Amerant Bancorp Inc. (AMTB) Earnings
Amerant Bancorp Inc. is expected to report next earnings on July 24, 2026 (in NaN days), with a consensus EPS estimate of $0.41. AMTB has beaten EPS estimates in 7 of its last 12 reported quarters (average surprise +8.9% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 24, 2026 | $0.43 | $0.44 | +2.3% | $98M | -3.1% |
| Jan 22, 2026 | $0.43 | $0.53 | +23.3% | $97M | -9.4% |
| Jul 23, 2025 | $0.38 | $0.57 | +50.0% | $109M | +2.3% |
| Apr 23, 2025 | $0.40 | $0.24 | -40.0% | $105M | +3.2% |
| Jan 22, 2025 | $0.38 | $0.50 | +31.6% | $85M | -16.0% |
| Oct 23, 2024 | $0.23 | $0.27 | +17.4% | $102M | +3.7% |
| Jul 24, 2024 | $0.35 | $0.28 | -20.0% | $97M | +3.3% |
| Jan 24, 2024 | $0.46 | $0.46 | +0.0% | $121M | +32.6% |
| Oct 19, 2023 | $0.59 | $0.66 | +11.9% | $88M | -9.6% |
| Jul 20, 2023 | $0.20 | $0.22 | +10.0% | $97M | -0.2% |
| Apr 20, 2023 | $0.69 | $0.60 | -13.0% | $87M | -11.0% |
| Jan 19, 2023 | $0.70 | $0.40 | -42.9% | $87M | -3.6% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 24, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- Stabilizing the business, optimizing credit portfolio, and growing sustainably are key priorities. - Completed comprehensive reassessment of loan portfolio in Q4 last year and continued into Q1 with proactive credit management, declassifying loans and exiting non-core loans. - Enhanced risk-based limits, refined market approach, prioritized borrowers with proven stable operating history, and invested in talent. - Achieved net income in line with guidance, reduced non-interest expenses by ~30 million for 2026, and saw strong growth in international deposits, especially from Venezuela. - Staffed dedicated portfolio management team, invested in training, redesigned review procedures, and aligned incentives with asset quality.
Guidance
- Project loan balances to reach approximately $7 billion in 2Q26 driven by organic originations and selective residential loan purchases, with annualized loan growth of ~7% for 2026, governed by exiting certain credits and pursuing growth consistent with risk appetite. - Expect deposits to reach 8 billion by 2Q26 and cumulative deposit growth between 8 to 10% for 2026, supported by opportunities in Venezuela. - Net interest margin expected to be in the 3.4% to 3.5% range in 2Q26, stabilizing around 3.4% towards year end. - Project approximately 68 to 69 million in expenses for 2Q26, with quarterly expenses stabilizing around 68 million by second part of year towards target efficiency ratio of ~60%. - Plan to continue stock buyback and dividends as attractive use of capital.
Segment performance
Total assets were 9.9 billion as of the end of the first quarter, an increase from 9.8 billion as of the end of the fourth quarter. Total deposits were 7.9 billion, up by 152.2 million, compared to 7.8 billion in the fourth quarter. Total gross loans were $6.8 billion up by $56.5 million compared to $6.7 billion in the fourth quarter. Net interest income was 80.3 million, down $9.9 million from $90.2 million in the fourth quarter. Non-interest income was 17.4 million down 4.6 million from 22 million. Non-interest expense was $66.9 million, down by $39.9 million, or 37.3%, from $106.8 million in the fourth quarter. ROA and ROE this quarter were 0.73% and 7.63% compared to 0.10% and 1.12% respectively, and our efficiency ratio was 68.52% compared to 95.19%. The loan portfolio composition reflects a healthier mix with a risk profile consistent with long-term goals. International deposits saw strong growth with $198 million of total deposit growth in Q1, $95 million from Venezuela and $66 million in March alone.
Risks & headwinds
- Impact of macroeconomic data on loan classification and downgrades/upgrades. - Uncertainty in rate environment affecting cost of funds and repricing of deposits. - Potential impact of events like Middle East situation and inflation on credit resolution and charge-offs. - Risks associated with exit of certain credits and managing risk in loan portfolio.
Analyst Q&A
Q: Evan Yee from Raymond James asked about expenses and capital.
A: Expenses were better due to accelerated contract rate negotiation, with durable savings for 2026. Buyback plan to continue through Q2 as they see value in the bank.
Q: Russell Gunther from Stevens asked about special mention and de-risking.
A: There is a risk calibration exercise with exits of available for sale and reductions in classified portfolio.
Q: Woody Lay from KBW asked about net interest margin and credit.
A: NIM was affected by rate cuts, asset mix, loan production yield, and days in quarter. Charge-off expectations are around 30 to 35 basis points with no need for elevation at this point.