DB:0KZA

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Amerant Bancorp

Executive Summary

Amerant Bancorp Inc. operates as the bank holding company for Amerant Bank, N.A.


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

How has Amerant Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 0KZA has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-4.5%

0KZA

8.6%

DE Banks

1.6%

DE Market


1 Year Return

-19.7%

0KZA

-12.0%

DE Banks

2.5%

DE Market

Return vs Industry: 0KZA underperformed the German Banks industry which returned -9.3% over the past year.

Return vs Market: 0KZA underperformed the German Market which returned 2.1% over the past year.


Shareholder returns

0KZAIndustryMarket
7 Day-4.5%8.6%1.6%
30 Dayn/a-1.1%-1.4%
90 Dayn/a25.8%16.4%
1 Year-19.7%-19.7%-12.0%-12.0%4.8%2.5%
3 Yearn/a-41.4%-43.6%1.2%-7.1%
5 Yearn/a-36.4%-48.7%9.4%-5.2%

Price Volatility Vs. Market

How volatile is Amerant Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Amerant Bancorp undervalued compared to its fair value and its price relative to the market?

13.14x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 0KZA (€12.6) is trading above our estimate of fair value (€5.1)

Significantly Below Fair Value: 0KZA is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 0KZA is good value based on its PE Ratio (13.1x) compared to the Banks industry average (20.1x).

PE vs Market: 0KZA is good value based on its PE Ratio (13.1x) compared to the German market (21.1x).


Price to Earnings Growth Ratio

PEG Ratio: 0KZA's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: 0KZA is good value based on its PB Ratio (0.6x) compared to the DE Banks industry average (0.8x).


Next Steps

Future Growth

How is Amerant Bancorp forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

-6.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 0KZA's earnings are forecast to decline over the next 3 years (-6.4% per year).

Earnings vs Market: 0KZA's earnings are forecast to decline over the next 3 years (-6.4% per year).

High Growth Earnings: 0KZA's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 0KZA's revenue is expected to decline over the next 3 years (-0.8% per year).

High Growth Revenue: 0KZA's revenue is forecast to decline over the next 3 years (-0.8% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 0KZA's Return on Equity is forecast to be low in 3 years time (2.5%).


Next Steps

Past Performance

How has Amerant Bancorp performed over the past 5 years?

18.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 0KZA has high quality earnings.

Growing Profit Margin: 0KZA's current net profit margins (16.3%) are lower than last year (18.1%).


Past Earnings Growth Analysis

Earnings Trend: 0KZA's earnings have grown by 18.8% per year over the past 5 years.

Accelerating Growth: 0KZA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 0KZA had negative earnings growth (-15.9%) over the past year, making it difficult to compare to the Banks industry average (4%).


Return on Equity

High ROE: 0KZA's Return on Equity (5%) is considered low.


Next Steps

Financial Health

How is Amerant Bancorp's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: 0KZA's Assets to Equity ratio (9.6x) is low.

Allowance for Bad Loans: 0KZA has a sufficient allowance for bad loans (218%).

Low Risk Liabilities: 80% of 0KZA's liabilities are made up of primarily low risk sources of funding.

Loan Level: 0KZA has an appropriate level of Loans to Assets ratio (69%).

Low Risk Deposits: 0KZA's Loans to Deposits ratio (96%) is appropriate.

Level of Bad Loans: 0KZA has an appropriate level of bad loans (0.6%).


Next Steps

Dividend

What is Amerant Bancorp current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 0KZA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 0KZA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 0KZA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 0KZA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 0KZA's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Millar Wilson (67yo)

11.5yrs

Tenure

US$2,416,184

Compensation

Mr. Millar Wilson serves as Vice Chairman and Chief Executive Officer of Amerant Florida Bancorp Inc. Mr. Wilson serves as Executive Director of International Business at Mercantil Servicios Financieros CA ...


CEO Compensation Analysis

Compensation vs Market: Millar's total compensation ($USD2.42M) is above average for companies of similar size in the German market ($USD1.06M).

Compensation vs Earnings: Millar's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Millar Wilson
Vice-Chairman & CEO11.5yrsUS$2.42m0.45% $2.0m
Miguel Palacios
Executive VP & Chief Business Officer2.42yrsUS$1.11m0.093% $413.7k
Alfonso Figueredo
President & COO0.33yrno data0.17% $762.3k
Carlos Lafigliola
Executive VP & CFO0.33yrno data0.019% $85.6k
Jorge Trabanco
Chief Accounting Officer2.25yrsno data0.025% $109.2k
Laura Rossi
Head of Investor Relationsno datano datano data
Ivan Trujillo
Executive VPno datano datano data
Manolo Cuervo
Executive Vice President of Human Resources0.75yrno datano data
Alberto Capriles Santander
Executive VP & Chief Risk Officer4.5yrsno data0.047% $208.8k
Herbie Folgueira
Technology Officerno datano datano data

2.3yrs

Average Tenure

55.5yo

Average Age

Experienced Management: 0KZA's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Millar Wilson
Vice-Chairman & CEO11.5yrsUS$2.42m0.45% $2.0m
J. Villar
Independent Director22.5yrsUS$150.10k0.025% $109.5k
Frederick Copeland
Independent Non-Executive Chairman1.58yrsUS$285.20k0.032% $143.5k
Jose Villamil
Independent Director17.5yrsUS$225.40k0.025% $109.5k
Miguel Angel Capriles López
Director17.5yrsUS$128.80k9.33% $41.5m
Gustavo Vollmer Acedo
Director17.5yrsUS$226.80k6.01% $26.7m
Gerald Plush
Independent Director1yrUS$43.40k0.00024% $1.1k
Pamella Dana
Independent Director13.5yrsUS$164.60k0.025% $109.5k
Rosa Maria de Costantino
Independent Director2.5yrsUS$147.60k0.041% $182.2k
Gustavo Antonio Marturet Medina
Director5.5yrsUS$137.60k9.29% $41.3m

10.5yrs

Average Tenure

64.5yo

Average Age

Experienced Board: 0KZA's board of directors are seasoned and experienced ( 10.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Amerant Bancorp Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Amerant Bancorp Inc.
  • Ticker: 0KZA
  • Exchange: DB
  • Founded: 1979
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$502.954m
  • Listing Market Cap: US$444.410m
  • Shares outstanding: 42.17m
  • Website: https://www.amerantbank.com

Number of Employees


Location

  • Amerant Bancorp Inc.
  • 220 Alhambra Circle
  • Coral Gables
  • Florida
  • 33134
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AMTB.BNasdaqGS (Nasdaq Global Select)Class B Common StockUSUSDAug 2018
AMTBNasdaqGS (Nasdaq Global Select)YesClass A Common StockUSUSDAug 2018
0KZADB (Deutsche Boerse AG)YesClass A Common StockDEEURAug 2018

Biography

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. It offers a range of checking and savings accounts, certificates of deposit, and money market accounts. The company 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. In addition, it offers trust and estate planning products and services, brokerage and investment advisory services in global capital markets, and wealth management and fiduciary services. Further, the company provides debit and credit cards; remote deposit capture, online and mobile banking, night depository, direct deposit, and treasury management services; and cashier’s checks, safe deposit boxes, and letters of credit, as well as automated teller machines. As of April 10, 2020, it operated 27 banking centers comprising 19 in South Florida and 8 in Houston, Texas, as well as loan production offices in Dallas, Texas, and New York. The company was formerly known as Mercantil Bank Holding Corporation and changed its name to Amerant Bancorp Inc. in June 2019. Amerant Bancorp Inc. was founded in 1979 and is headquartered in Coral Gables, Florida. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/08 21:29
End of Day Share Price2020/07/07 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.