
• Reported GAAP EPS of $0.85 up 3.66% YoY • Reported revenue of $93.44M up 21.38% YoY
Bullish
Amalgamated Financial Corp. achieved robust net revenue growth and net interest margin expansion, alongside strong deposit and loan growth with decreasing costs, maintaining solid capital and liquidity.
Bearish
Amalgamated Financial Corp. experienced a significant increase in credit loss provisions and nonperforming assets, leading to a decline in net income and a slight decrease in tangible common equity.