NYSE$AMTB
Amerant Bancorp Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Reported net income of $14.5 million and diluted earnings per share of $0.38.
Amerant Bancorp Inc. reported a net income of $14.5 million, or $0.38 per diluted share, for the first quarter of 2021. This represents an increase compared to both the previous quarter and the same quarter of the prior year. The positive results were primarily driven by higher non-interest income and lower expenses. The company originated $81.5 million in Paycheck Protection Program (“PPP”) loans and Reached $2 billion in Assets Under Management (“AUM”).
- Net income was $14.5 million, up 70.7% from the previous quarter and 327.5% from Q1 2020.
- Net Interest Income (NII) was $47.6 million, a decrease of 2.2% from the previous quarter and 3.4% from Q1 2020.
- Noninterest income increased by 23.0% to $14.2 million compared to the fourth quarter of 2020.
- Noninterest expense decreased by 15.5% to $43.6 million compared to the fourth quarter of 2020.
Headline financials
Revenue & EPS history
Amerant · Revenue · Quarterly
$61.7M
Forward guidance
Amerant will focus on core deposit growth, building brand awareness, rationalizing business lines and geographies, driving cost efficiencies, and optimizing capital to improve performance.
Tailwinds
- Focus on core deposit growth.
- Building brand awareness.
- Rationalizing business lines and geographies.
- Driving cost efficiencies across the business.
- Optimizing capital.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
-0.6%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+5.6%
Avg return
30 days after
54%
19 / 35 earnings
Positive
+16.5%
Q1 2020
Best reaction
-13.1%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.5% | -4.7% | -7.0% | |
| Q4 2025 | -4.5% | -6.0% | +1.7% | |
| Q3 2025 | -3.7% | -4.3% | +7.5% | |
| Q2 2025 | -3.1% | -1.8% | +2.8% | |
| Q1 2025 | -13.1% | -12.4% | -12.4% | |
| Q4 2024 | +3.3% | +3.5% | -0.2% | |
| Q3 2024 | +0.1% | +6.6% | +24.5% | |
| Q2 2024 | -9.2% | -18.2% | -17.4% | |
| Q1 2024 | -2.8% | -3.7% | -1.8% | |
| Q4 2023 | +2.2% | +0.5% | -8.9% | |
| Q3 2023 | -9.4% | -10.2% | +11.0% | |
| Q2 2023 | -2.8% | -1.9% | -1.5% | |
| Q1 2023 | -4.6% | -5.3% | -5.8% | |
| Q4 2022 | +2.2% | -0.3% | +6.9% | |
| Q3 2022 | +6.7% | +12.7% | +11.2% | |
| Q2 2022 | -8.5% | -8.2% | -3.2% | |
| Q1 2022 | +1.5% | -4.4% | -1.7% | |
| Q4 2021 | -0.6% | +3.4% | -1.9% | |
| Q3 2021 | -0.4% | -0.4% | +17.3% | |
| Q2 2021 | +1.4% | +2.9% | +11.8% | |
| Q1 2021 | +1.4% | +10.8% | +34.6% | |
| Q4 2020 | +0.1% | +6.5% | +13.2% | |
| Q3 2020 | +6.9% | +16.8% | +64.1% | |
| Q2 2020 | -9.9% | -3.5% | -3.4% | |
| Q1 2020 | +16.5% | +6.7% | +1.7% | |
| Q4 2019 | -5.4% | -3.6% | -6.3% | |
| Q3 2019 | +0.3% | +2.2% | +11.6% | |
| Q2 2019 | -1.6% | +3.0% | -6.8% | |
| Q1 2018 | +0.8% | -0.8% | +3.4% | |
| Q1 2019 | +7.2% | +17.3% | +24.2% | |
| Q4 2016 | +10.9% | +14.9% | +28.9% | |
| Q4 2018 | +5.6% | +5.3% | +18.9% | |
| Q3 2018 | -11.2% | -11.8% | -31.4% | |
| Q2 2018 | +0.3% | — | — | |
| Q4 2017 | +0.3% | — | — | |
| Q3 2017 | — | — | — | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro