AMAL Q3 2023 Earnings — Amalgamated Financial Corp. Revenue & Financial Results | Market Cap Arena

AMALAmalgamated Financial Corp.

$1B

Q3 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$97M+26.6% YoY

Gross Profit

$68M69.7% margin

Operating Income

$31M32.0% margin

Net Income

$22M22.9% margin

EPS (Diluted)

$0.73

QoQ Revenue Growth

+4.5%

Cash Flow

Operating Cash Flow

$40M

Free Cash Flow

$39M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$7.9B

Total Liabilities

$7.4B

Stockholders' Equity

$546M

Cash & Equivalents

$140M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$97M	$77M	+26.6%
Gross Profit	$68M	$68M	-0.7%
Operating Income	$31M	$31M	+0.5%
Net Income	$22M	$23M	-2.8%