earnings
confidence high
sentiment neutral
materiality 0.60
Amalgamated Financial Q1 net income $25.0M, EPS $0.81; total deposits grow 6.2% to $7.6B
Amalgamated Financial Corp.
2025-Q1 EPS reported
$0.81
- Net income $25.0M ($0.81 diluted EPS) vs $24.5M ($0.79) prior quarter; core net income $27.1M ($0.88).
- Total deposits (on+off balance sheet) increased $445.9M (6.2%) to $7.6B; political deposits up 11% to $1.1B.
- Net interest margin 3.55%, down 4 bps; net interest income $70.6M, down $2.5M (3.4%).
- Tangible book value per share $23.51, up $0.91 (4.0%); Common Equity Tier 1 ratio 14.27%.
- Core return on average tangible common equity 15.54%; core return on average assets 1.33%.