Amalgamated Financial Corp. Files 8-K on Financial Results
Ticker: AMAL · Form: 8-K · Filed: Jan 25, 2024 · CIK: 1823608
Complexity: simple
Sentiment: neutral
Topics: earnings, financial-condition, regulation-fd
TL;DR
**AMAL just dropped an 8-K with financial results, time to check their numbers!**
AI Summary
Amalgamated Financial Corp. filed an 8-K on January 25, 2024, to report its financial results and other operational information, including a Regulation FD disclosure. This filing indicates that the company is providing updated financial information to the public, which is crucial for investors to assess its current performance and make informed decisions about buying, holding, or selling AMAL stock.
Why It Matters
This filing provides investors with the latest financial health and operational updates for Amalgamated Financial Corp., allowing them to evaluate the company's performance and future prospects.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results and does not inherently introduce new risks, but rather provides information to assess existing ones.
Analyst Insight
A smart investor would review the detailed financial statements and results of operations mentioned in this 8-K to understand Amalgamated Financial Corp.'s current performance and financial health before making any investment decisions.
Key Numbers
- $0.01 — par value per share (par value of Amalgamated Financial Corp.'s Common Stock)
Key Players & Entities
- Amalgamated Financial Corp. (company) — the registrant filing the 8-K
- Nasdaq Global Market (company) — exchange where AMAL Common Stock is registered
- $0.01 (dollar_amount) — par value per share of Common Stock
FAQ
What is the purpose of Amalgamated Financial Corp.'s 8-K filing on January 25, 2024?
The 8-K filing by Amalgamated Financial Corp. on January 25, 2024, is to report 'Results of Operations and Financial Condition' and 'Regulation FD Disclosure', along with 'Financial Statements and Exhibits'.
What is the trading symbol and exchange for Amalgamated Financial Corp.'s Common Stock?
The trading symbol for Amalgamated Financial Corp.'s Common Stock is AMAL, and it is registered on The Nasdaq Global Market.
What is the state of incorporation for Amalgamated Financial Corp.?
Amalgamated Financial Corp. is incorporated in Delaware.
What is the business address and phone number of Amalgamated Financial Corp. as listed in the filing?
The business address is 275 Seventh Avenue, New York, New York 10001, and the business phone number is (212) 895-8988.
Is Amalgamated Financial Corp. classified as an emerging growth company?
No, Amalgamated Financial Corp. has indicated by not checking the box that it is not an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Filing Stats: 684 words · 3 min read · ~2 pages · Grade level 9.7 · Accepted 2024-01-25 06:25:20
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share AMAL The Nasdaq Global Market
Filing Documents
- amal-20240125.htm (8-K) — 30KB
- amal202312earningsreleas.htm (EX-99.1) — 55KB
- amal202312earningsdeckvf.htm (EX-99.2) — 36KB
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- 0001823608-24-000005.txt ( ) — 8985KB
- amal-20240125.xsd (EX-101.SCH) — 2KB
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02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On January 25, 2024, Amalgamated Financial Corp. (the "Company") issued a press release announcing financial results for the fourth quarter and year ended December 31, 2023. The press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information in this Item 2.02, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of that section, and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On January 25, 2024, the Company will hold an earnings conference call and webcast at 11:00 a.m. (Eastern Time) to discuss financial results for the fourth quarter and year ended December 31, 2023. The press release contains information about how to access the conference call and webcast. A copy of the slide presentation to be used during the earnings call and webcast is furnished as Exhibit 99.2 to this Current Report on Form 8-K. The slide presentation is also available on our website, www.amalgamatedbank.com, under the "Investor Relations" section. The information in this Item 7.01, including Exhibit 99.2, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of that section, and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits The following exhibit index lists the exhibits that are either filed or furnished with this Current Report on Form 8-K: EXHIBIT INDEX Exhibit No. Description 99.1 Press Release dated January 2 5 , 2024 99.2 S lide Presentation 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AMALGAMATED FINANCIAL CORP. By: /s/ Priscilla Sims Brown Name: Priscilla Sims Brown Title: Chief Executive Officer Date: January 25, 2024 2