247Wallst·2026-03-10 11:35Core Insights - Miami's transformation into a tech hub is attracting venture capital, crypto, and tech startups, creating opportunities across various sectors including regional banking, payments, housing, and AI [1] Group 1: Company Performance - Amerant Bancorp (AMTB): Q4 2025 EPS was $0.07, missing the $0.36 estimate, driven by $29.20 million in non-core charges. Non-performing assets rose to $186.91 million, or 1.91% of total assets. Core EPS was $0.53, indicating franchise strength. A $40 million share repurchase program was authorized [1][2] - Lennar (LEN): Q4 fiscal 2025 revenue was $9.37 billion, down 6.0% year over year, with EPS of $1.93 missing the $2.25 consensus estimate. Gross margin on home sales compressed to 17.0% from 22.1% a year earlier. New orders surged 18% to 20,018 homes [1][2] - Coinbase (COIN): Full-year 2025 revenue reached $7.2 billion, with total trading volume of $5.2 trillion, up 156% year over year. Q4 revenue was $1.80 billion, slightly below estimates, with a GAAP net loss of $667 million. Adjusted net income was $178 million [1][2] - Mastercard (MA): Q4 2025 revenue was $8.806 billion, growing 17.59% year over year, beating estimates. Adjusted EPS of $4.76 exceeded the $4.24 estimate. Cross-border volume grew 14% in local currency [1][2] - Palantir (PLTR): Q4 2025 revenue was $1.41 billion, growing 70% year over year, beating estimates. Adjusted EPS of $0.25 exceeded the $0.18 estimate. U.S. commercial revenue hit $507 million, up 137% [1][2] Group 2: Market Trends - Miami is becoming a significant tech hub, attracting firms from San Francisco and New York due to favorable tax and regulatory conditions, as well as a growing talent pool [1] - The economic impact of the tech migration is beginning to show in the earnings of companies like Palantir, Mastercard, Coinbase, Lennar, and Amerant, each representing different aspects of the structural shift in American capital and talent [2]