NYSE$AMTB

Amerant Bancorp Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Reported a net income of $8.5 million, demonstrating a significant rebound from the previous quarter and reflecting the strength built throughout the year.

Amerant Bancorp Inc. reported a net income of $8.5 million for Q4 2020, a decrease compared to $13.5 million in Q4 2019. The company's credit quality was strong, with no provision for loan losses recorded in the fourth quarter. The net interest margin rebounded from the third quarter of 2020.

  • Net income was $8.5 million, down 37.1% from Q4 2019.
  • Net interest income was $48.7 million, down 5.1% from Q4 2019.
  • There was no provision for loan losses recorded during the fourth quarter of 2020.
  • Noninterest income was $11.5 million, down 27.9% compared to Q4 2019.

Headline financials

Total Revenue

$60.2M

Previous: $67.2M-10.5%
EPS (adj)

$0.27

Previous: $0.26+3.8%
Net Interest Margin

2.6%

Previous: 2.7%-4.7%
Efficiency Ratio

85.8%

Previous: 76.9%+11.5%
Return on Assets

0.4%

Previous: 0.7%-38.2%
Return on Equity

4.1%

Previous: 6.4%-36.5%
Capital Expenditures

$1.73M

Previous: $5.88M-70.6%
Free Cash Flow

$5.21M

Previous: -$3.35M+255.6%
Net Income

$8.5M

Previous: $13.5M-36.9%
Operating Income

$7.51M

Previous: $15.4M-51.2%
Cash & Equivalents

$214M

Previous: $121M+76.7%
Total Assets

$7.77B

Previous: $7.99B-2.7%
Stock-Based Comp

$641K

Previous: $1.92M-66.5%

Revenue & EPS history

Amerant · Revenue · Quarterly

$60.2M

Q4 2020-10.5%vs Q4 2019
Beat estimate in 9 of 12 quarters(75%)
ActualEstimate

Forward guidance

Amerant remains committed to its long-term strategic goals and is confident that it is well-positioned to enter 2021 with great impulse.

Tailwinds

  • Ramping up relationship-driven customer strategy
  • Driving digital transformation
  • Improving profitability and efficiency
  • Optimizing core market footprint
  • Increasing shareholder value

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 2020

Historical avgQ4 2020

-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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