Amerant Bancorp Inc. (AMTB)
| Market Cap | 850.10M |
| Revenue (ttm) | 327.31M |
| Net Income (ttm) | 20.53M |
| Shares Out | 41.96M |
| EPS (ttm) | 0.61 |
| PE Ratio | 33.27 |
| Forward PE | 14.55 |
| Dividend | $0.36 (1.78%) |
| Ex-Dividend Date | Aug 15, 2024 |
| Volume | 165,933 |
| Open | 20.07 |
| Previous Close | 20.28 |
| Day's Range | 20.01 - 20.37 |
| 52-Week Range | 16.63 - 27.00 |
| Beta | 0.98 |
| Analysts | Buy |
| Price Target | 25.30 (+24.88%) |
| Earnings Date | Oct 23, 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; owner-occupied; single-family residential; commercial; and consumer loans and overdrafts, such as automobile, personal, or loans secured by cash or sec... [Read more]
Financial Performance
In 2023, Amerant Bancorp's revenue was $312.60 million, an increase of 1.06% compared to the previous year's $309.32 million. Earnings were $32.49 million, a decrease of -48.68%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for AMTB stock is "Buy." The 12-month stock price forecast is $25.3, which is an increase of 24.88% from the latest price.
News
AMERANT BANK NAMES STERLING HARRELL AS BROWARD MARKET PRESIDENT
New Market President joins Amerant as plans for growth in the region continue New Market President joins Amerant as plans for growth in the region continue
Amerant Bancorp Inc. Announces Closing of $165 Million Offering of Common Stock
CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (the “Company”) today announced the closing of its public offering of 8,684,210 shares of its Class A voting common stock (the “c...
Amerant Bancorp Inc. Announces Pricing of Class A Voting Common Stock Offering
CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (“Amerant” or the “Company”) today announced the pricing of its public offering of 7,900,000 shares of its Class A voting common ...
Amerant Bancorp Inc. Announces Launch of Class A Voting Common Stock Offering
CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (“Amerant” or the “Company”) today announced that it commenced an underwritten public offering of shares of its Class A voting co...
AMERANT BANK NAMED THE OFFICIAL BANK OF FORT LAUDERDALE UNITED FC
FORT LAUDERDALE, FL, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Amerant Bank, Florida's bank of choice with a growing presence across South Florida, today announced a strategic partnership becoming the Officia...
Amerant Bank Partners with SOCi to Elevate its Digital Marketing
Through the power of SOCi's CoMarketing Cloud and cutting-edge consolidated tools, the bank drives digital growth and community engagement SAN DIEGO , Aug. 8, 2024 /PRNewswire/ -- SOCi, Inc. , the lea...
MidFirst Bank Receives Regulatory Approval to Acquire Houston Banking Locations of Amerant Bank
OKLAHOMA CITY--(BUSINESS WIRE)--MidFirst Bank ("MidFirst" or the “Company”), the largest privately owned bank in the nation, today announced it has received all required regulatory approvals to comple...
Amerant Bancorp Inc. (AMTB) Q2 2024 Earnings Call Transcript
Amerant Bancorp Inc. (NYSE:AMTB) Q2 2024 Earnings Conference Call July 25, 2024 9:00 AM ET Company Participants Laura Rossi - Head of Investor Relations Jerry Plush - Chairman and Chief Executive Off...
Amerant Reports Second Quarter 2024 Results
CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (the “Company” or “Amerant”) today reported net income attributable to the Company of $5.0 million in the second quarter of 2024,...
Amerant Bancorp Inc. Declares Dividend
CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (the “Company” or “Amerant”) today announced that, on July 24, 2024, the Company's Board of Directors declared a cash dividend of...
AMERANT BANK NAMES JESSE FLOWERS AS PALM BEACH MARKET PRESIDENT
New Market President joins Amerant on the heels of recently announcing its third Palm Beach banking center and regional office set to open in Q1 2025 New Market President joins Amerant on the heels of...
Amerant Bancorp Inc. to Announce Second Quarter 2024 Financial Results and Host Conference Call
CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (“Amerant” or the “Company”), today announced it will release second quarter 2024 earnings results on Wednesday, July 24, 2024 af...
AMERANT BANK NAMES INDUSTRY VETERAN MIKE NURSEY AS CENTRAL FLORIDA MARKET PRESIDENT
On the heels of the recent opening of a Tampa regional office and a new banking center in the Westshore district, Nursey will lead Amerant's ongoing expansion in Hillsborough County, Pinellas County a...
Amerant Bank Donates 250 Tickets to Local Veterans and First Responders for Game 4 of Florida Panthers Playoffs
CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bank Donates 250 Tickets to Local Veterans and First Responders for Game 4 of Florida Panthers Playoffs.
Amerant Bancorp Inc. (AMTB) Q1 2024 Earnings Call Transcript
Amerant Bancorp Inc. (AMTB) Q1 2024 Earnings Call Transcript
Amerant Reports First Quarter 2024 Results
CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (the “Company” or “Amerant”) today reported net income attributable to the Company of $10.6 million in the first quarter of 2024,...
MidFirst Bank to Acquire Houston Banking Locations of Amerant Bank
OKLAHOMA CITY--(BUSINESS WIRE)--MidFirst Bank ("MidFirst" or the “Company”), the largest privately owned bank in the nation, has entered into a definitive agreement to acquire the Houston, Texas banki...
Amerant Bancorp Inc. Announces Sale of Texas Operations
CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (“Amerant” or the “Company”) today announced that its wholly owned subsidiary, Amerant Bank, N.A., entered into a definitive purc...
AMERANT BANK ANNOUNCES BRAND PARTNERSHIP WITH FLORIDA PANTHERS STAR MATTHEW TKACHUK
NHL superstar will be featured in expansive marketing campaign to promote Amerant Bank's new co-branded Florida Panthers Debit Card CORAL GABLES, Fla. , April 11, 2024 /PRNewswire/ -- Amerant Bank, th...
Amerant Bancorp Inc. to Announce First Quarter 2024 Financial Results and Host Conference Call
CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (“Amerant” or the “Company”), today announced it will release first quarter 2024 earnings results on Wednesday, April 24, 2024 af...
AMERANT BANK EXPANDS FOOTPRINT IN BROWARD COUNTY WITH THE OPENING OF NEW LAS OLAS BANKING CENTER IN GREATER FT. LAUDERDALE
FT. LAUDERDALE, FL, March 05, 2024 (GLOBE NEWSWIRE) -- Amerant Bank, the largest community bank headquartered in Florida, today opened its new banking center on Las Olas Blvd in Ft. Lauderdale, FL, ma...
Amerant Investments Partners with iCapital to Expand US and LATAM Access to Alternative Investment Opportunities
The partnership offers Amerant advisors and HNW clients access to a broad private market menu along with iCapital's technology and comprehensive solutions The partnership offers Amerant advisors and H...
AMERANT BANK OPENS FIRST BANKING CENTER IN THE GREATER TAMPA AREA
Located in the region's largest commercial office district – Amerant will also open its new Tampa regional office in Q1 of 2024 Located in the region's largest commercial office district – Amerant wil...
AMERANT BANK PROVIDES FINANCING TO FRESCO RETAIL GROUP, LLC FOR THE ACQUISITION OF FRESCO Y MÁS OPERATIONS AND LOCATIONS
$120 million loan secures acquisition of Fresco y Más to acquire stores and locations from Southeastern Grocers Inc. $120 million loan secures acquisition of Fresco y Más to acquire stores and locatio...
Amerant Bancorp Inc. (AMTB) Q4 2023 Earnings Call Transcript
Amerant Bancorp Inc. (AMTB) Q4 2023 Earnings Call Transcript