AMTBAmerant Bancorp Inc.
National Commercial Banks
- Revenue
- —
- Operating margin
- —
- EBITDA
- —
- Market cap
- $1.2B
- Employees
- 694
- Net debt / EBITDA
- —
- AI in 10-K
- 0.5
- mentions per 10K words
Takeover score 2 of 13
Fixable underperformance 0 of 7
- TSR below peersNo1 of 5 years3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo261% of net incomeCash flow under 80% of net income
- Dilutive SBCNo—Over 10% of revenue
- Payouts exceed cash flowNo35% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo0% of assetsOver 40% of assets
- Shareholder dissentNo98% lowest supportAny vote under 80% support
Buyer economics 2 of 4
- Low revenue per employeeNo—Bottom quartile of its SIC industry
- Quiet on AIYes0.5 per 10K words · 21st pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedYes$1.2B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo$143K netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Net income | $110M | $62M | $31M | −$16M | $52M | 433% |
| Operating cash flow | $67M | −$49M | $27M | $82M | $137M | 67% |
| Capex | $7M | $11M | $11M | $7M | $8M | 4.6% |
| Stock-based comp | $5M | $6M | $7M | $5M | $5M | 1.3% |
| Buybacks | $36M | $72M | $5M | $8M | $33M | 337% |
| Dividends | $0 | $12M | $12M | $13M | $15M | 18% |
Deal filings
None.
13D filers
| Filed | Filer | Form | Stake | Intent |
|---|---|---|---|---|
| Apr 4, 2019 | PATRIOT FINANCIAL PARTNERS III, L.P. | SC 13D | — | Passive |
Insider trading
- Open-market buys, 12 mo
- $143K · 3
- Open-market sells, 12 mo
- $0 · 0
- Net
- $143K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 128 | 169 |
| FY2024 | — | — | 147 | 130 |
| FY2023 | — | — | 162 | 96 |
| FY2022 | — | — | 177 | 103 |
| FY2021 | — | — | 227 | 135 |