Amalgamated Financial Corp. Reports Second Quarter 2024 Financial Results; Continued Stellar Deposit Growth; Return on Average Assets of 1.30%
AMALAmalgamated Financial (AMAL) GlobeNewswire News Room·2024-07-25 18:25

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 26.8million,or26.8 million, or 0.87 per diluted share, compared to 27.2million,or27.2 million, or 0.89 per diluted share.Core net income1 of 26.2million,or26.2 million, or 0.85 per diluted share, compared to $25.6 million ...