Amalgamated Financial (AMAL) to Announce Quarterly Earnings on Thursday

Amalgamated Financial (NASDAQ:AMAL) is projected to post its Q2 2026 results before the market opens on Thursday, July 23rd. Analysts expect the company to announce earnings of $1.00 per share and revenue of $92.0920 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, July 23, 2026 at 11:00 AM ET.

Amalgamated Financial (NASDAQ:AMAL) last announced its quarterly earnings data on Thursday, April 23rd. The company reported $0.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.95 by ($0.15). The firm had revenue of $91.36 million during the quarter, compared to the consensus estimate of $91.16 million. Amalgamated Financial had a return on equity of 13.89% and a net margin of 22.33%. On average, analysts expect Amalgamated Financial to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Amalgamated Financial Trading Down 1.0%

AMAL opened at $47.17 on Tuesday. The stock’s fifty day moving average is $43.83 and its two-hundred day moving average is $40.58. The company has a market capitalization of $1.41 billion, a P/E ratio of 13.71 and a beta of 0.79. Amalgamated Financial has a 52 week low of $25.13 and a 52 week high of $48.59. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.09.

Insider Activity at Amalgamated Financial

In other Amalgamated Financial news, CAO Leslie Veluswamy sold 2,500 shares of the company’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $43.51, for a total transaction of $108,775.00. Following the completion of the sale, the chief accounting officer owned 14,215 shares in the company, valued at $618,494.65. This represents a 14.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Maryann Bruce sold 2,089 shares of the stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $41.39, for a total value of $86,463.71. Following the sale, the director directly owned 19,942 shares in the company, valued at $825,399.38. This trade represents a 9.48% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 7,589 shares of company stock valued at $325,139 over the last ninety days. 1.63% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Invesco Ltd. lifted its stake in shares of Amalgamated Financial by 3.1% during the 4th quarter. Invesco Ltd. now owns 41,687 shares of the company’s stock worth $1,335,000 after purchasing an additional 1,256 shares during the last quarter. Empowered Funds LLC grew its stake in Amalgamated Financial by 9.3% in the fourth quarter. Empowered Funds LLC now owns 126,644 shares of the company’s stock valued at $4,056,000 after purchasing an additional 10,759 shares during the last quarter. Janus Henderson Group PLC bought a new position in Amalgamated Financial in the fourth quarter worth about $209,000. First Manhattan CO. LLC. raised its holdings in Amalgamated Financial by 2.3% in the fourth quarter. First Manhattan CO. LLC. now owns 407,025 shares of the company’s stock worth $13,037,000 after purchasing an additional 9,340 shares in the last quarter. Finally, Balyasny Asset Management L.P. purchased a new stake in shares of Amalgamated Financial during the fourth quarter valued at about $583,000. 75.93% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have weighed in on AMAL shares. Piper Sandler upped their target price on Amalgamated Financial from $44.00 to $48.00 and gave the stock a “neutral” rating in a report on Friday, June 26th. Weiss Ratings upgraded Amalgamated Financial from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 11th. Finally, Zacks Research upgraded Amalgamated Financial from a “strong sell” rating to a “hold” rating in a report on Thursday, June 25th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Amalgamated Financial currently has an average rating of “Hold” and an average target price of $48.00.

About Amalgamated Financial

Amalgamated Financial Corp. (NASDAQ: AMAL) is the bank holding company for Amalgamated Bank, a fully insured commercial bank with a historic mission of serving labor unions, progressive non-profits and mission-driven organizations. Founded in 1923 by the Amalgamated Clothing Workers of America, Amalgamated Bank has grown into a national institution offering a broad suite of banking services, including deposit accounts, commercial and consumer lending, cash management, and treasury solutions tailored to organizations with social responsibility or union affiliations.

In addition to core banking, Amalgamated Financial provides wealth management and trust services, retirement plan consulting and impact investing strategies.