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Amerant Bancorp (Amerant Bancorp) Return-on-Tangible-Asset : 0.43% (As of Mar. 2024)


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What is Amerant Bancorp Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Amerant Bancorp's annualized Net Income for the quarter that ended in Mar. 2024 was $42.3 Mil. Amerant Bancorp's average total tangible assets for the quarter that ended in Mar. 2024 was $9,747.9 Mil. Therefore, Amerant Bancorp's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 was 0.43%.

The historical rank and industry rank for Amerant Bancorp's Return-on-Tangible-Asset or its related term are showing as below:

AMTB' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.02   Med: 0.53   Max: 1.47
Current: 0.24

During the past 9 years, Amerant Bancorp's highest Return-on-Tangible-Asset was 1.47%. The lowest was -0.02%. And the median was 0.53%.

AMTB's Return-on-Tangible-Asset is ranked worse than
85.66% of 1464 companies
in the Banks industry
Industry Median: 0.9 vs AMTB: 0.24

Amerant Bancorp Return-on-Tangible-Asset Historical Data

The historical data trend for Amerant Bancorp's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Chart

Amerant Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only 0.64 -0.02 1.47 0.76 0.35

Amerant Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Asset 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 0.87 0.31 0.94 -0.72 0.43

Competitive Comparison of Amerant Bancorp's Return-on-Tangible-Asset

For the Banks - Regional subindustry, Amerant Bancorp's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Amerant Bancorp's Return-on-Tangible-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Amerant Bancorp's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Amerant Bancorp's Return-on-Tangible-Asset falls into.



Amerant Bancorp Return-on-Tangible-Asset Calculation

Amerant Bancorp's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=32.49/( (9108.298+9697.134)/ 2 )
=32.49/9402.716
=0.35 %

Amerant Bancorp's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=42.272/( (9697.134+9798.579)/ 2 )
=42.272/9747.8565
=0.43 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2024) net income data.


Amerant Bancorp  (NYSE:AMTB) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Amerant Bancorp Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Amerant Bancorp's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


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