Amerant Bancorp Inc. (AMTB) financial statements (2020 and earlier)

Company profile

Business Address 220 ALHAMBRA CIRCLE
CORAL GABLES, FL 33134
State of Incorp. FL
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments14586
Cash and cash equivalents12186
Short-term investments24 
Total current assets:14586
Noncurrent Assets
Property, plant and equipment129124
Long-term investments and receivables89114
Long-term investments89114
Intangible assets, net (including goodwill)2019
Goodwill2019
Deferred income tax assets5
Total noncurrent assets:243257
Other undisclosed assets7,5977,782
TOTAL ASSETS:7,9858,124
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt 440
Total current liabilities: 440
Noncurrent Liabilities
Other undisclosed liabilities7,1516,937
Total liabilities:7,1517,377
Stockholders' equity
Stockholders' equity attributable to parent, including:835747
Treasury stock, value(46)(18)
Additional paid in capital419385
Accumulated other comprehensive income (loss)13(18)
Retained earnings444394
Other undisclosed stockholders' equity attributable to parent54
Total stockholders' equity:835747
TOTAL LIABILITIES AND EQUITY:7,9858,124

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
Revenues268259
Net investment income266260
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
 (0)
Gross profit:268259
Operating expenses(52)(57)
Other operating income, net
(Noninterest Income, Other Operating Income)
137
Operating income:229209
Nonoperating income
(Bank Owned Life Insurance Income)
66
Interest and debt expense(101)(89)
Other undisclosed loss from continuing operations before equity method investments, income taxes(70)(68)
Income from continuing operations before income taxes:6458
Income tax expense(13)(12)
Net income available to common stockholders, diluted:5146

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
Net income:5146
Comprehensive income:5146
Other undisclosed comprehensive income (loss), net of tax, attributable to parent31(12)
Comprehensive income, net of tax, attributable to parent:8334

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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