Amalgamated Financial reported Q2 net income of $34.8 million, up 33.85% year over year; diluted EPS rose to $1.15.
Net interest income climbed 18.1% to $86.1 million; net interest margin widened 23 basis points to 3.78%.
Provision for credit losses eased to $4.4 million from $4.9 million a year earlier, on charge-offs in consumer solar and C&I.
Non-interest income and balance sheet
Non-interest income increased to $12.3 million from $8 million, driven by service charges on deposit accounts rising to $6.86 million from $3.87 million.
Total assets were $9.41 billion at June 30, 2026; deposits grew by $509.2 million versus Dec. 31, 2025 to $8.46 billion.
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