Amalgamated Financial Corp. (AMAL) AI Stock Analysis

Amalgamated Financial Corp. is the bank holding company for Amalgamated Bank, founded in 1923 and based in New York, New York. The institution provides retail and commercial banking solutions across the United States. Its deposit products include non-interest bearing accounts, savings, money market accounts, NOW accounts, and certificates of deposit. On the lending side, it originates commercial and industrial loans, multifamily mortgages, commercial real estate loans, residential mortgages, and consumer financing. It also offers trust and custody services, asset safekeeping, proxy services, investment management, online banking, and cash management.

Between FY2020 and FY2025, revenue grew at a 5-year CAGR of 15.3%, rising from $208.8M in FY2021 to $455.0M in FY2025. Annual net income increased from $52.9M in FY2021 to $104.4M in FY2025, though it softened slightly from $106.4M in FY2024. Diluted EPS reached $3.66 in FY2025 compared to $1.72 in FY2021. For the latest quarter ended June 30, 2026, quarterly revenue grew 23.5% year-over-year, while quarterly earnings grew 36.9% year-over-year. Trailing twelve-month revenue stands at $333.9M with EPS of $3.72.

As of June 30, 2026, Amalgamated Financial reported total assets of $9.41B and shareholders' equity of $835.0M. Cash and short-term investments totaled $4.2M against total debt of $78.8M, resulting in net debt of $74.7M and a debt-to-equity ratio of 0.09. In FY2025, the company generated $135.8M in operating cash flow and $134.4M in free cash flow. Capital deployment in FY2025 included $1.4M in capital expenditures, $35.2M in share buybacks, and $17.2M in dividends paid.

At $47.13, Amalgamated Financial trades at a trailing price-to-earnings ratio of 12.7x, compared to the median of 12.1x for its US-listed Financial Services peers. Its price-to-sales multiple is 4.2x versus the peer median of 3.2x, while its price-to-book ratio is 1.7x. The company's enterprise value is $1.26B with an EV-to-revenue multiple of 3.9x. Over the past year, AMAL returned 89.8% compared to a 16.8% return for the S&P 500 (SPY), and over five years it gained 199.0% versus 83.0% for the index.

AMAL pays a quarterly dividend with a forward annualized rate of $0.68 per share, representing a dividend yield of 1.44%. The payout ratio is 17.1%, and dividends have been paid for 9 consecutive years. The annualized 5-year dividend growth rate is 11.8%, and the most recent ex-dividend date was August 4, 2026.

Wall Street coverage includes 2 Buy ratings and 1 Hold rating, with no Sell or Strong Sell ratings. The mean price target is $55.33, implying 17.4% upside from the last close of $47.13. For FY2026, analysts estimate EPS of $4.04 on revenue of $384.8M. For FY2027, consensus estimates project EPS of $4.64 on revenue of $410.0M. The company beat EPS estimates in 3 of the last 4 quarters, with the next earnings release scheduled for October 22, 2026.

This page is an AI-written research summary of Amalgamated Financial Corp. (AMAL). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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