Amalgamated Financial Q2 net income rises 33.85% to $34.8 million; net interest income climbs 18.1% to $86.1 million

Reuters2026/08/04 12:19

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Amalgamated Financial reported Q2 net income of $34.8 million, up 33.85% year over year; diluted EPS rose to $1.15.
Net interest income climbed 18.1% to $86.1 million; net interest margin widened 23 basis points to 3.78%.
Provision for credit losses eased to $4.4 million from $4.9 million a year earlier, on charge-offs in consumer solar and C&I.
Non-interest income increased to $12.3 million from $8 million, driven by service charges on deposit accounts rising to $6.86 million from $3.87 million.
Total assets were $9.41 billion at June 30, 2026; deposits grew by $509.2 million versus Dec. 31, 2025 to $8.46 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Amalgamated Financial Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001823608-26-000182), on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Amalgamated Financial Q2 net income rises 33.85% to $34.8 million; net interest income climbs 18.1% to $86.1 million

You may also like

Crypto prices