Amerant Bancorp Inc. (NASDAQ:AMTB) posted its second quarter earnings results on Friday 24th July 2020 before market open.
The bank holding company, reported $ 0.37 loss per share for the quarter
On adjusted basis, Amerant Bancorp Inc. reported loss for the quarter of $ 0.34 per share, missed the consensus estimate of $ 0.09 loss per share by $ 0.25 or 277.78 percent.
The firm had revenue of $ 66.08 million for the quarter, compared to the consensus estimate of $ 59.86 million. The revenues out-shined analysts estimates by $ 6.22 million or 10.39 percent.
The financial report showed revenues dropped 2.74 percent versus second quarter of last year.
Analysts estimates are from Thompson Reuters, exclude one time gain or loss
