NEW YORK (AP) — NEW YORK (AP) — Amalgamated Financial Corp. (AMAL) on Thursday reported fourth-quarter earnings of $24.5 million.
On a per-share basis, the New York-based company said it had net income of 79 cents. Earnings, adjusted for non-recurring costs, came to 90 cents per share.
The bank posted revenue of $107.4 million in the period. Its adjusted revenue was $77.9 million.
For the year, the company reported profit of $106.4 million, or $3.44 per share. Revenue was reported as $315.6 million.
Amalgamated Financial shares have risen slightly more than 9% since the beginning of the year. The stock has risen 39% in the last 12 months.
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