Amerant BancorpAMTB
AMTB
About: Amerant Bancorp Inc is a bank holding company. Through its bank, it provides individuals and businesses deposit, credit, investment, wealth management, and fiduciary services, both in the United States and to select international customers. The bank also provides banking services through traditional channels, such as banking centers and ATMs, as well as via secure websites, mobile devices, and telephones.
Employees: 81
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
250% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 8
100% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 4 (+2) [Q3]
73% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 26
48% more capital invested
Capital invested by funds: $358M [Q2] → $531M (+$173M) [Q3]
28.15% more ownership
Funds ownership: 46.17% [Q2] → 74.31% (+28.15%) [Q3]
22% more funds holding
Funds holding: 93 [Q2] → 113 (+20) [Q3]
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $24K
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$25
12%
upside
Avg. target
$27
20%
upside
High target
$29
30%
upside
4 analyst ratings
3 positive
75%
1 neutral
25%
0 negative
0%
Keefe, Bruyette & Woods Wood Lay 67% 1-year accuracy 34 / 51 met price target | 25%upside $28 | Market Perform Maintained | 4 Dec 2024 |
Piper Sandler Stephen Scouten 88% 1-year accuracy 21 / 24 met price target | 30%upside $29 | Overweight Maintained | 25 Oct 2024 |
Raymond James Michael Rose 89% 1-year accuracy 31 / 35 met price target | 12%upside $25 | Outperform Maintained | 2 Oct 2024 |
Stephens & Co. Russell Gunther 89% 1-year accuracy 16 / 18 met price target | 12%upside $25 | Overweight Upgraded | 30 Sept 2024 |
Financial journalist opinion
Neutral
GlobeNewsWire
2 weeks ago
AMERANT BANK PARTNERS WITH SEDANO'S SUPERMARKETS, LAUNCHES COMMUNITY-DRIVEN CAMPAIGN TO BENEFIT CENTRO MATER
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Neutral
GlobeNewsWire
1 month ago
AMERANT BANK ANNOUNCES HIRE OF BRADEN R. SMITH AS SENIOR EXECUTIVE VICE PRESIDENT, CHIEF BUSINESS DEVELOPMENT OFFICER AND PROMOTION OF SHARYMAR CALDERON TO SENIOR EXECUTIVE VICE PRESIDENT
Miami, Fl, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Amerant Bank, Florida's bank of choice with a growing presence across South Florida, has named Braden R. Smith as SEVP, Chief Business Development Officer. In this key role, Smith will be responsible for identifying, evaluating, and pursuing business opportunities that align with Amerant's strategic growth objectives for and across all lines of business.
Neutral
Business Wire
1 month ago
MidFirst Bank Completes Acquisition of Amerant Bank Locations in Houston
OKLAHOMA CITY--(BUSINESS WIRE)--MidFirst Bank ("MidFirst" or the “Company”), the largest privately owned bank in the nation, today announced the successful completion of its previously announced acquisition of the Houston, Texas banking locations of Amerant Bank, N.A. (“Amerant”), the main subsidiary of Amerant Bancorp Inc. (NYSE: AMTB). Through the acquisition, MidFirst gained Amerant's Houston client relationships and added six banking locations and 45 employees. “Houston is a highly desirabl.
Neutral
Business Wire
1 month ago
Amerant Bancorp Inc. Completes the Sale of Texas Operations to MidFirst Bank
CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (“Amerant” or the “Company”) today announced that its wholly owned subsidiary, Amerant Bank, N.A (the “Bank”), completed the sale of its banking operations and six branches in the Houston, Texas metropolitan area to MidFirst Bank, based in Oklahoma City, Oklahoma. The previously announced transaction closed on November 8, 2024 and included approximately $573.9 million of deposits and $479.2 million in loans. "We are pleased.
Neutral
Seeking Alpha
1 month ago
Amerant Bancorp Inc. (AMTB) Q3 2024 Earnings Call Transcript
Amerant Bancorp Inc. (AMBT) Q3 2024 Results Conference Call October 24, 2024 9:00 AM ET Company Participants Laura Rossi - Head of Investor Relations Jerry Plush - Chairman and Chief Executive Officer Sharymar Calderon - Executive Vice President and Chief Financial Officer Conference Call Participants Russell Gunther - Stephens Joe Yanchunis - Raymond James Woody Lay - KBW Operator Greetings, and welcome to the Amerant Third Quarter 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this call is being recorded.
Positive
Zacks Investment Research
1 month ago
Here's What Key Metrics Tell Us About Amerant Bancorp (AMTB) Q3 Earnings
The headline numbers for Amerant Bancorp (AMTB) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
1 month ago
Amerant Bancorp Inc. (AMTB) Beats Q3 Earnings and Revenue Estimates
Amerant Bancorp Inc. (AMTB) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.64 per share a year ago.
Neutral
Business Wire
1 month ago
Amerant Bancorp Inc. Declares Dividend
CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (the “Company” or “Amerant”) today announced that, on October 23, 2024, the Company's Board of Directors declared a cash dividend of $0.09 per-share of Amerant common stock. The dividend is payable on November 29, 2024, to shareholders of record at the close of business on November 14, 2024. About Amerant Bancorp Inc. (NYSE: AMTB) Amerant Bancorp Inc. is a bank holding company headquartered in Coral Gables, Florida since 197.
Neutral
Business Wire
1 month ago
Amerant Reports Third Quarter 2024 Results
CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (the “Company” or “Amerant”) today reported a net loss attributable to the Company of $48.2 million in the third quarter of 2024, or $1.43 loss per diluted share, compared to net income of $5.0 million, or $0.15 income per diluted share, in the second quarter of 2024. On September 27, 2024, the Company completed a public offering of 8,684,210 shares of its Class A voting common stock, at a price to the public of $19.00 per s.
Negative
Zacks Investment Research
2 months ago
Earnings Preview: Amerant Bancorp Inc. (AMTB) Q3 Earnings Expected to Decline
Amerant Bancorp (AMTB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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