Amerant Bancorp Inc. (AMTB)
Market Cap | 744.34M |
Revenue (ttm) | 352.68M |
Net Income (ttm) | 32.49M |
Shares Out | 33.71M |
EPS (ttm) | 0.96 |
PE Ratio | 23.00 |
Forward PE | 12.08 |
Dividend | $0.36 (1.63%) |
Ex-Dividend Date | Feb 13, 2024 |
Volume | 205,523 |
Open | 21.79 |
Previous Close | 22.72 |
Day's Range | 21.65 - 22.31 |
52-Week Range | 15.79 - 26.13 |
Beta | 0.95 |
Analysts | Hold |
Price Target | 25.40 (+15.04%) |
Earnings Date | Apr 24, 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, AMTB's revenue was $352.68 million, an increase of 10.21% compared to the previous year's $320.00 million. Earnings were $32.49 million, a decrease of -48.68%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for AMTB stock is "Hold." The 12-month stock price forecast is $25.4, which is an increase of 15.04% from the latest price.
News
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,...
Amerant Bancorp Inc. Declares Dividend
CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (the “Company” or “Amerant”) today announced that, on April 24, 2024, the Company's Board of Directors declared a cash dividend o...
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 Reports Fourth Quarter 2023 and Full-Year 2023 Results
CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (the “Company” or “Amerant”) today reported a net loss attributable to the Company of $17.1 million in the fourth quarter of 2023...
Amerant Bancorp Inc. to Announce Fourth Quarter 2023 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 fourth quarter 2023 earnings results on Wednesday, January 24, 2024...
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
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....
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...
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...
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
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...
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...
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
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...
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
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...
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 ...
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