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 a range of checking and savings accounts, certificates of deposit, and money market accounts. the company 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. in addition, it offers trust and estate planning products and services, brokerage and investment advisory services in global capital markets, and wealth management and fiduciary services. further, the company provides debit and credit cards; remote deposit
Company profile
Ticker
AMTB
Exchange
Website
CEO
Gerald Paul Plush
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Mercantil Bank Holding Corp
SEC CIK
Corporate docs
Subsidiaries
Amerant SPV, LLC • PCS Capital SPV, LLC • Amerant Investment Services Inc. • Amerant Ventures, LLC • Amerant Mortgage, LLC • CB Reit Holding Corporation • CB Real Estate Investment, Inc. • Elant Bank & Trust Ltd. • 220 Alhambra Properties LLC • MCNA Properties IV LLC ...
IRS number
650032379
AMTB stock data
Latest filings (excl ownership)
8-K/A
Regulation FD Disclosure
15 Mar 24
10-K
2023 FY
Annual report
7 Mar 24
8-K
Regulation FD Disclosure
13 Feb 24
8-K
Amerant Reports Fourth Quarter 2023 and Full-year 2023 Results
24 Jan 24
8-K
Amerant Bancorp Inc. Declares Dividend
18 Jan 24
8-K
Entry into a Material Definitive Agreement
16 Jan 24
8-K
Departure of Directors or Certain Officers
3 Jan 24
8-K
Other Events
15 Dec 23
8-K
Amendments to the Registrant's Code of Ethics, or Waiver of a Provision of the Code of Ethics
12 Dec 23
8-K
Regulation FD Disclosure
14 Nov 23
Transcripts
AMTB
Earnings call transcript
2023 Q4
25 Jan 24
AMTB
Earnings call transcript
2023 Q3
20 Oct 23
AMTB
Earnings call transcript
2023 Q2
21 Jul 23
AMTB
Earnings call transcript
2023 Q1
21 Apr 23
AMTB
Earnings call transcript
2022 Q4
20 Jan 23
AMTB
Earnings call transcript
2022 Q3
21 Oct 22
AMTB
Earnings call transcript
2022 Q2
21 Jul 22
AMTB
Earnings call transcript
2022 Q1
21 Apr 22
AMTB
Earnings call transcript
2021 Q4
20 Jan 22
AMTB
Earnings call transcript
2021 Q3
21 Oct 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 308.95 mm | 308.95 mm | 308.95 mm | 308.95 mm | 308.95 mm | 308.95 mm |
Cash burn (monthly) | 45.37 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 255.83 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 53.13 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 1.2 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
39.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 86 |
Opened positions | 9 |
Closed positions | 11 |
Increased positions | 29 |
Reduced positions | 35 |
13F shares | Current |
---|---|
Total value | 224.90 bn |
Total shares | 13.19 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Wellington Management | 2.75 mm | $47.22 bn |
Patriot Financial Partners GP | 2.04 mm | $35.02 bn |
BLK Blackrock | 2.02 mm | $34.75 bn |
Vanguard | 1.54 mm | $26.45 bn |
STT State Street | 658.99 k | $11.33 bn |
Dimensional Fund Advisors | 570.23 k | $9.80 bn |
Geode Capital Management | 531.47 k | $9.14 bn |
Kennedy Capital Management | 273.27 k | $4.70 bn |
American Century Companies | 262.88 k | $4.52 bn |
Perry Creek Capital | 259.13 k | $4.45 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
8 Mar 24 | Silvio Marshall Martin | Class A Common Stock | Payment of exercise | Dispose F | No | No | 22.26 | 102 | 2.27 k | 7,244.705 |
8 Mar 24 | Silvio Marshall Martin | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 416 | 0.00 | 7,346.705 |
8 Mar 24 | Silvio Marshall Martin | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 416 | 0.00 | 2,501 |
1 Mar 24 | Silvio Marshall Martin | Class A Common Stock | Acquire L | No | No | 20.8 | 6.6 | 137.28 | 6,930.705 | |
16 Feb 24 | Gerald P Plush | Class A Common Stock | Payment of exercise | Dispose F | No | No | 22.49 | 56,762 | 1.28 mm | 143,212.12 |
16 Feb 24 | Gerald P Plush | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 39,451 | 0.00 | 199,974.12 |
16 Feb 24 | Gerald P Plush | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 64,364 | 0.00 | 160,523.12 |
16 Feb 24 | Gerald P Plush | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 40,428 | 0.00 | 96,159.12 |
16 Feb 24 | Gerald P Plush | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 28,416 | 0.00 | 28,416 |
16 Feb 24 | Gerald P Plush | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 25,611 | 0.00 | 25,611 |
News
Commercial Real Estate Woes Trigger Shockwaves In Regional Banking Stocks
1 Feb 24
Keefe, Bruyette & Woods Maintains Market Perform on Amerant Bancorp, Raises Price Target to $28-Report Released on 25 January 2024
26 Jan 24
Evaluating Amerant Bancorp: Insights From 4 Financial Analysts
26 Jan 24
Piper Sandler Downgrades Amerant Bancorp to Neutral, Announces $25 Price Target
26 Jan 24
Raymond James Maintains Outperform on Amerant Bancorp, Raises Price Target to $27
26 Jan 24
Press releases
AMERANT BANK EXPANDS FOOTPRINT IN BROWARD COUNTY WITH THE OPENING OF NEW LAS OLAS BANKING CENTER IN GREATER FT. LAUDERDALE
5 Mar 24
AMERANT BANK OPENS FIRST BANKING CENTER IN THE GREATER TAMPA AREA
1 Feb 24
AMERANT BANK PROVIDES FINANCING TO FRESCO RETAIL GROUP, LLC FOR THE ACQUISITION OF FRESCO Y MÁS OPERATIONS AND LOCATIONS
29 Jan 24
Amerant Reports Fourth Quarter 2023 and Full-Year 2023 Results
24 Jan 24
Amerant Bancorp Inc. Declares Dividend
18 Jan 24