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Side-by-side financial comparison of Amerant Bancorp Inc. (AMTB) and Target Hospitality Corp. (TH). Click either name above to swap in a different company.

Amerant Bancorp Inc. is the larger business by last-quarter revenue ($112.2M vs $73.5M, roughly 1.5× Target Hospitality Corp.). Amerant Bancorp Inc. runs the higher net margin — 3.0% vs -20.3%, a 23.3% gap on every dollar of revenue. On growth, Target Hospitality Corp. posted the faster year-over-year revenue change (22.0% vs 2.9%). Over the past eight quarters, Amerant Bancorp Inc.'s revenue compounded faster (10.1% CAGR vs 0.7%).

Amerant Bank is an American bank based in Coral Gables, Florida that is chartered in Florida, with 19 branches in Florida and 55,000 automated teller machines either operating directly or through a network of ATMs.

Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.

AMTB vs TH — Head-to-Head

Bigger by revenue
AMTB
AMTB
1.5× larger
AMTB
$112.2M
$73.5M
TH
Growing faster (revenue YoY)
TH
TH
+19.1% gap
TH
22.0%
2.9%
AMTB
Higher net margin
AMTB
AMTB
23.3% more per $
AMTB
3.0%
-20.3%
TH
Faster 2-yr revenue CAGR
AMTB
AMTB
Annualised
AMTB
10.1%
0.7%
TH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AMTB
AMTB
TH
TH
Revenue
$112.2M
$73.5M
Net Profit
$2.7M
$-14.9M
Gross Margin
9.6%
Operating Margin
1.7%
-22.9%
Net Margin
3.0%
-20.3%
Revenue YoY
2.9%
22.0%
Net Profit YoY
-84.0%
-219.1%
EPS (diluted)
$0.08
$-0.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMTB
AMTB
TH
TH
Q4 25
$112.2M
$73.5M
Q3 25
$111.4M
$91.6M
Q2 25
$110.3M
$54.9M
Q1 25
$105.4M
$54.9M
Q4 24
$87.6M
$60.2M
Q3 24
$33.3M
$65.8M
Q2 24
$98.8M
$67.5M
Q1 24
$92.5M
$72.4M
Net Profit
AMTB
AMTB
TH
TH
Q4 25
$2.7M
$-14.9M
Q3 25
$14.8M
$-795.0K
Q2 25
$23.0M
$-14.9M
Q1 25
$12.0M
$-6.5M
Q4 24
$16.9M
$12.5M
Q3 24
$-48.2M
$20.0M
Q2 24
$5.0M
$18.4M
Q1 24
$10.6M
$20.4M
Gross Margin
AMTB
AMTB
TH
TH
Q4 25
9.6%
Q3 25
19.6%
Q2 25
-0.6%
Q1 25
32.7%
Q4 24
61.5%
Q3 24
68.7%
Q2 24
69.4%
Q1 24
67.8%
Operating Margin
AMTB
AMTB
TH
TH
Q4 25
1.7%
-22.9%
Q3 25
17.1%
0.1%
Q2 25
27.0%
-30.8%
Q1 25
14.6%
-2.0%
Q4 24
20.6%
34.5%
Q3 24
-185.8%
42.5%
Q2 24
6.4%
43.8%
Q1 24
14.6%
42.0%
Net Margin
AMTB
AMTB
TH
TH
Q4 25
3.0%
-20.3%
Q3 25
13.2%
-0.9%
Q2 25
20.9%
-27.2%
Q1 25
11.3%
-11.8%
Q4 24
19.3%
20.8%
Q3 24
-144.6%
30.4%
Q2 24
5.0%
27.2%
Q1 24
11.4%
28.2%
EPS (diluted)
AMTB
AMTB
TH
TH
Q4 25
$0.08
$-0.14
Q3 25
$0.35
$-0.01
Q2 25
$0.55
$-0.15
Q1 25
$0.28
$-0.07
Q4 24
$0.53
$0.12
Q3 24
$-1.43
$0.20
Q2 24
$0.15
$0.18
Q1 24
$0.31
$0.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMTB
AMTB
TH
TH
Cash + ST InvestmentsLiquidity on hand
$8.3M
Total DebtLower is stronger
$1.7M
Stockholders' EquityBook value
$938.8M
$389.3M
Total Assets
$9.8B
$530.2M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMTB
AMTB
TH
TH
Q4 25
$8.3M
Q3 25
$30.4M
Q2 25
$19.2M
Q1 25
$34.5M
Q4 24
$190.7M
Q3 24
$177.7M
Q2 24
$154.3M
Q1 24
$124.3M
Total Debt
AMTB
AMTB
TH
TH
Q4 25
$1.7M
Q3 25
$2.0M
Q2 25
$26.3M
Q1 25
$42.9M
Q4 24
$1.5M
Q3 24
$994.0K
Q2 24
$1.1M
Q1 24
$179.9M
Stockholders' Equity
AMTB
AMTB
TH
TH
Q4 25
$938.8M
$389.3M
Q3 25
$944.9M
$402.4M
Q2 25
$924.3M
$401.3M
Q1 25
$906.3M
$415.3M
Q4 24
$890.5M
$421.1M
Q3 24
$902.9M
$417.6M
Q2 24
$734.3M
$397.2M
Q1 24
$738.1M
$375.5M
Total Assets
AMTB
AMTB
TH
TH
Q4 25
$9.8B
$530.2M
Q3 25
$10.4B
$541.2M
Q2 25
$10.3B
$533.7M
Q1 25
$10.2B
$562.5M
Q4 24
$9.9B
$725.8M
Q3 24
$10.4B
$709.8M
Q2 24
$9.7B
$697.0M
Q1 24
$9.8B
$687.2M
Debt / Equity
AMTB
AMTB
TH
TH
Q4 25
0.00×
Q3 25
0.01×
Q2 25
0.07×
Q1 25
0.10×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.00×
Q1 24
0.48×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMTB
AMTB
TH
TH
Operating Cash FlowLast quarter
$137.0M
$5.7M
Free Cash FlowOCF − Capex
$129.2M
FCF MarginFCF / Revenue
115.2%
Capex IntensityCapex / Revenue
6.9%
Cash ConversionOCF / Net Profit
50.71×
TTM Free Cash FlowTrailing 4 quarters
$225.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMTB
AMTB
TH
TH
Q4 25
$137.0M
$5.7M
Q3 25
$22.7M
$53.4M
Q2 25
$57.6M
$11.1M
Q1 25
$20.2M
$3.9M
Q4 24
$82.2M
$30.6M
Q3 24
$4.2M
$31.4M
Q2 24
$-2.3M
$39.1M
Q1 24
$2.8M
$50.6M
Free Cash Flow
AMTB
AMTB
TH
TH
Q4 25
$129.2M
Q3 25
$21.7M
Q2 25
$56.3M
Q1 25
$18.0M
$-11.6M
Q4 24
$74.8M
Q3 24
$2.6M
Q2 24
$-3.9M
Q1 24
$-694.0K
FCF Margin
AMTB
AMTB
TH
TH
Q4 25
115.2%
Q3 25
19.5%
Q2 25
51.0%
Q1 25
17.1%
-21.1%
Q4 24
85.3%
Q3 24
7.8%
Q2 24
-3.9%
Q1 24
-0.8%
Capex Intensity
AMTB
AMTB
TH
TH
Q4 25
6.9%
Q3 25
0.9%
Q2 25
1.2%
Q1 25
2.1%
28.2%
Q4 24
8.4%
Q3 24
4.8%
Q2 24
1.5%
Q1 24
3.8%
Cash Conversion
AMTB
AMTB
TH
TH
Q4 25
50.71×
Q3 25
1.54×
Q2 25
2.50×
Q1 25
1.69×
Q4 24
4.87×
2.44×
Q3 24
1.57×
Q2 24
-0.47×
2.13×
Q1 24
0.26×
2.48×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMTB
AMTB

Other$58.0M52%
Commercial Portfolio Segment$25.7M23%
Commercial Real Estate Portfolio Segment$17.3M15%
Consumer Portfolio Segment$11.1M10%

TH
TH

Services$40.9M56%
Hospitality And Facilities Services South$32.6M44%

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