Amalgamated Financial Corp. discussed second-quarter 2026 results on a July 23 earnings call attended by CEO Priscilla Sims Brown, CFO Jason Darby, and Chief Banking Officer Sam Brown.
Net income reached $34.8 million; core net income was $33.1 million; revenue was about $98 million; revenue per share was $3.18.
Deposits rose $280 million to $8.5 billion; political deposits increased about $212 million to $2.1 billion; total loans increased about $115 million.
Management raised 2026 net interest income guidance to $338 million-$340 million; raised core pretax pre-provision earnings to $188 million-$190 million.
Darby targeted about $49 million of quarterly expenses in Q3 and Q4; balance sheet targeted at $9.6 billion of assets by early Q3.
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