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Side-by-side financial comparison of Amerant Bancorp Inc. (AMTB) and Zai Lab Ltd (ZLAB). Click either name above to swap in a different company.

Zai Lab Ltd is the larger business by last-quarter revenue ($127.1M vs $112.2M, roughly 1.1× Amerant Bancorp Inc.). On growth, Zai Lab Ltd posted the faster year-over-year revenue change (17.1% vs 2.9%). Amerant Bancorp Inc. produced more free cash flow last quarter ($129.2M vs $-26.7M). Over the past eight quarters, Zai Lab Ltd's revenue compounded faster (20.8% 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.

Zai Lab Ltd is a global biopharmaceutical company focused on developing, manufacturing and commercializing innovative therapies for oncology, autoimmune disorders, infectious diseases and other unmet medical needs. It operates primarily in the Greater China region and partners with leading global biotech firms to expand access to life-saving treatments for underserved patient populations.

AMTB vs ZLAB — Head-to-Head

Bigger by revenue
ZLAB
ZLAB
1.1× larger
ZLAB
$127.1M
$112.2M
AMTB
Growing faster (revenue YoY)
ZLAB
ZLAB
+14.2% gap
ZLAB
17.1%
2.9%
AMTB
More free cash flow
AMTB
AMTB
$155.9M more FCF
AMTB
$129.2M
$-26.7M
ZLAB
Faster 2-yr revenue CAGR
ZLAB
ZLAB
Annualised
ZLAB
20.8%
10.1%
AMTB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AMTB
AMTB
ZLAB
ZLAB
Revenue
$112.2M
$127.1M
Net Profit
$2.7M
Gross Margin
51.0%
Operating Margin
1.7%
-54.6%
Net Margin
3.0%
Revenue YoY
2.9%
17.1%
Net Profit YoY
-84.0%
EPS (diluted)
$0.08
$-0.05

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
ZLAB
ZLAB
Q4 25
$112.2M
$127.1M
Q3 25
$111.4M
$115.4M
Q2 25
$110.3M
$109.1M
Q1 25
$105.4M
$105.7M
Q4 24
$87.6M
$108.5M
Q3 24
$33.3M
$101.8M
Q2 24
$98.8M
$100.1M
Q1 24
$92.5M
$87.1M
Net Profit
AMTB
AMTB
ZLAB
ZLAB
Q4 25
$2.7M
Q3 25
$14.8M
$-36.0M
Q2 25
$23.0M
$-40.7M
Q1 25
$12.0M
$-48.4M
Q4 24
$16.9M
Q3 24
$-48.2M
$-41.7M
Q2 24
$5.0M
$-80.3M
Q1 24
$10.6M
$-53.5M
Gross Margin
AMTB
AMTB
ZLAB
ZLAB
Q4 25
51.0%
Q3 25
59.5%
Q2 25
60.6%
Q1 25
63.6%
Q4 24
61.5%
Q3 24
64.1%
Q2 24
64.9%
Q1 24
61.4%
Operating Margin
AMTB
AMTB
ZLAB
ZLAB
Q4 25
1.7%
-54.6%
Q3 25
17.1%
-42.3%
Q2 25
27.0%
-50.3%
Q1 25
14.6%
-53.3%
Q4 24
20.6%
-62.6%
Q3 24
-185.8%
-66.6%
Q2 24
6.4%
-76.0%
Q1 24
14.6%
-80.7%
Net Margin
AMTB
AMTB
ZLAB
ZLAB
Q4 25
3.0%
Q3 25
13.2%
-31.2%
Q2 25
20.9%
-37.3%
Q1 25
11.3%
-45.8%
Q4 24
19.3%
Q3 24
-144.6%
-40.9%
Q2 24
5.0%
-80.2%
Q1 24
11.4%
-61.4%
EPS (diluted)
AMTB
AMTB
ZLAB
ZLAB
Q4 25
$0.08
$-0.05
Q3 25
$0.35
$-0.03
Q2 25
$0.55
$-0.04
Q1 25
$0.28
$-0.04
Q4 24
$0.53
$-0.09
Q3 24
$-1.43
$-0.04
Q2 24
$0.15
$-0.08
Q1 24
$0.31
$-0.05

Balance Sheet & Financial Strength

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

Metric
AMTB
AMTB
ZLAB
ZLAB
Cash + ST InvestmentsLiquidity on hand
$689.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$938.8M
$715.5M
Total Assets
$9.8B
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMTB
AMTB
ZLAB
ZLAB
Q4 25
$689.6M
Q3 25
$717.2M
Q2 25
$732.2M
Q1 25
$757.3M
Q4 24
$779.7M
Q3 24
$616.1M
Q2 24
$630.0M
Q1 24
$650.8M
Stockholders' Equity
AMTB
AMTB
ZLAB
ZLAB
Q4 25
$938.8M
$715.5M
Q3 25
$944.9M
$759.9M
Q2 25
$924.3M
$791.7M
Q1 25
$906.3M
$810.8M
Q4 24
$890.5M
$840.9M
Q3 24
$902.9M
$667.7M
Q2 24
$734.3M
$704.2M
Q1 24
$738.1M
$762.2M
Total Assets
AMTB
AMTB
ZLAB
ZLAB
Q4 25
$9.8B
$1.2B
Q3 25
$10.4B
$1.2B
Q2 25
$10.3B
$1.2B
Q1 25
$10.2B
$1.2B
Q4 24
$9.9B
$1.2B
Q3 24
$10.4B
$985.3M
Q2 24
$9.7B
$987.4M
Q1 24
$9.8B
$988.4M

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
ZLAB
ZLAB
Operating Cash FlowLast quarter
$137.0M
$-26.0M
Free Cash FlowOCF − Capex
$129.2M
$-26.7M
FCF MarginFCF / Revenue
115.2%
-21.0%
Capex IntensityCapex / Revenue
6.9%
0.5%
Cash ConversionOCF / Net Profit
50.71×
TTM Free Cash FlowTrailing 4 quarters
$225.2M
$-158.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMTB
AMTB
ZLAB
ZLAB
Q4 25
$137.0M
$-26.0M
Q3 25
$22.7M
$-32.0M
Q2 25
$57.6M
$-31.0M
Q1 25
$20.2M
$-61.7M
Q4 24
$82.2M
$-55.8M
Q3 24
$4.2M
$-26.8M
Q2 24
$-2.3M
$-42.2M
Q1 24
$2.8M
$-90.1M
Free Cash Flow
AMTB
AMTB
ZLAB
ZLAB
Q4 25
$129.2M
$-26.7M
Q3 25
$21.7M
$-35.0M
Q2 25
$56.3M
$-33.9M
Q1 25
$18.0M
$-63.2M
Q4 24
$74.8M
$-58.4M
Q3 24
$2.6M
$-28.2M
Q2 24
$-3.9M
$-42.9M
Q1 24
$-694.0K
$-91.1M
FCF Margin
AMTB
AMTB
ZLAB
ZLAB
Q4 25
115.2%
-21.0%
Q3 25
19.5%
-30.4%
Q2 25
51.0%
-31.1%
Q1 25
17.1%
-59.9%
Q4 24
85.3%
-53.8%
Q3 24
7.8%
-27.7%
Q2 24
-3.9%
-42.9%
Q1 24
-0.8%
-104.5%
Capex Intensity
AMTB
AMTB
ZLAB
ZLAB
Q4 25
6.9%
0.5%
Q3 25
0.9%
2.6%
Q2 25
1.2%
2.6%
Q1 25
2.1%
1.5%
Q4 24
8.4%
2.4%
Q3 24
4.8%
1.3%
Q2 24
1.5%
0.7%
Q1 24
3.8%
1.1%
Cash Conversion
AMTB
AMTB
ZLAB
ZLAB
Q4 25
50.71×
Q3 25
1.54×
Q2 25
2.50×
Q1 25
1.69×
Q4 24
4.87×
Q3 24
Q2 24
-0.47×
Q1 24
0.26×

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%

ZLAB
ZLAB

Zejula$56.0M44%
Other$21.9M17%
Nuzyra$16.0M13%
Optune$11.9M9%
XACDURO$10.7M8%
Qinlock$9.7M8%
AUGTYRO$836.0K1%

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