Amerant Bancorp: Q2 Earnings Insights

Shares of Amerant Bancorp AMTB were flat in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 213.33% over the past year to ($0.34), which missed the estimate of ($0.09).

Revenue of $66,076,000 decreased by 2.74% from the same period last year, which beat the estimate of $60,050,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Jul 24, 2020

Time: 09:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/ozspp6r3

Recent Stock Performance

52-week high: $23.59

52-week low: $10.05

Price action over last quarter: down 3.24%

Company Profile

Amerant Bancorp Inc is a bank holding company. Through its bank, it provides individuals and businesses deposit, credit, investment, wealth management and fiduciary services, both in the United States and to select international customers. The bank also provides banking services through traditional channels, such as banking centers and ATMs, as well as via secure websites, mobile devices, and telephone.