Amalgamated Bank
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Amalgamated is America’s socially responsible bank. It’s why we are the largest B Corp certified bank and a Real Leaders 100 Top Impact Company.
NY Climate Week may be over, but our Impact is not. Getting critical funding to underserved communities isn’t just a priority, it’s our mission.
Today, 26% of our total loan originations are delivering capital to low-income and disadvantaged communities, helping to shape a more equitable future.
We’ve delivered $1.7B where it’s needed most. That’s what it means to Bank on Impact.
04/24/2025
We’re excited to share our 2025 Q1 earnings report!
Our President and Chief Executive Officer, Priscilla Sims Brown, commented, “All of our key earnings metrics came in strong and as expected, showing again that at Amalgamated, we do what we say we will. Our balance sheet boasts a low-risk asset profile including low commercial real-estate lending concentration, high levels of immediate and two-day liquidity, and return metrics near the top of our peer stack.”
We saw a net income of $25.0 million, with our on-balance sheet deposits increasing 3.2% to $7.4 billion. Additionally, our total PACE assessments grew $3.2 million, or 0.3%, to $1.2 billion.
To read more about our Q1 earnings please visit https://ir.amalgamatedbank.com/news-releases/news-release-details/amalgamated-financial-corp-reports-first-quarter-2025-financial
01/10/2025
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