Amalgamated Financial Q4 Core Earnings, Revenue Increase -- Shares Up Pre-Bell

MT Newswires Live
23 Jan

Amalgamated Financial (AMAL) reported Q4 core earnings Thursday of $0.90 per diluted share, up from $0.72 a year earlier.

Two analysts polled by FactSet expected $0.88.

Revenue for the quarter ended Dec. 31, expressed as the sum of net interest income and total noninterest income, was $77.9 million, up from $76.7 million a year earlier.

One analyst surveyed by FactSet expected $82.9 million.

Shares were up 3% in recent premarket activity.

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