NEW YORK (AP) — NEW YORK (AP) — Amalgamated Financial Corp. (AMAL) on Thursday reported fourth-quarter profit of $26.6 million.
The New York-based company said it had profit of 88 cents per share. Earnings, adjusted for one-time gains and costs, came to 99 cents per share.
The bank posted revenue of $115.2 million in the period. Its adjusted revenue was $85.2 million.
For the year, the company reported profit of $104.4 million, or $3.41 per share. Revenue was reported as $328.7 million.
Amalgamated Financial shares have risen 12% since the beginning of the year. The stock has declined slightly more than 2% in the last 12 months.
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