Amalgamated Financial Corp. - Understand $amal stock

$AMAL Market Cap: $1.101 Billion

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Financial Snapshot

Revenue

$298.7M

TTM

Gross Margin

Net Earnings

$104.6M

TTM

Current Assets

Current Liabilities

$22.29M

Q3 2024

Current Ratio

Total Assets

$8.414B

Q3 2024

Total Liabilities

$7.715B

Q3 2024

Book Value

$698.2M

Q3 2024

Cash

$149.2M

Q3 2024

P/E

10.52

Nov 29, 2024 EST

Free Cash Flow

$148.5M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$358.1M	$258.5M	$180.5M	$190.5M	$186.0M	$164.0M
YoY Change	38.53%	43.19%	-5.23%	2.44%	13.41%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018
Revenue	$358.1M	$258.5M	$180.5M	$190.5M	$186.0M	$164.0M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.526M	$3.547M	$3.638M	$6.194M	$4.629M	$4.196M	$4.970M	$4.330M
YoY Change	-0.59%	-2.5%	-41.27%	33.81%	10.32%	-15.57%	14.78%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018
Interest Expense	$96.77M	$18.65M	$6.222M	$10.48M	$19.32M	$14.22M
YoY Change	418.88%	199.73%	-40.62%	-45.75%	35.85%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Pretax Income	$124.7M	$108.2M	$70.73M	$61.94M	$64.17M	$50.32M	$19.70M	$10.70M
YoY Change	15.32%	52.94%	14.18%	-3.48%	27.53%	155.43%	84.11%	72.58%
Income Tax	$36.75M	$26.69M	$17.79M	$15.76M	$16.97M	$5.666M	-$300.0K	$100.0K
% Of Pretax Income	29.47%	24.67%	25.15%	25.43%	26.45%	11.26%	-1.52%	0.93%
Net Earnings	$87.98M	$81.48M	$52.94M	$46.19M	$47.20M	$44.65M	$6.100M	$10.60M
YoY Change	7.98%	53.91%	14.61%	-2.15%	5.71%	632.03%	-42.45%	-45.64%
Net Earnings / Revenue	24.57%	31.52%	29.32%	24.25%	25.38%	27.23%
Basic Earnings Per Share	$2.88	$2.64	$1.70	$1.48	$1.49	$1.47
Diluted Earnings Per Share	$2.86	$2.612M	$1.68	$1.48	$1.47	$1.46	$191.8K	$333.3K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$28.88M	$38.09M	$44.85M	$49.10M	$65.10M	$21.70M	$22.40M	$25.50M
YoY Change	-24.18%	-15.07%	-8.66%	-24.58%	200.0%	-3.13%	-12.16%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$13.02M	$8.305M	$6.856M	$11.70M
YoY Change	56.82%	21.13%	-41.4%
Other Assets	$56.60M	$62.51M	$30.00M	$47.30M	$31.40M	$39.70M	$39.30M	$49.80M
YoY Change	-9.45%	108.37%	-36.58%	50.64%	-20.91%	1.02%	-21.08%
Total Long-Term Assets
YoY Change
Total Assets	$7.972B	$7.843B	$7.078B	$5.979B	$5.325B	$4.686B	$4.041B	$4.043B
YoY Change
Accounts Payable							$1.400M	$2.900M
YoY Change							-51.72%
Accrued Expenses	$30.65M	$40.78M	$48.16M	$53.20M	$62.40M		$0.00	$0.00
YoY Change	-24.85%	-15.33%	-9.47%	-14.74%
Deferred Revenue
YoY Change
Short-Term Debt	$230.0M
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$260.6M	$40.78M	$48.16M	$53.20M	$62.40M		$1.400M	$2.900M
YoY Change	539.17%	-15.33%	-9.47%	-14.74%			-51.72%
Long-Term Debt	$70.55M	$77.71M	$83.83M	$0.00	$0.00	$0.00	$402.6M	$0.00
YoY Change	-9.22%	-7.3%				-100.0%
Other Long-Term Liabilities	$39.40M	$40.65M	$25.76M	$50.90M	$56.40M	$47.90M	$59.90M	$50.10M
YoY Change	-3.07%	57.81%	-49.4%	-9.75%	17.75%	-20.03%	19.56%
Total Long-Term Liabilities	$109.9M	$118.4M	$109.6M	$50.90M	$56.40M	$47.90M	$462.5M	$50.10M
YoY Change	-7.1%	8.0%	115.3%	-9.75%	17.75%	-89.64%	823.15%
Total Liabilities	$7.387B	$7.334B	$6.514B	$5.443B	$4.835B	$4.246B	$3.697B	$3.702B
YoY Change	0.72%	12.59%	19.68%	12.58%	13.86%	14.85%	-0.12%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018
Basic Shares Outstanding	30.56M shares	30.82M shares	31.10M shares	31.13M shares	31.73M shares	30.37M shares
Diluted Shares Outstanding	30.79M shares	31.19M shares	31.51M shares	31.23M shares	32.21M shares	30.63M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $1.1007 Billion

About Amalgamated Financial Corp.

Amalgamated Financial Corp. operates as a holding company for Amalgamated Bank. The company is headquartered in New York City, New York and currently employs 425 full-time employees. The company went IPO on 2018-06-06. The Bank offers a complete suite of commercial and retail banking, investment management and trust and custody services. Its commercial banking and trust businesses are national in scope and the Bank also offers a full range of products and services to both commercial and retail customers through its three branch offices across New York City, one branch office in Washington, D.C., one branch office in San Francisco, one commercial office in Boston and its digital banking platform. Its corporate divisions include Commercial Banking, Trust and Investment Management and Consumer Banking. Its product line includes residential mortgage loans, commercial and industrial (C&I) loans, commercial real estate (CRE) loans, multifamily loans, consumer loans and a variety of commercial and consumer deposit products. The company also offers online banking and bill payment services, online cash management, safe deposit box rentals and others.

Industry: State Commercial Banks Peers: Bank First Corp FIRST BANCSHARES INC /MS/ GREAT SOUTHERN BANCORP, INC. HANMI FINANCIAL CORP HarborOne Bancorp, Inc. HERITAGE COMMERCE CORP Metropolitan Bank Holding Corp. PNC FINANCIAL SERVICES GROUP, INC. REPUBLIC BANCORP INC /KY/ UNIVEST FINANCIAL Corp