Amalgamated Financial

Q2 FY2026 EarningsQ2 FY2026 results significantly beat consensus expectations across the board, with revenue of $98.4M exceeding the $92.1M estimate and normalized EPS of $1.15 outperforming the $1.00 forecast. Net interest income was the primary driver, growing 18.1% YoY to $86.1M, supported by a 23 basis point expansion in Net Interest Margin (NIM) to 3.78%. Despite higher operating expenses due to performance accruals and modernization projects, the Company's operational leverage and a lower-than-expected 25.4% tax rate fueled the bottom-line beat.