Amalgamated Bank. Financials
This page shows Amalgamated Bank. (AMAL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Amalgamated Bank.'s revenue grew 12.1% year-over-year to $401.3M, a solid pace of expansion. This earns a growth score of 63/100.
Amalgamated Bank. has elevated debt relative to equity (D/E of 10.67), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
Amalgamated Bank. converts 30.5% of revenue into free cash flow ($122.3M). This strong cash generation earns a score of 100/100.
Amalgamated Bank.'s ROE of 15.0% shows moderate profitability relative to equity, earning a score of 60/100. This is up from 15.0% the prior year.
Amalgamated Bank. passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Amalgamated Bank. generates $1.17 in operating cash flow ($124.1M OCF vs $106.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Amalgamated Bank. generated $401.3M in revenue in fiscal year 2024. This represents an increase of 12.1% from the prior year.
Amalgamated Bank. generated $122.3M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 5.7% from the prior year.
Amalgamated Bank. reported $106.4M in net income in fiscal year 2024. This represents an increase of 21.0% from the prior year.
Amalgamated Bank. earned $3.44 per diluted share (EPS) in fiscal year 2024. This represents an increase of 20.3% from the prior year.
Amalgamated Bank. held $60.7M in cash against $0 in long-term debt as of fiscal year 2024.
Amalgamated Bank. had 31M shares outstanding in fiscal year 2024. This represents an increase of 0.8% from the prior year.
Amalgamated Bank.'s net profit margin was 26.5% in fiscal year 2024, showing the share of revenue converted to profit. This is up 1.9 percentage points from the prior year.
Amalgamated Bank.'s ROE was 15.0% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 0.0 percentage points from the prior year.
Amalgamated Bank. spent $1.1M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 86.4% from the prior year.
Amalgamated Bank. invested $1.8M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 20.2% from the prior year.
AMAL Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $109.6M+5.3% | $104.1M+3.4% | $100.7M+4.9% | $96.0M+5.2% | $91.2M+6.2% | $85.9M+1.2% | $84.9M+8.1% | $78.5M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $33.1M+6.2% | $31.2M+3.6% | $30.1M+5.1% | $28.7M+4.2% | $27.5M+19.9% | $22.9M+29.9% | $17.7M+57.7% | $11.2M |
| Income Tax | $9.9M+4.5% | $9.5M-2.5% | $9.7M-22.5% | $12.5M+41.5% | $8.8M+13.2% | $7.8M+3.3% | $7.6M+11.0% | $6.8M |
| Net Income | $26.8M+3.1% | $26.0M+3.8% | $25.0M+10.3% | $22.7M+1.7% | $22.3M+3.1% | $21.6M+1.4% | $21.3M-13.8% | $24.8M |
| EPS (Diluted) | $0.88+4.8% | $0.84+3.7% | $0.81+9.5% | $0.74+1.4% | $0.73+4.3% | $0.70+1.4% | $0.69-12.7% | $0.79 |
AMAL Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $8.7B+0.7% | $8.6B+4.1% | $8.3B+3.9% | $8.0B+0.8% | $7.9B+1.5% | $7.8B-0.6% | $7.8B-0.1% | $7.8B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $115.5M-32.5% | $171.1M+160.3% | $65.7M-27.4% | $90.6M-35.4% | $140.2M+113.4% | $65.7M-49.8% | $130.9M+106.0% | $63.5M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $12.9M0.0% | $12.9M0.0% | $12.9M0.0% | $12.9M0.0% | $12.9M0.0% | $12.9M0.0% | $12.9M0.0% | $12.9M |
| Total Liabilities | $7.9B+0.5% | $7.9B+4.2% | $7.5B+2.2% | $7.4B+0.3% | $7.4B+1.4% | $7.3B-0.7% | $7.3B-0.2% | $7.3B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $775.6M+2.9% | $754.0M+2.4% | $736.0M+25.8% | $585.2M+7.2% | $546.2M+3.3% | $528.5M+1.8% | $519.0M+2.0% | $508.8M |
| Retained Earnings | $544.9M+4.3% | $522.4M+4.3% | $500.8M+29.1% | $388.0M+5.3% | $368.4M+5.5% | $349.2M+5.6% | $330.7M+0.1% | $330.3M |
AMAL Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $39.5M+58.5% | $24.9M-27.1% | $34.2M+123.4% | $15.3M-61.5% | $39.8M+46.0% | $27.3M-21.8% | $34.9M-34.3% | $53.1M |
| Capital Expenditures | $1.2M+267.6% | -$712K-140.6% | $1.8M+579.5% | $258K-31.4% | $376K-35.2% | $580K+120.5% | $263K+45.3% | $181K |
| Free Cash Flow | $38.3M+58.2% | $24.2M-25.4% | $32.5M+115.6% | $15.1M-61.8% | $39.4M+47.7% | $26.7M-22.9% | $34.6M-34.6% | $52.9M |
| Investing Cash Flow | -$117.0M+49.6% | -$232.4M-3415.0% | -$6.6M+91.9% | -$82.0M-42.9% | -$57.3M-89.8% | -$30.2M-186.1% | $35.1M+343.6% | $7.9M |
| Financing Cash Flow | $22.0M-93.0% | $312.8M+1481.8% | -$22.6M-233.3% | $17.0M-81.5% | $92.1M+247.9% | -$62.2M-2293.5% | -$2.6M+95.9% | -$63.7M |
| Dividends Paid | $4.2M-5.2% | $4.5M+4.5% | $4.3M+40.3% | $3.1M0.0% | $3.1M-2.7% | $3.1M+1.9% | $3.1M-3.2% | $3.2M |
| Share Buybacks | $10.4M+7.9% | $9.7M+175.7% | $3.5M+223.2% | $1.1M-59.0% | $2.6M+22.7% | $2.2M-11.1% | $2.4M | $0 |
AMAL Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 24.4%-0.5pp | 25.0%+0.1pp | 24.9%+1.2pp | 23.6%-0.8pp | 24.4%-0.7pp | 25.2%+0.1pp | 25.1%-6.4pp | 31.5% |
| Return on Equity | 3.5%0.0pp | 3.5%+0.1pp | 3.4%-0.5pp | 3.9%-0.2pp | 4.1%-0.0pp | 4.1%0.0pp | 4.1%-0.8pp | 4.9% |
| Return on Assets | 0.3%0.0pp | 0.3%0.0pp | 0.3%+0.0pp | 0.3%0.0pp | 0.3%0.0pp | 0.3%0.0pp | 0.3%-0.1pp | 0.3% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 10.20-0.2 | 10.43+0.2 | 10.26-2.4 | 12.62-0.9 | 13.48-0.3 | 13.75-0.4 | 14.10-0.3 | 14.41 |
| FCF Margin | 35.0%+11.7pp | 23.3%-9.0pp | 32.2%+16.6pp | 15.7%-27.5pp | 43.2%+12.2pp | 31.1%-9.7pp | 40.7%-26.6pp | 67.3% |
Similar Companies
Frequently Asked Questions
What is Amalgamated Bank.'s annual revenue?
Amalgamated Bank. (AMAL) reported $401.3M in total revenue for fiscal year 2024. This represents a 12.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Amalgamated Bank.'s revenue growing?
Amalgamated Bank. (AMAL) revenue grew by 12.1% year-over-year, from $358.1M to $401.3M in fiscal year 2024.
Is Amalgamated Bank. profitable?
Yes, Amalgamated Bank. (AMAL) reported a net income of $106.4M in fiscal year 2024, with a net profit margin of 26.5%.
What is Amalgamated Bank.'s earnings per share (EPS)?
Amalgamated Bank. (AMAL) reported diluted earnings per share of $3.44 for fiscal year 2024. This represents a 20.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Amalgamated Bank.'s net profit margin?
Amalgamated Bank. (AMAL) had a net profit margin of 26.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Amalgamated Bank.'s return on equity (ROE)?
Amalgamated Bank. (AMAL) has a return on equity of 15.0% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Amalgamated Bank.'s free cash flow?
Amalgamated Bank. (AMAL) generated $122.3M in free cash flow during fiscal year 2024. This represents a 5.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Amalgamated Bank.'s operating cash flow?
Amalgamated Bank. (AMAL) generated $124.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Amalgamated Bank.'s total assets?
Amalgamated Bank. (AMAL) had $8.3B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Amalgamated Bank.'s capital expenditures?
Amalgamated Bank. (AMAL) invested $1.8M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Amalgamated Bank. buy back shares?
Yes, Amalgamated Bank. (AMAL) spent $1.1M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Amalgamated Bank. have outstanding?
Amalgamated Bank. (AMAL) had 31M shares outstanding as of fiscal year 2024.
What is Amalgamated Bank.'s debt-to-equity ratio?
Amalgamated Bank. (AMAL) had a debt-to-equity ratio of 10.67 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Amalgamated Bank.'s return on assets (ROA)?
Amalgamated Bank. (AMAL) had a return on assets of 1.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Amalgamated Bank.'s Piotroski F-Score?
Amalgamated Bank. (AMAL) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Amalgamated Bank.'s earnings high quality?
Amalgamated Bank. (AMAL) has an earnings quality ratio of 1.17x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Amalgamated Bank.?
Amalgamated Bank. (AMAL) scores 56 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.