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Globe Newswire (Thu, 24-Oct 6:25 AM ET)
Amalgamated Financial Corp. Declares Regular Quarterly Dividend
Globe Newswire (Tue, 22-Oct 4:30 PM ET)
Amalgamated Financial Corp. Announces Third Quarter 2024 Earnings Conference Call
Globe Newswire (Thu, 10-Oct 4:25 PM ET)
Amalgamated Bank Issues Annual Environmental, Social and Governance Report for 2023
Globe Newswire (Wed, 25-Sep 4:10 PM ET)
Amalgamated Financial Corp is a bank holding company. It is a full-service commercial bank and a chartered trust company. It provides commercial banking and trust services nationally and offers a range of products and services to commercial and retail customers. It offers a complete suite of commercial and retail banking, investment management, and trust and custody services.
Amalgamated Financial Corp. trades on the NASDAQ stock market under the symbol AMAL.
As of November 8, 2024, AMAL stock price climbed to $35.76 with 27,093 million shares trading.
AMAL has a beta of 1.10, meaning it tends to be more sensitive to market movements. AMAL has a correlation of 0.14 to the broad based SPY ETF.
AMAL has a market cap of $1.10 billion. This is considered a Small Cap stock.
Last quarter Amalgamated Financial Corp. reported $81 million in Revenue and $.91 earnings per share. This beat revenue expectation by $606,000 and exceeded earnings estimates by $.08.
In the last 3 years, AMAL traded as high as $38.19 and as low as $14.05.
The top ETF exchange traded funds that AMAL belongs to (by Net Assets): IWM, VTI, AVUV, VXF, KRE.
AMAL has outperformed the market in the last year with a price return of +88.4% while the SPY ETF gained +38.3%. AMAL has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +28.1% and +7.0%, respectively, while the SPY returned +15.5% and +3.1%, respectively.
AMAL support price is $34.50 and resistance is $36.14 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AMAL shares will trade within this expected range on the day.