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Amerant Bancorp Inc. (AMTB)

Class A Shares
Stock Price: $10.21 USD -0.05 (-0.49%)
Updated Oct 28, 2020 10:01 AM EDT - Market open

Stock Price Chart

Key Info

Market Cap 430.45M
Revenue (ttm) 202.06M
Net Income (ttm) 13.51M
Shares Out 28.87M
EPS (ttm) 0.32
PE Ratio 31.91
Forward PE 29.41
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Oct 28, 2020
Last Price $10.21
Previous Close $10.26
Change ($) -0.05
Change (%) -0.49%
Day's Open 10.06
Day's Range 10.21 - 10.44
Day's Volume 2,241
52-Week Range 9.17 - 23.59

More Stats

Market Cap 430.45M
Enterprise Value 1.39B
Earnings Date (est) Oct 29, 2020
Ex-Dividend Date n/a
Shares Outstanding 28.87M
Float 20.27M
EPS (basic) 0.31
EPS (diluted) 0.32
FCF / Share 1.52
Dividend n/a
Dividend Yield n/a
Earnings Yield 3.13%
FCF Yield 14.85%
Payout Ratio n/a
Shares Short 286,797
Short Ratio 6.27
Short % of Float 1.41%
Beta 1.01
PE Ratio 31.91
Forward PE 29.41
P/FCF Ratio 6.73
PS Ratio 2.13
PB Ratio 0.57
Revenue 202.06M
Operating Income 15.99M
Net Income 13.51M
Free Cash Flow 63.92M
Net Cash -955.25M
Net Cash / Share -22.66
Gross Margin 134.71%
Operating Margin 7.91%
Profit Margin 6.70%
FCF Margin 31.64%
ROA 0.17%
ROE 1.65%
ROIC 0.20%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (5)

Buy 0
Overweight 0
Hold 5
Underweight 0
Sell 0

Analyst Consensus: Hold

Price Target

$14.12*
(38.30% upside)
Low
11.0
Current: $10.21
High
17.0
Target: 14.12
*Average 12-month price target from 4 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year20192018201720162015
Revenue273273285232216
Revenue Growth0.3%-4.27%22.66%7.54%-
Gross Profit273273285232216
Operating Income64.0357.5777.0533.7923.56
Net Income51.3345.8343.0623.5815.05
Shares Outstanding43.2142.4942.4942.4942.49
Earnings Per Share1.201.081.010.550.36
EPS Growth11.11%6.93%83.64%52.78%-
Operating Cash Flow78.3962.1673.2875.2763.63
Capital Expenditures-9.09-9.1322.13-0.38-9.89
Free Cash Flow69.3053.0395.4174.8953.74
Cash & Equivalents12185.71153135-
Total Debt1,3271,2841,2911,099-
Net Cash / Debt-1,206-1,198-1,138-964-
Assets7,9858,1248,4378,434-
Liabilities7,1517,3777,6837,730-
Book Value835747753705-
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Amerant Bancorp Inc.
Country United States
Employees 825
CEO Millar Wilson

Stock Information

Ticker Symbol AMTB
Stock Exchange NASDAQ
Share Class Class A Shares
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: AMTB

Description

Amerant Bancorp 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 and internationally. It offers a range of checking and savings accounts, certificates of deposit, and money market accounts. The company also provides variable and fixed rate commercial real estate loans; loans secured by owner-occupied properties; loans to domestic and foreign individuals primarily secured by personal residence; working capital loans, asset-based lending, participations in shared national credits, purchased receivables, and small business administration loans; loans to financial institutions and acceptances; and consumer loans and overdrafts. In addition, it offers trust and estate planning products and services, brokerage and investment advisory services in global capital markets, and wealth management and fiduciary services. Further, the company provides debit and credit cards; remote deposit capture, online and mobile banking, night depository, direct deposit, and treasury management services; and cashier's checks, safe deposit boxes, and letters of credit, as well as automated teller machines. As of April 10, 2020, it operated 27 banking centers comprising 19 in South Florida and 8 in Houston, Texas, as well as loan production offices in Dallas, Texas, and New York. 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.