Amerant Bancorp Inc. (NASDAQ:AMTB) is reporting second quarter financial results on Friday 24th July 2020, before market open.
According to analysts surveyed by Thomson Reuters, AMTB is expected to report 2Q20 loss of $ 0.09 per share from revenue of $ 59.86 million.
For the full year, analysts anticipate top line of $ 252.33 million, while looking forward to income of $ 0.13 per share bottom line.
Previous Quarter Performance
Amerant Bancorp Inc. communicated income for the first quarter of $ 0.08 per share, from the revenue of $ 71.14 million. The quarterly earnings fell 75.00 percent while revenues elevated 6.93 percent compared with the same quarter last year.
According to street consensus, AMTB was expected to report 1Q20 income of $ 0.16 per share from revenue of $ 62.57 million. The bottom line results missed street analysts by $ 0.08 or 50 percent, at the same time, top line results outshined analysts by $ 8.57 million or 13.70 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Amerant Bancorp Inc.
Stock Performance
According to the previous trading day, closing price of AMTB was $ 13.60, representing a 35.32 % increase from the 52 week low of $ 10.05 and a 42.35 % decrease over the 52 week high of $ 23.59.
The company has a market capital of $ 526.21 million and is part of the Financial Services sector and Banks – Regional – US industry.
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Conference Call
Amerant Bancorp Inc. will be hosting a conference call at 9:30 AM eastern time on 24th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.amerantbank.com
Amerant Bancorp Inc. operates as a bank holding company for Amerant Bank, N.A. that provides banking products and services to individuals and businesses in the United States and internationally.
