Demonstrações financeiras detalhadas de Amerant Bancorp Inc. (AMTB): demonstração de resultados, balanço patrimonial e fluxo de caixa. Acompanhe a evolução de margens, dívida, liquidez e rentabilidade ano a ano com até 20 anos de histórico.
Resumo da Análise
Amerant Bancorp Inc. registou receitas de $655.2M no último exercício, com um CAGR de 5 anos de 14.4%.
Margens dos últimos 12 meses: margem bruta 65.0%, margem operacional 12.5%, margem líquida 10.8%. O fluxo de caixa livre cresceu a CAGR de 13.6% em 5 anos.
Ao preço atual de $29.42, AMTB negocia a um P/L de 20.71 e um ROE de 6.62%. A capitalização de mercado é de $1.2B.
Demonstração de Resultados (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Receita | $300.4M | $344.8M | $362.4M | $371.0M | $333.8M | $307.8M | $387.1M | $551.0M | $574.9M | $655.2M |
| Custo da Receita | $69.0M | $60.1M | $90.7M | $96.7M | $159.6M | $26.2M | $86.1M | $283.4M | $330.1M | $279.3M |
| Lucro Bruto | $231.4M | $284.7M | $271.7M | $274.2M | $174.1M | $281.5M | $301.0M | $267.6M | $244.8M | $375.9M |
| P&D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Despesas Gerais e Administrativas | $136.8M | $139.4M | $148.0M | $141.4M | $119.2M | $127.4M | $141.7M | $156.9M | $163.1M | $165.9M |
| Despesas Operacionais | $197.6M | $207.6M | $214.1M | $210.2M | $178.5M | $137.5M | $222.4M | $226.3M | $268.9M | $309.8M |
| Lucro Operacional | $33.8M | $77.0M | $57.6M | $64.0M | -$4.3M | $144.0M | $78.6M | $41.3M | -$24.1M | $66.1M |
| EBITDA | $42.9M | $86.1M | $66.1M | $71.1M | $5.1M | $151.3M | $84.5M | $48.2M | -$17.5M | $70.8M |
| Despesas com Juros | $46.9M | $63.6M | $90.3M | $99.9M | $71.0M | $42.7M | $72.1M | $222.1M | $269.6M | $236.7M |
| Lucro Antes de Impostos | $33.8M | $77.0M | $57.6M | $64.0M | -$4.3M | $144.0M | $78.6M | $41.3M | -$24.1M | $66.1M |
| Imposto | $10.2M | $34.0M | $11.7M | $12.7M | -$2.6M | $33.7M | $16.6M | $10.5M | -$8.3M | $13.7M |
| Lucro Líquido | $23.6M | $43.1M | $45.8M | $51.3M | -$1.7M | $112.9M | $63.3M | $32.5M | -$15.8M | $52.4M |
| LPA | $0.68 | $1.23 | $1.08 | $1.21 | $-0.04 | $3.04 | $1.87 | $0.97 | $-0.44 | $1.26 |
| LPA Diluído | $0.68 | $1.23 | $1.08 | $1.20 | $-0.04 | $3.01 | $1.85 | $0.96 | $-0.44 | $1.26 |
| Ações em Circulação (Diluídas) | $34.9M | $34.9M | $42.5M | $42.9M | $41.7M | $37.5M | $34.1M | $33.7M | $35.8M | $41.1M |
Demonstração de Resultados (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Receita | $167.1M | $153.6M | $147.8M | $100.7M |
| Lucro Bruto | $93.9M | $93.1M | $87.2M | $96.0M |
| Lucro Operacional | $19.0M | $1.9M | $22.9M | $27.1M |
| EBITDA | $20.5M | $4.0M | $24.5M | $28.6M |
| Lucro Líquido | $14.8M | $2.7M | $22.9M | $21.0M |
| LPA | $0.35 | $0.07 | $0.44 | $0.54 |
| LPA Diluído | $0.35 | $0.07 | $0.44 | $0.53 |
Balanço (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caixa e Equivalentes | $135.0M | $153.4M | $85.7M | $121.3M | $214.4M | $274.2M | $248.4M | $296.0M | $566.0M | $470.2M |
| Investimentos de Curto Prazo | $2.12B | $1.69B | $1.59B | $1.57B | $1.23B | $1.18B | $1.06B | $1.22B | $1.44B | $2.02B |
| Contas a Receber | $70.0M | $73.1M | $73.6M | $66.9M | $93.8M | $92.5M | $156.0M | 0 | 0 | $8.1M |
| Estoque | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ativos Circulantes | $2.33B | $1.91B | $1.75B | $1.76B | $1.53B | $1.54B | $1.46B | $1.51B | $2.00B | $2.50B |
| Imobilizado | $148.7M | $129.4M | $123.5M | $128.8M | $110.0M | $179.0M | $181.8M | $162.1M | $131.8M | $110.6M |
| Ágio | $19.2M | $19.2M | $19.2M | $19.5M | $19.5M | $19.5M | $19.5M | $19.2M | $19.2M | $19.2M |
| Ativos Intangíveis | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ativos Totais | $8.43B | $8.44B | $8.12B | $7.99B | $7.77B | $7.64B | $9.13B | $9.72B | $9.90B | $9.78B |
| Contas a Pagar | $53.1M | $69.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dívida de Curto Prazo | $50.0M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $59.8M | 0 |
| Passivos Circulantes | $6.68B | $6.39B | $6.03B | $5.76B | $5.73B | $5.63B | $7.04B | $7.89B | $7.91B | $5.79B |
| Dívida de Longo Prazo | $1.05B | $1.29B | $1.28B | $1.33B | $1.17B | $932.6M | $1.06B | $798.2M | $838.8M | $923.4M |
| Passivos Totais | $7.73B | $7.68B | $7.38B | $7.15B | $6.99B | $6.81B | $8.42B | $8.98B | $9.01B | $8.84B |
| Reservas | $343.7M | $387.8M | $393.7M | $444.1M | $442.4M | $553.2M | $590.4M | $610.8M | $582.2M | $619.6M |
| Patrimônio Líquido | $704.7M | $753.5M | $747.4M | $834.7M | $783.4M | $834.5M | $707.8M | $736.1M | $890.5M | $938.8M |
| Dívida Total | $1.10B | $1.29B | $1.28B | $1.33B | $1.17B | $1.07B | $1.20B | $921.3M | $1.00B | $1.04B |
| Dívida Líquida | -$1.16B | -$549.5M | -$387.7M | -$362.8M | -$266.7M | -$380.3M | -$106.8M | -$592.2M | -$998.4M | -$1.45B |
| Capital de Giro | -$4.35B | -$4.48B | -$4.29B | -$4.00B | -$4.20B | -$4.09B | -$5.58B | -$6.38B | -$5.91B | -$3.30B |
Balanço (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caixa e Equivalentes | $624.0M | $470.2M | $63.4M | $41.0M |
| Ativos Totais | $10.41B | $9.78B | $9.90B | $10.29B |
| Passivos Totais | $9.47B | $8.84B | $8.99B | $9.38B |
| Patrimônio Líquido | $944.9M | $938.8M | $913.9M | $914.4M |
| Dívida Total | $1.04B | $923.4M | $942.7M | $912.1M |
Fluxo de Caixa (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Lucro Líquido | $23.6M | $43.1M | $45.8M | $51.3M | -$1.7M | $110.3M | $62.0M | $30.8M | -$15.8M | $51.6M |
| Depreciação e Amortização | $9.1M | $9.0M | $8.5M | $7.1M | $9.4M | $7.3M | $5.9M | $6.8M | $6.6M | $4.6M |
| Compensação em Ações | 0 | 0 | $166000 | $6.4M | $2.3M | $4.8M | $5.8M | $6.8M | $5.0M | $3.6M |
| Variação Capital de Giro | $4.3M | $7.4M | -$5.2M | $12.1M | -$13.8M | $30.5M | $5.7M | -$30.3M | $168000 | -$20.5M |
| Fluxo de Caixa Operacional | $75.3M | $73.3M | $62.2M | $78.4M | $57.2M | $67.4M | -$49.2M | $26.7M | $82.2M | $100.5M |
| CapEx | -$8.5M | -$8.6M | -$10.0M | -$14.3M | -$5.6M | -$6.6M | -$10.6M | -$10.9M | -$7.4M | -$2.5M |
| Aquisições | 0 | 0 | $7.5M | -$14.4M | 0 | -$1.0M | 0 | -$2.0M | -$73.9M | 0 |
| Recompra de Ações | 0 | 0 | -$17.9M | -$30.2M | -$70.3M | -$48.0M | -$72.1M | -$4.9M | -$7.6M | -$20.0M |
| Dividendos Pagos | 0 | 0 | -$40.0M | 0 | 0 | 0 | -$12.2M | -$12.1M | -$12.8M | -$11.4M |
| Fluxo de Caixa Livre | $66.7M | $64.7M | $52.1M | $64.1M | $51.7M | $60.9M | -$59.8M | $15.8M | $74.8M | $98.0M |
Fluxo de Caixa (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Fluxo de Caixa Operacional | $22.7M | $36.5M | $10.9M | $263.2M |
| CapEx | $1.0M | -$5.2M | -$776000 | $776000 |
| Fluxo de Caixa Livre | $23.7M | $31.3M | $10.1M | $264.0M |
| Dividendos Pagos | -$3.8M | -$3.7M | -$3.7M | -$3.7M |
| Compensação em Ações | $1.2M | $1.4M | $658000 | -$658000 |
Crescimento e Margens (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crescimento Receita (anual) | | +14.8% | +5.1% | +2.4% | -10.0% | -7.8% | +25.8% | +42.4% | +4.3% | +14.0% |
| Crescimento Lucro Líquido (anual) | | +82.6% | +6.4% | +12.0% | -103.4% | +6657.5% | -43.9% | -48.7% | -148.5% | +432.8% |
| Crescimento LPA (anual) | | +80.9% | -12.2% | +12.0% | -103.4% | +7460.8% | -38.5% | -48.1% | -145.4% | +386.4% |
| Variação de Ações (anual) | | +0.0% | +21.7% | +1.1% | -2.8% | -10.1% | -9.0% | -1.4% | +6.2% | +15.0% |
| Crescimento FCF (anual) | | -3.1% | -19.4% | +23.1% | -19.4% | +17.8% | -198.2% | +126.4% | +373.7% | +31.0% |
| Margem Bruta | 77.0% | 82.6% | 75.0% | 73.9% | 52.2% | 91.5% | 77.8% | 48.6% | 42.6% | 57.4% |
| Margem Operacional | 11.2% | 22.3% | 15.9% | 17.3% | -1.3% | 46.8% | 20.3% | 7.5% | -4.2% | 10.1% |
| Margem EBITDA | 14.3% | 25.0% | 18.2% | 19.2% | 1.5% | 49.2% | 21.8% | 8.7% | -3.0% | 10.8% |
| Margem Líquida | 7.8% | 12.5% | 12.6% | 13.8% | -0.5% | 36.7% | 16.4% | 5.9% | -2.7% | 8.0% |
| Margem FCF | 22.2% | 18.8% | 14.4% | 17.3% | 15.5% | 19.8% | -15.4% | 2.9% | 13.0% | 15.0% |
| Taxa Efetiva de Imposto | 30.2% | 44.1% | 20.4% | 19.8% | 60.3% | 23.4% | 21.2% | 25.5% | 34.6% | 20.7% |
Dados por Ação (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Ação | $1.91 | $1.85 | $1.23 | $1.49 | $1.24 | $1.62 | $-1.75 | $0.47 | $2.09 | $2.38 |
| Dividendo por Ação | $0.00 | $0.00 | $0.94 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 | $0.36 | $0.28 |
| Ações em Circulação (Básicas) | $34.9M | $34.9M | $42.5M | $42.5M | $41.7M | $37.2M | $33.9M | $33.5M | $35.8M | $40.9M |
O que olhar em empresas de Financial Services
- Efficiency Ratio (≤55%) — Despesas operacionais / receita. Bancos top abaixo de 55%.
- ROA (≥1%) — Quanto ganham por cada euro de ativos. ROE engana em bancos pela alavancagem.
- ROTCE (≥12%) — Rentabilidade sobre Capital Tangível. Exclui goodwill e intangíveis.
- Capital / Ativos (proxy Tier 1) (≥8%) — Proxy do rácio de capital. FMP não expõe Tier 1 regulatório direto.
- P/B (1,0-1,5x) — Métrica clássica bancária. <1x pode ser oportunidade ou distress.
- Dividend yield sustentável (≥2%, <8%) — Bancos UE pagam 5-7% sem stress. >8% é sinal de distress.
Rentabilidade
| Retorno sobre patrimônio | 6.62% |
| Retorno sobre capital investido | 3.17% |
| Retorno sobre ativos | 0.60% |
| Margem bruta | 65.04% |
| Margem operacional | 12.47% |
| Margem líquida | 10.80% |
Saúde financeira
| Dívida / Patrimônio | 1.00 |
| Liquidez corrente | 0.00 |
| Piotroski F-Score | 7 |
| Altman Z-Score | -0.17 |
Índices Chave (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/L | 26.47 | 14.63 | 12.05 | 18.01 | -368.04 | 11.37 | 14.35 | 25.33 | -50.93 | 15.48 |
| P/VP | 0.89 | 0.83 | 0.74 | 1.11 | 0.81 | 1.54 | 1.28 | 1.12 | 0.90 | 0.85 |
| P/V | 2.09 | 1.82 | 1.53 | 2.50 | 1.90 | 4.17 | 2.35 | 1.49 | 1.39 | 1.22 |
| Margem Bruta | 77.0% | 82.6% | 75.0% | 73.9% | 52.2% | 91.5% | 77.8% | 48.6% | 42.6% | 57.4% |
| Margem Operacional | 11.2% | 22.3% | 15.9% | 17.3% | -1.3% | 46.8% | 20.3% | 7.5% | -4.2% | 10.1% |
| Margem Líquida | 7.8% | 12.5% | 12.6% | 13.8% | -0.5% | 36.7% | 16.4% | 5.9% | -2.7% | 8.0% |