Amalgamated Bank (AMAL) AI Stock Analysis

• Market Cap: $898.09M
• Dividend Yield: 1.87%
• Average Volume (3M): 177.25K
• Price to Earnings (P/E): 9.0
• Beta (1Y): 0.93
• Revenue Growth: 4.33%
• EPS Growth: -2.20%
• Country: US
• Employees: 429
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.91
• Shares Outstanding: 29,936,320
• 10 Day Avg. Volume: 200,121
• 30 Day Avg. Volume: 177,254
• PEG Ratio: 0.46
• Price to Book (P/B): 1.45
• Price to Sales (P/S): 2.35
• P/FCF Ratio: 8.37
• Enterprise Value/Market Cap: 1.01
• Enterprise Value/Revenue: 2.06
• Enterprise Value/Gross Profit: 2.94
• Enterprise Value/Ebitda: 6.25
• 1Y Price Target: $32.00
• Price Target Upside: 6.67% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): 3.5
• Revenue Forecast (FY): $329.30M

• Rating: 78 Outperform
• Price Target: $32.00 ▲(6.67% Upside)

Amalgamated Bank's strong financial performance and positive earnings call are the most significant factors contributing to its score. The low P/E ratio suggests undervaluation, while technical indicators show potential bearish momentum. Continued focus on improving cash flow efficiency and managing expenses will be crucial for future performance.

Positive Factors

Revenue Growth

Strong revenue growth demonstrates Amalgamated Bank's ability to expand its business operations and capture market share, supporting long-term financial stability.

Credit Quality Improvement

Improved credit quality reduces risk and enhances the bank's financial health, supporting sustainable profitability and resilience against economic downturns.

Digital Modernization

The launch of a digital platform enhances operational efficiency and customer experience, positioning the bank for sustained growth in a digital-first market.

Negative Factors

Cash Flow Efficiency

Weak cash flow efficiency can limit the bank's ability to reinvest in growth opportunities and manage financial obligations, impacting long-term financial flexibility.

Rising Noninterest Expense

Increasing noninterest expenses can pressure profitability, requiring careful management to maintain margins and support sustainable financial performance.

Elevated Net Charge-Offs

High net charge-offs indicate potential credit risk, which can impact the bank's financial health and require increased provisioning, affecting future earnings.

Amalgamated Bank Business Overview & Revenue Model

Company Description

Amalgamated Bank (AMAL) is a financial institution headquartered in New York City, primarily focused on providing banking services to individuals, businesses, and non-profit organizations. The bank specializes in a range of services including personal and business banking, commercial lending, investment management, and social responsibility initiatives. As a leader in socially responsible banking, Amalgamated Bank emphasizes sustainable practices and aims to promote economic justice through its financial products and services.

How the Company Makes Money

Amalgamated Bank generates revenue through several key streams. The primary source of income comes from interest earned on loans provided to customers, including personal, commercial, and mortgage loans. Additionally, the bank earns fees from various services such as account maintenance, transaction processing, and wealth management. The bank also benefits from investments in securities and other financial products. Partnerships with community organizations and participation in initiatives that promote social responsibility may further enhance its reputation and customer base, indirectly contributing to revenue growth. Overall, the combination of interest income, service fees, and investment income solidifies Amalgamated Bank's financial performance.

Amalgamated Bank Financial Statement Overview

Summary

Amalgamated Bank demonstrates strong revenue growth and profitability, supported by a stable balance sheet with low leverage. However, cash flow generation shows some weaknesses, indicating room for improvement in cash flow efficiency.

Income Statement

Amalgamated Bank shows strong revenue growth with a TTM increase of 52.4%, indicating robust business expansion. The gross profit margin remains high at around 70%, reflecting efficient cost management. However, the net profit margin slightly decreased to 23.4% in the TTM, suggesting some pressure on profitability. Overall, the income statement reflects a healthy growth trajectory with stable profitability.

Balance Sheet

The balance sheet is solid with a low debt-to-equity ratio of 0.12 in the TTM, indicating conservative leverage. Return on equity is strong at 14.3%, showcasing effective use of equity to generate profits. The equity ratio stands at 8.7%, which is typical for the banking industry. While the balance sheet is stable, the relatively low equity ratio could be a potential risk in volatile markets.

Cash Flow

Cash flow analysis reveals a slight decline in free cash flow growth at -1.7% in the TTM, indicating potential challenges in cash generation. The operating cash flow to net income ratio is low at 0.016, suggesting limited cash conversion efficiency. However, the free cash flow to net income ratio remains high at 0.98, indicating strong cash flow relative to net income. Overall, cash flow stability is adequate but shows room for improvement.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	442.16M	435.34M	382.48M	285.16M	208.76M	223.69M
Gross Profit	309.63M	306.19M	271.05M	251.51M	202.83M	188.42M
EBITDA	145.79M	151.02M	131.13M	118.51M	75.57M	69.51M
Net Income	103.45M	106.43M	87.98M	81.48M	52.94M	46.19M
Balance Sheet
Total Assets	8.62B	8.26B	7.97B	7.84B	7.08B	5.98B
Cash, Cash Equivalents and Short-Term Investments	772.39M	1.69B	1.57B	1.88B	2.44B	1.58B
Total Debt	90.85M	334.14M	335.57M	698.49M	131.99M	53.17M
Total Liabilities	7.87B	7.55B	7.39B	7.33B	6.51B	5.44B
Stockholders Equity	753.98M	707.65M	585.23M	508.82M	563.74M	535.69M
Cash Flow
Free Cash Flow	121.56M	122.29M	115.75M	145.65M	68.14M	64.16M
Operating Cash Flow	123.92M	124.06M	117.22M	147.32M	70.54M	65.77M
Investing Cash Flow	-261.71M	-315.95M	-134.41M	-1.20B	-865.41M	-755.14M
Financing Cash Flow	250.86M	162.06M	44.21M	788.22M	1.09B	605.60M

Amalgamated Bank Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 30.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AMAL, the sentiment is Positive. The current price of 30 is above the 20-day moving average (MA) of 28.26, above the 50-day MA of 27.52, and above the 200-day MA of 29.05, indicating a bullish trend. The MACD of 0.58 indicates Negative momentum. The RSI at 64.06 is Neutral, neither overbought nor oversold. The STOCH value of 84.22 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AMAL.

Amalgamated Bank Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AMAL	78 Outperform	$898.09M	9.02	13.88%	1.87%	4.33%	-2.20%
CFFN	76 Outperform	$871.29M	12.65	6.53%	5.14%	6.27%	79.25%
HFWA	73 Outperform	$816.66M	14.49	6.43%	4.01%	8.27%	54.96%
AMTB	69 Neutral	$707.71M	10.82	7.21%	1.91%	15.37%	―
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CPF	67 Neutral	$817.70M	12.54	11.65%	3.67%	1.22%	15.97%
HBNC	61 Neutral	$878.89M	―	-26.60%	3.73%	-78.64%	-913.67%

Amalgamated Bank Corporate Events

Amalgamated Financial Corp. Reports Strong Q3 2025 Results

Amalgamated Financial Corp., a Delaware public benefit corporation and bank holding company, operates through its subsidiary Amalgamated Bank, providing commercial banking and financial services with a focus on sustainable and socially responsible banking practices. The bank has a strong presence in New York City, Washington D.C., and San Francisco, and is a certified B Corporation®.

Amalgamated Bank’s Earnings Call Highlights Growth and Challenges

The recent earnings call of Amalgamated Bank painted a largely positive picture, highlighting strong growth in core earnings, loans, and deposits. The bank’s efforts in improving credit quality and launching a digital platform were seen as significant steps forward. However, challenges such as elevated charge-offs and rising expenses were also acknowledged.

Amalgamated Bank Reports Strong Q3 2025 Financial Results

Amalgamated Financial Corp. reported its third-quarter 2025 financial results, highlighting a solid balance sheet and an expanded net interest margin of 3.60%. The company achieved a net income of $26.8 million, with core net income reaching $27.6 million. Deposits saw a notable increase, particularly political deposits, while nonperforming assets decreased significantly. The company also repurchased approximately 347,000 shares of common stock, reflecting strong quarterly earnings and a commitment to shareholder returns.

The most recent analyst rating on (AMAL) stock is a Buy with a $31.00 price target. To see the full list of analyst forecasts on Amalgamated Bank stock, see the AMAL Stock Forecast page.

Amalgamated Bank Declares Quarterly Dividend Announcement

On October 21, 2025, Amalgamated Financial Corp. announced that its Board of Directors declared a quarterly dividend of $0.14 per share, payable on November 20, 2025, to shareholders of record as of November 5, 2025. This decision reflects the company’s ongoing commitment to delivering shareholder value and may influence investor perceptions and market positioning.

The most recent analyst rating on (AMAL) stock is a Buy with a $31.00 price target. To see the full list of analyst forecasts on Amalgamated Bank stock, see the AMAL Stock Forecast page.