Benzinga | Oct 28, 2020 07:17AM EDT

Recap: Amalgamated Bank Q3 Earnings

Shares of Amalgamated Bank (NASDAQ:AMAL) remained unaffected after the company reported Q3 results.

Quarterly Results

Earnings per share rose 31.71% year over year to $0.54, which beat the estimate of $0.41.

Revenue of $58,010,000 up by 17.39% from the same period last year, which beat the estimate of $53,740,000.

Looking Ahead

Amalgamated Bank hasn't issued any earnings guidance for the time being.

Amalgamated Bank hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Oct 28, 2020

Time: 10:00 AM

ET Webcast URL: http://public.viavid.com/player/index.php?id=141658

Technicals

Company's 52-week high was at $20.00

52-week low: $7.90

Price action over last quarter: down 7.05%

Company Description

Amalgamated Bank provides banking products and services. The company's corporate divisions include Consumer Banking, Business Development, Investment Management, and Commercial Lending. Its products include deposits, loans, investments, cash management, residential and commercial mortgages.