Investing.com - Amerant Bancorp A reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Amerant Bancorp A announced earnings per share of $0.62 on revenue of $85.85. Analysts polled by Investing.com anticipated EPS of $0.53 on revenue of $80.9M.
Amerant Bancorp A shares are down 23% from the beginning of the year , still down 28.35% from its 52 week high of $36.72 set on Friday, December 17, 2021.
Amerant Bancorp A follows other major Financial sector earnings this month
Amerant Bancorp A's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.78 on revenue of $23.56B.
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