AMTB Earnings Prediction
The chart below shows how AMTB performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AMTB sees a -4.10% change in stock price 10 days leading up to the earnings, and a -0.86% change 10 days following the report. On the earnings day itself, the stock moves by -0.51%. This data can give you a slight idea of what to expect for the next quarter's release.
AMTB Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
75.65M
53.48%
222.60%
Gross Margin
--
--
--
Operating Margin
4.97%
110.60%
-102.30%
Net Margin
22.31%
161.29%
-110.86%
EPS
0.40
178.43%
-127.97%
No Data Available
AMTB Earnings Analysis
Amerant Bancorp Inc Corporation (AMTB.N) Earnings Conference Call
Positive
Total Assets Growth: Total assets reached $10,380,000,000, an increase from $9,750,000,000 in the previous quarter, marking a significant growth in the company's balance sheet.
Improved Liquidity Position: Cash and cash equivalents increased by $361,500,000 to $671,800,000 compared to $310,300,000 in Q2 2024, indicating improved liquidity.
Organic Loan Growth Surge: Total gross loans rose by $239,100,000 to $7,560,000,000, driven entirely by organic loan growth, with a strong loan pipeline expected to yield $400,000,000 to $450,000,000 in production for Q4.
Deposit Growth Increase: Total deposits increased by $294,900,000 to $8,111,000,000, reflecting continued strong organic deposit growth.
Public Offering Success: The company completed a public offering that generated approximately $165,000,000 in gross proceeds, enhancing its capital position for future growth.
Negative
Quarterly Earnings Loss: The company recorded a substantial charge to earnings, leading to a loss of $48,200,000 for the quarter, compared to a net income of $5,000,000 in the previous quarter.
Diluted Loss Per Share: Diluted loss per share was $1.43, a significant decline from diluted income per share of $0.15 in the prior quarter, primarily due to losses from the securities repositioning.
Non-Interest Income Decline: Non-interest income decreased to negative $47,700,000, primarily due to the repositioning of the securities portfolio, compared to a positive non-interest income of $19,400,000 in the previous quarter.
Efficiency Ratio Surge: The efficiency ratio soared to 228.74% in the third quarter, up from 74.21% in the second quarter, driven by significant losses in non-interest income and valuation expenses.
Credit Quality Decline: The allowance for credit losses decreased by 15.4% to $79,900,000 from $94,400,000 in the previous quarter, while non-performing loans to total loans increased to 152 basis points from 138 basis points, indicating worsening credit quality.
AMTB FAQs
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AMTB Earning Call Sentiment
Earnings call transcript: Amerant Bancorp Q4 2024 beats forecasts, stock drops
AMTB.N
0%Positive
The earnings call reveals mixed financial performance with some positive metrics, such as increased capital ratios and loan growth. However, the overall sentiment is negative due to significant losses from securities repositioning, higher non-interest expenses, and a substantial increase in diluted loss per share. Additionally, management's vague responses in the Q&A section regarding strategic initiatives and future plans contribute to uncertainty. The declining net interest margin and increased non-performing loans further exacerbate concerns, leading to a negative outlook for the stock price in the short term.
