Amerant Bancorp (AMTB) Financial Statements & Analysis

Amerant Bancorp (AMTB) Income Statement

Amerant Bancorp reported revenue of $655.25M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 14.0% from $574.92M a year earlier. Net income was $52.42M, a net margin of 8.0%. Gross margin was 57.4% and operating margin 10.1%. In the most recent quarter, Q3 fiscal 2026 (ended Sep 30, 2026), revenue was $101.98M, down 6.2% from the same quarter a year earlier.

Amerant Bancorp Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Amerant Bancorp Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	655.25	574.93	328.91	314.96	307.75	333.77	370.97	362.35	344.81
Cost of Revenue	279.34	330.09	283.39	86.06	26.20	159.62	96.74	90.69	60.12
Gross Profit	375.91	244.83	267.63	301.01	281.55	174.15	274.23	271.66	284.69
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	165.88	163.15	156.92	141.73	127.39	119.21	141.42	148.02	139.42
Operating Expenses	309.77	268.92	226.30	222.43	137.53	178.48	210.20	214.09	207.64
Operating Income	66.14	-24.08	41.33	78.58	144.02	-4.33	64.03	57.57	77.05
Other Income/Expense
Interest Income	597.43	595.59	548.58	338.78	247.84	260.55	312.97	309.36	273.32
Interest Expense	236.74	269.63	222.12	72.11	42.70	71.00	99.89	90.32	63.61
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	66.14	-24.08	41.33	78.58	144.02	-4.33	64.03	57.57	77.05
Income Tax Expense	13.72	-8.33	10.54	16.62	33.71	-2.61	12.70	11.73	33.99
Net Income	52.42	-15.75	32.49	63.31	112.92	-1.72	51.33	45.83	43.06
Net Income - Continuous Operations	52.42	-15.75	30.79	61.96	112.92	-1.72	51.33	45.83	43.06
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	70.77	-17.48	48.17	84.47	151.29	5.05	71.13	66.11	86.09
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	4.63	6.60	6.84	5.88	7.27	9.39	7.09	8.54	9.04
Earnings Per Share
Basic EPS	1.00	-	1.00	2.00	3.00	-	1.00	1.00	1.00
Diluted EPS	1.00	-	1.00	2.00	3.00	-	1.00	1.00	1.00
Basic Shares Outstanding	40.92	35.76	33.51	33.86	37.17	41.74	42.54	42.49	34.92
Diluted Shares Outstanding	41.10	35.76	33.68	34.14	37.53	41.74	42.94	42.49	34.92

Source: Company financial statements from annual and quarterly filings. Data as of Sep 30, 2026. Data sources and methodology

Frequently Asked Questions About Amerant Bancorp Financial Statements

What was Amerant Bancorp's revenue in fiscal 2025?

Amerant Bancorp reported revenue of $655.25M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 14.0% from $574.92M a year earlier.

Is Amerant Bancorp profitable?

Yes. Amerant Bancorp earned net income of $52.42M in fiscal 2025, a net margin of 8.0%. In fiscal 2024 it lost $15.75M.

What is Amerant Bancorp's operating margin?

Amerant Bancorp's operating income was $66.14M on revenue of $655.25M in fiscal 2025, an operating margin of 10.1%, compared with -4.2% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition