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Amerant Bancorp

DB:0KZA
Snowflake Description

Flawless balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0KZA
DB
$718M
Market Cap
  1. Home
  2. DE
  3. Banks
Company description

Amerant Bancorp Inc. operates as a bank holding company for Amerant Bank, N.A. The last earnings update was 67 days ago. More info.


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0KZA Share Price and Events
7 Day Returns
-5.2%
DB:0KZA
2%
DE Banks
-1%
DE Market
1 Year Returns
-
DB:0KZA
-23.8%
DE Banks
-6.2%
DE Market
0KZA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Amerant Bancorp (0KZA) -5.2% -5.6% 12.7% - - -
DE Banks 2% 3.9% -15.3% -23.8% 6.2% -32.8%
DE Market -1% 2.1% -1.8% -6.2% 10.4% 12.6%
1 Year Return vs Industry and Market
  • No trading data on 0KZA.
  • No trading data on 0KZA.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Amerant Bancorp undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Amerant Bancorp to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Amerant Bancorp.

DB:0KZA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 4 analysts.
= Stable Book Value * Return on Equity
= $19.95 * 7.3%
$1.47
Book Value of Equity per Share Weighted future Book Value estimates from 4 analysts. $19.95
Discount Rate (Cost of Equity) See below 7.7%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:0KZA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.59
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.593 (1 + (1- 21%) (166.13%))
1.248
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.25
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.248 * 5.96%)
7.67%

Discounted Cash Flow Calculation for DB:0KZA using Excess Returns Model Model

The calculations below outline how an intrinsic value for Amerant Bancorp is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

DB:0KZA Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (7.3% – 7.67%) * $19.95)
$-0.06
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $-0.06 / (7.67% - 0.23%)
$-0.86
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $19.95 + $-0.86
$19.08
DB:0KZA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:0KZA represents 0.89369x of NasdaqGS:AMTB
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.89369x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 19.08 x 0.89369
€17.06
Value per share (EUR) From above. €17.06
Current discount Discount to share price of €15.72
= -1 x (€15.72 - €17.06) / €17.06
7.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Amerant Bancorp is available for.
Intrinsic value
8%
Share price is €15.72 vs Future cash flow value of €17.06
Current Discount Checks
For Amerant Bancorp to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Amerant Bancorp's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Amerant Bancorp's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Amerant Bancorp's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Amerant Bancorp's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:0KZA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $1.16
NasdaqGS:AMTB Share Price ** NasdaqGS (2019-07-16) in USD $17.59
Germany Banks Industry PE Ratio Median Figure of 6 Publicly-Listed Banks Companies 14.76x
Germany Market PE Ratio Median Figure of 419 Publicly-Listed Companies 19.92x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Amerant Bancorp.

DB:0KZA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:AMTB Share Price ÷ EPS (both in USD)

= 17.59 ÷ 1.16

15.13x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Amerant Bancorp is overvalued based on earnings compared to the DE Banks industry average.
  • Amerant Bancorp is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Amerant Bancorp's expected growth come at a high price?
Raw Data
DB:0KZA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.13x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
15.7%per year
Europe Banks Industry PEG Ratio Median Figure of 114 Publicly-Listed Banks Companies 0.89x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

DB:0KZA PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.13x ÷ 15.7%

0.97x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Amerant Bancorp is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Amerant Bancorp's assets?
Raw Data
DB:0KZA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $18.02
NasdaqGS:AMTB Share Price * NasdaqGS (2019-07-16) in USD $17.59
Germany Banks Industry PB Ratio Median Figure of 6 Publicly-Listed Banks Companies 0.7x
Germany Market PB Ratio Median Figure of 565 Publicly-Listed Companies 1.75x
DB:0KZA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:AMTB Share Price ÷ Book Value per Share (both in USD)

= 17.59 ÷ 18.02

0.98x

* Primary Listing of Amerant Bancorp.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Amerant Bancorp is overvalued based on assets compared to the DE Banks industry average.
X
Value checks
We assess Amerant Bancorp's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Amerant Bancorp has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
15.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Amerant Bancorp expected to grow at an attractive rate?
  • Amerant Bancorp's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Amerant Bancorp's earnings growth is expected to exceed the Germany market average.
  • Amerant Bancorp's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:0KZA Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:0KZA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 15.7%
DB:0KZA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 2.2%
Germany Banks Industry Earnings Growth Rate Market Cap Weighted Average 11.9%
Germany Banks Industry Revenue Growth Rate Market Cap Weighted Average 3.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:0KZA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:0KZA Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 293 77 1
2020-12-31 275 62 3
2019-12-31 273 54 3
DB:0KZA Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 273 61 49
2018-12-31 272 62 46
2018-09-30 284 25 40
2018-06-30 295 55 46
2018-03-31 293 73 46
2017-12-31 285 73 43
2016-12-31 231 75 24

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Amerant Bancorp's earnings are expected to grow by 15.7% yearly, however this is not considered high growth (20% yearly).
  • Amerant Bancorp's revenue is expected to grow by 2.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:0KZA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Amerant Bancorp Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0KZA Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 1.75 1.75 1.75 1.00
2020-12-31 1.42 1.53 1.20 4.00
2019-12-31 1.22 1.26 1.15 4.00
DB:0KZA Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 1.16
2018-12-31 1.08
2018-09-30 0.95
2018-06-30 1.08
2018-03-31 1.08
2017-12-31 1.01
2016-12-31 0.55

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Amerant Bancorp is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Amerant Bancorp's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Amerant Bancorp has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Amerant Bancorp performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Amerant Bancorp's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Amerant Bancorp has delivered over 20% year on year earnings growth in the past 5 years.
  • Amerant Bancorp's 1-year earnings growth is less than its 5-year average (7.6% vs 27.8%)
  • Amerant Bancorp's earnings growth has exceeded the DE Banks industry average in the past year (7.6% vs 4.7%).
Earnings and Revenue History
Amerant Bancorp's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Amerant Bancorp Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0KZA Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 273.12 49.48 185.02
2018-12-31 271.66 45.83 186.26
2018-09-30 284.16 40.22 187.09
2018-06-30 295.18 46.01 186.54
2018-03-31 292.79 45.98 183.32
2017-12-31 284.69 43.06 180.05
2016-12-31 231.38 23.58 177.51
2015-12-31 215.82 15.05 171.44

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Amerant Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Amerant Bancorp used its assets more efficiently than the DE Banks industry average last year based on Return on Assets.
  • Unable to establish if Amerant Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Amerant Bancorp's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Amerant Bancorp has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

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

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Amerant Bancorp's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Amerant Bancorp Company Filings, last reported 3 months ago.

DB:0KZA Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 778.75 1,193.10 94.68
2018-12-31 747.42 1,286.50 97.00
2018-09-30 727.68 1,458.08 122.18
2018-06-30 719.38 1,377.50 133.04
2018-03-31 712.27 1,351.66 265.66
2017-12-31 753.45 1,292.68 159.28
2016-12-31 704.74 1,099.11 130.79
2015-12-31
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Amerant Bancorp has an acceptable proportion of non-loan assets held.
  • Amerant Bancorp's liabilities are made up of primarily low risk sources of funding.
  • Loans at Amerant Bancorp are broadly funded by customer deposits.
  • Amerant Bancorp's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Amerant Bancorp has a sufficient allowance for bad loans.
  • Amerant Bancorp has an acceptable level of bad loans (less than 2%).
X
Financial health checks
We assess Amerant Bancorp's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Amerant Bancorp has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Amerant Bancorp dividends. Estimated to be 0% next year.
If you bought €2,000 of Amerant Bancorp shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Amerant Bancorp's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Amerant Bancorp's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:0KZA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
Germany Banks Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 3.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:0KZA Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31 0.00 3.00
2019-12-31 0.00 3.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Amerant Bancorp has not reported any payouts.
  • Unable to verify if Amerant Bancorp's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Amerant Bancorp's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Amerant Bancorp has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Amerant Bancorp's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Amerant Bancorp's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Amerant Bancorp afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Amerant Bancorp has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Amerant Bancorp's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Millar Wilson
COMPENSATION $5,175,384
AGE 66
TENURE AS CEO 10.5 years
CEO Bio

Mr. Millar Wilson serves as Chief Executive Officer of Mercantil Commercebank Florida Bancorp and Mercantil Commercebank Holding Corporation. Mr. Wilson serves as Executive Director of International Business at Mercantil Servicios Financieros CA and served as its Global International Operations Manager. He is the Chief Executive Officer of Amerant Bank, National Association ("Bank") and Mercantil Bank Holding Corporation from 2009. Mr. Wilson serves as Executive Director of International Business of Mercantil, CA, Banco Universal. He serves as Country Manager of Mercantil in the United States. He served as Global Risk Manager of Mercantil Servicios Financieros. He served as President of the Bank until May 2013. He served as the Chief Risk Officer of the Bank. He served as Treasurer of the Miami Dade College Foundation from 1999 to 2004. He served as Chairman of the Board of the American Red Cross of the Greater Miami and the Keys from 2001 to 2002. He served as Chairman of the Supervisory Board of Mercantil Bank Curacao. He serves as a Director of Mercantil Bank (Panamá), SA. He serves as a Director of Commercebank Trust Company, N.A. He has been Vice Chairman of the Board at Amerant Bank, National Association and Mercantil Bank Holding Corporation since May 2013 and has been its Director since 1987. He served as a Director of Enterprise Florida, Inc. Mr. Wilson served as a Director of the Miami Dade College Foundation from 1999 to 2004. He served as Member of the Board of Directors of Mercantil Bank & Trust (Cayman), Mercantil Bank Panama, Mercantil Seguros and Mercantil Merinvest. He was a member of the Board of Directors of Amerant Bank, National Association and its subsidiaries Mercantil Commercebank Investment Services and Amerant Trust, National Association. He is a Graduate of the Management Development Program of Harvard Business School (1992). Mr. Wilson graduated in Business and Administrative Studies from Bradford University, England (1973).

CEO Compensation
  • Millar's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.
  • Millar's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Amerant Bancorp management team in years:

1.4
Average Tenure
58
Average Age
  • The average tenure for the Amerant Bancorp management team is less than 2 years, this suggests a new team.
Management Team

Millar Wilson

TITLE
Vice-Chairman & CEO
COMPENSATION
$5M
AGE
66
TENURE
10.5 yrs

Al Peraza

TITLE
Co-President & CFO
COMPENSATION
$3M
AGE
59
TENURE
1.4 yrs

Miguel Palacios

TITLE
Executive VP & Chief Business Officer
COMPENSATION
$2M
AGE
51
TENURE
1.4 yrs

Alfonso Figueredo

TITLE
Co-President & COO
AGE
58
TENURE
1.4 yrs

Jorge Trabanco

TITLE
Chief Accounting Officer
AGE
58
TENURE
1.3 yrs

Alberto Capriles

TITLE
Executive VP & Chief Risk Officer
AGE
51
TENURE
1.4 yrs

Ivan Trujillo

TITLE
Senior VP & Company Secretary
TENURE
15.5 yrs

Herbie Folgueira

TITLE
Technology Officer

Julio Peña

TITLE
Senior VP & Assistant Corporate Secretary
TENURE
14.5 yrs
Board of Directors Tenure

Average tenure and age of the Amerant Bancorp board of directors in years:

12.5
Average Tenure
66
Average Age
  • The average tenure for the Amerant Bancorp board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Rick Copeland

TITLE
Non-Executive Chairman
COMPENSATION
$346K
AGE
77
TENURE
0.6 yrs

Millar Wilson

TITLE
Vice-Chairman & CEO
COMPENSATION
$5M
AGE
66
TENURE
6.5 yrs

Ivan Trujillo

TITLE
Senior VP & Company Secretary

J. Villar

TITLE
Director
COMPENSATION
$292K
AGE
76
TENURE
21.5 yrs

Tony Villamil

TITLE
Director
COMPENSATION
$282K
AGE
72
TENURE
16.5 yrs

Pamella Dana

TITLE
Director
COMPENSATION
$312K
AGE
56
TENURE
12.5 yrs

Rosa de Costantino

TITLE
Director
COMPENSATION
$255K
AGE
61
TENURE
1.5 yrs

Gustavo Marturet Medina

TITLE
Director
COMPENSATION
$262K
AGE
53
TENURE
4.5 yrs

Miguel Angel C. López

TITLE
Director
COMPENSATION
$265K
AGE
55
TENURE
16.5 yrs

Gustavo Julio Acedo

TITLE
Director
COMPENSATION
$309K
AGE
69
TENURE
16.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
04. Apr 19 Buy Patriot Financial Partners, L.P. Company 28. Feb 19 28. Feb 19 200,000 €12.29 €2,458,680
27. Dec 18 Buy Miguel Palacios Individual 21. Dec 18 21. Dec 18 5,769 €11.39 €65,712
27. Dec 18 Buy Alfonso Figueredo Individual 21. Dec 18 21. Dec 18 4,615 €11.39 €52,568
27. Dec 18 Buy Jose Villamil Individual 21. Dec 18 21. Dec 18 769 €11.39 €8,759
27. Dec 18 Buy Alberto Peraza Individual 21. Dec 18 21. Dec 18 10,000 €11.39 €113,906
27. Dec 18 Buy J. Villar Individual 21. Dec 18 21. Dec 18 769 €11.39 €8,759
27. Dec 18 Buy Pamella Dana Individual 21. Dec 18 21. Dec 18 769 €11.39 €8,759
27. Dec 18 Sell Mercantil Servicios Financieros, C.A. Company 21. Dec 18 21. Dec 18 -4,922,477 €11.39 €-56,069,967
27. Dec 18 Buy Frederick Copeland Individual 21. Dec 18 21. Dec 18 6,000 €11.39 €68,344
27. Dec 18 Buy Alberto Capriles Individual 21. Dec 18 21. Dec 18 2,500 €11.39 €28,477
27. Dec 18 Buy Millar Wilson Individual 21. Dec 18 21. Dec 18 30,769 €11.39 €350,477
X
Management checks
We assess Amerant Bancorp's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Amerant Bancorp has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Amerant Bancorp Inc. operates as a 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 operates through four segments: Personal and Commercial Banking, Corporate LATAM, Treasury, and Institutional. 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 banking, mobile banking, e-statements, night depository, direct deposit, and treasury management services; and cashier’s checks, safe deposit boxes, and letters of credit. As of March 21, 2019, it operated 23 banking centers comprising 15 in South Florida and 8 in Houston, 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.

Details
Name: Amerant Bancorp Inc.
0KZA
Exchange: DB
Founded: 1979
$640,316,896
43,204,592
Website: http://www.amerantbank.com
Address: Amerant Bancorp Inc.
220 Alhambra Circle,
Coral Gables,
Florida, 33134,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS AMTB Class A Common Stock Nasdaq Global Select US USD 16. Aug 2018
DB 0KZA Class A Common Stock Deutsche Boerse AG DE EUR 16. Aug 2018
NasdaqGS AMTB.B Class B Common Stock Nasdaq Global Select US USD 16. Aug 2018
Number of employees
Current staff
Staff numbers
911
Amerant Bancorp employees.
Industry
Regional Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/16 22:27
End of day share price update: 2019/07/16 00:00
Last estimates confirmation: 2019/07/11
Last earnings filing: 2019/05/10
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.