Amerant Bancorp (AMTB) ZACKS·2025-01-23 00:16Core Insights - Amerant Bancorp Inc. reported quarterly earnings of $0.50 per share, exceeding the Zacks Consensus Estimate of $0.27 per share, and showing an increase from $0.46 per share a year ago, resulting in an earnings surprise of 85.19% [1] - The company achieved revenues of $111.32 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 10.73% and increasing from $101.29 million year-over-year [2] - The stock has underperformed the market with a gain of about 1.4% since the beginning of the year, compared to the S&P 500's gain of 2.9% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.38 on revenues of $100.59 million, and for the current fiscal year, it is $2.06 on revenues of $424.58 million [7] - The estimate revisions trend for Amerant Bancorp is mixed, leading to a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Banks - Southeast industry, to which Amerant Bancorp belongs, is currently in the top 24% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]