10-Q quarterly report · filed Aug 4, 2026

Amalgamated Financial Corp. (AMAL) Q2 2026 10-Q Quarterly Report

Short answer

Amalgamated Financial Corp. (AMAL) filed its Q2 2026 10-Q quarterly report on Aug 4, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $117M (up 12.6% year over year) with net income of $35M.

Q2 2026 key financials · XBRL

Revenue
$117M
+12.6% YoY · +7.2% QoQ
Net income
$35M
+33.8% YoY · +37.8% QoQ
EPS (diluted)
$1.15
+36.9% YoY · +36.9% QoQ

Source: XBRL data from the Amalgamated Financial Corp. (AMAL) Q2 2026 10-Q on SEC EDGAR. USD.

Amalgamated Financial Corp. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Net income $34.8M, up $8.8M from $26.0M YoY
  • Net interest margin 3.78% vs 3.55%; net interest income $86.1M vs $72.9M
  • Best-performing line: service charges $6.9M vs $3.9M; trust fees $4.2M vs $3.9M
  • Provision for credit losses $4.4M vs $4.9M, driven by consumer solar and C&I charge-offs
  • Six-month headwind: $10.3M specific reserves on $78.0M multifamily loans after expected default

Risk Factors

  • No material changes to risk factors disclosed in the December 31, 2025 Form 10-K
  • Carried-forward regulatory and compliance risks remain unchanged from the 10-K
  • Carried-forward operational and competitive risks remain unchanged from the 10-K
  • Carried-forward financial risks, including liquidity and debt exposure, remain unchanged from the 10-K

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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