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Amalgamated Bank (AMAL)
NASDAQ:AMAL
Earnings Data
Report Date
Jul 24, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.87Last Year’s EPS
0.85Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 24, 2025
|% Change Since: 5.68%
|Next Earnings Date:Jul 24, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a balanced outlook, with strong deposit growth, solid net interest income, and robust capital returns highlighting the quarter. However, challenges such as an increase in nonperforming assets, higher professional fees, and a nonaccrual loan in the solar sector presented concerns. While the bank remains confident in its growth projections, the balance of positive and negative aspects leads to a neutral sentiment.Company Guidance
During the Amalgamated Financial First Quarter 2025 Earnings Call, the company provided detailed guidance and metrics, demonstrating strong financial performance despite market uncertainties. Core earnings per share were reported at $0.88, supported by net interest income of $70.6 million, aligning with previous guidance of $70-$71 million. The net interest margin was robust at 3.55%, within one basis point of expectations. Total deposits grew by $446 million, with political deposits increasing by $103 million to $1.1 billion, reflecting recovery post-election cycle. The tier one leverage ratio rose to 9.22%, allowing for significant shareholder returns, including a $0.14 per share dividend and a $3.5 million stock repurchase. The company maintained its full-year guidance for core pretax pre-provision earnings at $159-$163 million and net interest income at $293-$297 million, projecting revenue growth and margin expansion for the year.Strong Deposit Growth
Amalgamated Financial experienced $446 million of total deposit growth in Q1, with political deposits increasing by $103 million or 11% to $1.1 billion.
Solid Net Interest Income
Net interest income was $70.6 million, within the guidance range of $70-$71 million, and the net interest margin was strong at 3.55%.
Robust Capital Returns
The bank returned more capital to shareholders than ever before, with a dividend of $0.14 per share and $3.5 million in stock repurchases, bringing the payout ratio to over 30% of earnings.
Resilient Balance Sheet
Amalgamated maintained a low-risk asset profile with high levels of liquidity and improved its CET1 ratio by 43 basis points to 14.32%.
New Headquarters Announcement
Planned move to a new New York City headquarters location in mid-2026 to attract and retain top-tier talent.
Projected Revenue Growth
Despite Q1 being expected to have the most earnings pressure, the bank is confident in revenue growth and margin expansion throughout the year.
AMAL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AMAL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 24, 2025 | $27.98 | $27.58 | -1.43% |
Jan 23, 2025 | $36.28 | $34.50 | -4.91% |
Oct 24, 2024 | $33.56 | $33.12 | -1.31% |
Jul 25, 2024 | $31.35 | $30.78 | -1.82% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Amalgamated Bank (AMAL) report earnings?
Amalgamated Bank (AMAL) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is Amalgamated Bank (AMAL) earnings time?
Amalgamated Bank (AMAL) earnings time is at Jul 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AMAL EPS forecast?
AMAL EPS forecast for the fiscal quarter 2025 (Q2) is 0.87.