Amalgamated Financial (AMAL) Expected to Announce Earnings on Thursday

Amalgamated Financial (NASDAQ:AMAL) will likely be issuing its Q2 2025 quarterly earnings data before the market opens on Thursday, July 24th. Analysts expect the company to announce earnings of $0.90 per share and revenue of $82.52 million for the quarter.

Amalgamated Financial (NASDAQ:AMAL) last posted its quarterly earnings data on Thursday, April 24th. The company reported $0.88 earnings per share for the quarter, meeting the consensus estimate of $0.88. The business had revenue of $79.69 million for the quarter, compared to analysts’ expectations of $74.78 million. Amalgamated Financial had a return on equity of 15.68% and a net margin of 23.99%. During the same period in the previous year, the firm posted $0.89 EPS. On average, analysts expect Amalgamated Financial to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Amalgamated Financial Stock Performance

Amalgamated Financial stock opened at $32.82 on Thursday. The stock’s 50 day simple moving average is $31.09 and its two-hundred day simple moving average is $31.18. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.65 and a current ratio of 0.65. The stock has a market cap of $1.00 billion, a price-to-earnings ratio of 9.74 and a beta of 0.85. Amalgamated Financial has a fifty-two week low of $25.03 and a fifty-two week high of $38.19.

Amalgamated Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Tuesday, May 6th were given a dividend of $0.14 per share. The ex-dividend date was Tuesday, May 6th. This represents a $0.56 annualized dividend and a yield of 1.71%. Amalgamated Financial’s payout ratio is 16.62%.

Institutional Trading of Amalgamated Financial

A number of hedge funds have recently made changes to their positions in AMAL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Amalgamated Financial by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,654 shares of the company’s stock worth $306,000 after purchasing an additional 468 shares in the last quarter. Jane Street Group LLC raised its holdings in Amalgamated Financial by 373.1% in the 1st quarter. Jane Street Group LLC now owns 44,284 shares of the company’s stock worth $1,273,000 after acquiring an additional 34,923 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Amalgamated Financial by 17.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 65,110 shares of the company’s stock worth $1,872,000 after acquiring an additional 9,500 shares during the last quarter. 75.93% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods cut their price objective on Amalgamated Financial from $41.00 to $39.00 and set an “outperform” rating on the stock in a research report on Friday, April 25th.

About Amalgamated Financial

Amalgamated Financial Corp. operates as the bank holding company for Amalgamated Bank that provides commercial and retail banking, investment management, and trust and custody services for commercial and retail customers in the United States. The company accepts various deposit products, including non-interest bearing accounts, interest-bearing demand products, savings accounts, money market accounts, NOW accounts, and certificates of deposit.