AMAL Q1 2024 Earnings — Amalgamated Financial Corp. Revenue & Financial Results | Market Cap Arena

AMALAmalgamated Financial Corp.

$1B

Q1 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$105M+16.8% YoY

Gross Profit

$75M71.0% margin

Operating Income

$39M36.7% margin

Net Income

$27M25.9% margin

EPS (Diluted)

$0.89

QoQ Revenue Growth

+3.3%

Cash Flow

Operating Cash Flow

$31M

Free Cash Flow

$31M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$8.1B

Total Liabilities

$7.5B

Stockholders' Equity

$617M

Cash & Equivalents

$155M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$105M	$90M	+16.8%
Gross Profit	$75M	$67M	+10.7%
Operating Income	$39M	$29M	+33.3%
Net Income	$27M	$21M	+27.7%