Back in May of this year, I wrote my first-ever article about Amalgamated Financial (NASDAQ: AMAL ). Like any bank, it engages in traditional banking activities for its customers. However, it is an enterprise that has specificCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow an ...

For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Amalgamated Financial (AMAL) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.Amalgamated Financial is one of 871 companies in the Finance group. ...

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Amalgamated Financial (AMAL) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.Amalgamated Financial is a member of the Finance sector. This group includes 872 individual stocks and currently holds a Zacks Sector Rank of #1. The Zacks Sector Rank gauges ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For transition period from to Commission File Number: 001-40136 Amalgamated Financial Corp. (Exact name of registrant as specified in its charter) Delaware 85-2757101 (State or other jurisdiction ...

Investors might want to bet on Amalgamated Financial (AMAL) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook. Analysts' growing optimism on the earnings prospects of this bank is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estima ...

Amalgamated Financial Corp. (NASDAQ:AMAL) Q3 2024 Earnings Conference Call October 24, 2024 11:00 AM ET Company Participants Priscilla Sims Brown – President and Chief Executive Officer Jason Darby – Chief Financial Officer Sam Brown – Senior Executive Vice President, Chief Banking Officer Conference Call Participants Mark Fitzgibbon – Piper Sandler Chris O'Connell – KBW Operator Good morning, ladies and gentlemen, and welcome to the Amalgamated Financial Third Quarter 2024 Earnings Call. During today’s pre ...

Amalgamated Financial Corp. Third Quarter 2024 Earnings Presentation October 24, 2024 1 Safe Harbor Statements FORWARD-LOOKING STATEMENTS Statements included in this presentation that are not historical in nature are intended to be, and are hereby identified as, forward-looking statements within the meaning of the Private Securities Litigation Reform Act, Section 21E of the Securities Exchange Act of 1934, as amended. Forwardlooking statements are not statements of historical or current fact nor are they as ...

Amalgamated Financial (AMAL) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.64%. A quarter ago, it was expected that this bank would post earnings of $0.79 per share when it actually produced earnings of $0.85, delivering a surprise of 7.59%.Over the last four quarters, the company ...

NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (the “Company” or “Amalgamated”) (Nasdaq: AMAL), the holding company for Amalgamated Bank (the “Bank”), today announced financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights (on a linked quarter basis) Net income of $27.9 million, or $0.90 per diluted share, compared to $26.8 million, or $0.87 per diluted share.Core net income1 of $28.0 million, or $0.91 per diluted share, compared to $26.2 mill ...