Is Amalgamated Financial Corp. overvalued or undervalued?

As of 24 April 2025, the valuation grade for Amalgamated Financial Corp. has moved from attractive to fair, indicating a shift in its perceived value. The company is currently fairly valued based on its financial metrics. Key ratios include a P/E ratio of 9, a Price to Book Value of 1.27, and an EV to EBITDA of 6.37.
In comparison to its peers, Amalgamated Financial Corp. has a lower P/E ratio than Coastal Financial Corp., which stands at 25.69, and is on par with ConnectOne Bancorp, which has a P/E of 14.76. Notably, the PEG ratio of 0.85 suggests that the stock may still offer growth potential relative to its earnings. Recent stock performance shows that Amalgamated has outperformed the S&P 500 over the past year, with a return of 23.55% compared to the index's 10.26%, reinforcing its fair valuation amidst market conditions.