Amerant Bancorp (NYSE:AMTB) Raised to “Buy” at Wall Street Zen

Amerant Bancorp (NYSE:AMTB) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday.

Amerant Bancorp Stock Performance

Shares of AMTB opened at $21.06 on Friday. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.95 and a quick ratio of 0.95. The stock has a market capitalization of $879.26 million, a price-to-earnings ratio of -105.30 and a beta of 1.43. Amerant Bancorp has a 52 week low of $16.21 and a 52 week high of $26.24.

Amerant Bancorp Company Profile

Amerant Bancorp Inc operates as the bank holding company for Amerant Bank, N.A. that provides banking products and services to individuals and businesses in the United States and internationally. The company offers checking, savings, and money market accounts; and certificates of deposits. It also provides variable and fixed rate commercial real estate loans; loans secured by owner-occupied properties; loans to domestic and foreign individuals primarily secured by personal residence; working capital loans, asset-based lending, participations in shared national credits, purchased receivables, and small business administration loans; loans to financial institutions and acceptances; and consumer loans and overdrafts, such as automobile, personal, or loans secured by cash or securities and revolving credit card agreements.