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Amalgamated Financial Corp. Announces Second Quarter 2024 Earnings Conference Call
Newsfilter· 2024-07-11 20:15
NEW YORK, July 11, 2024 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. ("Amalgamated" or the "Company") (NASDAQ:AMAL) today announced that its second quarter 2024 financial results will be released before market open on Thursday, July 25, 2024. The Company will host a conference call at 11:00 a.m. Eastern Time on the same day to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial 1-877-407-9716 (international callers please dial 1-201-493-6779) ...
Amalgamated Financial Corp. Announces Second Quarter 2024 Earnings Conference Call
GlobeNewswire News Room· 2024-07-11 20:15
NEW YORK, July 11, 2024 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its second quarter 2024 financial results will be released before market open on Thursday, July 25, 2024. The Company will host a conference call at 11:00 a.m. Eastern Time on the same day to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial 1-877-407-9716 (international callers please dial 1-201-493-6779) ...
Amalgamated Financial Corp. Commits Additional $85 Million to Finance R-PACE Assessments
Newsfilter· 2024-05-15 20:15
NEW YORK, May 15, 2024 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. ("Amalgamated" or the "Company") (NASDAQ:AMAL) announced that the Company has extended its commitment to invest in Residential Property Assessed Clean Energy ("R-PACE") assessments through its ongoing partnership with Home Run Finance ("HRF"). Amalgamated's commitment provides an additional $85 million of capital to fund R-PACE assessments originated by HRF. Priscilla Sims Brown, President and Chief Executive Officer, commented, "We are ...
Amalgamated Financial (AMAL) - 2024 Q1 - Quarterly Report
2024-05-07 12:28
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 March 31, 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 of i ...
Amalgamated Financial Corp. Announces Completion of Three Oregon Community Solar Program Projects
Newsfilter· 2024-04-29 20:10
NEW YORK, April 29, 2024 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. ("Amalgamated" or the "Company") (NASDAQ:AMAL) today announced the mechanical completion of three community solar projects in Oregon, with commercial operations expected to commence in April and May of this year. Three additional projects are expected to be completed and commence operations by the end of the third quarter of 2024. Amalgamated financed the developments by originating a one-of-a-kind $25 million construction term facilit ...
Amalgamated Financial (AMAL) - 2024 Q1 - Earnings Call Transcript
2024-04-25 21:15
Amalgamated Financial Corp. (NASDAQ:AMAL) Q1 2024 Earnings Conference Call April 25, 2024 11:00 AM ET Company Participants Jason Darby - Senior Executive Vice President, Chief Financial Officer Priscilla Sims Brown - President & CEO Conference Call Participants Alex Twerdahl - Piper Sandler Janet Lee - JPMorgan Christopher O'Connell - KBW Operator Good morning, ladies and gentlemen, and welcome to the Amalgamated Financial First Quarter 2024 Earnings Call. During today's presentation, all parties will be in ...
Compared to Estimates, Amalgamated Financial (AMAL) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-04-25 14:36
Amalgamated Financial (AMAL) reported $78.27 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 8%. EPS of $0.83 for the same period compares to $0.74 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $75.77 million, representing a surprise of +3.30%. The company delivered an EPS surprise of +15.28%, with the consensus EPS estimate being $0.72.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings ...
Amalgamated Financial (AMAL) Beats Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-04-25 12:35
Amalgamated Financial (AMAL) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15.28%. A quarter ago, it was expected that this bank would post earnings of $0.73 per share when it actually produced earnings of $0.72, delivering a surprise of -1.37%.Over the last four quarters, the compa ...
Amalgamated Financial Corp. Reports First Quarter 2024 Financial Results; Stellar Deposit Growth; Net Interest Margin Rises to 3.49%
Newsfilter· 2024-04-25 10:25
NEW YORK, April 25, 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 first quarter ended March 31, 2024. First Quarter 2024 Highlights (on a linked quarter basis) Net income of $27.2 million, or $0.89 per diluted share, compared to $22.7 million, or $0.74 per diluted share.Core net income1 of $25.6 million, or $0.83 per diluted share, compared to $22.1 million, ...
Amalgamated Financial (AMAL) - 2024 Q1 - Quarterly Results
2024-04-25 10:25
Amalgamated Financial Corp. Reports First Quarter 2024 Financial Results; Stellar Deposit Growth; Net Interest Margin Rises to 3.49% Common Equity Tier 1 Capital Ratio of 13.68% | Return on Average Assets of 1.36% NEW YORK, April 25, 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 first quarter ended March 31, 2024. First Quarter 2024 Highlights (on a linke ...