Amerant Bancorp (NYSE:AMTB) Hits New 1-Year High After Better-Than-Expected Earnings

Key Points

• Amerant Bancorp beat quarterly earnings expectations: EPS came in at $0.65 versus the $0.57 consensus, with net income rising to $25.7 million. Shares reached a new 52-week high of $30.85.
• Banking fundamentals improved: Net interest income increased to $90.5 million, net interest margin expanded to 3.77%, loans grew 3.0% sequentially, and non-performing assets declined 14.5%.
• Investors should note mixed signals: Revenue of $90.46 million missed estimates of $103.35 million and deposits fell 1.3%, although the company maintained its $0.09 quarterly dividend, yielding approximately 1.2%.

Amerant Bancorp Inc. (NYSE:AMTB - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Friday following a better than expected earnings announcement. The stock traded as high as $30.85 and last traded at $30.0650, with a volume of 35,432 shares trading hands. The stock had previously closed at $29.66.

The company reported $0.65 EPS for the quarter, beating analysts' consensus estimates of $0.57 by $0.08. Amerant Bancorp had a net margin of 8.76% and a return on equity of 8.30%. The business had revenue of $90.46 million for the quarter, compared to the consensus estimate of $103.35 million.

Amerant Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 27th. Stockholders of record on Friday, November 13th will be paid a dividend of $0.09 per share. The ex-dividend date is Friday, November 13th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.2%. Amerant Bancorp's dividend payout ratio (DPR) is currently 25.90%.

Amerant Bancorp News Roundup

Here are the key news stories impacting Amerant Bancorp this week:

• Positive Sentiment: Q3 earnings beat expectations: Amerant reported $0.65 in diluted EPS, above the $0.57 consensus estimate and up from $0.53 in the second quarter and $0.39 a year earlier. Net income increased to $25.7 million. Amerant Reports Third Quarter 2026 Results
• Positive Sentiment: Improved net interest performance: Net interest income rose to $90.5 million from $82.6 million in the prior quarter, while the net interest margin expanded to 3.77% from 3.52%. These gains suggest better profitability from the bank’s lending and funding operations. Amerant Q3 Net Income Rises
• Positive Sentiment: Credit and loan trends were favorable: Gross loans increased 3.0% sequentially to $7.1 billion, while non-performing assets declined 14.5% to $159.5 million, indicating improved loan growth and asset quality.
• Positive Sentiment: Dividend maintained: The board declared a quarterly cash dividend of $0.09 per share, or $0.36 annualized, representing an approximately 1.2% yield. The dividend is payable November 27 to shareholders of record November 13. Amerant Declares Quarterly Dividend
• Negative Sentiment: Revenue missed estimates: Quarterly revenue was $90.46 million, below analysts’ expectations of $103.35 million. Deposits also declined 1.3% sequentially to $8.2 billion, which could weigh on investor enthusiasm despite the EPS beat.

Wall Street Analyst Weigh In

A number of brokerages recently commented on AMTB. Stephens downgraded shares of Amerant Bancorp from an "overweight" rating to an "equal weight" rating and set a $32.00 price objective for the company. in a research note on Wednesday, August 12th. Weiss Ratings raised Amerant Bancorp from a "buy (b-)" rating to a "buy (b)" rating in a research report on Thursday, October 8th. Keefe, Bruyette & Woods lifted their price target on Amerant Bancorp from $26.00 to $31.00 and gave the company a "market perform" rating in a report on Monday, August 3rd. Finally, Zacks Research downgraded Amerant Bancorp from a "strong-buy" rating to a "hold" rating in a report on Thursday, September 24th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $27.75.

Hedge Funds Weigh In On Amerant Bancorp

A number of large investors have recently made changes to their positions in the business. North Reef Capital Management LP acquired a new stake in shares of Amerant Bancorp in the 1st quarter worth $25,577,000. Principal Financial Group Inc. purchased a new position in Amerant Bancorp during the 1st quarter worth $1,214,000. Sei Investments Co. increased its position in Amerant Bancorp by 25.2% during the 1st quarter. Sei Investments Co. now owns 198,326 shares of the company's stock valued at $4,371,000 after buying an additional 39,971 shares in the last quarter. Quantinno Capital Management LP increased its position in Amerant Bancorp by 45.3% during the 1st quarter. Quantinno Capital Management LP now owns 55,210 shares of the company's stock valued at $1,217,000 after buying an additional 17,201 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Amerant Bancorp by 10.6% in the first quarter. Dimensional Fund Advisors LP now owns 1,388,926 shares of the company's stock valued at $30,611,000 after buying an additional 133,050 shares during the last quarter. 42.11% of the stock is owned by institutional investors and hedge funds.

Amerant Bancorp Stock Performance

The business has a 50 day simple moving average of $29.11 and a 200 day simple moving average of $26.27. The company has a quick ratio of 0.84, a current ratio of 0.86 and a debt-to-equity ratio of 0.87. The company has a market capitalization of $1.17 billion, a PE ratio of 21.50 and a beta of 0.82.

Amerant Bancorp Company Profile

Amerant Bancorp is the bank holding company for Amerant Bank, a regional financial institution headquartered in Coral Gables, Florida. Through its banking subsidiary, the company provides financial products and services to consumers, businesses and institutions, with a primary focus on markets in Florida and Texas.

Amerant Bank offers deposit accounts, consumer and commercial loans, residential mortgages, home equity products, credit cards and treasury management services. It also provides wealth management and investment services, along with digital banking tools that allow customers to manage accounts, transfer funds and make payments online and through mobile devices.

The company traces its origins to 1970, when it was established as Commercebank.

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