Amalgamated Bank (AMAL) Tops Q4 EPS by 1c
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Amalgamated Bank Reports Fourth Quarter and Full Year 2019 Financial Results
January 31, 2020 6:25 AM ESTNEW YORK, Jan. 31, 2020 (GLOBE NEWSWIRE) -- Amalgamated Bank (Nasdaq: AMAL) (Amalgamated) today announced financial results for the fourth quarter and full year ended December 31, 2019.Â
Fourth Quarter 2019 Highlights
Net income of $12.0 million, or $0.37 per diluted share, as compared to $16.0 million, or $0.49 per diluted share, for the fourth quarter of 2018Core net income (non-GAAP) of $12.6 million, or $0.39 per diluted share, as compared to $9.7 million, or $0.30 per diluted share, for the fourth quarter of 2018Deposit growth of $318.6 million, or 29.5%... More