Amalgamated Financial Corp. (AMAL) Financial Statements
Industry: State Commercial Banks
In fiscal 2025, Amalgamated Financial reported revenue of $328.7M, up 4.1% from $315.6M the year before. Net income was $104.4M (a 31.8% net margin), or $3.41 per diluted share. Net interest income was $297.8M, and the efficiency ratio (noninterest expense / revenue) was 52.4%. Operating activities generated $135.8M of cash, leaving $134.4M of free cash flow. At fiscal year end, Amalgamated Financial held $8.87B in total assets against $8.08B in total liabilities, including $291.2M of cash and equivalents.
Open the full interactive Amalgamated Financial financials → Quarterly statements, key ratios, valuation history and price charts.
Amalgamated Financial Key Stats
| Share Price | $46.89 |
|---|---|
| Market Cap | $1.42B |
| P/E Ratio | 13.8 |
| Dividend Yield | 1.33% |
| Revenue YoY Growth | +4.1% |
| 52-Week Range | $24.83 – $51.08 |
| Shares Outstanding | 29.9 million (basic, 2026 Q2) |
Amalgamated Financial Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | $180.0M | $174.3M | $239.8M | $261.3M | $282.4M | $297.8M |
| Provision for Credit Losses | $24.8M | -$287,000 | $15.0M | $14.7M | $10.3M | $16.3M |
| Noninterest Income | $40.6M | $28.4M | $23.9M | $29.3M | $33.2M | $30.9M |
| Noninterest Expense | $133.9M | $132.3M | $140.6M | $151.2M | $159.8M | $172.2M |
| Revenue | $220.6M | $202.7M | $263.7M | $290.6M | $315.6M | $328.7M |
| Pre-Tax Income | $61.9M | $70.7M | $108.2M | $124.7M | $145.6M | $140.2M |
| Income Tax | $15.8M | $17.8M | $26.7M | $36.8M | $39.2M | $35.7M |
| Net Income | $46.2M | $52.9M | $81.5M | $88.0M | $106.4M | $104.4M |
| Diluted EPS | $1.48 | $1.68 | $2.61 | $2.86 | $3.44 | $3.41 |
Amalgamated Financial Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $85.6M | $85.2M | $93.4M | $98.4M |
| Net Income | $26.8M | $26.6M | $25.2M | $34.8M |
| Diluted EPS | $0.88 | $0.87 | $0.84 | $1.15 |
Amalgamated Financial Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $38.8M | $330.5M | $63.5M | $90.6M | $60.7M | $291.2M |
| Loans (Net) | — | — | $4.06B | $4.35B | $4.61B | $4.90B |
| Total Assets | $5.98B | $7.08B | $7.84B | $7.97B | $8.26B | $8.87B |
| Deposits | $5.34B | $6.36B | $6.60B | $7.01B | $7.18B | $7.95B |
| Total Long-Term Debt | — | $83.8M | $657.7M | $309.3M | $565.1M | $139.1M |
| Total Liabilities | $5.44B | $6.51B | $7.33B | $7.39B | $7.55B | $8.08B |
| Shareholders' Equity | $535.7M | $563.7M | $508.8M | $585.2M | $707.7M | $794.5M |
Amalgamated Financial Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $65.8M | $70.5M | $147.3M | $117.2M | $124.1M | $135.8M |
| Cash From Investing | -$755.1M | -$865.4M | -$1.20B | -$134.4M | -$315.9M | -$378.0M |
| Cash From Financing | $605.6M | $1.09B | $788.2M | $44.2M | $162.1M | $472.7M |
| Free Cash Flow | $64.2M | $68.1M | $145.7M | $115.7M | $122.3M | $134.4M |
| Dividends Paid | $10.0M | $10.0M | $11.2M | $12.3M | $14.2M | $17.2M |
Figures from Amalgamated Financial's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Amalgamated Financial financials page for every line item.
Amalgamated Financial Company Profile
| Ticker | AMAL |
|---|---|
| Exchange | Nasdaq |
| Industry | State Commercial Banks |
| Headquarters | New York, New York |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0001823608 |
Frequently Asked Questions
What was Amalgamated Financial's revenue in fiscal 2025?
Amalgamated Financial (AMAL) reported revenue of $328.7M for fiscal 2025.
What is Amalgamated Financial's annual revenue history?
Amalgamated Financial's annual revenue by fiscal year: 2020: $220.6M; 2021: $202.7M; 2022: $263.7M; 2023: $290.6M; 2024: $315.6M; 2025: $328.7M.
What was Amalgamated Financial's net income in fiscal 2025?
Amalgamated Financial reported net income of $104.4M for fiscal 2025.
What was Amalgamated Financial's earnings per share (EPS) in fiscal 2025?
Amalgamated Financial's diluted EPS was $3.41 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Amalgamated Financial generate in fiscal 2025?
Amalgamated Financial generated $134.4M of free cash flow in fiscal 2025.
What was Amalgamated Financial's revenue last quarter?
In its most recent reported quarter (2026 Q2), Amalgamated Financial reported revenue of $98.4M.
How much debt does Amalgamated Financial have?
Amalgamated Financial reported $139.1M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Amalgamated Financial are outstanding?
Amalgamated Financial reported a weighted average of 29.9 million basic shares outstanding in 2026 Q2.
What is Amalgamated Financial's market cap?
Based on its latest closing price, Amalgamated Financial (AMAL) has a market capitalization of about $1.42B.
When does Amalgamated Financial's fiscal year end?
Amalgamated Financial's fiscal year end, as registered with the SEC, is December 31.
Where is Amalgamated Financial headquartered?
Amalgamated Financial lists its business address in New York, New York in its SEC filings.