Amalgamated Financial Q2 FY26 net income rises 37.93% to $34.8 million; net interest margin widens 3 basis points to 3.78%
Amalgamated Financial Corp
Amalgamated Financial Corp AMAL | 0.00 |
- Amalgamated Financial posted Q2 net income of $34.8 million, up $9.6 million from Q1, with diluted EPS of $1.15.
- Net interest margin widened 3 basis points to 3.78%, while net interest income rose 7.4% to $86.1 million.
- On-balance sheet deposits climbed 3.4% to $8.5 billion, with political deposits up 11.4% to $2.1 billion.
- Net loans receivable increased 2.3% to $5.1 billion, as net commercial loans grew 4.5% to $3.6 billion.
- CEO Priscilla Sims Brown cited the “strongest balance sheet” in the bank’s history and said the company raised guidance.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Amalgamated Financial Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260722336518) on July 23, 2026, and is solely responsible for the information contained therein.
