NASDAQ$AMAL

Amalgamated Financial Corp · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

AMAL reported Q1 2025 revenue of $70.6M, net income of $25.0M, diluted EPS of $0.81.

For Q1 2025, AMAL reported Revenue was $70.6M, net income was $25.0M, diluted EPS was $0.81. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $70.6M for Q1 2025.
  • Net income $25.0M.
  • Diluted EPS $0.81.

Headline financials

Total Revenue

$77M

Previous: $78.3M-1.6%
EPS (adj)

$0.81

Previous: $0.89-9.0%
Net Interest Margin

3.5%

Previous: 3.5%+1.7%
Cost of Deposits

1.6%

Previous: 1.5%+8.9%
CET1 Capital Ratio

14.3%

Previous: 13.7%+4.3%
Tier 1 Leverage Ratio

9.2%

Previous: 8.3%+11.2%
Tier 1 Risk-Based Ratio

14.3%

Previous: 13.7%+4.3%
Total Risk-Based Ratio

16.6%

Previous: 16.4%+1.6%
ROAA

1.2%

Previous: 1.4%-10.3%
Core ROAA

1.3%

Previous: 1.3%+4.7%
ROAE

14.1%

Previous: 18.2%-23.0%
Core ROTCE

15.5%

Previous: 17.6%-11.7%
Avg Equity / Avg Assets

8.7%

Previous: 7.4%+17.1%
Loan Yield

5.0%

Previous: 4.8%+5.0%
Securities Yield

5.2%

Previous: 5.2%-1.2%
Efficiency Ratio

54.1%

Previous: 48.8%+11.0%
Core Efficiency Ratio

52.1%

Previous: 50.4%+3.4%
Nonaccrual Loans / Loans

0.7%

Previous: 0.8%-6.7%
NPAs / Assets

0.4%

Previous: 0.4%-2.4%
ACL / Nonaccrual Loans

175.1%

Previous: 195.0%-10.2%
ACL / Total Loans

1.2%

Previous: 1.5%-15.8%
Net Charge-offs / Avg Loans

0.2%

Previous: 0.2%+10.0%
Capital Expenditures

-$1.75M

Previous: -$207K-746.9%
Net Income

$25M

Previous: $27.2M-8.2%
Operating Income

$34.7M

Previous: $38.3M-9.4%

Revenue & EPS history

Amalgamated Financial · Revenue · Quarterly

$77M

Q1 2025-1.6%vs Q1 2024
Beat estimate in 12 of 14 quarters(86%)
ActualEstimate

Revenue by segment

Amalgamated Financial · $8.29M total across 5 segments · Q1 2023

  • Trust Fees
    $3.93M
  • Deposit Fees
    $2.46M
  • Other Income
    $973K
  • BOLI Income
    $781K
  • Equity Inv. Income
    $153K

Forward guidance

Insurance and annuity outlook depends on spreads, hedging, and reserve mechanics under LDTI.

Tailwinds

  • Fee and spread income on retirement assets.
  • Capital generation when markets cooperate.

Headwinds

  • Hedge and MRB volatility can swing GAAP earnings.
  • Rate and equity moves affect DAC and reserves.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.8%

Avg return

Earnings day

+1.6%

Avg return

5 days after

+3.1%

Avg return

30 days after

59%

19 / 32 earnings

Positive

+12.4%

Q3 2023

Best reaction

-7.7%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.3%-2.7%-2.4%
Q4 2025+6.9%+5.9%+12.3%
Q3 2025+3.0%+4.4%+8.0%
Q2 2025-0.9%-4.4%-4.1%
Q1 2025-1.4%+2.3%+5.2%
Q4 2024-4.9%-7.0%-11.1%
Q3 2024-0.6%+0.0%+7.4%
Q2 2024+1.0%+1.0%+1.9%
Q1 2024+2.6%+2.3%+5.5%
Q4 2023-1.5%+3.5%-11.0%
Q3 2023+12.4%+17.1%+32.8%
Q2 2023-2.6%-4.7%-15.0%
Q1 2023-1.0%-8.8%-10.4%
Q4 2022-2.5%-1.0%+1.0%
Q3 2022+1.4%+7.3%+15.0%
Q2 2022+5.5%+6.2%+4.1%
Q1 2022+1.4%+9.2%+15.0%
Q4 2021+0.3%+3.5%+7.0%
Q3 2021+2.1%+4.4%-4.9%
Q2 2021-1.3%-0.6%+1.2%
Q1 2021+0.2%-1.4%-3.4%
Q4 2020+6.5%+7.8%+27.5%
Q3 2020-3.9%-2.1%+15.9%
Q2 2020+10.3%+2.1%+7.3%
Q1 2020-7.7%-14.7%-4.4%
Q4 2019+3.1%+8.5%-7.8%
Q3 2019+0.3%+7.5%+11.5%
Q2 2019+1.1%-1.7%-5.9%
Q1 2019+2.5%+4.7%+0.2%
Q4 2018-2.8%-3.3%-8.9%
Q3 2018+0.3%+2.9%+7.0%
Q2 2018+1.5%+3.8%+1.8%
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017

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