Amalgamated Q1 net income $25.2M ($0.84/shr); reserve build $9.2M on single multifamily loan, NIM 3.75%

Amalgamated Financial Corp.

2026-Q1 EPS reported $0.84

GAAP net income $25.2M (diluted EPS $0.84); core net income $24.1M (core diluted EPS $0.80).
Net revenue $93.4M; net interest margin 3.75% (+9 bps); net interest income $80.2M.
Deposits +$228.9M to $8.2B; net loans +$65.5M to $5.0B.
Provision $13.5M, incl. $9.2M incremental reserve build on single multifamily borrower moved to nonaccrual; management sees isolated event.
Tangible book value $26.59 (+$0.41); repurchased ~80k shares; $8.4M buyback remaining; $0.17 dividend paid.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Amalgamated Financial Corp. reported financial results for first quarter ended March 31, 2026.

Period: first quarter ended March 31, 2026
Result: reported results

Exact text from the filing

On April 23, 2026, Amalgamated Financial Corp. (the "Company") issued a press release announcing financial results for the first quarter ended March 31, 2026.

View on SEC.gov

1341 earnings releases filed in the last 30 days. Browse all earnings releases →

Amalgamated Financial Corp. filing history →

Source: SEC EDGAR

accession 0001823608-26-000109

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.