Amerant Bancorp Inc. (AMTB)

NYSE: AMTB · IEX Real-Time Price · USD
22.08
-0.64 (-2.82%)
Apr 25, 2024, 4:00 PM EDT - Market closed
-2.82%
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]

Sector Financials
Founded 1979
Employees 682
Stock Exchange NYSE
Ticker Symbol AMTB
Full Company Profile

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 Statements

Analyst 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.

Price Target
$25.4
(15.04% upside)
Analyst Consensus: Hold
Stock Forecasts

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,...

1 day ago - Business Wire

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...

1 day ago - Business Wire

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...

8 days ago - Business Wire

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...

8 days ago - Business Wire

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...

14 days ago - PRNewsWire

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...

4 weeks ago - Business Wire

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...

7 weeks ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

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 months 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....

7 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...

7 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...

7 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

7 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...

8 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...

9 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

10 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...

10 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

10 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...

11 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 ...

1 year 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

1 year ago - GlobeNewsWire