Amalgamated Bank: how it compares with its peers
Against 18 NY banks with half to twice its assets, Amalgamated Bank's strongest measure in Q2 2026 is return on assets (1.34% vs. a 0.98% peer median). Its weakest relative measure is efficiency ratio (47.54% vs. 53.96%).
| Measure | Amalgamated Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.34% | 0.98% | Top third Ahead of 89% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.78% | 2.88% | Top third Ahead of 83% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 47.54% | 53.96% | Top third Ahead of 78% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $20.3M | $12.5M | Top third Ahead of 79% of peers |
| Loans to deposits Net loans and leases over total deposits. | 59.88% | 88.67% | Context |
What it means for lending operations
Its efficiency ratio of 47.54% is better than the 53.96% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- Metropolitan Commercial Bank New York, NY · $8.86B
- Tompkins Bank & Trust Ithaca, NY · $8.79B
- Bank Hapoalim B.M. New York, NY · $11.04B
- Ridgewood Savings Bank Ridgewood, NY · $7.55B
- Bank of India New York, NY · $7.42B
Questions about Amalgamated Bank
How big is Amalgamated Bank?
Amalgamated Bank, established in 1923, is headquartered in New York, NY. It reported $9.41B in total assets in its Q2 2026 FDIC call report and operates 6 offices.
What is Amalgamated Bank's return on assets?
1.34% annualized in Q2 2026, against a 0.98% median for 18 NY banks with half to twice its assets, ahead of 89% of them.
What is Amalgamated Bank's efficiency ratio?
47.54% in Q2 2026: it spent about 48 cents in noninterest expense for each dollar of revenue. The peer median is 53.96%, and lower is better.
Is Amalgamated Bank growing its loans?
Net loans grew 9.1% over the year to Q2 2026, while deposits grew 9.3%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are NY banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every New York bank ranked.