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Amalgamated Financial Corp is currently in a long term uptrend where the price is trading 0.7% above its 200 day moving average.
From a valuation standpoint, the stock is 72.4% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 2.5.
Amalgamated Financial Corp's total revenue rose by 7.7% to $54M since the same quarter in the previous year.
Its net income has increased by 14.8% to $14M since the same quarter in the previous year.
Finally, its free cash flow grew by 49.4% to $46M since the same quarter in the previous year.
Based on the above factors, Amalgamated Financial Corp gets an overall score of 5/5.
Sector | Financial Services |
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Industry | Banks-Regional |
CurrencyCode | USD |
Exchange | NASDAQ |
ISIN | US0226711010 |
Beta | 0.82 |
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Target Price | 24.5 |
Dividend Yield | 2.3% |
PE Ratio | 6.67 |
Market Cap | 535M |
Amalgamated Financial Corp. operates as the bank holding company for Amalgamated Bank that provides commercial and retail banking, investment management, and trust and custody services for commercial and retail customers in the United States. The company accepts various deposit products, including non-interest bearing accounts, interest-bearing demand products, savings accounts, money market accounts, NOW accounts, and certificates of deposit. It also provides various commercial loans comprising commercial and industrial, multifamily mortgage, and commercial real estate loans; and retail loans, such as residential real estate, and consumer and other loans. In addition, the company offers online banking, bill payment, online cash management, and safe deposit box rental services; debit and ATM cards; and trust, custody, and investment management services comprising asset safekeeping, corporate actions, income collections, proxy, account transition, asset transfers, and conversion management services. Further, it provides investment products, such as funds spanning equity, fixed-income, real estate, and alternative investment products; and brokerage, asset management, and insurance products. The company was founded in 1923 and is headquartered in New York, New York.
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