---
schema_version: "secwatch.filing_event.v1"
accession: "0001823608-25-000044"
form_type: "8-K"
ticker: "AMAL"
cik: "0001823608"
company_name: "Amalgamated Financial Corp."
filed_at: "2025-04-24T23:59:59+00:00"
generated_at: "2026-05-23T07:15:59.602035+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Amalgamated Financial Q1 net income $25.0M, EPS $0.81; total deposits grow 6.2% to $7.6B

## Summary
- 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%.

## SEC filing metadata
- accession: 0001823608-25-000044
- form_type: 8-K
- ticker: AMAL
- cik: 0001823608
- company_name: Amalgamated Financial Corp.
- filed_at: 2025-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823608/000182360825000044/0001823608-25-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823608/000182360825000044/amal-20250424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001823608-25-000044
- JSON: https://secwatch.observer/filing/0001823608-25-000044.json
- Plain text: https://secwatch.observer/filing/0001823608-25-000044.txt

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