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Stock impact report

AMAL Q1 Deep Dive: Deposit Growth, Credit Event Overshadow Profit Miss [Yahoo! Finance]

Amalgamated Financial Corp. (AMAL) 
Last amalgamated financial corp. earnings: 4/30 06:25 am Check Earnings Report
Company Research Source: Yahoo! Finance
Its non-GAAP profit of $0.80 per share was 15.8% below analysts' consensus estimates. Is now the time to buy AMAL? Find out in our full research report (it's free). Amalgamated Financial (AMAL) Q1 CY2026 Highlights: Revenue: $93.44 million vs analyst estimates of $89.38 million (17.3% year-on-year growth, 4.5% beat) Adjusted EPS: $0.80 vs analyst expectations of $0.95 (15.8% miss) Market Capitalization: $1.21 billion StockStory's Take Amalgamated Financial's first quarter was defined by robust deposit growth and a notable expansion in net interest margin, yet a significant credit event weighed on overall profitability. Management highlighted that broad-based strength across core deposit segments, including political, labor, and non-profit, helped drive revenue gains. However, CFO Jason Darby noted that an incremental reserve tied to a single multifamily borrower moved to nonaccrual status, which he described as an “isolated event” impacting earnings per share by $0.23. C Show less Read more
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