Amalgamated Financial Corp. reported FY 2025 net income of USD 104.4 million, or USD 3.41 per average diluted share, compared with USD 106.4 million, or USD 3.44 per share, in FY 2024. Net interest income rose 5.4% to USD 297.8 million in FY 2025, with net interest margin at 3.59% and net interest spread at 2.48%. Non-interest income was USD 30.9 million in FY 2025, while non-interest expense totaled USD 172.2 million. Provision for credit losses was an expense of USD 16.3 million in FY 2025, and income tax expense was USD 35.7 million (effective tax rate: 25.5%). At Dec. 31, 2025, Amalgamated Financial had total assets of USD 8.87 billion, total loans (net) of USD 4.90 billion, total deposits of USD 7.95 billion, and stockholders’ equity of USD 794.5 million. The bank reported trust assets under custody of USD 38.63 billion and assets under management of USD 16.63 billion. Management highlighted deposit growth and an off-balance-sheet deposit strategy via the IntraFi Insured Cash Sweep network, with off-balance-sheet deposits of USD 1.05 billion at year-end; related servicing charge income was USD 2.4 million in FY 2025. The company also noted a 2025 enhancement to its allowance for credit losses process, including a change in ACL software vendor, which it said did not have a material impact on the financial statements.

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: 0001823608-26-000048), on March 05, 2026, and is solely responsible for the information contained therein.