Amalgamated Bank (AMAL) financial statements
Amalgamated Bank reported revenue of $329M in fiscal 2025, up 9.2% a year over 7 years.
Net income was $104M.
Free cash flow was $134M, and the company returned $17M in dividends and $32M in net buybacks.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Amalgamated Bank's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $178M | $196M | $221M | $203M | $264M | $291M | $316M | $329M |
| Interest expense | $14M | $19M | $10M | $6M | $19M | $97M | — | — |
| Pre-tax income | $50M | $64M | $62M | $71M | $108M | $125M | $146M | $140M |
| Income tax | $6M | $17M | $16M | $18M | $27M | $37M | $39M | $36M |
| Net income | $45M | $47M | $46M | $53M | $81M | $88M | $106M | $104M |
| EPS (diluted) | $1.46 | $1.47 | $1.48 | $1.68 | $2.61 | $2.86 | $3.44 | $3.41 |
| Diluted shares | 31M | 32M | 31M | 32M | 31M | 31M | 31M | 31M |
| Net margin | 25.1% | 24.1% | 20.9% | 26.1% | 30.9% | 30.3% | 33.7% | 31.8% |
Balance sheet
Fiscal years, from Amalgamated Bank's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $81M | $123M | $39M | $330M | $64M | $91M | $61M | $291M |
| Property, plant and equipment | — | $18M | $13M | $12M | $10M | $8M | $6M | $5M |
| Goodwill | — | $13M | $13M | $13M | $13M | $13M | $13M | $13M |
| Total assets | — | $5.3B | $6.0B | $7.1B | $7.8B | $8.0B | $8.3B | $8.9B |
| Total liabilities | — | $4.8B | $5.4B | $6.5B | $7.3B | $7.4B | $7.5B | $8.1B |
| Shareholders' equity | $439M | $490M | $536M | $564M | $509M | $585M | $708M | $794M |
| Net debt | -$81M | -$123M | -$39M | -$330M | -$64M | -$91M | -$61M | -$291M |
Cash flow
Fiscal years, from Amalgamated Bank's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $31M | $83M | $66M | $71M | $147M | $117M | $124M | $136M |
| Capital spending | $1M | $753,000 | $2M | $2M | $2M | $1M | $2M | $1M |
| Free cash flow | $30M | $83M | $64M | $68M | $146M | $116M | $122M | $134M |
| Stock-based compensation | $920,000 | $2M | $2M | $2M | $3M | $5M | $6M | $7M |
| Dividends paid | $2M | $8M | $10M | $10M | $11M | $12M | $14M | $17M |
| Share buybacks (net) | $0 | -$6M | -$7M | -$3M | -$12M | -$8M | -$1M | -$32M |
| Free cash flow margin | 16.6% | 42.2% | 29.1% | 33.6% | 55.2% | 39.8% | 38.7% | 40.9% |
| Dividends per share | $0.06 | $0.26 | $0.32 | $0.32 | $0.36 | $0.40 | $0.46 | $0.56 |
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Open AMAL in InvestinglyQuestions
What was Amalgamated Bank's revenue in 2025?
$329M in fiscal 2025, from its 10-K filing.
How much free cash flow does Amalgamated Bank generate?
$134M in fiscal 2025 (operating cash flow minus capital spending).
From Amalgamated Bank's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.