AMAL vs. BCSF

Last updated Apr 1, 2026

Compare and contrast key facts about Amalgamated Financial Corp. (AMAL) and Bain Capital Specialty Finance, Inc. (BCSF).

Performance

AMAL vs. BCSF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amalgamated Financial Corp. (AMAL) and Bain Capital Specialty Finance, Inc. (BCSF). The values are adjusted to include any dividend payments, if applicable.

AMAL vs. BCSF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
AMAL Amalgamated Financial Corp.	21.87%	-2.50%	26.32%	19.44%	39.78%	24.43%	-27.56%	1.22%	-1.61%
BCSF Bain Capital Specialty Finance, Inc.	-7.71%	-9.60%	29.52%	41.95%	-13.31%	36.98%	-28.91%	28.19%	-4.60%

Fundamentals

Market Cap AMAL : $1.18B BCSF : $803.78M
EPS AMAL : $3.43 BCSF : $1.87K
PE Ratio AMAL : 11.34 BCSF : 0.01
PEG Ratio AMAL : 0.54 BCSF : 0.01
PS Ratio AMAL : 2.60 BCSF : 0.00
PB Ratio AMAL : 1.48 BCSF : 0.00
Total Revenue (TTM) AMAL : $455.03M BCSF : $217.36B
Gross Profit (TTM) AMAL : $319.80M BCSF : $0.00
EBITDA (TTM) AMAL : $144.97M BCSF : $0.00

Returns By Period

In the year-to-date period, AMAL achieves a 21.87% return, which is significantly higher than BCSF's -7.71% return.

AMAL

• 1D: 1.65%
• 1M: 0.99%
• YTD: 21.87%
• 6M: 44.51%
• 1Y: 37.79%
• 3Y*: 32.47%
• 5Y*: 20.13%
• 10Y*: —

BCSF

• 1D: 1.31%
• 1M: -0.56%
• YTD: -7.71%
• 6M: -5.98%
• 1Y: -14.33%
• 3Y*: 14.05%
• 5Y*: 7.63%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

AMAL vs. BCSF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMAL

AMAL Risk / Return Rank: 74
AMAL Sharpe Ratio Rank: 79
AMAL Sortino Ratio Rank: 74
AMAL Omega Ratio Rank: 71
AMAL Calmar Ratio Rank: 73
AMAL Martin Ratio Rank: 72

BCSF

BCSF Risk / Return Rank: 15
BCSF Sharpe Ratio Rank: 17
BCSF Sortino Ratio Rank: 17
BCSF Omega Ratio Rank: 18
BCSF Calmar Ratio Rank: 12
BCSF Martin Ratio Rank: 10

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMAL vs. BCSF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amalgamated Financial Corp. (AMAL) and Bain Capital Specialty Finance, Inc. (BCSF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AMAL	BCSF	Difference
Sharpe ratio Return per unit of total volatility	1.19	-0.56	+1.75
Sortino ratio Return per unit of downside risk	1.77	-0.64	+2.41
Omega ratio Gain probability vs. loss probability	1.22	0.92	+0.30
Calmar ratio Return relative to maximum drawdown	1.56	-0.82	+2.38
Martin ratio Return relative to average drawdown	3.64	-1.53	+5.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AMAL vs. BCSF - Sharpe Ratio Comparison

The current AMAL Sharpe Ratio is 1.19, which is higher than the BCSF Sharpe Ratio of -0.56. The chart below compares the historical Sharpe Ratios of AMAL and BCSF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AMAL	BCSF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.19	-0.56	+1.75
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	0.38	+0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.21	+0.14

Correlation

The correlation between AMAL and BCSF is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

AMAL vs. BCSF - Dividend Comparison

AMAL's dividend yield for the trailing twelve months is around 1.52%, less than BCSF's 15.48% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AMAL Amalgamated Financial Corp.	1.52%	1.75%	1.37%	1.48%	1.56%	1.91%	2.33%	1.34%	0.31%
BCSF Bain Capital Specialty Finance, Inc.	15.48%	14.02%	10.27%	10.62%	11.60%	8.94%	11.73%	8.30%	2.44%

Drawdowns

AMAL vs. BCSF - Drawdown Comparison

The maximum AMAL drawdown since its inception was -62.93%, roughly equal to the maximum BCSF drawdown of -62.42%. Use the drawdown chart below to compare losses from any high point for AMAL and BCSF.

Drawdown Indicators

	AMAL	BCSF	Difference
Max Drawdown Largest peak-to-trough decline	-62.93%	-62.42%	-0.51%
Max Drawdown (1Y) Largest decline over 1 year	-24.41%	-18.06%	-6.35%
Max Drawdown (5Y) Largest decline over 5 years	-46.88%	-26.38%	-20.50%
Current Drawdown Current decline from peak	-7.25%	-23.35%	+16.10%
Average Drawdown Average peak-to-trough decline	-20.34%	-12.13%	-8.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.45%	9.76%	+0.69%

Volatility

AMAL vs. BCSF - Volatility Comparison

The current volatility for Amalgamated Financial Corp. (AMAL) is 5.58%, while Bain Capital Specialty Finance, Inc. (BCSF) has a volatility of 7.25%. This indicates that AMAL experiences smaller price fluctuations and is considered to be less risky than BCSF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMAL	BCSF	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.58%	7.25%	-1.67%
Volatility (6M) Calculated over the trailing 6-month period	22.47%	17.11%	+5.36%
Volatility (1Y) Calculated over the trailing 1-year period	31.92%	25.74%	+6.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.82%	20.07%	+13.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.24%	31.20%	+9.04%

Financials

AMAL vs. BCSF - Profitability Comparison

The chart below illustrates the profitability comparison between Amalgamated Financial Corp. and Bain Capital Specialty Finance, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

AMAL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Amalgamated Financial Corp. reported a gross profit of 85.20M and revenue of 115.20M. Therefore, the gross margin over that period was 74.0%.

BCSF - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Bain Capital Specialty Finance, Inc. reported a gross profit of -83.07M and revenue of 217.22B. Therefore, the gross margin over that period was -0.0%.

AMAL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Amalgamated Financial Corp. reported an operating income of 33.27M and revenue of 115.20M, resulting in an operating margin of 28.9%.

BCSF - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Bain Capital Specialty Finance, Inc. reported an operating income of -73.93M and revenue of 217.22B, resulting in an operating margin of -0.0%.

AMAL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Amalgamated Financial Corp. reported a net income of 26.64M and revenue of 115.20M, resulting in a net margin of 23.1%.

BCSF - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Bain Capital Specialty Finance, Inc. reported a net income of 121.53B and revenue of 217.22B, resulting in a net margin of 56.0%.