Amerant Bancorp Inc. (AMTB)

NYSE: AMTB · IEX Real-Time Price · USD
21.89
+1.18 (5.70%)
Dec 1, 2023, 4:00 PM EST - Market closed
5.70%
Market Cap 738.49M
Revenue (ttm) 349.49M
Net Income (ttm) 68.38M
Shares Out 33.74M
EPS (ttm) 2.03
PE Ratio 10.78
Forward PE 11.09
Dividend $0.36 (1.65%)
Ex-Dividend Date Nov 13, 2023
Volume 91,000
Open 20.54
Previous Close 20.71
Day's Range 20.54 - 22.03
52-Week Range 15.79 - 30.13
Beta 1.00
Analysts Buy
Price Target 25.50 (+16.49%)
Earnings Date Jan 18, 2024

About AMTB

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 checking, savings, business, and money market accounts; cash management services; and certificates of deposits. The company also provides variable and fixed rate commercial real estate loans; and consumer loans and overdrafts, such as automobile, personal, or loans secured by cash or securities and revolving credit card agreements. In additi... [Read more]

Sector Financials
Founded 1979
Employees 700
Stock Exchange NYSE
Ticker Symbol AMTB
Full Company Profile

Financial Performance

In 2022, AMTB's revenue was $320.00 million, a decrease of -6.51% compared to the previous year's $342.26 million. Earnings were $63.31 million, a decrease of -43.93%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for AMTB stock is "Buy." The 12-month stock price forecast is $25.5, which is an increase of 16.49% from the latest price.

Price Target
$25.5
(16.49% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Amerant Reports Third Quarter 2023 Results

Board of Directors Declares Quarterly Cash Dividend of $0.09 per Common Share Board of Directors Declares Quarterly Cash Dividend of $0.09 per Common Share

6 weeks ago - GlobeNewsWire

Amerant Bancorp Inc. Declares Dividend

CORAL GABLES, Fla., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NYSE: AMTB) (the “Company” or “Amerant”) today announced that, on October 18, 2023, the Company's Board of Directors declare...

6 weeks ago - GlobeNewsWire

Amerant Bancorp Inc. Announces Date Correction on Third Quarter 2023 Conference Call

CORAL GABLES, Fla., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NYSE: AMTB) (the “Company”), issues a correction of the press release that was sent out at 4:00PM ET on September 29, 2023....

2 months ago - GlobeNewsWire

Amerant Bancorp Inc. to Announce Third Quarter 2023 Financial Results and Host Conference Call

CORAL GABLES, Fla., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NYSE: AMTB) (the “Company”), today announced it will release third quarter 2023 earnings results on Thursday, October 19, 2...

2 months ago - GlobeNewsWire

Amerant Bank Ranked on Newsweek's List of the Top 100 Most Loved Workplaces® for 2023 for the Second Year

Amerant Bank moves up the ranking to number 48 among 100 U.S. companies recognized for outstanding employee sentiment and satisfaction Amerant Bank moves up the ranking to number 48 among 100 U.S. com...

2 months ago - GlobeNewsWire

Florida Panthers Announce Arena Naming Rights Agreement with Amerant Bank

Broward County Premier Hockey & Entertainment Venue Becomes Amerant Bank Arena Broward County Premier Hockey & Entertainment Venue Becomes Amerant Bank Arena

2 months ago - GlobeNewsWire

Amerant Bank Announces New Broward County Regional Headquarters

Bank commits to office lease at Cornerstone One office building in Plantation, FL, furthering Amerant's reach across the whole of Southern Florida Bank commits to office lease at Cornerstone One offic...

3 months ago - GlobeNewsWire

Amerant Bancorp Announces Transfer of Listing of Common Stock to the New York Stock Exchange

CORAL GABLES, Fla., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB) (the “Company” or “Amerant”) announced today that it is transferring the listing of its common stock to the Ne...

4 months ago - GlobeNewsWire

Amerant Reports Second Quarter 2023 Results

Board of Directors Declares Quarterly Cash Dividend of $0.09 per Common Share Board of Directors Declares Quarterly Cash Dividend of $0.09 per Common Share

4 months ago - GlobeNewsWire

Amerant Bancorp Inc. to Announce Second Quarter 2023 Financial Results And Host Conference Call

CORAL GABLES, Fla., July 05, 2023 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB) (the “Company”), today announced it will release second quarter 2023 earnings results on Thursday, July 20, 20...

5 months ago - GlobeNewsWire

AMERANT BANK PARTNERS WITH OVERTOWN YOUTH CENTER

Collaboration aims to amplify financial literacy in South Florida's underserved communities Collaboration aims to amplify financial literacy in South Florida's underserved communities

5 months ago - GlobeNewsWire

AMERANT BANK NAMED THE OFFICIAL BANK OF RICE UNIVERSITY ATHLETICS

Comprehensive partnership includes co-branded affinity cards and other prominent branding opportunities Comprehensive partnership includes co-branded affinity cards and other prominent branding opport...

6 months ago - GlobeNewsWire

KBRA Affirms Ratings for Amerant Bancorp Inc.

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA affirms the senior unsecured debt rating of BBB- and the short-term debt rating of K3 for Coral Gables, Florida-based Amerant Bancorp Inc. (NASDAQ: AMTB) (“the ...

7 months ago - Business Wire

Amerant Bancorp Inc. Appoints Sharymar Calderón as Chief Financial Officer

Promotion demonstrates the strength of hiring and development underway at Amerant Promotion demonstrates the strength of hiring and development underway at Amerant

7 months ago - GlobeNewsWire

Amerant Reports First Quarter 2023 Results

Board of Directors Declares Quarterly Cash Dividend of $0.09 per Common Share Board of Directors Declares Quarterly Cash Dividend of $0.09 per Common Share

8 months ago - GlobeNewsWire

Amerant Bank Names Caroline Vérot Moore Houston Market President

Houston, April 18, 2023 (GLOBE NEWSWIRE) -- Amerant Bank, one of the nation's largest community banks, with a growing presence in Houston, Texas, has appointed Caroline Vérot Moore as EVP, Houston Mar...

8 months ago - GlobeNewsWire

Amerant Bank Appoints Juan Esterripa as Head of Commercial Banking

Highly respected industry veteran brings significant experience in corporate banking and business development Highly respected industry veteran brings significant experience in corporate banking and b...

8 months ago - GlobeNewsWire

Amerant Bancorp Names Ashaki Rucker to its Board of Directors

CORAL GABLES, Fla., April 05, 2023 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB) (the “Company” or “Amerant”) and its subsidiary, Amerant Bank, the largest community bank headquartered in Fl...

8 months ago - GlobeNewsWire

Amerant Bank Receives U.S. Small Business Administration's Export Lender of the Year Award

Award recognizes top lenders that are committed to increasing access to capital for small businesses entering the global marketplace Award recognizes top lenders that are committed to increasing acces...

8 months ago - GlobeNewsWire

Amerant Bancorp Inc. to Announce First Quarter 2023 Financial Results and Host Conference Call

CORAL GABLES, Fla., March 31, 2023 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB) (the “Company”), today announced it will release first quarter 2023 earnings results on Thursday, April 20, 2...

8 months ago - GlobeNewsWire

Amerant Investments Appoints Baylor Lancaster-Samuel as Chief Investment Officer

Finance veteran to enhance Amerant Bank's investment research efforts Finance veteran to enhance Amerant Bank's investment research efforts

8 months ago - GlobeNewsWire

Amerant Receives ‘Outstanding' Ratings for the 20th Consecutive Year in its Community Reinvestment Act (CRA) Evaluation by the OCC

For more than two decades the bank has earned outstanding performance results in its evaluation by the Office of the Comptroller of the Currency (OCC) For more than two decades the bank has earned out...

9 months ago - GlobeNewsWire

Amerant Mortgage Grows its National Footprint with the Addition of a Midwest Hub

Coral Gables, FL, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Amerant Mortgage, LLC, a subsidiary of Amerant Bank, the largest community bank headquartered in Florida, and F&B Financial Group, a residential mor...

10 months ago - GlobeNewsWire

Amerant Reports Fourth Quarter 2022 and Full-Year 2022 Results

Board of Directors Declares Cash Dividend of $0.09 per Common Share Board of Directors Declares Cash Dividend of $0.09 per Common Share

11 months ago - GlobeNewsWire

Amerant Bancorp Inc. to Announce Fourth Quarter 2022 Financial Results and Host Conference Call

CORAL GABLES, Fla., Dec. 28, 2022 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB) (the “Company”), today announced it will release fourth quarter 2022 earnings results on Thursday, January 19t...

1 year ago - GlobeNewsWire