The Technical Analyst
Amalgamated Bank [AMAL]
Exchange: NASDAQ Sector: Financial Services Industry: Banks—Regional
Amalgamated Bank Price, Forecast, Insider, Ratings, Fundamentals & Signals
Current Signal: SELL (auto-tracking)
2.47% $24.48
America/New_York / 26 apr 2024 @ 13:43
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 746.64 mill |
| EPS: | 2.86 |
| P/E: | 8.56 |
| Earnings Date: | Apr 25, 2024 |
| SharesOutstanding: | 30.50 mill |
| Avg Daily Volume: | 0.154 mill |
| RATING 2024-04-26 |
|---|
| A |
| Buy |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Buy | |
| Return On Equity: | Buy | |
| Return On Asset: | Buy | |
| DE: | Neutral | |
| P/E: | Neutral | |
| Price To Book: | Buy |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE 8.56 | sector: PE -18.15 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0.70x |
| Company: PE 8.56 | industry: PE 12.17 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 23.83 - 25.13 ( +/- 2.64%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-04-01 | Darby Jason | Buy | 5 393 | Common Stock |
| 2024-04-01 | Brown Priscilla | Buy | 32 355 | Common Stock |
| 2024-04-01 | Graham Tyrone | Buy | 3 236 | Common Stock |
| 2024-04-01 | Lanning Margaret Matilda | Buy | 3 236 | Common Stock |
| 2024-04-01 | Searby Sean | Buy | 3 236 | Common Stock |
| INSIDER POWER |
|---|
| -33.88 |
| Last 95 transactions |
| Buy: 190 225 | Sell: 490 409 |
Forecast:
15:22 - $24.50
Live Trading Signals (every 1 min)
Forecast
1: 13:52 - $24.50
Forecast 2: 14:42 - $24.41
Forecast 3: 15:22 - $24.50
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $24.48 (2.47% ) |
| Volume | 0.0809 mill |
| Avg. Vol. | 0.154 mill |
| % of Avg. Vol | 52.61 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For AMAL
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % | Feb 8 - 15:35 | sell | $24.02 | N/A | Active |
|---|
AMAL
Amalgamated Financial Corp. operates as the bank holding company for Amalgamated Bank that provides commercial and retail banking, investment management, and trust and custody services for commercial and retail customers in the United States. The company accepts various deposit products, including non-interest bearing accounts, interest-bearing demand products, savings accounts, money market accounts, NOW accounts, and certificates of deposit. It also provides various commercial loans comprising commercial and industrial, multifamily mortgage, and commercial real estate loans; and retail loans, such as residential real estate, and consumer and other loans. In addition, the company offers online banking, bill payment, online cash management, and safe deposit box rental services; debit and ATM cards; and trust, custody, and investment management services comprising asset safekeeping, corporate actions, income collections, proxy, account transition, asset transfers, and conversion management services. Further, it provides investment products, such as equity, fixed-income, real estate, and alternative investment products; and brokerage, asset management, and insurance products. The company operates through its three branch offices across New York City, one branch office in Washington, D.C., one branch office in San Francisco, one commercial office in Boston, and digital banking platform. Amalgamated Financial Corp. was founded in 1923 and is headquartered in New York, New York.
Latest Press Releases
2024-04-25 06:25:00 - Press Release
Amalgamated Financial Corp. Reports First Quarter 2024 Financial Results; stellar Deposit Growth; Net Interest Margin Rises To 3.49%
Common equity tier 1 capital ratio of 13.68% | return on average assets of 1.36% common equity tier 1 capital ratio of 13.68% | return on average assets of 1.36%
2024-04-23 17:28:00 - Press Release
Correction: Amalgamated Financial Corp. Announces A 20% Quarterly Dividend Increase
New york, april 23, 2024 (globe newswire) -- in a release issued today by amalgamated financial corp., (nasdaq: amal), please note that the percentage increase of the dividend has been updated to 20%, the dividend has changed to $0.12 per common share, and the record date and payable dates have been adjusted to may 8, 2024 and may 22, 2024, respectively. the corrected release follows:
2024-04-23 16:30:00 - Press Release
Amalgamated Financial Corp. Announces A 50% Quarterly Dividend Increase
New york, april 23, 2024 (globe newswire) -- amalgamated financial corp. (“amalgamated” or the “company”) (nasdaq: amal) today announced that its board of directors has authorized a 50% increase in the company's quarterly dividend to $0.15 per common share, payable by the company on may 8, 2024, to stockholders of record on may 22, 2024. the amount and timing of any future dividend payments to stockholders will be subject to the discretion of the board of directors.
2024-04-11 16:15:00 - Press Release
Amalgamated Financial Corp. Announces First Quarter 2024 Earnings Conference Call
New york, april 11, 2024 (globe newswire) -- amalgamated financial corp. (“amalgamated” or the “company”) (nasdaq: amal) today announced that its first quarter 2024 financial results will be released before market open on thursday, april 25, 2024. the company will host a conference call at 11:00 a.m. eastern time on the same day to discuss the financial results.
2024-01-25 06:25:00 - Press Release
Amalgamated Financial Corp. Reports Fourth Quarter 2023 Financial Results: $170.8 Million Deposit Growth Excluding Brokered Cds; Net Interest Margin Rises To 3.44%
Common equity tier 1 capital ratio of 12.98% | return on average assets of 1.13% common equity tier 1 capital ratio of 12.98% | return on average assets of 1.13%
Latest News
2024-04-25 10:36:47 - Zacks Investment Research
Compared to Estimates, Amalgamated Financial (AMAL) Q1 Earnings: A Look at Key Metrics
Although the revenue and EPS for Amalgamated Financial (AMAL) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
2024-04-25 08:35:25 - Zacks Investment Research
Amalgamated Financial (AMAL) Beats Q1 Earnings and Revenue Estimates
Amalgamated Financial (AMAL) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.74 per share a year ago.
2024-04-18 14:27:34 - CNBC Television
Banks are well-positioned in this environment, says Amalgamated Bank CEO
Priscilla Sims Brown, Amalgamated Bank CEO, joins ‘The Exchange' to discuss how banks are positioned in the current environment, how unique her banks' business model is, and more.
2024-04-18 14:02:04 - CNBC Television
Watch CNBC's full interview with Amalgamated Bank CEO Priscilla Sims Brown
Priscilla Sims Brown, Amalgamated Bank CEO, joins ‘The Exchange' to discuss how banks are positioned in the current environment, how unique her banks' business model is, and more.
2024-04-11 16:15:00 - GlobeNewsWire
Amalgamated Financial Corp. Announces First Quarter 2024 Earnings Conference Call
NEW YORK, April 11, 2024 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its first quarter 2024 financial results will be released before market open on Thursday, April 25, 2024. The Company will host a conference call at 11:00 a.m. Eastern Time on the same day to discuss the financial results.
2024-02-28 10:46:10 - Zacks Investment Research
Should Value Investors Buy Amalgamated Financial (AMAL) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
2024-02-21 03:59:14 - Seeking Alpha
Amalgamated Financial: Earnings Outlook Remains Positive Thanks To Loans And Margin
Planned changes in the balance sheet will likely boost Amalgamated Financial's net interest margin this year. Local job markets give hope that loan growth can remain at a decent level. The December 2024 target price suggests a moderate upside. Further, AMAL is offering a low dividend yield.
2024-02-09 10:46:14 - Zacks Investment Research
Are Investors Undervaluing Amalgamated Financial (AMAL) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
2024-01-25 10:36:30 - Zacks Investment Research
Amalgamated Financial (AMAL) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Amalgamated Financial (AMAL) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
2024-01-25 08:36:03 - Zacks Investment Research
Amalgamated Financial (AMAL) Q4 Earnings Lag Estimates
Amalgamated Financial (AMAL) came out with quarterly earnings of $0.72 per share, missing the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.83 per share a year ago.