Amalgamated Financial: Q3 Earnings Snapshot
By AP News
Published - Oct 24, 2024, 06:33 AM ET
Last Updated - Dec 16, 2024, 06:02 PM EST
NEW YORK (AP) — NEW YORK (AP) — Amalgamated Financial Corp. (AMAL) on Thursday reported third-quarter profit of $27.9 million.
The New York-based company said it had net income of 90 cents per share. Earnings, adjusted for non-recurring costs, came to 91 cents per share.
The bank posted revenue of $111.8 million in the period. Its adjusted revenue was $81 million.
Amalgamated Financial shares have climbed 26% since the beginning of the year. The stock has more than doubled in the last 12 months.
