---
schema_version: "secwatch.filing_event.v1"
accession: "0001823608-25-000106"
form_type: "8-K"
ticker: "AMAL"
cik: "0001823608"
company_name: "Amalgamated Financial Corp."
filed_at: "2025-10-23T23:59:59+00:00"
generated_at: "2026-05-17T02:33:21.992908+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Amalgamated Financial Q3 net income $26.8M ($0.88 EPS); NIM expands to 3.60%

## Summary
- Net income $26.8M ($0.88 diluted EPS); core net income $27.6M ($0.91 EPS).
- Net interest margin expanded 5 bps to 3.60%; net interest income up 4.9% to $76.4M.
- Political deposits rose 19% to $1.4B (on/off balance sheet); total deposits up $36.7M to $7.8B.
- Tangible book value per share up 4.0% to $25.31; nonperforming assets down 34.6% to $23.0M.
- Repurchased 347k shares for $10.4M in Q3; $19.9M remaining under buyback program.

## SEC filing metadata
- accession: 0001823608-25-000106
- form_type: 8-K
- ticker: AMAL
- cik: 0001823608
- company_name: Amalgamated Financial Corp.
- filed_at: 2025-10-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823608/000182360825000106/0001823608-25-000106-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823608/000182360825000106/amal-20251023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001823608-25-000106
- JSON: https://secwatch.observer/filing/0001823608-25-000106.json
- Plain text: https://secwatch.observer/filing/0001823608-25-000106.txt

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