Is Amerant Bancorp, Inc. overvalued or undervalued?

As of 3 October 2025, the valuation grade for Amerant Bancorp, Inc. moved from very expensive to fair. Based on the current metrics, the company appears to be fairly valued. Key ratios include a Price to Book Value of 0.80, an EV to Capital Employed of 0.81, and a Dividend Yield of 1.26%. In comparison, peers such as Inter & Co., Inc. have a P/E ratio of 18.88, while Nicolet Bankshares, Inc. has a P/E of 15.08, indicating that Amerant is positioned differently within its industry.
Despite the recent adjustment in valuation, Amerant has underperformed against the S&P 500, with a year-to-date return of -17.00% compared to the S&P 500's 14.18%. This trend highlights the challenges the company faces in the current market environment, reinforcing the notion that it is fairly valued at this time.