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Amalgamated Financial (Amalgamated Financial) Net Margin % : 35.76% (As of Mar. 2024)


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What is Amalgamated Financial Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Amalgamated Financial's Net Income for the three months ended in Mar. 2024 was $27.2 Mil. Amalgamated Financial's Revenue for the three months ended in Mar. 2024 was $76.2 Mil. Therefore, Amalgamated Financial's net margin for the quarter that ended in Mar. 2024 was 35.76%.

The historical rank and industry rank for Amalgamated Financial's Net Margin % or its related term are showing as below:

AMAL' s Net Margin % Range Over the Past 10 Years
Min: 4.09   Med: 25.08   Max: 32.42
Current: 32.42


AMAL's Net Margin % is ranked better than
70.62% of 1457 companies
in the Banks industry
Industry Median: 25.09 vs AMAL: 32.42

Amalgamated Financial Net Margin % Historical Data

The historical data trend for Amalgamated Financial's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Amalgamated Financial Net Margin % Chart

Amalgamated Financial Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 24.10 21.66 26.14 30.57 30.79

Amalgamated Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.50 30.75 31.89 31.06 35.76

Competitive Comparison of Amalgamated Financial's Net Margin %

For the Banks - Regional subindustry, Amalgamated Financial's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Amalgamated Financial's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Amalgamated Financial's Net Margin % distribution charts can be found below:

* The bar in red indicates where Amalgamated Financial's Net Margin % falls into.



Amalgamated Financial Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Amalgamated Financial's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=87.978/285.715
=30.79 %

Amalgamated Financial's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=27.249/76.194
=35.76 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Amalgamated Financial  (NAS:AMAL) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Amalgamated Financial Net Margin % Related Terms

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Amalgamated Financial (Amalgamated Financial) Business Description

Traded in Other Exchanges
Address
275 Seventh Avenue, New York, NY, USA, 10001
Amalgamated Financial Corp is a bank holding company. It is a full-service commercial bank and a chartered trust company. It provides commercial banking and trust services nationally and offers a range of products and services to commercial and retail customers. It offers a complete suite of commercial and retail banking, investment management, and trust and custody services.
Executives
Finser Mark director 275 SEVENTH AVE., NEW YORK NY 10001
Jason Darby officer: Executive VP 275 SEVENTH AVE., NEW YORK NY 10001
Sam D. Brown officer: Executive VP 275 SEVENTH AVE., NEW YORK NY 10001
Amalgamated Financial Corp. 10 percent owner, other: Workers United 275 SEVENTH AVE., NEW YORK NY 10001
Mandy Tenner officer: Executive VP, General Counsel 275 SEVENTH AVE., NEW YORK NY 10001
Sean Searby officer: EVP, Operations & Program Mgmt 275 SEVENTH AVENUE, NEW YORK NY 10001
Tyrone Graham officer: EVP, Chief HR Officer 275 7TH AVENUE, NEW YORK NY 10001
Maryann Bruce director C/O MBIA INC., 113 KING STREET, ARMONK NY 10504
Ina Narula officer: EVP, Chief Risk Officer 275 7TH AVENUE, NEW YORK NY 10001
Leslie Veluswamy officer: Executive Vice President & CAO 300 CADMAN PLAZA WEST, 8TH FLOOR, BROOKLYN NY 11201
Ronald W Burkle 10 percent owner
Yucaipa Corporate Initiatives Fund Ii Lp 10 percent owner 9130 West Sunset Boulevard, Los Angeles CA 90069
Yucaipa Corporate Initiatives (parallel) Fund Ii Lp 10 percent owner 9130 West Sunset Boulevard, Los Angeles CA 90069
Meredith Miller director 275 SEVENTH AVE., NEW YORK NY 10001
Margaret Matilda Lanning officer: EVP, Chief Credit Risk Officer 275 7TH AVENUE, NEW YORK NY 10001