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Stephens & Co. Reiterates Mercantil Bank Holding’s (AMTB) Equal Weight Recommendations

Fintel will, on April 21, 2023, become Stephens & Co. repeated Mercantil Bank Holding (NASDAQ:AMTB) coverage equal weight recommendation.

Analyst Price Predictions Suggest a 77.90% Gain

Average 1 year as of April 6, 2023 price target For Mercantil Bank Holding, it is $32.54. Predictions range from as low as $28.28 to as high as $37.80. The average price target represents a 77.90% increase from the latest reported closing price of $18.29.

see us corporate leaderboard Maximum price target upwards.

Mercantil Bank Holding’s expected annual revenue is $382 million, an increase of 16.19%. Projected annual non-GAAP EPS It’s $2.72.

Mercantil Bank Holding Declares $0.09 Dividend

On April 20, 2023, the company will regular quarterly dividend $0.09 per share ($0.36 annualized). Shareholders registered as of May 15, 2023 will receive payment on May 31, 2023. Previously, the company paid him $0.09 per share.

With a current stock price of $18.29/share, the stock’s dividend yield is 1.97%. Sampled weekly over the five-year period, the average dividend yield was 1.92%, with a low of 0.68% and a high of 3.60%. The standard deviation of yield is 0.65 (n=216).

The current dividend yield is 0.08 standard deviations above its historical average.

The company’s dividend payout ratio is 0.18 times. The payout ratio indicates how much of a company’s profits is paid out as dividends. A payout ratio of 1 (1.0) means that 100% of the company’s income is paid out as dividends. A payout ratio above 1 means the company is steeped in savings to sustain its dividend. This is not a healthy situation. Companies with little growth prospects are expected to pay out the majority of their income in dividends. This usually means a payout ratio of 0.5 to 1.0. Companies with good growth prospects are expected to retain some profits to invest in those growth prospects. This translates to a payout ratio of zero to 0.5.

The company has not increased its dividend in the last three years.

What is Fund Sentiment?

there is 247 funds or institutions reporting positions at Mercantile Bank Holding. This is he one owner or a decrease of 0.40% in the last quarter.Portfolio average weight of all funds AMTB dedicated was 0.15%, a decrease of 0.70%. The total number of shares owned by the institution has increased by 1.67% to 13,981K shares over the past three months. of put/call ratio AMTB is at 1.58, indicating a bearish outlook.

What are other shareholders doing?

AMTB / Institutional Holdings of Mercantil Bank Holding Corporation

Wellington Management Group Llp It holds 2,125,000 shares representing a 6.34% ownership interest in the company. In previous filings, the company reported he owned 2,157,000 shares. Decrease of 1.51%.office gain Portfolio allocation at AMTB increased by 0.21% last quarter.

Patriot Financial Partners GP It holds 2,078,000 shares representing a 6.20% ownership interest in the company. No change from the previous quarter.

VTSMX – Vanguard Total Stock Market Index Fund Investor Stocks It owns 952,000 shares representing a 2.84% ownership interest in the company. In previous filings, the company reported that it owned 846,000 of his shares. will increase 11.11%.office gain Portfolio allocation at AMTB increased by 12.26% last quarter.

IWM – iShares Russell 2000 ETF It holds 656,000 shares representing a 1.95% ownership interest in the company. In previous filings, the company reported that it owned 602,000 of his shares. will increase 8.12%.office gain Portfolio allocation at AMTB increased by 6.50% last quarter.

Geode Capital Management It owns 504,000 shares representing a 1.50% ownership interest in the company. In previous filings, the company reported he owned 486,000 shares. will increase of 3.54%.office gain Portfolio allocation at AMTB increased 3.64% last quarter.

Amerant Bancorp Background Information
(This description is provided by the company.)

Amerant Bancorp Inc., since 1979, is a bank holding company headquartered in Coral Gables, Florida. The Company operates through its principal subsidiaries, Amerant Bank, NA (the “Bank”), Amerant Investments, Inc., Amerant Trust, NA and Erant Bank. and Trust Ltd. and Amerant Mortgage, LLC. The Company provides deposit, credit and wealth management services to US individuals and businesses as well as select international clients. In operation for over 40 years, the bank is the second largest community bank based in Florida. The bank operates 25 banking centers, 18 of which are in South Florida, 7 in the Houston, Texas area, and a commercial real estate loan origination office in New York City.

View all Mercantile Bank Holding Submissions to regulatory authorities.

This story was originally Fintel.

The views and opinions expressed herein are those of the authors and do not necessarily reflect those of Nasdaq, Inc.

Summarize this content to 100 words

Fintel will, on April 21, 2023, become Stephens & Co. repeated Mercantil Bank Holding (NASDAQ:AMTB) coverage equal weight recommendation. Analyst Price Predictions Suggest a 77.90% Gain Average 1 year as of April 6, 2023 price target For Mercantil Bank Holding, it is $32.54. Predictions range from as low as $28.28 to as high as $37.80. The average price target represents a 77.90% increase from the latest reported closing price of $18.29. see us corporate leaderboard Maximum price target upwards. Mercantil Bank Holding’s expected annual revenue is $382 million, an increase of 16.19%. Projected annual non-GAAP EPS It’s $2.72.

Mercantil Bank Holding Declares $0.09 Dividend On April 20, 2023, the company will regular quarterly dividend $0.09 per share ($0.36 annualized). Shareholders registered as of May 15, 2023 will receive payment on May 31, 2023. Previously, the company paid him $0.09 per share. With a current stock price of $18.29/share, the stock’s dividend yield is 1.97%. Sampled weekly over the five-year period, the average dividend yield was 1.92%, with a low of 0.68% and a high of 3.60%. The standard deviation of yield is 0.65 (n=216). The current dividend yield is 0.08 standard deviations above its historical average. The company’s dividend payout ratio is 0.18 times. The payout ratio indicates how much of a company’s profits is paid out as dividends. A payout ratio of 1 (1.0) means that 100% of the company’s income is paid out as dividends. A payout ratio above 1 means the company is steeped in savings to sustain its dividend. This is not a healthy situation. Companies with little growth prospects are expected to pay out the majority of their income in dividends. This usually means a payout ratio of 0.5 to 1.0. Companies with good growth prospects are expected to retain some profits to invest in those growth prospects. This translates to a payout ratio of zero to 0.5. The company has not increased its dividend in the last three years. What is Fund Sentiment? there is 247 funds or institutions reporting positions at Mercantile Bank Holding. This is he one owner or a decrease of 0.40% in the last quarter.Portfolio average weight of all funds AMTB dedicated was 0.15%, a decrease of 0.70%. The total number of shares owned by the institution has increased by 1.67% to 13,981K shares over the past three months. of put/call ratio AMTB is at 1.58, indicating a bearish outlook.

What are other shareholders doing? Wellington Management Group Llp It holds 2,125,000 shares representing a 6.34% ownership interest in the company. In previous filings, the company reported he owned 2,157,000 shares. Decrease of 1.51%.office gain Portfolio allocation at AMTB increased by 0.21% last quarter. Patriot Financial Partners GP It holds 2,078,000 shares representing a 6.20% ownership interest in the company. No change from the previous quarter. VTSMX – Vanguard Total Stock Market Index Fund Investor Stocks It owns 952,000 shares representing a 2.84% ownership interest in the company. In previous filings, the company reported that it owned 846,000 of his shares. will increase 11.11%.office gain Portfolio allocation at AMTB increased by 12.26% last quarter. IWM – iShares Russell 2000 ETF It holds 656,000 shares representing a 1.95% ownership interest in the company. In previous filings, the company reported that it owned 602,000 of his shares. will increase 8.12%.office gain Portfolio allocation at AMTB increased by 6.50% last quarter. Geode Capital Management It owns 504,000 shares representing a 1.50% ownership interest in the company. In previous filings, the company reported he owned 486,000 shares. will increase of 3.54%.office gain Portfolio allocation at AMTB increased 3.64% last quarter. Amerant Bancorp Background Information(This description is provided by the company.)

Amerant Bancorp Inc., since 1979, is a bank holding company headquartered in Coral Gables, Florida. The Company operates through its principal subsidiaries, Amerant Bank, NA (the “Bank”), Amerant Investments, Inc., Amerant Trust, NA and Erant Bank. and Trust Ltd. and Amerant Mortgage, LLC. The Company provides deposit, credit and wealth management services to US individuals and businesses as well as select international clients. In operation for over 40 years, the bank is the second largest community bank based in Florida. The bank operates 25 banking centers, 18 of which are in South Florida, 7 in the Houston, Texas area, and a commercial real estate loan origination office in New York City. View all Mercantile Bank Holding Submissions to regulatory authorities. This story was originally Fintel.

The views and opinions expressed herein are those of the authors and do not necessarily reflect those of Nasdaq, Inc.

https://www.nasdaq.com/articles/stephens-co.-reiterates-mercantil-bank-holding-amtb-equal-weight-recommendation Stephens & Co. Reiterates Mercantil Bank Holding’s (AMTB) Equal Weight Recommendations

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