Amerant Bancorp (AMTB) AI Stock Analysis

• Market Cap: $874.22M
• Dividend Yield: 1.79%
• Average Volume (3M): 197.53K
• Price to Earnings (P/E): 17.0
• Beta (1Y): 1.11
• 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: 40,230,946
• 10 Day Avg. Volume: 210,539
• 30 Day Avg. Volume: 197,531
• PEG Ratio: -0.04
• Price to Book (P/B): 0.85
• Price to Sales (P/S): 1.22
• P/FCF Ratio: 8.15
• Enterprise Value/Market Cap: 1.70
• Enterprise Value/Revenue: 2.26
• Enterprise Value/Gross Profit: 3.94
• Enterprise Value/Ebitda: 20.95
• 1Y Price Target: $23.67
• Price Target Upside: 8.91% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): 2.1
• Revenue Forecast (FY): $428.48M

• Rating: 56 Neutral
• Price Target: $22.00 ▲(1.24% Upside)
• Action: Reiterated Date: 02/24/26
• Date: Action: Reiterated 02/24/26

AMTB scores 56 driven primarily by an improving but still uneven financial profile and a cautious earnings-call backdrop highlighting profitability, expense, and asset-quality headwinds. Technicals are mixed with limited near-term momentum, while valuation is reasonable and modestly supportive.

Positive Factors

Revenue recovery & profitability

A 57% revenue rebound and a positive net margin in 2025 show the underlying franchise can generate core earnings when balance-sheet dynamics stabilize. Durable top-line recovery supports recurring net interest income and fee growth, improving capacity to reinvest, fund reserves, and pursue medium-term ROA/efficiency targets.

Capital flexibility and returns

Active buybacks and a continuing dividend signal management confidence and capital cushion. Coupled with CET1 improvement, this indicates capital management discipline that preserves regulatory headroom while enabling shareholder returns and strategic investments over the next 2–3 years without immediate capital raises.

Wealth/AUM growth diversifying income

Rising AUM broadens noninterest income and reduces reliance on NII. A $3.3B AUM base and net new assets support recurring fee revenues and cross-sell opportunities, enhancing revenue diversification and fee-margin resilience through market cycles and lowering sensitivity to loan book volatility.

Negative Factors

Asset-quality deterioration

An extensive credit remediation affecting ~85% of commercial loans and rising nonperforming loans reflects structural portfolio stress, notably in CRE and certain regional commercial pockets. Ongoing downgrades, sales and charge-offs could keep provisioning elevated and constrain lending growth and margins for multiple quarters.

Volatile cash flow & uneven profitability

Large swings in free cash flow reduce predictability of internal funding for loan growth, capital returns and reserves. Historic inconsistency—including a 2024 loss—means earnings quality is still improving, making multi-period planning and achievement of aspirational ROA/efficiency targets more uncertain.

Expense volatility and weak efficiency

A sudden spike in expenses and large non-core charges eroded pre-provision net revenue and sent efficiency metrics far above peer norms. Unless structural cost reductions stick, persistent elevated operating costs will hamper sustainable profitability and make recovery to mid‑50s efficiency targets difficult.

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

Improving but inconsistent fundamentals: strong 2025 revenue rebound (+57%) and a return to profitability (net margin ~8%) with better leverage (debt-to-equity ~1.11x). Offsetting this, results were choppy (2024 loss), ROE remains modest (~5.6%), and cash flow has been volatile (FCF down ~44% YoY in 2025 despite positive OCF/FCF).

Income Statement

Revenue growth is strong in 2025 (+57%) following solid growth in 2023, but performance has been uneven with a loss in 2024 and weaker growth in 2020–2021. Profitability rebounded in 2025 (net margin ~8%, positive EBIT and EBITDA), yet margins remain well below the 2021–2022 peak levels, highlighting sensitivity to the operating environment and earnings volatility.

Balance Sheet

Leverage is moderate for a regional bank, with debt-to-equity improving from 2022 (~1.69x) to 2025 (~1.11x), which supports balance-sheet stability. However, returns on equity are modest in the latest year (~5.6%) and were negative in 2024, indicating profitability is not consistently strong relative to the capital base.

Cash Flow

Cash generation improved meaningfully versus earlier years: operating cash flow and free cash flow are positive in 2024–2025, and free cash flow in 2025 is roughly in line with net income (~0.97x), suggesting earnings quality is reasonable. The main weakness is volatility—cash flow was negative in 2022 and 2025 free cash flow declined sharply year over year (about -44%), which reduces visibility and consistency.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	655.25M	574.92M	551.02M	387.07M	307.75M
Gross Profit	375.91M	244.83M	267.63M	301.01M	281.55M
EBITDA	70.77M	-17.48M	48.17M	84.47M	151.29M
Net Income	52.42M	-15.75M	32.49M	63.31M	112.92M
Balance Sheet
Total Assets	9.78B	9.90B	9.72B	9.13B	7.64B
Cash, Cash Equivalents and Short-Term Investments	2.50B	2.00B	1.51B	1.31B	1.45B
Total Debt	1.04B	1.00B	921.33M	1.20B	1.07B
Total Liabilities	8.84B	9.01B	8.98B	8.42B	6.81B
Stockholders Equity	938.80M	890.47M	736.07M	707.82M	834.48M
Cash Flow
Free Cash Flow	97.96M	74.79M	15.79M	-59.79M	60.85M
Operating Cash Flow	100.50M	82.19M	26.72M	-49.16M	67.43M
Investing Cash Flow	-501.10M	-576.66M	-606.62M	-1.40B	385.32M
Financing Cash Flow	441.10M	762.96M	611.17M	1.46B	-392.93M

Amerant Bancorp Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 21.73
• 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 Neutral. The current price of 21.73 is below the 20-day moving average (MA) of 22.34, above the 50-day MA of 21.23, and above the 200-day MA of 19.37, indicating a neutral trend. The MACD of 0.14 indicates Positive momentum. The RSI at 48.89 is Neutral, neither overbought nor oversold. The STOCH value of 33.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	11.29	13.88%	1.70%	4.33%	-2.20%
UVSP	70 Outperform	$957.09M	10.71	9.61%	2.59%	4.49%	20.44%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CFFN	65 Neutral	$940.07M	12.79	6.53%	4.73%	6.27%	79.25%
NBN	65 Neutral	$901.08M	10.70	19.62%	0.04%	33.22%	38.44%
AMTB	56 Neutral	$874.22M	17.00	7.21%	1.79%	15.37%	―
SBSI	53 Neutral	$944.40M	13.68	8.53%	4.59%	-4.08%	-16.80%

Amerant Bancorp Corporate Events

Amerant Bancorp Details Post-Transformation Strategy and Leadership Shift

Amerant Bancorp Inc., a Florida-focused bank holding company serving retail, commercial and international customers, has built an established franchise in South Florida, Tampa and Central Florida with a strong deposit base and a vertically integrated offering for Latin American clients. The institution complements its core banking with wealth management and custody services and operates on a new integrated technology platform, targeting sustainable growth and improved efficiency in its chosen markets.

On Feb. 11–12, 2026, Amerant presented an investor update deck outlining its strategy following a multiyear transformation that included a core system conversion and the exit from non-core markets in New York and Texas. The materials highlighted the company’s emphasis on organic growth in Florida, continued investment in business development and credit risk talent, and the leadership transition to interim CEO Carlos Iafigliola, underscoring management’s focus on risk management, digital transformation and achieving top-quartile performance for shareholders.

The most recent analyst rating on (AMTB) stock is a Hold 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 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.