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AMAL

Amalgamated Financial Corp

$23.86

Earnings Summary

Revenue
$64.38Mn
Net Profits
$19.61Mn
Net Profit Margins
30.46%
PE Ratio
11.83

Highlights

Revenue:

Amalgamated Financial Corp’s revenue jumped 31.73% since last year same period to $64.38Mn in the Q2 2022. On a quarterly growth basis, Amalgamated Financial Corp has generated 16.3% jump in its revenue since last 3-months.

Net Profits:

Amalgamated Financial Corp’s net profit jumped 88.44% since last year same period to $19.61Mn in the Q2 2022. On a quarterly growth basis, Amalgamated Financial Corp has generated 38.46% jump in its net profits since last 3-months.

Net Profit Margins:

Amalgamated Financial Corp’s net profit margin jumped 43.05% since last year same period to 30.46% in the Q2 2022. On a quarterly growth basis, Amalgamated Financial Corp has generated 19.05% jump in its net profit margins since last 3-months.

PE Ratio:

Amalgamated Financial Corp’s price-to-earnings ratio after this Q2 2022 earnings stands at 11.83.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Amalgamated Financial Corp post its latest quarter earnings

EPS Estimate Current Quarter
0.7
EPS Estimate Current Year
0.7

Highlights

EPS Estimate Current Quarter:

Amalgamated Financial Corp’s earning per share (EPS) estimates for the current quarter stand at 0.7 - a 27.27% jump from last quarter’s estimates.

EPS Estimate Current Year:

Amalgamated Financial Corp’s earning per share (EPS) estimates for the current year stand at 0.7.

Key Ratios

Key ratios of the Amalgamated Financial Corp post its Q2 2022 earnings

Earning Per Share (EPS)
0.65
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.12
Dividend Per Share (DPS)
0.32

Highlights

Earning Per Share (EPS):

Amalgamated Financial Corp’s earning per share (EPS) jumped 103.13% since last year same period to 0.65 in the Q2 2022. This indicates that the Amalgamated Financial Corp has generated 103.13% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Amalgamated Financial Corp’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Amalgamated Financial Corp’s return on equity (ROE) stands at 0.12.

Dividend Per Share (DPS):

Amalgamated Financial Corp declared 0.32 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-06
0.39
0.46
17.95%

Company Information

Amalgamated Bank ('Amalgamated' or the 'Bank'), member of the Amalgamated Financial Corp.), is a mission-driven New York-based full-service commercial bank and a chartered trust company with a combined network of six branches in New York City, Washington D.C., San Francisco, and Boston. Amalgamated provides commercial banking and trust services nationally and offers a full range of products and services to both commercial and retail customers. As of December 31, 2020, its total assets were $6.0 billion while its trust business held $36.8 billion in assets under custody and $15.4 billion in assets under management.

Organisation
Amalgamated Financial Corp
Employees
370
Industry
Finance