Amalgamated Bank ( (AMAL) ) has released its Q2 earnings. Here is a breakdown of the information Amalgamated Bank presented to its investors.
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Amalgamated Financial Corp., a Delaware public benefit corporation, operates as a bank holding company through its subsidiary, Amalgamated Bank, providing commercial banking and financial services with a focus on values-based banking and sustainability.
In its second quarter of 2025 financial results, Amalgamated Financial Corp. reported solid growth in deposits and loans, maintaining a strong net interest margin of 3.55%. The company achieved a net income of $26.0 million, or $0.84 per diluted share, reflecting a slight increase from the previous quarter.
Key financial metrics included a 4.3% increase in on-balance sheet deposits to $7.7 billion and a 0.8% rise in net loans receivable to $4.7 billion. The bank’s Common Equity Tier 1 Capital Ratio stood at 14.13%, and the tangible book value per share increased to $24.33. Additionally, the bank repurchased approximately 327,000 shares, with $30.3 million remaining under the share repurchase program.
Amalgamated’s management remains optimistic about the future, emphasizing the flexibility of its banking model to drive performance and deliver reliability for stakeholders. The bank continues to focus on strategic growth in its commercial and industrial loan portfolios while managing credit risks effectively.