Recent Updates — AMAL
Amalgamated Financial Corp. reported record second quarter 2026 net income of $34.8 million, or $1.15 per diluted share, and record core net income of $33.1 million, or $1.10 per diluted share. Net interest margin rose 3 basis points to 3.78%, while net interest income grew 7.4% to $86.1 million. On-balance sheet deposits increased $280.3 million to $8.5 billion, with political deposits reaching a record $2.1 billion. Net loans receivable grew $114.9 million to $5.1 billion. The company approved a new $40 million share repurchase program on June 9, 2026, and raised its full-year 2026 guidance. The company is a bank holding company that provides commercial banking and trust services through Amalgamated Bank.
Amalgamated Financial Corp. declared a quarterly dividend of $0.17 per share, which is payable on August 20, 2026, to shareholders of record on August 4, 2026. The company is a bank holding company providing commercial banking and trust services.