Amalgamated Bank (AMAL) Tops Q2 EPS by 12c
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Amalgamated Financial Corp. Reports Record Second Quarter 2022 Financial Results
July 28, 2022 6:25 AM EDTNEW YORK, July 28, 2022 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (the Company or Amalgamated) (Nasdaq: AMAL), the holding company for Amalgamated Bank (the Bank), today announced record financial results for the second quarter ended June 30, 2022.
Second Quarter 2022 Highlights
Record earnings of $19.6 million, or $0.63 per diluted share, compared to $14.2 million, or $0.45 per diluted share, on a linked quarter basis.Excluding the tax credit or accelerated depreciation impact of our solar tax equity investments, core net income was $20.9 million, or $0.67 per diluted... More