secwatch.observer — SEC 8-K summary
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Issuer:     Amalgamated Financial Corp. (AMAL)
CIK:        0001823608
Form:       8-K
Filed at:   2025-10-23T23:59:59+00:00
Accession:  0001823608-25-000106
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823608/000182360825000106/0001823608-25-000106-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823608/000182360825000106/amal-20251023.htm
  HTML page:      https://secwatch.observer/filing/0001823608-25-000106

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer