Amerant Bancorp (AMTB) AI Stock Analysis

• Market Cap: $895.46M
• Dividend Yield: 1.79%
• Average Volume (3M): 197.53K
• Price to Earnings (P/E): 17.3
• Beta (1Y): 1.06
• Revenue Growth: 15.37%
• EPS Growth: N/A
• Country: US
• Employees: 77
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.53
• 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: 0.49
• Enterprise Value/Revenue: 0.67
• Enterprise Value/Gross Profit: 1.17
• Enterprise Value/Ebitda: 6.22
• 1Y Price Target: $23.67
• Price Target Upside: 9.08% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 69 Neutral
• Price Target: $23.50 ▲(8.29% Upside)

The score is supported primarily by improved financial statement trends (profitability recovery and strong free-cash-flow conversion) and constructive technical momentum (price above key moving averages, positive MACD). These positives are tempered by the earnings-call signals of significant near-term operational and credit headwinds (EPS decline, large non-core expense items, and higher nonperforming assets), while valuation is reasonable but not sufficiently cheap to offset the near-term risks.

Positive Factors

Cash generation and revenue recovery

Sustained TTM revenue growth and robust free cash flow growth indicate the franchise is converting earnings into liquidity. Durable FCF (97% FCF-to-net-income) supports reinvestment, provisioning and capital returns, giving the bank flexibility to execute its turnaround without immediate external financing.

Capital buffer and capital actions

A CET1 ratio at 11.8% combined with authorized repurchases and an ongoing dividend signals meaningful regulatory capital headroom and management confidence. This capital flexibility helps absorb loan losses, enables balance-sheet optimization and supports shareholder returns while the bank executes remediation.

Comprehensive credit remediation effort

A deep, bank-wide review covering ~85% of commercial commitments and intensive special-assets work is a structural fix to underwriting and risk governance. Though near-term costs rise, improving risk-selection, accelerated resolutions and loan sales should lower future credit volatility and strengthen portfolio quality over multiple quarters.

Negative Factors

Rising nonperforming assets

NPLs rising to $187M (1.9% of assets) reflects material credit stress in commercial portfolios. Elevated problem assets require higher provisioning and potential charge-offs, eroding earnings and capital cushions and constraining future lending capacity until remediation and sales materially reduce classified balances.

High operating costs and non-core charges

A spike in noninterest expense and a reported efficiency ratio near 95% (even with a core ratio >72%) indicates structural cost pressures and one-off impairments. Persistent elevated operating leverage and recurring non-core items will hinder sustainable ROA and ROE improvements unless structural expense reduction plans are realized.

Balance-sheet contraction and deposit outflows

Quarterly declines in deposits and loans shrink the funding base and earning asset scale, reducing net interest income potential. If contraction persists, the bank may face tighter liquidity/funding costs or slower loan-originations, limiting margin recovery and the ability to achieve medium-term loan growth targets.

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

Income statement trends are improving (TTM revenue growth 11.1% and net profit margin 10.8% after a prior-year loss), and cash generation looks solid (TTM free cash flow growth 13.8% with FCF-to-net-income at 97.2%). The key offset is balance-sheet risk: leverage is moderate (debt-to-equity 1.10) and the equity ratio is described as relatively low, which raises sensitivity to credit and funding conditions.

Income Statement

Amerant Bancorp's income statement shows a strong recovery with a TTM revenue growth rate of 11.1% and a net profit margin of 10.8%. The company has improved its profitability significantly from the previous year, moving from a negative net profit margin to a positive one. However, the gross profit margin has decreased slightly, indicating potential cost pressures. Overall, the income statement reflects a positive growth trajectory and improved profitability.

Balance Sheet

The balance sheet of Amerant Bancorp indicates a moderate level of leverage with a debt-to-equity ratio of 1.10. The return on equity has improved to 7.7%, showcasing better utilization of equity. However, the equity ratio is relatively low, suggesting a higher reliance on debt financing. The company has made progress in strengthening its equity position, but the leverage remains a potential risk.

Cash Flow

Amerant Bancorp's cash flow statement highlights a robust free cash flow growth of 13.8% in the TTM period. The free cash flow to net income ratio is strong at 97.2%, indicating efficient cash generation relative to net income. However, the operating cash flow to net income ratio is not available, which limits a full assessment of operational cash flow efficiency. Overall, the cash flow position is solid with significant improvements in free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	655.25M	574.92M	551.02M	387.07M	307.75M	333.77M
Gross Profit	375.91M	244.83M	267.63M	301.01M	281.55M	174.15M
EBITDA	70.77M	-17.48M	48.17M	84.47M	151.29M	5.05M
Net Income	52.42M	-15.75M	32.49M	63.31M	112.92M	-1.72M
Balance Sheet
Total Assets	9.78B	9.90B	9.72B	9.13B	7.64B	7.77B
Cash, Cash Equivalents and Short-Term Investments	2.50B	2.00B	1.51B	1.31B	1.45B	1.44B
Total Debt	0.00	1.00B	921.33M	1.20B	1.07B	1.17B
Total Liabilities	8.84B	9.01B	8.98B	8.42B	6.81B	6.99B
Stockholders Equity	938.80M	890.47M	736.07M	707.82M	834.48M	783.42M
Cash Flow
Free Cash Flow	97.96M	74.79M	15.79M	-59.79M	60.85M	51.67M
Operating Cash Flow	100.50M	82.19M	26.72M	-49.16M	67.43M	57.25M
Investing Cash Flow	-501.10M	-576.66M	-606.62M	-1.40B	385.32M	286.34M
Financing Cash Flow	441.10M	762.96M	611.17M	1.46B	-392.93M	-250.52M

Amerant Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 21.70
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• 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 21.7 is above the 20-day moving average (MA) of 20.78, above the 50-day MA of 19.98, and above the 200-day MA of 18.95, indicating a bullish trend. The MACD of 0.43 indicates Negative momentum. The RSI at 60.32 is Neutral, neither overbought nor oversold. The STOCH value of 49.27 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	79 Outperform	$1.16B	11.39	13.88%	1.70%	4.33%	-2.20%
NBN	76 Outperform	$919.27M	11.12	19.62%	0.04%	33.22%	38.44%
CFFN	74 Outperform	$956.87M	12.96	6.53%	4.73%	6.27%	79.25%
SBSI	70 Outperform	$967.83M	14.06	8.53%	4.59%	-4.08%	-16.80%
UVSP	70 Outperform	$943.69M	10.59	9.61%	2.59%	4.49%	20.44%
AMTB	69 Neutral	$895.46M	17.28	7.21%	1.79%	15.37%	―
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Amerant Bancorp Corporate Events

Amerant Bancorp posts Q4 profit, unveils buyback plan

On January 22, 2026, Amerant Bancorp reported fourth-quarter 2025 net income of $2.7 million, or $0.07 per diluted share, sharply lower than the prior quarter, as the bank absorbed higher non-interest expenses and ongoing credit normalization tied to strategic actions to improve risk selection and operational efficiency. For full-year 2025, however, Amerant swung to a net profit of $52.4 million, or $1.26 per diluted share, from a $15.8 million loss in 2024, supported by stronger net interest income, improved net interest margin and higher pre-provision net revenue, even as non-performing assets and classified loans rose and the allowance for credit losses decreased. The board declared a $0.09 per share dividend payable February 27, 2026, and approved a new Class A share repurchase program of up to $40 million through December 31, 2026, signaling confidence in the company’s capital position and long-term strategy despite near-term pressure on asset quality and profitability metrics such as efficiency ratio, ROA and ROE.

The most recent analyst rating on (AMTB) stock is a Hold 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 Completes Loan Sale to Peachtree Group

On December 31, 2025, Amerant Bank, N.A., a subsidiary of Amerant Bancorp Inc., entered into an asset sale agreement with Peachtree Group to sell up to five loans with an estimated outstanding principal balance of $74 million. The transaction, which included customary representations, warranties, covenants and closing conditions, closed on January 7, 2026, with the bank ultimately selling three of the five loans to Peachtree for approximately $49.7 million after the purchaser chose not to acquire the remaining two loans, thereby reducing Amerant’s loan exposure and adjusting the composition of its loan portfolio.

The most recent analyst rating on (AMTB) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on Amerant Bancorp stock, see the AMTB Stock Forecast page.

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.