Amerant Bancorp (NYSE:AMTB) Upgraded to “Buy” at Wall Street Zen

Wall Street Zen upgraded shares of Amerant Bancorp (NYSE:AMTB) from a hold rating to a buy rating in a research report report published on Sunday.

Amerant Bancorp Trading Down 0.7%

Shares of NYSE:AMTB opened at $20.03 on Friday. The firm has a market cap of $837.85 million, a price-to-earnings ratio of 12.77 and a beta of 1.31. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.95 and a current ratio of 0.96. Amerant Bancorp has a one year low of $16.21 and a one year high of $26.24.

Amerant Bancorp Company Profile

Amerant Bancorp Inc operates as the bank holding company for Amerant Bank, N.A. that provides banking products and services to individuals and businesses in the United States and internationally. The company offers checking, savings, and money market accounts; and certificates of deposits. It also provides variable and fixed rate commercial real estate loans; loans secured by owner-occupied properties; loans to domestic and foreign individuals primarily secured by personal residence; working capital loans, asset-based lending, participations in shared national credits, purchased receivables, and small business administration loans; loans to financial institutions and acceptances; and consumer loans and overdrafts, such as automobile, personal, or loans secured by cash or securities and revolving credit card agreements.