← Amerant Bancorp Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total interest income | $273.3m |
$309.4m
+13.19%
|
$313.0m
+1.17%
|
$260.6m
-16.75%
|
$247.8m
-4.88%
|
$338.8m
+36.69%
|
$548.6m
+61.93%
|
$595.6m
+8.57%
|
$597.4m
+0.31%
|
— | |
| Other noninterest income | $19.3m | $6.6m | $12.8m | $6.7m | $10.0m | $5.5m | $9.1m | $12.7m | $12.1m | — | |
| Total noninterest income | $71.5m | $53.9m | $57.1m | $73.5m | $120.6m | $67.3m | $87.5m | $9.9m | $78.6m | — | |
| Net interest income | $209.7m |
$219.0m
+4.45%
|
$213.1m
-2.72%
|
$189.6m
-11.05%
|
$205.1m
+8.22%
|
$266.7m
+29.99%
|
$326.5m
+22.42%
|
$326.0m
-0.16%
|
$360.7m
+10.65%
|
$347.2m
-3.75%
|
|
| Salaries and employee benefits | $131.8m | $141.8m | $137.4m | $111.5m | $117.6m | $123.5m | $133.5m | $137.1m | $143.2m | — | |
| Other operating expenses | $15.6m | $10.4m | $15.4m | $7.7m | $11.7m | $10.7m | $21.1m | $18.1m | $28.1m | — | |
| Total noninterest expenses | $207.6m | $215.0m | $209.3m | $178.7m | $198.2m | $241.4m | $311.4m | $299.5m | $330.6m | — | |
| Total interest expense | $63.6m | $90.3m | $99.9m | $71.0m | $42.7m | $72.1m | $222.1m | $269.6m | $236.7m | — | |
| Interest earning deposits with banks and other interest income | $1.6m | $2.5m | $2.8m | $633k | $247k | $4.2m | $18.3m | $22.8m | $22.1m | — | |
| Net interest income after provision for credit losses | $213.2m |
$218.7m
+2.56%
|
$216.2m
-1.11%
|
$100.9m
-53.32%
|
$221.6m
+119.59%
|
$252.7m
+14.02%
|
$265.2m
+4.93%
|
$265.5m
+0.12%
|
$318.1m
+19.81%
|
$347.2m
+9.14%
|
|
| Gain on sale of Houston Franchise | — | — | — | — | — | $0 | $0 | $12.6m | $0 | — | |
| Income (loss) before income tax expense (benefit) | — | — | $64.0m | ($4.3m) | $144.0m | $78.6m | $41.3m | ($24.1m) | $66.1m | — | |
| Income tax (expense) benefit | ($34.0m) | ($11.7m) | ($12.7m) | $2.6m | ($33.7m) | ($16.6m) | ($10.5m) | $8.3m | ($13.7m) | $14.6m | |
| Net income (loss) attributable to Amerant Bancorp Inc. | $43.1m | $45.8m | $51.3m | ($1.7m) | $112.9m | $63.3m | $32.5m | ($15.8m) | $52.4m | $56.4m | |
| Reclassification adjustment for items included in net income | $833k | $571k | ($2.6m) | ($19.8m) | ($3.6m) | $1.1m | $497k | $50.3m | ($2.3m) | — | |
| Net income (loss) before attribution of noncontrolling interest | — | — | $51.3m | ($1.7m) | $110.3m | $62.0m | $30.8m | ($15.8m) | $52.4m | $56.4m | |
| Basic Earnings (loss) per common share (in dollars per share) | $1.01 | $1.08 | $1.21 | ($0.04) | $3.04 | $1.87 | $0.97 | ($0.44) | $1.26 | — | |
| Diluted Earnings (loss) per common share (in dollars per share) | $1.01 | $1.08 | $1.20 | ($0.04) | $3.01 | $1.85 | $0.96 | ($0.44) | $1.26 | — | |
| Loans | $223.8m | $257.6m | $263.0m | $220.9m | $216.1m | $293.2m | $475.4m | $505.5m | $479.4m | — | |
| Investment securities | $47.9m | $49.2m | $47.2m | $39.0m | $31.5m | $41.4m | $54.9m | $67.3m | $95.9m | — | |
| Interest bearing demand, savings and money market deposits | — | — | — | — | — | — | $104.9m | $125.1m | $114.0m | — | |
| Time deposits | $26.8m | $42.2m | $51.8m | $45.8m | $23.8m | $22.1m | $78.8m | $105.8m | $86.9m | — | |
| Advances from the Federal Home Loan Bank | $18.2m | $26.5m | $24.3m | $13.2m | $8.6m | $15.1m | $28.8m | $29.3m | $29.3m | — | |
| Senior notes | $209.7m | $0 | $0 | $2.0m | $3.8m | $3.8m | $3.8m | $3.8m | $1.0m | — | |
| Subordinated notes | $1 | $219.0m | $213.1m | $0 | $0 | $1.2m | $1.4m | $1.4m | $1.4m | — | |
| Junior subordinated debentures | $7.5m | $8.1m | $7.2m | $2.5m | $2.4m | $3.0m | $4.3m | $4.2m | $4.1m | — | |
| Securities sold under agreements to repurchase | $1.9m | $6k | $5k | $1k | $1k | $1k | $7k | $3k | $2k | — | |
| Provision for credit losses | ($3.5m) | $375k | ($3.1m) | $88.6m | ($16.5m) | $13.9m | $61.3m | $60.5m | $42.6m | — | |
| Deposits and service fees | $19.6m | $17.8m | $17.1m | $15.8m | $17.2m | $18.6m | $19.4m | $20.2m | $20.1m | — | |
| Brokerage, advisory and fiduciary activities | $20.6m | $16.8m | $14.9m | $16.9m | $18.6m | $17.7m | $17.1m | $18.0m | $20.0m | — | |
| Gain on early extinguishment of advances from the Federal Home Loan Bank, net | $0 | $882k | ($886k) | ($73k) | ($2.5m) | $10.7m | $40.1m | $1.6m | $12k | — | |
| Loan level derivative income | $209.7m | $1 | $5.1m | $3.2m | $4.0m | $10.4m | $4.6m | $7.0m | $8.5m | — | |
| Change in cash surrender value of bank owned life insurance | $5.5m | $5.8m | $5.7m | $5.7m | $5.5m | $5.4m | $5.2m | $9.3m | $10.1m | — | |
| Cards and trade finance servicing fees | $4.6m | $4.4m | $3.9m | $1.3m | $1.8m | $2.3m | $3.1m | $5.5m | $6.0m | — | |
| Derivative (losses) gains, net | $1 | $219.0m | $1 | $0 | $0 | $455k | $28k | ($196k) | ($3.4m) | — | |
| Securities gains (losses), net | ($1.6m) | ($999k) | $2.6m | $27.0m | $3.7m | ($3.7m) | ($11.0m) | ($76.9m) | $5.1m | — | |
| Occupancy and equipment | $17.4m | $16.5m | $16.2m | $17.6m | $20.4m | $27.4m | $27.8m | $27.1m | $22.6m | $21.4m | |
| Professional and other services fees | $16.4m | $19.1m | $16.1m | $13.5m | $19.9m | $22.1m | $34.6m | $51.1m | $61.1m | — | |
| Telecommunication and data processing | $9.8m | $12.4m | $13.1m | $12.9m | $14.9m | $14.7m | $15.5m | $12.2m | $13.1m | — | |
| Advertising expenses | — | $1 | $213.1m | $1.6m | $3.4m | $11.6m | $12.8m | $14.5m | $16.0m | — | |
| Loan level derivative expense | — | — | $1 | $330k | $815k | $8.1m | $1.9m | $2.4m | $4.2m | — | |
| Contract termination costs | — | — | — | $0 | $0 | $7.1m | $1.6m | $0 | $7.5m | — | |
| FDIC assessments and insurance | $7.6m | $6.2m | $4.0m | $6.1m | $6.4m | $6.6m | $10.6m | $11.6m | $11.4m | — | |
| Depreciation and amortization | $9.0m | $8.5m | $7.1m | $9.4m | $7.3m | $5.9m | $6.8m | $6.6m | $6.7m | $6.5m | |
| Other real estate owned and repossessed assets expense, net | — | — | — | $189.6m | $0 | $3.4m | $2.1m | $4.8m | $851k | — | |
| Losses on loans held for sale carried at the lower of cost or fair value | — | — | — | ($0) | $0 | $159k | $43.1m | $13.9m | $15.7m | — | |
| Noncontrolling interest | — | — | $0 | $0 | ($2.6m) | ($1.3m) | ($1.7m) | $0 | $0 | — | |
| Net unrealized holding gains (losses) on debt securities available for sale arising during the period | $3.6m | ($15.3m) | $32.8m | $39.9m | ($13.0m) | ($97.2m) | $9.4m | ($19.5m) | $40.8m | — | |
| Net unrealized holding gains (losses) on cash flow hedges arising during the period | $152k | $2.7m | $287k | ($1.7m) | $137k | $220k | ($15k) | $230k | $357k | — | |
| Other comprehensive income | $4.6m | ($12.0m) | $31.4m | $18.4m | ($16.4m) | ($95.9m) | $9.8m | $31.0m | $38.9m | — | |
| Comprehensive income | $47.6m | $33.8m | $82.7m | $16.7m | $96.5m | ($32.5m) | $42.3m | $15.2m | $91.3m | — |