Amalgamated Financial Corp. (AMAL)

USD 33.41

(-4.84%)

Market Cap (In USD)

1.02 Billion

Revenue (In USD)

274.57 Million

Net Income (In USD)

87.97 Million

Avg. Volume

165 Thousand

Currency
USD
Country
Financial Services
Open
-
Prev. Close
-
Day Range
-
Year Range
21.33-38.19
PE
-
EPS
-
Beta Value
0.907
ISIN
US0226711010
CUSIP
022671101
CIK
1823608
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Financial Services
Industry
Banks - Regional
CEO
Ms. Priscilla Sims Brown
Employee Count
-
Website
https://www.amalgamatedbank.com
Ipo Date
2018-08-09
Details
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. The company accepts various deposit products, including non-interest bearing accounts, interest-bearing demand products, savings accounts, money market accounts, NOW accounts, and certificates of deposit. It also provides various commercial loans comprising commercial and industrial, multifamily mortgage, and commercial real estate loans; and retail loans, such as residential real estate, and consumer and other loans. In addition, the company offers online banking, bill payment, online cash management, and safe deposit box rental services; debit and ATM cards; and trust, custody, and investment management services comprising asset safekeeping, corporate actions, income collections, proxy, account transition, asset transfers, and conversion management services. Further, it provides investment products, such as equity, fixed-income, real estate, and alternative investment products; and brokerage, asset management, and insurance products. The company operates through its three branch offices across New York City, one branch office in Washington, D.C., one branch office in San Francisco, one commercial office in Boston, and digital banking platform. Amalgamated Financial Corp. was founded in 1923 and is headquartered in New York, New York.