diluted Shares Outstanding	30.74M	30.61M	30.46M	30.39M	30.51M	30.52M	30.64M	30.67M	30.69M	30.59M	30.11M
Weighted Average Basic & Diluted Shares Outstanding	30.74M	30.61M	30.46M	30.39M	30.51M	30.52M	30.64M	30.67M	30.69M	30.59M	30.11M

This table details how cash moves in and out of Amalgamated Financial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-36	42	-84	292	-267	27	-30
Net Cash From Operating Activities	31	83	66	71	147	117	124
Net Cash From Continuing Operating Activities	31	83	66	71	147	117	124
Net Income / (Loss) Continuing Operations	45	47	46	53	81	88	106
Consolidated Net Income / (Loss)	45	47	46	53	81	88	106
Provision For Loan Losses	-0.26	3.84	25	-0.29	15	15	10
Depreciation Expense	4.20	4.63	6.19	3.64	9.30	5.51	4.70
Amortization Expense	-0.26	-3.00	6.41	7.82	1.05	0.89	0.73
Non-Cash Adjustments to Reconcile Net Income	11	6.45	-18	17	42	13	29
Changes in Operating Assets and Liabilities, net	-28	24	0.51	-11	-1.25	-4.39	-27
Net Cash From Investing Activities	-258	-546	-755	-865	-1,202	-134	-316
Net Cash From Continuing Investing Activities	-258	-546	-755	-865	-1,202	-134	-316
Purchase of Property, Leasehold Improvements and Equipment	-1.43	-0.75	-1.61	-2.40	-1.67	-1.48	-1.78
Purchase of Investment Securities	-692	-771	-993	-1,699	-1,290	-673	-926
Sale and/or Maturity of Investments	435	576	276	668	915	541	972
Other Investing Activities, net	-	-350	-37	168	-826	-0.76	-360
Net Cash From Financing Activities	192	504	606	1,087	788	44	162
Net Cash From Continuing Financing Activities	192	504	606	1,088	788	44	162
Net Change in Deposits	510	536	698	1,018	239	417	169
Issuance of Common Equity	0.00	-	-	0.00	0.67	0.80	0.79
Repayment of Debt	-310	-18	0.00	84	574	-	10
Repurchase of Common Equity	0.00	-5.79	-7.00	-2.92	-14	-9.54	-3.36
Payment of Dividends	-1.93	-8.30	-9.99	-9.98	-11	-12	-14
Other Financing Activities, Net	-6.97	0.40	-0.14	-	0.00	0.00	-0.15
Cash Interest Paid	15	19	11	6.04	18	86	129
Cash Income Taxes Paid	3.56	9.31	9.82	5.69	6.65	23	30

This table details how cash moves in and out of Amalgamated Financial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Net Change in Cash & Equivalents	-2.68	67	-65	75	-50	65	-97	91	-88	4.97	105
Net Cash From Operating Activities	53	35	27	40	15	31	28	36	29	34	25
Net Cash From Continuing Operating Activities	53	35	27	40	15	31	28	36	29	34	25
Net Income / (Loss) Continuing Operations	25	21	22	22	23	27	27	28	24	25	26
Consolidated Net Income / (Loss)	25	21	22	22	23	27	27	28	24	25	26
Provision For Loan Losses	4.43	4.96	3.94	2.01	3.76	1.59	3.16	1.85	3.69	0.60	4.89
Depreciation Expense	6.62	0.87	0.90	0.88	2.86	2.02	0.77	0.77	2.27	0.27	0.34
Amortization Expense	-4.69	0.67	0.79	0.99	-1.56	0.18	-0.13	1.16	-1.62	0.14	0.14
Non-Cash Adjustments to Reconcile Net Income	23	8.55	2.04	3.20	-1.22	6.21	5.09	7.94	9.54	6.24	1.67
Changes in Operating Assets and Liabilities, net	-1.16	-1.53	-2.05	10	-11	-5.99	-7.77	-3.75	-9.37	1.94	-8.11
Net Cash From Investing Activities	7.91	35	-30	-57	-82	-91	-202	-78	55	-6.61	-232
Net Cash From Continuing Investing Activities	7.91	35	-30	-57	-82	-91	-202	-78	55	-6.61	-232
Purchase of Property, Leasehold Improvements and Equipment	-0.18	-0.26	-0.58	-0.38	-0.26	-0.21	-0.25	-0.59	-0.74	-1.75	0.71
Purchase of Investment Securities	-104	-90	-228	62	-418	-263	-387	-416	59	-169	-407
Sale and/or Maturity of Investments	350	220	106	145	70	187	236	272	359	169	168
Other Investing Activities, net	-238	-94	92	-264	266	-15	-50	67	-361	-4.67	5.58
Net Cash From Financing Activities	-64	-2.60	-62	92	17	125	77	133	-173	-23	313
Net Cash From Continuing Financing Activities	-64	-2.60	-62	92	17	125	77	133	-173	-23	313
Net Change in Deposits	-565	446	-147	96	21	294	143	146	-414	231	321
Issuance of Common Equity	0.15	0.39	0.13	0.14	0.15	0.24	0.21	0.18	0.16	0.79	0.24
Repayment of Debt	505	-3.22	-347	344	-	-165	-2.09	-228	240	-245	5.76
Repurchase of Common Equity	-0.36	-3.01	-2.51	-2.78	-1.25	-1.04	-0.86	-0.39	-1.07	-5.85	-9.92
Payment of Dividends	-3.19	-3.08	-3.14	-3.06	-3.06	-3.12	-3.74	-3.70	-3.68	-4.29	-4.48
Cash Interest Paid	11	16	21	23	27	35	33	30	31	30	32
Cash Income Taxes Paid	4.22	0.29	3.05	4.04	15	0.32	16	12	2.38	1.51	13

This table presents Amalgamated Financial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	5,325	5,979	7,078	7,843	7,972	8,257
Cash and Due from Banks	7.60	7.74	8.62	5.11	2.86	4.04
Interest Bearing Deposits at Other Banks	115	31	322	58	88	57
Trading Account Securities	1,520	2,212	3,196	3,396	3,245	3,285
Loans and Leases, Net of Allowance	3,439	3,447	3,276	4,061	4,346	4,613
Loans and Leases	3,473	3,489	3,312	4,106	4,411	4,673
Allowance for Loan and Lease Losses	34	42	36	45	66	60
Accrued Investment Income	19	24	29	41	55	61
Premises and Equipment, Net	18	13	12	9.86	7.81	6.39
Goodwill	13	13	13	13	13	13
Intangible Assets	6.73	5.36	4.15	3.11	2.22	1.49
Other Assets	188	225	217	255	213	216
Total Liabilities & Shareholders' Equity	5,325	5,979	7,078	7,843	7,972	8,257
Total Liabilities	4,835	5,443	6,514	7,334	7,387	7,549
Non-Interest Bearing Deposits	4,641	5,339	6,356	6,595	7,012	7,181
Short-Term Debt	-	-	-	580	305	314
Other Long-Term Liabilities	119	104	74	81	70	54
Commitments & Contingencies	0.00	-	-	-	-	0.00
Total Equity & Noncontrolling Interests	491	536	564	509	585	708
Total Preferred & Common Equity	490	536	564	509	585	708
Total Common Equity	490	536	564	509	585	708
Common Stock	306	301	298	287	289	289
Retained Earnings	181	217	260	330	388	480
Treasury Stock	-	-	-	0.00	-5.34	-2.82
Accumulated Other Comprehensive Income / (Loss)	3.23	17	5.41	-109	-86	-59

This table presents Amalgamated Financial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2022	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025
Period end date	6/30/2022	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025
Total Assets	7,943	7,868	7,836	7,793	7,910	8,137	8,251	8,414	8,285	8,621
Cash and Due from Banks	6.08	3.40	5.19	4.42	5.49	3.83	4.08	3.95	4.20	4.05
Interest Bearing Deposits at Other Banks	326	63	126	61	135	151	54	145	62	167
Trading Account Securities	3,719	3,668	1,668	3,249	3,187	3,350	3,507	3,504	3,331	3,523
Loans and Leases, Net of Allowance	3,609	3,829	4,131	4,184	4,297	4,359	4,408	4,486	4,620	4,655
Loans and Leases	3,648	3,871	4,198	4,252	4,365	4,424	4,472	4,548	4,678	4,714
Allowance for Loan and Lease Losses	39	42	67	67	68	64	63	61	58	59
Accrued Investment Income	31	35	41	44	48	53	53	54	55	56
Premises and Equipment, Net	11	11	9.25	8.93	8.43	7.13	6.60	6.41	7.37	8.82
Goodwill	13	13	13	13	13	13	13	13	13	13
Intangible Assets	3.63	3.37	2.88	2.66	2.44	2.03	1.85	1.67	1.34	1.20
Other Assets	224	243	5,971	225	214	196	203	199	192	194
Total Liabilities & Shareholders' Equity	7,943	7,868	7,836	7,793	7,910	8,137	8,251	8,414	8,285	8,621
Total Liabilities	7,445	7,380	7,317	7,264	7,363	7,520	7,605	7,715	7,549	7,867
Non-Interest Bearing Deposits	7,291	7,160	7,041	6,895	6,991	7,306	7,449	7,595	7,412	7,733
Short-Term Debt	-	75	-	230	230	69	9.14	68	70	75
Other Long-Term Liabilities	70	67	62	66	68	74	78	52	67	59
Commitments & Contingencies	-	-	-	-	-	-	-	-	0.00	0.00
Total Equity & Noncontrolling Interests	498	488	519	529	546	617	646	698	736	754
Total Preferred & Common Equity	498	488	519	528	546	617	646	698	736	754
Total Common Equity	498	488	519	528	546	617	646	698	736	754
Common Stock	287	287	288	287	288	288	286	287	289	291
Retained Earnings	289	309	331	349	368	412	435	459	501	522
Treasury Stock	-	-	-2.15	-2.69	-4.85	-4.02	-1.97	-1.97	-6.33	-16
Accumulated Other Comprehensive Income / (Loss)	-78	-108	-97	-105	-105	-79	-74	-47	-47	-43

This table displays calculated financial ratios and metrics derived from Amalgamated Financial's official financial filings.

Metric	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-
Revenue Growth	0.00%	9.98%	12.65%	-8.13%	30.12%	10.20%	8.60%
EBITDA Growth	0.00%	21.28%	13.28%	10.25%	44.21%	10.64%	15.17%
EBIT Growth	0.00%	27.53%	-3.48%	14.18%	52.94%	15.32%	16.72%
NOPAT Growth	0.00%	5.71%	-2.15%	14.61%	53.91%	7.98%	20.98%
Net Income Growth	0.00%	5.71%	-2.15%	14.61%	53.91%	7.98%	20.98%
EPS Growth	0.00%	0.68%	0.68%	13.51%	55.36%	9.58%	20.28%
Operating Cash Flow Growth	0.00%	169.06%	-21.20%	7.25%	108.85%	-20.43%	5.84%
Free Cash Flow Firm Growth	0.00%	0.00%	114.65%	-177.65%	-642.15%	183.28%	-106.95%
Invested Capital Growth	0.00%	0.00%	-5.26%	20.88%	80.12%	-23.69%	14.80%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	1.88%	4.82%	1.80%	0.37%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	2.02%	9.46%	2.35%	-1.82%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	3.52%	11.01%	3.01%	-1.46%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	4.20%	12.16%	-2.29%	1.72%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	4.20%	12.16%	-2.29%	1.72%
EPS Q/Q Growth	0.00%	0.00%	0.00%	3.07%	12.50%	-1.72%	1.18%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	-29.32%	32.26%	-24.36%	12.40%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-3,743.95%	402.02%	-113.41%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	16.41%	82.17%	4.60%	33.29%
Profitability Metrics	-	-	-	-	-	-	-
EBITDA Margin	30.47%	33.60%	33.79%	40.55%	44.94%	45.12%	47.85%
EBIT Margin	28.26%	32.77%	28.08%	34.89%	41.01%	42.91%	46.12%
Profit (Net Income) Margin	25.08%	24.10%	20.94%	26.12%	30.89%	30.27%	33.72%
Tax Burden Percent	88.74%	73.55%	74.57%	74.85%	75.33%	70.53%	73.11%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	11.26%	26.45%	25.43%	25.15%	24.67%	29.47%	26.89%
Return on Invested Capital (ROIC)	0.00%	16.69%	8.39%	8.95%	8.98%	8.55%	11.13%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	16.69%	8.39%	8.95%	8.98%	8.55%	11.13%
Return on Net Nonoperating Assets (RNNOA)	0.00%	2.55%	0.61%	0.68%	6.21%	7.52%	5.33%
Return on Equity (ROE)	0.00%	19.24%	9.00%	9.63%	15.19%	16.08%	16.46%
Cash Return on Invested Capital (CROIC)	0.00%	-183.31%	13.78%	-9.96%	-48.22%	35.43%	-2.65%
Operating Return on Assets (OROA)	0.00%	1.21%	1.10%	1.08%	1.45%	1.58%	1.79%
Return on Assets (ROA)	0.00%	0.89%	0.82%	0.81%	1.09%	1.11%	1.31%
Return on Common Equity (ROCE)	0.00%	19.24%	9.00%	9.63%	15.19%	16.08%	16.46%
Return on Equity Simple (ROE_SIMPLE)	0.00%	9.63%	8.62%	9.39%	16.01%	15.03%	15.04%
Net Operating Profit after Tax (NOPAT)	45	47	46	53	81	88	106
NOPAT Margin	25.08%	24.10%	20.94%	26.12%	30.89%	30.27%	33.72%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	55.53%	51.97%	48.64%	50.88%	41.67%	41.74%	41.31%
Operating Expenses to Revenue	71.89%	65.27%	60.69%	65.25%	53.30%	52.04%	50.62%
Earnings before Interest and Taxes (EBIT)	50	64	62	71	108	125	146
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	54	66	75	82	119	131	151
Valuation Ratios	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.89	1.33	1.38	1.45
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.91	1.38	1.42	1.48
Price to Revenue (P/Rev)	0.00	0.00	0.00	2.47	2.57	2.79	3.24
Price to Earnings (P/E)	0.00	0.00	0.00	9.44	8.32	9.20	9.61
Dividend Yield	0.34%	1.46%	2.48%	1.99%	1.99%	1.52%	1.38%
Earnings Yield	0.00%	0.00%	0.00%	10.59%	12.02%	10.87%	10.41%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.39	1.09	1.15	1.25
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	1.25	4.82	3.52	4.04
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	3.08	10.73	7.81	8.45
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	3.58	11.76	8.21	8.77
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	4.79	15.61	11.64	11.99
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	3.59	8.63	8.74	10.29
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	2.81	0.00
Leverage & Solvency	-	-	-	-	-	-	-
Debt to Equity	0.00	0.15	0.00	0.15	1.29	0.52	0.44
Long-Term Debt to Equity	0.00	0.15	0.00	0.15	0.15	0.00	0.00
Financial Leverage	0.00	0.15	0.07	0.08	0.69	0.88	0.48
Leverage Ratio	0.00	10.86	11.01	11.87	13.91	14.45	12.55
Compound Leverage Factor	0.00	10.86	11.01	11.87	13.91	14.45	12.55
Debt to Total Capital	0.00%	13.26%	0.00%	12.94%	56.38%	34.25%	30.76%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	49.71%	34.25%	30.76%
Long-Term Debt to Total Capital	0.00%	13.26%	0.00%	12.94%	6.66%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.02%	0.02%	0.02%	0.01%	0.01%	0.00%
Common Equity to Total Capital	0.00%	86.71%	99.98%	87.04%	43.61%	65.73%	69.24%
Debt to EBITDA	0.00	1.14	0.00	1.02	5.55	2.33	2.08
Net Debt to EBITDA	0.00	-0.72	0.00	-3.00	5.01	1.63	1.68
Long-Term Debt to EBITDA	0.00	1.14	0.00	1.02	0.66	0.00	0.00
Debt to NOPAT	0.00	1.59	0.00	1.58	8.07	3.47	2.95
Net Debt to NOPAT	0.00	-1.01	0.00	-4.66	7.29	2.44	2.38
Long-Term Debt to NOPAT	0.00	1.59	0.00	1.58	0.95	0.00	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.03%	0.03%	0.02%	0.02%	0.02%	0.01%
Liquidity Ratios	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-518	76	-59	-437	364	-25
Operating Cash Flow to CapEx	2,173.72%	11,083.80%	4,080.09%	2,943.99%	8,832.25%	7,936.63%	6,989.58%
Free Cash Flow to Firm to Interest Expense	0.00	-26.83	7.24	-9.47	-23.46	3.77	-0.21
Operating Cash Flow to Interest Expense	2.18	4.32	6.28	11.34	7.90	1.21	1.04
Operating Cash Flow Less CapEx to Interest Expense	2.08	4.28	6.12	10.95	7.81	1.20	1.03
Efficiency Ratios	-	-	-	-	-	-	-
Asset Turnover	0.00	0.04	0.04	0.03	0.04	0.04	0.04
Fixed Asset Turnover	0.00	11.02	14.35	16.40	24.43	32.91	44.48
Capital & Investment Metrics	-	-	-	-	-	-	-
Invested Capital	0.00	566	536	648	1,167	890	1,022
Invested Capital Turnover	0.00	0.69	0.40	0.34	0.29	0.28	0.33
Increase / (Decrease) in Invested Capital	0.00	566	-30	112	519	-276	132
Enterprise Value (EV)	0.00	0.00	0.00	253	1,272	1,024	1,276
Market Capitalization	0.00	0.00	0.00	500	678	809	1,023
Book Value per Share	$0.00	$0.00	$17.22	$18.13	$16.59	$19.26	$23.07
Tangible Book Value per Share	$0.00	$0.00	$16.63	$17.58	$16.07	$18.76	$22.60
Total Capital	0.00	566	536	648	1,167	890	1,022
Total Debt	0.00	75	0.00	84	658	305	314
Total Long-Term Debt	0.00	75	0.00	84	78	0.00	0.00
Net Debt	0.00	-48	-39	-247	594	214	254
Capital Expenditures (CapEx)	1.43	0.75	1.61	2.40	1.67	1.48	1.78
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	0.00	75	0.00	84	658	305	314
Total Depreciation and Amortization (D&A)	3.94	1.63	13	11	10	6.40	5.43
Earnings Adjustments	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$1.48	$1.70	$2.64	$2.88	$3.48
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	31.12M	31.12M	30.74M	30.51M	30.69M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$1.48	$1.68	$2.61	$2.86	$3.44
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	31.12M	31.12M	30.74M	30.51M	30.69M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	31.12M	31.12M	30.74M	30.51M	30.69M
Normalized Net Operating Profit after Tax (NOPAT)	45	47	46	53	81	88	106
Normalized NOPAT Margin	25.08%	24.10%	20.94%	26.12%	30.89%	30.27%	33.72%
Pre Tax Income Margin	28.26%	32.77%	28.08%	34.89%	41.01%	42.91%	46.12%
Debt Service Ratios	-	-	-	-	-	-	-
EBIT to Interest Expense	3.54	3.32	5.91	11.37	5.80	1.29	1.22
NOPAT to Interest Expense	3.14	2.44	4.41	8.51	4.37	0.91	0.90
EBIT Less CapEx to Interest Expense	3.44	3.28	5.76	10.98	5.71	1.27	1.21
NOPAT Less CapEx to Interest Expense	3.04	2.40	4.25	8.12	4.28	0.89	0.88
Payout Ratios	-	-	-	-	-	-	-
Dividend Payout Ratio	4.32%	17.59%	21.62%	18.85%	13.76%	14.02%	13.37%
Augmented Payout Ratio	4.32%	29.84%	36.78%	24.36%	31.41%	24.87%	16.53%

This table displays calculated financial ratios and metrics derived from Amalgamated Financial's official financial filings.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	20.41%	29.93%	11.27%	-2.92%	7.20%	7.97%	10.60%	14.95%	1.51%	-1.64%	3.17%
EBITDA Growth	44.05%	40.13%	4.73%	-1.56%	8.99%	33.81%	16.92%	21.61%	-7.68%	-13.71%	-1.66%
EBIT Growth	51.47%	51.32%	11.23%	0.47%	11.54%	33.29%	21.44%	22.72%	-6.13%	-9.83%	-0.89%
NOPAT Growth	55.46%	50.64%	10.35%	-2.77%	-8.34%	27.70%	23.62%	25.26%	7.93%	-8.15%	-2.86%
Net Income Growth	55.46%	50.64%	10.35%	-2.77%	-8.34%	27.70%	23.62%	25.26%	7.93%	-8.15%	-2.86%
EPS Growth	58.00%	53.33%	11.11%	-1.35%	-6.33%	28.99%	24.29%	23.29%	5.41%	-8.99%	-3.45%
Operating Cash Flow Growth	209.67%	104.32%	-46.59%	52.13%	-71.14%	-10.30%	2.78%	-10.09%	89.37%	9.44%	-11.04%
Free Cash Flow Firm Growth	-415.00%	-79.44%	-1,520.84%	-208.39%	160.51%	103.47%	159.34%	159.60%	-135.87%	-785.55%	-158.99%
Invested Capital Growth	80.12%	20.02%	43.04%	32.90%	-23.69%	3.24%	-13.10%	-9.91%	14.80%	6.48%	14.66%
Revenue Q/Q Growth	-1.46%	1.28%	-2.15%	-0.59%	8.81%	2.01%	0.24%	3.31%	-3.90%	-1.16%	5.13%
EBITDA Q/Q Growth	-0.15%	-9.14%	2.33%	6.04%	10.54%	11.55%	-10.58%	10.29%	-16.08%	4.26%	2.28%
EBIT Q/Q Growth	1.80%	-8.44%	1.93%	5.75%	13.02%	9.41%	-7.14%	6.86%	-13.55%	5.09%	2.08%
NOPAT Q/Q Growth	7.89%	-13.80%	1.42%	3.08%	1.71%	20.09%	-1.82%	4.44%	-12.35%	2.20%	3.84%
Net Income Q/Q Growth	7.89%	-13.80%	1.42%	3.08%	1.71%	20.09%	-1.82%	4.44%	-12.35%	2.20%	3.84%
EPS Q/Q Growth	6.76%	-12.66%	1.45%	4.29%	1.37%	20.27%	-2.25%	3.45%	-13.33%	3.85%	3.70%
Operating Cash Flow Q/Q Growth	102.89%	-34.33%	-21.79%	45.98%	-61.51%	104.10%	-10.38%	27.70%	-18.93%	17.95%	-27.15%
Free Cash Flow Firm Q/Q Growth	-709.07%	79.58%	-126.70%	17.67%	258.76%	-98.83%	3,778.01%	-17.31%	-195.55%	77.63%	-233.69%
Invested Capital Q/Q Growth	82.17%	-37.18%	13.57%	2.25%	4.60%	-15.01%	-4.40%	6.00%	33.29%	-21.17%	2.95%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	46.81%	41.99%	43.91%	46.84%	47.59%	52.04%	46.42%	49.56%	43.28%	45.65%	44.42%
EBIT Margin	44.11%	39.87%	41.53%	44.19%	45.90%	49.22%	45.60%	47.17%	42.44%	45.12%	43.81%
Profit (Net Income) Margin	34.59%	29.44%	30.51%	31.64%	29.57%	34.82%	34.10%	34.48%	31.44%	32.51%	32.11%
Tax Burden Percent	78.42%	73.83%	73.46%	71.60%	64.44%	70.73%	74.78%	73.08%	74.09%	72.05%	73.29%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	21.58%	26.17%	26.54%	28.40%	35.56%	29.27%	25.22%	26.92%	25.91%	27.95%	26.71%
Return on Invested Capital (ROIC)	10.06%	12.29%	12.41%	12.11%	8.36%	13.86%	13.33%	13.40%	10.38%	13.08%	13.10%
ROIC Less NNEP Spread (ROIC-NNEP)	10.06%	12.29%	12.41%	12.11%	8.36%	13.86%	13.33%	13.40%	10.38%	13.08%	13.10%
Return on Net Nonoperating Assets (RNNOA)	6.95%	3.50%	4.69%	5.36%	7.35%	4.31%	4.32%	4.02%	4.97%	2.02%	1.43%
Return on Equity (ROE)	17.01%	15.79%	17.10%	17.47%	15.71%	18.17%	17.65%	17.42%	15.35%	15.11%	14.53%
Cash Return on Invested Capital (CROIC)	-48.22%	-5.00%	-22.59%	-16.18%	35.43%	9.42%	26.74%	23.36%	-2.65%	7.06%	-0.34%
Operating Return on Assets (OROA)	1.56%	1.44%	1.52%	1.60%	1.69%	1.83%	1.73%	1.82%	1.65%	1.73%	1.65%
Return on Assets (ROA)	1.22%	1.07%	1.12%	1.15%	1.09%	1.29%	1.29%	1.33%	1.22%	1.24%	1.21%
Return on Common Equity (ROCE)	17.00%	15.78%	17.09%	17.47%	15.71%	18.16%	17.64%	17.42%	15.35%	15.11%	14.53%
Return on Equity Simple (ROE_SIMPLE)	0.00%	17.08%	17.16%	16.49%	0.00%	15.22%	15.33%	14.99%	0.00%	14.16%	13.72%
Net Operating Profit after Tax (NOPAT)	25	21	22	22	23	27	27	28	24	25	26
NOPAT Margin	34.59%	29.44%	30.51%	31.64%	29.57%	34.82%	34.10%	34.48%	31.44%	32.51%	32.11%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	39.43%	43.52%	41.89%	42.63%	39.09%	39.64%	41.28%	41.08%	43.24%	41.93%	40.30%
Operating Expenses to Revenue	49.70%	53.29%	52.91%	52.96%	49.21%	48.75%	50.37%	50.54%	52.83%	54.10%	50.14%
Earnings before Interest and Taxes (EBIT)	32	29	29	31	35	39	36	38	33	35	35
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	34	30	31	33	37	41	36	40	34	35	36
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.33	1.02	0.92	0.95	1.38	1.19	1.30	1.37	1.45	1.19	1.26
Price to Tangible Book Value (P/TBV)	1.38	1.06	0.94	0.97	1.42	1.22	1.33	1.40	1.48	1.22	1.29
Price to Revenue (P/Rev)	2.57	1.90	1.68	1.81	2.79	2.48	2.77	3.05	3.24	2.79	3.01
Price to Earnings (P/E)	8.32	5.99	5.34	5.74	9.20	7.84	8.49	9.16	9.61	8.42	9.21
Dividend Yield	1.99%	2.66%	2.53%	2.37%	1.52%	1.67%	1.53%	1.41%	1.38%	1.75%	1.67%
Earnings Yield	12.02%	16.68%	18.72%	17.42%	10.87%	12.75%	11.78%	10.91%	10.41%	11.87%	10.86%
Enterprise Value to Invested Capital (EV/IC)	1.09	0.84	0.87	0.80	1.15	0.95	1.19	1.15	1.25	1.09	1.03
Enterprise Value to Revenue (EV/Rev)	4.82	2.19	2.51	2.39	3.52	2.43	2.83	2.79	4.04	2.80	2.70
Enterprise Value to EBITDA (EV/EBITDA)	10.73	4.83	5.62	5.32	7.81	5.10	5.86	5.71	8.45	6.06	5.92
Enterprise Value to EBIT (EV/EBIT)	11.76	5.21	5.97	5.63	8.21	5.36	6.11	5.94	8.77	6.22	6.06
Enterprise Value to NOPAT (EV/NOPAT)	15.61	6.93	7.97	7.57	11.64	7.68	8.69	8.39	11.99	8.46	8.28
Enterprise Value to Operating Cash Flow (EV/OCF)	8.63	3.72	5.11	4.40	8.74	6.34	7.52	7.96	10.29	6.94	6.91
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	2.81	10.28	4.13	4.65	0.00	15.98	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.29	0.41	0.57	0.56	0.52	0.23	0.12	0.10	0.44	0.09	0.10
Long-Term Debt to Equity	0.15	0.41	0.14	0.14	0.00	0.11	0.11	0.00	0.00	0.00	0.00
Financial Leverage	0.69	0.28	0.38	0.44	0.88	0.31	0.32	0.30	0.48	0.15	0.11
Leverage Ratio	13.91	14.81	15.33	15.26	14.45	14.06	13.66	13.12	12.55	12.14	12.05
Compound Leverage Factor	13.91	14.81	15.33	15.26	14.45	14.06	13.66	13.12	12.55	12.14	12.05
Debt to Total Capital	56.38%	29.16%	36.49%	35.81%	34.25%	18.46%	10.68%	8.93%	30.76%	8.65%	9.10%
Short-Term Debt to Total Capital	49.71%	0.00%	27.63%	27.02%	34.25%	9.14%	1.26%	8.93%	30.76%	8.65%	9.10%
Long-Term Debt to Total Capital	6.66%	29.16%	8.86%	8.79%	0.00%	9.33%	9.42%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.01%	0.02%	0.02%	0.02%	0.01%	0.02%	0.02%	0.02%	0.00%	0.00%	0.00%
Common Equity to Total Capital	43.61%	70.82%	63.49%	64.17%	65.73%	81.52%	89.30%	91.06%	69.24%	91.35%	90.90%
Debt to EBITDA	5.55	1.68	2.36	2.38	2.33	0.99	0.53	0.44	2.08	0.48	0.52
Net Debt to EBITDA	5.01	0.65	1.85	1.28	1.63	-0.11	0.13	-0.53	1.68	0.03	-0.66
Long-Term Debt to EBITDA	0.66	1.68	0.57	0.58	0.00	0.50	0.46	0.00	0.00	0.00	0.00
Debt to NOPAT	8.07	2.41	3.35	3.39	3.47	1.49	0.78	0.65	2.95	0.67	0.73
Net Debt to NOPAT	7.29	0.93	2.63	1.83	2.44	-0.17	0.19	-0.77	2.38	0.04	-0.92
Long-Term Debt to NOPAT	0.95	2.41	0.81	0.83	0.00	0.75	0.69	0.00	0.00	0.00	0.00
Noncontrolling Interest Sharing Ratio	0.02%	0.03%	0.03%	0.03%	0.02%	0.02%	0.02%	0.02%	0.01%	0.01%	0.01%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-494	-101	-229	-188	299	3.50	136	112	-107	-24	-80
Operating Cash Flow to CapEx	29,320.99%	13,252.09%	4,700.00%	10,583.51%	5,936.82%	15,102.42%	11,435.92%	6,116.07%	3,930.35%	1,951.74%	0.00%
Free Cash Flow to Firm to Interest Expense	-44.13	-5.72	-9.98	-6.85	10.43	0.12	4.56	3.66	-3.64	-0.80	-2.57
Operating Cash Flow to Interest Expense	4.74	1.97	1.19	1.45	0.53	1.08	0.94	1.17	0.98	1.14	0.80
Operating Cash Flow Less CapEx to Interest Expense	4.72	1.96	1.16	1.43	0.53	1.07	0.93	1.15	0.96	1.08	0.82
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04
Fixed Asset Turnover	24.43	26.83	29.05	30.10	32.91	36.20	39.14	42.38	44.48	43.38	41.09
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,167	733	832	851	890	757	723	767	1,022	806	829
Invested Capital Turnover	0.29	0.42	0.41	0.38	0.28	0.40	0.39	0.39	0.33	0.40	0.41
Increase / (Decrease) in Invested Capital	519	122	250	211	-276	24	-109	-84	132	49	106
Enterprise Value (EV)	1,272	614	722	682	1,024	721	860	878	1,276	882	857
Market Capitalization	678	531	484	517	809	736	840	959	1,023	878	952
Book Value per Share	$16.59	$16.89	$17.26	$17.93	$19.26	$20.22	$21.16	$22.78	$23.07	$23.98	$24.65
Tangible Book Value per Share	$16.07	$16.37	$16.75	$17.43	$18.76	$19.73	$20.68	$22.31	$22.60	$23.52	$24.19
Total Capital	1,167	733	832	851	890	757	723	767	1,022	806	829
Total Debt	658	214	304	305	305	140	77	68	314	70	75
Total Long-Term Debt	78	214	74	75	0.00	71	68	0.00	0.00	0.00	0.00
Net Debt	594	83	238	165	214	-15	19	-81	254	3.96	-96
Capital Expenditures (CapEx)	0.18	0.26	0.58	0.38	0.26	0.21	0.25	0.59	0.74	1.75	-0.71
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	658	214	304	305	305	140	77	68	314	70	75
Total Depreciation and Amortization (D&A)	1.93	1.54	1.69	1.87	1.30	2.20	0.64	1.93	0.66	0.41	0.49
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.79	$0.69	$0.71	$0.73	$0.75	$0.89	$0.88	$0.91	$0.80	$0.82	$0.85
Adjusted Weighted Average Basic Shares Outstanding	30.74M	30.61M	30.46M	30.39M	30.51M	30.52M	30.64M	30.67M	30.69M	30.59M	30.11M
Adjusted Diluted Earnings per Share	$0.79	$0.69	$0.70	$0.73	$0.74	$0.89	$0.87	$0.90	$0.78	$0.81	$0.84
Adjusted Weighted Average Diluted Shares Outstanding	30.74M	30.61M	30.46M	30.39M	30.51M	30.52M	30.64M	30.67M	30.69M	30.59M	30.11M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	30.74M	30.61M	30.46M	30.39M	30.51M	30.52M	30.64M	30.67M	30.69M	30.59M	30.11M
Normalized Net Operating Profit after Tax (NOPAT)	25	21	22	22	23	27	27	28	24	25	26
Normalized NOPAT Margin	34.59%	29.44%	30.51%	31.64%	29.57%	34.82%	34.10%	34.48%	31.44%	32.51%	32.11%
Pre Tax Income Margin	44.11%	39.87%	41.53%	44.19%	45.90%	49.22%	45.60%	47.17%	42.44%	45.12%	43.81%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.82	1.64	1.28	1.13	1.23	1.33	1.20	1.25	1.12	1.15	1.14
NOPAT to Interest Expense	2.21	1.21	0.94	0.81	0.79	0.94	0.90	0.91	0.83	0.83	0.83
EBIT Less CapEx to Interest Expense	2.80	1.62	1.26	1.12	1.22	1.33	1.19	1.23	1.10	1.10	1.16
NOPAT Less CapEx to Interest Expense	2.19	1.19	0.92	0.80	0.78	0.94	0.89	0.89	0.81	0.77	0.86
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	13.76%	13.31%	13.76%	13.84%	14.02%	13.17%	13.10%	13.00%	13.37%	14.78%	15.61%
Augmented Payout Ratio	31.41%	29.01%	21.61%	23.46%	24.87%	21.24%	19.08%	16.38%	16.53%	22.63%	32.27%

Financials Breakdown Chart

Key Financial Trends

Amalgamated Financial (NASDAQ: AMAL) has demonstrated solid financial performance over the past four years, as reflected in its quarterly financial data from Q2 2022 through Q2 2025. Here are the key highlights and trends for investors:

Steady Net Income Growth: The consolidated net income increased from approximately $19.6 million in Q2 2022 to nearly $26.0 million in Q2 2025, showing consistent profitability enhancement over the years.
Rising Earnings Per Share (EPS): Basic EPS rose from $0.64 in Q2 2022 to $0.85 in Q2 2025, indicating improved shareholder value and earnings growth.
Increasing Net Interest Income: Net interest income grew from around $56.5 million in Q2 2022 to over $72.9 million in Q2 2025, supported by higher loans and leases interest income and investment securities interest income.
Strong Cash Flow from Operating Activities: Net cash from continuing operating activities consistently generated positive inflows, with $27.3 million in Q2 2022 increasing to $24.9 million in Q2 2025, indicating efficient cash generation from core operations.
Growing Loan Portfolio: Net loans and leases balance increased substantially from $3.61 billion in Q2 2022 to $4.66 billion in Q2 2025, highlighting the company's expanding lending activities.
Increase in Deposits: The company’s deposits grew steadily, with net changes in deposits showing positive inflows, reaching $321.2 million in Q2 2025, which improves liquidity and reduces dependence on external borrowing.
Stable Non-Interest Income: Non-interest income fluctuated but remained a moderate portion of total revenue, supporting diversified income streams.
Moderate Provision for Credit Losses: Credit loss provisions have increased from $2.9 million in Q2 2022 to $4.9 million in Q2 2025, reflecting prudent risk management though increasing credit expenses could pressure margins.
Rising Non-Interest Expenses: Total non-interest expenses rose from approximately $34.3 million in Q2 2022 to $40.6 million in Q2 2025, indicating growing operating costs that could impact profitability if revenue growth slows.
Significant Investing Activities Outflows: Net cash used in investing activities was substantial, reaching negative $232.4 million in Q2 2025, driven mainly by large purchases of investment securities exceeding sales, which could affect liquidity if not managed carefully.

Summary: Amalgamated Financial has exhibited healthy growth in key financial metrics such as net income, EPS, and net interest income. The expanding loan portfolio and deposits underpin its core banking operations, while consistent operating cash flows reinforce financial stability. However, investors should monitor the rising non-interest expenses and heavy investing outflows, as these factors may pressure margins and liquidity in coming periods. Overall, AMAL’s financial trajectory appears positive with prudent risk management practices in place.

10/09/25 12:08 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Amalgamated Financial's Financials

When does Amalgamated Financial's financial year end?

According to the most recent income statement we have on file, Amalgamated Financial's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Amalgamated Financial's net income changed over the last 6 years?

Amalgamated Financial's net income appears to be on an upward trend, with a most recent value of $106.43 million in 2024, rising from $44.65 million in 2018. The previous period was $87.98 million in 2023. Check out Amalgamated Financial's forecast to explore projected trends and price targets.

How has Amalgamated Financial's revenue changed over the last 6 years?

Over the last 6 years, Amalgamated Financial's total revenue changed from $178.06 million in 2018 to $315.65 million in 2024, a change of 77.3%.

How much debt does Amalgamated Financial have?

Amalgamated Financial's total liabilities were at $7.55 billion at the end of 2024, a 2.2% increase from 2023, and a 56.1% increase since 2019.

How much cash does Amalgamated Financial have?

In the past 5 years, Amalgamated Financial's cash and equivalents has ranged from $2.86 million in 2023 to $8.62 million in 2021, and is currently $4.04 million as of their latest financial filing in 2024.

How has Amalgamated Financial's book value per share changed over the last 6 years?

Over the last 6 years, Amalgamated Financial's book value per share changed from 0.00 in 2018 to 23.07 in 2024, a change of 2,307.4%.

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This page (NASDAQ:AMAL) was last updated on 10/9/2025 by MarketBeat.com Staff

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Amalgamated Financial (AMAL) Financials

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Amalgamated Financial (AMAL) Financials

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