NYSE : AMTB
Amerant Bancorp Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 29.9 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 1.17B
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 430.03M | 479.43M | 505.48M | 475.40M | 293.21M | 216.10M |
| Interest Income on Investments | 127.23M | 118.00M | 90.11M | 73.17M | 45.57M | 31.75M |
| Total Interest Income | 557.26M | 597.43M | 595.59M | 548.58M | 338.78M | 247.84M |
| Interest Paid on Deposits | 181.02M | 200.90M | 230.91M | 183.74M | 49.05M | 27.89M |
| Interest Paid on Borrowings | 32.77M | 35.84M | 38.72M | 38.38M | 23.06M | 14.81M |
| Total Interest Expense | 213.79M | 236.74M | 269.63M | 222.12M | 72.11M | 42.70M |
| Net Interest Income | 343.47M | 360.69M | 325.96M | 326.46M | 266.67M | 205.14M |
| Gain (Loss) on Sale of Assets | 12.64M | 62.39M | ||||
| Gain (Loss) on Sale of Investments | 2.95M | 5.10M | -76.86M | -10.99M | -3.69M | 3.74M |
| Other Non-Interest Income | 50.85M | 53.40M | 52.35M | 39.02M | 41.70M | 39.77M |
| Total Non-Interest Income | 75.21M | 78.60M | 8.29M | 47.41M | 56.60M | 123.11M |
| Revenues Before Loan Losses | 418.68M | 439.29M | 334.25M | 373.88M | 323.26M | 328.25M |
| Provision for Loan Losses | 22.24M | 42.60M | 60.46M | 61.28M | 13.95M | -16.50M |
| Revenue | 396.44M | 396.69M | 273.79M | 312.60M | 309.32M | 344.75M |
| Salaries and Employee Benefits | 138.70M | 137.83M | 131.48M | 122.20M | 114.39M | 108.58M |
| Occupancy Expenses | 13.62M | 14.38M | 17.38M | 14.98M | 14.73M | 16.89M |
| Federal Deposit Insurance | 10.77M | 11.43M | 11.57M | 10.60M | 6.60M | 6.42M |
| Selling, General & Administrative | 103.90M | 110.56M | 99.75M | 86.25M | 70.90M | 51.85M |
| Other Non-Interest Expense | 36.76M | 48.02M | 34.47M | 66.06M | 19.02M | 9.17M |
| Total Non-Interest Expense | 304.76M | 323.08M | 299.49M | 302.18M | 229.05M | 192.93M |
| EBT Excluding Unusual Items | 91.68M | 73.61M | -25.70M | 10.42M | 80.27M | 151.82M |
| Other Unusual Items | 687.00K | 12.00K | 1.62M | 40.08M | 10.68M | -2.49M |
| Pretax Income | 85.47M | 66.14M | -24.08M | 41.33M | 78.58M | 144.02M |
| Income Tax Expense | 18.13M | 13.72M | -8.33M | 10.54M | 16.62M | 33.71M |
| Earnings From Continuing Operations | 67.33M | 52.42M | -15.75M | 30.79M | 61.96M | 110.31M |
| Minority Interest in Earnings | 1.70M | 1.35M | 2.61M | |||
| Net Income | 67.33M | 52.42M | -15.75M | 32.49M | 63.31M | 112.92M |
| Net Income to Common | 67.33M | 52.42M | -15.75M | 32.49M | 63.31M | 112.92M |
| Basic Shares Outstanding | 39.93M | 41.58M | 35.76M | 33.51M | 33.86M | 37.17M |
| Diluted Shares Outstanding | 40.14M | 41.73M | 35.76M | 33.68M | 34.14M | 37.53M |
| EPS (Basic) | 1.69 | 1.26 | -0.44 | 0.97 | 1.87 | 3.04 |
| EPS (Diluted) | 1.68 | 1.26 | -0.44 | 0.96 | 1.85 | 3.01 |
| Dividend Per Share | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 0.06 |
| Effective Tax Rate | 21.22% | 20.75% | 25.50% | 21.15% | 23.41% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 361.47M | 463.95M | 565.96M | 296.02M | 248.44M | 274.21M |
| Investment Securities | 2.94M | 52.07M | 24.58M | 286.12M | 1.08B | 1.18B |
| Trading Asset Securities | 48.01M | 59.93M | 78.25M | 21.87M | ||
| Mortgage-Backed Securities | 2.17B | 1.98B | 1.42B | 1.16B | 242.10M | 118.17M |
| Total Investments | 2.17B | 2.03B | 1.49B | 1.51B | 1.40B | 1.32B |
| Gross Loans | 6.98B | 6.61B | 7.23B | 6.87B | 6.86B | 5.41B |
| Allowance for Loan Losses | -94.84M | -79.28M | -84.96M | -95.50M | -83.50M | -69.90M |
| Net Loans | 6.88B | 6.53B | 7.14B | 6.78B | 6.77B | 5.34B |
| Property, Plant & Equipment | 106.08M | 133.56M | 131.84M | 162.09M | 181.76M | 179.00M |
| Goodwill | 19.19M | 19.19M | 19.19M | 19.51M | 19.51M | |
| Loans Held for Sale | 96.58M | 83.84M | 42.91M | 391.42M | 62.44M | 158.10M |
| Accrued Interest Receivable | 161.76M | 8.10M | 5.70M | 173.90M | 67.95M | 58.77M |
| Restricted Cash | 6.20M | 24.40M | 25.85M | 42.16M | ||
| Long-Term Deferred Tax Assets | 78.12M | 35.57M | 53.54M | 55.63M | 48.70M | 11.30M |
| Other Real Estate Owned & Foreclosed | 10.04M | 15.54M | 18.07M | 20.18M | 9.72M | |
| Other Long-Term Assets | 325.20M | 448.11M | 407.11M | 286.64M | 285.29M | 271.14M |
| Total Assets | 10.21B | 9.78B | 9.90B | 9.72B | 9.13B | 7.64B |
| Accounts Payable | 153.75M | 81.13M | 76.74M | 75.54M | 54.31M | 52.61M |
| Interest Bearing Deposits | 6.16B | 4.92B | 5.08B | 5.16B | 4.75B | 3.61B |
| Institutional Deposits | 1.30B | 1.27B | 1.30B | 928.42M | 840.45M | |
| Non-Interest Bearing Deposits | 2.08B | 1.57B | 1.50B | 1.43B | 1.37B | 1.18B |
| Total Deposits | 8.25B | 7.79B | 7.85B | 7.89B | 7.04B | 5.63B |
| Short-Term Borrowings | 471.54M | 512.62M | 694.43M | 77.16M | 552.20M | |
| Current Portion of Long-Term Debt | 304.82M | |||||
| Current Portion of Leases | 4.90M | 3.80M | 3.80M | 5.20M | 6.40M | |
| Other Current Liabilities | 5.30M | 23.50M | 25.00M | 41.60M | ||
| Long-Term Debt | 78.29M | 29.80M | 89.47M | 88.98M | 88.49M | 58.89M |
| Federal Home Loan Bank Debt, Long-Term | 715.00M | 276.98M | 280.00M | 10.00M | 601.66M | 279.58M |
| Long-Term Leases | 113.94M | 117.46M | 106.07M | 123.17M | 140.15M | 136.59M |
| Trust Preferred Securities | 64.18M | 64.18M | 64.18M | 64.18M | 64.18M | 64.18M |
| Other Long-Term Liabilities | 300.00K | 300.00K | 300.00K | 25.20M | ||
| Total Liabilities | 9.37B | 8.84B | 9.01B | 8.98B | 8.42B | 6.81B |
| Common Stock | 3.91M | 4.06M | 4.21M | 3.36M | 3.38M | 3.59M |
| Additional Paid-In Capital | 282.45M | 316.07M | 343.83M | 192.70M | 194.69M | 262.51M |
| Retained Earnings | 673.33M | 619.55M | 582.23M | 610.80M | 590.38M | 553.17M |
| Comprehensive Income & Other | -118.87M | -875.00K | -39.81M | -70.80M | -80.64M | 15.22M |
| Total Common Equity | 840.82M | 938.80M | 890.47M | 736.07M | 707.82M | 834.48M |
| Minority Interest | -2.09M | -2.61M | ||||
| Shareholders' Equity | 840.82M | 938.80M | 890.47M | 736.07M | 705.73M | 831.87M |
| Total Liabilities & Equity | 10.21B | 9.78B | 9.90B | 9.72B | 9.13B | 7.64B |
| Total Debt | 971.40M | 964.85M | 1.06B | 984.56M | 1.28B | 1.10B |
| Net Cash (Debt) | -609.43M | -500.90M | -442.16M | -628.60M | -954.97M | -801.76M |
| Net Cash Per Share | -15.18 | -12.00 | -12.37 | -18.67 | -27.97 | -21.36 |
| Filing Date Shares Outstanding | 39.12M | 40.23M | 41.88M | 33.45M | 33.54M | 34.40M |
| Total Common Shares Outstanding | 39.12M | 40.59M | 42.09M | 33.45M | 33.52M | 35.65M |
| Book Value Per Share | 21.49 | 23.13 | 21.16 | 22.00 | 21.12 | 23.41 |
| Tangible Book Value | 819.43M | 919.61M | 871.27M | 716.88M | 688.31M | 814.98M |
| Tangible Book Value Per Share | 20.94 | 22.65 | 20.70 | 21.43 | 20.53 | 22.86 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 52.42M | -15.75M | 32.49M | 63.31M | 112.92M | |
| Depreciation & Amortization | 6.69M | 6.60M | 5.94M | 5.28M | 7.77M | |
| Gain (Loss) on Sale of Assets | -12.64M | 2.65M | -62.32M | |||
| Gain (Loss) on Sale of Investments | 455.00K | 81.61M | 17.77M | 11.77M | 8.86M | |
| Provision for Credit Losses | 42.60M | 60.46M | 61.28M | 13.95M | -16.50M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | 36.15M | -38.34M | -57.02M | -143.63M | -14.25M | |
| Accrued Interest Receivable | 8.23M | 3.78M | -34.45M | -15.35M | -4.43M | |
| Change in Accounts Payable | -20.52M | -3.61M | 4.15M | 21.08M | 34.96M | |
| Other Operating Activities | -4.39M | -10.73M | -52.47M | -12.43M | 419.00K | |
| Operating Cash Flow | 136.98M | 82.19M | 26.72M | -49.16M | 67.43M | |
| Capital Expenditures | -7.75M | -7.40M | -10.93M | -10.63M | -6.58M | |
| Sale of Property, Plant and Equipment | 14.11M | 205.00K | 535.00K | 132.39M | ||
| Cash Acquisitions | -1.97M | -1.04M | ||||
| Investment in Securities | -532.32M | -31.91M | -136.52M | -157.35M | -16.67M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | 481.34M | -519.64M | -400.46M | -1.23B | 259.65M | |
| Other Investing Activities | -5.86M | -17.92M | -59.73M | -8.08M | 17.55M | |
| Investing Cash Flow | -47.80M | -576.66M | -606.62M | -1.40B | 385.32M | |
| Long-Term Debt Issued | 380.00M | 1.46B | 1.96B | 1.16B | 485.50M | |
| Long-Term Debt Repaid | -473.38M | -1.36B | -2.18B | -1.02B | -729.62M | |
| Total Debt Repaid | -473.38M | -1.36B | -2.18B | -1.02B | -729.62M | |
| Net Debt Issued (Repaid) | -93.38M | 101.62M | -221.98M | 134.82M | -244.12M | |
| Issuance of Common Stock | 155.75M | |||||
| Repurchase of Common Stock | -33.25M | -9.13M | -5.46M | -73.12M | -48.04M | |
| Common Dividends Paid | -15.10M | -12.82M | -12.06M | -12.23M | ||
| Net Increase (Decrease) in Deposit Accounts | -67.66M | 527.54M | 850.66M | 1.41B | -100.77M | |
| Financing Cash Flow | -209.38M | 762.96M | 611.17M | 1.46B | -392.93M | |
| Net Cash Flow | -120.20M | 268.49M | 31.27M | 16.39M | 59.82M | |
| Free Cash Flow | 129.24M | 74.79M | 15.79M | -59.79M | 60.85M | |
| Free Cash Flow Margin | 32.58% | 27.32% | 5.05% | -19.33% | 17.65% | |
| Free Cash Flow Per Share | 3.10 | 2.09 | 0.47 | -1.75 | 1.62 | |
| Cash Interest Paid | 239.15M | 272.31M | 211.77M | 67.30M | 46.33M | |
| Cash Income Tax Paid | 9.40M | 4.86M | 24.97M | 27.54M | 14.54M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.19B | 804.39M | 940.26M | 820.91M | 898.55M | 1.27B |
| Last Close Price | 29.94 | 19.29 | 21.76 | 23.48 | 25.19 | 32.04 |
| PE Ratio | 18.14 | 15.35 | 25.27 | 14.19 | 11.24 | |
| PS Ratio | 2.95 | 2.03 | 3.43 | 2.63 | 2.90 | 3.68 |
| PB Ratio | 1.39 | 0.86 | 1.06 | 1.11 | 1.27 | 1.53 |
| P/FCF Ratio | 11.21 | 6.22 | 12.57 | 52.00 | 20.86 | |
| P/OCF Ratio | 10.70 | 5.87 | 11.44 | 30.72 | 18.82 | |
| Debt / Equity Ratio | 1.16 | 1.03 | 1.19 | 1.34 | 1.82 | 1.32 |
| Debt / FCF Ratio | 7.47 | 14.12 | 62.36 | 18.04 | ||
| Net Debt / Equity Ratio | 0.72 | 0.53 | 0.50 | 0.85 | 1.35 | 0.96 |
| Net Debt / FCF Ratio | 3.88 | 5.91 | 39.81 | -15.97 | 13.18 | |
| Return on Equity (ROE) | 7.54% | 5.73% | -1.94% | 4.27% | 8.06% | 13.66% |
| Return on Assets (ROA) | 0.65% | 0.53% | -0.16% | 0.33% | 0.74% | 1.43% |
| Earnings Yield | 5.51% | 6.52% | -1.68% | 3.96% | 7.05% | 8.90% |
| FCF Yield | 8.92% | 16.07% | 7.95% | 1.92% | -6.65% | 4.79% |
| Dividend Yield | 1.19% | 1.82% | 1.61% | 1.47% | 1.34% | 0.17% |
| Payout Ratio | 21.40% | 28.80% | 37.13% | 19.32% | ||
| Buyback Yield / Dilution | 4.40% | -16.71% | -6.18% | 1.37% | 9.02% | 10.09% |
| Total Shareholder Return | 5.60% | -14.90% | -4.57% | 2.83% | 10.36% | 10.26% |