Amalgamated Bank
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 in the United States. It accepts various deposit products, including non-interest-bearing accounts, interest-bearing demand products, savings accounts, money market accounts, NOW accounts, time deposits, and certif… Read more
Amalgamated Bank (AMAL) - Net Assets
Latest net assets as of December 2025: $794.46 Million USD
Based on the latest financial reports, Amalgamated Bank (AMAL) has net assets worth $794.46 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.87 Billion) and total liabilities ($8.08 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $794.46 Million |
| % of Total Assets | 8.96% |
| Annual Growth Rate | 9.85% |
| 5-Year Change | 40.89% |
| 10-Year Change | N/A |
| Growth Volatility | 10.33 |
Amalgamated Bank - Net Assets Trend (2016–2025)
This chart illustrates how Amalgamated Bank's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Amalgamated Bank (2016–2025)
The table below shows the annual net assets of Amalgamated Bank from 2016 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $794.46 Million | +12.27% |
| 2024-12-31 | $707.65 Million | +20.89% |
| 2023-12-31 | $585.36 Million | +15.01% |
| 2022-12-31 | $508.95 Million | -9.74% |
| 2021-12-31 | $563.88 Million | +5.24% |
| 2020-12-31 | $535.82 Million | +9.23% |
| 2019-12-31 | $490.54 Million | +11.65% |
| 2018-12-31 | $439.37 Million | +27.70% |
| 2017-12-31 | $344.07 Million | +0.87% |
| 2016-12-31 | $341.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Amalgamated Bank's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 509.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $567.27 Million | 71.40% |
| Common Stock | $312.00K | 0.04% |
| Other Comprehensive Income | $-32.09 Million | -4.04% |
| Other Components | $258.97 Million | 32.60% |
| Total Equity | $794.46 Million | 100.00% |
Amalgamated Bank Competitors by Market Cap
The table below lists competitors of Amalgamated Bank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MASTERBRAND INC. DL-001
F:D55
|
$768.54 Million |
|
Oric Pharmaceuticals Inc
NASDAQ:ORIC
|
$768.58 Million |
|
Shanxi Zhangze Electric Power Co Ltd
SHE:000767
|
$768.72 Million |
|
Omeros Corporation
NASDAQ:OMER
|
$768.96 Million |
|
Chongqing Taiji Industry Group Co Ltd
SHG:600129
|
$768.31 Million |
|
Servyou Software Group Co Ltd
SHG:603171
|
$768.21 Million |
|
Amerant Bancorp Inc.
NYSE:AMTB
|
$768.19 Million |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
$768.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Amalgamated Bank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 707,654,000 to 794,464,000, a change of 86,810,000 (12.3%).
- Net income of 104,446,000 contributed positively to equity growth.
- Dividend payments of 17,203,000 reduced retained earnings.
- Share repurchases of 35,169,000 reduced equity.
- Other comprehensive income increased equity by 26,549,000.
- Other factors increased equity by 8,187,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $104.45 Million | +13.15% |
| Dividends Paid | $17.20 Million | -2.17% |
| Share Repurchases | $35.17 Million | -4.43% |
| Other Comprehensive Income | $26.55 Million | +3.34% |
| Other Changes | $8.19 Million | +1.03% |
| Total Change | $- | 12.27% |
Book Value vs Market Value Analysis
This analysis compares Amalgamated Bank's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.43x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.28x to 1.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $11.40 | $37.41 | x |
| 2017-12-31 | $10.83 | $37.41 | x |
| 2018-12-31 | $14.34 | $37.41 | x |
| 2019-12-31 | $15.23 | $37.41 | x |
| 2020-12-31 | $17.15 | $37.41 | x |
| 2021-12-31 | $17.89 | $37.41 | x |
| 2022-12-31 | $16.31 | $37.41 | x |
| 2023-12-31 | $19.01 | $37.41 | x |
| 2024-12-31 | $22.87 | $37.41 | x |
| 2025-12-31 | $26.24 | $37.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Amalgamated Bank utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.15%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.95%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 11.16x
- Recent ROE (13.15%) is above the historical average (10.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 3.10% | 6.66% | 0.04x | 11.86x | $-23.54 Million |
| 2017 | 1.78% | 3.65% | 0.04x | 11.75x | $-28.29 Million |
| 2018 | 10.17% | 23.22% | 0.04x | 10.67x | $730.30K |
| 2019 | 9.63% | 21.94% | 0.04x | 10.86x | $-1.84 Million |
| 2020 | 8.62% | 20.65% | 0.04x | 11.16x | $-7.38 Million |
| 2021 | 9.39% | 25.36% | 0.03x | 12.56x | $-3.44 Million |
| 2022 | 16.01% | 28.57% | 0.04x | 15.41x | $30.59 Million |
| 2023 | 15.03% | 23.00% | 0.05x | 13.62x | $29.45 Million |
| 2024 | 15.04% | 24.45% | 0.05x | 11.67x | $35.67 Million |
| 2025 | 13.15% | 22.95% | 0.05x | 11.16x | $25.00 Million |
Industry Comparison
This section compares Amalgamated Bank's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Amalgamated Bank (AMAL) | $794.46 Million | 3.10% | 10.16x | $768.44 Million |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |