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Amalgamated Financial Corp. Announces Third Quarter 2024 Earnings Conference Call
AMALAmalgamated Financial (AMAL) GlobeNewswire News Room·2024-10-10 20:25

Core Viewpoint - Amalgamated Financial Corp. is set to release its third quarter 2024 financial results on October 24, 2024, and will host a conference call to discuss these results [1] Company Overview - Amalgamated Financial Corp. is a Delaware public benefit corporation and a bank holding company engaged in commercial banking and financial services through its wholly-owned subsidiary, Amalgamated Bank [2] - Amalgamated Bank operates as a full-service commercial bank with five branches located in New York City, Washington D.C., and San Francisco, along with a commercial office in Boston [2] - The bank was established in 1923 by the Amalgamated Clothing Workers of America and provides a full range of banking and trust services to both commercial and retail customers [2] - As of June 30, 2024, Amalgamated Financial Corp. reported total assets of $8.3 billion, total net loans of $4.4 billion, and total deposits of $7.4 billion [2] - The trust business of Amalgamated Bank held $34.6 billion in assets under custody and $14.0 billion in assets under management as of June 30, 2024 [2]