Amerant Bancorp Inc. (AMTB) Income Statement
AMTB 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsAMTB revenue and net income
Where AMTB's revenue goes
2025Each bar shows an amount and its share of revenue. AMTB kept 8.0% of revenue as net income.
AMTB profit margins
AMTB growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +14.0% | +19.2% | +14.4% | +9.6% |
| Gross profit | +53.5% | +7.7% | +16.6% | +5.7% |
| Operating income | — | −5.6% | — | +10.9% |
| Net income | — | −6.1% | — | +13.3% |
| EPS (diluted) | — | −6.4% | +76.9% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
AMTB quarterly EPS vs estimates
Amerant Bancorp beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: October 22, 2026 (estimate $0.57).
AMTB income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $655.2M | $574.9M | $551.0M | $387.1M | $307.8M | $333.8M | $371.0M | $362.4M | $344.8M | $300.4M |
| Cost of revenue | $279.3M | $330.1M | $283.4M | $86.1M | $26.2M | $159.6M | $96.7M | $90.7M | $60.1M | $69.0M |
| Gross profit | $375.9M | $244.8M | $267.6M | $301.0M | $281.5M | $174.1M | $274.2M | $271.7M | $284.7M | $231.4M |
| Research & development | — | — | — | — | — | — | — | $0 | — | — |
| Sales, general & admin | $178.3M | $163.1M | $156.9M | $141.7M | $127.4M | $119.2M | $141.4M | $148.0M | $139.4M | $136.8M |
| Total operating expenses | $309.8M | $268.9M | $226.3M | $222.4M | $137.5M | $178.5M | $210.2M | $214.1M | $207.6M | $197.6M |
| Operating income | $66.1M | −$24.1M | $41.3M | $78.6M | $144.0M | −$4.3M | $64.0M | $57.6M | $77.0M | $33.8M |
| Interest income | $597.4M | $595.6M | $516.4M | $266.7M | $205.1M | $260.6M | $313.0M | $309.4M | $273.3M | $238.8M |
| Interest expense | $236.7M | $269.6M | $222.1M | $72.1M | $42.7M | $71.0M | $99.9M | $90.3M | $63.6M | $46.9M |
| Income before taxes | $66.1M | −$24.1M | $41.3M | $78.6M | $144.0M | −$4.3M | $64.0M | $57.6M | $77.0M | $33.8M |
| Income taxes | $13.7M | −$8.3M | $10.5M | $16.6M | $33.7M | −$2.6M | $12.7M | $11.7M | $34.0M | $10.2M |
| Net income | $52.4M | −$15.8M | $32.5M | $63.3M | $112.9M | −$1.7M | $51.3M | $45.8M | $43.1M | $23.6M |
| EBITDA | $70.8M | −$17.5M | $48.2M | $84.5M | $151.3M | $5.1M | $71.1M | $66.1M | $86.1M | $42.9M |
| EPS (diluted) | $1.73 | −$0.33 | $1.93 | $2.11 | $1.84 | $0.10 | $1.23 | $2.10 | $1.01 | $0.56 |
| Gross margin | 57.4% | 42.6% | 48.6% | 77.8% | 91.5% | 52.2% | 73.9% | 75.0% | 82.6% | 77.0% |
| Operating margin | 10.1% | −4.2% | 7.5% | 20.3% | 46.8% | −1.3% | 17.3% | 15.9% | 22.3% | 11.2% |
| Net margin | 8.0% | −2.7% | 5.9% | 16.4% | 36.7% | −0.5% | 13.8% | 12.6% | 12.5% | 7.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $100.7M | $147.8M | $153.6M | $167.1M | $169.2M | $165.4M | $149.9M | $102.2M | $163.8M | $159.1M | $121.0M | $148.8M |
| Cost of revenue | $4.8M | $60.5M | $60.5M | $73.2M | $66.7M | $79.0M | $75.2M | $89.6M | $86.2M | $79.1M | $76.4M | $68.8M |
| Gross profit | $96.0M | $87.2M | $93.1M | $93.9M | $102.5M | $86.5M | $74.7M | $12.5M | $77.6M | $80.1M | $44.7M | $80.0M |
| Sales, general & admin | $40.4M | $37.5M | $44.6M | $44.3M | $46.3M | $43.1M | $41.9M | $41.3M | $40.9M | $39.0M | $38.8M | $36.6M |
| Total operating expenses | $68.9M | $64.3M | $91.1M | $74.9M | $72.7M | $71.0M | $56.6M | $74.4M | $71.3M | $66.6M | $65.6M | $52.0M |
| Operating income | $27.1M | $22.9M | $1.9M | $19.0M | $29.8M | $15.4M | $18.0M | −$61.9M | $6.3M | $13.5M | −$20.9M | $28.1M |
| Interest income | $135.7M | $133.0M | $147.2M | $152.7M | $151.1M | $146.4M | $152.9M | $151.6M | $146.4M | $144.6M | $145.6M | $139.4M |
| Interest expense | $53.1M | $52.7M | $57.0M | $58.6M | $60.6M | $60.5M | $65.3M | $70.6M | $67.1M | $66.7M | $63.9M | $60.8M |
| Income before taxes | $27.1M | $22.9M | $1.9M | $19.0M | $29.8M | $15.4M | $18.0M | −$61.9M | $6.3M | $13.5M | −$20.9M | $28.1M |
| Income taxes | $6.1M | — | −$794,000 | $4.3M | $6.8M | $3.5M | $1.1M | −$13.7M | $1.4M | $2.9M | −$3.0M | $6.3M |
| Net income | $21.0M | $22.9M | $2.7M | $14.8M | $23.0M | $12.0M | $16.9M | −$48.2M | $5.0M | $10.6M | −$17.1M | $22.1M |
| EBITDA | $28.6M | $24.5M | $4.0M | $20.5M | $31.3M | $17.0M | $19.8M | −$60.2M | $8.0M | $14.9M | −$19.4M | $29.9M |
| EPS (diluted) | $0.53 | $0.44 | $0.53 | $0.39 | $0.57 | $0.24 | $0.50 | −$1.43 | $0.28 | $0.32 | $0.46 | $0.64 |
| Gross margin | 95.3% | 59.0% | 60.6% | 56.2% | 60.6% | 52.3% | 49.8% | 12.3% | 47.4% | 50.3% | 36.9% | 53.8% |
| Operating margin | 26.9% | 15.5% | 1.2% | 11.4% | 17.6% | 9.3% | 12.0% | −60.6% | 3.9% | 8.5% | −17.3% | 18.9% |
| Net margin | 20.9% | 15.5% | 1.8% | 8.8% | 13.6% | 7.2% | 11.3% | −47.1% | 3.0% | 6.6% | −14.1% | 14.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in AMTB's financial statements (latest annual report filed February 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
AMTB financial results
In fiscal year 2025 (ended December 31, 2025), Amerant Bancorp reported revenue of $655.2 million, up 14.0% from the year before. It had net income of $52.4 million, a net profit margin of 8.0%. Diluted earnings per share came to $1.73. Over five years revenue grew at an average rate of 14.4% a year.
See the AMTB stock overview for the latest quote and news, or the AMTB chart for price history and technical indicators.
AMTB income statement FAQ
What is Amerant Bancorp's annual revenue?
Amerant Bancorp reported total revenue of $655.2 million for fiscal year 2025, which ended on December 31, 2025. That was up 14.0% from $574.9 million the previous year.
Is Amerant Bancorp profitable?
Yes. Amerant Bancorp reported net income of $52.4 million in fiscal 2025, a net profit margin of 8.0%; its operating margin was 10.1%.
What is Amerant Bancorp's gross margin?
Amerant Bancorp's gross margin was 57.4% in fiscal 2025: for every $100 of revenue, Amerant Bancorp kept $57 after the direct cost of its products and services.
How fast is Amerant Bancorp growing?
Revenue grew 14.4% a year on average over the last five fiscal years, from $333.8 million to $655.2 million.
What are Amerant Bancorp's earnings per share?
Amerant Bancorp earned $1.73 per diluted share in fiscal 2025, compared with $-0.33 a year earlier.
When will Amerant Bancorp report its next earnings?
Amerant Bancorp is expected to report results for the quarter ending September 30, 2026 on October 22, 2026 after the market closes.
When does Amerant Bancorp's fiscal year end?
Amerant Bancorp's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 27, 2026.