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Amerant Bancorp Inc.

$29.57Last updated
+$0.27 (0.92%)Past day
Timezone

Amerant Bancorp Inc. (NYSE: AMTB) is trading at $29.57, about ₹2,836 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 0.92% today. Indian residents can buy Amerant Bancorp from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$29.76
Previous close:$29.30
Volume:330.30K

Today's low

$29.26

Today's high

$29.76

52 week low

$15.62

52 week high

$30.60

AMTB opened at $29.76, closed previously at $29.30, and has traded between $15.62 and $30.60 over the past 52 weeks.

About

Amerant Bancorp Inc. operates as the bank holding company for Amerant Bank, N.A. that provides banking products and services to individuals and businesses in the United States. The company offers checking, savings, business, and money market accounts; cash management services; and certificates of deposit. It also provides variable and fixed rate commercial real estate loans; owner-occupied; single-family residential; commercial; and Loans to financial institutions and acceptances, and consumer loans and overdrafts, such as automobile, personal, or loans secured by cash or securities and revolving credit card agreements. In addition, the company offers trust and estate planning products and services to high net worth customers; brokerage and investment advisory services in global capital markets; retail banking; mortgage; and wealth management and fiduciary services. Further, the company provides debit and credit cards, night depositories, direct deposits, cashier’s checks, safe deposit boxes, letters of credit, wire transfer, remote deposit capture, and automated clearinghouse services; derivative instruments; and online and mobile banking, account balances, statements and other documents, online transfers and bill payment, and electronic delivery of customer statements services, as well as automated teller machines ATM, and banking by mobile devices, telephone, and mail. It also operates banking centers. The company was formerly known as Mercantil Bank Holding Corporation and changed its name to Amerant Bancorp Inc. in June 2019. Amerant Bancorp Inc. was founded in 1979 and is headquartered in Coral Gables, Florida.

Country
US
CEO
Carlos Iafigliola
Exchange listed on
NYSE
Industry
Banks - Regional
Base currency
USD
Full Time Employees
694
Sector
Financial Services
IPO date
18/10/2018

Key statistics

Avg. volume

349.29K

Market cap

$1.16B

P/E Ratio

21.18

Price-to-sales ratio

2.04

Enterprise value

$2.03B

Free cash flow yield

28.41%

Debt-to-equity ratio

1.00

Return on equity

6.62%

ROIC

3.17%

Beta

0.83

Dividend yield

1.22%

Last dividend

$0.36

Financial overview

Revenue

$655.25M

Earnings per share

$1.26

Free cash flow

$97.96M

Net profit margin

10.80%

Gross margin

65.04%

EBITDA

$70.77M

Revenue growth

13.97%

Similar securities

This is not an investment recommendation

How to buy Amerant Bancorp from India

Indian residents can buy Amerant Bancorp shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.

  3. Search for Amerant Bancorp and place an order

    Find Amerant Bancorp by name or by its ticker, AMTB, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Amerant Bancorp trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Amerant Bancorp position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.

Read the full guide: how to invest in Amerant Bancorp from India

Trading and taxes when buying Amerant Bancorp from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Amerant Bancorp’s current yield is 1.22%.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy Amerant Bancorp stock?

Yes. Amerant Bancorp (AMTB) has been listed on the New York Stock Exchange since 2018, in the Banks - Regional industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one Amerant Bancorp share cost in rupees?

One Amerant Bancorp share is $29.57 — about ₹2,836 at a USD/INR rate of 95.92 on 25 Sep 2026. Both the Amerant Bancorp price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying Amerant Bancorp from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

Can I buy whole shares of Amerant Bancorp?

Yes. One Amerant Bancorp share is $29.57, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Amerant Bancorp.

How are gains on Amerant Bancorp shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Amerant Bancorp price. Paasa issues a capital-gains statement for your return.

Does Amerant Bancorp pay a dividend, and how is it taxed in India?

Yes. Amerant Bancorp pays a dividend and the current yield is 1.22%; the last declared dividend was $0.36 per share, about ₹34.53. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.

When can I trade Amerant Bancorp from India?

The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

Is there estate or inheritance tax on Amerant Bancorp shares held from India?

US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

Do I have to declare Amerant Bancorp shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Amerant Bancorp holding, its cost and its closing value.

How do I sell Amerant Bancorp and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.