NYSE$AMTB

Amerant Bancorp Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Reported net income attributable to the company of $20.9 million in the third quarter of 2022.

Amerant Bancorp Inc. reported strong loan and deposit growth, coupled with a higher net interest margin, driving earnings growth for the period. Net income attributable to the Company was $20.9 million, or $0.62 per diluted share.

  • Total assets increased to $8.7 billion.
  • Total gross loans increased to $6.50 billion.
  • Total deposits were $6.59 billion.
  • Net income attributable to the Company was $20.9 million.

Headline financials

Total Revenue

$85.9M

Previous: $65.3M+31.6%
EPS (adj)

$0.63

Previous: $0.47+34.0%
Net Interest Margin

3.6%

Previous: 2.9%+22.8%
Efficiency Ratio

65.4%

Previous: 74.2%-11.9%
Loan to Deposit Ratio

98.7%

No prior period
Capital Expenditures

-$8.03M

Previous: -$4.49M-78.8%
Free Cash Flow

$12.9M

Previous: $12.5M+2.8%
Net Income

$20.9M

Previous: $17M+22.8%
Operating Income

$44.3M

Previous: $38.6M+14.6%
Gross Profit

$82.9M

Previous: $60.3M+37.5%
Cash & Equivalents

$256M

Previous: $166M+54.0%
Total Assets

$8.74B

Previous: $7.49B+16.7%
Stock-Based Comp

$1.65M

Previous: $1.17M+40.8%

Revenue & EPS history

Amerant · Revenue · Quarterly

$85.9M

Q3 2022+31.6%vs Q3 2021
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Forward guidance

The company will hold an earnings conference call on Friday, October 21, 2022 at 9:00 a.m. (Eastern Time) to discuss its third quarter 2022 results.

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 Q3 2022

Historical avgQ3 2022

-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

Earnings price reactions
QuarterReport dateReaction (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

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