NEW YORK (AP) — NEW YORK (AP) — Amalgamated Financial Corp. (AMAL) on Thursday reported first-quarter net income of $25.2 million.
The New York-based company said it had net income of 84 cents per share. Earnings, adjusted for non-recurring gains, came to 80 cents per share.
The bank posted revenue of $122.6 million in the period. Its adjusted revenue was $93.4 million.
Amalgamated Financial shares have risen 32% since the beginning of the year. The stock has risen 54% in the last 12 months.
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