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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.
Industry | Banks - Regional |
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Exchange | NASDAQ |
CurrencyCode | USD |
ISIN | US0226711010 |
Sector | Financial Services |
Beta | 0.74 |
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Market Cap | 844M |
PE Ratio | 7.99 |
Target Price | 37 |
Dividend Yield | 2.0% |
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 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, time deposits, and certificates of deposit. It also provides residential real estate mortgage, commercial and industrial, commercial real estate, multifamily mortgage, consumer solar, and consumer and other loans. In addition, the company offers online banking, bill payment, online cash management, safe deposit box rentals, debit card, and ATM card services; and trust, custody, and investment management services, including asset safekeeping, corporate actions, income collections, proxy services, account transition, asset transfers, and conversion management; investment products, such as index and actively-managed funds, which include equity, fixed-income, real estate, and alternative investments; and investment, brokerage, asset management, and insurance products. Amalgamated Financial Corp. was founded in 1923 and is headquartered in New York, New York.
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