On January 21, Amalgamated Financial Corp. Executive Vice President Sam Brown sold 5,151 shares of the company’s common stock, generating proceeds of approximately $183,000. Following the transaction, Brown’s ownership declined by 8.82%, leaving him with 53,232 shares, valued at roughly $1.89 million. The sale was disclosed in an SEC filing, underlining a notable insider reduction in position for one of the bank’s key executives.

Amalgamated Financial reported fourth-quarter earnings per share of $0.99, exceeding the consensus estimate of $0.91. Revenue for the period reached $87.91 million, beating forecasts of $85.37 million. The firm posted a net margin of 23.05% and a return on equity of 14.80%. Analysts now project full-year EPS of 3.65, reflecting confidence in the bank’s ability to sustain profitable growth in its core lending and deposit operations.

The board declared a quarterly dividend of $0.17 per share, up from $0.14 previously, representing an annualized payout of $0.68 and a yield of 1.8%. The dividend is payable on February 19 to shareholders of record as of February 3. At the new rate, the payout ratio stands at 16.87%, underscoring management’s commitment to returning capital while retaining ample funds for balance-sheet expansion.

In recent quarters, several hedge funds and asset managers have increased their Amalgamated Financial holdings. Millennium Management raised its stake by 63.7% to over 522,000 shares, while First Trust Advisors grew its position by 616.8% to approximately 133,000 shares. Boston Trust Walden initiated a new position worth nearly $17 million, and Credit Agricole and Geode Capital also added meaningful investments. Institutional ownership now accounts for nearly 76% of the float, reflecting strong confidence among professional investors.