Stock fact sheet · data as of
Amalgamated Financial Corp. (AMAL): fair value, margin of safety and Wheel Score
Financial Services · Banks - Regional · United States · Value
Is AMAL undervalued?
AMAL has a margin of safety of 38%: the stock closed at 47.09 on 16 Oct 2026 against a GLS average fair value of 76.20. 6 of the 9 valuation models that produced a number sit above the price. Our screens treat a discount this large as a strong starting point for a cash-secured put, not as a verdict - the fair value is a model output, and a wide gap can mean the models are missing something the market knows.
There is a wide gap between DDM (9.56) and Graham Growth (159.02). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files AMAL under Value: positive earnings at a P/E of 18 or less.
Nine valuation models for AMAL
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 28.27 | -40% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 48.86 | +4% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 159.02 | +238% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 65.18 | +38% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 74.03 | +57% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 124.82 | +165% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 133.83 | +184% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 9.56 | -80% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 42.18 | -10% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -266.12 | -665% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 54.00 | +15% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Amalgamated Financial Corp. scores 8 of 9 on the Piotroski F-score, the nine yes/no tests of profitability, leverage and efficiency on the latest annual accounts - a strong reading that passes the Sunday Scan's "6 or more" rule with room to spare. On durability AMAL scores 7.3/10 on the GLS Moat - a middle reading; the Scorecard on the Quote page's Financials tab shows which ten-year lines are steady and which are not.
Returns on capital are moderate - ROIC 11.8%, ROE 13.1%, ROA 1.2% - with debt at 0.12 times equity and a free-cash-flow yield of 10.2%.
The dividend yield is 1.38% with a payout ratio of 21% - a small yield that leaves most of the earnings in the business.
Institutional ownership scores 7/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 8 / 9 | ROIC | 11.8% |
|---|---|---|---|
| GLS Moat | 7.3 / 10 | ROE | 13.1% |
| Debt / equity | 0.12 | ROA | 1.2% |
| Free-cash-flow yield | 10.2% | Payout ratio | 21% |
| Institutions | 7 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 84: Prime
With a Wheel Score of 84, Amalgamated Financial Corp. sits in the Prime band - price, quality and premium all line up for the wheel strategy. The parts: Value 25/25, Health 18/20, Moat 11/15, Premium 20/20, Stability 10/20. A high score is a ranking, not a signal: it says nothing about timing, the earnings date or your position size.
Implied volatility is 37% on the near-the-money contracts 20-60 days out - inside the 35-60% range the Wheel Score pays full marks for: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is thin - 773 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 167k shares a day on a market cap of $1.4B, with a beta of 0.81; the Stability part of the Wheel Score gives that 10 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 38% margin of safety | |
| Health | 18 / 20 | Piotroski 8/9 | |
| Moat | 11 / 15 | moat 7.3/10 | |
| Premium | 20 / 20 | implied volatility 37% | |
| Stability | 10 / 20 | 167k shares/day, $1.4B cap, beta 0.81 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
Amalgamated Financial Corp. reports earnings on 22 Oct 2026 (before the open) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Banks - Regional
The 12 companies below are the closest to Amalgamated Financial Corp. by market cap within the Banks - Regional industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| BHRB Burke & Herbert Financial Services Corp. | 69.75 | 95.74 | +27% | 39No options | $1.4B |
| TMP Tompkins Financial Corporation | 95.86 | 129.17 | +26% | 72Good | $1.4B |
| LKFN Lakeland Financial Corporation | 57.91 | 53.65 | -8% | 67Good | $1.4B |
| ESQ Esquire Financial Holdings, Inc. | 118.95 | 148.10 | +20% | 39No options | $1.4B |
| WABC Westamerica Bancorporation | 58.70 | 68.31 | +14% | 70Good | $1.4B |
| TFIN Triumph Financial, Inc. | 61.26 | 46.74 | -31% | 49Weak | $1.5B |
| CTBI Community Trust Bancorp, Inc. | 74.43 | 107.06 | +30% | 80Prime | $1.4B |
| CASH Pathward Financial, Inc. | 72.12 | 296.28 | +76% | 83Prime | $1.5B |
| FMBH First Mid Bancshares, Inc. | 49.29 | 62.77 | +21% | 72Good | $1.3B |
| CNOBP ConnectOne Bancorp, Inc. | 25.28 | 58.37 | +57% | 39No options | $1.5B |
| CNOB ConnectOne Bancorp, Inc. | 30.43 | 62.04 | +51% | 73Good | $1.5B |
| PEBO Peoples Bancorp Inc. | 35.79 | 52.53 | +32% | 81Prime | $1.3B |
⚖ Compare AMAL with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about AMAL
Is AMAL undervalued right now?
By the GLS models, yes: at 47.09 the stock is 38% below the average fair value of 76.20 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of AMAL and what does it mean?
AMAL scores 84 out of 100 (Prime). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for AMAL?
76.20 per share as of 16 Oct 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Amalgamated Financial Corp. report earnings next?
The next earnings report is due on 22 Oct 2026 (before the open), 6 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does AMAL have listed options, and how liquid are they?
Yes. The nightly snapshot found 108 listed contracts with 773 open interest across all expiries and implied volatility of 37% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.