---
schema_version: "secwatch.filing_event.v1"
accession: "0001823608-26-000109"
form_type: "8-K"
ticker: "AMAL"
cik: "0001823608"
company_name: "Amalgamated Financial Corp."
filed_at: "2026-04-23T23:59:59+00:00"
generated_at: "2026-05-15T04:36:37.157813+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001823608-26-000109
- form_type: 8-K
- ticker: AMAL
- cik: 0001823608
- company_name: Amalgamated Financial Corp.
- filed_at: 2026-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823608/000182360826000109/0001823608-26-000109-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823608/000182360826000109/amal-20260423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001823608-26-000109
- JSON: https://secwatch.observer/filing/0001823608-26-000109.json
- Plain text: https://secwatch.observer/filing/0001823608-26-000109.txt

## Key facts
- Earnings Releases
  Amalgamated Financial Corp. reported financial results for first quarter ended March 31, 2026.
  - Period: first quarter ended March 31, 2026
  - Result: reported results
  source text: On April 23, 2026, Amalgamated Financial Corp. (the "Company") issued a press release announcing financial results for the first quarter ended March 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823608/000182360826000109/0001823608-26-000109-index.htm

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