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 $23.93, up 2.53% from the previous day, and has increased 30.77% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.17 percentage points. Amalgamated Financial stock is currently +70.32% from its 52-week low of $14.05, and -13.83% from its 52-week high of $27.77.
At the moment, there are 30.51M AMAL shares outstanding. The market capitalization of AMAL is $730.09M. In the last 24 hours, 109,881 AMAL shares were traded.
How to Buy Amalgamated Financial Stock
Not sure how to invest in Amalgamated Financial stock? Here's how.
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.
Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
Deposit money your investment account: Choose your payment method and add your information.
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).
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.
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.
A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.
Our recommended brokerage: eToro
Based on our experience, eToro is the best place to buy stocks. eToro gives you:
You can invest in stocks with zero commissions: Invest without paying trading commissions.
Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
Access to world markets: From Tech to Industrials, New York to Hong Kong — you can fill your portfolio with stocks from the globe's leading stock exchanges.
Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
Security: eToro is a regulated and licensed brokerage platform.
Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro today.
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.
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.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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
$23.93
1w %
0.76%
1y %
30.77%
5y %
57.43%
P/E
8.31x
P/B
1.25x
P/S
2.65x
PEG
4.92x
Revenue
$275.98M
Earnings
$87.98M
Fore. Rev. Growth
10.57%
Fore. Earn. Growth
2.08%
Market Cap
$730.09M
Next Earnings
Apr 25, 2024
Next Dividend
N/A
Amalgamated Financial Zen Score
WallStreetZen was designed to help average investors do more in-depth fundamental analysis quickly.
Last year, AMAL earnings were $87.98M. Over the past 5 year, AMAL's earnings have gone up by 14.4% per year. This was slower than the Banks - Regional industry average of 15.73%.
Last year, AMAL revenue was $275.98M. Over the past 5 year, AMAL's revenue has grown by 9.13% per year. This was faster than the Banks - Regional industry average of 7.21%.
No, Amalgamated Financial doesn't provide an income stream by paying out dividends.
What do other traders have to say about AMAL?
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your AMAL purchase
There are two main types of orders:
Market order: A market order is an order to buy or sell a security at the best available price. Market orders are usually fine for most investors.
Limit order: A limit order lets you buy or sell a security at a specific price (or better). If you want to make sure 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.
If you need more info about buying stocks on eToro, watch the helpful video below:
How much does it cost to buy one Amalgamated Financial share?
As of Mar 27, 2024, it costs $23.93 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 0.418 shares of AMAL.
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.