Saturday 17 October 2026 Export AMAL’s income statement to Excel — free account

Amalgamated Financial Corp.

Amalgamated Financial Corp.’s revenue for fiscal 2025 (year ended December 2025) was $453.2 million, up 4.29% from fiscal 2024. In the quarter to June 2026, revenue grew 15.5%, EPS grew 36.5%, free cash flow fell 23.5% and total debt fell 7.56%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for three.

47.13 0.04 +0.08%

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Market cap: $1.4B
P/E: 12.4×
Fwd P/E: 10.7×
Dividend yield: 1.38%
F-score: 5/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 84.39

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	1	—	1	4	2	3	—	3	1	4	13	1

Insider Ownership 37.35%

Capital & Financial Ratios $m

Market Cap 1,410.00

Revenue 486.02

Net Income 113.42

Free Cash Flow 146.61

Net Debt (157.30)

Current Ratio 0.64

Debt/Equity 0.08

P/E ratio 12.44

Fwd P/E 10.70

P/S ratio 2.90

P/B ratio 1.69

Past 5Y EPS Growth 18.17%

This Y EPS Growth 11.03%

Next Y EPS Growth 14.77%

Next Y revenue growth (15.09%)

Next 5Y EPS Growth 15.10%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 79.93%

10-year low 10-year high

P/S against its own 10 years 91.77%

10-year low 10-year high

P/B against its own 10 years 96.72%

10-year low 10-year high

Dividends

Payout Ratio 0.17

Annual Dividend Rate 0.65

Annual Dividend Yield 1.38%

	total	individual payouts
2027	Powerpack
2026	0.68	0.17 0.17 0.17
2025	0.56	0.14 0.14 0.14 0.14
2024	0.46	0.10 0.12 0.12 0.12
2023	0.40	0.10 0.10 0.10 0.10
2022	0.36	0.08 0.08 0.10 0.10
2021	0.32	0.08 0.08 0.08 0.08
2020	0.32	0.08 0.08 0.08 0.08
2019	0.26	0.06 0.06 0.06 0.08
2018	0.06	0.06

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	141	84	340	227
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	4,543	4,796	5,308	5,371

	2023	2024	2025	Q'26
Payables	7,012	7,181	7,949	8,458
ST’ Debt	—	—	—	—
Other	—	—	—	—
	7,012	7,181	7,949	8,458

Compound Annual Growth %

	10y	5y	3y
Sales	—	14.42%	17.08%
Cash Flow	—	15.60%	(2.68%)
Earnings	—	17.73%	8.63%
Book Value	—	8.20%	16.00%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	123	129	—	—	—
’25	107	112	119	115	453
’24	107	108	112	107	435
’23	90	94	98	105	387
’22	58	66	76	83	282
’21	47	49	52	61	209
’20	58	56	60	58	231

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	57	30	—	—	—
’25	34	25	39	37	136
’24	31	28	36	29	124
’23	35	27	40	15	117
’22	17	51	26	53	147
’21	12	13	29	17	71
’20	18	0	2	46	66

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	51	20	—	—	—
’25	32	26	38	38	134
’24	31	28	35	28	122
’23	35	27	39	15	116
’22	16	51	26	53	146
’21	11	12	28	17	68
’20	17	0	2	46	64

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.84	1.15	—	—	—
’25	0.81	0.84	0.88	0.88	3.41
’24	0.89	0.87	0.90	0.79	3.44
’23	0.69	0.70	0.73	0.74	2.86
’22	0.45	0.63	0.74	0.80	2.61
’21	0.39	0.33	0.46	0.50	1.68
’20	0.30	0.33	0.40	0.44	1.48

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	16.00	14.58	7.90	13.28	15.58	14.05	21.33	25.03	Analyst estimates 2026–2028 Powerpack
	High	—	—	22.97	20.50	19.54	20.22	27.33	27.77	38.19	37.26
People
People	Employees	—	—	—	—	370	375	409	425	429	450
	Revenue/emp, $m	0.00	0.00	0.00	0.00	0.62	0.56	0.69	0.91	1.01	1.01
Income, $m
Income, $m	Revenue	135	149	192	215	231	209	282	387	435	453
	Gross margin, %	0.00	0.00	92.61	91.02	95.47	97.02	93.40	75.02	72.64	72.54
	EBT	11	20	50	64	62	71	108	125	146	140
	EBT margin, %	7.91	13.22	26.17	29.83	26.80	33.85	38.30	32.20	33.51	30.93
	Net income	21	12	0	47	46	53	81	88	106	104
	Depreciation	—	—	0	2	13	11	11	6	5	7
Per share, $
Per share, $	Revenue	0.21	0.23	6.33	6.78	7.42	6.72	9.16	12.68	14.21	14.94
	Earnings	0.02	0.01	1.22	1.49	1.48	1.70	2.64	2.88	3.48	3.44
	Cash flow	0.01	0.03	0.00	2.63	2.11	2.27	4.78	3.84	4.06	4.48
	Capex	0.00	0.00	0.00	(0.02)	(0.05)	(0.08)	(0.05)	(0.05)	(0.06)	(0.05)
	Free cash flow	0.01	0.03	0.00	2.61	2.06	2.19	4.73	3.79	4.00	4.43
	Book value	0.54	0.54	0.00	15.46	17.21	18.13	16.51	19.16	23.14	26.20
	Shares, m	635	635	30	32	31	31	31	31	31	30
Valuation, ×
Valuation, ×	P/E	42.31	42.31	20.53	13.14	9.35	9.92	8.70	9.22	9.62	9.28
	P/S	0.00	0.00	0.00	2.85	1.85	2.50	2.53	2.09	2.36	2.14
	P/B	0.00	0.00	0.00	1.25	0.80	0.93	1.40	1.39	1.45	1.22
	EV/Sales	0.00	0.00	0.00	2.63	1.20	0.22	4.54	2.52	2.89	1.55
	EV/FCF	0.00	0.00	0.00	0.00	4.32	0.67	8.80	8.43	10.25	5.22
Cash, $m
Cash, $m	Operating cash flow	8	19	0	83	66	71	147	117	124	136
	Capex	(13)	(2)	0	(1)	(2)	(2)	(2)	(1)	(2)	(1)
	Free cash flow	8	19	0	83	64	68	146	116	122	134
Balance, $m
Balance, $m	Working capital	—	—	—	(1,058)	(1,663)	(2,488)	(2,395)	(2,468)	(2,385)	(2,642)
	Total debt	674	759	93	75	43	84	658	305	314	70
	Net debt	674	759	93	(48)	(151)	(476)	568	164	230	(270)
	Shareholders’ equity	341	344	—	491	536	564	509	585	708	794
Returns, %
Returns, %	ROA	0.52	0.30	2.21	1.01	0.82	0.81	1.09	1.11	1.31	1.22
	ROIC	0.00	0.00	33.82	9.05	10.05	50.12	6.27	10.40	9.71	16.71
	ROE	6.29	3.59	11.51	10.16	9.00	9.63	15.19	16.08	16.46	13.91

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
CASH Pathward Financial, Inc.	$1.5B	9.1×	9.2×	−3.18% (below 0%: shrinking)	−24.73% (below 0%: shrinking)	+20.54% (above 0%: growing)	99.41%	0.00%	Compare
TFIN Triumph Financial, Inc.	$1.5B	41.6×	40.6×	+13.51% (above 0%: growing)	+193.33% (above 0%: growing)	+372.54% (above 0%: growing)	82.38%	0.00%	Compare
ESQ Esquire Financial Holdings, Inc.	$1.4B	18.4×	28.7×	+18.87% (above 0%: growing)	+6.08% (above 0%: growing)	+59.96% (above 0%: growing)	88.35%	0.00%	Compare
LKFN Lakeland Financial Corporation	$1.4B	13.3×	13.8×	+1.75% (above 0%: growing)	+8.57% (above 0%: growing)	+36.16% (above 0%: growing)	65.79%	0.00%	Compare
AMAL Amalgamated Financial Corp.	$1.4B	12.4×	10.7×	+15.47% (above 0%: growing)	+36.47% (above 0%: growing)	−23.52% (below 0%: shrinking)	75.97%	0.00%
BHRB Burke & Herbert Financial Services Corp.	$1.4B	11.1×	8.4×	+20.93% (above 0%: growing)	−74.75% (below 0%: shrinking)	+49.60% (above 0%: growing)	70.87%	0.00%	Compare
WABC Westamerica Bancorporation	$1.4B	13.5×	12.7×	−2.49% (below 0%: shrinking)	+4.46% (above 0%: growing)	−33.14% (below 0%: shrinking)	94.98%	0.00%	Compare
TMP Tompkins Financial Corporation	$1.4B	7.9×	11.6×	+2.51% (above 0%: growing)	+36.42% (above 0%: growing)	−198.57% (below 0%: shrinking)	73.16%	0.00%	Compare
CTBI Community Trust Bancorp, Inc.	$1.4B	12.5×	11.1×	+6.97% (above 0%: growing)	+18.84% (above 0%: growing)	+217.37% (above 0%: growing)	72.12%	0.00%	Compare
Median of peers	$1.4B	12.9×	12.1×	+4.74%	+7.33%	+42.88%	77.77%	0.00%

All 323 Banks Regional stocks →

Amalgamated Financial Corp. (AMAL) key facts

Strength: Amalgamated Financial Corp.’s revenue for fiscal 2025 (year ended December 2025) was $453.2 million, up 4.29% from fiscal 2024.
Amalgamated Financial Corp. (AMAL) is a Banks Regional company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, AMAL traded at $47.13, a market capitalization of $1.4 billion.
Amalgamated Financial Corp. pays an annual dividend of $0.65 per share, a yield of 1.38%, with a payout ratio of 17.3%.
Return on equity was 13.9% and debt-to-equity 0.08.
Its Piotroski F-score is 5 out of 9 for fiscal 2025.