80M 10.4%
Total Revenue QoQ (USD) - Q1 '24

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Income Statement (USD)

Q1 '24 QoQ
Revenue 80M 10.4%
Gross Profit 1.1M 103.2%
Cost of Revenue 79M 35.4%
Operating expense 26M 47.4%
Net Income 11M 161.7%
EBITDA 82M 80.2%

Balance Sheet (USD)

Q1 '24 QoQ
Total Assets 9.82B 1%
Total Liabilities 9.08B 1.1%
Total Equity 738M 0.3%
Shares Outstanding 34M 0.3%

Cash Flow (USD)

Q1 '24 QoQ
Cash from operations 2.8M 119.6%
Cash from investing 287M 176.5%
Cash from financing 48M 88%



Financial Highlights for Amerant Bancorp in Q1 '24

Amerant Bancorp reported a revenue of 80M, which is a -10.4% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. A decline in revenue can be concerning, as it might indicate reduced sales or challenges in the market. It's important to investigate further to understand the underlying causes.

Gross Profit stood at 1.1M, marking a 103.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.

Cost of Revenue was 79M, a -35.4% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.

Operating Expenses for this period were 26M, showing a -47.4% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.

Net Income for the quarter was 11M, showing a 161.7% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.

The company's EBITDA for the quarter was 82M, showing a 80.2% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.

Amerant Bancorp faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income.

The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.
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