Amalgamated Financial (AMAL) Projected to Post Earnings on Thursday
by Renee Jackson · The Cerbat GemAmalgamated Financial (NASDAQ:AMAL – Get Free Report) is expected to release its Q1 2026 results before the market opens on Thursday, April 23rd. Analysts expect Amalgamated Financial to post earnings of $0.9850 per share and revenue of $91.1640 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Thursday, April 23, 2026 at 11:00 AM ET.
Amalgamated Financial (NASDAQ:AMAL – Get Free Report) last announced its quarterly earnings results on Thursday, January 22nd. The company reported $0.99 EPS for the quarter, topping the consensus estimate of $0.91 by $0.08. Amalgamated Financial had a return on equity of 14.60% and a net margin of 23.05%.The business had revenue of $87.91 million for the quarter, compared to analyst estimates of $85.37 million. On average, analysts expect Amalgamated Financial to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Amalgamated Financial Price Performance
AMAL stock opened at $43.08 on Wednesday. Amalgamated Financial has a 1 year low of $25.13 and a 1 year high of $44.01. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.67 and a current ratio of 0.67. The stock’s 50 day moving average price is $39.64 and its 200 day moving average price is $34.41. The firm has a market cap of $1.29 billion, a P/E ratio of 12.63 and a beta of 0.82.
Amalgamated Financial Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, May 21st. Investors of record on Tuesday, May 5th will be paid a $0.17 dividend. The ex-dividend date of this dividend is Tuesday, May 5th. This represents a $0.68 dividend on an annualized basis and a yield of 1.6%. Amalgamated Financial’s dividend payout ratio is presently 19.94%.
Wall Street Analysts Forecast Growth
A number of research firms recently issued reports on AMAL. Piper Sandler began coverage on Amalgamated Financial in a research note on Monday, March 16th. They issued a “neutral” rating and a $41.00 target price on the stock. Weiss Ratings raised Amalgamated Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 26th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Amalgamated Financial currently has an average rating of “Moderate Buy” and an average target price of $40.00.
Get Our Latest Analysis on AMAL
Insiders Place Their Bets
In other Amalgamated Financial news, EVP Sean Searby sold 4,948 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $39.42, for a total transaction of $195,050.16. Following the transaction, the executive vice president owned 23,055 shares of the company’s stock, valued at $908,828.10. This represents a 17.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Tyrone Graham sold 2,285 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $39.91, for a total value of $91,194.35. Following the transaction, the executive vice president directly owned 13,443 shares in the company, valued at approximately $536,510.13. This represents a 14.53% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 8,482 shares of company stock worth $335,658. Corporate insiders own 1.63% of the company’s stock.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Amalgamated Financial by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,654 shares of the company’s stock worth $306,000 after buying an additional 468 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Amalgamated Financial by 17.1% during 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 buying an additional 9,500 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of Amalgamated Financial by 373.1% during the 1st quarter. Jane Street Group LLC now owns 44,284 shares of the company’s stock worth $1,273,000 after buying an additional 34,923 shares during the last quarter. Legal & General Group Plc increased its holdings in shares of Amalgamated Financial by 11.6% during the 2nd quarter. Legal & General Group Plc now owns 21,476 shares of the company’s stock worth $670,000 after buying an additional 2,231 shares during the last quarter. Finally, Rhumbline Advisers increased its holdings in shares of Amalgamated Financial by 27.9% during the 2nd quarter. Rhumbline Advisers now owns 35,442 shares of the company’s stock worth $1,106,000 after buying an additional 7,741 shares during the last quarter. Hedge funds and other institutional investors own 75.93% of the company’s stock.
About Amalgamated Financial
Amalgamated Financial Corp. (NASDAQ: AMAL) is the bank holding company for Amalgamated Bank, a fully insured commercial bank with a historic mission of serving labor unions, progressive non-profits and mission-driven organizations. Founded in 1923 by the Amalgamated Clothing Workers of America, Amalgamated Bank has grown into a national institution offering a broad suite of banking services, including deposit accounts, commercial and consumer lending, cash management, and treasury solutions tailored to organizations with social responsibility or union affiliations.
In addition to core banking, Amalgamated Financial provides wealth management and trust services, retirement plan consulting and impact investing strategies.