Amalgamated Financial Corp. AMAL Cumulative change due to adoption of ASU No. 2016-13
Cumulative change due to adoption of ASU No. 2016-13 at other companies
Other financials
Where this comes from
Reported directly by Amalgamated Financial Corp. in its filing.
Tagged under the XBRL concept amal:CumulativeEffectOfAccountingStandardUpdateAdoption.
The official record: Amalgamated Financial Corp.’s 10-K, filed March 5, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Amalgamated Financial Corp.'s cumulative change due to adoption of ASU no. 2016-13?
- Amalgamated Financial Corp. (AMAL) reported cumulative change due to adoption of ASU no. 2016-13 of $0 in Q4 2025.
- What does cumulative change due to adoption of ASU no. 2016-13 mean?
- This metric represents the one-time adjustment to retained earnings or other equity accounts resulting from the initial adoption of specific accounting standards, such as the Current Expected Credit Losses (CECL) framework. It captures the transition impact of changing how financial instruments are measured and how credit losses are estimated. Investors monitor this to understand the non-operational impact of regulatory accounting shifts on the bank's capital position and balance sheet strength.