Amerant Bancorp (AMTB) AI Stock Analysis

• Market Cap: $833.15M
• Dividend Yield: 1.79%
• Average Volume (3M): 197.53K
• Price to Earnings (P/E): 13.1
• Beta (1Y): 1.05
• Revenue Growth: 15.37%
• EPS Growth: N/A
• Country: US
• Employees: 77
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.39
• Shares Outstanding: 41,265,602
• 10 Day Avg. Volume: 210,539
• 30 Day Avg. Volume: 197,531
• PEG Ratio: 0.35
• Price to Book (P/B): 0.90
• Price to Sales (P/S): 1.39
• P/FCF Ratio: 10.71
• Enterprise Value/Market Cap: 2.01
• Enterprise Value/Revenue: 2.57
• Enterprise Value/Gross Profit: 4.67
• Enterprise Value/Ebitda: 18.90
• 1Y Price Target: $21.67
• Price Target Upside: 4.28% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: $21.50 ▲(3.46% Upside)

The score is driven primarily by improving financial performance (revenue growth, return to profitability, and strong free cash flow conversion), tempered by balance-sheet leverage and rising credit-quality pressure. Technicals are mixed/neutral, while valuation is supportive. Earnings call and recent credit-risk updates add caution due to higher nonperforming assets and credit costs despite strong capital and net interest margin.

Positive Factors

Revenue Growth

Amerant Bancorp's strong revenue growth and improved net margin indicate a solid recovery and potential for sustained profitability.

Cash Flow Strength

Robust free cash flow growth and high conversion rate demonstrate efficient cash generation, supporting long-term financial stability.

International Expansion

Expansion into Latin American markets enhances Amerant's growth prospects and diversifies its revenue base, supporting long-term strategic goals.

Negative Factors

Rising Nonperforming Assets

The increase in nonperforming assets poses a risk to asset quality and could lead to higher credit costs, impacting future profitability.

Leadership Change

Leadership changes can create uncertainty and may disrupt strategic continuity, affecting Amerant's ability to execute long-term plans.

Credit Risk Management

The transfer of loans and associated losses highlight ongoing credit risk management challenges, potentially straining financial resources.

Amerant Bancorp Business Overview & Revenue Model

Company Description

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. 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.

How the Company Makes Money

Amerant Bancorp generates revenue through several key streams. The primary source is net interest income, which is earned from the interest on loans provided to customers and the interest from securities held by the bank, offset by interest expenses related to deposits and borrowings. Additionally, the company earns non-interest income from various fees associated with banking services, such as account maintenance fees, transaction fees, and wealth management services. Significant partnerships and relationships with commercial clients also contribute to its earnings, especially through business lending and treasury management services. Overall, the company’s diversified approach allows it to leverage different revenue streams to enhance profitability.

Amerant Bancorp Financial Statement Overview

Summary

Amerant Bancorp's financial performance shows mixed results. While there is growth in revenue and free cash flow, profitability remains a challenge with low net profit margins and return on equity. The balance sheet indicates improved leverage, enhancing financial stability. The strong growth in free cash flow suggests potential for future improvement.

Income Statement

Amerant Bancorp's income statement shows a mixed performance. The TTM (Trailing-Twelve-Months) data indicates a slight revenue growth of 1.025%, but the net profit margin remains low at 0.63%. The gross profit margin is relatively healthy at 47.14%, yet the EBIT and EBITDA margins are minimal, reflecting challenges in operational efficiency. The company has shown improvement from previous periods, moving from negative to positive net income, but profitability remains a concern.

Balance Sheet

The balance sheet reflects a stable equity base with a debt-to-equity ratio of 1.05, showing a decrease from previous years, which is a positive sign of reduced leverage. However, the return on equity is low at 0.41%, indicating limited profitability relative to shareholder equity. The equity ratio is not explicitly calculated, but the overall asset base appears stable. The company has made progress in reducing debt levels, which enhances financial stability.

Cash Flow

Cash flow analysis reveals strong growth in free cash flow, with a significant increase of 64.29% in the TTM period. The operating cash flow to net income ratio is low at 0.019, suggesting potential issues in converting income into cash. However, the free cash flow to net income ratio is high at 0.96, indicating effective cash generation relative to net income. Overall, cash flow management appears robust, with a positive trajectory in free cash flow growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	652.51M	574.92M	551.02M	387.07M	307.75M	333.77M
Gross Profit	358.50M	244.83M	267.63M	301.01M	281.55M	174.15M
EBITDA	88.62M	-17.48M	48.17M	84.47M	151.29M	5.05M
Net Income	66.60M	-15.75M	32.49M	63.31M	112.92M	-1.72M
Balance Sheet
Total Assets	10.41B	9.90B	9.72B	9.13B	7.64B	7.77B
Cash, Cash Equivalents and Short-Term Investments	625.96M	2.00B	1.51B	1.31B	1.45B	1.44B
Total Debt	1.04B	1.00B	921.33M	1.20B	1.07B	1.17B
Total Liabilities	9.47B	9.01B	8.98B	8.42B	6.81B	6.99B
Stockholders Equity	944.94M	890.47M	736.07M	707.82M	834.48M	783.42M
Cash Flow
Free Cash Flow	174.71M	74.79M	15.79M	-59.79M	60.85M	51.67M
Operating Cash Flow	178.04M	82.19M	26.72M	-49.16M	67.43M	57.25M
Investing Cash Flow	-799.43M	-576.66M	-606.62M	-1.40B	385.32M	286.34M
Financing Cash Flow	580.41M	762.96M	611.17M	1.46B	-392.93M	-250.52M

Amerant Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 20.78
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AMTB, the sentiment is Positive. The current price of 20.78 is above the 20-day moving average (MA) of 20.27, above the 50-day MA of 18.85, and above the 200-day MA of 18.81, indicating a bullish trend. The MACD of 0.33 indicates Positive momentum. The RSI at 63.22 is Neutral, neither overbought nor oversold. The STOCH value of 75.65 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AMTB.

Amerant Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AMAL	82 Outperform	$1.00B	10.23	13.88%	1.70%	4.33%	-2.20%
NBN	79 Outperform	$851.62M	10.56	19.62%	0.04%	33.22%	38.44%
UVSP	76 Outperform	$928.59M	11.15	9.61%	2.59%	4.49%	20.44%
SBSI	74 Outperform	$922.73M	13.78	8.53%	4.59%	-4.08%	-16.80%
CFFN	71 Outperform	$876.69M	13.01	6.53%	4.73%	6.27%	79.25%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
AMTB	67 Neutral	$833.15M	13.11	7.21%	1.79%	15.37%	―

Amerant Bancorp Corporate Events

Amerant Bancorp Issues Year-End 2025 Credit Risk Update

On December 30, 2025, Amerant Bancorp released an investor credit update detailing intensified efforts in the fourth quarter of 2025 to reinforce credit discipline and strengthen credit risk management ahead of year-end. During 2025, the bank’s Credit Administration and Credit Review functions, including a third-party firm, reassessed risk ratings across about 85% of its commercial and CRE loan commitments, with roughly $4.5 billion, or 73%, reviewed through financial statement and covenant analysis in the fourth quarter alone. Management increased oversight through weekly leadership meetings focused on special assets, added resources to accelerate portfolio reviews, and expanded coverage to validate risk ratings, while the Special Assets group pushed resolutions of criticized credits through loan sales and heightened collection efforts on previously charged-off loans. As part of criticized portfolio management, the company moved approximately $94 million of loans from held for investment to held for sale, recognizing a non-routine loss of about $16 million but positioning itself to reduce classified loans by $94 million upon expected sale closings in January 2026. The update showed that estimated non-performing loans rose to about $156.7 million in the fourth quarter of 2025, driven primarily by five loans placed on non-accrual status, with subsequent transfers of $19 million in non-accrual loans to held for sale expected to lower NPLs to around $137 million, while charge-offs of $23 million were partly offset by approximately $18 million in recoveries and previously recorded specific reserves. Special mention and classified loans saw active churn through downgrades, paydowns, charge-offs and loan sales, with a significant portion secured by real estate at relatively conservative loan-to-value ratios, underscoring Amerant’s attempt to clean up problem assets and bolster its balance sheet despite near-term credit costs.

The most recent analyst rating on (AMTB) stock is a Buy with a $22.00 price target. To see the full list of analyst forecasts on Amerant Bancorp stock, see the AMTB Stock Forecast page.

Amerant Bancorp Highlights Strategic Focus in Florida

On November 11, 2025, Amerant Bancorp presented a slide presentation to existing and prospective investors, highlighting its strategic focus on organic growth in Florida following the sale of its Houston franchise. The company has completed a core conversion to a new tech system, enhancing customer service and operational efficiency, and continues to invest in business development and risk management to drive growth.

The most recent analyst rating on (AMTB) stock is a Hold with a $20.00 price target. To see the full list of analyst forecasts on Amerant Bancorp stock, see the AMTB Stock Forecast page.

Amerant Bancorp Appoints Interim CEO Amid Leadership Change

On November 4, 2025, Amerant Bancorp announced the mutual agreement for Jerry Plush to step down as President and CEO, effective November 5, 2025. Carlos Iafigliola, previously the Senior Executive Vice President and Chief Operating Officer, has been appointed as the Interim CEO. The transition is part of Amerant’s ongoing efforts to advance its growth strategy and improve operational efficiency. The Board, led by newly appointed Chair Odilon Almeida Jr., will conduct a search for a permanent CEO. The leadership change is not related to any disagreements or compliance issues, and the Board is confident in Iafigliola’s ability to lead the company through its next phase of growth.

The most recent analyst rating on (AMTB) stock is a Hold with a $20.00 price target. To see the full list of analyst forecasts on Amerant Bancorp stock, see the AMTB Stock Forecast page.

Amerant Bancorp Reports Q3 2025 Earnings Decline

On October 28, 2025, Amerant Bancorp reported a net income of $14.8 million for the third quarter of 2025, a decrease from the previous quarter’s $23.0 million. The company is focusing on reducing non-performing loans and plans to resume share buybacks and implement expense reductions to improve results. Total assets increased slightly to $10.4 billion, while total gross loans decreased to $6.9 billion. The company declared a cash dividend of $0.09 per share, payable on November 28, 2025.

The most recent analyst rating on (AMTB) stock is a Buy with a $26.00 price target. To see the full list of analyst forecasts on Amerant Bancorp stock, see the AMTB Stock Forecast page.

Amerant Bancorp Reschedules Earnings Release to October 28

On October 22, 2025, Amerant Bancorp announced the rescheduling of its third quarter 2025 earnings release and investor conference call to October 28, 2025, to complete its customary review process. Additionally, the company’s Board of Directors declared a cash dividend of $0.09 per share, payable on November 28, 2025, to shareholders of record on November 14, 2025.

The most recent analyst rating on (AMTB) stock is a Hold with a $19.50 price target. To see the full list of analyst forecasts on Amerant Bancorp stock, see the AMTB Stock Forecast page.