Amalgamated Bank Announces Virtual Participation at Barclays Global Financial Services Conference

Rhea-AI Summary

Amalgamated Bank (Nasdaq: AMAL) will participate in a fireside chat at the Barclays Global Financial Services Conference on September 14, 2020, at 1:15 p.m. ET. CEO Keith Mestrich and CFO Drew LaBenne will speak, with a live webcast available on the bank's Investor Relations website. The bank, founded in 1923, operates 11 branches across New York City, Washington D.C., and San Francisco, providing a range of commercial banking and trust services. As of June 30, 2020, it reported total assets of $6.5 billion and total deposits of $5.9 billion.

Positive

• Announced participation in a significant financial conference, signaling engagement with investors.
• Strong financial metrics reported as of June 30, 2020: total assets of $6.5 billion, total loans of $3.6 billion, and total deposits of $5.9 billion.

Negative

• None.

NEW YORK, Sept. 10, 2020 (GLOBE NEWSWIRE) -- Amalgamated Bank (Nasdaq: AMAL) (“Amalgamated”) today announced that Keith Mestrich, President and Chief Executive Officer, and Drew LaBenne, Chief Financial Officer, will participate in a fireside chat at the Barclays Global Financial Services Conference at 1:15 p.m. Eastern Time on Monday, September 14, 2020. 

A live webcast and replay of the presentation will be available through Amalgamated’s Investor Relations website at https://ir.amalgamatedbank.com/. Management will also be available for one-on-one and small group meetings with investors.

About Amalgamated Bank 

Amalgamated Bank is a New York-based full-service commercial bank and a chartered trust company with a combined network of 11 branches in New York City, Washington D.C., and San Francisco. Amalgamated was formed in 1923 as Amalgamated Bank of New York by the Amalgamated Clothing Workers of America, one of the country's oldest labor unions. Amalgamated provides commercial banking and trust services nationally and offers a full range of products and services to both commercial and retail customers. Amalgamated is a proud member of the Global Alliance for Banking on Values and is a certified B Corporation®. As of June 30, 2020, total assets were $6.5 billion, total net loans were $3.6 billion, and total deposits were $5.9 billion. Additionally, as of June 30, 2020, the trust business held $32.0 billion in assets under custody and $13.3 billion in assets under management.

Media Contact:
Kylie McKenna
The Levinson Group
kmckenna@mollylevinson.com
202-244-1785

Investor Contact:
Jamie Lillis
Solebury Trout
shareholderrelations@amalgamatedbank.com
800-895-4172

 

FAQ

When will Amalgamated Bank present at the Barclays Global Financial Services Conference?

Amalgamated Bank will present at the Barclays Global Financial Services Conference on September 14, 2020, at 1:15 p.m. ET.

Who will represent Amalgamated Bank at the Barclays conference?

CEO Keith Mestrich and CFO Drew LaBenne will represent Amalgamated Bank at the conference.

How can I watch the Amalgamated Bank presentation live?

The presentation will be available as a live webcast on Amalgamated Bank's Investor Relations website.

What are the financials of Amalgamated Bank as of June 30, 2020?

As of June 30, 2020, Amalgamated Bank reported total assets of $6.5 billion, total net loans of $3.6 billion, and total deposits of $5.9 billion.