Amalgamated Financial Corp. Income Statement

Income Statement Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions -0.26M3.84M24.79M-0.29M15.00M13.46M10.35M
Revenue 178.06M195.84M220.62M202.69M263.74M290.65M315.64M
Interest income
Interest income - Loans 129.90M140.00M141.98M123.32M145.65M191.29M215.38M
Interest income - Investments 1.04M0.81M0.20M0.20M0.50M0.80M0.40M
Interest Income - Debt Securities 31.58M44.20M47.81M56.56M110.65M161.00M177.25M
Interest Income - Deposits 1.44M0.95M0.70M0.65M2.19M5.78M8.67M
Interest Income - Fed Funds 0.80M1.90M4.20M0.70M5.90M
Interest Income - Total 163.96M185.95M190.50M180.53M258.49M358.08M401.30M
Interest expenses
Interest Expense - Deposits 9.57M14.46M10.45M5.82M11.06M81.12M113.46M
Interest Expense - Debt 4.65M4.86M0.03M0.40M7.59M15.64M5.41M
Interest Expense - Fed Funds 0.02M
Interest Expenses 14.22M19.32M10.48M6.22M18.65M96.77M118.87M
Interest Income - Net 149.75M166.64M180.02M174.30M239.84M261.31M282.43M
Non-interest income
Interest Income - Total 150.00M162.80M155.22M174.59M224.84M246.64M272.15M
Financial Services Fees 18.79M18.60M15.22M13.35M14.45M15.18M15.19M
Service Charges 8.18M8.54M9.20M9.36M11.00M11.00M32.18M
Investment Gain (Loss) -0.25M0.08M1.60M0.65M-3.64M-7.39M-9.70M
Investment Banking Income -0.45M0.01M2.52M1.89M-0.61M0.03M-8.20M
Other Non-Interest Income 3.40M10.63M3.51M3.23M3.87M4.18M3.73M
Non-Interest Income 28.32M29.20M40.60M28.39M23.90M29.34M33.22M
Operating Items
Amortization - Intangibles 0.97M1.37M1.40M1.21M1.05M0.89M0.73M
Depreciation & Amortization - Total 4.20M4.60M6.20M3.60M3.50M3.50M3.20M
Research & Development 11.57M10.88M11.33M16.04M17.73M17.74M19.80M
Wages, Salaries and Other 67.42M70.28M69.42M69.84M74.71M85.77M93.77M
Rent Expense 16.48M17.72M23.04M14.02M13.72M13.61M13.08M
Other Operating Expenses 95.75M94.63M93.32M98.59M105.62M116.40M123.69M
Operating Expenses 128.00M127.83M133.89M132.25M140.57M151.25M159.77M
EBIT 64.54M83.49M72.42M76.95M126.81M221.50M264.45M
Net income details
EBT 50.32M64.17M61.94M70.72M108.16M124.73M145.59M
Tax Provisions 5.67M16.97M15.76M17.79M26.69M36.75M39.16M
Profit After Tax 44.65M47.20M46.19M52.94M81.48M87.98M106.43M
Equity Income 7.41M0.15M-2.77M4.93M-0.83M
Income from Continuing Operations 44.65M47.20M46.19M52.94M81.48M87.98M106.43M
Consolidated Net Income 44.65M47.20M46.19M52.94M81.48M87.98M106.43M
Income towards Parent Company 44.65M47.20M46.19M52.94M81.48M87.98M106.43M
Net Income towards Common Stockholders 44.65M47.20M46.19M52.94M81.48M87.98M106.43M
Additional items
EPS (Basic) 1.471.491.481.702.642.883.48
EPS (Weighted Average and Diluted) 1.461.471.481.682.612.863.44
Tax Rate 11.26%26.45%25.43%25.15%24.67%29.47%26.89%