Amalgamated Financial Corp. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 62.99 million compared to USD 56.5 million a year ago. Net income was USD 21.64 million compared to USD 19.61 million a year ago. Basic earnings per share from continuing operations was USD 0.71 compared to USD 0.64 a year ago. Diluted earnings per share from continuing operations was USD 0.7 compared to USD 0.63 a year ago.
For the six months, net interest income was USD 130.26 million compared to USD 104.87 million a year ago. Net income was USD 42.98 million compared to USD 33.78 million a year ago. Basic earnings per share from continuing operations was USD 1.4 compared to USD 1.09 a year ago. Diluted earnings per share from continuing operations was USD 1.39 compared to USD 1.08 a year ago.