AMAL Q2 2024 Earnings — Amalgamated Financial Corp. Revenue & Financial Results | Market Cap Arena

AMALAmalgamated Financial Corp.

$1B

Q2 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$110M+17.6% YoY

Gross Profit

$77M70.0% margin

Operating Income

$36M32.6% margin

Net Income

$27M24.4% margin

EPS (Diluted)

$0.87

QoQ Revenue Growth

+4.5%

Cash Flow

Operating Cash Flow

$28M

Free Cash Flow

$28M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$8.3B

Total Liabilities

$7.6B

Stockholders' Equity

$646M

Cash & Equivalents

$58M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$110M	$93M	+17.6%
Gross Profit	$77M	$66M	+15.7%
Operating Income	$36M	$29M	+21.4%
Net Income	$27M	$22M	+23.6%