NEW YORK, July 25, 2024 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (the "Company" or "Amalgamated") (NASDAQ:AMAL), the holding company for Amalgamated Bank (the "Bank"), today announced financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights (on a linked quarter basis) Net income of $26.8 million, or $0.87 per diluted share, compared to $27.2 million, or $0.89 per diluted share.Core net income1 of $26.2 million, or $0.85 per diluted share, compared to $25.6 million, ...

NEW YORK, July 25, 2024 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (the “Company” or “Amalgamated”) (Nasdaq: AMAL), the holding company for Amalgamated Bank (the “Bank”), today announced financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights (on a linked quarter basis) Net income of $26.8 million, or $0.87 per diluted share, compared to $27.2 million, or $0.89 per diluted share.Core net income1 of $26.2 million, or $0.85 per diluted share, compared to $25.6 million ...

NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its Board of Directors has declared a regular dividend to common stockholders of $0.12 per share, payable by the Company on August 22, 2024, to stockholders of record on August 6, 2024. The amount and timing of any future dividend payments to stockholders will be subject to the discretion of the Board of Directors. About Amalgamated Financial Corp. Amalgamated Financi ...

NEW YORK, July 11, 2024 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. ("Amalgamated" or the "Company") (NASDAQ:AMAL) today announced that its second quarter 2024 financial results will be released before market open on Thursday, July 25, 2024. The Company will host a conference call at 11:00 a.m. Eastern Time on the same day to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial 1-877-407-9716 (international callers please dial 1-201-493-6779) ...

文章核心观点 - 美国上市公司Amalgamated Financial Corp.将于2024年7月25日发布2024年第二季度财务业绩报告 [1] - 公司将于当日上午11点东部时间举行电话会议,讨论财务业绩 [2] - 公司是一家总部位于纽约的全面商业银行,提供商业银行和信托服务,资产规模达81亿美元 [4] 公司概况 - Amalgamated Financial Corp.是一家特拉华州的公众利益公司,通过全资子公司Amalgamated Bank从事商业银行和金融服务业务 [4] - Amalgamated Bank成立于1923年,由美国最古老的工会之一Amalgamated Clothing Workers of America创立 [4] - 截至2024年3月31日,公司总资产81亿美元,贷款总额44亿美元,存款总额73亿美元 [4] - 公司的信托业务管理资产350亿美元,资产管理规模139亿美元 [4] 投资者联系方式 - 投资者和分析师可以拨打电话参加电话会议 [2] - 电话会议录音将在会议结束后2小时内提供,并可在线收听 [3] - 投资者关系联系人为Jamie Lillis,Solebury Strategic Communications [5]

NEW YORK, May 15, 2024 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. ("Amalgamated" or the "Company") (NASDAQ:AMAL) announced that the Company has extended its commitment to invest in Residential Property Assessed Clean Energy ("R-PACE") assessments through its ongoing partnership with Home Run Finance ("HRF"). Amalgamated's commitment provides an additional $85 million of capital to fund R-PACE assessments originated by HRF. Priscilla Sims Brown, President and Chief Executive Officer, commented, "We are ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For transition period from to Commission File Number: 001-40136 Amalgamated Financial Corp. (Exact name of registrant as specified in its charter) Delaware 85-2757101 (State or other jurisdiction of i ...

NEW YORK, April 29, 2024 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. ("Amalgamated" or the "Company") (NASDAQ:AMAL) today announced the mechanical completion of three community solar projects in Oregon, with commercial operations expected to commence in April and May of this year. Three additional projects are expected to be completed and commence operations by the end of the third quarter of 2024. Amalgamated financed the developments by originating a one-of-a-kind $25 million construction term facilit ...

财务数据和关键指标变化 - 公司2024年第一季度净收入为27.2百万美元,每股摊薄收益0.89美元,核心净收入为25.6百万美元,每股摊薄收益0.83美元,同比增长16% [19] - 每股有形净资产增加0.99美元或5.29%至19.73美元,主要由于季度收益 [20] - 核心权益回报率为17.14%,核心资产回报率为1.27%,均有所提升 [21] - 一级杠杆比率提升22个基点至8.29%,有形普通股权益/有形资产比率为7.41% [22][23] 各条业务线数据和关键指标变化 - 贷款净额增加13.8百万美元或0.3%,主要由于多户家庭贷款增加27.3百万美元和商业及工业贷款增加3.1百万美元,部分被消费者太阳能贷款减少9.8百万美元和住房贷款减少6.3百万美元所抵消 [31] - 贷款收益率增加8个基点至4.76%,主要由于新发放贷款收益率提高 [32] - 不良资产占期末总资产的0.42%,已问题贷款减少900万美元 [39][40] - 贷款损失准备金减少130万美元至64.4百万美元,占贷款总额的1.46% [40][41] 各个市场数据和关键指标变化 - 银行存款总额增加2.94亿美元至73亿美元,其中不计入经纪人CD的活期存款增加3.74亿美元或5.5% [24] - 无息存款占平均存款的45%,平均存款成本为146个基点,较上季度增加11个基点 [25] - 政治存款增加2.50亿美元至14亿美元,截至4月17日进一步增加8750万美元创新高 [26] - 银行管理4.57亿美元的离表存款,主要为政治性存款和信托业务过渡性存款 [27] 公司战略和发展方向及行业竞争 - 公司在可再生能源、基础设施和水务等领域的社会责任银行业务有望成为未来增长点,受益于《通胀减免法案》的相关资金投放 [14][15] - 公司正在与将从中获益的组织建立和扩大关系,并利用自身的影响力贷款模式来获取这些业务 [15] - 公司在存款获取方面具有独特优势,在不同经济环境下都能保持良好表现,与同行有明显区别 [8][9] 管理层对经营环境和未来前景的评论 - 尽管银行业在本季度再次出现动荡,但公司的独特业务模式使其能在不同经济条件下蓬勃发展 [8] - 公司对存款增长保持乐观,预计将继续在核心客户群体中实现有机存款增长,以抵消预期的政治存款流出 [13] - 公司预计2024年核心税前扣除拨备前收益将达到1.45-1.49亿美元,净息差将达到2.70-2.74亿美元 [42][45] 问答环节重要的提问和回答 问题1 **Alex Twerdahl 提问** 询问公司在《通胀减免法案》下的温室气体减排基金相关的资金流向和公司的参与情况 [52] **Priscilla Sims Brown 回答** 公司已与很多获得资金的组织建立了关系,并有独特的理解和优势来为他们提供咨询和融资支持,预计这将为公司带来存款和贷款机会 [53][54][55] 问题2 **Janet Lee 提问** 询问公司在本季度多户家庭贷款组合中,有多少是租金管制资产,以及公司对这部分资产的管理计划 [70] **Jason Darby 回答** 公司主要将新增多户家庭贷款投放于421a和8号房屋等无租金管制的资产,并提高了贷款标准,如要求1.3倍以上的债息覆盖率和55%-60%的贷款价值比 [93][96][97] 问题3 **Christopher O'Connell 提问** 询问公司本季度证券投资组合的变动情况,包括购买和出售的收益率 [106] **Jason Darby 回答** 公司本季度购入了1.28亿美元的证券,收益率在6%-6.25%左右,出售了7550万美元的证券,收益率在4.9%-5%左右,主要是为了提高对下行利率风险的抵御能力 [107][110]

财务表现 - Amalgamated Financial (AMAL)报告了2024年第一季度收入为7827万美元，同比增长8%[1] - EPS为0.83美元，与去年同期的0.74美元相比有所增长[1] - 公司报告的收入与Zacks Consensus Estimate的7577万美元相比，出现了+3.30%的惊喜[2] - EPS惊喜达到+15.28%，而共识EPS估计为0.72美元[2] 业绩指标 - 效率比率：48.8%，低于两位分析师平均估计的51.5%[5] - 平均余额 - 总计息收资产：78.5亿美元，高于两位分析师平均估计的78亿美元[6] - 年化净核销（收回）占平均贷款比例：0.2%，低于两位分析师平均估计的0.3%[7] - 净利差：3.5%，与两位分析师平均估计的3.5%相符[7] - 净利息收入：6804万美元，高于两位分析师平均估计的6721万美元[8] - 存款账户服务费：614万美元，高于两位分析师平均估计的289万美元[9] - 信托部门费用：385万美元，高于两位分析师平均估计的362万美元[9] - 非利息收入：1023万美元，高于两位分析师平均估计的854万美元[10] 股票表现 - Amalgamated Financial的股票在过去一个月中回报+0.2%，而Zacks S&P 500综合指数下跌了3%[11]