AMTB
Amerant Bancorp Inc.
AMTB has slightly lower modeled downside risk, despite its lower overall score.
GS
The Goldman Sachs Group, Inc.
GS has the edge over AMTB overall, supported by stronger fundamentals and stronger valuation.
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.
GS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| N/A | |
| N/A |
GS's revenue and profitability are currently strong. Free cash flow and net leverage aren't meaningful measures for financial services companies like GS.
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 GS in the historical PE scenario, which offers more potential upside but is not a forecast.
GS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.6x | $528 | -42% |
| Current | 13x | $914 | — |
| Forward | 13x | $914 | — |
| Fair | 14x | $940 | +2.9% |
| Expensive | 17x | $1,214 | +33% |
Historical ranges are pointers, not guarantees.
GS's PE is 13x, but its earnings don't support one, so it isn't a reliable read right now.
AMTB Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
AMTB has the edge over GS on the outlook, with more favorable valuation expectations.
GS Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for GS, with profitability improving. However, they disagree widely on these estimates.
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.
GS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $72.35 | +4% |
| Q3 2026 | $69.58 | +41% |
| Q2 2026 | $64.82 | +43% |
| Q1 2026 | $54.75 | +27% |
| Q4 2025 | $51.32 | +27% |
| Q3 2025 | $49.22 | +44% |
| Q2 2025 | $45.37 | +45% |
| Q1 2025 | $43.08 | +68% |
| Q4 2024 | $40.54 | +77% |
GS has the edge over AMTB on earnings, with more consistent year-over-year improvement.
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's operating margin was 31% last quarter, up 14 points from the same quarter a year ago.
GS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $18.7B | +23% |
| Q2 2026 | $20.3B | +39% |
| Q1 2026 | $17.2B | +14% |
| Q4 2025 | $13.5B | -3% |
| Q3 2025 | $15.2B | +20% |
| Q2 2025 | $14.6B | +15% |
| Q1 2025 | $15.1B | +6% |
| Q4 2024 | $13.9B | +23% |
GS has the edge over AMTB on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 37% | +2 points |
| Q2 2026 | 42% | +8.1 points |
| Q1 2026 | 38% | +0.2 points |
| Q4 2025 | 44% | +5.6 points |
| Q3 2025 | 36% | +4.1 points |
| Q2 2025 | 34% | +3.2 points |
| Q1 2025 | 37% | +0.6 points |
| Q4 2024 | 38% | +18 points |
GS has the edge over AMTB on profitability, with a higher operating margin.
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 has the edge over GS on cash generation, producing positive trailing cash flow while its opponent burns cash.
GS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.7B | +72% |
| Q2 2026 | $5.6B | +7.8% |
| Q1 2026 | -$32.4B | +$5.3B |
| Q4 2025 | -$16.8B | -136% |
| Q3 2025 | $2.1B | +$40.6B |
| Q2 2025 | $5.2B | -6.8% |
| Q1 2025 | -$37.7B | -$9.2B |
| Q4 2024 | $46.2B | +$75.1B |
GS's free cash flow was −$40B over the past year, against $15.8B the year before. Free cash flow isn't a meaningful measure for financial services companies like GS.
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 GS 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.
GS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.2% | -3.8M shares |
| 1 year | -4.4% | -13.9M shares |
| 3 years | -12% | -42.8M shares |
| 5 years | -15% | -52.8M shares |
| Available history | -20% | -74.4M shares |
GS has 301M diluted shares, down 4.4% from a year ago, with $15B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $3B |
| Q2 2026 | $4B |
| Q1 2026 | $5B |
| Q4 2025 | $3B |
| Q3 2025 | $2B |
| Q2 2025 | $3B |
| Q1 2025 | $4.4B |
| Q4 2024 | $2B |
GS spent $15B buying back its own shares over the past year, up 32% from the year before.
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.
GS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -5.4x | Net Cash |
| Q2 2026 | -6.1x | Net Cash |
| Q1 2026 | -6.7x | Net Cash |
| Q4 2025 | -6.4x | Net Cash |
| Q3 2025 | -3.5x | Net Cash |
| Q2 2025 | -3.1x | Net Cash |
| Q1 2025 | -3.9x | Net Cash |
| Q4 2024 | -4.7x | Net Cash |
GS 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).
GS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.5 | Neutral |
| Stochastic | 16.3 | Oversold |
GS's weekly RSI is 45 (neutral) and its Stochastic is 16 (oversold).
AMTB PE vs Financial Services Sector
| Metric | AMTB | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 13x | 37% above |
| PE % | 55 | 63 | 8 pts below |
AMTB is trading at 18x earnings, a 37% premium to the Financial Services sector's median of 13x.
GS PE vs Financial Services Sector
| Metric | GS | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 13x | 0.8% above |
| PE % | 46 | 63 | 17 pts below |
GS has the edge over AMTB on valuation relative to its sector.
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 has the edge over GS on trend strength, trading above more of its moving averages.
GS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $895.5 | 2% above |
| 20 week MA | $977.4 | 6.5% below |
| 50 week MA | $945.4 | 3.4% below |
| 100 week MA | $804.5 | 14% above |
| 200 week MA | $602.7 | 52% above |
GS's trend is mixed: it's above three of its five weekly moving averages, and 52% 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 GS on returns for 2026, with the stronger performance.
GS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $230.7 | $256.2 | +11% |
| 2021 | $256.2 | $385.0 | +50% |
| 2022 | $385.0 | $345.5 | -10% |
| 2023 | $345.5 | $385.8 | +12% |
| 2024 | $385.8 | $576.2 | +49% |
| 2025 | $576.2 | $907.0 | +57% |
| 2026 YTD | $907.0 | $913.6 | +0.7% |
GS has finished higher in five of the last six years, two of them by more than 50%. It's up 0.7% so far in 2026.