Amalgamated Financial Corp.
Amalgamated Financial Corp. is classified under Financials / Banks and appears profitable on the latest normalized snapshot.
Business. Amalgamated Financial Corp. (Nasdaq: AMAL) is a commercial bank operating within the Banking Services industry group. The company generates revenue primarily through interest income, consistent with standard commercial banking models. Specific details regarding operating segments and geographic concentrations are not provided. The firm is headquartered in the United States and trades on the Nasdaq stock exchange.
Analyst recommendations
2 analysts · consensus Buy- DividendDividend USD 0.17/sh2026-08-20
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
At a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
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- Company
- DividendDividend USD 0.17/sh2026-08-20
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Peers
- DividendDividend USD 1.75/sh2026-09-25 · Bank of America (BAC)
- EarningsQ3 2026 earnings (expected)2026-10-13 · estimated · JPMorgan Chase (JPM)
- EarningsQ3 2026 earnings (expected)2026-10-13 · estimated · Citigroup (C)
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Amalgamated Financial Corp. (Nasdaq: AMAL) is a commercial bank operating within the Banking Services industry group. The company generates revenue primarily through interest income, consistent with standard commercial banking models. Specific details regarding operating segments and geographic concentrations are not provided. The firm is headquartered in the United States and trades on the Nasdaq stock exchange.
Amalgamated Financial Corp. (AMAL) is currently classified as Commercial Banks within Banks (Financials). Classification confidence: 0.93 (rule-based classification). Capital structure on the latest snapshot: total assets 9,170,892,000 USD, total equity 807,574,000, short-term debt 0, long-term debt 0. Net cash position is approximately 179,728,000 USD. Self-calculated market cap is 1,467,400,500 USD (market_price × shares_outstanding_diluted). Profitability profile: revenue 0, gross profit 0, operating income 0, net income 25,223,000. Return on equity ~3.1%. Return on assets ~0.3%. Operating-cash-flow to net-income ratio is 2.25. Risk profile from automated assessment: liquidity risk low, dilution risk low. Flags: No immediate filing-based liquidity or dilution flags were detected.. Recent news context: [TRIGGER] allocator_boost: allocator_boost (allocator) on AMAL — watcher=allocator; producer_version=ws49-p2a-v1; plan_date=2026-07-26; rank=20; ev=8.315025; company_id=5cfc0219-3e1b-47bb-b311-e378ff951dc7; jurisdiction=US; term_contributions={'event_proximity': 2.01096, 'gradability': 2.0, 'staleness': 3.610918, 'credibility_interest': 0.693147}; days_since_analysis=36; pending_promises=1; reason=Allocator coverage boost rank #20 EV=8.315025 for AMAL (hot+stale; days_since=36); contributing_watchers=allocator (source=allocator; url=allocator:2026-07-26:AMAL). Additional context: allocator_boost: watcher=allocator; producer_version=ws49-p2a-v1; plan_date=2026-07-26; rank=20; ev=8.315025; company_id=5cfc0219-3e1b-47bb-b311-e378ff951dc7; jurisdiction=US; term_contributions={'event_proximity': 2.01096, 'gradability': 2.0, 'staleness': 3.610918, 'credibility_interest': 0.693147}; days_since_analysis=36; pending_promises=1; reason=Allocator coverage boost rank #20 EV=8.315025 for AMAL (hot+stale; days_since=36); contributing_watchers=allocator. Comparable peers identified within the same class: JPMorgan Chase, Bank of America, Citigroup.
- Observed GAAP P/E is about 58.18x.
- Return on equity is about 3.1%.
- Debt to equity is about 0.0x.
- [TRIGGER] allocator_boost: allocator_boost (allocator) on AMAL — watcher=allocator; producer_version=ws49-p2a-v1; plan_date=2026-07-26; rank=20; ev=8.315025; company_id=5cfc0219-3e1b-47bb-b311-e378ff951dc7; jurisdiction=US; term_contributions={'event_proximity': 2.01096, 'gradability': 2.0, 'staleness': 3.610918, 'credibility_interest': 0.693147}; days_since_analysis=36; pending_promises=1; reason=Allocator coverage boost rank #20 EV=8.315025 for AMAL (hot+stale; days_since=36); contributing_watchers=allocator (source=allocator; url=allocator:2026-07-26:AMAL)
- Likely peers from the same classification include JPMorgan Chase, Bank of America, Citigroup.
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Bull / Bear case
Generated · model-assistedNet income grew at a 10% CAGR from FY2023 to FY2025, demonstrating consistent profitability expansion over the period.
Free cash flow reached $134.4 million in FY2025, indicating strong cash generation capabilities for the financial institution.
Analysts assign a mean price target of $51, implying 4.8% upside from the current market price of $48.66.
The company exhibits low liquidity and dilution risks, suggesting a stable capital structure and shareholder value protection.
Cash conversion ratio of 2.25 exceeds the bank cohort median of 1.15, highlighting superior efficiency in generating cash.
Total assets declined by 6.9% year-over-year in FY2025, signaling a shrinking balance sheet and potential business contraction.
Equity decreased by 10.9% year-over-year in FY2025, reflecting a substantial reduction in shareholder capital base.
Free cash flow dropped 9.0% year-over-year in FY2025, suggesting weakening cash generation trends despite income growth.
Return on assets of 0.28% is extremely low, indicating minimal profitability relative to the total asset base employed.
In focus — financials by report
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 3,96 |
| Revenue | —no estimate | —no estimate | 379,5M USD |
| Operating income | —no estimate | —no estimate | —no estimate |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Regulatory filings
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Price To Tangible Bookmarket_price / (tangible_book_value / shares_outstanding_diluted)
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Return On Equitynet_income / total_equity
- Enterprise Valuemarket_cap - net_cash
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Amalgamated Financial Corp. company facts · 2026-07-26
- Amalgamated Financial Corp. 10-Q 2026-05-05 · 2026-07-26
- Amalgamated Financial Corp. 10-K 2026-03-05 · 2026-07-26
- Amalgamated Financial Corp. 10-Q 2025-11-04 · 2026-07-26
- Amalgamated Financial Corp. 10-Q 2025-08-05 · 2026-07-26
- allocator_boost (allocator) on AMAL · 2026-07-26
- Amalgamated Financial Corp Market data — analyst estimates · 2026-07-26
- Amalgamated Financial Corp Market data — ESG · 2026-07-26
- Amalgamated Financial Corp. HA canonical relationships · 2026-07-26
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,01 %$26M
- Investment Managers · as of 2026-03-310,01 %$55M
- Investment Managers · as of 2026-03-310,01 %$24M
- Investment Managers · as of 2026-03-310,00 %$4M
- Investment Managers · as of 2026-03-310,00 %$5M
- Investment Managers · as of 2024-12-310,00 %$7M
- Investment Managers · as of 2024-06-300,00 %$79M
- Investment Managers · as of 2026-03-310,00 %$22M
- Investment Managers · as of 2026-03-310,00 %$9M
- Institutional Investor · as of 2026-03-310,00 %$6M
- Investment Managers · as of 2026-03-310,00 %$7M
- Investment Managers · as of 2026-03-310,00 %$29M
- Investment Managers · as of 2026-03-310,00 %$7M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$3M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2025-12-310,00 %$46M
- Investment Managers · as of 2026-03-310,00 %$1M
- Institutional Investor · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$5M
- Investment Managers · as of 2026-03-310,00 %$1M
- Funds · as of 2026-03-310,00 %$2M
- Institutional Investor · as of 2026-03-310,00 %$4M
- Brokerage Firms · as of 2026-03-310,00 %$1M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
Insider activity
- Director · Common StockSold 2 138 @ $49,55$106K · 2026-07-30
- Senior Executive VP and CFO · Common StockSold 2 500 @ $43,25$108K · 2026-06-11
- Senior Executive VP and CFO · Common StockSold 250 @ $43,33$11K · 2026-06-11
- Senior Executive VP and CFO · Common StockSold 250 @ $43,75$11K · 2026-06-11
- Director · Common StockSold 2 089 @ $41,39$86K · 2026-06-10
- EVP & Chief Accounting Officer · Common StockSold 2 500 @ $43,51$109K · 2026-06-09
- Director · Common StockOther 1 623 @ $40,05$65K · 2026-05-20
- Director · Common StockOther 1 623 @ $40,05$65K · 2026-05-20
- Director · Common StockOther 1 623 @ $40,05$65K · 2026-05-20
- Director · Common StockOther 1 623 @ $40,05$65K · 2026-05-20
- Director · Common StockOther 1 623 @ $40,05$65K · 2026-05-20
- Director · Common StockOther 1 623 @ $40,05$65K · 2026-05-20
- Director · Common StockOther 1 623 @ $40,05$65K · 2026-05-20
- Director · Common StockOther 1 623 @ $40,05$65K · 2026-05-20
- Director · Common StockOther 1 623 @ $40,05$65K · 2026-05-20
- Director · Common StockOther 1 623 @ $40,05$65K · 2026-05-20
- Director · Common StockOther 1 623 @ $40,05$65K · 2026-05-20
- Director · Common StockOther 1 623 @ $40,05$65K · 2026-05-20
- EVP Chief Info. & Ops. Officer · Common StockSold 748 @ $40,02$30K · 2026-04-07
- EVP, Chief Legal Officer · Common StockSold 747 @ $40,02$30K · 2026-04-07
- President & CEO · Common StockOther 5 020 @ $39,08$196K · 2026-04-01
- Senior Executive VP and CFO · Common StockOther 1 797 @ $39,08$70K · 2026-04-01
- Chief Strategy & Admin Officer · Common StockOther 340 @ $39,08$13K · 2026-04-01
- EVP Chief Info. & Ops. Officer · Common StockSold 4 948 @ $39,42$195K · 2026-04-01
- SEVP, Chief Banking Officer · Common StockOther 839 @ $39,08$33K · 2026-04-01
Short positioning
Geographic breakdown
Intel & risk
no material change vs prior analysis (walked 17 fields; 4 schema-expansion field(s) excluded)
- Narrative— → —medium
- Conclusion— → —medium
- Key takeaways— → —medium
Evidence & claims
From filings & derived data- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): 9.4%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): -1.9%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 7.4%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 7.0%Derived (calculated)
- Return on assets (FY 2025-12-31): 1.2%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): -1.1%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): -0.9%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 379.4%Derived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): -22.3%Derived (calculated)
- Total assets (annual): USD 8.87BSEC XBRL filing
- Operating cash flow (annual): USD 135.78MSEC XBRL filing
- Shares outstanding (annual): 29.82MSEC XBRL filing
- Capex (annual): USD 1.38MSEC XBRL filing
- Net income (annual): USD 104.45MSEC XBRL filing
- Total liabilities (annual): USD 8.08BSEC XBRL filing
- Cash & equivalents (annual): USD 291.22MSEC XBRL filing
- EPS (diluted) (annual): USD-PER-SHARES 3SEC XBRL filing
- EPS (basic) (annual): USD-PER-SHARES 3SEC XBRL filing
- Return on assets (FY 2024-12-31): 1.3%Derived (calculated)
- EPS (basic) (YoY) (2024-12-31 vs 2023-12-31): 20.8%Derived (calculated)
- Shareholders' equity (YoY) (2024-12-31 vs 2023-12-31): 20.9%Derived (calculated)
- Total assets (YoY) (2024-12-31 vs 2023-12-31): 3.6%Derived (calculated)
- Total liabilities (YoY) (2024-12-31 vs 2023-12-31): 2.2%Derived (calculated)
- Debt-to-equity (FY 2024-12-31): 10.67xDerived (calculated)