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- Market Cap.:
- $687.07 million
- Book Value:
- Revenue TTM:
- $248.74 million
- Operating Margin TTM:
- Gross Profit TTM:
- $248.74 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Amalgamated Bank had its IPO on 2018-08-09 under the ticker symbol AMAL.
The company operates in the Financial Services sector and Banks-Regional industry. Amalgamated Bank has a staff strength of 0 employees.
Shares of Amalgamated Bank opened at $17.73 at the start of the last trading session i.e. 2023-03-31.
The stocks traded within a range of $17.3 - $17.94, and closed at $17.69.
This is a +0.17% increase from the previous day's closing price.
A total volume of 392,475 shares were traded at the close of the day’s session.
In the last one week, shares of Amalgamated Bank have slipped by -2.8%.
Amalgamated Bank's Key Ratios
Amalgamated Bank has a market cap of $687.07 million, indicating a price to book ratio of 1.401 and a price to sales ratio of 3.0896.
In the last 12-months Amalgamated Bank’s revenue was $248.74 million with a gross profit of $248.74 million and an EBITDA of $0. The EBITDA ratio measures Amalgamated Bank's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Amalgamated Bank’s operating margin was 43.91% while its return on assets stood at 1.09% with a return of equity of 15.19%.
In Q3, Amalgamated Bank’s quarterly earnings growth was a positive 57.7% while revenue growth was a positive 20.2%.
Amalgamated Bank’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $2.33 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Amalgamated Bank’s profitability.
Amalgamated Bank stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.0896.
Amalgamated Bank stock pays annual dividends of $0 per share, indicating a yield of 1.74% and a payout ratio of 14.02%.
Balance sheet and cash flow metrics
- Total Assets
- $7.87 billion
- Total Liabilities
- $7.16 billion
- Operating Cash Flow
- Capital Expenditure
- Dividend Payout Ratio
Amalgamated Bank ended 2023 with $7.87 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $7.87 billion while shareholder equity stood at $487.61 million.
Amalgamated Bank ended 2023 with $0 in deferred long-term liabilities, $7.16 billion in other current liabilities, 307000.00 in common stock, $308.74 million in retained earnings and $12.94 million in goodwill. Its cash balance stood at $66.22 million and cash and short-term investments were $2.02 billion. The company’s total short-term debt was $0 while long-term debt stood at $152.68 million.
Amalgamated Bank’s total current assets stands at $3.97 billion while long-term investments were $3.46 billion and short-term investments were $1.96 billion. Its net receivables were $34.77 million compared to accounts payable of $7.16 billion and inventory worth $0.
In 2023, Amalgamated Bank's operating cash flow was $-226833000.00 while its capital expenditure stood at $562000.
Comparatively, Amalgamated Bank paid $0.14 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Amalgamated Bank stock is currently trading at $17.69 per share. It touched a 52-week high of $27.2111 and a 52-week low of $27.2111. Analysts tracking the stock have a 12-month average target price of $28.5.
Its 50-day moving average was $21.79 and 200-day moving average was $22.6 The short ratio stood at 4.25 indicating a short percent outstanding of 0%.
Around 51.2% of the company’s stock are held by insiders while 6628.1% are held by institutions.
Frequently Asked Questions About Amalgamated Bank
Similar Industry Stocks (Banks-Regional)
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. Amalgamated Financial Corp. was founded in 1923 and is headquartered in New York, New York.