XNYSAMTB
Market cap952mUSD
Dec 24, Last price
22.62USD
1D
0.00%
1Q
8.54%
IPO
26.09%
Name
Amerant Bancorp Inc
Chart & Performance
P/E
29.32
P/S
2.90
EPS
0.77
Div Yield, %
1.27%
Shrs. gr., 5y
-4.54%
Rev. gr., 5y
3.87%
Revenues
329m
+23.34%
Net income
32m
-30.41%
CFO
27m
P
Earnings
Jan 22, 2025
Profile
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 capture, online and mobile banking, night depository, direct deposit, and treasury management services; and cashier's checks, safe deposit boxes, and letters of credit, as well as automated teller machines. As of April 10, 2020, it operated 27 banking centers comprising 19 in South Florida and 8 in Houston, Texas, as well as loan production offices in Dallas, Texas, and New York. 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.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
| Income | |||||||||
Revenues | 328,909 23.34% | 266,665 29.99% | 205,141 -22.03% | ||||||
Cost of revenue | 156,918 | (42,937) | (30,470) | ||||||
Unusual Expense (Income) | |||||||||
NOPBT | 171,991 | 309,602 | 235,611 | ||||||
NOPBT Margin | 52.29% | 116.10% | 114.85% | ||||||
Operating Taxes | 10,539 | 16,621 | 33,709 | ||||||
Tax Rate | 6.13% | 5.37% | 14.31% | ||||||
NOPAT | 161,452 | 292,981 | 201,902 | ||||||
Net income | 32,490 -30.41% | 46,689 -41.06% | 79,212 -4,700.00% | ||||||
Dividends | (12,063) | (12,230) | |||||||
Dividend yield | 1.46% | 1.33% | |||||||
Proceeds from repurchase of equity | (5,456) | (73,123) | (48,038) | ||||||
BB yield | 0.66% | 7.98% | 3.70% | ||||||
| Debt | |||||||||
Debt current | 317,867 | 14,298 | |||||||
Long-term debt | 1,044,492 | 1,339,452 | 1,069,244 | ||||||
Deferred revenue | |||||||||
Other long-term liabilities | (1,199,305) | (932,649) | |||||||
Net debt | (455,503) | (959,848) | (1,659,731) | ||||||
| Cash flow | |||||||||
Cash from operating activities | 26,721 | (49,160) | 67,431 | ||||||
CAPEX | (75,948) | (10,629) | (6,577) | ||||||
Cash from investing activities | (606,618) | (1,397,246) | 385,319 | ||||||
Cash from financing activities | 611,168 | 1,462,799 | (392,928) | ||||||
FCF | (3,486,392) | 2,809,069 | 712,596 | ||||||
| Balance | |||||||||
Cash | 53,314 | 1,306,062 | 1,449,527 | ||||||
Long term investments | 1,446,681 | 1,311,105 | 1,293,746 | ||||||
Excess cash | 1,483,550 | 2,603,834 | 2,733,016 | ||||||
Stockholders' equity | 543,367 | 511,032 | 569,363 | ||||||
Invested Capital | 9,172,960 | 3,487,183 | 4,378,344 | ||||||
ROIC | 2.55% | 7.45% | 4.22% | ||||||
ROCE | 1.77% | 7.74% | 4.76% | ||||||
| EV | |||||||||
Common stock shares outstanding | 33,675 | 34,143 | 37,528 | ||||||
Price | 24.57 -8.46% | 26.84 -22.32% | 34.55 127.30% | ||||||
Market cap | 827,404 -9.71% | 916,386 -29.32% | 1,296,576 104.38% | ||||||
EV | 371,901 | (45,552) | (365,765) | ||||||
EBITDA | 178,833 | 315,485 | 242,880 | ||||||
EV/EBITDA | 2.08 | ||||||||
Interest | 222,115 | 72,111 | 42,703 | ||||||
Interest/NOPBT | 129.14% | 23.29% | 18.12% | ||||||