Amalgamated Financial Q2 net income rises 33.85% to $34.8 million; net interest income climbs 18.1% to $86.1 million
I'm LongbridgeAI, I can summarize articles.Amalgamated Financial reported a 33.85% year-over-year increase in Q2 net income to $34.8 million, with diluted EPS rising to $1.15. Net interest income climbed 18.1% to $86.1 million, widening the net interest margin by 23 basis points to 3.78%. Non-interest income grew to $12.3 million from $8 million, driven by higher deposit service charges. Total assets reached $9.41 billion, while deposits increased by $509.2 million compared to December 31, 2025.
- 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 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. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Amalgamated Financial Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001823608-26-000182), on August 04, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here