Amerant Bancorp Inc. is a bank holding company headquartered in Coral Gables, Florida since 1979. The Company operates through its main subsidiaries, Amerant Bank, N.A. (the 'Bank'), Amerant Investments, Inc., Amerant Trust, N.A., Elant Bank and Trust Ltd. and Amerant Mortgage, LLC. The Company provides individuals and businesses in the U.S., as well as select international clients, with deposit, credit and wealth management services. The Bank, which has operated for over 40 years, is the second largest community bank headquartered in Florida. The Bank operates 25 banking centers - 18 in South Florida and 7 in the Houston, Texas area, as well as a commercial real estate loan production office in New York City.
Company profile
Ticker
AMTB
Exchange
Website
CEO
Gerald Paul Plush
Employees
Incorporated
Location
Fiscal year end
Sector
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
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Amerant Bancorp Inc. Appoints Sharymar Calderón
9 May 23
10-Q
2023 Q1
Quarterly report
2 May 23
ARS
2022 FY
Annual report to shareholders
26 Apr 23
DEFA14A
Additional proxy soliciting materials
26 Apr 23
DEF 14A
Definitive proxy
26 Apr 23
8-K
Departure of Directors or Certain Officers
21 Apr 23
8-K
Amerant Reports First Quarter 2023 Results
20 Apr 23
8-K
Amerant Bancorp Names Ashaki Rucker to its Board of Directors
5 Apr 23
8-K
Departure of Directors or Certain Officers
3 Apr 23
8-K/A
Departure of Directors or Certain Officers
10 Mar 23
Transcripts
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
AMTB
Earnings call transcript
2021 Q2
22 Jul 21
AMTB
Earnings call transcript
2021 Q1
1 May 21
AMTB
Earnings call transcript
2020 Q4
29 Jan 21
Latest ownership filings
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 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) | 485.78 mm | 485.78 mm | 485.78 mm | 485.78 mm | 485.78 mm | 485.78 mm |
| Cash burn (monthly) | (no burn) | (no burn) | (no burn) | (no burn) | 6.27 mm | 4.65 mm |
| Cash used (since last report) | n/a | n/a | n/a | n/a | 14.47 mm | 10.75 mm |
| Cash remaining | n/a | n/a | n/a | n/a | 471.30 mm | 475.03 mm |
| Runway (months of cash) | n/a | n/a | n/a | n/a | 75.2 | 102.1 |
Institutional ownership, Q1 2023
38.1% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 87 |
| Opened positions | 13 |
| Closed positions | 13 |
| Increased positions | 30 |
| Reduced positions | 28 |
| 13F shares | Current |
|---|---|
| Total value | 277.34 bn |
| Total shares | 12.87 mm |
| Total puts | 10.90 k |
| Total calls | 8.10 k |
| Total put/call ratio | 1.3 |
| Largest owners | Shares | Value |
|---|---|---|
| Wellington Management | 2.41 mm | $52.44 bn |
| Patriot Financial Partners GP | 2.08 mm | $45.22 bn |
| BLK Blackrock | 1.96 mm | $42.74 bn |
| Vanguard | 1.54 mm | $33.61 bn |
| STT State Street | 655.85 k | $14.27 bn |
| Dimensional Fund Advisors | 570.11 k | $12.40 bn |
| Geode Capital Management | 527.23 k | $11.47 bn |
| Kennedy Capital Management | 273.27 k | $5.95 bn |
| Perry Creek Capital | 259.13 k | $5.64 bn |
| American Century Companies | 241.29 k | $5.14 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Jun 23 | Sharymar Calderon | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 9,459 | 0.00 | 9,459 |
| 1 Jun 23 | Sharymar Calderon | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 6,306 | 0.00 | 8,806 |
| 1 Jun 23 | Sharymar Calderon | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 5,605 | 0.00 | 5,605 |
| 9 May 23 | Armando Fleitas | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 2,500 | 0.00 | 2,500 |
| 26 Apr 23 | Juan Esterripa | Class A Common Stock | Buy | Acquire P | No | No | 18.256 | 1,000 | 18.26 k | 1,000 |
| 25 Apr 23 | Gerald P Plush | Class A Common Stock | Buy | Acquire P | No | No | 18.169 | 2,500 | 45.42 k | 54,864.75 |
News
Stocks That Hit 52-Week Lows On Thursday
4 May 23
Raymond James Maintains Outperform on Amerant Bancorp, Lowers Price Target to $26
24 Apr 23
Stocks That Hit 52-Week Lows On Friday
21 Apr 23
Stephens & Co. Reiterates Equal-Weight on Amerant Bancorp, Maintains $24 Price Target
21 Apr 23
Amerant Bancorp Q1 Adj. EPS $0.59 Misses $0.69 Estimate
20 Apr 23
Press releases
KBRA Affirms Ratings for Amerant Bancorp Inc.
19 May 23
Amerant Bancorp Inc. Appoints Sharymar Calderón as Chief Financial Officer
9 May 23
Amerant Bancorp Inc. Declares Dividend
20 Apr 23
Amerant Reports First Quarter 2023 Results
20 Apr 23
Amerant Bank Names Caroline Vérot Moore Houston Market President
18 Apr 23