Amalgamated Financial (AMAL) Q2 Earnings and Revenues Miss Estimates

Financial Performance - Amalgamated Financial reported quarterly earnings of $0.88 per share, missing the Zacks Consensus Estimate of $0.90 per share, but showing an increase from $0.85 per share a year ago, resulting in an earnings surprise of -2.22% [1] - The company posted revenues of $80.93 million for the quarter ended June 2025, which was below the Zacks Consensus Estimate by 1.65%, compared to $78.45 million in the same quarter last year [2] Market Performance - Amalgamated Financial shares have decreased by approximately 0.8% since the beginning of the year, while the S&P 500 has gained 8.1% [3] - The company's current Zacks Rank is 3 (Hold), indicating that shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.92 on revenues of $83.08 million, and for the current fiscal year, it is $3.65 on revenues of $329.15 million [7] - The trend of estimate revisions for Amalgamated Financial was mixed ahead of the earnings release, which could change following the recent report [6] Industry Context - The Financial - SBIC & Commercial Industry, to which Amalgamated Financial belongs, is currently ranked in the bottom 28% of over 250 Zacks industries, suggesting potential challenges ahead [8]