JP Morgan upgraded Amalgamated Bank from Neutral to Overweight and set a new price target of $29.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/21/2025 | $42.00 → $38.00 | Overweight → Neutral | Piper Sandler |
| 12/12/2023 | $29.00 | Neutral → Overweight | JP Morgan |
| 11/2/2021 | $18.00 → $20.00 | Outperform | Raymond James |
| 11/1/2021 | $19.00 → $21.00 | Overweight | Barclays |
| 9/23/2021 | $17.50 → $19.00 | Overweight | Piper Sandler |
4 - Amalgamated Financial Corp. (0001823608) (Reporting)
Two nationally recognized experts to join the bank, adding to its position as a leader in sustainability finance. Amalgamated Financial Corp. ("Amalgamated" or the "Company") (NASDAQ:AMAL) today announced the appointment of Nicole Steele as Director of Climate Partnership Banking and Emily Robichaux as Director of Climate Partnership Lending. This team of industry experts will lead the bank's efforts to execute on the potential of the $27B Greenhouse Gas Reduction Fund ("GGRF"). Ms. Steele is a nationally recognized leader and expert with over 20 years' experience in clean energy, focusing on equitable deployment and workforce development. She was instrumental in the development of the
NEW YORK, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. ("Amalgamated" or the "Company") (NASDAQ:AMAL) today announced it has appointed Julieta Ross and Scott Stoll as its newest members to the Company's Board of Directors, effective immediately. Dr. Ross has an extensive background in the broader financial services risk management landscape, with over 20 years of global banking technology leadership and experience. With a proven track record of building and scaling businesses while leveraging digital technologies, she offers a vast understanding on the integration of new technology perspectives in the process of building market-leading banking platforms and avant-garde di
NEW YORK, July 27, 2022 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. ("Amalgamated" or the "Company") (NASDAQ:AMAL) today announced the appointment of Meredith Miller as an independent director to the Company's Board of Directors, effective immediately. Ms. Miller is internationally recognized as a leader in corporate governance occupying various board and senior leadership roles with over 30 years of experience in the public and private sector. Of particular significance is Ms. Miller's experience and advocacy in the pursuit of advancing diversity in corporate boards as well as her extensive corporate governance experience spanning human capital management, ESG, and sustainable invest
8-K - Amalgamated Financial Corp. (0001823608) (Filer)
8-K - Amalgamated Financial Corp. (0001823608) (Filer)
144 - Amalgamated Financial Corp. (0001823608) (Subject)
SC 13G/A - Amalgamated Financial Corp. (0001823608) (Subject)
SC 13G/A - Amalgamated Financial Corp. (0001823608) (Subject)
SC 13G/A - Amalgamated Financial Corp. (0001823608) (Subject)
Piper Sandler downgraded Amalgamated Bank from Overweight to Neutral and set a new price target of $38.00 from $42.00 previously
JP Morgan upgraded Amalgamated Bank from Neutral to Overweight and set a new price target of $29.00
Raymond James reiterated coverage of Amalgamated Financial with a rating of Outperform and set a new price target of $20.00 from $18.00 previously
4 - Amalgamated Financial Corp. (0001823608) (Issuer)
4 - Amalgamated Financial Corp. (0001823608) (Issuer)
4 - Amalgamated Financial Corp. (0001823608) (Issuer)
Partnership with Amalgamated Bank and GS Power Partners funds five community solar projects in NY GS Power Partners (GSPP), a leading Independent Power Producer in the distributed generation (DG) solar sector, today announced it has secured a $22 million term financing commitment from Amalgamated Bank (NASDAQ:AMAL). The financing package encompasses five GSPP community solar projects in New York, totaling 25.5 megawatts (MWdc). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250311666654/en/GS Power Partners' Fox Road project in Marcy, New York. (Photo: Business Wire) "We are pleased to announce this financial close, alongside ou
NEW YORK, March 10, 2025 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. ("Amalgamated", the "Company", or the "Bank") (NASDAQ:AMAL) today announced that its Board of Directors has approved a new authorization for the repurchase of up to $40 million of the Company's Class A common stock. The new authorization replaces the previous share repurchase authorization, which had approximately $18.7 million remaining as of December 31, 2024. Priscilla Sims Brown, President and Chief Executive Officer, commented, "We have begun the year with momentum across the Bank as our political deposit balances begin to rebuild following the recent election cycle conclusion and our new business production pip
NEW YORK, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (the "Company" or "Amalgamated") (NASDAQ:AMAL), the holding company for Amalgamated Bank (the "Bank"), today announced financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Highlights (on a linked quarter basis) Net income of $24.5 million, or $0.79 per diluted share, compared to $27.9 million, or $0.90 per diluted share.Core net income1 of $28.0 million, or $0.90 per diluted share, compared to $28.0 million, or $0.91 per diluted share. Deposits and Liquidity (following the Election Cycle Conclusion) Total deposits decreased $414.0 million, or 5.5%, to $7.2 billion, in
Partnership with Amalgamated Bank and GS Power Partners funds five community solar projects in NY GS Power Partners (GSPP), a leading Independent Power Producer in the distributed generation (DG) solar sector, today announced it has secured a $22 million term financing commitment from Amalgamated Bank (NASDAQ:AMAL). The financing package encompasses five GSPP community solar projects in New York, totaling 25.5 megawatts (MWdc). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250311666654/en/GS Power Partners' Fox Road project in Marcy, New York. (Photo: Business Wire) "We are pleased to announce this financial close, alongside ou
NEW YORK, March 10, 2025 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. ("Amalgamated", the "Company", or the "Bank") (NASDAQ:AMAL) today announced that its Board of Directors has approved a new authorization for the repurchase of up to $40 million of the Company's Class A common stock. The new authorization replaces the previous share repurchase authorization, which had approximately $18.7 million remaining as of December 31, 2024. Priscilla Sims Brown, President and Chief Executive Officer, commented, "We have begun the year with momentum across the Bank as our political deposit balances begin to rebuild following the recent election cycle conclusion and our new business production pip
NEW YORK, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (the "Company" or "Amalgamated") (NASDAQ:AMAL), the holding company for Amalgamated Bank (the "Bank"), today announced financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Highlights (on a linked quarter basis) Net income of $24.5 million, or $0.79 per diluted share, compared to $27.9 million, or $0.90 per diluted share.Core net income1 of $28.0 million, or $0.90 per diluted share, compared to $28.0 million, or $0.91 per diluted share. Deposits and Liquidity (following the Election Cycle Conclusion) Total deposits decreased $414.0 million, or 5.5%, to $7.2 billion, in