Amerant Bancorp (AMTB) Set to Announce Earnings on Wednesday

Amerant Bancorp (NASDAQ:AMTB) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, April 24th. Analysts expect the company to announce earnings of $0.37 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Amerant Bancorp (NASDAQ:AMTB) last issued its earnings results on Wednesday, January 24th. The company reported $0.46 EPS for the quarter, meeting the consensus estimate of $0.46. Amerant Bancorp had a net margin of 5.11% and a return on equity of 8.88%. The company had revenue of $101.29 million for the quarter, compared to the consensus estimate of $91.52 million. On average, analysts expect Amerant Bancorp to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Amerant Bancorp Stock Up 0.1 %

Shares of NASDAQ:AMTB opened at $22.20 on Tuesday. The company’s fifty day moving average is $21.94 and its 200-day moving average is $21.83. The company has a market capitalization of $745.92 million, a PE ratio of 22.89 and a beta of 0.99. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.91 and a current ratio of 0.96. Amerant Bancorp has a 52 week low of $15.79 and a 52 week high of $26.13.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Piper Sandler reiterated a “neutral” rating and set a $25.00 price target on shares of Amerant Bancorp in a research report on Friday, January 26th. Keefe, Bruyette & Woods upped their price target on shares of Amerant Bancorp from $27.00 to $28.00 and gave the stock a “market perform” rating in a research report on Friday, January 26th. Finally, Raymond James upped their price target on shares of Amerant Bancorp from $23.00 to $27.00 and gave the stock an “outperform” rating in a research report on Friday, January 26th.

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. It offers checking, savings, business, and money market accounts; cash management services; and certificates of deposits.