Amerant Bancorp Inc. (NYSE:AMTB – Get Free Report) declared a quarterly dividend on Wednesday, April 22nd. Shareholders of record on Friday, May 15th will be given a dividend of 0.09 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Friday, May 15th.
Amerant Bancorp has a payout ratio of 15.3% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Amerant Bancorp to earn $2.03 per share next year, which means the company should continue to be able to cover its $0.36 annual dividend with an expected future payout ratio of 17.7%.
Amerant Bancorp Trading Down 0.4%
NYSE AMTB opened at $22.99 on Wednesday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.85 and a current ratio of 0.87. The firm has a market cap of $904.65 million, a PE ratio of 16.30 and a beta of 0.90. Amerant Bancorp has a one year low of $15.62 and a one year high of $24.38. The firm’s fifty day moving average is $22.44 and its two-hundred day moving average is $20.84.
Amerant Bancorp Company Profile
Amerant Bancorp is the bank holding company and parent of Amerant Bank, a community-oriented financial institution headquartered in Coral Gables, Florida. Amerant Bank delivers a comprehensive range of deposit and lending products to both retail and commercial clients, including checking and savings accounts, certificates of deposit, consumer mortgages, and business lines of credit. In addition, the company offers specialized services such as treasury management, international trade finance, foreign exchange, and asset-based lending to support the complex needs of corporate and high-net-worth customers.
Tracing its roots to the early 1980s, Amerant has grown through a combination of strategic acquisitions and organic expansion.
See Also
- Five stocks we like better than Amerant Bancorp
- Ally Financial Is Back to Basics—And Investors Are Watching
- Navitas Breaks Out on India Deal, Validating High-Power AI Pivot
- Navy Catalyst Ignites Odysight’s Growth Engine
- AST SpaceMobile Plummets on Galactic Q1 Miss: Can Vertical Integration Save the SpaceX Rival?
Receive News & Ratings for Amerant Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amerant Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.
