Amalgamated Financial (NASDAQ:AMAL) Hits New 52-Week High on Strong Earnings

Amalgamated Financial Corp. (NASDAQ:AMAL) hit a new 52-week high during mid-day trading on Thursday after the company announced better than expected quarterly earnings. The company traded as high as $37.68 and last traded at $36.8450, with a volume of 21894 shares. The stock had previously closed at $36.03.

The company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.08. The firm had revenue of $87.91 million for the quarter, compared to analysts’ expectations of $85.37 million. Amalgamated Financial had a return on equity of 14.80% and a net margin of 23.05%.

Amalgamated Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 19th. Investors of record on Tuesday, February 3rd will be given a $0.17 dividend. This is a positive change from Amalgamated Financial’s previous quarterly dividend of $0.14. The ex-dividend date is Tuesday, February 3rd. This represents a $0.68 dividend on an annualized basis and a yield of 1.8%. Amalgamated Financial’s payout ratio is 16.87%.

More Amalgamated Financial News

Here are the key news stories impacting Amalgamated Financial this week:

• Positive Sentiment: Q4 earnings beat and strong profitability: AMAL reported $0.99 GAAP/core EPS vs. ~$0.91 expected and highlighted solid margins and core net income, which supports valuation metrics and investor confidence. Q4 Results & Deposit Growth (Business Wire)
• Positive Sentiment: Record deposit inflows: management reported nearly $1 billion of linked‑quarter deposit growth, improving funding mix and supporting near‑term NII expansion and liquidity. Q4 Deep Dive — Deposit Growth (Yahoo Finance)
• Positive Sentiment: Management guidance for growth: the bank is targeting 10%–11% net interest income growth in 2026 and plans to grow political deposit relationships and its C‑PACE lending portfolio — a clear NII/fee growth lever. NII Guidance & Growth Plans (Seeking Alpha)
• Positive Sentiment: Dividend increase: the board raised the quarterly dividend (reported ~21% hike), which can attract income investors and signals management comfort with capital — watch capital ratios for sustainability. Dividend Hike Analysis (Yahoo)
• Neutral Sentiment: Primary materials available: the full earnings slide deck and call transcript are published for deeper review of reserves, asset quality and margin drivers — investors will parse these for sustainability. Earnings Call Transcript (MSN)
• Neutral Sentiment: Mixed revenue headlines: most outlets show revenue roughly in line or slightly above consensus (~$87.9M vs. ~$85.4M), but one report characterized it as a miss — differing baselines have created short‑term confusion. Mixed Revenue Coverage (Yahoo)
• Neutral Sentiment: Analyst/street view: consensus remains around a Hold with a ~ $33.50 average target — limited analyst coverage and modest PTs temper upside despite strong execution.
• Negative Sentiment: Executive insider sale: EVP Sam D. Brown sold 5,151 shares (~$182.9k at ~$35.50), trimming his stake ~8.8% — such sales can be viewed negatively by some investors even when routine. Insider Sale Disclosure (InsiderTrades)

Analyst Ratings Changes

Several analysts have recently commented on AMAL shares. Weiss Ratings restated a “hold (c+)” rating on shares of Amalgamated Financial in a research note on Monday, December 29th. Piper Sandler raised shares of Amalgamated Financial from an “underweight” rating to a “neutral” rating and increased their price target for the stock from $27.00 to $28.00 in a report on Wednesday, November 19th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $33.50.

Insider Transactions at Amalgamated Financial

In other Amalgamated Financial news, Director Edgar Romney sold 6,697 shares of the firm’s stock in a transaction on Friday, October 31st. The stock was sold at an average price of $27.34, for a total transaction of $183,095.98. Following the completion of the transaction, the director owned 16,763 shares of the company’s stock, valued at approximately $458,300.42. This trade represents a 28.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Julie Kelly sold 6,697 shares of the business’s stock in a transaction on Friday, October 31st. The stock was sold at an average price of $27.34, for a total value of $183,095.98. Following the completion of the transaction, the director directly owned 16,763 shares of the company’s stock, valued at approximately $458,300.42. This trade represents a 28.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 27,494 shares of company stock valued at $793,718 in the last three months. 1.29% of the stock is owned by company insiders.

Institutional Trading of Amalgamated Financial

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AMAL. Allspring Global Investments Holdings LLC purchased a new stake in shares of Amalgamated Financial during the second quarter worth about $427,000. Geode Capital Management LLC boosted its position in Amalgamated Financial by 20.2% during the second quarter. Geode Capital Management LLC now owns 608,506 shares of the company’s stock worth $18,988,000 after acquiring an additional 102,166 shares during the last quarter. Assenagon Asset Management S.A. purchased a new stake in Amalgamated Financial in the 2nd quarter worth approximately $1,152,000. Truist Financial Corp acquired a new stake in shares of Amalgamated Financial during the second quarter worth $256,000. Finally, Signaturefd LLC grew its position in shares of Amalgamated Financial by 110.1% in the second quarter. Signaturefd LLC now owns 1,523 shares of the company’s stock valued at $48,000 after purchasing an additional 798 shares during the period. Hedge funds and other institutional investors own 75.93% of the company’s stock.

Amalgamated Financial Price Performance

The company has a 50 day moving average of $32.13 and a 200 day moving average of $29.91. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of 11.15 and a beta of 0.82. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.10.

About Amalgamated Financial

Amalgamated Financial Corp. (NASDAQ: AMAL) is the bank holding company for Amalgamated Bank, a fully insured commercial bank with a historic mission of serving labor unions, progressive non-profits and mission-driven organizations. Founded in 1923 by the Amalgamated Clothing Workers of America, Amalgamated Bank has grown into a national institution offering a broad suite of banking services, including deposit accounts, commercial and consumer lending, cash management, and treasury solutions tailored to organizations with social responsibility or union affiliations.

In addition to core banking, Amalgamated Financial provides wealth management and trust services, retirement plan consulting and impact investing strategies.