Amalgamated Financial Corp 2026年季度报告

FORM10-Q QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(d)OFTHE SECURITIES EXCHANGE ACT OF 1934 ☒ For the quarterly period ended June30, 2026 OR TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d)OF THESECURITIES EXCHANGE ACT OF 1934 For transition period fromtoCommission File Number: 001-40136 Amalgamated Financial Corp.(Exact name of registrant as specified in its charter) 85-2757101 (I.R.S. Employer Identification No.) 275 Seventh Avenue, New York, NY10001(Address of principal executive offices) (Zip Code) (212) 255-6200(Registrant’s telephone number, including area code) Not Applicable(Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2)has been subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required tosubmit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany,” and “emerging growth company” in Rule 12b–2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Exchange Act Rule12b-2). Yes☐No☒ As of August3, 2026, the registrant had 29,900,147 shares of common stock outstanding at $0.01 par value per share. TABLE OF CONTENTS Cautionary Note Regarding Forward-Looking Statements ii PART I – FINANCIAL INFORMATION ITEM 1.Financial Statements (unaudited) Consolidated Statements of Financial Condition as of June 30, 2026 and December 31, 20251Consolidated Statements of Income for the Three and Six Months Ended June 30, 2026 and 20252Consolidated Statements of Comprehensive Income for the Three and Six Months Ended June 30, 2026 and 20253Consolidated Statements of Changes in Stockholders’ Equity for the Three and Six Months Ended June 30, 2026and 20254Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2026 and 20256Notes to Consolidated Financial Statements8ITEM 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations48ITEM 3.Quantitative and Qualitative Disclosures About Market Risk73ITEM 4.Controls and Procedures73PART II - OTHER INFORMATIONITEM 1.Legal Proceedings74ITEM 1A.Risk Factors74ITEM 2.Unregistered Sales of Equity Securities and Use of Proceeds74ITEM 5.Other Information75ITEM 6.Exhibits76Signatures77 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTSUnless the context indicates otherwise, references to “we,” “us,” “our” and the “Company” refer to Amalgamated Financial Corp. and Amalgamated Bank. References to the “Bank” refer to Amalgamated Bank. This Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of the Private Securities LitigationReform Act of 1995, Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-lookingstatements are not statements of historical or current fact nor are they assurances of future performance and generally can be identifiedby the use of forward-looking terminology, such as “may,” “will,” “anticipate,” “aspire,” “should,” “would,” “believe,” “contemplate,”“expect,” “estimate,” “continue,” “in the future,” and “intend,” as well as other similar words and expressions of the future. Theseforward-looking statements include, but are not limited to, statements related to our projected growth, anticipated future financialperformance, and management’s long-term performance goals, as well as statements relating to the anticipated effects on results ofoperations and financial condition from expected developments or events, or business and growth strategies, including anticipatedinternal growth. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors, any or all of which could causeactual results to differ materially from the results expressed or implied by such forward-looking statements. These risks anduncertainties include, but are not limited to: 1.uncertain conditions in the banking industry and in national, regional and local economies in c