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Amalgamated Financial Corp. Reports First Quarter 2021 Financial Results


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Amalgamated Financial Corp. Reports First Quarter 2021 Financial Results
Amalgamated Financial Corp.April 22, 2021 GMT
NEW YORK, April 22, 2021 (GLOBE NEWSWIRE) Amalgamated Financial Corp. (the “Company” or “Amalgamated”) (Nasdaq: AMAL), the holding company for Amalgamated Bank (the “Bank”), today announced financial results for the first quarter ended March 31, 2021.
On March 1, 2021 (the “Effective Date”), the Company acquired all of the outstanding stock of the Bank in a statutory share exchange transaction (the “Reorganization”) effected under New York law and in accordance with the terms of a Plan of Acquisition dated September 4, 2020. In this release, unless the context indicates otherwise, references to “we,” “us,” and “our” refer to the Company and the Bank. However, if the discussion relates to a period before the Effective Da ....

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