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Amalgamated Bank ( (AMAL) ) just unveiled an update.
On July 1, 2025, Amalgamated Financial Corp. announced the expansion of its Board of Directors from eleven to thirteen members, appointing Steven SaLoutos and Royce Anthony Wells to fill the new positions. Both bring decades of experience in banking and other regulated industries, with SaLoutos serving as CFO of ProSight Financial Association and Wells as a Venture Partner at AZ-VC. Their appointments are expected to enhance the board’s strategic capabilities and align with Amalgamated’s focus on profitability and social impact. The new directors will receive compensation in the form of restricted stock units, which vest after one year.
The most recent analyst rating on (AMAL) stock is a Hold with a $38.00 price target. To see the full list of analyst forecasts on Amalgamated Bank stock, see the AMAL Stock Forecast page.
Spark’s Take on AMAL Stock
According to Spark, TipRanks’ AI Analyst, AMAL is a Outperform.
Amalgamated Bank’s strong financial performance and attractive valuation drive the overall stock score. The neutral sentiment from the earnings call and moderate technical indicators provide a balanced outlook.
To see Spark’s full report on AMAL stock, click here.
More about Amalgamated Bank
Amalgamated Financial Corp. is a Delaware public benefit corporation and a bank holding company that operates through its wholly owned subsidiary, Amalgamated Bank. The bank is a full-service commercial bank and chartered trust company with branches in New York City, Washington D.C., and San Francisco, and a commercial office in Boston. Founded in 1923, it offers a range of commercial banking and trust services nationally and is a member of the Global Alliance for Banking on Values and a certified B Corporation®. As of March 31, 2025, the bank reported total assets of $8.3 billion, total net loans of $4.6 billion, and total deposits of $7.4 billion.
Average Trading Volume: 202,656
Technical Sentiment Signal: Strong Buy
Current Market Cap: $965.1M
For an in-depth examination of AMAL stock, go to TipRanks’ Overview page.