Amerant Bancorp (AMTB) Financials

$23.02 +0.39 (+1.71%)

Closing price 03:59 PM Eastern

Extended Trading

$23.00 -0.01 (-0.06%)

As of 04:10 PM Eastern

Annual Income Statements for Amerant Bancorp

This table shows Amerant Bancorp's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	24	43	46	51	-1.72	113	63	32	-16	52
Consolidated Net Income / (Loss)	24	43	46	51	-1.72	110	62	31	-16	52
Net Income / (Loss) Continuing Operations	24	43	46	51	-1.72	110	62	31	-16	52
Total Pre-Tax Income	34	77	58	64	-4.33	144	79	41	-24	66
Total Revenue	254	281	273	270	263	326	334	414	336	439
Net Interest Income / (Expense)	192	210	219	213	190	205	267	326	326	361
Total Interest Income	239	273	309	313	261	248	339	549	596	597
Loans and Leases Interest Income	189	224	258	263	221	216	293	475	505	479
Investment Securities Interest Income	49	48	49	47	39	32	41	55	67	96
Deposits and Money Market Investments Interest Income	0.81	1.64	2.54	2.75	0.63	0.25	4.15	18	23	22
Total Interest Expense	47	64	90	100	71	43	72	222	270	237
Deposits Interest Expense	26	36	56	68	53	28	49	184	231	201
Long-Term Debt Interest Expense	18	26	35	32	18	15	23	38	39	35
Federal Funds Purchased and Securities Sold Interest Expense	3.26	1.88	0.01	0.01	0.00	0.00	0.00	0.01	0.00	0.00
Total Non-Interest Income	62	71	54	57	73	121	67	87	9.91	79
Other Service Charges	36	47	31	30	21	29	26	32	38	38
Net Realized & Unrealized Capital Gains on Investments	1.75	-1.60	-0.12	6.87	30	68	18	34	-56	10
Investment Banking Income	20	21	17	15	17	19	18	17	18	20
Other Non-Interest Income	4.42	5.46	5.82	5.71	5.70	5.46	5.41	5.17	9.28	10
Provision for Credit Losses	22	-3.49	0.38	-3.15	89	-17	14	61	60	43
Total Non-Interest Expense	198	208	215	209	179	198	241	311	299	331
Salaries and Employee Benefits	130	132	142	137	111	118	124	134	137	143
Net Occupancy & Equipment Expense	27	27	29	29	31	35	42	43	39	36
Marketing Expense	-	-	-	-	1.60	3.38	12	13	14	16
Property & Liability Insurance Claims	7.13	7.62	6.22	4.04	6.14	6.42	6.60	11	12	11
Other Operating Expenses	26	32	29	32	20	28	52	104	90	103
Depreciation Expense	9.10	9.04	8.54	7.09	9.39	7.27	5.88	6.84	6.60	6.69
Other Special Charges	-	-	-	-	-	-	-	-	-	16
Income Tax Expense	10	34	12	13	-2.61	34	17	11	-8.33	14
Net Income / (Loss) Attributable to Noncontrolling Interest	-	-	-	0.00	0.00	-2.61	-1.35	-1.70	0.00	0.00
Basic Earnings per Share	$0.55	$1.01	$1.08	$1.21	($0.04)	$3.04	$1.87	$0.97	($0.44)	$1.26
Weighted Average Basic Shares Outstanding	-	-	43.20M	42.21M	38.03M	34.63M	33.83M	33.60M	41.92M	40.23M
Diluted Earnings per Share	$0.55	$1.01	$1.08	$1.20	($0.04)	$3.01	$1.85	$0.96	($0.44)	$1.26
Weighted Average Diluted Shares Outstanding	-	-	43.20M	42.21M	38.03M	34.63M	33.83M	33.60M	41.92M	40.23M
Weighted Average Basic & Diluted Shares Outstanding	-	-	43.20M	42.21M	38.03M	34.63M	33.83M	33.60M	41.92M	40.23M
Cash Dividends to Common per Share	-	-	-	-	-	-	$0.36	$0.36	$0.36	$0.36

This table shows Amerant Bancorp's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	22	-17	11	4.96	-48	17	12	23	15	2.70	18
Consolidated Net Income / (Loss)	22	-18	11	4.96	-48	17	12	23	15	2.70	18
Net Income / (Loss) Continuing Operations	22	-18	11	4.96	-48	17	12	23	15	2.70	18
Total Pre-Tax Income	28	-21	13	6.32	-62	18	15	30	19	1.91	23
Total Revenue	100	101	93	100	34	111	106	110	111	111	98
Net Interest Income / (Expense)	79	82	78	79	81	88	86	90	94	90	80
Total Interest Income	139	146	145	146	152	153	146	151	153	147	133
Loans and Leases Interest Income	120	127	123	124	130	129	121	122	121	115	103
Investment Securities Interest Income	14	14	16	17	17	17	19	23	27	27	28
Deposits and Money Market Investments Interest Income	5.27	4.02	5.83	5.34	4.76	6.89	6.47	5.72	4.59	5.31	2.66
Total Interest Expense	61	64	67	67	71	65	61	61	59	57	53
Deposits Interest Expense	50	55	59	58	59	55	51	52	50	48	45
Long-Term Debt Interest Expense	11	8.61	6.99	8.36	10	10	8.58	8.66	8.74	8.85	8.12
Total Non-Interest Income	22	20	14	19	-48	24	20	20	17	22	17
Other Service Charges	7.99	7.34	7.56	10	10	10	11	9.16	7.55	11	7.31
Net Realized & Unrealized Capital Gains on Investments	8.08	9.73	0.26	2.39	-65	13	1.57	3.13	2.19	3.34	2.05
Investment Banking Income	4.37	4.25	4.33	4.54	4.47	4.65	4.73	4.99	5.00	5.30	5.46
Other Non-Interest Income	1.48	-1.70	2.34	2.24	2.33	-3.97	2.45	2.49	2.55	2.60	2.56
Provision for Credit Losses	8.00	13	12	19	19	9.91	18	6.06	15	3.49	7.80
Total Non-Interest Expense	64	110	67	73	76	83	72	74	78	107	67
Salaries and Employee Benefits	31	33	33	34	35	35	33	36	35	39	32
Net Occupancy & Equipment Expense	11	11	10	12	8.88	8.69	9.61	8.42	8.37	9.38	8.96
Marketing Expense	2.72	3.17	3.08	4.24	3.47	3.70	3.64	4.82	3.99	3.54	2.94
Property & Liability Insurance Claims	2.59	2.54	3.01	2.77	2.86	2.93	3.24	2.90	2.55	2.75	2.85
Other Operating Expenses	15	59	17	19	25	31	21	21	25	35	17
Depreciation Expense	1.80	1.48	1.48	1.65	1.74	1.73	1.59	1.55	1.49	2.06	1.52
Other Special Charges	-	-	-	1.26	0.00	-	0.00	0.00	0.88	-	1.82
Income Tax Expense	6.34	-2.97	2.89	1.36	-14	1.14	3.47	6.80	4.25	-0.79	5.07
Basic Earnings per Share	$0.66	($0.51)	$0.32	$0.15	($1.43)	$0.52	$0.28	$0.55	$0.35	$0.08	$0.44
Weighted Average Basic Shares Outstanding	33.58M	33.60M	33.72M	33.49M	42.11M	41.92M	41.83M	41.75M	41.27M	40.23M	39.35M
Diluted Earnings per Share	$0.66	($0.52)	$0.31	$0.15	($1.43)	$0.53	$0.28	$0.55	$0.35	$0.08	$0.44
Weighted Average Diluted Shares Outstanding	33.58M	33.60M	33.72M	33.49M	42.11M	41.92M	41.83M	41.75M	41.27M	40.23M	39.35M
Weighted Average Basic & Diluted Shares Outstanding	33.58M	33.60M	33.72M	33.49M	42.11M	41.92M	41.83M	41.75M	41.27M	40.23M	39.35M

This table details how cash moves in and out of Amerant Bancorp's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-3.29	18	-68	36	93	60	16	31	268	-120
Net Cash From Operating Activities	75	73	62	78	57	67	-49	27	82	137
Net Cash From Continuing Operating Activities	75	73	62	78	57	67	-49	27	82	137
Net Income / (Loss) Continuing Operations	24	43	46	51	-1.72	110	62	31	-16	52
Consolidated Net Income / (Loss)	24	43	46	51	-1.72	110	62	31	-16	52
Provision For Loan Losses	22	-3.49	0.38	-3.15	89	-17	14	61	60	43
Depreciation Expense	9.13	9.04	8.54	7.09	9.39	7.27	5.88	6.84	6.60	6.69
Amortization Expense	27	19	17	14	15	13	8.54	4.85	4.56	2.20
Non-Cash Adjustments to Reconcile Net Income	-11	-2.09	-4.27	-3.33	-40	-98	-288	-333	-355	-98
Changes in Operating Assets and Liabilities, net	4.27	7.41	-5.25	12	-14	51	149	256	381	131
Net Cash From Investing Activities	-322	7.57	207	206	286	385	-1,397	-607	-577	-48
Net Cash From Continuing Investing Activities	-322	7.57	207	206	286	385	-1,397	-607	-577	-48
Purchase of Property, Leasehold Improvements and Equipment	-8.54	-8.61	-10	-14	-5.57	-6.58	-11	-11	-7.40	-7.75
Purchase of Investment Securities	-1,457	-787	-277	-602	-609	-439	-1,769	-926	-1,849	-849
Sale of Property, Leasehold Improvements and Equipment	8.16	31	0.91	5.17	13	0.03	0.00	0.54	0.21	14
Sale and/or Maturity of Investments	1,135	772	312	817	887	830	382	330	1,354	795
Other Investing Activities, net	-	-	173	-	-	-	0.00	0.00	-74	0.00
Net Cash From Financing Activities	244	-62	-336	-249	-251	-393	1,463	611	763	-209
Net Cash From Continuing Financing Activities	244	-62	-336	-249	-251	-393	1,463	611	763	-209
Net Change in Deposits	58	409	141	-290	-26	-101	1,413	851	528	-68
Issuance of Debt	2,239	1,772	1,278	1,800	808	486	1,159	1,955	1,463	380
Issuance of Common Equity	0.00	0.00	18	29	-	-	0.00	0.00	156	0.00
Repayment of Debt	-2,030	-1,530	-1,284	-1,758	-963	-730	-1,024	-2,177	-1,361	-473
Repurchase of Common Equity	0.00	0.00	-18	-28	-69	-46	-72	-4.93	-7.56	-33
Payment of Dividends	0.00	0.00	-40	-	0.00	0.00	-12	-12	-13	-15
Other Financing Activities, Net	-23	-714	-431	-1.70	-0.92	-2.14	-1.06	-0.52	-1.58	-0.25

This table details how cash moves in and out of Amerant Bancorp's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-136	13	338	-349	362	-81	58	-12	-5.98	-161	-281
Net Cash From Operating Activities	49	-14	2.79	-2.34	4.21	78	20	58	23	36	11
Net Cash From Continuing Operating Activities	49	-14	2.79	-2.34	4.21	78	20	58	23	36	11
Net Income / (Loss) Continuing Operations	22	-18	11	4.96	-48	17	12	23	15	2.70	18
Consolidated Net Income / (Loss)	22	-18	11	4.96	-48	17	12	23	15	2.70	18
Provision For Loan Losses	8.00	13	12	19	19	9.91	18	6.06	15	3.49	7.80
Depreciation Expense	1.80	1.48	1.48	1.65	1.74	1.73	1.59	1.55	1.49	2.06	1.52
Amortization Expense	1.22	1.19	1.25	1.34	1.46	0.51	0.56	0.57	0.63	0.44	0.35
Non-Cash Adjustments to Reconcile Net Income	-80	-46	-62	-97	-69	-127	-61	-42	-6.33	11	-2.61
Changes in Operating Assets and Liabilities, net	97	35	39	67	99	176	49	69	-2.45	16	-14
Net Cash From Investing Activities	21	-375	287	-328	-237	-298	-223	-202	-76	453	-442
Net Cash From Continuing Investing Activities	21	-375	287	-328	-237	-298	-223	-202	-76	453	-442
Purchase of Property, Leasehold Improvements and Equipment	-1.07	-2.62	-3.48	-1.51	-1.61	-0.79	-2.21	-1.34	1.02	-5.21	-0.78
Purchase of Investment Securities	-60	-495	-229	-393	-454	-773	-270	-247	-174	-132	-685
Sale and/or Maturity of Investments	82	122	519	67	219	549	49	46	97	577	244
Net Cash From Financing Activities	-206	402	48	-19	594	139	261	133	47	-650	149
Net Cash From Continuing Financing Activities	-206	402	48	-19	594	139	261	133	47	-650	149
Net Change in Deposits	-33	348	-52	-62	295	311	300	-372	-65	69	152
Issuance of Debt	150	675	408	805	200	50	0.00	50	330	-	20
Repayment of Debt	-318	-619	-338	-755	-50	-219	-30	-60	-263	-120	0.00
Repurchase of Common Equity	-2.71	-	0.00	-4.45	-3.11	-	-5.00	-5.00	-10	-13	-19
Payment of Dividends	-3.02	-3.01	-3.01	-3.02	-3.00	-3.78	-3.89	-3.77	-3.75	-3.69	-3.71
Other Financing Activities, Net	-0.02	0.40	33	0.39	-0.09	0.21	-0.60	524	59	-583	-0.59

This table presents Amerant Bancorp's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	8,437	8,124	7,985	7,771	7,638	9,128	9,716	9,902	9,777
Cash and Due from Banks	45	26	28	30	34	19	47	64	53
Interest Bearing Deposits at Other Banks	109	60	93	184	241	229	243	520	409
Trading Account Securities	1,777	1,671	1,666	1,308	1,190	1,131	1,246	1,483	2,030
Loans and Leases, Net of Allowance	5,994	5,858	5,692	-111	5,340	6,774	6,778	7,143	6,534
Loans and Leases	6,066	5,920	5,744	-	5,409	6,857	6,873	7,228	6,613
Allowance for Loan and Lease Losses	72	62	52	111	70	84	96	85	79
Loans Held for Sale	5.61	-	-	0.00	143	0.00	365	0.00	81
Accrued Investment Income	73	74	67	94	92	156	256	211	178
Goodwill	19	19	20	20	20	20	19	19	19
Other Assets	285	293	290	6,137	541	715	692	462	471
Total Liabilities & Shareholders' Equity	8,437	8,124	7,985	7,771	7,638	9,128	9,716	9,902	9,777
Total Liabilities	7,683	7,377	7,151	6,987	6,807	8,422	8,980	9,011	8,838
Non-Interest Bearing Deposits	896	769	763	872	1,183	1,368	1,427	1,505	1,573
Interest Bearing Deposits	5,427	5,264	4,994	4,859	4,448	5,677	6,468	6,350	6,214
Other Short-Term Payables	69	-	-	83	106	179	164	-	128
Long-Term Debt	1,291	1,284	1,327	1,173	933	1,059	798	899	806
Other Long-Term Liabilities	-	60	66	-	137	140	123	258	117
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	753	747	835	783	834	708	736	890	939
Total Preferred & Common Equity	753	747	835	783	832	706	736	890	939
Total Common Equity	753	747	835	783	834	708	736	890	939
Common Stock	372	390	424	309	266	198	196	348	320
Retained Earnings	388	394	444	442	553	590	611	582	620
Accumulated Other Comprehensive Income / (Loss)	-6.13	-18	13	32	15	-81	-71	-40	-0.88

This table presents Amerant Bancorp's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	8,740	9,495	9,520	9,346	9,818	9,748	10,353	10,170	10,335	10,410	9,904
Cash and Due from Banks	38	41	45	48	41	33	41	40	48	46	63
Interest Bearing Deposits at Other Banks	218	412	366	203	578	238	614	588	573	571	118
Trading Account Securities	1,122	1,111	1,080	1,062	1,349	1,332	1,523	1,725	1,918	2,245	2,374
Loans and Leases, Net of Allowance	6,392	6,965	7,061	6,975	6,861	6,617	6,884	7,060	7,097	6,847	6,484
Loans and Leases	6,446	7,050	7,167	7,073	6,957	6,711	6,964	7,158	7,183	6,942	6,563
Allowance for Loan and Lease Losses	54	84	106	99	96	94	80	98	87	95	79
Loans Held for Sale	0.00	-	-	43	0.00	552	554	41	-	-	190
Accrued Investment Income	160	173	180	202	202	220	222	177	165	168	175
Goodwill	20	21	21	21	19	19	19	19	19	19	19
Other Assets	702	697	689	697	688	671	453	475	476	478	480
Total Liabilities & Shareholders' Equity	8,740	9,495	9,520	9,346	9,818	9,748	10,353	10,170	10,335	10,410	9,904
Total Liabilities	8,044	8,766	8,799	8,626	9,080	9,013	9,450	9,263	9,410	9,465	8,990
Non-Interest Bearing Deposits	1,319	1,361	1,294	1,370	1,397	1,465	1,482	1,665	1,707	1,769	1,467
Interest Bearing Deposits	5,269	5,926	6,286	6,177	6,481	6,351	6,629	6,490	6,600	6,532	6,472
Other Short-Term Payables	182	153	176	210	211	173	165	129	136	129	108
Long-Term Debt	1,134	1,205	923	748	868	918	1,069	869	859	926	826
Other Long-Term Liabilities	141	122	120	121	122	106	106	111	109	110	116
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	698	731	724	723	738	734	903	906	924	945	914
Total Preferred & Common Equity	696	729	721	720	738	734	903	906	924	945	914
Total Common Equity	698	731	724	723	738	734	903	906	920	945	914
Common Stock	195	198	199	197	196	193	347	343	336	331	301
Retained Earnings	588	608	612	631	618	620	569	590	610	621	634
Accumulated Other Comprehensive Income / (Loss)	-86	-74	-87	-106	-76	-79	-13	-27	-25	-6.93	-21

This table displays calculated financial ratios and metrics derived from Amerant Bancorp's official financial filings.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	41,265,603.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	41,265,603.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	1.27
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	10.62%	-2.94%	-1.00%	-2.66%	23.85%	2.51%	23.96%	-18.87%	30.80%
EBITDA Growth	0.00%	50.24%	-21.25%	2.88%	-76.68%	722.76%	-43.25%	-42.99%	-124.37%	680.66%
EBIT Growth	0.00%	128.02%	-25.29%	11.23%	-106.77%	3,423.03%	-45.44%	-47.41%	-158.28%	374.63%
NOPAT Growth	0.00%	82.61%	6.45%	12.00%	-105.91%	3,736.07%	-43.83%	-50.31%	-154.76%	410.92%
Net Income Growth	0.00%	82.61%	6.45%	12.00%	-103.35%	6,505.98%	-43.83%	-50.31%	-151.16%	432.76%
EPS Growth	0.00%	83.64%	6.93%	11.11%	-103.33%	7,625.00%	-38.54%	-48.11%	-145.83%	386.36%
Operating Cash Flow Growth	0.00%	-2.64%	-15.18%	26.11%	-26.97%	17.79%	-172.90%	154.36%	207.60%	66.65%
Free Cash Flow Firm Growth	0.00%	0.00%	102.94%	-234.35%	356.35%	48.94%	-79.60%	324.42%	-203.94%	135.61%
Invested Capital Growth	0.00%	0.00%	-0.64%	6.42%	-9.52%	-9.80%	0.02%	-13.07%	16.61%	-2.48%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	-17.00%	21.60%	29.99%	-7.93%	-1.25%	3.08%	0.63%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	-39.28%	168.63%	84.86%	-39.21%	-48.13%	74.88%	-15.70%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	-45.52%	91.48%	118.77%	-43.00%	-53.92%	61.78%	-17.71%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	-1.83%	-192.49%	102.50%	-40.68%	-56.36%	61.78%	-21.29%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	-1.83%	-134.56%	109.03%	-40.68%	-56.36%	68.85%	-21.29%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-1.64%	-157.14%	106.16%	-37.71%	-54.72%	70.47%	-26.32%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	144.95%	-19.46%	8.35%	43.14%	-908.41%	11.51%	955.21%	-23.06%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	127.62%	-3.20%	208.75%	-39.48%	50.38%	-42.21%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	3.54%	-2.30%	1.13%	-3.52%	4.52%	-9.25%	-6.73%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	27.61%	37.50%	30.43%	31.62%	7.57%	50.31%	27.85%	12.81%	-3.85%	17.08%
EBIT Margin	13.29%	27.40%	21.09%	23.70%	-1.65%	44.21%	23.53%	9.98%	-7.17%	15.06%
Profit (Net Income) Margin	9.28%	15.31%	16.79%	19.00%	-0.65%	33.86%	18.56%	7.44%	-4.69%	11.93%
Tax Burden Percent	69.78%	55.88%	79.62%	80.17%	39.73%	76.59%	78.85%	74.50%	65.40%	79.25%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	30.22%	44.12%	20.38%	19.83%	0.00%	23.41%	21.15%	25.50%	0.00%	20.75%
Return on Invested Capital (ROIC)	0.00%	4.21%	2.25%	2.45%	-0.15%	5.93%	3.51%	1.87%	-1.01%	2.97%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	4.21%	2.25%	2.45%	-0.04%	5.93%	3.51%	1.87%	-0.88%	2.97%
Return on Net Nonoperating Assets (RNNOA)	0.00%	7.22%	3.86%	4.04%	-0.07%	7.71%	4.52%	2.40%	-0.92%	2.76%
Return on Equity (ROE)	0.00%	11.43%	6.11%	6.49%	-0.21%	13.64%	8.04%	4.26%	-1.94%	5.73%
Cash Return on Invested Capital (CROIC)	0.00%	-195.79%	2.89%	-3.77%	9.85%	16.23%	3.49%	15.85%	-16.35%	5.48%
Operating Return on Assets (OROA)	0.00%	0.91%	0.70%	0.79%	-0.06%	1.87%	0.94%	0.44%	-0.25%	0.67%
Return on Assets (ROA)	0.00%	0.51%	0.55%	0.64%	-0.02%	1.43%	0.74%	0.33%	-0.16%	0.53%
Return on Common Equity (ROCE)	0.00%	11.43%	6.11%	6.49%	-0.21%	13.64%	8.04%	4.26%	-1.94%	5.73%
Return on Equity Simple (ROE_SIMPLE)	0.00%	5.71%	6.13%	6.15%	-0.22%	13.26%	8.78%	4.18%	-1.77%	5.58%
Net Operating Profit after Tax (NOPAT)	24	43	46	51	-3.03	110	62	31	-17	52
NOPAT Margin	9.28%	15.31%	16.79%	19.00%	-1.15%	33.86%	18.56%	7.44%	-5.02%	11.93%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	-0.10%	0.00%	0.00%	0.00%	-0.13%	0.00%
SG&A Expenses to Revenue	61.54%	56.55%	62.56%	61.67%	54.61%	47.97%	53.08%	45.81%	56.85%	44.39%
Operating Expenses to Revenue	78.01%	73.84%	78.77%	77.47%	67.95%	60.85%	72.29%	75.21%	89.17%	75.25%
Earnings before Interest and Taxes (EBIT)	34	77	58	64	-4.33	144	79	41	-24	66
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	70	105	83	85	20	164	93	53	-13	75
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.11	0.71	0.36	0.78	1.49	1.23	1.10	1.06	0.85
Price to Tangible Book Value (P/TBV)	0.00	0.11	0.73	0.36	0.80	1.53	1.27	1.13	1.08	0.87
Price to Revenue (P/Rev)	0.32	0.29	1.94	1.10	2.33	3.82	2.61	1.95	2.80	1.83
Price to Earnings (P/E)	3.47	1.90	11.54	5.78	0.00	11.01	13.79	24.89	0.00	15.30
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.18%	1.63%	1.49%	1.61%	1.85%
Earnings Yield	28.79%	52.57%	8.66%	17.31%	0.00%	9.09%	7.25%	4.02%	0.00%	6.54%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.60	0.85	0.69	0.80	1.08	0.93	0.84	0.70	0.66
Enterprise Value to Revenue (EV/Rev)	0.00	4.34	6.33	5.56	5.97	5.84	4.92	3.12	3.74	2.61
Enterprise Value to EBITDA (EV/EBITDA)	0.00	11.57	20.80	17.59	78.89	11.62	17.67	24.35	0.00	15.26
Enterprise Value to EBIT (EV/EBIT)	0.00	15.83	30.01	23.46	0.00	13.22	20.91	31.24	0.00	17.31
Enterprise Value to NOPAT (EV/NOPAT)	0.00	28.32	37.69	29.27	0.00	17.26	26.52	41.93	0.00	21.84
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	16.64	27.79	19.17	27.45	28.23	0.00	48.31	15.27	8.36
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	29.34	0.00	7.75	6.31	26.68	4.94	0.00	11.83
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	1.71	1.72	1.59	1.50	1.12	1.50	1.08	1.01	0.86
Long-Term Debt to Equity	0.00	1.71	1.72	1.59	1.50	1.12	1.50	1.08	1.01	0.86
Financial Leverage	0.00	1.71	1.72	1.65	1.55	1.30	1.29	1.28	1.04	0.93
Leverage Ratio	0.00	11.20	11.03	10.18	9.74	9.52	10.87	13.05	12.06	10.76
Compound Leverage Factor	0.00	11.20	11.03	10.18	9.74	9.52	10.87	13.05	12.06	10.76
Debt to Total Capital	0.00%	63.15%	63.21%	61.39%	59.95%	52.78%	59.94%	52.02%	50.23%	46.19%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	63.15%	63.21%	61.39%	59.95%	52.78%	59.94%	52.02%	50.23%	46.19%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.15%	0.12%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	36.85%	36.79%	38.61%	40.05%	47.22%	40.06%	47.98%	49.77%	53.81%
Debt to EBITDA	0.00	12.24	15.46	15.54	58.88	5.69	11.39	15.05	-69.55	10.74
Net Debt to EBITDA	0.00	10.79	14.43	14.12	48.11	4.02	8.26	9.10	-24.40	4.57
Long-Term Debt to EBITDA	0.00	12.24	15.46	15.54	58.88	5.69	11.39	15.05	-69.55	10.74
Debt to NOPAT	0.00	29.99	28.02	25.86	-386.56	8.45	17.09	25.92	-53.30	15.38
Net Debt to NOPAT	0.00	26.42	26.15	23.49	-315.90	5.97	12.40	15.67	-18.70	6.54
Long-Term Debt to NOPAT	0.00	29.99	28.02	25.86	-386.56	8.45	17.09	25.92	-53.30	15.38
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-2,002	59	-79	203	302	62	261	-272	97
Operating Cash Flow to CapEx	20,018.09%	0.00%	680.62%	862.49%	0.00%	1,029.64%	-462.51%	256.98%	1,142.22%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	-31.47	0.65	-0.79	2.86	7.07	0.85	1.18	-1.01	0.41
Operating Cash Flow to Interest Expense	1.61	1.15	0.69	0.78	0.81	1.58	-0.68	0.12	0.30	0.58
Operating Cash Flow Less CapEx to Interest Expense	1.60	1.50	0.59	0.69	0.92	1.43	-0.83	0.07	0.28	0.61
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.03	0.03	0.03	0.03	0.04	0.04	0.04	0.03	0.04
Fixed Asset Turnover	0.00	2.17	2.16	2.14	2.20	4.41	8.39	9.70	8.91	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	2,045	2,032	2,162	1,956	1,765	1,765	1,534	1,789	1,745
Invested Capital Turnover	0.00	0.28	0.13	0.13	0.13	0.18	0.19	0.25	0.20	0.25
Increase / (Decrease) in Invested Capital	0.00	2,045	-13	130	-206	-192	0.36	-231	255	-44
Enterprise Value (EV)	0.00	1,219	1,727	1,502	1,571	1,904	1,643	1,291	1,255	1,145
Market Capitalization	82	82	529	296	613	1,243	873	809	940	802
Book Value per Share	$0.00	$119.60	$17.59	$58.70	$18.59	$22.24	$20.96	$21.92	$21.15	$22.75
Tangible Book Value per Share	$0.00	$116.55	$17.14	$57.33	$18.13	$21.72	$20.38	$21.35	$20.69	$22.29
Total Capital	0.00	2,045	2,032	2,162	1,956	1,767	1,767	1,534	1,789	1,745
Total Debt	0.00	1,291	1,284	1,327	1,173	933	1,059	798	899	806
Total Long-Term Debt	0.00	1,291	1,284	1,327	1,173	933	1,059	798	899	806
Net Debt	0.00	1,138	1,198	1,206	958	658	769	482	315	343
Capital Expenditures (CapEx)	0.38	-22	9.13	9.09	-7.90	6.55	11	10	7.20	-6.37
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	-1.31	0.00	0.00	0.00	-1.11	0.00
Net Nonoperating Obligations (NNO)	0.00	1,291	1,284	1,327	1,173	930	1,057	798	899	806
Total Depreciation and Amortization (D&A)	36	28	25	21	24	20	14	12	11	8.89
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.55	$1.01	$1.08	$1.21	($0.04)	$3.04	$1.87	$0.97	($0.44)	$1.26
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	43.20M	42.21M	38.03M	34.63M	33.83M	33.60M	41.92M	40.23M
Adjusted Diluted Earnings per Share	$0.55	$1.01	$1.08	$1.20	($0.04)	$3.01	$1.85	$0.96	($0.44)	$1.26
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	43.20M	42.21M	38.03M	34.63M	33.83M	33.60M	41.92M	40.23M
Adjusted Basic & Diluted Earnings per Share	$0.55	$1.01	$1.08	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	43.20M	42.21M	38.03M	34.63M	33.83M	33.60M	41.92M	40.23M
Normalized Net Operating Profit after Tax (NOPAT)	24	43	46	51	-3.03	110	62	31	-17	65
Normalized NOPAT Margin	9.28%	15.31%	16.79%	19.00%	-1.15%	33.86%	18.56%	7.44%	-5.02%	14.77%
Pre Tax Income Margin	13.29%	27.40%	21.09%	23.70%	-1.65%	44.21%	23.53%	9.98%	-7.17%	15.06%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.72	1.21	0.64	0.64	-0.06	3.37	1.09	0.19	-0.09	0.28
NOPAT to Interest Expense	0.50	0.68	0.51	0.51	-0.04	2.58	0.86	0.14	-0.06	0.22
EBIT Less CapEx to Interest Expense	0.71	1.56	0.54	0.55	0.05	3.22	0.94	0.14	-0.12	0.31
NOPAT Less CapEx to Interest Expense	0.49	1.02	0.41	0.42	0.07	2.43	0.71	0.09	-0.09	0.25
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	87.27%	0.00%	0.00%	0.00%	19.74%	39.18%	-81.38%	28.80%
Augmented Payout Ratio	0.00%	0.00%	126.35%	55.45%	-4,028.92%	41.61%	136.03%	55.20%	-129.35%	91.76%

This table displays calculated financial ratios and metrics derived from Amerant Bancorp's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	41,265,603.00	40,230,946.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	41,265,603.00	40,230,946.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	0.07	0.44
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	17.06%	-4.93%	-9.07%	-10.61%	-66.85%	9.90%	13.89%	10.57%	225.31%	2.52%	-8.19%
EBITDA Growth	18.22%	-158.91%	-41.73%	-24.84%	-288.79%	211.15%	8.10%	211.20%	136.59%	-80.12%	34.01%
EBIT Growth	25.20%	-176.20%	-46.67%	-29.11%	-320.43%	186.19%	13.65%	310.20%	131.19%	-93.65%	40.14%
NOPAT Growth	24.31%	-167.09%	-47.01%	-29.56%	-299.28%	215.32%	13.15%	363.47%	134.06%	-84.00%	49.46%
Net Income Growth	24.31%	-182.23%	-47.01%	-29.56%	-321.54%	194.10%	13.15%	363.47%	130.64%	-84.00%	49.46%
EPS Growth	26.92%	-181.25%	-48.33%	-31.82%	-316.67%	201.92%	-9.68%	266.67%	124.48%	-84.91%	57.14%
Operating Cash Flow Growth	193.98%	16.21%	114.84%	-121.37%	-91.38%	643.57%	624.63%	2,559.01%	439.53%	-52.95%	-45.96%
Free Cash Flow Firm Growth	671.78%	906.80%	1,150.90%	-106.79%	-242.73%	-210.18%	-146.35%	-2,647.52%	121.14%	119.77%	133.63%
Invested Capital Growth	-19.76%	-13.07%	-16.93%	0.54%	34.31%	16.61%	10.50%	7.89%	-5.12%	-2.48%	-1.96%
Revenue Q/Q Growth	-9.05%	0.79%	-8.72%	6.83%	-66.27%	234.13%	-4.44%	3.65%	1.08%	-0.19%	-12.20%
EBITDA Q/Q Growth	150.86%	-158.66%	188.75%	-42.46%	-730.15%	134.54%	-8.65%	72.35%	-33.80%	-83.59%	615.51%
EBIT Q/Q Growth	214.81%	-174.48%	164.37%	-53.03%	-1,078.84%	129.12%	-9.17%	82.01%	-36.21%	-94.92%	2,277.51%
NOPAT Q/Q Growth	208.56%	-167.33%	172.19%	-53.04%	-972.95%	138.96%	-29.16%	92.36%	-35.85%	-81.70%	561.72%
Net Income Q/Q Growth	208.56%	-182.52%	158.91%	-53.04%	-1,070.46%	135.05%	-29.16%	92.36%	-35.85%	-81.70%	561.72%
EPS Q/Q Growth	200.00%	-178.79%	159.62%	-51.61%	-1,053.33%	137.06%	-47.17%	96.43%	-36.36%	-77.14%	450.00%
Operating Cash Flow Q/Q Growth	345.61%	-129.22%	119.55%	-183.97%	279.63%	1,743.12%	-73.94%	184.96%	-60.59%	60.73%	-70.06%
Free Cash Flow Firm Q/Q Growth	565.48%	-43.62%	56.50%	-101.16%	-13,887.53%	56.48%	34.16%	31.45%	207.61%	-59.30%	12.01%
Invested Capital Q/Q Growth	-10.71%	4.52%	4.70%	2.89%	19.28%	-9.25%	-0.79%	0.46%	4.90%	-6.73%	-0.26%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	30.93%	-18.01%	17.51%	9.43%	-176.17%	18.21%	17.41%	28.95%	18.96%	3.12%	25.41%
EBIT Margin	27.94%	-20.65%	14.56%	6.40%	-185.77%	16.19%	15.39%	27.03%	17.06%	0.87%	23.49%
Profit (Net Income) Margin	21.63%	-17.71%	11.43%	5.02%	-144.57%	15.16%	11.24%	20.86%	13.24%	2.43%	18.30%
Tax Burden Percent	77.43%	85.79%	78.50%	78.49%	77.82%	93.66%	77.50%	77.20%	77.63%	141.64%	77.90%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	94.25%	100.00%	100.00%	197.62%	100.00%
Effective Tax Rate	22.57%	0.00%	21.50%	21.51%	0.00%	6.34%	22.50%	22.80%	22.37%	-41.64%	22.10%
Return on Invested Capital (ROIC)	5.50%	-3.63%	2.61%	1.20%	-24.64%	3.07%	2.32%	4.36%	3.01%	0.60%	4.48%
ROIC Less NNEP Spread (ROIC-NNEP)	5.50%	-3.98%	2.61%	1.20%	-25.17%	3.07%	2.32%	4.36%	3.01%	0.60%	4.48%
Return on Net Nonoperating Assets (RNNOA)	7.27%	-5.12%	3.68%	1.51%	-28.08%	3.20%	2.45%	4.68%	3.25%	0.56%	4.18%
Return on Equity (ROE)	12.77%	-8.74%	6.30%	2.71%	-52.72%	6.26%	4.77%	9.04%	6.26%	1.17%	8.66%
Cash Return on Invested Capital (CROIC)	26.20%	15.85%	19.71%	0.63%	-31.85%	-16.35%	-10.89%	-7.38%	8.72%	5.48%	5.30%
Operating Return on Assets (OROA)	1.30%	-0.91%	0.61%	0.26%	-6.15%	0.55%	0.54%	0.97%	0.72%	0.04%	1.01%
Return on Assets (ROA)	1.00%	-0.78%	0.48%	0.21%	-4.78%	0.52%	0.39%	0.75%	0.56%	0.11%	0.79%
Return on Common Equity (ROCE)	12.77%	-8.74%	6.30%	2.71%	-52.72%	6.26%	4.77%	9.02%	6.26%	1.17%	8.66%
Return on Equity Simple (ROE_SIMPLE)	9.80%	0.00%	2.90%	2.63%	-5.60%	0.00%	-1.58%	0.40%	7.05%	0.00%	6.38%
Net Operating Profit after Tax (NOPAT)	22	-15	11	4.96	-43	17	12	23	15	2.70	18
NOPAT Margin	21.63%	-14.45%	11.43%	5.02%	-130.04%	15.16%	11.24%	20.86%	13.24%	2.43%	18.30%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.36%	0.00%	0.00%	0.53%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	44.68%	46.47%	49.80%	50.49%	142.06%	42.83%	43.80%	44.69%	42.58%	46.46%	44.99%
Operating Expenses to Revenue	64.10%	108.30%	72.03%	74.21%	228.74%	74.91%	67.27%	67.48%	69.84%	95.99%	68.52%
Earnings before Interest and Taxes (EBIT)	28	-21	13	6.32	-62	18	16	30	19	0.97	23
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	31	-18	16	9.31	-59	20	19	32	21	3.47	25
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.80	1.10	1.05	1.04	0.79	1.06	0.95	0.83	0.85	0.85	0.97
Price to Tangible Book Value (P/TBV)	0.82	1.13	1.08	1.07	0.81	1.08	0.98	0.85	0.87	0.87	0.99
Price to Revenue (P/Rev)	1.38	1.95	1.92	1.94	2.20	2.80	2.48	2.12	1.84	1.83	2.06
Price to Earnings (P/E)	8.07	24.89	33.92	37.11	0.00	0.00	0.00	207.38	12.08	15.30	15.20
Dividend Yield	2.10%	1.49%	1.56%	1.59%	1.68%	1.61%	1.74%	1.97%	1.87%	1.85%	1.63%
Earnings Yield	12.39%	4.02%	2.95%	2.69%	0.00%	0.00%	0.00%	0.48%	8.28%	6.54%	6.58%
Enterprise Value to Invested Capital (EV/IC)	0.70	0.84	0.62	0.83	0.57	0.70	0.62	0.56	0.59	0.66	0.88
Enterprise Value to Revenue (EV/Rev)	2.45	3.12	2.45	3.50	3.44	3.74	3.13	2.76	2.53	2.61	3.56
Enterprise Value to EBITDA (EV/EBITDA)	10.03	24.35	23.92	35.90	0.00	0.00	0.00	97.93	12.43	15.26	18.83
Enterprise Value to EBIT (EV/EBIT)	11.44	31.24	33.54	51.08	0.00	0.00	0.00	2,389.58	13.77	17.31	21.06
Enterprise Value to NOPAT (EV/NOPAT)	14.54	41.93	46.28	71.21	0.00	0.00	0.00	269.70	16.61	21.84	26.26
Enterprise Value to Operating Cash Flow (EV/OCF)	42.81	48.31	20.52	39.33	0.00	15.27	10.97	6.22	6.21	8.36	11.99
Enterprise Value to Free Cash Flow (EV/FCFF)	2.37	4.94	2.84	131.63	0.00	0.00	0.00	0.00	6.61	11.83	16.44
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.04	1.08	1.18	1.25	1.18	1.01	0.96	0.93	0.98	0.86	0.90
Long-Term Debt to Equity	1.04	1.08	1.18	1.25	1.18	1.01	0.96	0.93	0.98	0.86	0.90
Financial Leverage	1.32	1.28	1.41	1.26	1.12	1.04	1.06	1.07	1.08	0.93	0.93
Leverage Ratio	12.73	13.05	13.14	13.22	12.12	12.06	12.16	12.11	11.24	10.76	11.03
Compound Leverage Factor	12.73	13.05	13.14	13.22	12.12	12.06	11.46	12.11	11.24	21.26	11.03
Debt to Total Capital	50.86%	52.02%	54.05%	55.57%	54.20%	50.23%	48.94%	48.17%	49.48%	46.19%	47.48%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	50.86%	52.02%	54.05%	55.57%	54.20%	50.23%	48.94%	48.17%	49.48%	46.19%	47.48%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.20%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	49.14%	47.98%	45.95%	44.43%	45.80%	49.77%	51.06%	51.60%	50.52%	53.81%	52.52%
Debt to EBITDA	7.32	15.05	20.96	23.95	-20.78	-69.55	-75.33	84.82	10.40	10.74	10.16
Net Debt to EBITDA	4.35	9.10	5.20	16.03	-7.85	-24.40	-19.72	22.63	3.39	4.57	7.93
Long-Term Debt to EBITDA	7.32	15.05	20.96	23.95	-20.78	-69.55	-75.33	84.82	10.40	10.74	10.16
Debt to NOPAT	10.60	25.92	40.55	47.51	-24.22	-53.30	-56.12	233.58	13.90	15.38	14.17
Net Debt to NOPAT	6.31	15.67	10.05	31.81	-9.15	-18.70	-14.69	62.32	4.53	6.54	11.06
Long-Term Debt to NOPAT	10.60	25.92	40.55	47.51	-24.22	-53.30	-56.12	233.58	13.90	15.38	14.17
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.25%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	383	216	338	-3.91	-547	-238	-157	-107	116	47	53
Operating Cash Flow to CapEx	4,563.08%	-545.30%	80.07%	-154.89%	260.66%	9,790.40%	914.07%	4,297.76%	0.00%	700.10%	1,407.47%
Free Cash Flow to Firm to Interest Expense	6.30	3.38	5.07	-0.06	-7.74	-3.65	-2.59	-1.77	1.97	0.83	1.00
Operating Cash Flow to Interest Expense	0.80	-0.22	0.04	-0.03	0.06	1.19	0.33	0.95	0.39	0.64	0.21
Operating Cash Flow Less CapEx to Interest Expense	0.79	-0.26	-0.01	-0.06	0.04	1.18	0.30	0.93	0.40	0.55	0.19
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.05	0.04	0.04	0.04	0.03	0.03	0.03	0.04	0.04	0.04	0.04
Fixed Asset Turnover	9.95	9.70	9.28	10.20	8.59	8.91	9.10	11.07	13.83	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,468	1,534	1,606	1,653	1,971	1,789	1,775	1,783	1,871	1,745	1,740
Invested Capital Turnover	0.25	0.25	0.23	0.24	0.19	0.20	0.21	0.21	0.23	0.25	0.25
Increase / (Decrease) in Invested Capital	-361	-231	-327	8.87	504	255	169	130	-101	-44	-35
Enterprise Value (EV)	1,026	1,291	991	1,377	1,119	1,255	1,093	992	1,106	1,145	1,532
Market Capitalization	578	809	776	762	716	940	865	763	805	802	887
Book Value per Share	$21.45	$21.92	$21.97	$21.78	$26.96	$21.15	$21.62	$22.00	$22.63	$22.75	$22.72
Tangible Book Value per Share	$20.84	$21.35	$21.40	$21.21	$26.38	$20.69	$21.16	$21.54	$22.17	$22.29	$22.24
Total Capital	1,471	1,534	1,606	1,653	1,971	1,789	1,775	1,783	1,871	1,745	1,740
Total Debt	748	798	868	918	1,069	899	869	859	926	806	826
Total Long-Term Debt	748	798	868	918	1,069	899	869	859	926	806	826
Net Debt	445	482	215	615	404	315	227	229	302	343	645
Capital Expenditures (CapEx)	1.07	2.62	3.48	1.51	1.61	0.79	2.21	1.34	-1.02	5.21	0.78
Net Nonoperating Expense (NNE)	0.00	3.30	0.00	0.00	4.84	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	745	798	868	918	1,069	899	869	859	926	806	826
Total Depreciation and Amortization (D&A)	3.01	2.67	2.72	2.99	3.20	2.25	2.15	2.12	2.12	2.50	1.87
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.66	($0.51)	$0.32	$0.15	($1.43)	$0.52	$0.28	$0.55	$0.35	$0.08	$0.44
Adjusted Weighted Average Basic Shares Outstanding	33.58M	33.60M	33.72M	33.49M	42.11M	41.92M	41.83M	41.75M	41.27M	40.23M	39.35M
Adjusted Diluted Earnings per Share	$0.66	($0.52)	$0.31	$0.15	($1.43)	$0.53	$0.28	$0.55	$0.35	$0.08	$0.44
Adjusted Weighted Average Diluted Shares Outstanding	33.58M	33.60M	33.72M	33.49M	42.11M	41.92M	41.83M	41.75M	41.27M	40.23M	39.35M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	33.58M	33.60M	33.72M	33.49M	42.11M	41.92M	41.83M	41.75M	41.27M	40.23M	39.35M
Normalized Net Operating Profit after Tax (NOPAT)	22	-15	11	4.96	-43	17	12	23	15	1.33	19
Normalized NOPAT Margin	21.63%	-14.45%	11.43%	5.02%	-130.04%	15.16%	11.24%	20.86%	13.85%	1.20%	19.76%
Pre Tax Income Margin	27.94%	-20.65%	14.56%	6.40%	-185.77%	16.19%	14.50%	27.03%	17.06%	1.71%	23.49%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.46	-0.33	0.20	0.09	-0.88	0.28	0.27	0.49	0.32	0.02	0.44
NOPAT to Interest Expense	0.36	-0.23	0.16	0.07	-0.61	0.26	0.20	0.38	0.25	0.05	0.34
EBIT Less CapEx to Interest Expense	0.44	-0.37	0.15	0.07	-0.90	0.26	0.23	0.47	0.34	-0.07	0.42
NOPAT Less CapEx to Interest Expense	0.34	-0.27	0.11	0.05	-0.64	0.25	0.16	0.36	0.27	-0.04	0.32
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	17.11%	39.18%	56.30%	62.37%	-23.82%	-81.38%	-95.34%	392.60%	22.80%	28.80%	25.58%
Augmented Payout Ratio	24.10%	55.20%	76.69%	99.38%	-38.76%	-129.35%	-182.77%	749.09%	52.83%	91.76%	105.65%

Financials Breakdown Chart

Key Financial Trends

Below are key trend insights drawn from Amerant Bancorp’s quarterly results (cash flow, income statement, and balance sheet) over the last four years, focusing on recent 2025 performance and how it compares to prior periods. This is designed to help retail investors assess earnings quality, liquidity, and capital strength.

Net interest income (NII) improving in 2025. Q4 2025 NII was about $90.2 million, higher than Q4 2024’s roughly $87.6 million, signaling a continued favorable net interest contribution despite a challenging rate environment.
Profitability trends supported by multiple 2025 quarters. Consolidated net income (continuing operations) was positive in Q2 2025 (~$23.0 million) and Q3 2025 (~$14.8 million), indicating ongoing profitability across the year (Q4 2025 was lighter at about $2.7 million but still positive).
Balance sheet size edging higher. Total assets increased from about $10.35B in Q3 2024 to roughly $10.41B in Q3 2025, a modest expansion that can support ongoing lending and liquidity needs.
Capital position improving. Total equity rose from around $906.3M in Q3 2024 to about $944.9M in Q3 2025, reflecting enhanced capital base and cushion for potential credit losses.
Operating cash flow stayed positive in 2025. Net cash from continuing operating activities remained solid across the year (Q4 2025 about $36.48M; Q2 2025 about $57.59M; Q3 2025 about $22.70M; Q1 2025 about $20.21M).

Revenue base stable around $110–$111M per quarter in 2025. Q4 2025 total revenue was about $111.23M, Q3 2025 about $111.44M, Q2 2025 about $110.26M, and Q1 2025 about $106.37M, indicating a steady top-line level.
Loan book remains sizable and generally steady. Loans and Leases net of allowance hovered near the mid-to-high $6.8B range in 2025, suggesting a relatively stable loan portfolio amid quarterly adjustments.
Deposits stay substantial but show modest quarterly fluctuations. The deposits base sits in the mid-to-high-$8B range in 2025 (roughly $8.3B in 3Q25), with small quarterly movements year-over-year.

Credit provisioning volatility. Provision for credit losses varied meaningfully within 2025 (about $14.6M in Q3 2025 vs about $3.49M in Q4 2025), signaling changes in credit risk assessments or portfolio mix that investors may want to monitor.
Earnings per share (EPS) swing in 2025. Diluted EPS ranged from around $0.55 in Q2 2025 to $0.35 in Q3 2025 and $0.08 in Q4 2025, reflecting quarterly profitability volatility that could impact quarterly comparisons for investors.

05/05/26 05:29 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Amerant Bancorp's Financials

When does Amerant Bancorp's financial year end?

According to the most recent income statement we have on file, Amerant Bancorp's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

How has Amerant Bancorp's net income changed over the last 9 years?

Over the last 9 years, Amerant Bancorp's net income changed from $23.58 million in 2016 to $52.42 million in 2025, a change of 122.3%. Find out what analysts predict for Amerant Bancorp in the coming months.

How has Amerant Bancorp's revenue changed over the last 9 years?

Over the last 9 years, Amerant Bancorp's total revenue changed from $254.20 million in 2016 to $439.30 million in 2025, a change of 72.8%.

How much debt does Amerant Bancorp have?

Amerant Bancorp's total liabilities were at $8.84 billion at the end of 2025, a 1.9% decrease from 2024, and a 15.0% increase since 2017.

How much cash does Amerant Bancorp have?

In the past 8 years, Amerant Bancorp's cash and equivalents has ranged from $19.49 million in 2022 to $63.56 million in 2024, and is currently $53.48 million as of their latest financial filing in 2025.

How has Amerant Bancorp's book value per share changed over the last 9 years?

Over the last 9 years, Amerant Bancorp's book value per share changed from 0.00 in 2016 to 22.75 in 2025, a change of 2,275.0%.

Related Companies

Financial statements for NYSE:AMTB last updated on 5/2/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Amerant Bancorp (AMTB) Financials

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Amerant Bancorp (AMTB) Financials

Annual Income Statements for Amerant Bancorp

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Quarterly Balance Sheets for Amerant Bancorp

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Quarterly Metrics And Ratios for Amerant Bancorp

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Key Financial Trends

Frequently Asked Questions About Amerant Bancorp's Financials

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