Amalgamated Financial Corp. Earnings Per Share Disclosure
| Year Ended December 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| (In thousands, except per share amounts) | |||||||||||||||||
| Income attributable to common stock | $ | 104,447 | $ | 106,434 | $ | 87,978 | |||||||||||
| Weighted average common shares outstanding, basic | 30,328 | 30,588 | 30,555 | ||||||||||||||
| Basic earnings per common share | $ | 3.44 | $ | 3.48 | $ | 2.88 | |||||||||||
| Income attributable to common stock | $ | 104,447 | $ | 106,434 | $ | 87,978 | |||||||||||
| Weighted average common shares outstanding, basic | 30,328 | 30,588 | 30,555 | ||||||||||||||
| Incremental shares from assumed conversion of options and RSUs | 304 | 348 | 230 | ||||||||||||||
| Weighted average common shares outstanding, diluted | 30,632 | 30,936 | 30,785 | ||||||||||||||
| Diluted earnings per common share | $ | 3.41 | $ | 3.44 | $ | 2.86 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 5, 2026 | Showing above |
| 2024 | Mar 6, 2025 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.