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NASDAQ:AMTB

Amerant Bancorp (AMTB) Stock Price, News & Analysis

$20.73
-0.25 (-1.19%)
(As of 09/6/2024 ET)
Today's Range
$20.44
$21.18
50-Day Range
$18.93
$26.72
52-Week Range
$16.63
$27.00
Volume
52,346 shs
Average Volume
107,632 shs
Market Capitalization
$698.93 million
P/E Ratio
30.49
Dividend Yield
1.74%
Price Target
$25.20
AMTB stock logo

About Amerant Bancorp Stock (NASDAQ:AMTB)

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. It offers checking, savings, business, and money market accounts; cash management services; and certificates of deposits. The company also provides variable and fixed rate commercial real estate loans; owner-occupied; single-family residential; commercial; and consumer loans and overdrafts, such as automobile, personal, or loans secured by cash or securities and revolving credit card agreements. In addition, it 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, the company 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. It operates banking centers in Florida and Texas. 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.

AMTB Stock Price History

AMTB Stock News Headlines

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War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
Amerant Reports Second Quarter 2024 Results
See More Headlines
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Company Calendar

Last Earnings
7/24/2024
Ex-Dividend for 8/30 Dividend
8/15/2024
Dividend Payable
8/30/2024
Today
9/07/2024
Next Earnings (Estimated)
10/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
Banking
Current Symbol
NASDAQ:AMTB
Fax
N/A
Employees
680
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$25.20
High Stock Price Target
$27.00
Low Stock Price Target
$24.00
Potential Upside/Downside
+21.6%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$32.49 million
Pretax Margin
4.14%

Debt

Sales & Book Value

Annual Sales
$334.26 million
Cash Flow
$2.15 per share
Book Value
$21.92 per share

Miscellaneous

Free Float
29,168,000
Market Cap
$698.93 million
Optionable
Optionable
Beta
1.00
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Key Executives

  • Mr. Gerald Paul Plush C.M.A. (Age 66)
    CPA, Chairman, President & CEO
    Comp: $1.03M
  • Ms. Sharymar Calderon Yepez CPA (Age 36)
    Executive VP & CFO
    Comp: $436.55k
  • Mr. Carlos Iafigliola (Age 46)
    Senior EVP & COO
    Comp: $751.74k
  • Mr. Alberto Manuel Capriles Santander (Age 56)
    Senior EVP & Chief Risk Officer
    Comp: $703.43k
  • Mr. Howard Levine (Age 52)
    Senior EVP & Head of Consumer Banking
    Comp: $843.87k
  • Mr. Juan Esterripa (Age 50)
    Senior EVP & Head of Commercial Banking
    Comp: $1.08M
  • Mr. Armando D. Fleitas (Age 47)
    Executive VP & Chief Accounting Officer
  • Ms. Laura Rossi
    Senior VP, Head of Investor Relations & Sustainability
  • Ms. Mariola Sanchez (Age 51)
    Senior Executive VP & Chief People Officer
  • Mr. Julio V. Pena
    Senior VP of Securities Counsel & Assistant Corporate Secretary

AMTB Stock Analysis - Frequently Asked Questions

How have AMTB shares performed this year?

Amerant Bancorp's stock was trading at $24.57 on January 1st, 2024. Since then, AMTB stock has decreased by 15.6% and is now trading at $20.73.
View the best growth stocks for 2024 here
.

How were Amerant Bancorp's earnings last quarter?

Amerant Bancorp Inc. (NASDAQ:AMTB) issued its earnings results on Wednesday, July, 24th. The company reported $0.28 earnings per share for the quarter, missing analysts' consensus estimates of $0.35 by $0.07. The business earned $98.78 million during the quarter, compared to analysts' expectations of $93.19 million. Amerant Bancorp had a net margin of 3.15% and a trailing twelve-month return on equity of 7.78%.

What is Jerry Plush's approval rating as Amerant Bancorp's CEO?

15 employees have rated Amerant Bancorp Chief Executive Officer Jerry Plush on Glassdoor.com. Jerry Plush has an approval rating of 70% among the company's employees. 65.0% of employees surveyed would recommend working at Amerant Bancorp to a friend.

When did Amerant Bancorp IPO?

Amerant Bancorp (AMTB) raised $82 million in an initial public offering on the week of December 17th 2018. The company issued 6,300,000 shares at a price of $13.00 per share. Raymond James, Keefe, Bruyette & Woods (A Stifel Company) and Stephens served as the underwriters for the IPO and SunTrust Robinson Humphrey and FIG Partners were co-managers.

Who are Amerant Bancorp's major shareholders?

Top institutional investors of Amerant Bancorp include Dimensional Fund Advisors LP (2.56%), American Century Companies Inc. (1.18%), Bank of New York Mellon Corp (0.46%) and Foundry Partners LLC (0.39%). Insiders that own company stock include A Gustavo J Vollmer, Gerald P Plush, Frederick C Copeland Jr, Carlos Iafigliola, Armando Fleitas, Silvio Marshall Martin, Sharymar Calderon, Howard A Levine, Juan Esterripa, John Quelch, M Gustavo Marturet and Millar Wilson.
View institutional ownership trends
.

How do I buy shares of Amerant Bancorp?

Shares of AMTB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Amerant Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Amerant Bancorp investors own include Wells Fargo & Company (WFC), Weyerhaeuser (WY), BioMarin Pharmaceutical (BMRN), CBTX (CBTX), General Mills (GIS) and GSK (GSK).

This page (NASDAQ:AMTB) was last updated on 9/7/2024 by MarketBeat.com Staff

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