NEW YORK (AP) — NEW YORK (AP) — Amalgamated Financial Corp. (AMAL) on Thursday reported third-quarter profit of $26.8 million.
On a per-share basis, the New York-based company said it had profit of 88 cents. Earnings, adjusted for non-recurring costs, were 91 cents per share.
The bank posted revenue of $118.7 million in the period. Its adjusted revenue was $85.6 million.
Amalgamated Financial shares have decreased 20% since the beginning of the year. The stock has declined 22% in the last 12 months.
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