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Amerant Bancorp Asset Turnover

: 0.01 (As of Mar. 2022)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Amerant Bancorp's Revenue for the three months ended in Mar. 2022 was $69.9 Mil. Amerant Bancorp's Total Assets for the quarter that ended in Mar. 2022 was $7,722.1 Mil. Therefore, Amerant Bancorp's Asset Turnover for the quarter that ended in Mar. 2022 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Amerant Bancorp's annualized ROE % for the quarter that ended in Mar. 2022 was 8.04%. It is also linked to ROA % through Du Pont Formula. Amerant Bancorp's annualized ROA % for the quarter that ended in Mar. 2022 was 0.83%.


Amerant Bancorp Asset Turnover Historical Data

The historical data trend for Amerant Bancorp's Asset Turnover 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 Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Premium Member Only Premium Member Only 0.03 0.03 0.03 0.03 0.04

Amerant Bancorp Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Asset Turnover 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 Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Amerant Bancorp Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Amerant Bancorp's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=265.863/( (7770.893+7638.399)/ 2 )
=265.863/7704.646
=0.03

Amerant Bancorp's Asset Turnover for the quarter that ended in Mar. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Mar. 2022 ))/ count )
=69.925/( (7638.399+7805.836)/ 2 )
=69.925/7722.1175
=0.01

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Amerant Bancorp  (NAS:AMTB) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Amerant Bancorp's annulized ROE % for the quarter that ended in Mar. 2022 is

ROE %**(Q: Mar. 2022 )
=Net Income/Total Stockholders Equity
=63.8/793.7825
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(63.8 / 279.7)*(279.7 / 7722.1175)*(7722.1175/ 793.7825)
=Net Margin %*Asset Turnover*Equity Multiplier
=22.81 %*0.0362*9.7283
=ROA %*Equity Multiplier
=0.83 %*9.7283
=8.04 %

Note: The Net Income data used here is four times the quarterly (Mar. 2022) net income data. The Revenue data used here is four times the quarterly (Mar. 2022) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Amerant Bancorp's annulized ROA % for the quarter that ended in Mar. 2022 is

ROA %(Q: Mar. 2022 )
=Net Income/Total Assets
=63.8/7722.1175
=(Net Income / Revenue)*(Revenue / Total Assets)
=(63.8 / 279.7)*(279.7 / 7722.1175)
=Net Margin %*Asset Turnover
=22.81 %*0.0362
=0.83 %

Note: The Net Income data used here is four times the quarterly (Mar. 2022) net income data. The Revenue data used here is four times the quarterly (Mar. 2022) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Amerant Bancorp Asset Turnover Related Terms

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Amerant Bancorp Business Description

Amerant Bancorp logo
Industry
Financial Services » Banks NAICS : 522110 SIC : 6022
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
Quelch John director C/O INVERNESS MEDICAL INNOVATIONS INC 51 SAWYER RD WALTHAM MA 02453
Holroyd Samantha director 1711 MARAVILLA DR. HOUSTON TX 77055
Ashford Orlando D director C/O AMERANT BANK 220 ALHAMBRA CR. CORAL GABLES FL 33134
Suarez Oscar director 220 ALHAMBRA CR. CORAL GABLES FL 33134
Iafigliola Carlos officer: See remarks 220 ALHAMBRA CIRCLE CORAL GABLES FL 33134
Lare Dolores M director 220 ALHAMBRA CIRCLE CORAL GABLES FL 33134
Fleitas Armando officer: See remarks 220 ALHAMBRA CIRCLE CORAL GABLES FL 33134
Plush Gerald P director WEBSTER FINANCIAL CORPORATION 145 BANK STREET WATERBURY CT 06702
Quill John Walton director 220 ALHAMBRA CIRCLE CORAL GABLES FL 33134
Trabanco Jorge officer: Chief Accounting Officer 220 ALHAMBRA CIRCLE CORAL GABLES FL 33134
Figueredo Alfonso officer: See Remarks 220 ALHAMBRA CIRCLE CORAL GABLES FL 33134
Villamil Jose Antonio director 2601 SOUTH BAYSHORE DRIVE, PH II COCONUT GROVE FL 33133
Copeland Frederick C Jr director 220 ALHAMBRA CIRCLE CORAL GABLES FL 33134
Gonzalez S Alejandro director 220 ALHAMBRA CIRCLE CORAL GABLES FL 33134
Mercantil Servicios Financieros, C.a. 10 percent owner C/O IVAN TRUJILLO 220 ALHAMBRA CIRCLE CORAL GABLES FL 33134

Amerant Bancorp Headlines

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