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Amerant Bancorp (Amerant Bancorp) Property, Plant and Equipment : $162.1 Mil (As of Dec. 2023)


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What is Amerant Bancorp Property, Plant and Equipment?

Amerant Bancorp's quarterly net PPE declined from Jun. 2023 ($159.9 Mil) to Sep. 2023 ($159.8 Mil) but then increased from Sep. 2023 ($159.8 Mil) to Dec. 2023 ($162.1 Mil).

Amerant Bancorp's annual net PPE increased from Dec. 2021 ($179.0 Mil) to Dec. 2022 ($181.8 Mil) but then declined from Dec. 2022 ($181.8 Mil) to Dec. 2023 ($162.1 Mil).


Amerant Bancorp Property, Plant and Equipment Historical Data

The historical data trend for Amerant Bancorp's Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Amerant Bancorp Property, Plant and Equipment Chart

Amerant Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only 128.82 109.99 179.00 181.76 162.09

Amerant Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 181.76 161.88 159.88 159.77 162.09

Amerant Bancorp Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Amerant Bancorp  (NYSE:AMTB) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Amerant Bancorp Property, Plant and Equipment Related Terms

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Amerant Bancorp (Amerant Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
220 Alhambra Circle, Coral Gables, FL, USA, 33134
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 telephone.
Executives
Howard A. Levine officer: See remarks 220 ALHAMBRA CR., CORAL GABLES FL 33134
Sharymar Calderon officer: EVP - Chief Financial Officer 220 ALHAMBRA CR., CORAL GABLES FL 33134
Silvio Marshall Martin officer: See remarks 220 ALHAMBRA CR., CORAL GABLES FL 33134
Juan Esterripa officer: See remarks 220 ALHAMBRA CR., CORAL GABLES FL 33134
Gerald P Plush director AMERANT BANCORP INC., 220 ALHAMBRA CR. 12TH FLOOR, CORAL GABLES FL 33134
Ashaki Rucker director 220 ALHAMBRA CR., CORAL GABLES FL 33134
Mariola Sanchez officer: EVP Chief People Officer 220 ALHAMBRA CR., CORAL GABLES FL 33134
Erin D. Knight director 220 ALHAMBRA CR., CORAL GABLES FL 33134
Capriles L. Miguel A director 220 ALHAMBRA CIRCLE, CORAL GABLES FL 33134
Vollmer A. Gustavo J director 220 ALHAMBRA CIRCLE, CORAL GABLES FL 33134
Armando Fleitas officer: See remarks 220 ALHAMBRA CIRCLE, CORAL GABLES FL 33134
Orlando D Ashford director C/O AMERANT BANK, 220 ALHAMBRA CR., CORAL GABLES FL 33134
Oscar Suarez director 220 ALHAMBRA CR., CORAL GABLES FL 33134
Samantha Holroyd director 1711 MARAVILLA DR., HOUSTON TX 77055
Copeland Frederick C Jr director 220 ALHAMBRA CIRCLE, CORAL GABLES FL 33134