Amalgamated Financial (AMAL) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Amalgamated Financial

NasdaqGM•Financial Services•Banks - Regional

$47.95+0.12(<0.01%)Market open

Market Cap

$1.43B

P/E

12.6x

P/S

2.9x

P/B

1.7x

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 in the United States. It accepts various deposit products, including non-interest-bearing accounts, interest-bearing demand products, savings accounts, money market accounts, NOW accounts, time deposits, and certificates of deposit. The company also provides commercial and industrial, multifamily mortgage, commercial real estate, residential real estate mortgage, consumer solar, and consumer and other loans. In addition, it offers online banking, bill payment, online cash management, safe deposit box rentals, debit card, and ATM card services; and trust, custody, and investment management services, including asset safekeeping, corporate actions, income collections, proxy services, account transition, asset transfers, and conversion management. Further, the company provides investment products, such as index and actively-managed funds, which include equity, fixed-income, real estate, and alternative investments; and investment, brokerage, asset management, and insurance products, as well as lending services. Amalgamated Financial Corp. was founded in 1923 and is headquartered in New York, New York.

How this company scores

GoodMetricSide Score: 77/100

Strongest: Cash & Earnings Quality (25/25); weakest: Balance Sheet & Red Flags (8/25).

Profitability23/25

Growth21/25

Balance Sheet & Red Flags8/25

Cash & Earnings Quality25/25

Strengths

Rising free cash flowStrong marginsCash-backed earningsConsistent free cash flow

No red flags in the last 8 quarters.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 12.6x5y range 8.0x – 18.7x

Currently near its 20-quarter median.

P/S · 2.9x5y range 1.8x – 4.7x

Currently near its 20-quarter median.

P/B · 1.7x5y range 1.1x – 2.0x

Price & Volume

Market Cap $1.43B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $486.01M
Q. Revenue: $129.47M
TTM EBITDA: $158.55M
TTM Op. Income: $150.64M
Q. Op. Income: $46.62M
TTM Net Income: $113.42M
Q. Net Income: $34.77M
EPS: $1.16
Shares Out.: $29.88M

$486.01M in TTM revenue grew 10.9% YoY, reaching $129.47M last quarter. TTM EBITDA of $158.55M and TTM operating income of $150.64M show growth is flowing through to the bottom line. TTM net income of $113.42M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 5 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 76.0%
EBITDA Margin: 36.1%
Op. Margin: 36.0%
Net Margin: 26.9%

Op. margin of 36.0% is up 4.4% YoY — cost efficiency is improving. Net margin at 26.9% and gross margin of 76.0% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 14% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 12.6x
P/S Ratio: 2.9x
P/B Ratio: 1.7x

At 12.6x P/E, the stock trades below typical market levels. P/S of 2.9x and P/B of 1.7x provide additional context. P/E sits below typical market levels while revenue is growing. Across the last 8 quarters, P/E has risen for 3 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $9.41B
Cash: $167.78M
Long-Term Debt: N/A
Book Value: $834.99M
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $30.48M
TTM Free Cash Flow: $146.61M
FCF Margin: 30.2%
FCF / Net Income: 1.3

TTM FCF of $146.61M on $30.48M in operating cash flow. The FCF / Net Income ratio of 1.3x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 21% — a weakening trend.