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Jun 30, 2024
Amalgamated Financial Q2 2024 Earnings Report
Amalgamated Financial Corp. reported financial results for the second quarter of 2024.
Key Takeaways
Amalgamated Financial Corp. reported a net income of $26.8 million, or $0.87 per diluted share, for the second quarter ended June 30, 2024. Total deposits increased to $7.4 billion, and net interest income grew to $69.2 million.
Net income was $26.8 million, or $0.87 per diluted share.
Total deposits increased to $7.4 billion.
Net interest income grew to $69.2 million.
Political deposits increased by $292.3 million to $1.7 billion.
Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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