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Amerant Bancorp Inc. (AMTB)

Stock Price: $14.27 USD -0.05 (-0.35%)
Updated Jul 2, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 601.70M
Revenue (ttm) 255.34M
Net Income (ttm) 41.65M
Shares Out 28.88M
EPS (ttm) 0.98
PE Ratio 14.56
Forward PE 71.43
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Jul 2, 2020
Last Price $14.27
Previous Close $14.32
Change ($) -0.05
Change (%) -0.35%
Day's Open 14.75
Day's Range 13.84 - 14.75
Day's Volume 22,294
52-Week Range 10.05 - 23.59

More Stats

Market Cap 601.70M
Enterprise Value 1.66B
Earnings Date (est) Jul 24, 2020
Ex-Dividend Date n/a
Shares Outstanding 28.88M
Float 30.09M
EPS (basic) 0.98
EPS (diluted) 0.98
FCF / Share 1.43
Dividend n/a
Dividend Yield n/a
Earnings Yield 6.87%
FCF Yield 10.06%
Payout Ratio n/a
Shares Short 270,662
Short Ratio 4.46
Short % of Float 1.34%
Beta n/a
PE Ratio 14.56
Forward PE 71.43
P/FCF Ratio 9.94
PS Ratio 2.36
PB Ratio 0.75
Revenue 255.34M
Operating Income 51.66M
Net Income 41.65M
Free Cash Flow 60.53M
Net Cash -1.06B
Net Cash / Share -25.09
Gross Margin 107.40%
Operating Margin 20.23%
Profit Margin 16.40%
FCF Margin 23.71%
ROA 0.52%
ROE 5.14%
ROIC 0.60%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (4)

Buy 0
Overweight 0
Hold 4
Underweight 0
Sell 0

Analyst Consensus: Hold

Price Target

$16.67*
(16.82% upside)
Low
15.0
Current: 14.27
High
20.0
Target: 16.67
*Average 12-month price target from 3 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 & Equivalents12185.711531350.00
Total Debt1,3271,2841,2911,099-
Net Cash / Debt-1,206-1,198-1,138-9640.00
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
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: AMTB

Description

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 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.