← Amalgamated Financial Corp.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total interest and dividend income | $164.0m |
$186.0m
+13.41%
|
$190.5m
+2.44%
|
$180.5m
-5.23%
|
$258.5m
+43.19%
|
$358.1m
+38.53%
|
$401.3m
+12.07%
|
$422.2m
+5.22%
|
— | |
| Total non-interest income | $28.3m | $29.2m | $40.6m | $28.4m | $23.9m | $29.3m | $33.2m | $30.9m | — | |
| NET INTEREST INCOME | $149.7m |
$166.6m
+11.28%
|
$180.0m
+8.03%
|
$174.3m
-3.17%
|
$239.8m
+37.60%
|
$261.3m
+8.95%
|
$282.4m
+8.08%
|
$297.8m
+5.44%
|
$320.5m
+7.63%
|
|
| Amortization of intangible assets | $969k | $1.4m | $1.4m | $1.2m | $1.0m | $888k | $730k | $574k | — | |
| Total non-interest expense | $128.0m | $127.8m | $133.9m | $132.3m | $140.6m | $151.2m | $159.8m | $172.2m | — | |
| Total interest expense | $14.2m | $19.3m | $10.5m | $6.2m | $18.6m | $96.8m | $118.9m | $124.4m | — | |
| Net interest income after provision for credit losses | $150.0m |
$162.8m
+8.53%
|
$155.2m
-4.65%
|
$174.6m
+12.48%
|
$224.8m
+28.78%
|
$246.6m
+9.70%
|
$272.1m
+10.34%
|
$281.5m
+3.42%
|
$320.5m
+13.87%
|
|
| Gain (loss) on sale of loans and changes in fair value on loans held-for-sale, net | ($451k) | $13k | $2.5m | $1.9m | ($610k) | $32k | ($8.2m) | ($2.7m) | — | |
| Equity method investments income (loss) | $0 | $0 | $7.4m | $150k | ($2.8m) | $4.9m | ($831k) | ($1.7m) | — | |
| Other income | $872k | $878k | $2.0m | $1.0m | $1.8m | $2.7m | $2.1m | $2.0m | — | |
| Other expense | $10.8m | $9.2m | $10.7m | $11.9m | $13.0m | $12.6m | $12.5m | $13.1m | — | |
| Income before income taxes | $50.3m | $64.2m | $61.9m | $70.7m | $108.2m | $124.7m | $145.6m | $140.2m | $150.6m | |
| Income tax expense | $5.7m | $17.0m | $15.8m | $17.8m | $26.7m | $36.8m | $39.2m | $35.7m | $37.2m | |
| Net income | $44.7m |
$47.2m
+5.71%
|
$46.2m
-2.15%
|
$52.9m
+14.61%
|
$81.5m
+53.91%
|
$88.0m
+7.98%
|
$106.4m
+20.98%
|
$104.4m
-1.87%
|
$113.4m
+8.59%
|
|
| Earnings per common share - basic (in dollars per share) | $1.47 | $1.49 | $1.48 | $1.70 | $2.64 | $2.88 | $3.48 | $3.44 | — | |
| Earnings per common share - diluted (in dollars per share) | $1.46 | $1.47 | $1.48 | $1.68 | $2.61 | $2.86 | $3.44 | $3.41 | — | |
| Loans | $129.9m | $140.0m | $142.0m | $123.3m | $145.6m | $191.3m | $215.4m | $240.6m | — | |
| Securities | $31.6m | $44.2m | $47.6m | $56.4m | $110.7m | $161.0m | $177.2m | $176.3m | — | |
| Interest-bearing deposits in banks | $1.4m | $949k | $697k | $651k | $2.2m | $5.8m | $8.7m | $5.3m | — | |
| Deposits | $9.6m | $14.5m | $10.5m | $5.8m | $11.1m | $81.1m | $113.5m | $121.6m | — | |
| Borrowed funds | $4.6m | $4.9m | $27k | $399k | $7.6m | $15.6m | $5.4m | $2.9m | — | |
| Provision for credit losses | — | $166.6m | $180.0m | ($287k) | $15.0m | $14.7m | $10.3m | $16.3m | — | |
| Trust Department fees | $18.8m | $18.6m | $15.2m | $13.4m | $14.4m | $15.2m | $15.2m | $16.2m | — | |
| Service charges on deposit accounts | $8.2m | $8.5m | $9.2m | $9.4m | $11.0m | $11.0m | $32.2m | $17.5m | — | |
| Bank-owned life insurance income | $1.7m | $1.6m | $3.1m | $2.4m | $3.9m | $2.9m | $2.5m | $3.1m | — | |
| Losses on sale of securities and other assets, net | ($249k) | $83k | $1.6m | $649k | ($3.6m) | ($7.4m) | ($9.7m) | ($3.4m) | — | |
| Compensation and employee benefits | $67.4m | $70.3m | $69.4m | $69.8m | $74.7m | $85.8m | $93.8m | $98.6m | — | |
| Occupancy and depreciation | $16.5m | $17.7m | $23.0m | $14.0m | $13.7m | $13.6m | $13.1m | $13.4m | — | |
| Professional fees | $13.7m | $11.9m | $11.2m | $13.0m | $10.4m | $9.6m | $10.0m | $14.3m | — | |
| Technology | $11.6m | $10.9m | $11.3m | $16.0m | $17.7m | $17.7m | $19.8m | $24.1m | — | |
| Office maintenance and depreciation | $3.6m | $3.5m | $3.3m | $3.1m | $3.0m | $2.8m | $2.5m | $2.1m | — | |
| Advertising and promotion | $3.4m | $2.9m | $3.5m | $3.2m | $3.7m | $4.2m | $3.7m | $2.4m | — | |
| Federal deposit insurance premiums | — | $1 | $3.1m | $2.5m | $3.2m | $4.0m | $3.7m | $3.8m | — |