Amalgamated Financial Q2 2026: record net income $34.8M, EPS $1.15, margin 3.78%, guidance raised

Amalgamated Financial Corp.

Record net income of $34.8M ($1.15 diluted EPS); core net income $33.1M ($1.10 diluted EPS).
Net interest margin rose 3 bps to 3.78%; net interest income up 7.4% to $86.1M.
Deposits increased $280.3M to $8.5B; political deposits up 11.4% to $2.1B.
Loans grew $114.9M to $5.1B; commercial loans up $155.1M to $3.6B.
New $40M share repurchase program approved; tangible book value per share up $0.88 to $27.47.

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