Amerant Bancorp (AMTB) Q3 2026 Earnings
NIM includes $1.6 million in additional interest recorded from repayments of loans previously in nonaccrual status
How Did AMTB Stock React to Q3 2026 Earnings?
Did AMTB Beat Earnings? Q3 2026 Results
Yes. Amerant Bancorp reported Q3 2026 earnings of $0.65 a share on Oct 22, 2026, beating the $0.57 consensus estimate by 14.5%. Revenue was $108.8M against a $103.4M estimate.
Amerant Bancorp posted a stronger-than-expected third quarter of 2026, with GAAP earnings per share of $0.65 beating the $0.57 consensus by 14.54%, while revenue of $108.80 million cleared analyst expectations by 5.27%, even as the top line remained 34.9% below year-ago levels. The primary engine behind the earnings lift was a surge in net interest income, which climbed to $90.46 million as net interest margin expanded 25 basis points to 3.77%; management noted that NIM included $1.60 million in additional interest recorded from repayments of loans previously in nonaccrual status. Loan growth added further momentum, with gross loans rising 3.0% sequentially to $7.07 billion, while average deposit costs fell to 2.07% from 2.21%, reflecting favorable repricing across the balance sheet. Asset quality also improved materially, with non-performing assets declining 14.5% to $159.53 million. Looking ahead, management guided for Q4 2026 net interest margin in the 3.65%-3.70% range, noninterest expense of approximately $68.00 million, and continued progress toward a 60% efficiency ratio target.
- Net interest income increased 9.6% QoQ to $90.5 million driven by higher loan yields and lower deposit costs
- NIM expanded 25 basis points to 3.77%, including $1.6 million in additional interest from nonaccrual loan repayments
- Average cost of total deposits declined to 2.07% from 2.21%
- Total gross loans grew 3.0% QoQ to $7.1 billion
- Noninterest bearing deposit mix improved to 25.2% from 20.4%
- Efficiency ratio improved to 63.51% from 68.37%
- Non-performing assets declined 14.5% and classified loans declined 22.0%
“Our third quarter results reflect meaningful progress in building a more profitable and resilient franchise. Stronger net interest income and disciplined expense management drove improved profitability, net interest margin expansion, and higher net income. We also achieved solid loan growth, continued to reduce non-performing assets and classified loans, and achieved a noninterest bearing deposit mix that better reflects the underlying strength of our deposit base. With a stronger foundation now in place, our focus is increasingly shifting toward enhancing franchise value and delivering sustainable returns for our shareholders.”
Amerant Bancorp CEO, on the earnings call
What Is Amerant Bancorp's Outlook?
Management projects total loans reaching approximately $7.3 billion and total deposits approximately $8.5 billion by Q4 2026, primarily driven by low-cost international deposit growth. Net interest margin is expected in the range of 3.65%-3.70% in Q4 2026. Noninterest expense is projected at approximately $68 million in Q4 2026, as the company continues progress toward a target efficiency ratio of approximately 60%. Management will continue optimizing capital management, balancing between retaining capital for growth and buybacks and dividends to enhance shareholder returns.
AMTB YoY Financials
| Metric | Q3 2026 | Q3 2025 | Year over year |
|---|---|---|---|
| Revenue | $108.8M | $167.1M | −34.9% |
| Net Income | $25.7M | $14.8M | +74.3% |
| Operating Income | $39.7M | $19.0M | +108.9% |
AMTB Revenue by Segment
When Does Amerant Bancorp Report Next?
Figures from SEC filings and company reports. Not investment advice.