Amalgamated Financial Corp.AMAL

Market cap
$948.28M
P/E ratio
Dec 31,
2020
Dec 31,
2021
Dec 31,
2022
Net income465381
Depreciation and amortization644
Amortization of intangible assets111
Deferred income tax expense (benefit)-0714
Provision for (recovery of) loan losses--15
Stock-based compensation expense223
Amortization of Debt Discount (Premium)331
Net amortization on securities-2-4-4
OTTI loss (gain) recognized in earnings--00
Net loss (income) from equity method investments70-3
Net loss (gain) on sale of securities available for sale21-4
Net loss (gain) on sale of loans32-1
Net loss on sale of other real estate owned-0-0-0
Net gain on owned property held for sale1--
Net gain on redemption of bank-owned life insurance202
Net gain on repurchase of subordinated debt--1
Proceeds from Sale of Loans Held-for-sale15912428
Originations of loans held for sale1661138
Increase in cash surrender value of bank-owned life insurance222
Increase in accrued interest and dividends receivable5513
Decrease (increase) in other assets-11-7-19
Decrease in other liabilities-4-11-6
Net cash provided by operating activities6671147
Net decrease (increase) in loans37-168826
Purchase of securities available for sale6841,221679
Purchase of securities held-to-maturity256473585
Proceeds from sales of securities available for sale95111250
Maturities, principal payments and redemptions of securities available for sale279508326
Maturities, principal payments and redemptions of securities held-to-maturity53120139
Decrease (increase) in resell agreements-155-74203
Increase in equity method investments3167
Purchase of bank-owned life insurance25--
Decrease (increase) of FHLBNY stock, net-3-026
Purchases of premises and equipment, net222
Proceeds from Life Insurance Policy314
Proceeds from sale of owned assets2--
Proceeds from Sale of Other Real Estate020
Net cash used in investing activities-755-865-1,202
Net increase in deposits6981,018239
Net increase (decrease) in FHLBNY advances-75-580
Net increase (decrease) in subordinated debt-84-6
Proceeds from Stock Plans--1
Redemption of AREMCO class B shares0--
Repurchase of shares7312
Dividends paid101011
Exercise of stock options, net of repurchases-0-2-1
Proceeds From Restricted Stock Unit Vesting, Net--0-1
Net cash provided by financing activities6061,087788
Increase (decrease) in cash, cash equivalents, and restricted cash-84292-267
Interest paid during the year11618
Income Taxes Paid, Net1067
Right-of-use assets obtained in exchange for lease liabilities1-2
Loans transferred to held-for-sale-125
Loans transferred to other real estate owned-3-
Purchase of securities available for sale, net not settled--14
Securities available for sale transferred to held-to-maturity--260