NEW YORK (AP) — NEW YORK (AP) — Amalgamated Financial Corp. (AMAL) on Thursday reported first-quarter earnings of $25 million.
On a per-share basis, the New York-based company said it had profit of 81 cents. Earnings, adjusted for non-recurring costs, came to 88 cents per share.
The bank posted revenue of $107.1 million in the period. Its adjusted revenue was $77 million.
Amalgamated Financial shares have decreased 16% since the beginning of the year. The stock has increased 22% in the last 12 months.
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