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Amerant Bancorp Inc. (AMTB) 10-Year Financial Performance & Capital Metrics

AMTB • • Banking & Credit
Financial ServicesRegional BanksCommunity & Regional Retail BankingSoutheast Community Banks
AboutAmerant 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. The company offers checking, savings, and money market accounts; and certificates of deposits. It 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, such as automobile, personal, or loans secured by cash or securities and revolving credit card agreements. In addition, the company offers trust and estate planning products and services to high-net-worth customers, brokerage and investment advisory services in global capital markets, and wealth management and fiduciary services. Further, it provides debit and credit cards, night depositories, direct deposits, cashier's checks, safe deposit boxes, letters of credit, and treasury management services, including wire transfer, remote deposit capture, and automated clearinghouse services; derivative instruments; and online and mobile banking, account balances, statements and other documents, online transfers and bill payment, and electronic delivery of customer statements services, as well as automated teller machines, and banking by mobile devices, telephone, and mail. As of December 31, 2021, the company operated 24 banking centers comprising 17 in Florida and 7 in Texas. It also operates loan production offices in Tampa, Florida. 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.Show more
  • Net Interest Income $326M -0.2%
  • Total Revenue $575M +4.3%
  • Net Income -$16M -148.5%
  • Return on Equity -1.94% -143.0%
  • Net Interest Margin 3.29% -2.0%
  • Efficiency Ratio 46.77% +13.9%
  • ROA -0.16% -146.6%
  • Equity / Assets 8.99% +18.7%
  • Book Value per Share 24.90 +13.9%
  • Tangible BV/Share 24.37 +14.5%
  • Debt/Equity 1.13 -9.9%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Efficient operations: 46.8% efficiency ratio
  • ✓Trading at only 0.8x book value

✗Weaknesses

  • ✗Weak 3Y average ROE of 3.6%

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y9.16%
3Y23.16%
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM233.85%

EPS CAGR

10Y-
5Y-
3Y-
TTM206.76%

ROCE

10Y Avg2.59%
5Y Avg2.32%
3Y Avg1.56%
Latest-1.26%

Peer Comparison

Southeast Community Banks
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Technical
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Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
FFINFirst Financial Bankshares, Inc.4.68B32.6520.9318.79%30.24%14.14%6.26%0.12
FHNFirst Horizon Corporation11.85B24.4417.974.71%15.7%9.58%10.33%0.50
AUBAtlantic Union Bankshares Corporation5.47B38.3617.1328.8%15.53%4.22%5.51%0.17
UCBUnited Community Banks, Inc.4.09B33.9116.6214.65%17.05%8.83%7.4%0.13
SNVSynovus Financial Corp.6.95B50.0516.521.16%14.09%13.7%11.01%0.35
PNFPPinnacle Financial Partners, Inc.14.67B97.6516.3815.32%16.65%9.1%5.5%0.39
CADECadence Bank8.27B44.4016.0332.37%18.03%9.08%9.39%0.01
ABCBAmeris Bancorp5.56B81.4115.699.75%21.97%9.91%2.53%0.11

Profit & Loss

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Net Interest Income+191.93M209.71M219.04M213.09M189.55M205.14M266.67M326.46M325.96M
NII Growth %-0.09%0.04%-0.03%-0.11%0.08%0.3%0.22%-0%
Net Interest Margin %---------
Interest Income238.83M273.32M309.36M312.97M260.55M247.84M338.78M548.58M595.59M
Interest Expense46.89M63.61M90.32M99.89M71M42.7M72.11M222.12M269.63M
Loan Loss Provision22.11M-3.49M375K-3.15M88.62M-16.5M13.95M61.28M60.46M
Non-Interest Income+61.56M71.48M52.99M58M73.21M59.91M48.29M2.44M-20.66M
Non-Interest Income %---------
Total Revenue+300.38M344.81M362.35M370.97M333.77M307.75M387.07M551.02M574.92M
Revenue Growth %-0.15%0.05%0.02%-0.1%-0.08%0.26%0.42%0.04%
Non-Interest Expense197.59M207.64M214.09M210.2M178.48M137.53M222.43M226.3M268.92M
Efficiency Ratio---------
Operating Income+33.79M77.05M57.57M64.03M-4.33M144.02M78.58M41.33M-24.08M
Operating Margin %---------
Operating Income Growth %-1.28%-0.25%0.11%-1.07%34.23%-0.45%-0.47%-1.58%
Pretax Income+33.79M77.05M57.57M64.03M-4.33M144.02M78.58M41.33M-24.08M
Pretax Margin %---------
Income Tax+10.21M33.99M11.73M12.7M-2.61M33.71M16.62M10.54M-8.33M
Effective Tax Rate %---------
Net Income+23.58M43.06M45.83M51.33M-1.72M112.92M63.31M32.49M-15.75M
Net Margin %---------
Net Income Growth %-0.83%0.06%0.12%-1.03%66.58%-0.44%-0.49%-1.48%
Net Income (Continuing)23.58M43.06M45.83M51.33M-1.72M110.31M61.96M30.79M-15.75M
EPS (Diluted)+0.681.231.081.20-0.043.011.850.96-0.44
EPS Growth %-0.81%-0.12%0.11%-1.03%73.88%-0.39%-0.48%-1.46%
EPS (Basic)0.681.231.081.21-0.043.041.870.97-0.44
Diluted Shares Outstanding34.92M34.92M42.49M42.94M41.74M37.53M34.14M33.67M35.76M

Balance Sheet

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash & Short Term Investments+1000K1000K1000K1000K1000K1000K1000K1000K1000K
Cash & Due from Banks134.99M153.44M85.71M121.32M214.39M274.21M248.44M296.02M565.99M
Short Term Investments1000K1000K1000K1000K1000K1000K1000K1000K1000K
Total Investments+7.81B7.78B7.53B7.36B7.04B6.79B8.15B8.62B8.63B
Investments Growth %--0%-0.03%-0.02%-0.04%-0.04%0.2%0.06%0%
Long-Term Investments5.68B6.09B5.94B5.79B5.81B5.62B7.09B7.4B7.19B
Accounts Receivables1000K1000K1000K1000K1000K1000K1000K00
Goodwill & Intangibles+---------
Goodwill19.19M19.19M19.19M19.51M19.51M19.51M19.51M19.19M19.19M
Intangible Assets000000000
PP&E (Net)148.71M129.36M123.5M128.82M109.99M179M181.76M162.09M131.84M
Other Assets224.35M270.25M276.33M284.79M282.56M270.5M326.15M567.3M505.16M
Total Current Assets2.33B1.91B1.75B1.76B1.53B1.54B1.46B1.51B2B
Total Non-Current Assets6.11B6.52B6.38B6.23B6.24B6.1B7.67B8.2B7.9B
Total Assets+8.43B8.44B8.12B7.99B7.77B7.64B9.13B9.72B9.9B
Asset Growth %-0%-0.04%-0.02%-0.03%-0.02%0.19%0.06%0.02%
Return on Assets (ROA)0%0.01%0.01%0.01%-0%0.01%0.01%0%-0%
Accounts Payable53.05M69.23M0000000
Total Debt+1.1B1.29B1.28B1.33B1.17B1.07B1.2B921.33M1B
Net Debt964.12M1.14B1.2B1.21B958.37M795.04M950.86M625.3M438.72M
Long-Term Debt1.05B1.29B1.28B1.33B1.17B932.65M1.06B798.16M838.8M
Short-Term Debt50M000000059.84M
Other Liabilities0060.13M66.31M83.07M106.41M178.57M164.07M151.96M
Total Current Liabilities6.68B6.39B6.03B5.76B5.73B5.63B7.04B7.89B7.91B
Total Non-Current Liabilities1.05B1.29B1.34B1.39B1.26B1.18B1.38B1.09B1.1B
Total Liabilities7.73B7.68B7.38B7.15B6.99B6.81B8.42B8.98B9.01B
Total Equity+704.74M753.45M747.42M834.7M783.42M831.87M705.73M736.07M890.47M
Equity Growth %-0.07%-0.01%0.12%-0.06%0.06%-0.15%0.04%0.21%
Equity / Assets (Capital Ratio)---------
Return on Equity (ROE)0.03%0.06%0.06%0.06%-0%0.14%0.08%0.05%-0.02%
Book Value per Share20.1821.5817.5919.4418.7722.1720.6721.8624.90
Tangible BV per Share---------
Common Stock12.75M4.25M4.46M4.67M3.79M3.59M3.38M3.36M4.21M
Additional Paid-in Capital359.01M367.5M385.37M419.05M305.57M262.51M194.69M192.7M343.83M
Retained Earnings343.68M387.83M393.66M444.12M442.4M553.17M590.38M610.8M582.23M
Accumulated OCI-10.7M-6.13M-18.16M13.23M31.66M15.22M-80.64M-70.8M-39.81M
Treasury Stock00-17.91M-46.37M00000
Preferred Stock000000000

Cash Flow

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+75.27M73.28M62.16M78.39M57.25M67.43M-49.16M26.72M82.19M
Operating CF Growth %--0.03%-0.15%0.26%-0.27%0.18%-1.73%1.54%2.08%
Net Income23.58M43.06M45.83M51.33M-1.72M110.31M61.96M30.79M-15.75M
Depreciation & Amortization9.13M9.04M8.54M7.09M9.38M7.27M5.88M6.84M6.6M
Deferred Taxes-3.99M14.68M1.27M525K-11.51M6M5M-5.51M165K
Other Non-Cash Items42.28M-910K11.59M925K72.61M-91.46M-133.52M18.13M85.97M
Working Capital Changes4.27M7.41M-5.25M12.15M-13.81M30.52M5.73M-30.3M168K
Cash from Investing+-322.23M7.57M206.51M205.84M286.34M385.32M-1.4B-606.62M-576.66M
Purchase of Investments-1.08B-321.87M-216.24M-445.89M-399.23M-526.27M-419.35M-266.59M-735.61M
Sale/Maturity of Investments1000K1000K1000K1000K1000K1000K1000K1000K1000K
Net Investment Activity---------
Acquisitions007.5M-14.39M0-1.04M0-1.97M-73.91M
Other Investing-215.71M-317.58M140.93M171.93M-105.9M409.6M-1.23B-457.2M-463.44M
Cash from Financing+243.67M-62.39M-336.4M-248.62M-250.52M-392.93M1.46B611.17M762.96M
Dividends Paid00-40M000-12.23M-12.06M-12.82M
Share Repurchases00-17.91M-30.16M-70.3M-48.04M-72.06M-4.93M-7.56M
Stock Issued0017.91M29.22M0000155.75M
Net Stock Activity---------
Debt Issuance (Net)1000K1000K-1000K1000K-1000K-1000K1000K-1000K1000K
Other Financing34.2M-304.39M-290.29M-289.93M-25.5M-100.77M1.41B850.14M525.97M
Net Change in Cash+-3.29M18.46M-67.73M35.61M93.06M59.82M16.39M31.27M268.49M
Exchange Rate Effect000000000
Cash at Beginning138.28M134.99M153.44M85.71M121.32M214.39M274.21M290.6M321.87M
Cash at End134.99M153.44M85.71M121.32M214.39M274.21M290.6M321.87M590.36M
Interest Paid46.11M61.59M89.28M99.96M73.35M46.33M67.3M211.77M272.31M
Income Taxes Paid9.26M18.88M18.95M7.54M10.58M14.54M27.54M24.97M4.86M
Free Cash Flow+66.73M64.68M52.12M64.13M51.67M60.85M-59.79M15.79M74.79M
FCF Growth %--0.03%-0.19%0.23%-0.19%0.18%-1.98%1.26%3.74%

Banking Ratios

Metric201620172018201920202021202220232024
Return on Equity (ROE)3.35%5.91%6.11%6.49%-0.21%13.98%8.23%4.51%-1.94%
Return on Assets (ROA)0.28%0.51%0.55%0.64%-0.02%1.47%0.76%0.34%-0.16%
Net Interest Margin2.28%2.49%2.7%2.67%2.44%2.69%2.92%3.36%3.29%
Efficiency Ratio65.78%60.22%59.08%56.66%53.47%44.69%57.47%41.07%46.77%
Equity / Assets8.36%8.93%9.2%10.45%10.08%10.89%7.73%7.58%8.99%
Book Value / Share20.1821.5817.5919.4418.7722.1720.6721.8624.9
NII Growth-9.26%4.45%-2.72%-11.05%8.22%29.99%22.42%-0.16%
Dividend Payout--87.27%---19.32%37.13%-

Revenue by Segment

2018
Corporate LATAM1B
Corporate LATAM Growth-

Frequently Asked Questions

Growth & Financials

Amerant Bancorp Inc. (AMTB) grew revenue by 4.3% over the past year. Growth has been modest.

Yes, Amerant Bancorp Inc. (AMTB) is profitable, generating $66.6M in net income for fiscal year 2024 (-2.7% net margin).

Dividend & Returns

Yes, Amerant Bancorp Inc. (AMTB) pays a dividend with a yield of 1.71%. This makes it attractive for income-focused investors.

Amerant Bancorp Inc. (AMTB) has a return on equity (ROE) of -1.9%. Negative ROE indicates the company is unprofitable.

Industry Metrics

Amerant Bancorp Inc. (AMTB) has a net interest margin (NIM) of 3.3%. This indicates healthy earnings from lending activities.

Amerant Bancorp Inc. (AMTB) has an efficiency ratio of 46.8%. This is excellent, indicating strong cost control.

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