Amerant Bancorp Inc. (AMTB) vs Metropolitan Bank Holding Corp. (MCB)

Amerant Bancorp Inc. and Metropolitan Bank Holding Corp. are both Banks Regional companies. Amerant Bancorp Inc. and Metropolitan Bank Holding Corp. are of similar size ($1.2B and $1.1B). Metropolitan Bank Holding Corp. trades at the lower P/E: 11.2× against 21.1×. Metropolitan Bank Holding Corp. grew revenue faster over the last twelve months: 10.5% against 4.23%. Metropolitan Bank Holding Corp. has the higher net margin (15.6% vs 8.76%) and the higher return on invested capital (10.4% vs 3.15%). Across the 19 metrics below, Metropolitan Bank Holding Corp. leads on 13 and Amerant Bancorp Inc. on 6.

Valuation

Metric AMTB MCB Banks Regional median
P/E 21.14 11.20 12.15
P/S 1.81 2.00 2.37
P/B 1.27 1.15 1.21
Price to free cash flow 9.81 11.13 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.58 1.59 2.27
Earnings yield 4.73% 8.93% 8.11%
Free cash flow yield 10.19% 8.98% 8.98%

Profitability

Metric AMTB MCB Banks Regional median
Gross margin 65.59% 62.89% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 8.76% 15.58% 18.66%
Free cash flow margin 18.43% 17.92% 21.18%
Return on equity 6.13% 10.24% 10.64%
Return on assets 0.55% 1.04% 1.13%
Return on invested capital 3.15% 10.37% 8.33%

Growth

Metric AMTB MCB Banks Regional median
Revenue growth (TTM) 4.23% 10.54% 6.61%
EPS growth (last fiscal year) 386.36% 11.64% —
Revenue growth, 5-year CAGR 15.14% 26.91% 12.30%
Net income growth, 5-year CAGR 0.00% 12.69% 9.71%

Health

Metric AMTB MCB Banks Regional median
Debt to equity 0.87 0.02 0.22
Current ratio 0.86 0.97 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric AMTB MCB Banks Regional median
Dividend yield 1.62% — 3.75%
Payout ratio 0.18 0.00 0.27

Size

Metric AMTB MCB Banks Regional median
Market cap 1.15b 1.10b 921.07m

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