AMALAmalgamated Financial Corp.
Amalgamated Financial Corp. (AMAL) is a regional bank holding company with a focus on commercial and residential lending, primarily in the Midwest. The next catalyst is Nov 3, 2026 — Q3 2026 Earnings Release, which will test the company’s ability to sustain net interest margin expansion and deliver revenue growth in a volatile rate environment.
- AMAL’s Q3 2026 results will be scrutinized for NIM performance and deposit growth, key drivers of profitability.
- The company has a clean balance sheet with no debt, and free cash flow of $275.5M in the last 12 months.
- The stock has historically responded positively to macro events and catalysts like earnings reports and CRE stress reviews, with strong fundamental reassurance driving bullish outcomes despite mixed market conditions.
The Read
3% on macro events and catalysts like earnings reports and CRE stress reviews, with strong fundamental reassurance driving bullish outcomes despite mixed market conditions.
The schedule
- Tue3Nov
Release of Q3 2026 financial results, capturing peak pre-election deposit levels and updated net interest margin (NIM) performance.
- Sun15Nov
Market evaluation of the expected structural runoff in political deposits following the conclusion of the 2026 midterm election cycle.
- Tue5Jan
Anticipated board authorization for a new share repurchase program, contingent on capital ratios stabilizing after the election cycle.
- Tue2Feb
Q4 results coupled with full-year 2027 guidance, a critical test of AMAL's standalone earnings power outside of a major election year.
- Tue4May
First quarter 2027 earnings release, providing insight into the normalized loan growth trajectory and credit quality in a stable rate environment.
- Tue3Aug
Past
- Tue1Sep
Actual outcome: Mixed · $49.16 at outcome
The stock rose 3.9% following the event due to strong inflows from political and PAC-related deposits, aligning with the bullish case. The surge reflected confidence in Amalgamated Bank's unique positioning ahead of the midterm elections, despite no specific earnings results being disclosed.
Expected surge in political and PAC-related deposit inflows as Amalgamated Bank benefits from its unique positioning ahead of the November 2026 midterm elections.
- Tue4Aug
Actual outcome: Bull · $50.16 at outcome
Amalgamated Financial reported Q2 2026 EPS of $0.85, perfectly matching consensus estimates. The stock had already rallied to 52-week highs leading into the print, and the in-line results were sufficient to maintain this momentum, keeping shares well above the $47.80 bull target.
Market evaluation of Q2 performance and net interest margin execution against high baseline expectations.
- Mon1Jun
Actual outcome: Bull · $42.28 at outcome
AMAL's commercial real estate loan portfolio stress review demonstrated strong asset quality and resilience despite the higher-for-longer interest rate environment. The absence of significant non-performing loan deterioration or regulatory red flags reassured investors about the bank's risk exposure, driving the stock higher toward the bull target.
AMAL's periodic internal and regulatory review of its commercial real estate exposure amid a higher-for-longer interest rate environment.
- Tue5May
Actual outcome: Bull · $40.88 at outcome
Amalgamated Financial met EPS expectations of $0.89 while reporting a significant net interest margin (NIM) expansion to 3.75% and 9.7% revenue growth. The stock exceeded the bull target primarily because management raised full-year guidance, signaling strong fundamental performance and NIM stability despite the shifting interest rate environment.
Quarterly earnings report focusing on Net Interest Margin (NIM) stability and loan growth in a shifting rate environment.