How to Buy Amalgamated Financial Stock

Amalgamated Financial Corp

Amalgamated Financial Corp. operates as the bank holding company for Amalgamated Bank that provides commercial and retail banking, investment management, and trust and custody services for commercial and retail customers in the United States.

Amalgamated Financial stock last closed at $36.10, up 2.27% from the previous day, and has increased 44.17% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.16 percentage points. Amalgamated Financial stock is currently +69.28% from its 52-week low of $21.33, and -5.47% from its 52-week high of $38.19.

At the moment, there are 30.67M AMAL shares outstanding. The market capitalization of AMAL is $1.11B. In the last 24 hours, 207,676 AMAL shares were traded.

How to Buy Amalgamated Financial Stock

Not sure how to invest in Amalgamated Financial stock? Here's how.

  1. Figure out where to buy Amalgamated Financial stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Amalgamated Financial stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Choose your payment method and add your information.
  4. Analyze Amalgamated Financial stock: The Amalgamated Financial ticker symbol is AMAL. Is Amalgamated Financial stock a good investment? Should you buy shares of AMAL? How do AMAL's underlying business fundamentals look? Do top analysts think Amalgamated Financial is a good buy? Why has AMAL's stock price moved recently? (Hint: Our stock market research website can help you figure out if AMAL is a good stock to buy).
  5. Place your AMAL purchase: Decide if you will purchase AMAL shares at the current market price or use a limit order to purchase AMAL stock at a specific price.
  6. Get notifications regarding your AMAL position: Create a watchlist to monitor your new investment in Amalgamated Financial stock.

Step 1: Figure out where to buy Amalgamated Financial stock

You need an online brokerage account in order to access the NASDAQ market and buy AMAL stock.

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Step 2: Create a brokerage account

Now that you've picked your brokerage, you need to fill out some personal info so you are able to buy AMAL stock today.

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Step 3: Deposit money your investment account

Now that you've finished signing up on the greatest app to buy stocks, you need to deposit funds:

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Step 4: Analyze Amalgamated Financial stock

Once you have chosen the best place to buy Amalgamated Financial stock, it's critical to research their stock before you invest, so you actually comprehend the risk and opportunity.

Amalgamated Financial shares at a glance

AMAL Price
$36.10
1w %
11.21%
1y %
44.17%
5y %
90.5%
P/E
10.52x
P/B
1.59x
P/S
3.64x
PEG
8.91x
Revenue
$304.13M
Earnings
$104.64M
Fore. Rev. Growth
5.02%
Fore. Earn. Growth
1.46%
Market Cap
$1.11B
Next Earnings
Jan 23, 2025
Next Dividend
N/A

Amalgamated Financial Due Diligence Score

WallStreetZen was designed to help average investors do more in-depth fundamental analysis quickly.

You can view all of the due diligence checks on AMAL's stock page.

Is AMAL stock undervalued or overvalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge AMAL's intrinsic value.

Using relative valuations methods:

  • AMAL could be undervalued based on its P/E ratio of 10.52x, relative to Banks - Regional industry P/E ratio of 35.56x
  • AMAL could be overvalued based on its P/B ratio of 1.59x, relative to Banks - Regional industry P/B ratio of 1.12x
  • AMAL may be overvalued based on its PEG ratio of 8.91x

You can do more valuation analysis on AMAL's stock here.

AMAL Financial Health Summary

Pros:

  • AMAL profit margin has gone up from 33.3% to 34.4% in the past year.
  • AMAL's operating cash flow of $110.38M allows it to safely service it's debt of $90.73M.
  • AMAL earnings of $147.75M is not enough to cover its interest payments.

Cons:

  • AMAL has a relatively high debt to equity ratio of 11.05.

Is Amalgamated Financial stock a Buy, Hold, or Sell, according to analysts?

Out of 2 Wall Street analysts who give forecasts on AMAL, the consensus analyst rating on Amalgamated Financial is a Strong Buy

Please note that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are saying on the Amalgamated Financial stock forecast page.

Metrics for Advanced AMAL Traders

SMA10
33.99
SMA20
33.79
SMA50
34.99
SMA100
33.58
SMA200
30.02
MACD
0.05
MACD Signal
-0.28
MACD Histogram
0.33
RSI
64.23
Stochastic %K
95.43
Stochastic %D
90.72
StochRSI %K
99.18
StochRSI %D
96.76

AMAL Growth Metrics

Last year, AMAL earnings were $104.64M. Over the last 4 year, AMAL's earnings have grown by 24.89% per year. This was slower than the Banks - Regional industry average of 30.49%.

Last year, AMAL revenue was $304.13M. Over the last 4 year, AMAL's revenue has gone up by 11.8% per year. This was slower than the Banks - Regional industry average of 15.19%.

Dig into AMAL's earnings and revenue performance here.

What are AMAL insiders up to?

In the last year, insiders at AMAL have sold more shares than they have bought.

Sam D. Brown, SEVP Chief Banking Officer of AMAL, was the latest AMAL insider to sell. They sold $276,242.48 worth of AMAL stock on Jan 2, 2025.

Learn more about who owns AMAL stock here.

Can I get consistent income from AMAL stock?

Amalgamated Financial pays a dividend of 0.33%, compared to the Banks - Regional industry's average dividend yield of 2.89%. If you owned $1,000 worth of AMAL stock, you would have been paid $3.32 last year.

Amalgamated Financial dividend payments have consistently grown over the past 7 years and have remained stable.

Get more data about Amalgamated Financial dividend yield and history here.

AMAL Social Trading Data

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Step 5: Place your AMAL purchase

You have two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually sufficient.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at an exact dollar amount, place a limit order.

Hit the Open Trade button and your broker will place your order.

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Step 6: Get notifications regarding your AMAL position

Now that you own some shares in AMAL, you'll want to keep up with your investment.

Create a watchlist to monitor your AMAL stock.

AMAL Feed

How to Buy Stock in Amalgamated Financial

To summarize, here are the 6 steps for buying Amalgamated Financial stock:

  1. Figure out where to buy Amalgamated Financial stock
  2. Create a brokerage account
  3. Deposit money your investment account
  4. Analyze Amalgamated Financial stock
  5. Place your AMAL purchase
  6. Get notifications regarding your AMAL position

If you require a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep track of your new investment in Amalgamated Financial, add AMAL to your watchlist below.

NASDAQ: AMAL
$36.10+0.80 (+2.27%)
Updated Jan 17, 2025
Open eToro Account
Your capital is at risk.
NASDAQ: AMAL
$36.10+0.80 (+2.27%)
Updated Jan 17, 2025
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Amalgamated Financial share?

As of Jan 17, 2025, it costs $36.10 to buy one share of Amalgamated Financial stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.277 shares of AMAL.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Amalgamated Financial stock?

According to 2 Wall Street analysts who monitor Amalgamated Financial, their consensus recommendation is to buy Amalgamated Financial stock.

What is the best way to buy Amalgamated Financial stock?

One way to place an order for Amalgamated Financial stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.