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Amalgamated Bank (AMAL)
:AMAL
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AMAL Stock Chart & Stats
Day’s Range― - ―
52-Week Range$21.33 - $38.19
Previous CloseN/A
Volume20.21K
Average Volume (3M)150.64K
Market Cap
$1.08B
Enterprise Value$1.06B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)$402.61M
Price to Earnings (P/E)10.4
Beta1.10
Next Earnings
Jan 23, 2025EPS Estimate
0.88Last Dividend Ex-Date
Nov 05, 2024Dividend Yield1.3%
Share Statistics
EPS (TTM)3.40
Shares Outstanding30,669,304
10 Day Avg. Volume148,712
30 Day Avg. Volume150,639
Standard Deviation0.11
R-Squared0.19
Alpha0.00650
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.48
Price to Cash Flow (P/CF)7.60
P/FCF Ratio4.70
Enterprise Value/Market Cap0.98
Enterprise Value/Revenue3.43
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$43.50Price Target Upside23.23% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Amalgamated Bank News
PremiumCompany Announcements
Amalgamated Bank Highlights Strategies at Investor PresentationsPremiumCompany Announcements
Amalgamated Bank Reports Strong Q3 2024 Financial Results
PremiumCompany Announcements
Amalgamated Bank Announces Regular Quarterly Dividend
PremiumCompany Announcements
Amalgamated Bank Q2 Earnings Discussion and WebcastRisk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
AMAL FAQ
What was Amalgamated Bank’s price range in the past 12 months?
Amalgamated Bank lowest stock price was $21.32 and its highest was $38.19 in the past 12 months.
What is Amalgamated Bank’s market cap?
Amalgamated Bank’s market cap is $1.08B.
When is Amalgamated Bank’s upcoming earnings report date?
Amalgamated Bank’s upcoming earnings report date is Jan 23, 2025 which is in 5 days.
How were Amalgamated Bank’s earnings last quarter?
Amalgamated Bank released its earnings results on Oct 24, 2024. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.08.
Is Amalgamated Bank overvalued?
According to Wall Street analysts Amalgamated Bank’s price is currently Undervalued.
Does Amalgamated Bank pay dividends?
Amalgamated Bank pays a Quarterly dividend of $0.457 which represents an annual dividend yield of 1.3%. See more information on Amalgamated Bank dividends here
What is Amalgamated Bank’s EPS estimate?
Amalgamated Bank’s EPS estimate is 0.88.
How many shares outstanding does Amalgamated Bank have?
Amalgamated Bank has 30,669,304 shares outstanding.
What happened to Amalgamated Bank’s price movement after its last earnings report?
Amalgamated Bank reported an EPS of $0.91 in its last earnings report, beating expectations of $0.83. Following the earnings report the stock price went down -1.329%.
Which hedge fund is a major shareholder of Amalgamated Bank?
Among the largest hedge funds holding Amalgamated Bank’s share is Deerfield Management Company, LP. It holds Amalgamated Bank’s shares valued at 762K.
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Amalgamated Bank Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$43.50 (23.23% Upside)
$43.50 (23.23% Upside)
Blogger Sentiment
Bullish
AMAL Sentiment 70%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 11.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $54.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 4.7%
Last 30 Days ▼ 4.7%
Technicals
SMA
Positive
20 days / 200 days
Momentum
46.58%
12-Months-Change
Fundamentals
Return on Equity
16.82%
Trailing 12-Months
Asset Growth
6.37%
Trailing 12-Months
Company Description
Amalgamated Bank
Amalgamated Bank provides commercial banking services. The firm offers checking, savings, certificates of deposit, money market, and individual retirement accounts, home equity lines of credit options, mortgages, personal loans and lines of credit options. The company was founded in 1923 and is headquartered in New York, NY.
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AMAL Company Deck
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AMAL Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted strong deposit and loan growth, particularly in the political and sustainable segments, and positive financial performance with increased net income and improved return metrics. However, there were notable challenges such as increased charge-offs in the consumer solar and legacy leveraged loan portfolios, and the anticipated outflow of political deposits. Despite these challenges, the overall sentiment leans towards optimism due to the growth achievements and strategic positioning for future opportunities.Read More>---
AMAL Stock 12 Month Forecast
Average Price Target
$43.50
▲(23.23% Upside)
Technical Analysis
WesBanco
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Best Analysts Covering AMAL
1 Year
1 Year Success Rate
11/13 ratings generated profit
1 Year Average Return
+38.76%
reiterated a buy rating 2 months ago
Copying Christopher O'Connell's trades and holding each position for 1 Year would result in 84.62% of your transactions generating a profit, with an average return of +38.76% per trade.
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