---
title: "Amalgamated Financial Q3 profit beats expectations on higher interest income"
description: "Amalgamated Financial reported a Q3 net income of $26.8 million, surpassing expectations, driven by a $3.5 million increase in net interest income and significant deposit growth. The company repurchas"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/262406365.md"
published_at: "2025-10-23T10:40:35.000Z"
---

# Amalgamated Financial Q3 profit beats expectations on higher interest income

> Amalgamated Financial reported a Q3 net income of $26.8 million, surpassing expectations, driven by a $3.5 million increase in net interest income and significant deposit growth. The company repurchased 347,000 shares for $10.4 million. Analysts maintain a "hold" rating, with a median 12-month price target of $31.50, reflecting a potential 15.2% upside from its recent closing price of $26.70. The stock is currently trading at 7 times next year's earnings, down from a P/E of 8 three months ago.

### Related Stocks

- [AMAL.US - Amalgamated Financial](https://longbridge.com/en/quote/AMAL.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| AlphaQuest LLC Makes New Investment in Amalgamated Financial Corp. $AMAL | AlphaQuest LLC has acquired a new position in Amalgamated Financial Corp. (NASDAQ:AMAL), purchasing 30,038 shares valued | [Link](https://longbridge.com/en/news/274653654.md) |
| Amalgamated Financial Corp. Selects Embrace Home Loans to Provide Residential Mortgages | Amalgamated Financial Corp. has announced a partnership with Embrace Home Loans to provide residential mortgage financin | [Link](https://longbridge.com/en/news/274990999.md) |
| Amalgamated Financial (NASDAQ:AMAL) Posts Earnings Results, Beats Estimates By $0.08 EPS | Amalgamated Financial (NASDAQ:AMAL) reported quarterly earnings of $0.99 per share, exceeding estimates of $0.91 by $0.0 | [Link](https://longbridge.com/en/news/273382560.md) |
| Amalgamated Financial's Q4 net interest margin rises on lower deposit costs | Amalgamated Financial reported a Q4 net interest margin increase to 3.66%, driven by lower deposit costs and record depo | [Link](https://longbridge.com/en/news/273365554.md) |
| Amalgamated Financial Corp. Reports Fourth Quarter 2025 Financial Results: Record Quarterly Deposit Growth of Nearly $1 Billion \| AMAL Stock News | Amalgamated Financial Corp. reported its fourth quarter 2025 financial results, highlighting a net income of $26.6 milli | [Link](https://longbridge.com/en/news/273364739.md) |

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.