(AMAL) Amalgamated Bank - Ratings and Ratios

Amalgamated Financial Corp. (NASDAQ:AMAL) is a bank holding company with a rich history dating back to 1923. Headquartered in New York, it operates through its subsidiary, Amalgamated Bank, offering a broad spectrum of financial services. The bank caters to both commercial and retail customers, providing deposit products such as non-interest-bearing accounts, interest-bearing demand accounts, savings accounts, money market accounts, NOW accounts, and certificates of deposit. This diverse deposit base provides the bank with a stable source of funding for its lending activities.

On the lending side, Amalgamated Bank has a well-diversified portfolio. Commercial loans include categories like commercial and industrial (C&I) loans, multifamily mortgage loans, and commercial real estate loans. Residential mortgage loans are also a significant part of the banks offerings. Additionally, the bank provides retail loans such as residential real estate loans, consumer solar loans, and other consumer loans. This diversification reduces concentration risk and makes the bank less vulnerable to sector-specific downturns.

Beyond traditional banking, Amalgamated Bank offers a range of additional services. These include online banking, bill payment, online cash management, and safe deposit box rentals. Debit and ATM cards are also part of the banks retail offerings. For institutional clients, the bank provides trust, custody, and investment management services, including asset safekeeping, corporate actions, income collections, proxy services, account transition, asset transfers, and conversion management. These services highlight the banks ability to meet the needs of both individual and institutional customers.

The bank also offers a variety of investment products, including funds across equity, fixed-income, real estate, and alternative investments. Brokerage, asset management, and insurance products further complement its financial services suite. This comprehensive approach positions Amalgamated Bank as a one-stop financial services provider, capable of serving the complex needs of its clients.

From an investors perspective, Amalgamated Financial Corp. (AMAL) has a market capitalization of approximately $1.082 billion, making it a mid-sized bank. The stock trades at a price-to-earnings (P/E) ratio of 10.35, which is reasonable compared to industry peers. The price-to-book (P/B) ratio of 1.54 indicates that the stock is trading at a modest premium to its book value. The price-to-sales (P/S) ratio of 3.57 reflects the banks revenue generation capabilities. These valuation metrics provide a framework for investors to assess the stocks attractiveness relative to its financial performance and industry benchmarks.