AMTB RSI Chart
Last 7 days
1.6%
Last 30 days
12.2%
Last 90 days
3.8%
Trailing 12 Months
30.0%
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 |
---|---|---|---|---|---|---|
May 02, 2024 | iafigliola carlos | sold | -239,298 | 22.6201 | -10,579 | sevp chief operating officer |
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 | iafigliola carlos | sold (taxes) | -148,164 | 22.49 | -6,588 | sevp chief operating 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 |
Which funds bought or sold AMTB recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -4.97 | -72,426 | 657,500 | -% |
May 15, 2024 | BANK OF AMERICA CORP /DE/ | added | 11.58 | 76,997 | 1,412,350 | -% |
May 15, 2024 | CITADEL ADVISORS LLC | reduced | -29.21 | -33,152 | 67,634 | -% |
May 15, 2024 | GOLDMAN SACHS GROUP INC | reduced | -11.01 | -219,706 | 1,184,740 | -% |
May 15, 2024 | Royal Bank of Canada | reduced | -32.85 | -129,000 | 225,000 | -% |
May 15, 2024 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | reduced | -4.14 | -13,937 | 138,692 | -% |
May 15, 2024 | MALTESE CAPITAL MANAGEMENT LLC | added | 100 | 4,890,600 | 10,305,800 | 1.99% |
May 15, 2024 | BRIDGEWAY CAPITAL MANAGEMENT, LLC | sold off | -100 | -743,636 | - | -% |
May 15, 2024 | MENDON CAPITAL ADVISORS CORP | added | 37.93 | 1,250,900 | 4,813,550 | 2.58% |
May 15, 2024 | Voya Investment Management LLC | reduced | -16.85 | -61,523 | 228,894 | -% |
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 | 588.1B | 174.7B | 11.68 | 3.37 | ||||
BAC | 307.4B | 137.9B | 12.28 | 2.23 | ||||
WFC | 213.0B | 85.8B | 11.35 | 2.48 | ||||
C | 122.2B | 125.0B | 15.29 | 0.98 | ||||
CFG | 16.9B | 10.4B | 11.81 | 1.62 | ||||
KEY | 14.5B | 8.1B | 16.61 | 1.78 | ||||
MID-CAP | ||||||||
CMA | 7.3B | 4.2B | 10.46 | 1.71 | ||||
ZION | 6.6B | 4.1B | 10.55 | 1.63 | ||||
ABCB | 3.5B | 1.3B | 12.32 | 2.65 | ||||
ASB | 3.4B | 2.0B | 20.88 | 1.65 | ||||
SMALL-CAP | ||||||||
AMNB | 497.6M | 120.2M | 19.02 | 4.14 | ||||
AROW | 417.1M | 173.1M | 14.3 | 2.41 | ||||
ALRS | 390.4M | 152.4M | 39.27 | 2.56 | ||||
ACNB | 295.5M | 98.7M | 10.04 | 2.99 | ||||
ASRV | 48.0M | 62.5M | -16.24 | 0.77 |
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* | 1.44* | - | - | - | - | - | - | - | - | - | - | - | - |
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* | 0.57* | - | - | - | - | - | - | - | - | - | - | - | - |
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* | 0.45* | - | - | - | - | - | - | - | - | - | - | - | - |
Free Cashflow | 95.9% | -0.69 | -16.88 | 48.00 | 7.00 | -22.53 | -19.62 | 13.00 | -39.20 | -14.03 | - | - | - | - | - | - | - | - | - | - | - | - |
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 (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Interest income | ||
Loans | $ 122,705 | $ 108,501 |
Investment securities | 16,091 | 13,299 |
Interest earning deposits with banks and other interest income | 5,829 | 3,330 |
Total interest income | 144,625 | 125,130 |
Interest expense | ||
Interest bearing demand deposits | 17,736 | 12,855 |
Savings and money market deposits | 14,861 | 7,927 |
Time deposits | 26,124 | 12,834 |
Advances from the Federal Home Loan Bank | 5,578 | 6,763 |
Senior notes | 943 | 942 |
Subordinated notes | 361 | 361 |
Junior subordinated debentures | 1,054 | 1,115 |
Total interest expense | 66,657 | 42,797 |
Net interest income | 77,968 | 82,333 |
Provision for credit losses | 12,400 | 11,700 |
Net interest income after provision for credit losses | 65,568 | 70,633 |
Noninterest income | ||
Deposits and service fees | 4,325 | 4,955 |
Brokerage, advisory and fiduciary activities | 4,327 | 4,182 |
Change in cash surrender value of bank owned life insurance | 2,342 | 1,412 |
Loan-level derivative income | 466 | 2,071 |
Cards and trade finance servicing fees | 1,223 | 533 |
Gain on early extinguishment of advances from the Federal Home Loan Bank, net | 0 | 13,173 |
Derivative (losses) gains, net | (152) | 14 |
Securities losses, net | (54) | (9,731) |
Other noninterest income | 2,011 | 2,734 |
Total noninterest income | 14,488 | 19,343 |
Noninterest expense | ||
Salaries and employee benefits | 32,958 | 34,876 |
Professional and other services fees | 10,963 | 7,628 |
Occupancy and equipment | 6,476 | 6,798 |
Telecommunication and data processing | 3,533 | 3,064 |
Advertising expenses | 3,078 | 2,586 |
FDIC assessments and insurance | 3,008 | 2,737 |
Depreciation and amortization | 1,477 | 1,292 |
Loan-level derivative expense | 4 | 1,600 |
Other real estate owned and repossessed assets (income) expense, net | (354) | 0 |
Other operating expenses | 5,451 | 4,152 |
Total noninterest expenses | 66,594 | 64,733 |
Income before income tax expense | 13,462 | 25,243 |
Income tax expense | (2,894) | (5,301) |
Net income before attribution of noncontrolling interest | 10,568 | 19,942 |
Noncontrolling interest | 0 | (244) |
Net income attributable to Amerant Bancorp Inc. | 10,568 | 20,186 |
Other comprehensive loss, net of tax | ||
Net unrealized holding (losses) gains on debt securities available for sale arising during the period | (5,104) | 6,117 |
Net unrealized holding gains (losses) on cash flow hedges arising during the period | 227 | (188) |
Reclassification adjustment for items included in net income | (211) | 387 |
Other comprehensive (loss) income | (5,088) | 6,316 |
Comprehensive income | $ 5,480 | $ 26,502 |
Earnings Per Share (Note 13): | ||
Basic earnings per common share (in dollars per share) | $ 0.32 | $ 0.60 |
Diluted earnings per common share (in dollars per share) | $ 0.31 | $ 0.60 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Assets | ||
Cash and due from banks | $ 41,231 | $ 47,234 |
Interest earning deposits with banks | 577,843 | 242,709 |
Restricted cash | 33,897 | 25,849 |
Other short-term investments | 6,700 | 6,080 |
Cash and cash equivalents | 659,671 | 321,872 |
Securities | ||
Debt securities available for sale, at fair value | 1,298,073 | 1,217,502 |
Debt securities held to maturity, at amortized cost (estimated fair value of $198,909 and $204,945 at March 31, 2024 and December 31, 2023, respectively) | 224,014 | 226,645 |
Equity securities with readily determinable fair value not held for trading | 2,480 | 2,534 |
Federal Reserve Bank and Federal Home Loan Bank stock | 54,001 | 50,294 |
Securities | 1,578,568 | 1,496,975 |
Loans held for sale, at lower of cost or fair value | 0 | 365,219 |
Mortgage loans held for sale, at fair value | 48,908 | 26,200 |
Loans held for investment, gross | 6,957,475 | 6,873,493 |
Less: Allowance for credit losses | 96,050 | 95,504 |
Loans held for investment, net | 6,861,425 | 6,777,989 |
Bank owned life insurance | 237,314 | 234,972 |
Premises and equipment, net | 44,877 | 43,603 |
Deferred tax assets, net | 48,302 | 55,635 |
Operating lease right-of-use assets | 117,171 | 118,484 |
Goodwill | 19,193 | 19,193 |
Accrued interest receivable and other assets | 202,343 | 256,185 |
Total assets | 9,817,772 | 9,716,327 |
Deposits | ||
Noninterest bearing | 1,397,331 | 1,426,919 |
Interest bearing | 2,619,115 | 2,560,629 |
Savings and money market | 1,616,719 | 1,610,218 |
Time | 2,245,078 | 2,297,097 |
Total deposits | 7,878,243 | 7,894,863 |
Advances from the Federal Home Loan Bank | 715,000 | 645,000 |
Senior notes | 59,605 | 59,526 |
Subordinated notes | 29,497 | 29,454 |
Junior subordinated debentures held by trust subsidiaries | 64,178 | 64,178 |
Operating lease liabilities | 122,267 | 123,167 |
Accounts payable, accrued liabilities and other liabilities | 210,897 | 164,071 |
Total liabilities | 9,079,687 | 8,980,259 |
Contingencies (Note 11) | ||
Stockholders’ equity | ||
Class A common stock, $0.10 par value, 250 million shares authorized; $33,709,395 shares issued and outstanding at March 31, 2024 ($33,603,242 shares issued and outstanding at December 31, 2023) | 3,373 | 3,361 |
Additional paid in capital | 192,237 | 192,701 |
Retained earnings | 618,359 | 610,802 |
Accumulated other comprehensive loss | (75,884) | (70,796) |
Total stockholders' equity | 738,085 | 736,068 |
Total liabilities and stockholders' equity | $ 9,817,772 | $ 9,716,327 |