AMTB RSI Chart
Last 7 days
4.7%
Last 30 days
1.5%
Last 90 days
2.1%
Trailing 12 Months
36.2%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 568.1M | 0 | 0 | 0 |
2023 | 398.8M | 466.1M | 516.4M | 548.6M |
2022 | 252.6M | 262.6M | 290.3M | 338.8M |
2021 | 249.6M | 246.6M | 246.1M | 247.8M |
2020 | 304.0M | 288.9M | 272.6M | 260.6M |
2019 | 317.7M | 321.0M | 319.6M | 313.0M |
2018 | 282.2M | 291.5M | 299.7M | 309.4M |
2017 | 0 | 250.3M | 261.8M | 273.3M |
2016 | 0 | 0 | 0 | 238.8M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 17, 2024 | esterripa juan | sold (taxes) | -49,691 | 20.8 | -2,389 | see remarks |
Apr 17, 2024 | esterripa juan | acquired | - | - | 9,806 | see remarks |
Mar 08, 2024 | martin silvio marshall | sold (taxes) | -2,270 | 22.26 | -102 | evp & chief legal officer |
Mar 08, 2024 | martin silvio marshall | acquired | - | - | 416 | evp & chief legal officer |
Mar 01, 2024 | martin silvio marshall | acquired | 137 | 20.8 | 6.6 | evp & chief legal officer |
Feb 16, 2024 | calderon sharymar | sold (taxes) | -9,130 | 22.49 | -406 | evp - chief financial officer |
Feb 16, 2024 | sanchez mariola | sold (taxes) | -15,225 | 22.49 | -677 | sevp chief people officer |
Feb 16, 2024 | calderon sharymar | acquired | - | - | 833 | evp - chief financial officer |
Feb 16, 2024 | plush gerald p | acquired | - | - | 144,243 | chairman, president & ceo |
Feb 16, 2024 | martin silvio marshall | acquired | - | - | 833 | evp & chief legal officer |
Which funds bought or sold AMTB recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 02, 2024 | NISA INVESTMENT ADVISORS, LLC | unchanged | - | -38.00 | 699 | -% |
May 01, 2024 | Mirae Asset Global Investments Co., Ltd. | unchanged | - | -28,014 | 268,669 | -% |
May 01, 2024 | BNP PARIBAS FINANCIAL MARKETS | added | 89.79 | 136,893 | 308,220 | -% |
May 01, 2024 | CONCOURSE FINANCIAL GROUP SECURITIES, INC. | sold off | - | - | - | -% |
Apr 30, 2024 | Avior Wealth Management, LLC | new | - | 116 | 116 | -% |
Apr 26, 2024 | SALZHAUER MICHAEL | added | 66.72 | 213,716 | 581,971 | 0.44% |
Apr 25, 2024 | SIMPLEX TRADING, LLC | reduced | -73.91 | -18,000 | 5,000 | -% |
Apr 25, 2024 | Zurcher Kantonalbank (Zurich Cantonalbank) | unchanged | - | -5,088 | 92,578 | -% |
Apr 25, 2024 | nVerses Capital, LLC | new | - | 125,766 | 125,766 | 0.30% |
Apr 25, 2024 | Bank of New York Mellon Corp | reduced | -6.78 | -413,841 | 3,141,170 | -% |
Unveiling Amerant Bancorp Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Amerant Bancorp Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 547.1B | 174.7B | 10.87 | 3.13 | ||||
BAC | 291.2B | 127.4B | 11.64 | 2.29 | ||||
WFC | 208.9B | 85.8B | 11.13 | 2.44 | ||||
C | 117.3B | 125.0B | 14.68 | 0.94 | ||||
CFG | 16.2B | 10.2B | 10.1 | 1.59 | ||||
KEY | 14.1B | 8.1B | 16.1 | 1.73 | ||||
MID-CAP | ||||||||
CMA | 7.0B | 4.2B | 10.12 | 1.66 | ||||
ZION | 6.5B | 3.9B | 9.51 | 1.64 | ||||
ABCB | 3.4B | 1.3B | 12.78 | 2.69 | ||||
ASB | 3.3B | 1.8B | 20.6 | 1.8 | ||||
SMALL-CAP | ||||||||
AMNB | 497.6M | 120.2M | 19.02 | 4.14 | ||||
ALRS | 395.3M | 152.4M | 39.76 | 2.59 | ||||
AROW | 391.6M | 162.6M | 13.02 | 2.41 | ||||
ACNB | 282.2M | 96.6M | 8.91 | 2.92 | ||||
ASRV | 41.8M | 60.9M | -12.5 | 0.69 |
Amerant Bancorp Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -0.6% | 145 | 146 | 139 | 138 | 125 | 113 | 89.00 | 71.00 | 65.00 | 65.00 | 61.00 | 61.00 | 60.00 | 63.00 | 62.00 | 64.00 | 71.00 | 75.00 | 78.00 | 79.00 | 80.00 |
EBITDA Margin | -7.5% | 0.63* | 0.68* | 0.82* | 0.88* | 0.97* | 1.04* | 1.31* | 1.38* | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expenses | -4.5% | 78.00 | 82.00 | 79.00 | 84.00 | 82.00 | 82.00 | 70.00 | 59.00 | 56.00 | 56.00 | 52.00 | 50.00 | 48.00 | 49.00 | 45.00 | 46.00 | 49.00 | 51.00 | 53.00 | 54.00 | 55.00 |
Income Taxes | 197.4% | 3.00 | -2.97 | 6.00 | 2.00 | 5.00 | 6.00 | 5.00 | 2.00 | 4.00 | 20.00 | 5.00 | 4.00 | 4.00 | 0.00 | 0.00 | -4.00 | 1.00 | 2.00 | 3.00 | 4.00 | 4.00 |
Earnings Before Taxes | 164.4% | 13.00 | -20.91 | 28.00 | 9.00 | 25.00 | 27.00 | 22.00 | 11.00 | 18.00 | 84.00 | 22.00 | 20.00 | 18.00 | 9.00 | 2.00 | -19.28 | 4.00 | 16.00 | 15.00 | 16.00 | 17.00 |
EBT Margin | -31.0% | 0.05* | 0.08* | 0.17* | 0.18* | 0.21* | 0.23* | 0.47* | 0.51* | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income | 161.7% | 11.00 | -17.12 | 22.00 | 7.00 | 20.00 | 22.00 | 18.00 | 8.00 | 15.00 | 65.00 | 17.00 | 16.00 | 14.00 | 8.00 | 2.00 | -15.28 | 3.00 | 13.00 | 12.00 | 13.00 | 13.00 |
Net Income Margin | -32.0% | 0.04* | 0.06* | 0.14* | 0.14* | 0.17* | 0.19* | 0.37* | 0.40* | - | - | - | - | - | - | - | - | - | - | - | - | - |
Free Cashflow | 95.9% | -0.69 | -16.88 | 48.00 | 7.00 | -22.53 | -19.62 | 13.00 | -39.20 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 1.0% | 9,818 | 9,716 | 9,346 | 9,520 | 9,495 | 9,128 | 8,740 | 8,151 | 7,806 | 7,638 | 7,489 | 7,533 | 7,751 | 7,771 | 7,977 | 8,131 | 8,099 | 7,985 | 7,864 | 7,927 | 7,902 |
Cash Equivalents | 104.9% | 660 | 322 | 309 | 445 | 486 | 291 | 302 | 354 | 276 | 274 | 166 | 172 | 233 | 214 | 227 | 217 | 271 | 121 | 101 | 90.00 | 90.00 |
Net PPE | 2.9% | 45.00 | 44.00 | 43.00 | 44.00 | 42.00 | 42.00 | 41.00 | 39.00 | 38.00 | 38.00 | 109 | 109 | 109 | 110 | 127 | 128 | 128 | 129 | 126 | 124 | 124 |
Goodwill | 0% | 19.00 | 19.00 | 21.00 | 21.00 | 21.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 19.00 | 19.00 | 19.00 |
Liabilities | 1.1% | 9,080 | 8,980 | 8,626 | 8,799 | 8,766 | 8,422 | 8,044 | 7,440 | 7,056 | 6,807 | 6,677 | 6,734 | 6,966 | 6,987 | 7,148 | 7,301 | 7,258 | 7,151 | 7,039 | 7,120 | 7,124 |
Shareholder's Equity | 0.3% | 738 | 736 | 720 | 721 | 729 | 706 | 679 | 698 | 735 | 832 | 813 | 799 | 785 | 783 | 830 | 830 | 841 | 835 | 826 | 806 | 779 |
Retained Earnings | 1.2% | 618 | 611 | 631 | 612 | 608 | 590 | 588 | 571 | 566 | 553 | 490 | 473 | 457 | 442 | 434 | 432 | 448 | 444 | 432 | 420 | 407 |
Additional Paid-In Capital | -0.2% | 192 | 193 | 194 | 195 | 195 | 195 | 192 | 190 | 208 | 263 | 299 | 300 | 304 | 306 | 360 | 359 | 358 | 419 | 419 | 417 | 416 |
Shares Outstanding | - | - | - | - | 34.00 | 34.00 | 34.00 | 34.00 | 34.00 | 34.00 | 36.00 | - | - | - | - | - | - | - | - | - | - | - |
Minority Interest | - | - | - | 3.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 4.00 | 3.00 | 1.00 | 1.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 503 | - | - | - | 816 | - | - | - | 609 | - | - | - | 119 | - | - | - | 448 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | 119.6% | 2,789 | -14,265 | 48,825 | 10,957 | -18,796 | -17,024 | 16,608 | -36,626 | -12,118 | 27,261 | 8,150 | 24,998 | 7,022 | 6,939 | 23,338 | 23,792 | 3,178 | 2,529 | 42,394 | 20,888 | 12,581 |
Share Based Compensation | -6.9% | 1,635 | 1,756 | 1,538 | 1,656 | 1,825 | 1,601 | 1,651 | 1,276 | 1,260 | 1,226 | 1,173 | 1,626 | 757 | 641 | 524 | 750 | 392 | 1,916 | 1,483 | 1,474 | 1,492 |
Cashflow From Investing | 176.5% | 286,728 | -374,614 | 21,455 | -71,354 | -182,105 | -383,912 | -600,767 | -226,379 | -186,188 | 114,371 | 36,555 | 166,870 | 67,523 | 181,244 | 133,629 | -103,332 | 74,798 | -94,307 | 76,013 | -6,453 | 230,590 |
Cashflow From Financing | -88.0% | 48,282 | 401,799 | -206,389 | 19,681 | 396,077 | 389,403 | 532,238 | 340,866 | 200,292 | -33,657 | -49,984 | -253,855 | -55,432 | -200,957 | -147,156 | 25,836 | 71,753 | 111,775 | -107,397 | -13,807 | -239,192 |
Dividend Payments | - | - | - | - | - | 3,017 | - | - | - | 3,154 | - | - | - | - | - | - | - | - | -61,500 | - | - | - |
Buy Backs | - | - | - | 2,708 | 1,659 | 566 | - | - | 17,240 | 54,820 | - | 1,168 | 6,540 | 1,855 | -15,239 | - | - | 15,239 | -28,465 | - | - | 28,465 |
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Interest income | |||
Loans | $ 475,405 | $ 293,210 | $ 216,097 |
Investment securities | 54,860 | 41,413 | 31,500 |
Interest earning deposits with banks and other interest income | 18,314 | 4,153 | 247 |
Total interest income | 548,579 | 338,776 | 247,844 |
Interest expense | |||
Interest bearing demand deposits | 62,551 | 15,118 | 591 |
Savings and money market deposits | 42,356 | 11,808 | 3,533 |
Time deposits | 78,829 | 22,124 | 23,766 |
Advances from the Federal Home Loan Bank | 28,816 | 15,092 | 8,595 |
Senior notes | 3,766 | 3,766 | 3,768 |
Subordinated notes | 1,445 | 1,172 | 0 |
Junior subordinated debentures | 4,345 | 3,030 | 2,449 |
Securities sold under agreements to repurchase | 7 | 1 | 1 |
Total interest expense | 222,115 | 72,111 | 42,703 |
Net interest income | 326,464 | 266,665 | 205,141 |
Provision for (reversal of) credit losses | 61,277 | 13,945 | (16,500) |
Net interest income after provision for (reversal of) credit losses | 265,187 | 252,720 | 221,641 |
Noninterest income | |||
Deposits and service fees | 19,376 | 18,592 | 17,214 |
Brokerage, advisory and fiduciary activities | 17,057 | 17,708 | 18,616 |
Gain (loss) on early extinguishment of advances from the Federal Home Loan Bank, net | 40,084 | 10,678 | (2,488) |
Loan level derivative income | 4,580 | 10,360 | 3,951 |
Change in cash surrender value of bank owned life insurance | 5,173 | 5,406 | 5,459 |
Cards and trade finance servicing fees | 3,067 | 2,276 | 1,771 |
Derivative gains, net | 28 | 455 | 0 |
Gain on sale of headquarters building | 0 | 0 | 62,387 |
Securities (losses) gains, net | (10,989) | (3,689) | 3,740 |
Other noninterest income | 9,120 | 5,491 | 9,971 |
Total noninterest income | 87,496 | 67,277 | 120,621 |
Noninterest expense | |||
Salaries and employee benefits | 133,506 | 123,510 | 117,585 |
Occupancy and equipment | 27,843 | 27,393 | 20,364 |
Professional and other services fees | 34,569 | 22,142 | 19,096 |
Telecommunication and data processing | 15,485 | 14,735 | 14,949 |
Advertising expenses | 12,811 | 11,620 | 3,382 |
Loan level derivative expense | 1,910 | 8,146 | 815 |
Contract termination costs | 1,550 | 7,103 | 0 |
FDIC assessments and insurance | 10,601 | 6,598 | 6,423 |
Depreciation and amortization | 6,842 | 5,883 | 7,269 |
Other real estate owned and repossessed assets expense, net | 2,092 | 3,408 | 0 |
Losses on loans held for sale carried at the lower of cost or fair value | 43,057 | 159 | 0 |
Other operating expenses | 21,089 | 10,716 | 8,359 |
Total noninterest expenses | 311,355 | 241,413 | 198,242 |
Income before income tax expense | 41,328 | 78,584 | 144,020 |
Income tax expense | (10,539) | (16,621) | (33,709) |
Net income before attribution of noncontrolling interest | 30,789 | 61,963 | 110,311 |
Noncontrolling interest | (1,701) | (1,347) | (2,610) |
Net income attributable to Amerant Bancorp Inc. | 32,490 | 63,310 | 112,921 |
Other comprehensive income (loss), net of tax | |||
Net unrealized holding gains (losses) on debt securities available for sale arising during the period | 9,357 | (97,151) | (12,960) |
Net unrealized holding (losses) gains on cash flow hedges arising during the period | (15) | 220 | 137 |
Reclassification adjustment for items included in net income | 497 | 1,079 | (3,624) |
Other comprehensive income (loss) | 9,839 | (95,852) | (16,447) |
Comprehensive income (loss) | $ 42,329 | $ (32,542) | $ 96,474 |
Earnings Per Share (Note 23) | |||
Basic earnings per common share (in dollars per share) | $ 0.97 | $ 1.87 | $ 3.04 |
Diluted earnings per common share (in dollars per share) | $ 0.96 | $ 1.85 | $ 3.01 |
Consolidated Balance Sheets - USD ($) | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Assets | ||
Cash and due from banks | $ 47,234,000 | $ 19,486,000 |
Interest earning deposits with banks | 242,709,000 | 228,955,000 |
Restricted cash | 25,849,000 | 42,160,000 |
Other short-term investments | 6,080,000 | 0 |
Cash and cash equivalents | 321,872,000 | 290,601,000 |
Securities | ||
Debt securities available for sale | 1,217,502,000 | 1,057,621,000 |
Debt securities held to maturity, at amortized cost (estimated fair value of $204,945 and $217,609 at December 31, 2023 and 2022, respectively) | 226,645,000 | 242,101,000 |
Equity securities with readily determinable fair value not held for trading | 2,534,000 | 11,383,000 |
Federal Reserve Bank and Federal Home Loan Bank stock | 50,294,000 | 55,575,000 |
Securities | 1,496,975,000 | 1,366,680,000 |
Loans held for sale, at lower of cost or fair value | 365,219,000 | 0 |
Mortgage loans held for sale, at fair value | 26,200,000 | 62,438,000 |
Loans held for investment, gross | 6,873,493,000 | 6,857,194,000 |
Less: allowance for credit losses | 95,504,000 | 83,500,000 |
Loans held for investment, net | 6,777,989,000 | 6,773,694,000 |
Bank owned life insurance | 234,972,000 | 228,412,000 |
Premises and equipment, net | 43,603,000 | 41,772,000 |
Deferred tax assets, net | 55,635,000 | 48,703,000 |
Operating lease right-of-use assets | 118,484,000 | 139,987,000 |
Goodwill | 19,193,000 | 19,506,000 |
Accrued interest receivable and other assets | 256,185,000 | 156,011,000 |
Total assets | 9,716,327,000 | 9,127,804,000 |
Deposits | ||
Noninterest bearing | 1,426,919,000 | 1,367,664,000 |
Interest bearing | 2,560,629,000 | 2,300,469,000 |
Savings and money market | 1,610,218,000 | 1,647,811,000 |
Time | 2,297,097,000 | 1,728,255,000 |
Total deposits | 7,894,863,000 | 7,044,199,000 |
Advances from the Federal Home Loan Bank | 645,000,000 | 906,486,000 |
Senior notes | 59,526,000 | 59,210,000 |
Subordinated notes | 29,454,000 | 29,284,000 |
Junior subordinated debentures held by trust subsidiaries | 64,178,000 | 64,178,000 |
Operating lease liabilities | 123,167,000 | 140,147,000 |
Accounts payable, accrued liabilities and other liabilities | 164,071,000 | 178,574,000 |
Total liabilities | 8,980,259,000 | 8,422,078,000 |
Commitments and contingencies (Note 19) | ||
Stockholders’ equity | ||
Class A common stock, $0.10 par value, 250 million shares authorized; 33,603,242 shares issued and outstanding (2022- 33,815,161 shares issued and outstanding) | 3,361,000 | 3,382,000 |
Additional paid in capital | 192,701,000 | 194,694,000 |
Retained earnings | 610,802,000 | 590,375,000 |
Accumulated other comprehensive loss | (70,796,000) | (80,635,000) |
Total stockholders' equity before noncontrolling interest | 736,068,000 | 707,816,000 |
Noncontrolling interest | 0 | (2,090,000) |
Total stockholders' equity | 736,068,000 | 705,726,000 |
Total liabilities and stockholders' equity | $ 9,716,327,000 | $ 9,127,804,000 |