Amerant Bancorp Inc. AMTB
We are a bank holding company headquartered in Coral Gables, FL, with $9.8 billion in assets, $6.6 billion in loans held for investment, $7.8 billion in deposits, $938.8 million of shareholders' equity, and $3.3 billion in assets under management and custody ("AUM") as of December 31, 2025. We provide individuals and businesses with a comprehensive array of deposit, credit, investment, wealth management, retail banking, mortgage services and fiduciary services. We serve customers in our United States markets and select international customers. These services are offered through our main subsidiary, Amerant Bank, N.A., or the Bank, which is also headquartered in Coral Gables, FL, as well as the Bank's securities broker-dealer, Amerant Investments Inc., or Amerant Investments. Fiduciary, investment, wealth management and mortgage services are provided by the Bank and Amerant Investments.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $597.4M | $595.6M | $548.6M | $338.8M | $247.8M | $260.6M | $313.0M | $309.4M | $273.3M | $238.8M |
| Interest expense | $360.7M | $326.0M | $326.5M | $266.7M | $42.7M | $71.0M | $99.9M | $90.3M | $63.6M | $46.9M |
| Pre-tax income | $66.1M | -$24.1M | $41.3M | $78.6M | $144.0M | -$4.3M | $64.0M | $57.6M | $77.0M | $33.8M |
| Income tax | $13.7M | $8.3M | $10.5M | $16.6M | $33.7M | $2.6M | $12.7M | $11.7M | $34.0M | $10.2M |
| Net income | $52.4M | -$15.8M | $30.8M | $62.0M | $110.3M | -$1.7M | $51.3M | $45.8M | $43.1M | $23.6M |
| EPS, basic | 1.26 | -0.44 | 0.97 | 1.87 | 3.04 | -0.04 | 1.21 | 1.08 | 1.01 | 0.55 |
| EPS, diluted | 1.26 | -0.44 | 0.96 | 1.85 | 3.01 | -0.04 | 1.20 | 1.08 | 1.01 | 0.55 |
| Shares, diluted (wtd. avg.) | $41.7M | $35.8M | $33.7M | $34.1M | $37.5M | $41.7M | $42.9K | $42.5K | $42.5K | $42.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $470.2M | $590.4M | $321.9M | $290.6M | $274.2M | $214.4M | $121.3M | $85.7M | $153.4M | $135.0M |
| Property, plant and equipment | $23.0M | $31.8M | $43.6M | $41.8M | $37.9M | $110.0M | $128.8M | $123.5M | $129.4M | — |
| Goodwill | $19.2M | $19.2M | $19.2M | $19.5M | $19.5M | $19.5M | $19.5M | $19.2M | $19.2M | — |
| Total assets | $9.78B | $9.90B | $9.72B | $9.13B | $7.64B | $7.77B | $7.99B | $8.12B | $8.44B | — |
| Total liabilities | $8.84B | $9.01B | $8.98B | $8.42B | $6.81B | $6.99B | $7.15B | $7.38B | $7.68B | — |
| Retained earnings | $619.6M | $582.2M | $610.8M | $590.4M | $553.2M | $442.4M | $444.1M | $393.7M | $387.8M | — |
| Total equity | $938.8M | $890.5M | $736.1M | $705.7M | $831.9M | $783.4M | $834.7M | $747.4M | $753.5M | $704.7M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $137.0M | $82.2M | $26.7M | -$49.2M | $67.4M | $57.2M | $78.4M | $62.2M | $73.3M | $75.3M |
| Depreciation and amortisation | $6.7M | $6.6M | $6.8M | $5.9M | $7.3M | $9.4M | $7.1M | $8.5M | $9.0M | $9.1M |
| Stock-based compensation | $5.0M | $5.0M | $6.8M | $5.8M | $4.8M | $2.3M | $6.4M | $166.0K | $0 | $0 |
| Capital expenditure | $7.7M | $7.4M | $10.9M | $10.6M | $6.6M | $5.6M | $14.3M | $10.0M | $8.6M | $8.5M |
| Investing cash flow | -$47.8M | -$576.7M | -$606.6M | -$1.40B | $385.3M | $286.3M | $205.8M | $206.5M | $7.6M | -$322.2M |
| Financing cash flow | -$209.4M | $763.0M | $611.2M | $1.46B | -$392.9M | -$250.5M | -$248.6M | -$336.4M | -$62.4M | $243.7M |
| Dividends paid | $15.1M | $12.8M | $12.1M | $12.2M | $2.2M | $0 | $0 | $40.0M | $40.0M | $0 |
| Buybacks | $33.0M | $7.6M | $4.9M | $72.1M | $36.3M | $0 | $0 | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001734342-26-000026.
Others in SIC 6021
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|---|---|---|---|---|
| JPM | JPMORGAN CHASE & CO | $953.33B | 17.9x | 2.8% |
| BAC | BANK OF AMERICA CORP /DE/ | $438.31B | 16.5x | 6.8% |
| WFC | WELLS FARGO & COMPANY/MN | $272.07B | 14.4x | -3.8% |
| C | CITIGROUP INC | $240.92B | 19.7x | 5.6% |
| COF | CAPITAL ONE FINANCIAL CORP | $136.66B | 54.5x | 36.3% |
| USB | US BANCORP \DE\ | $98.73B | 13.7x | 4.4% |
| PNC | PNC FINANCIAL SERVICES GROUP, INC. | $97.98B | 14.8x | 7.2% |
| TFC | TRUIST FINANCIAL CORP | $63.10B | 13.5x | -2.1% |