Amerant Bancorp Inc.

Amerant Bancorp Inc.

AMTB · NYSE · Financial Services / Banks - Regional

30.33USD-0.09 (-0.30%)

Price History

Full chart

Market Stats

Previous Close30.42
Open30.51
Day Range29.57 – 30.56
52-Week Range15.37 – 30.51
Volume304.20K
Market Cap1.16B
P/E (TTM)21.12
Forward P/E11.45
EPS1.40
Dividend Yield1.23%
Beta0.83
50-Day Avg28.79
200-Day Avg23.96

About

Amerant Bancorp Inc. operates as the bank holding company for Amerant Bank, N.A. that provides banking products and services to individuals and businesses in the United States. The company offers checking, savings, business, and money market accounts; cash management services; and certificates of deposit. It also provides variable and fixed rate commercial real estate loans; owner-occupied; single-family residential; commercial; and Loans to financial institutions and acceptances, and consumer loans and overdrafts, such as automobile, personal, or loans secured by cash or securities and revolving credit card agreements. In addition, the company offers trust and estate planning products and services to high net worth customers; brokerage and investment advisory services in global capital markets; retail banking; mortgage; and wealth management and fiduciary services. Further, the company provides debit and credit cards, night depositories, direct deposits, cashier's checks, safe deposit boxes, letters of credit, wire transfer, remote deposit capture, and automated clearinghouse services; derivative instruments; and online and mobile banking, account balances, statements and other documents, online transfers and bill payment, and electronic delivery of customer statements services, as well as automated teller machines ATM, and banking by mobile devices, telephone, and mail. It also operates banking centers. The company was formerly known as Mercantil Bank Holding Corporation and changed its name to Amerant Bancorp Inc. in June 2019. Amerant Bancorp Inc. was founded in 1979 and is headquartered in Coral Gables, Florida.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Carlos Iafigliola
  • Employees704
  • Headquarters220 Alhambra Circle, Coral Gables, FL, United States, 33134, USA
  • Websitehttps://www.amerantbank.com

Leadership

  • Mr. Carlos IafigliolaPresident, CEO & Director · b. 1977
  • Ms. Sharymar Calderon Yepez CPASenior EVP & CFO · b. 1988
  • Ms. Mariola SanchezSenior EVP & Chief Administrative Officer · b. 1973
  • Mr. Alberto Manuel Capriles SantanderSenior Risk Advisor · b. 1968
  • Mr. Adrian RodriguezExecutive VP & COO · b. 1984
  • Mr. Armando D. FleitasExecutive VP & Chief Accounting Officer · b. 1977
  • Ms. Laura RossiEVP, Head of Investor Relations & Strategy
  • Mr. Julio V. PenaExecutive VP, Associate General Counsel & Corporate Secretary
  • Mr. Thiel FischerExecutive VP & Chief Credit Officer
  • Mr. Sterling HarrellMarker President of County

Financials

Income Statement

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue262.95M300.38M344.81M362.35M370.97M333.77M307.75M387.07M551.02M574.92M655.25M
Growth (%)-+14.23%+14.79%+5.09%+2.38%-10.03%-7.79%+25.77%+42.36%+4.34%+13.97%
Cost of Revenue47.13M69.00M60.12M90.69M96.74M159.62M26.20M86.06M283.39M330.09M279.34M
Gross Profit215.82M231.38M284.69M271.66M274.23M174.15M281.55M301.01M267.63M244.83M375.91M
Gross Margin82.08%77.03%82.56%74.97%73.92%52.18%91.49%77.77%48.57%42.59%57.37%
Operating Expense192.26M197.59M207.64M214.09M210.20M178.48M137.53M222.43M226.30M268.92M309.76M
Operating Income23.56M33.79M77.05M57.57M64.03M-4.33M144.02M78.58M41.33M-24.08M66.14M
Operating Margin8.96%11.25%22.35%15.89%17.26%-1.30%46.80%20.30%7.50%-4.19%10.09%
EBITDA31.94M42.92M86.09M66.11M71.13M5.05M151.29M84.47M48.17M-17.48M70.77M
EBITDA Margin12.15%14.29%24.97%18.24%19.17%1.51%49.16%21.82%8.74%-3.04%10.80%
Net Income15.04M23.58M43.06M45.83M51.33M-1.72M112.92M63.31M32.49M-15.75M52.42M
Net Income Margin5.72%7.85%12.49%12.65%13.84%-0.52%36.69%16.36%5.90%-2.74%8.00%
R&D---0-------
R&D as % of Total Revenue---0.00%-------
Interest Expense35.91M46.89M63.61M90.32M99.89M71.00M42.70M72.11M222.12M269.63M236.74M
Interest Expense % of Total Revenue13.66%15.61%18.45%24.93%26.93%21.27%13.88%18.63%40.31%46.90%36.13%

Balance Sheet

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-8.43B8.44B8.12B7.99B7.77B7.64B9.13B9.72B9.90B9.78B
Total Liabilities-7.73B7.68B7.38B7.14B7.19B6.74B8.42B8.71B9.01B8.84B
Total Equity-704.74M753.45M747.42M844.92M577.58M901.22M705.73M1.00B890.47M938.80M
Cash-134.99M153.44M85.71M121.32M214.39M274.21M248.44M296.02M565.99M470.15M
Total Debt-1.10B1.29B1.28B1.33B1.41B932.65M1.20B921.33M1.00B1.04B
Net Debt-964.12M1.14B1.20B1.21B958.37M658.44M950.86M625.30M438.72M570.71M

Cash Flow

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow63.63M75.27M73.28M62.16M78.39M57.25M67.43M-49.16M26.72M82.19M100.50M
Investing Cash Flow-372.89M-322.23M7.57M206.51M205.84M286.34M385.32M-1.40B-606.62M-576.66M-501.10M
Financing Cash Flow258.71M243.67M-62.39M-336.40M-248.62M-250.52M-392.93M1.46B611.17M762.96M441.10M
Capital Expenditure15.03M8.54M8.61M10.04M14.26M5.57M6.58M10.63M10.93M7.40M2.53M
Free Cash Flow48.61M66.73M64.68M52.12M64.13M51.67M60.85M-59.79M15.79M74.79M97.96M
Dividends Paid-0-40.00M1.51B12.23M12.23M12.23M12.06M12.82M11.40M
FCF to OCF76.38%88.66%88.26%83.84%81.81%90.26%90.25%121.62%59.08%91.00%97.48%
Dividend Paid to FCF-0.00%-76.75%2357.35%23.67%20.10%-20.46%76.41%17.14%11.64%

Earnings

Report DateSep 21, 2018Nov 13, 2018Jan 29, 2019Apr 26, 2019Jul 26, 2019Oct 29, 2019Jan 30, 2020Apr 28, 2020Jul 24, 2020Oct 29, 2020Jan 29, 2021Apr 28, 2021Jul 21, 2021Oct 20, 2021Jan 19, 2022Apr 20, 2022Jul 20, 2022Oct 20, 2022Jan 19, 2023Apr 20, 2023Jul 20, 2023Oct 19, 2023Jan 24, 2024Apr 24, 2024Jul 24, 2024Oct 23, 2024Jan 22, 2025Apr 23, 2025Jul 23, 2025Oct 28, 2025Jan 22, 2026Apr 23, 2026Jul 23, 2026Oct 27, 2026
EPS Estimate0.00-0.310.300.310.300.220.17-0.240.060.130.240.380.390.400.420.460.530.680.690.210.590.440.380.35-1.520.330.400.390.530.360.440.410.57
EPS Actual0.411.220.470.320.350.300.260.09-0.340.080.270.390.460.470.520.630.450.630.400.590.240.640.460.320.28-1.430.500.240.570.390.530.440.53-
Surprise--51.61%6.67%12.90%0.00%18.18%-47.06%-41.67%33.33%107.69%62.50%21.05%20.51%30.00%50.00%-2.17%18.87%-41.18%-14.49%14.29%8.47%4.55%-15.79%-20.00%5.92%51.52%-40.00%46.15%-26.42%47.22%0.00%29.27%-
TimingAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap1.16B
Enterprise Value1.78B
Trailing P/E21.12
Forward P/E11.45
Price / Sales2.96
Price / Book1.23
EPS1.40
Book Value23.34
Revenue (TTM)391.30M
Gross Profit (TTM)391.30M
Profit Margin14.41%
Operating Margin31.68%
Return on Equity6.13%
Return on Assets0.55%
Shares Outstanding39.19M
Shares Float35.25M
Beta0.83
Dividend Yield1.23%
Dividend Rate0.36
Payout Ratio19.05%

Analyst Ratings

Buy
Based on 5 analystsTarget 31.88
  • Strong Buy
    1
  • Buy
    1
  • Hold
    3

Ownership Breakdown

Institutions
71.66%
Insiders
3.42%
Retail / Other
24.92%

Top Institutional Holders

  • Wellington Management Company LLP
    5.39M13.76%
  • BlackRock Inc
    2.80M7.14%
  • Patriot Financial Partners GP II, LP
    2.01M5.12%
  • Vanguard Capital Management, LLC
    1.77M4.52%
  • Dimensional Fund Advisors, Inc.
    1.57M3.99%
  • North Reef Capital Management LP
    1.16M2.96%
  • State Street Corp
    1.14M2.90%
  • Geode Capital Management, LLC
    915.70K2.34%
  • UBS Group AG
    875.72K2.23%
  • American Century Companies Inc
    846.44K2.16%
  • Two Sigma Investments LLC
    700.53K1.79%
  • Basswood Capital Management LLC
    497.16K1.27%
  • Hotchkis & Wiley Capital Management LLC
    470.68K1.20%
  • Maltese Capital Management LLC
    420.00K1.07%
  • Vanguard Portfolio Management, LLC
    418.55K1.07%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    1.18M3.01%
  • iShares Russell 2000 ETF
    838.73K2.14%
  • Avantis US Small Cap Value ETF
    832.46K2.12%
  • DFA US Small Cap Value I
    413.99K1.06%
  • Fidelity Small Cap Index
    371.63K0.95%

Dividends

20264×
0.09Nov 13, 20260.09Aug 14, 20260.09May 15, 20260.09Feb 13, 2026
20254×
0.09Nov 14, 20250.09Aug 15, 20250.09May 15, 20250.09Feb 14, 2025
20244×
0.09Nov 14, 20240.09Aug 15, 20240.09May 14, 20240.09Feb 13, 2024
20234×
0.09Nov 13, 20230.09Aug 14, 20230.09May 12, 20230.09Feb 10, 2023
20224×
0.09Nov 14, 20220.09Aug 16, 20220.09May 12, 20220.09Feb 10, 2022
20211×
0.06Dec 21, 2021

Stock Splits

  • Oct 24, 20181:3