AMAL
Amalgamated Bank
Amalgamated Bank (NASDAQ: AMAL) is an American financial institution. It is the largest union-owned bank and one of the only unionized banks in the United States. Amalgamated Bank is currently majority-owned by Workers United, an SEIU Affiliate.Founded on April 14, 1923, by the Amalgamated Clothing Workers of America, As of June 30, 2015, Amalgamated Bank has nearly $4 billion in assets. Through its Institutional Asset Management and Custody Division, Amalgamated Bank is one of the leading providers of investment and trust services to Taft-Hartley plans in the United States. The bank oversees over $45 billion in investment advisory and custodial services.
In August 2018, Amalgamated Bank filed an Initial public offering and became publicly traded on the NASDAQ under the Ticker symbol “AMAL”.
Amalgamated Bank provides affordable and accessible banking to its customers, advocates for workers’ rights, and promotes high standards of environmental, social and corporate governance practices. Amalgamated Bank clients include progressive individuals and organizations like presidential campaigns, labor unions and nonprofits.
The bank offers personal banking, small business, commercial banking, and intuitional investing services across New York City, California, Washington, D.C., and Colorado.
Index: NASDAQ; Sector: Financial; Industry: Regional Banks;
Marketcap: 326.64M; Volume: 45.90K; AvgVol 3m: 50.26K; Beta: –;
Cost estimate:
P/E: 8.72; EPS: 1.42; EPS growth quarter/prev quarter: -11.60%;
EPS growth this year: 0.50%; EPS growth past 5 years: 42.90%;
EPS ttm: 1.42;
P/S: 1.95; P/B: 0.82; P/Cashflow: 1.40; P/FCF: 4.95;
Sales: 113.54M; Sales growth quarter/prev quarter: 6.10%; Sales growth past 5 years: 9.40%;
Profitability:
Gross Margin: ; Profit Margin: 24.90%; Operating Margin: 86.00%;
ROA – return on assets: 0.90%; ROE – return on equity: 9.80%; LT Debt/Equity: 0.00; Total Debt/Equity: 0.00;
Dividend: 0.32; Dividend Yield (%): 2.59%;
Insider Ownership: 0.20%; Insider Transactions:0.00%;
Institutional Ownership: 41.40%; Institutional Transactions: 2.43%;
Data update: 07.10.2020.