Amalgamated Financial Q3 net income $22.3M, core EPS $0.76; deposits ex-brokered up $172.8M

Amalgamated Financial Corp.

2023-Q3 EPS reported $2.12

Net income $22.3M ($0.73 diluted EPS); core net income $23.3M ($0.76 diluted EPS).
Total deposits increased $96.2M to $7.0B; excluding brokered CDs, deposits up $172.8M to $6.6B.
Net interest margin stable at 3.29%; loans receivable up $113M to $4.4B.
Political deposits grew $115.4M (13.8%) to $951.2M.
Repurchased ~142K shares for $2.6M; $20.9M remaining under $40M buyback program.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Amalgamated Financial Corp. reported financial results for third quarter ended September 30, 2023.

Period: third quarter ended September 30, 2023
Result: reported results

Exact text from the filing

On October 26, 2023, Amalgamated Financial Corp. (the Company") issued a press release announcing financial results for the third quarter ended September 30, 2023.

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Amalgamated Financial Corp. filing history →

Source: SEC EDGAR

accession 0001823608-23-000120

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