Amalgamated Financial (AMAL) Reports Prelim Q2

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Go back to Amalgamated Financial (AMAL) Reports Prelim Q2

Amalgamated Financial Corp. Reports Preliminary Results for the Second Quarter 2023 and Announces Second Quarter 2023 Earnings Conference Call

July 17, 2023 6:30 AM EDT

Immediate Liquidity Coverage at 183% of Uninsured Deposits Excluding Super-Core

Common Equity Tier 1 Capital Ratio of 12.49%, Above "Well Capitalized" Levels

NEW YORK, July 17, 2023 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (Amalgamated or the Company) (Nasdaq: AMAL) today announced preliminary results for the second quarter of 2023.

Second Quarter 2023 Highlights (on a linked quarter basis)

Net income of $21.6 million, or $0.70 per diluted share, compared to $21.3 million, or... More