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Side-by-side financial comparison of Amerant Bancorp Inc. (AMTB) and Turning Point Brands, Inc. (TPB). Click either name above to swap in a different company.

Turning Point Brands, Inc. is the larger business by last-quarter revenue ($121.0M vs $112.2M, roughly 1.1× Amerant Bancorp Inc.). Turning Point Brands, Inc. runs the higher net margin — 6.8% vs 3.0%, a 3.8% gap on every dollar of revenue. On growth, Turning Point Brands, Inc. posted the faster year-over-year revenue change (29.2% vs 2.9%). Amerant Bancorp Inc. produced more free cash flow last quarter ($129.2M vs $21.5M). Over the past eight quarters, Turning Point Brands, Inc.'s revenue compounded faster (20.7% CAGR vs 10.1%).

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.

Turning Point Australia (TPAUS) is a conservative lobby group based in Australia, affiliated with Turning Point USA but independent of it. Founded by Joel Jammal and first registered in 2023, the group has become active in trying to influence the outcome of the 2026 South Australian state election in March 2026.

AMTB vs TPB — Head-to-Head

Bigger by revenue
TPB
TPB
1.1× larger
TPB
$121.0M
$112.2M
AMTB
Growing faster (revenue YoY)
TPB
TPB
+26.3% gap
TPB
29.2%
2.9%
AMTB
Higher net margin
TPB
TPB
3.8% more per $
TPB
6.8%
3.0%
AMTB
More free cash flow
AMTB
AMTB
$107.7M more FCF
AMTB
$129.2M
$21.5M
TPB
Faster 2-yr revenue CAGR
TPB
TPB
Annualised
TPB
20.7%
10.1%
AMTB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AMTB
AMTB
TPB
TPB
Revenue
$112.2M
$121.0M
Net Profit
$2.7M
$8.2M
Gross Margin
55.9%
Operating Margin
1.7%
16.5%
Net Margin
3.0%
6.8%
Revenue YoY
2.9%
29.2%
Net Profit YoY
-84.0%
239.8%
EPS (diluted)
$0.08
$0.40

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
TPB
TPB
Q4 25
$112.2M
$121.0M
Q3 25
$111.4M
$119.0M
Q2 25
$110.3M
$116.6M
Q1 25
$105.4M
$106.4M
Q4 24
$87.6M
$93.7M
Q3 24
$33.3M
$90.7M
Q2 24
$98.8M
$93.2M
Q1 24
$92.5M
$83.1M
Net Profit
AMTB
AMTB
TPB
TPB
Q4 25
$2.7M
$8.2M
Q3 25
$14.8M
$21.1M
Q2 25
$23.0M
$14.5M
Q1 25
$12.0M
$14.4M
Q4 24
$16.9M
$2.4M
Q3 24
$-48.2M
$12.4M
Q2 24
$5.0M
$13.0M
Q1 24
$10.6M
$12.0M
Gross Margin
AMTB
AMTB
TPB
TPB
Q4 25
55.9%
Q3 25
59.2%
Q2 25
57.1%
Q1 25
56.0%
Q4 24
56.0%
Q3 24
55.6%
Q2 24
54.1%
Q1 24
58.2%
Operating Margin
AMTB
AMTB
TPB
TPB
Q4 25
1.7%
16.5%
Q3 25
17.1%
21.8%
Q2 25
27.0%
22.6%
Q1 25
14.6%
21.8%
Q4 24
20.6%
19.1%
Q3 24
-185.8%
22.9%
Q2 24
6.4%
24.5%
Q1 24
14.6%
23.2%
Net Margin
AMTB
AMTB
TPB
TPB
Q4 25
3.0%
6.8%
Q3 25
13.2%
17.7%
Q2 25
20.9%
12.4%
Q1 25
11.3%
13.5%
Q4 24
19.3%
2.6%
Q3 24
-144.6%
13.6%
Q2 24
5.0%
14.0%
Q1 24
11.4%
14.5%
EPS (diluted)
AMTB
AMTB
TPB
TPB
Q4 25
$0.08
$0.40
Q3 25
$0.35
$1.13
Q2 25
$0.55
$0.79
Q1 25
$0.28
$0.79
Q4 24
$0.53
$0.15
Q3 24
$-1.43
$0.68
Q2 24
$0.15
$0.68
Q1 24
$0.31
$0.63

Balance Sheet & Financial Strength

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

Metric
AMTB
AMTB
TPB
TPB
Cash + ST InvestmentsLiquidity on hand
$222.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$938.8M
$372.0M
Total Assets
$9.8B
$763.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMTB
AMTB
TPB
TPB
Q4 25
$222.8M
Q3 25
$201.2M
Q2 25
$109.9M
Q1 25
$99.6M
Q4 24
$48.9M
Q3 24
$33.6M
Q2 24
$142.2M
Q1 24
$130.9M
Stockholders' Equity
AMTB
AMTB
TPB
TPB
Q4 25
$938.8M
$372.0M
Q3 25
$944.9M
$358.2M
Q2 25
$924.3M
$224.8M
Q1 25
$906.3M
$203.4M
Q4 24
$890.5M
$190.4M
Q3 24
$902.9M
$185.7M
Q2 24
$734.3M
$172.8M
Q1 24
$738.1M
$160.0M
Total Assets
AMTB
AMTB
TPB
TPB
Q4 25
$9.8B
$763.8M
Q3 25
$10.4B
$742.8M
Q2 25
$10.3B
$595.8M
Q1 25
$10.2B
$564.6M
Q4 24
$9.9B
$493.4M
Q3 24
$10.4B
$488.0M
Q2 24
$9.7B
$591.6M
Q1 24
$9.8B
$586.3M

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
TPB
TPB
Operating Cash FlowLast quarter
$137.0M
$24.9M
Free Cash FlowOCF − Capex
$129.2M
$21.5M
FCF MarginFCF / Revenue
115.2%
17.8%
Capex IntensityCapex / Revenue
6.9%
2.8%
Cash ConversionOCF / Net Profit
50.71×
3.03×
TTM Free Cash FlowTrailing 4 quarters
$225.2M
$43.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMTB
AMTB
TPB
TPB
Q4 25
$137.0M
$24.9M
Q3 25
$22.7M
$3.3M
Q2 25
$57.6M
$11.8M
Q1 25
$20.2M
$17.4M
Q4 24
$82.2M
$17.7M
Q3 24
$4.2M
$13.2M
Q2 24
$-2.3M
$13.4M
Q1 24
$2.8M
$22.6M
Free Cash Flow
AMTB
AMTB
TPB
TPB
Q4 25
$129.2M
$21.5M
Q3 25
$21.7M
$-721.0K
Q2 25
$56.3M
$7.8M
Q1 25
$18.0M
$15.2M
Q4 24
$74.8M
$16.6M
Q3 24
$2.6M
$12.6M
Q2 24
$-3.9M
$10.9M
Q1 24
$-694.0K
$22.3M
FCF Margin
AMTB
AMTB
TPB
TPB
Q4 25
115.2%
17.8%
Q3 25
19.5%
-0.6%
Q2 25
51.0%
6.7%
Q1 25
17.1%
14.3%
Q4 24
85.3%
17.8%
Q3 24
7.8%
13.9%
Q2 24
-3.9%
11.7%
Q1 24
-0.8%
26.8%
Capex Intensity
AMTB
AMTB
TPB
TPB
Q4 25
6.9%
2.8%
Q3 25
0.9%
3.4%
Q2 25
1.2%
3.4%
Q1 25
2.1%
2.1%
Q4 24
8.4%
1.2%
Q3 24
4.8%
0.7%
Q2 24
1.5%
2.7%
Q1 24
3.8%
0.4%
Cash Conversion
AMTB
AMTB
TPB
TPB
Q4 25
50.71×
3.03×
Q3 25
1.54×
0.16×
Q2 25
2.50×
0.82×
Q1 25
1.69×
1.21×
Q4 24
4.87×
7.34×
Q3 24
1.07×
Q2 24
-0.47×
1.03×
Q1 24
0.26×
1.89×

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%

TPB
TPB

US$111.5M92%
Non Us$9.6M8%

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