Value20202021202220232024TTMSelling/general/admin expenses49.09 M46.26 M45.61 M45.17 M46.57 M51.34 MResearch & development——————Operating income124.93 M159.19 M208.92 M241.46 M279.11 M265.13 MNon-Operating Income, Total6.74 M3.76 M7.84 M10.34 M12.26 M7.15 MInterest expense, net of interest capitalized10.48 M6.22 M18.65 M96.77 M118.87 M123.93 MNon-Operating Income, excl. Interest Expenses-3.74 M-2.46 M-10.81 M-86.43 M-106.6 M-116.78 MUnusual income/expense——————Pretax income69.35 M70.88 M108.16 M129.66 M146.42 M142.33 MEquity in earnings7.41 M150 K2.77 M4.93 M831 K2.39 MTaxes15.76 M17.79 M26.69 M36.75 M39.16 M37.64 MNon-controlling/minority interest0—————After tax other income/expense——————Net income before discontinued operations46.19 M52.94 M81.48 M87.98 M106.43 M102.3 MDiscontinued operations——————Net income46.19 M52.94 M81.48 M87.98 M106.43 M102.3 MDilution adjustment00000—Preferred dividends22 K22 K22 K00—Diluted net income available to common stockholders46.17 M52.91 M81.45 M87.98 M106.43 M102.3 MBasic earnings per share (Basic EPS)1.481.72.642.883.483.36Diluted earnings per share (Diluted EPS)1.481.682.612.863.443.31Average basic shares outstanding31.13 M31.1 M30.82 M30.55 M30.59 M122 MDiluted shares outstanding31.23 M31.51 M31.19 M30.79 M30.94 M123.05 MEBITDA129.08 M161.81 M————EBIT122.89 M158.17 M————Cost of revenue24.79 M287 K————Other cost of goods sold——————Depreciation & amortization (cash flow)6.19 M3.64 M3.55 M3.53 M4.7 M1.19 M
Amalgamated Financial Corp
Amalgamated Bank is an American financial institution. It is the largest union-owned bank and one of the only unionized banks in the United States. Amalgamated Bank is currently majority-owned by Workers United, an SEIU Affiliate.
It was founded on April 14, 1923, by the Amalgamated Clothing Workers of America. As of July 30, 2023, Amalgamated Bank had $7.8 billion in assets. Through its Institutional Asset Management and Custody Division, Amalgamated Bank is one of the leading providers of investment and trust services to Taft–Hartley plans in the United States. The bank oversees over $45 billion in investment advisory and custodial services.
In August 2018, Amalgamated Bank filed an initial public offering and became publicly traded on the NASDAQ, under the ticker symbol "AMAL".
The bank offers personal banking, small business banking solutions, commercial banking, and institutional investing services across New York, California, Massachusetts, Washington, D.C., and Colorado.