NEW YORK (AP) — NEW YORK (AP) — Amalgamated Financial Corp. (AMAL) on Thursday reported first-quarter earnings of $27.2 million.
The New York-based company said it had profit of 89 cents per share. Earnings, adjusted for non-recurring gains, were 83 cents per share.
The bank posted revenue of $107.2 million in the period. Its adjusted revenue was $78.3 million.
Amalgamated Financial shares have declined 11% since the beginning of the year. The stock has risen 38% in the last 12 months.
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