---
schema_version: "secwatch.filing_event.v1"
accession: "0001823608-23-000120"
form_type: "8-K"
ticker: "AMAL"
cik: "0001823608"
company_name: "Amalgamated Financial Corp."
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T08:46:21.455859+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001823608-23-000120
- form_type: 8-K
- ticker: AMAL
- cik: 0001823608
- company_name: Amalgamated Financial Corp.
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823608/000182360823000120/0001823608-23-000120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823608/000182360823000120/amal-20231026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001823608-23-000120
- JSON: https://secwatch.observer/filing/0001823608-23-000120.json
- Plain text: https://secwatch.observer/filing/0001823608-23-000120.txt

## Key facts
- Earnings Releases
  Amalgamated Financial Corp. reported financial results for third quarter ended September 30, 2023.
  - Period: third quarter ended September 30, 2023
  - Result: reported results
  source text: On October 26, 2023, Amalgamated Financial Corp. (the Company") issued a press release announcing financial results for the third quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823608/000182360823000120/0001823608-23-000120-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.