Brokerages predict that Amalgamated Bank (NASDAQ:AMAL) will report earnings of $0.34 per share for the current quarter, Zacks reports. Three analysts have made estimates for Amalgamated Bank’s earnings. The lowest EPS estimate is $0.33 and the highest is $0.35. The company is expected to issue its next earnings report on Monday, December 24th.
On average, analysts expect that Amalgamated Bank will report full-year earnings of $1.36 per share for the current financial year, with EPS estimates ranging from $1.35 to $1.37. For the next fiscal year, analysts forecast that the firm will report earnings of $1.41 per share, with EPS estimates ranging from $1.35 to $1.48. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that that provide coverage for Amalgamated Bank.
Amalgamated Bank (NASDAQ:AMAL) last posted its quarterly earnings results on Monday, September 24th. The company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.38 by $0.02. The company had revenue of $42.90 million for the quarter, compared to analyst estimates of $42.23 million.
Shares of AMAL stock traded up $0.06 during trading on Friday, hitting $18.92. 11,266 shares of the company were exchanged, compared to its average volume of 249,136. Amalgamated Bank has a twelve month low of $13.25 and a twelve month high of $19.62.
Amalgamated Bank Company Profile
Amalgamated Bank provides personal and commercial banking products and services to working families, unions, commercial real estate industries, healthcare markets, institutional investors, law firms, non-profits, and political organizations in the United States. The company offers checking, savings, certificates of deposit, money market, and individual retirement accounts; home equity lines of credit options, mortgages, and personal loans and lines of credit options; and commercial loans (lines of credit, letters of credit, and term loans).
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