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AMAL — Amalgamated Financial News Story

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Amalgamated Financial Corp reports results for the quarter ended June 30 - Earnings Summary

Amalgamated Financial Corp AMAL.OQ reported quarterly adjusted earnings of 88 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 85 cents.  The mean expectation of two analysts for the quarter was for earnings of 87 cents per share. Wall Street expected results to range from 84 cents to 90 cents per share.

Revenue rose 9.9% to $80.93 million from a year ago; analysts expected $82.52 million.

Amalgamated Financial Corp's reported EPS for the quarter was 84 cents​.

The company reported quarterly net income of $25.99 million.

Amalgamated Financial Corp shares had risen by 6.5% this quarter and lost 0.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"

Wall Street's median 12-month price target for Amalgamated Financial Corp is $35.50, about 6.4% above its last closing price of $33.22

This summary was machine generated from LSEG data July 24 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.870.88Beat
Mar. 31 20250.800.88Beat
Dec. 31 20240.880.90Beat
Sep. 30 20240.830.91Beat

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