{"schema_version":"secwatch.filing_event.v1","accession":"0001823608-24-000005","form_type":"8-K","ticker":"AMAL","cik":"0001823608","company_name":"Amalgamated Financial Corp.","filed_at":"2024-01-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.754686+00:00","generated_at":"2026-06-06T18:28:19.049392+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Amalgamated Q4 net income $22.7M ($0.74 EPS); deposits ex-brokered CDs up $170.8M","bullets":["Net income $22.7M, $0.74 diluted EPS; core net income $22.1M ($0.72).","Total deposits $7.0B, up $21.1M; excluding brokered CDs, deposits grew $170.8M (2.6%).","Political deposits surged $236.1M (24.8%) to $1.2B.","Net interest margin expanded 15 bps to 3.44%; net interest income up 5.63% to $67.3M.","CET1 ratio 12.98%; tangible common equity ratio 7.16%, fifth consecutive quarterly improvement."],"urls":{"canonical":"https://secwatch.observer/filing/0001823608-24-000005","json":"https://secwatch.observer/filing/0001823608-24-000005.json","markdown":"https://secwatch.observer/filing/0001823608-24-000005.md","text":"https://secwatch.observer/filing/0001823608-24-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1823608/000182360824000005/0001823608-24-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1823608/000182360824000005/amal-20240125.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T18:28:19.049392+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c99a0f289b62859160228bc5f0031e6d4174745b","claim":"Amalgamated Financial Corp. reported the fourth quarter and year ended December 31, 2023 results: net income Net income of $22.7 million, EPS $0.74 per diluted share.","evidence_excerpt":"Amalgamated Financial Corp. Reports Fourth Quarter 2023 Financial Results: $170.8 Million Deposit Growth Excluding Brokered CDs; Net Interest Margin Rises to 3.44% Common Equity Tier 1 Capital Ratio of 12.98% | Return on Average Assets of 1.13% NEW YORK, January 25, 2024 – (Globe Newswire) – Amalgamated Financial Corp. (the “Company” or “Amalgamated”) (Nasdaq: AMAL), the holding company for Amalgamated Bank (the “Bank”), today announced financial results for the fourth quarter ended December 31, 2023. Fourth Quarter 2023 Highlights (on a linked quarter basis) • Net income of $22.7 million, or $0.74 per diluted share, compared to $22.3 million, or $0.73 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1823608/000182360824000005/0001823608-24-000005-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and year ended December 31, 2023"},{"label":"Net income","value":"Net income of $22.7 million"},{"label":"EPS","value":"$0.74 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}