Filing Flows › Amalgamated Financial (AMAL) › Q3 2026
Amalgamated Financial (AMAL) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 3, 2026
Amalgamated Financial (AMAL) reported revenue of $102M for the third quarter 2026 (Q3 2026), +19% from a year earlier and +3% from the quarter before. Operating margin was 48.4%, net earnings $36.4M (35.8% of revenue).
Amalgamated Financial, Q3 2026: revenue $102M (+19% year over year), operating margin 48.4%, net earnings $36.4M, operating cash flow $41.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $102M | +3% | +19% |
| Operating profit | $49.2M | +6% | +34% |
| Net earnings | $36.4M | +5% | +36% |
| Operating cash flow | $41.4M | +36% | +5% |
| Free cash flow | $33.0M | +68% | -14% |
What changed
Revenue was $101.7M in Q3 2026, up 19% year over year and up 3% from the previous quarter. Net interest income was the largest line at 86% of revenue. Net interest income added $11.5M year over year (up 15%), 71% of the total change.
Operating profit was $49.2M, a 48.4% margin (up 5.5 points year over year). Of the extra revenue versus a year earlier, 78% reached operating profit, above the 43% margin then. Total costs grew 7% against revenue growth of 19%. The fastest-growing cost line was Noninterest expense (+12%). Net earnings were $36.4M, up 36% year over year. The effective tax rate was 26.0%.
Operating cash flow was $41.4M (up 5% year over year), 114% of net earnings. Non-cash charges added back $1.9M of share-based compensation. Working capital and other items added $3.1M. Capital expenditures of $8.4M left free cash flow of $33.0M.
Questions
What was Amalgamated Financial's revenue in the third quarter 2026?
Amalgamated Financial (AMAL) reported revenue of $102M for the third quarter 2026 (Q3 2026), +19% from a year earlier and +3% from the quarter before.
Was Amalgamated Financial profitable in the third quarter 2026?
Operating profit was $49.2M (48.4% of revenue) and net earnings $36.4M.