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Amalgamated Financial Corp. AMAL Data processing and equipment
Data processing and equipment at other companies
Other financials
Where this comes from
Reported directly by Amalgamated Financial Corp. in its filing.
Tagged under the XBRL concept us-gaap:InformationTechnologyAndDataProcessing.
The source filing: Amalgamated Financial Corp.’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 8:47 AM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001823608-26-000113
| Line item | Three Months Ended March 31, 2026 | Three Months Ended March 31, 2025 |
|---|---|---|
| Compensation and employee benefits | 25,750 | 23,314 |
| Occupancy and depreciation | 4,155 | 3,293 |
| Professional fees | 3,736 | 4,739 |
| Technology | 6,618 | 5,619 |
| Office maintenance and depreciation | 550 | 629 |
| Amortization of intangible assets | 105 | 144 |
| Advertising and promotion | 605 | 51 |
| Federal deposit insurance premiums | 1,005 | 900 |
ITEM 5. Other Information [69](#iaf85e3db484d4dcda3464a22e026c828_133)
FAQ
- What is Amalgamated Financial Corp.'s data processing and equipment?
- Amalgamated Financial Corp. (AMAL) reported data processing and equipment of $6.62M in Q1 2026.
- How has Amalgamated Financial Corp.'s data processing and equipment changed year-over-year?
- Amalgamated Financial Corp.'s data processing and equipment increased by 17.8% year-over-year, from $5.62M to $6.62M.
- What is the long-term trend for Amalgamated Financial Corp.'s data processing and equipment?
- Over 4 years (2021 to 2025), Amalgamated Financial Corp.'s data processing and equipment has grown at a 10.7% compound annual growth rate (CAGR), from $16.04M to $24.08M.
- What does data processing and equipment mean?
- This metric aggregates all costs associated with maintaining the bank's digital infrastructure, software licensing, and data processing capabilities. It serves as a key indicator of the institution's investment in modernization, cybersecurity, and digital banking efficiency. Higher spending often correlates with digital transformation initiatives intended to improve long-term operational scalability.
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