Amalgamated Financial: A Positive Outlook Due To Political Deposits And Organic Loan Growth

Earnings of Amalgamated Financial Corp. (NASDAQ: AMAL ) will likely surge this year, partly because of political deposits. Next year, earnings will likely remain stable as organic loan growth will make up for margin pressure. Overall, I’m expecting the companyAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am ...