AMTB
Amerant Bancorp Inc.
AMTB has the edge over BLK overall, supported by stronger modeled upside and stronger valuation.
BLK
BlackRock, Inc.
BLK offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
AMTB Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
AMTB's profitability is currently healthy, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like AMTB.
BLK Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
BLK's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like BLK.
AMTB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.5x | $16.09 | -47% |
| Forward | 11x | $30.42 | — |
| Fair | 16x | $27.09 | -11% |
| Current | 18x | $30.42 | — |
| Expensive | 34x | $58.59 | +93% |
Historical ranges are pointers, not guarantees.
AMTB has the edge over BLK in the historical PE scenario, which offers more potential upside but is not a forecast.
BLK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 19x | $848 | -30% |
| Fair | 22x | $973 | -20% |
| Expensive | 26x | $1,149 | -5.5% |
| Current | 28x | $1,217 | — |
Historical ranges are pointers, not guarantees.
BLK's PE is in its expensive range at 28x.
AMTB Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for AMTB, with profitability improving.
BLK Forward outlook
There aren't enough analyst estimates for BLK to show an outlook.
AMTB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.77 | +63% |
| Q3 2026 | $1.70 | -0.6% |
| Q2 2026 | $1.40 | +$1.47 |
| Q1 2026 | $1.42 | +$1.89 |
| Q4 2025 | $1.26 | +$1.70 |
| Q3 2025 | $1.71 | +$3.20 |
| Q2 2025 | -$0.07 | -112% |
| Q1 2025 | -$0.47 | -170% |
| Q4 2024 | -$0.44 | -146% |
AMTB's earnings per share have fallen from their peak: $1.70 over the past year, against $3.08 in early 2022.
BLK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $43.87 | +11% |
| Q2 2026 | $41.73 | -0.4% |
| Q1 2026 | $39.73 | -4.7% |
| Q4 2025 | $35.31 | -17% |
| Q3 2025 | $39.42 | -2.7% |
| Q2 2025 | $41.89 | +4% |
| Q1 2025 | $41.69 | +5.9% |
| Q4 2024 | $42.53 | +16% |
BLK earned $43.87 per share over the past year, up 11% from the year before.
AMTB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $108.8M | -2.4% |
| Q2 2026 | $100.7M | -8.6% |
| Q1 2026 | $97.7M | -7.4% |
| Q4 2025 | $112.2M | +0.8% |
| Q3 2025 | $111.4M | +235% |
| Q2 2025 | $110.3M | +12% |
| Q1 2025 | $105.4M | +14% |
| Q4 2024 | $111.3M | +9.9% |
AMTB's revenue has slid since its 2021 peak: $109M last quarter, down 2.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 31% | +14 points |
| Q2 2026 | 27% | -0.1 points |
| Q1 2026 | 23% | +8.9 points |
| Q4 2025 | 1.7% | -15 points |
| Q3 2025 | 17% | +203 points |
| Q2 2025 | 27% | +21 points |
| Q1 2025 | 15% | +0.1 points |
| Q4 2024 | 16% | +37 points |
AMTB has the edge over BLK on profitability, with a higher operating margin.
BLK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $7.8B | +19% |
| Q2 2026 | $7.1B | +31% |
| Q1 2026 | $6.7B | +27% |
| Q4 2025 | $7B | +23% |
| Q3 2025 | $6.5B | +25% |
| Q2 2025 | $5.4B | +13% |
| Q1 2025 | $5.3B | +12% |
| Q4 2024 | $5.7B | +23% |
BLK has the edge over AMTB on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 30% | 0 points |
| Q2 2026 | 35% | +2.8 points |
| Q1 2026 | 42% | +9.8 points |
| Q4 2025 | 24% | -13 points |
| Q3 2025 | 30% | -8.6 points |
| Q2 2025 | 32% | -5.5 points |
| Q1 2025 | 32% | -3.6 points |
| Q4 2024 | 37% | +2.3 points |
BLK's operating margin was 30% last quarter, about level with the same quarter a year ago, near the bottom of its range since 2019.
AMTB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $56.4M | +138% |
| Q2 2026 | $39.4M | -30% |
| Q1 2026 | $10.1M | -44% |
| Q4 2025 | $31.3M | -59% |
| Q3 2025 | $23.7M | +815% |
| Q2 2025 | $56.3M | +$60.1M |
| Q1 2025 | $18M | +$18.7M |
| Q4 2024 | $76.7M | +$93.6M |
AMTB's free cash flow was $137M over the past year, down 21% from the year before. Free cash flow isn't a meaningful measure for financial services companies like AMTB.
BLK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.6B | +95% |
| Q2 2026 | $1.1B | -12% |
| Q1 2026 | -$1.1B | +$120M |
| Q4 2025 | $2.1B | -15% |
| Q2 2025 | $1.3B | -6.1% |
| Q1 2025 | -$1.2B | -$734M |
| Q4 2024 | $2.5B | +35% |
| Q2 2024 | $1.4B | +47% |
BLK's free cash flow was $4.8B over the past year, up 22% from the year before. Free cash flow isn't a meaningful measure for financial services companies like BLK.
AMTB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -64.8K shares |
| 1 year | -5.6% | -2.3M shares |
| 3 years | +17% | +5.7M shares |
| 5 years | +4.6% | +1.8M shares |
| Available history | -7.3% | -3.1M shares |
AMTB has the edge over BLK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $2M |
| Q2 2026 | $16.4M |
| Q1 2026 | $18.7M |
| Q4 2025 | $13M |
| Q3 2025 | $10M |
| Q2 2025 | $5M |
| Q1 2025 | $5M |
| Q4 2024 | — |
AMTB spent $50M buying back its own shares over the past year, up 150% from the year before.
BLK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -148K shares |
| 1 year | -0.4% | -677K shares |
| 3 years | +9.3% | +14M shares |
| 5 years | +6.2% | +9.6M shares |
| Available history | +4.4% | +7M shares |
BLK has 165M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q2 2025 | $396M |
| Q1 2025 | $657M |
| Q4 2024 | $386M |
| Q2 2024 | $519M |
| Q1 2024 | $634M |
| Q4 2023 | $384M |
| Q3 2023 | $396M |
| Q2 2023 | $383M |
AMTB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 8.0x | High |
| Q2 2026 | 8.9x | High |
| Q1 2026 | 8.7x | High |
| Q4 2025 | 9.5x | High |
| Q3 2025 | 9.2x | High |
| Q2 2025 | 93.7x | High |
| Q2 2024 | 24.6x | High |
| Q1 2024 | 20.9x | High |
AMTB's net debt is about 8.0 years of its operating earnings (EBITDA), down from 9.2 years a year ago. Net leverage isn't a meaningful measure for financial services companies like AMTB.
BLK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.0x | Net Cash |
| Q2 2026 | 0.2x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.2x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2024 | 0.2x | Very low |
| Q1 2024 | 0.3x | Very low |
| Q4 2023 | 0.1x | Very low |
BLK has the edge over AMTB on leverage, with a lower net debt burden relative to earnings.
AMTB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 69.2 | Neutral |
| Stochastic | 69.7 | Neutral |
AMTB's weekly RSI is 69 (neutral) and its Stochastic is 70 (neutral).
BLK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 64.5 | Neutral |
| Stochastic | 79.0 | Neutral |
BLK's weekly RSI is 64 (neutral) and its Stochastic is 79 (neutral).
AMTB PE vs Financial Services Sector
| Metric | AMTB | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 13x | 37% above |
| PE % | 55 | 63 | 8 pts below |
AMTB has the edge over BLK on valuation relative to its sector.
BLK PE vs Financial Services Sector
| Metric | BLK | Sector median | Relative |
|---|---|---|---|
| PE | 28x | 13x | 113% above |
| PE % | 97 | 63 | 34 pts above |
BLK is trading at 28x earnings, a 113% premium to the Financial Services sector's median of 13x.
AMTB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $29.6 | 2.7% above |
| 20 week MA | $28.8 | 5.6% above |
| 50 week MA | $24.7 | 23% above |
| 100 week MA | $22.2 | 37% above |
| 200 week MA | $22.0 | 39% above |
AMTB is in an uptrend: it's above all five of its weekly moving averages, and 39% above its 200-week average.
BLK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1,128.0 | 7.9% above |
| 20 week MA | $1,108.9 | 9.7% above |
| 50 week MA | $1,071.6 | 14% above |
| 100 week MA | $1,051.1 | 16% above |
| 200 week MA | $914.1 | 33% above |
BLK is in an uptrend: it's above all five of its weekly moving averages, and 33% above its 200-week average.
AMTB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $21.8 | $15.2 | -30% |
| 2021 | $15.2 | $34.1 | +125% |
| 2022 | $34.1 | $27.0 | -21% |
| 2023 | $27.0 | $24.6 | -8.9% |
| 2024 | $24.6 | $22.3 | -9.1% |
| 2025 | $22.3 | $20.1 | -10% |
| 2026 YTD | $20.1 | $30.4 | +52% |
AMTB has the edge over BLK on returns for 2026, with the stronger performance.
BLK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $503.0 | $707.2 | +41% |
| 2021 | $707.2 | $913.9 | +29% |
| 2022 | $913.9 | $703.9 | -23% |
| 2023 | $703.9 | $811.8 | +15% |
| 2024 | $811.8 | $1,044.2 | +29% |
| 2025 | $1,044.2 | $1,088.1 | +4.2% |
| 2026 YTD | $1,088.1 | $1,216.6 | +12% |
BLK has finished higher in five of the last six years. It's up 12% so far in 2026.