Reading the tape
NASDAQ: AMAL
Amalgamated Financial Corp.
Financial Services · Banks - Regional
Market Cap
$1.26B
52w High
$44.01
52w Low
$25.13
P/E
11.99
Volume
129.26K
Outstanding Shares
29.87M
Price vs Fundamentals
Why The Stock Is Moving
Optimism is getting priced inModerate confidence
1Y Price: 38.48%Revenue (TTM): 6.4%FCF (TTM): 20.45%P/FCF: 75th pct
What changed
The stock rose 38.48% over the last year. Revenue grew 6.4% over the trailing twelve months. Operating margin moved from 32.24% to 29.79%. Free cash flow grew 20.45% over the trailing twelve months.
What the market seems to be pricing
The stock is trading toward the richer end of its historical P/FCF range (75th percentile) while business metrics are improving. More of the upside is already embedded in the multiple now.
What would invalidate this read
Operating margin is at 29.79% — continued expansion would be needed to justify the premium. Revenue growth of 6.4% is encouraging, but any deceleration puts the stretched multiple at risk. This read changes if revenue, margins, and cash flow continue to improve faster than expected — in that case the richer multiple could still prove conservative.
Company profile
Amalgamated Financial Corp. operates as the bank holding company for Amalgamated Bank that provides commercial and retail banking, investment management, and trust and custody services for commercial and retail customers in the United States.
CEOPriscilla Sims Brown
SectorFinancial Services
IndustryBanks - Regional
Employees429
IPO dateAug 9, 2018
Valuation
Forward P/E—
EV/EBITDA7.23
Enterprise value$1.05B
Price / Book1.58
Stock splits
Aug 1, 2018↑ Forward
Every 1 shares became 20
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Income growth1.34%
Gross marginN/A
Operating margin43.81%▼7.69%vs FY2024
ROE13.15%▼12.59%vs FY2024
Analyst consensus
RatingBuy
Target price$44.00▲4.59%
5
Buy
1
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 23, 2026
Q3 FY26 · EPS est $0.99 · Revenue est $92.09M
View
Dividends
$0.62/shareQuarterly6yr growth streakAMAL pays a dividend with a 1.47% dividend yield, 6 consecutive years of growth.
Dividend Yield
1.47%
Annual Div / Share
$0.62
5yr CAGR
+14.14%
Payout Ratio
17.38%
Bank — specialized metrics apply
Dividend Growth Rate
3yr CAGR
+15.73%
5yr CAGR
+14.14%
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2026$0.62+19.2%
2025$0.52+23.8%
2024$0.42+5.0%
2023$0.40+25.0%
2022$0.32+0.0%
2021$0.32+6.7%
2020$0.30—
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$15/yr
$1/mo
In 5 yrs
$15/yr
$1/mo
In 10 yrs
$15/yr
$1/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$15/yr $1/mo | $15/yr $1/mo | $15/yr $1/mo |
5yr and 10yr income use the current dividend with no growth assumption because bank payout growth depends on earnings cycles, regulation, and capital policy.