Amalgamated Bank Reports Second Quarter 2019 Financial Results
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Amalgamated Bank (AMAL) Reports Q2 EPS of $0.36
July 29, 2019 6:28 AM EDTAmalgamated Bank (NASDAQ: AMAL) reported Q2 EPS of $0.36, versus $0.40 reported last year.
Second Quarter 2019 Highlights
Net income for the quarter of $11.2 million, or $0.35 per diluted share, compared to $11.6 million, or $0.39 per diluted share, for the second quarter of 2018Core earnings (non-GAAP) for the quarter of $11.6 million, or $0.36 per diluted share, compared to $11.8 million, or $0.40 per diluted share, for the second quarter of 2018Deposit growth of $29.4 million, or 2.9% annualized, from $4.1 billion at March 31, 2019Average deposit growth of $190.4 million... More