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

Amerant Bancorp Inc. (NYSE:AMTB) hit a new 52-week high during trading on Friday following a stronger than expected earnings report. 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 the consensus estimate of $0.57 by $0.08. The firm had revenue of $90.46 million during the quarter, compared to analyst estimates of $103.35 million. Amerant Bancorp had a net margin of 8.76% and a return on equity of 8.30%.

Amerant Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 27th. Shareholders 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 yield of 1.2%. Amerant Bancorp’s dividend payout ratio is presently 25.90%.

Trending Headlines about Amerant Bancorp

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

AMTB has been the subject of several research reports. Weiss Ratings upgraded shares of Amerant Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Keefe, Bruyette & Woods upped their target price on Amerant Bancorp from $26.00 to $31.00 and gave the company a “market perform” rating in a research report on Monday, August 3rd. Zacks Research lowered Amerant Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 24th. Finally, Stephens cut Amerant Bancorp from an “overweight” rating to an “equal weight” rating and set a $32.00 price target for the company. in a research report on Wednesday, August 12th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $27.75.

Institutional Trading of Amerant Bancorp

Several institutional investors and hedge funds have recently bought and sold shares of the business. Nykredit A S acquired a new stake in Amerant Bancorp during the 2nd quarter valued at approximately $29,000. State of Alaska Department of Revenue acquired a new stake in shares of Amerant Bancorp in the third quarter worth $39,000. Royal Bank of Canada increased its stake in shares of Amerant Bancorp by 149.2% in the first quarter. Royal Bank of Canada now owns 2,524 shares of the company’s stock worth $56,000 after acquiring an additional 1,511 shares during the period. USA Financial Formulas acquired a new stake in shares of Amerant Bancorp in the third quarter worth $50,000. Finally, Nisa Investment Advisors LLC increased its stake in shares of Amerant Bancorp by 455.6% in the third quarter. Nisa Investment Advisors LLC now owns 2,350 shares of the company’s stock worth $67,000 after acquiring an additional 1,927 shares during the period. 42.11% of the stock is currently owned by institutional investors and hedge funds.

Amerant Bancorp Trading Up 0.8%

The company has a debt-to-equity ratio of 0.87, a current ratio of 0.86 and a quick ratio of 0.84. The company’s fifty day moving average is $29.11 and its 200-day moving average is $26.27. The stock has a market cap 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.