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Amerant Bancorp Inc Class A (AMTB)
NYSE:AMTB
Earnings Data
Report Date
Apr 23, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.4Last Year’s EPS
0.32Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 22, 2025
|% Change Since: -20.89%
|Next Earnings Date:Apr 23, 2025
Earnings Call Sentiment|Positive
The earnings call highlights Amerant Bancorp's strong loan and deposit growth, improved net interest income, and recovery in noninterest income, despite challenges with decreased total assets and deposits due to the Houston franchise sale. Capital ratios improved, but noninterest expenses increased. The overall focus remains on executing strategic growth plans in 2025.Company Guidance
During the Amerant Bancorp fourth quarter and full year 2024 earnings call, the executives provided detailed guidance on the company's financial performance and strategic plans. Key metrics discussed included a total asset size of $9.9 billion, a decrease from the third quarter primarily due to the sale of the Houston franchise and repayment of Federal Home Loan Bank advances. Despite these reductions, the company anticipates crossing back over the $10 billion asset threshold in the first quarter of 2025, driven by a robust loan pipeline. Total deposits decreased by $256.9 million to $7.85 billion, with organic deposit growth excluding the Houston transaction reaching $317 million. The net interest margin improved to 3.75% from 3.49% in the third quarter, with net interest income rising to $87.6 million. The efficiency ratio improved significantly to 74.91% from 228.74%, and the company aims for a 60% efficiency ratio in the second half of 2025. The provision for credit losses decreased to $9.9 million, and the company reported a fourth-quarter diluted earnings per share of $0.40, recovering from a loss in the third quarter. For 2025, Amerant plans to focus on strategic growth, expecting annual loan growth of approximately 15% and deposit growth to match, with continued emphasis on improving the ratio of noninterest-bearing to total deposits.Strong Loan and Deposit Growth
Organic loan growth for the quarter was strong at $255 million, with a robust loan pipeline expected to drive growth in Q1 2025. Organic deposit growth was also strong at $317 million.
Improvement in Key Financial Metrics
Net interest income increased to $87.6 million from $81 million in Q3 2024, and net interest margin improved to 3.75% from 3.49%.
Significant Decrease in Provision for Credit Losses
Provision for credit losses decreased to $9.9 million from $19 million in Q3 2024.
Noninterest Income Recovery
Noninterest income increased to $23.7 million from a negative $47.7 million in Q3 2024, driven by gains from the sale of the Houston franchise and early extinguishment of FHLB advances.
Improvement in Capital Ratios
Total capital ratio improved to 13.43% from 12.72%, and CET1 ratio increased to 11.21% from 10.65%.
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AMTB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AMTB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 22, 2025 | $22.31 | $23.39 | +4.84% |
| Oct 23, 2024 | $20.12 | $20.50 | +1.89% |
| Jul 24, 2024 | $26.05 | $23.98 | -7.95% |
| Apr 24, 2024 | $22.36 | $21.73 | -2.82% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Amerant Bancorp Inc Class A (AMTB) report earnings?
Amerant Bancorp Inc Class A (AMTB) is schdueled to report earning on Apr 23, 2025, TBA Not Confirmed.
What is Amerant Bancorp Inc Class A (AMTB) earnings time?
Amerant Bancorp Inc Class A (AMTB) earnings time is at Apr 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AMTB EPS forecast?
AMTB EPS forecast for the fiscal quarter 2025 (Q1) is 0.4.
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