NYSE$AMTB

Amerant Bancorp Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Amerant's financial performance reflected a decrease in net income and net interest income but an increase in noninterest income, driven by strategic initiatives and market factors.

Amerant Bancorp Inc. reported a net income of $13.5 million for Q4 2019, a decrease of 6.6% compared to Q4 2018. The decrease was influenced by lower market rates and a spread compression environment, affecting earnings assets, coupled with higher deposit costs. Noninterest income increased by 33.3%, driven by a gain on the sale of vacant land and increased fees from derivative contracts.

  • Net income decreased by 6.6% compared to the fourth quarter of 2018, totaling $13.5 million.
  • Net interest income decreased by 9.7% compared to the fourth quarter of 2018, amounting to $51.3 million.
  • Noninterest income increased by 33.3% compared to the fourth quarter of 2018, reaching $16.0 million.
  • Credit quality remained strong, with a release of $0.3 million from the allowance for loan losses.

Headline financials

Total Revenue

$67.2M

Previous: $68.8M-2.2%
EPS (adj)

$0.26

Previous: $0.47-44.7%
Net Interest Margin

2.7%

Previous: 3.0%-7.1%
Efficiency Ratio

76.9%

Previous: 79.5%-3.2%
Return on Assets

0.7%

Previous: 0.7%-2.9%
Return on Equity

6.4%

Previous: 7.9%-18.3%
Capital Expenditures

$5.88M

Previous: $4.49M+31.0%
Free Cash Flow

-$3.35M

Previous: $17M-119.7%
Net Income

$13.5M

Previous: $14.4M-6.6%
Operating Income

$15.4M

No prior period
Cash & Equivalents

$121M

Previous: $85.7M+41.6%
Total Assets

$7.99B

Previous: $8.12B-1.7%
Stock-Based Comp

$1.92M

Previous: $166K+1054.2%

Revenue & EPS history

Amerant · Revenue · Quarterly

$67.2M

Q4 2019-2.2%vs Q4 2018
Beat estimate in 6 of 9 quarters(67%)
ActualEstimate

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 Q4 2019

Historical avgQ4 2019

-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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