Amalgamated Financial Corp. income statement
In fiscal 2025, Amalgamated Financial Corp. reported revenue of $329m, up 4.1% on the year before and net income of $104m, or $3.41 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 178 | 196 | 221 | 203 | 264 | 291 | 316 | 329 | 379 |
| Interest expense | 14 | 19 | 10 | 6 | 19 | 97 | — | — | — |
| Net interest income | 150 | 167 | 180 | 174 | 240 | 261 | 282 | 298 | 332 |
| Non-interest income | 28 | 29 | 41 | 28 | 24 | 29 | 33 | 31 | 47 |
| Non-interest expense | 128 | 128 | 134 | 132 | 141 | 151 | 160 | 172 | 188 |
| Provision for credit losses | −0 | 4 | 25 | −0 | 15 | 13 | 10 | 18 | 27 |
| Income before tax | 50 | 64 | 62 | 71 | 108 | 125 | 146 | 140 | 163 |
| Income tax | 6 | 17 | 16 | 18 | 27 | 37 | 39 | 36 | 40 |
| Net income | 45 | 47 | 46 | 53 | 81 | 88 | 106 | 104 | 123 |
| Diluted EPS | $1.46 | $1.47 | $1.48 | $1.68 | $2.61 | $2.86 | $3.44 | $3.41 | $4.07 |
| Diluted shares (average) | 31m | 32m | 31m | 32m | 31m | 31m | 31m | 31m | 30m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 78 | 77 | 81 | 86 | 85 | 93 | 98 | 102 |
| Net interest income | 73 | 71 | 73 | 76 | 78 | 80 | 86 | 88 |
| Non-interest income | 5 | 6 | 8 | 9 | 7 | 13 | 12 | 14 |
| Non-interest expense | 41 | 42 | 41 | 44 | 46 | 46 | 47 | 49 |
| Provision for credit losses | 3 | 0 | 5 | 7 | 6 | 14 | 4 | 4 |
| Income before tax | 33 | 35 | 35 | 37 | 33 | 34 | 47 | 49 |
| Income tax | 9 | 10 | 9 | 10 | 7 | 9 | 12 | 13 |
| Net income | 24 | 25 | 26 | 27 | 27 | 25 | 35 | 36 |
| Diluted EPS | $0.79 | $0.81 | $0.84 | $0.88 | $0.88 | $0.84 | $1.15 | $1.20 |
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