AMAL
Amalgamated Bank
NASDAQ: AMAL · FINANCIAL SERVICES · BANKS - REGIONAL
$40.88
+1.26% today
Updated 2026-04-30
Market cap
$1.21B
P/E ratio
11.84
P/S ratio
3.82x
EPS (TTM)
$3.41
Dividend yield
1.51%
52W range
$25 – $44
Volume
0.2M
Amalgamated Bank (AMAL) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $109.50M | $124.45M | $158.46M | $167.25M | $192.28M | $215.16M | $223.69M | $208.76M | $285.16M | $382.48M | $435.34M | $455.03M |
| Revenue growth (YoY) | — | +13.7% | +27.3% | +5.5% | +15.0% | +11.9% | +4.0% | -6.7% | +36.6% | +34.1% | +13.8% | +4.5% |
| Cost of revenue | $29.50M | $24.11M | $23.30M | $24.43M | $13.96M | $23.15M | $35.27M | $5.93M | $33.65M | $111.44M | $129.15M | $135.23M |
| Gross profit | $80.00M | $100.34M | $135.16M | $142.82M | $178.06M | $192.00M | $188.42M | $202.83M | $251.51M | $271.05M | $306.19M | $319.80M |
| Gross margin | 73.1% | 80.6% | 85.3% | 85.4% | 92.6% | 89.2% | 84.2% | 97.2% | 88.2% | 70.9% | 70.3% | 70.3% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $128.90M | $118.20M | $22.71M | $72.61M | $82.64M | $81.16M | $72.57M | $72.38M | $77.94M | $89.79M | $97.48M | $74.81M |
| Operating income | $-19.40M | $6.25M | $16.38M | $19.72M | $50.32M | $64.17M | $61.94M | $70.72M | $108.16M | $124.73M | $145.32M | $140.10M |
| Operating margin | -17.7% | 5.0% | 10.3% | 11.8% | 26.2% | 29.8% | 27.7% | 33.9% | 37.9% | 32.6% | 33.4% | 30.8% |
| EBITDA | $10.10M | $30.36M | $15.03M | $24.69M | $55.48M | $70.18M | $69.51M | $75.57M | $118.51M | $131.13M | $151.02M | $144.97M |
| EBITDA margin | 9.2% | 24.4% | 9.5% | 14.8% | 28.9% | 32.6% | 31.1% | 36.2% | 41.6% | 34.3% | 34.7% | 31.9% |
| EBIT | $-19.40M | $6.25M | $10.70M | $19.72M | $50.32M | $64.17M | $61.94M | $70.72M | $108.16M | $124.73M | $145.59M | $140.15M |
| Interest expense | $29.50M | $24.11M | $23.30M | $17.76M | $14.22M | $19.32M | $10.48M | $6.22M | $18.65M | $96.77M | $118.87M | $124.44M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-11.80M | $19.53M | $10.56M | $6.11M | $44.65M | $47.20M | $46.19M | $52.94M | $81.48M | $87.98M | $106.43M | $104.45M |
| Net income growth (YoY) | — | +265.5% | -45.9% | -42.1% | +631.1% | +5.7% | -2.1% | +14.6% | +53.9% | +8.0% | +21.0% | -1.9% |
| Profit margin | -10.8% | 15.7% | 6.7% | 3.7% | 23.2% | 21.9% | 20.6% | 25.4% | 28.6% | 23.0% | 24.4% | 23.0% |