|Bid||0.00 x 800|
|Ask||12.33 x 1100|
|Day's Range||12.24 - 12.41|
|52 Week Range||7.90 - 20.00|
|Beta (5Y Monthly)||0.89|
|PE Ratio (TTM)||8.61|
|Earnings Date||Oct 26, 2020 - Oct 30, 2020|
|Forward Dividend & Yield||0.32 (2.55%)|
|Ex-Dividend Date||Aug 18, 2020|
|1y Target Est||14.20|
It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...
NEW YORK, Aug. 05, 2020 (GLOBE NEWSWIRE) -- Amalgamated Bank (Nasdaq: AMAL) (the “Company”) today announced that its Board of Directors has declared a regular dividend to common shareholders of $0.08 per share, payable on September 3, 2020, to shareholders of record on August 19, 2020. The amount and timing of any future dividend payments to shareholders will be subject to the discretion of the Company’s Board of Directors. About Amalgamated Bank Amalgamated Bank is a New York-based full-service commercial bank and a chartered trust company with a combined network of 11 branches in New York City, Washington D.C., and San Francisco. Amalgamated was formed in 1923 as Amalgamated Bank of New York by the Amalgamated Clothing Workers of America, one of the country's oldest labor unions. Amalgamated provides commercial banking and trust services nationally and offers a full range of products and services to both commercial and retail customers. Amalgamated is a proud member of the Global Alliance for Banking on Values and is a certified B Corporation®. As of June 30, 2020, total assets were $6.5 billion, total net loans were $3.6 billion, and total deposits were $5.9 billion. Additionally, as of June 30, 2020, the trust business held $32.0 billion in assets under custody and $13.3 billion in assets under management.Media Contact: Kylie McKenna The Levinson Group email@example.com 202-244-1785Investor Contact: Jamie Lillis Solebury Trout firstname.lastname@example.org 800-895-4172
Shares of Amalgamated Bank (NASDAQ:AMAL) rose 5%after the company reported Q2 results.Quarterly Results Earnings per share were down 5.56% over the past year to $0.34, which beat the estimate of $0.26.Revenue of $53,110,000 rose by 10.18% year over year, which beat the estimate of $50,380,000.Guidance Amalgamated Bank hasn't issued any earnings guidance for the time being.Amalgamated Bank hasn't issued any revenue guidance for the time being.Conference Call Details Date: Jul 28, 2020View more earnings on AMALTime: 10:00 AMET Webcast URL: http://public.viavid.com/player/index.php?id=140447Technicals 52-week high: $20.0052-week low: $7.90Price action over last quarter: Up 4.24%Company Description Amalgamated Bank provides banking products and services. The company's corporate divisions include Consumer Banking, Business Development, Investment Management, and Commercial Lending. Its products include deposits, loans, investments, cash management, residential and commercial mortgages.See more from Benzinga * Earnings Scheduled For July 28, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.