Keefe, Bruyette & Woods Forecasts AMAL Q2 Earnings

Amalgamated Financial Corp. (NASDAQ:AMAL) – Equities research analysts at Keefe, Bruyette & Woods issued their Q2 2026 earnings per share (EPS) estimates for Amalgamated Financial in a research note issued to investors on Wednesday, July 15th. Keefe, Bruyette & Woods analyst C. O’connell anticipates that the company will earn $1.01 per share for the quarter. The consensus estimate for Amalgamated Financial’s current full-year earnings is $3.92 per share.

Several other research firms also recently issued reports on AMAL. Weiss Ratings raised shares of Amalgamated Financial from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 11th. Piper Sandler increased their price objective on Amalgamated Financial from $44.00 to $48.00 and gave the company a “neutral” rating in a report on Friday, June 26th. Finally, Zacks Research raised Amalgamated Financial from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 25th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $48.00.

Amalgamated Financial Trading Down 1.3%

AMAL opened at $47.67 on Thursday. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.64 and a quick ratio of 0.64. Amalgamated Financial has a fifty-two week low of $25.13 and a fifty-two week high of $48.59. The company’s 50 day moving average price is $43.71 and its two-hundred day moving average price is $40.42. The firm has a market capitalization of $1.42 billion, a price-to-earnings ratio of 13.86 and a beta of 0.79.

Amalgamated Financial (NASDAQ:AMAL) last issued its quarterly earnings data on Thursday, April 23rd. The company reported $0.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.95 by ($0.15). Amalgamated Financial had a net margin of 22.33% and a return on equity of 13.89%. The business had revenue of $91.36 million during the quarter, compared to the consensus estimate of $91.16 million.

Institutional Trading of Amalgamated Financial

Institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of Amalgamated Financial by 3.5% in the 4th quarter. Vanguard Group Inc. now owns 1,434,372 shares of the company’s stock valued at $45,943,000 after purchasing an additional 49,037 shares during the period. Versor Investments LP bought a new stake in shares of Amalgamated Financial during the 4th quarter valued at about $935,000. Abacus Wealth Partners LLC acquired a new stake in Amalgamated Financial during the fourth quarter worth approximately $2,100,000. Hsbc Holdings PLC grew its stake in Amalgamated Financial by 123.8% during the fourth quarter. Hsbc Holdings PLC now owns 52,596 shares of the company’s stock worth $1,685,000 after purchasing an additional 29,090 shares during the period. Finally, Quent Capital LLC acquired a new stake in Amalgamated Financial during the fourth quarter worth approximately $659,000. Institutional investors own 75.93% of the company’s stock.

Insider Transactions at Amalgamated Financial

In other news, CFO Jason Darby sold 3,000 shares of the company’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $43.30, for a total value of $129,900.00. Following the sale, the chief financial officer directly owned 79,343 shares of the company’s stock, valued at approximately $3,435,551.90. This represents a 3.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Leslie Veluswamy sold 2,500 shares of the company’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $43.51, for a total transaction of $108,775.00. Following the completion of the sale, the chief accounting officer directly owned 14,215 shares in the company, valued at approximately $618,494.65. This represents a 14.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 7,589 shares of company stock worth $325,139. Company insiders own 1.63% of the company’s stock.

Amalgamated Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Tuesday, May 5th were given a $0.17 dividend. The ex-dividend date was Tuesday, May 5th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.4%. Amalgamated Financial’s payout ratio is 19.77%.

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.