---
schema_version: "secwatch.filing_event.v1"
accession: "0001823608-24-000158"
form_type: "8-K"
ticker: "AMAL"
cik: "0001823608"
company_name: "Amalgamated Financial Corp."
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:21:49.660724+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Amalgamated Financial Q2 net income $26.8M, deposits up 2% to $7.4B

## Summary
- Diluted EPS $0.87 (core $0.85); net interest income $69.2M, NIM 3.46%.
- Total deposits grew $143.2M (2%) to $7.4B; political deposits up 20% to $1.7B.
- Tangible book value per share $20.61, up 22.8% YoY; core ROATCE 17.34%.
- Loans increased 1.1% to $4.4B; PACE assessments $1.2B.
- Tier 1 leverage ratio 8.42%, CET1 13.48%, tangible common equity ratio 7.66%.

## SEC filing metadata
- accession: 0001823608-24-000158
- form_type: 8-K
- ticker: AMAL
- cik: 0001823608
- company_name: Amalgamated Financial Corp.
- filed_at: 2024-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823608/000182360824000158/0001823608-24-000158-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823608/000182360824000158/amal-20240725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001823608-24-000158
- JSON: https://secwatch.observer/filing/0001823608-24-000158.json
- Plain text: https://secwatch.observer/filing/0001823608-24-000158.txt

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