AMTB Stock Summary and Trading Ideas (Amerant Bancorp Class A | NYSE:AMTB)

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 telephones.

Amerant Bancorp Class A trades on the NYSE stock market under the symbol AMTB.

As of December 13, 2024, AMTB stock price declined to $24.52 with 154,746 million shares trading.

AMTB has a beta of 1.14, meaning it tends to be more sensitive to market movements. AMTB has a correlation of 0.13 to the broad based SPY ETF.

AMTB has a market cap of $1.03 billion. This is considered a Small Cap stock.

Last quarter Amerant Bancorp Class A reported $102 million in Revenue and $.27 earnings per share. This beat revenue expectation by $3 million and exceeded earnings estimates by $.06.

In the last 3 years, AMTB traded as high as $36.72 and as low as $15.79.

The top ETF exchange traded funds that AMTB belongs to (by Net Assets): VTI, IWM, VXF, IWN, AVUV.

AMTB has underperformed the market in the last year with a price return of 0.0% while the SPY ETF gained +29.9%. However, in the short term, AMTB had mixed performance relative to the market. It has outperformed in the last 3 months, returning +13.9% vs +7.8% return in SPY. But in the last 2 weeks, AMTB shares have been beat by the market, returning -1.4% compared to an SPY return of +0.3%.

AMTB support price is $24.36 and resistance is $25.30 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AMTB shares will trade within this expected range on the day.