Amalgamated Financial Corp.
AI Valuation
AI-generated fair value estimate for this company.
AI Fair Value
$41.20
Market Price
$47.84
Overvalued By
16.1%
Method: Bank NAV / Gordon-growth model: $27.47 tangible book value per share (Q2 2026); sustainable ROE of ~13% (TTM net income $113.4M on ~$822M tangible equity) versus a 10% cost of equity and 4% long-run growth implies a fair P/TBV multiple of 1.5x (ROE-g)/(COE-g); 29.90M shares outstanding.
Reasoning: Bank equity is best valued on tangible book value and normalized ROE rather than unlevered FCF; a 13% ROE bank in a 10% cost-of-equity environment supports a modest premium to book value.