Amalgamated Financial Corp. (AMAL) Financial Statements (2026 and earlier)

Company Profile

Business Address 275 SEVENTH AVE.
NEW YORK, NY 10001
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 6022 - State Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments291,21760,74990,57063,540330,48538,769
Cash and cash equivalent291,21760,74990,57063,540330,48538,769
Debt securities, held-to-maturity, accrued interest, after allowance for credit loss✕✕✕35,100   
Total current assets:291,21760,749125,67063,540330,48538,769
Noncurrent Assets
Operating lease, right-of-use asset9,60214,23121,07428,23633,11536,104
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization4,6856,3867,8079,85611,73512,977
Long-term investments and receivables7,9798,48213,0248,3056,85611,735
Long-term investments7,9798,48213,0248,3056,85611,735
Intangible asset, including goodwill, after accumulated amortization14,76215,91017,37019,14621,23823,654
Goodwill12,93612,93612,93612,93612,93612,936
Intangible asset, excluding goodwill, after accumulated amortization1,8262,9744,4346,2108,30210,718
Deferred income tax assets30,75042,43756,60362,50726,71936,079
Total noncurrent assets:67,77887,446115,878128,05099,663120,549
Other undisclosed assets8,510,8418,108,6977,730,7767,651,5346,647,7285,819,313
TOTAL ASSETS:8,869,8368,256,8927,972,3247,843,1247,077,8765,978,631
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities8,075,3727,549,2387,386,9607,334,1696,514,0015,442,810
Total liabilities:8,075,3727,549,2387,386,9607,334,1696,514,0015,442,810
Equity
Equity, attributable to parent794,464707,654585,231508,822563,742535,688
Common stock312308307307311310
Treasury stock, value(35,163)(2,817)(5,337)   
Additional paid in capital294,134288,656288,232286,947297,975300,989
Accumulated other comprehensive income (loss)(32,088)(58,637)(86,004)(108,707)5,40917,176
Retained earnings567,269480,144388,033330,275260,047217,213
Equity, attributable to noncontrolling interest   133133133133
Total equity:794,464707,654585,364508,955563,875535,821
TOTAL LIABILITIES AND EQUITY:8,869,8368,256,8927,972,3247,843,1247,077,8765,978,631

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues239,806206,154189,714143,588126,675147,032
Net investment income245,957224,049197,074147,835124,139142,907
Cost of revenue
(Provision for Loan, Lease, and Other Losses)		      (24,791)
Gross profit:239,806206,154189,714143,588126,675122,241
Operating expenses(54,688)(47,301)(46,055)(46,659)(47,463)(50,459)
Other operating income, net
(Noninterest Income, Other Operating Income)		2,0172,0792,7081,7691,0152,042
Operating income:187,135160,932146,36798,69880,22773,824
Nonoperating income3,1242,4982,8823,7001,9812,603
Losses on sales of other real estate    (168)(407)(482)
Bank owned life insurance income3,1242,4982,8823,8682,3883,085
Interest and debt expense  1,076(96,766)(18,649)(6,222)(10,479)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(50,104)(18,917)72,247 (5,261)(4,005)
Income from continuing operations before equity method investments, income taxes:140,155145,589124,73083,74970,72561,943
Income from equity method investments      7,411
Other undisclosed income from continuing operations before income taxes    24,415  
Income from continuing operations before income taxes:140,155145,589124,730108,16470,72569,354
Income tax expense(35,708)(39,155)(36,752)(26,687)(17,788)(15,755)
Income from continuing operations:104,447106,43487,97881,47752,93753,599
Income before gain (loss) on sale of properties:✕✕✕✕✕52,93753,599
Other undisclosed net loss