Compared to Estimates, Amerant Bancorp Inc. (AMTB) Q4 Earnings: A Look at Key Metrics
For the quarter ended December 2023, Amerant Bancorp Inc. (AMTB) reported revenue of $101.29 million, down 4.9% over the same period last year. EPS came in at $0.46, compared to $0.40 in the year-ago quarter.
The reported revenue represents a surprise of +10.67% over the Zacks Consensus Estimate of $91.52 million. With the consensus EPS estimate being $0.46, the company has not delivered EPS surprise.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Amerant Bancorp Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net interest margin: 3.7% versus 3.5% estimated by three analysts on average.
Efficiency Ratio: 108.3% versus the three-analyst average estimate of 66.4%.
Average Interest Earning Assets: $8.72 billion compared to the $8.84 billion average estimate based on two analysts.
Total Non-Performing Loans: $34.40 million versus the two-analyst average estimate of $33.89 million.
Net charge-offs / Avg. loans: 0.9% versus the two-analyst average estimate of 0.5%.
Total Non-Performing Assets: $54.58 million versus the two-analyst average estimate of $51.73 million.
Noninterest income: $19.61 million compared to the $15.17 million average estimate based on three analysts.
Net interest income: $81.68 million versus $77.02 million estimated by three analysts on average.
View all Key Company Metrics for Amerant Bancorp Inc. here>>>
Shares of Amerant Bancorp Inc. have returned -6.5% over the past month versus the Zacks S&P 500 composite's +2.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Amerant Bancorp Inc. (AMTB) : Free Stock Analysis Report
