Amalgamated Financial Corp. (AMAL) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 14, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AMAL SEC filings page.
Amalgamated Financial Corp. (AMAL) reported $362.6M in revenue over the twelve months to Jun 30, 2026, up 14.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 8 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).
Amalgamated’s earnings remain cash-generative, but FY2025 shows slower profit conversion as balance-sheet growth continues to rely on liabilities.
In FY2025, revenue expanded while net income slipped, pulling net profit margin from33.7% to31.8% ; the combination suggests incremental revenue is not translating into incremental earnings as efficiently. That compression coincided with interest expense reaching$124M , while operating cash flow increased to$136M , creating a split between weaker accounting profitability and sustained cash generation.
Debt-to-equity fell from 10.7x in FY2024 to 10.2x in FY2025, so balance-sheet expansion did not increase leverage on that measure. Equity also rose from
Free cash flow margin was
Financial Health Signals
Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Amalgamated Financial Corp.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Amalgamated Financial Corp. earned a return on assets of 1.2% in fiscal year 2025, which is the profit it made on every dollar of assets on its books. This is down from 1.3% the prior year. Earnings ranks banks on that return over three years, and Amalgamated Financial Corp. scores 74/100 among other banks.
Amalgamated Financial Corp. reported revenue of $328.7M in fiscal year 2025, against $315.6M in fiscal year 2024. Growth ranks banks on the three-year path of their net revenue, which is interest income and fee income less the interest they pay out, and Amalgamated Financial Corp. scores 42/100 among other banks.
Amalgamated Financial Corp. funded 9.0% of its assets with shareholders' equity at the end of fiscal year 2025, holding $794.5M of equity against $8.9B of assets. Capital ranks banks on that cushion, and Amalgamated Financial Corp. scores 17/100 among other banks.
Efficiency measures what a bank spends running itself against the revenue that spending brings in, so a lower ratio is the better one. Amalgamated Financial Corp. scores 86/100 on it among other banks.
Not available for Amalgamated Financial Corp., and counted as zero in the overall score.
Amalgamated Financial Corp. reported net income of $104.5M in fiscal year 2025, against $106.4M in fiscal year 2024. Stability ranks banks on how steady net income has been across five years, and Amalgamated Financial Corp. scores 54/100 among other banks.
Amalgamated Financial Corp. passes 4 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Amalgamated Financial Corp. generates $1.30 in operating cash flow ($135.8M OCF vs $104.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Amalgamated Financial Corp. generated $98.4M in revenue in Q2 2026. This represents an increase of 21.5% from the same quarter a year earlier. Against the prior quarter it is up 5.3%.
Amalgamated Financial Corp. reported $34.8M in net income in Q2 2026. This represents an increase of 33.8% from the same quarter a year earlier. Against the prior quarter it is up 37.8%.
Amalgamated Financial Corp. earned $1.15 per diluted share (EPS) in Q2 2026. This represents an increase of 36.9% from the same quarter a year earlier. Against the prior quarter it is up 36.9%.
Not reported for Q2 2026.
Cash & Balance Sheet
Amalgamated Financial Corp. generated $19.6M in free cash flow in Q2 2026, representing cash available after capex. This represents a decrease of 19.0% from the same quarter a year earlier. Against the prior quarter it is down 61.3%.
Amalgamated Financial Corp. held $167.8M in cash as of Q2 2026; long-term debt is not reported for that period.
Amalgamated Financial Corp. paid $0.17 per share in dividends in Q2 2026. This represents an increase of 21.4% from the same quarter a year earlier. It is unchanged from the prior quarter.
Margins & Returns
Amalgamated Financial Corp.'s net profit margin was 35.4% in Q2 2026, showing the share of revenue converted to profit. This is up 3.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 8.4 percentage points.
Amalgamated Financial Corp.'s ROE was 4.2% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.0 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
Amalgamated Financial Corp. repurchased no shares in Q2 2026. This represents a decrease of 100.0% from the same quarter a year earlier. Against the prior quarter it is down 100.0%.
Amalgamated Financial Corp. invested $10.9M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 1427.2% from the same quarter a year earlier. Against the prior quarter it is up 78.9%.
Not reported for Q2 2026.
AMAL Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $98.4M+21.5% | $93.4M+21.4% | $85.2M+9.4% | $85.6M+5.6% | $80.9M+3.2% | $77.0M-1.6% | $77.9M+1.5% | $81.0M+14.9% |
| SG&A Expenses | $27.2M+17.0% | $25.8M+10.4% | $26.5M+7.5% | $25.5M+7.2% | $23.2M+0.8% | $23.3M+4.7% | $24.7M+16.2% | $23.8M+11.3% |
| Interest Expense | $31.1M-0.3% | $29.2M-3.2% | $30.0M+1.7% | $33.1M+7.9% | $31.2M+4.8% | $30.1M+4.2% | $29.5M+2.9% | $30.7M+11.6% |
| Income Tax | $11.9M+25.2% | $8.8M-8.9% | $6.6M-22.6% | $9.9M-3.8% | $9.5M+5.0% | $9.7M-13.9% | $8.6M-31.6% | $10.3M+16.3% |
| Net Income | $34.8M+33.8% | $25.2M+0.8% | $26.6M+8.8% | $26.8M-4.1% | $26.0M-2.9% | $25.0M-8.2% | $24.5M+7.9% | $27.9M+25.3% |
| EPS (Basic) | $1.16+36.5% | $0.85+3.7% | $0.89+11.2% | $0.89-2.2% | $0.85-3.4% | $0.82-7.9% | $0.80+6.7% | $0.91+24.7% |
| EPS (Diluted) | $1.15+36.9% | $0.84+3.7% | $0.88+11.4% | $0.88-2.2% | $0.84-3.4% | $0.81-9.0% | $0.79+6.8% | $0.90+23.3% |
| Diluted Shares (Avg) | 30M-1.8% | 30M-2.6% | N/A | 30M-1.6% | 31M-0.2% | 31M+0.7% | N/A | 31M+1.0% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.
AMAL Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $9.4B+9.2% | $9.2B+10.7% | $8.9B+7.4% | $8.7B+3.2% | $8.6B+4.5% | $8.3B+1.8% | $8.3B+3.6% | $8.4B+6.4% |
| Cash & Equivalents | $167.8M-1.9% | $179.7M+173.5% | $291.2M+379.4% | $115.5M-22.6% | $171.1M+195.0% | $65.7M-57.7% | $60.7M-32.9% | $149.2M+6.4% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $12.9M0.0% | $12.9M0.0% | $12.9M0.0% | $12.9M0.0% | $12.9M0.0% | $12.9M0.0% | $12.9M0.0% | $12.9M0.0% |
| Total Liabilities | $8.6B+9.0% | $8.4B+10.8% | $8.1B+7.0% | $7.9B+2.5% | $7.9B+3.5% | $7.5B+0.4% | $7.5B+2.2% | $7.7B+4.8% |
| Total Equity | $835.0M+10.7% | $807.6M+9.7% | $794.5M+12.3% | $775.6M+11.1% | $754.0M+16.7% | $736.0M+19.3% | $707.7M+20.9% | $698.2M+27.8% |
| Retained Earnings | $616.9M+18.1% | $587.3M+17.3% | $567.3M+18.1% | $544.9M+18.6% | $522.4M+20.0% | $500.8M+21.5% | $480.1M+23.7% | $459.4M+24.7% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Non-Current Liabilities, Long-Term Debt.
AMAL Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $30.5M+22.3% | $56.8M+65.9% | $37.1M+28.1% | $39.5M+10.4% | $24.9M-11.0% | $34.2M+9.4% | $29.0M+89.4% | $35.8M-10.1% |
| Depreciation & Amortization | -$954K-377.3% | $2.0M+651.3% | $5.5M+1061.4% | $108K-93.3% | $344K-42.2% | $265K-86.9% | $474K-83.4% | $1.6M+83.3% |
| Stock-Based Compensation | N/A | $2.0M+41.8% | N/A | N/A | N/A | $1.4M+32.9% | N/A | N/A |
| Capital Expenditures | $10.9M+1427.2% | $6.1M+246.8% | -$855K+15.9% | $1.2M+103.9% | -$712K+190.6% | $1.8M+746.9% | $738K+186.0% | $585K+55.6% |
| Free Cash Flow | $19.6M-19.0% | $50.7M+56.2% | $36.3M+28.4% | $38.3M+8.8% | $24.2M-12.8% | $32.5M+4.5% | $28.3M+87.7% | $35.2M-10.7% |
| Investing Cash Flow | -$317.7M-36.7% | -$387.4M-5759.2% | -$22.0M-139.8% | -$117.0M-50.0% | -$232.4M-15.1% | -$6.6M+92.8% | $55.3M+167.5% | -$78.0M-36.1% |
| Financing Cash Flow | $275.3M-12.0% | $219.1M+1067.8% | $160.5M+192.9% | $22.0M-83.5% | $312.8M+307.6% | -$22.6M-118.2% | -$172.8M-1117.1% | $133.5M+45.0% |
| Dividends Paid | $5.1M+13.9% | $5.3M+23.0% | $4.2M+13.7% | $4.2M+14.9% | $4.5M+19.8% | $4.3M+37.7% | $3.7M+20.5% | $3.7M+20.9% |
| Share Buybacks | $0-100.0% | $2.8M-20.8% | $8.7M+931.2% | $10.4M | $9.7M | $3.5M+1131.6% | $845K-22.2% | $0-100.0% |
AMAL Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 35.4%+3.2pp | 27.0%-5.5pp | 31.3%-0.2pp | 31.3%-3.2pp | 32.1%-2.0pp | 32.5%-2.3pp | 31.4%+1.9pp | 34.5%+2.8pp |
| Return on Equity | 4.2%+0.7pp | 3.1%-0.3pp | 3.4%-0.1pp | 3.5%-0.5pp | 3.5%-0.7pp | 3.4%-1.0pp | 3.5%-0.4pp | 4.0%-0.1pp |
| Return on Assets | 0.4%+0.1pp | 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 |
| Debt-to-Equity | 10.27-0.2x | 10.36+0.1x | 10.16-0.5x | 10.20-0.9x | 10.43-1.3x | 10.26-1.9x | 10.67-2.0x | 11.05-2.4x |
| Asset Turnover | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x |
| FCF Margin | 19.9%-10.0pp | 54.3%+12.1pp | 42.6%+6.3pp | 44.8%+1.3pp | 29.9%-5.5pp | 42.2%+2.5pp | 36.3%+16.7pp | 43.4%-12.5pp |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Amalgamated Financial Corp. AMAL | FY2025 | $328.7M | $104.5M | 31.8% | $1.4B | 46/100 |
| Univest Financial Corporation UVSP | FY2025 | $328.1M | $90.8M | 27.7% | $1.1B | 57/100 |
| Horizon Bancorp, Inc. HBNC | FY2025 | $362.8M | -$150.5M | -41.5% | $989.4M | 32/100 |
| Tompkins Financial Corporation TMP | FY2025 | $446.6M | $161.1M | 36.1% | $1.4B | 49/100 |
| Southside Bancshares, Inc. SBSI | FY2025 | $237.0M | $69.2M | 29.2% | $903.2M | 52/100 |
| HBT Financial, Inc. HBT | FY2025 | $237.1M | $77.0M | 32.5% | $1.3B | 55/100 |
Where Amalgamated Financial Corp. Ranks
Frequently Asked Questions
What is Amalgamated Financial Corp.'s annual revenue?
Amalgamated Financial Corp. (AMAL) reported $328.7M in total revenue for fiscal year 2025. This represents a 4.1% 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 Financial Corp.'s revenue growing?
Amalgamated Financial Corp. (AMAL) revenue grew by 4.1% year-over-year, from $315.6M to $328.7M in fiscal year 2025.
Is Amalgamated Financial Corp. profitable?
Yes, Amalgamated Financial Corp. (AMAL) reported a net income of $104.5M in fiscal year 2025, with a net profit margin of 31.8%.
What is Amalgamated Financial Corp.'s net profit margin?
Amalgamated Financial Corp. (AMAL) had a net profit margin of 31.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Amalgamated Financial Corp.'s return on equity (ROE)?
Amalgamated Financial Corp. (AMAL) has a return on equity of 13.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Amalgamated Financial Corp.'s free cash flow?
Amalgamated Financial Corp. (AMAL) generated $134.4M in free cash flow during fiscal year 2025. This represents a 9.9% 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 Financial Corp.'s operating cash flow?
Amalgamated Financial Corp. (AMAL) generated $135.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Amalgamated Financial Corp.'s total assets?
Amalgamated Financial Corp. (AMAL) had $8.9B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Amalgamated Financial Corp.'s capital expenditures?
Amalgamated Financial Corp. (AMAL) invested $1.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Amalgamated Financial Corp.'s debt-to-equity ratio?
Amalgamated Financial Corp. (AMAL) had a debt-to-equity ratio of 10.16 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Amalgamated Financial Corp.'s return on assets (ROA)?
Amalgamated Financial Corp. (AMAL) had a return on assets of 1.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Amalgamated Financial Corp.'s P/E ratio?
Amalgamated Financial Corp. (AMAL) trades at 12.4x earnings, its market capitalization divided by net income of $113.4M net income, trailing 12 months to June 30, 2026. The market capitalization is $1.4B as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Amalgamated Financial Corp.'s price-to-sales ratio?
Amalgamated Financial Corp. (AMAL) trades at 3.9x sales, its market capitalization divided by revenue of $362.6M revenue, trailing 12 months to June 30, 2026. The market capitalization is $1.4B as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Amalgamated Financial Corp.'s Piotroski F-Score?
Amalgamated Financial Corp. (AMAL) has a Piotroski F-Score of 4 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Amalgamated Financial Corp.'s earnings high quality?
Amalgamated Financial Corp. (AMAL) has an earnings quality ratio of 1.30x, 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 Financial Corp.?
Amalgamated Financial Corp. (AMAL) scores 46 out of 100 on our Financial Health Score, indicating moderate standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.