Amalgamated Financial Corp. Declares Regular Quarterly Dividend
25 January 2023 - 8:30AM
Amalgamated Financial Corp. (“Amalgamated” or the “Company”)
(Nasdaq: AMAL) today announced that its Board of Directors has
declared a regular dividend to common stockholders of $0.10 per
share, payable by the Company on February 20, 2023, to stockholders
of record on February 6, 2023. The amount and timing of any future
dividend payments to stockholders will be subject to the discretion
of the Board of Directors.
About Amalgamated Financial
Corp.
Amalgamated Financial Corp. is a Delaware public
benefit corporation and a bank holding company engaged in
commercial banking and financial services through its wholly-owned
subsidiary, Amalgamated Bank. Amalgamated Bank is a New York-based
full-service commercial bank and a chartered trust company with a
combined network of five branches across New York City, Washington
D.C., and San Francisco, and a commercial office in Boston.
Amalgamated Bank was formed in 1923 as Amalgamated Bank of New York
by the Amalgamated Clothing Workers of America, one of the
country's oldest labor unions. Amalgamated Bank provides commercial
banking and trust services nationally and offers a full range of
products and services to both commercial and retail customers.
Amalgamated Bank is a proud member of the Global Alliance for
Banking on Values and is a certified B Corporation®. As of
September 30, 2022, our total assets were $7.9 billion, total net
loans were $3.8 billion, and total deposits were $7.2 billion.
Additionally, as of September 30, 2022, our trust business held
$37.6 billion in assets under custody and $12.5 billion in assets
under management.
Investor Contact:Jamie LillisSolebury Strategic
Communicationsshareholderrelations@amalgamatedbank.com
800-895-4172
Source: Amalgamated Financial Corp.
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