GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Amerant Bancorp Inc (NAS:AMTBB) » Definitions » Intangible Assets

Amerant Bancorp (Amerant Bancorp) Intangible Assets : $19.2 Mil (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Amerant Bancorp Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Amerant Bancorp's intangible assets for the quarter that ended in Mar. 2024 was $19.2 Mil.


Amerant Bancorp Intangible Assets Historical Data

The historical data trend for Amerant Bancorp's Intangible Assets 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 Intangible Assets Chart

Amerant Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only 19.51 19.51 19.51 19.51 19.19

Amerant Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Intangible Assets 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 20.53 20.53 20.53 19.19 19.19

Amerant Bancorp Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.


Amerant Bancorp  (NAS:AMTBB) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Amerant Bancorp Intangible Assets Related Terms

Thank you for viewing the detailed overview of Amerant Bancorp's Intangible Assets 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
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
Jose Antonio Villamil director 2601 SOUTH BAYSHORE DRIVE, PH II, COCONUT GROVE FL 33133
John Walton Quill director 220 ALHAMBRA CIRCLE, CORAL GABLES FL 33134
Pamella J Dana director 220 ALHAMBRA CIRCLE, CORAL GABLES FL 33134
Vollmer A. Gustavo J director 220 ALHAMBRA CIRCLE, CORAL GABLES FL 33134
Guillermo Villar director 220 ALHAMBRA CIRCLE, CORAL GABLES FL 33134
M. Gustavo Marturet director 220 ALHAMBRA CIRCLE, CORAL GABLES FL 33134
Delgado De Costantino Rosa M director 220 ALHAMBRA CIRCLE, CORAL GABLES FL 33134
Capriles L. Miguel A director 220 ALHAMBRA CIRCLE, CORAL GABLES FL 33134
Copeland Frederick C Jr director 220 ALHAMBRA CIRCLE, CORAL GABLES FL 33134
Alberto Peraza officer: See Remarks 220 ALHAMBRA CIRCLE, CORAL GABLES FL 33134
Carlos Iafigliola officer: Interim CFO 220 ALHAMBRA CIRCLE, CORAL GABLES FL 33134
Alberto Capriles officer: See Remarks 220 ALHAMBRA CIRCLE, CORAL GABLES FL 33134
Alfonso Figueredo officer: See Remarks 220 ALHAMBRA CIRCLE, CORAL GABLES FL 33134
Miguel Palacios officer: See Remarks 220 ALHAMBRA CIRCLE, CORAL GABLES FL 33134
Millar Wilson officer: Vice-Chairman & CEO 220 ALHAMBRA CIRCLE, CORAL GABLES FL 33134