Amerant Bancorp

Amerant Bancorp, Inc. operates as the bank holding company, which provides banking products and services to individuals and businesses in the United States and internationally. The firm offers a range of checking and savings accounts, certificates of deposit, and money market accounts. It also provides variable and fixed rate commercial real estate loans, loans secured by owner-occupied properties, loans to domestic and foreign individuals primarily secured by personal residence, working capital loans, asset-based lending, participations in shared national credits, purchased receivables, and small business administration loans, loans to financial institutions and acceptances, and consumer loans and overdrafts, such as automobile loans, personal loans, or loans secured by cash or securities and revolving credit card agreements. The company was founded in 1979 and is headquartered in Coral Gables, FL.

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Earnings data Q4 2024

Amerant Bancorp reports Q4 earnings, focuses on profitability and growth

Amerant Bancorp's Q4 performance reflects operational strength with notable increases in core PPNR and loan growth. The company faces challenges in managing expenses and credit issues while aiming for stable profitability in 2023.
Strategic partnerships, regulatory compliance, and sound credit quality are key strengths that position Amerant Bancorp for future success. Opportunities in non-interest income expansion and capital allocation strategies offer avenues for growth and value creation.

Amerant Bancorp reports solid Q1 performance amidst growth opportunities

Amerant Bancorp's Q1 performance reflects solid net income and asset growth, supported by strong capital ratios and prudent liquidity management. Challenges include non-interest income decline and concerns over credit charge-offs and provision expenses.
Opportunities lie in wealth management and mortgage banking for non-interest income growth, with a focus on efficiency improvements and revenue diversification. The company's leadership enhancements and strategic focus on core DDA growth position it for sustainable success.
To address challenges, Amerant Bancorp must carefully manage margin decline, operational efficiency during the FIS conversion, and expense control. By leveraging growth opportunities and mitigating risks, the company can navigate the current landscape effectively.

Amerant Bancorp reports solid Q2 earnings amidst growth strategies

Amerant Bancorp reported a strong quarter with net income of $7.3 million and a NIM of 3.83%.
The company demonstrated strong capital levels and took actions to drive deposit and loan growth.
Challenges include provision for credit losses, NIM compression, and margin compression expectations for the next quarter.
Opportunities lie in stable deposit beta, NIM improvement, and strategies for revenue growth through deposit relationships.
Emphasis on customer relationships and active expense management highlight the company's strategic focus.
Expectations for the future include stronger loan growth and potential for income stream enhancement.

Amerant Bancorp reports solid Q3 earnings amidst growth opportunities

Amerant Bancorp's Q3 performance reflects improved financial metrics, strong capital levels, and sound credit quality.
While facing challenges such as elevated expenses and margin pressures, the company is well-positioned for growth.
Opportunities lie in achieving ROA targets, deposit growth, and expense management strategies for future profitability.
Management's prudent approach to decision-making and growth strategies underpin Amerant Bancorp's financial resilience and potential.

Amerant Bancorp positions for growth in 2024 amidst challenges

Amerant Bancorp's Q4 2023 performance showcased strategic actions to position for growth in 2024, despite a diluted loss per share.
The company's strengths include financial discipline, risk reduction, and investments in growth areas like digital transformation and business development.
Challenges include managing expenses, potential rate cuts, and operational transitions, while opportunities exist in driving growth through personnel additions and strategic initiatives.
Overall, Amerant Bancorp's outlook for 2024 emphasizes stability, growth, and efficiency improvements to drive profitability and navigate market challenges.

Amerant Bancorp excels in Q1, eyes growth through Florida and international deposits

Amerant Bancorp's Q1 2024 performance reflects strategic shifts towards Florida growth, strong financial results, and improved capital positions.
While facing challenges from the Houston market exit expenses and margin pressures, the company is well-positioned to capitalize on growth opportunities.
With a focus on international deposits and shareholder value enhancement, Amerant Bancorp aims to sustain its positive momentum and drive future expansion.

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Amerant Bancorp, Inc. is a bank holding company, which engages in the provision of deposits, credit, investment, wealth management, retail banking, mortgage and fiduciary services. It offers banking services including personal, business, international, and private clients. The company was founded in 1979 and is headquartered in Coral Gables, FL.

CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (the “Company” or “Amerant”) today reported net income attributable to the Company of $5.0 million in the second quarter of 2024, or $0.15 per diluted share, compared to $10.6 million, or $0.31 per diluted share, in the first quarter of 2024. “The Company had strong loan growth in the second quarter, as well as significantly higher pre-provision net revenue, excluding the impact of previously disclosed deal charges from the.

Amerant Reports Second Quarter 2024 Results

Amerant Bancorp (AMTB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Amerant Bancorp Inc. (AMTB) Earnings Expected to Grow: Should You Buy?

New Market President joins Amerant on the heels of recently announcing its third Palm Beach banking center and regional office set to open in Q1 2025 New Market President joins Amerant on the heels of recently announcing its third Palm Beach banking center and regional office set to open in Q1 2025

AMERANT BANK NAMES JESSE FLOWERS AS PALM BEACH MARKET PRESIDENT

CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (“Amerant” or the “Company”), today announced it will release second quarter 2024 earnings results on Wednesday, July 24, 2024 after the market closes. Once released, investors may access Amerant's earnings results at https://investor.amerantbank.com by choosing “Financial Results” under the “Financials Info” heading. On Thursday, July 25, 2024, Jerry Plush, Chairman and Chief Executive Officer, and Sharymar Calderón, Execut.

Amerant Bancorp Inc. to Announce Second Quarter 2024 Financial Results and Host Conference Call

On the heels of the recent opening of a Tampa regional office and a new banking center in the Westshore district, Nursey will lead Amerant's ongoing expansion in Hillsborough County, Pinellas County and Central Florida as a whole On the heels of the recent opening of a Tampa regional office and a new banking center in the Westshore district, Nursey will lead Amerant's ongoing expansion in Hillsborough County, Pinellas County and Central Florida as a whole

AMERANT BANK NAMES INDUSTRY VETERAN MIKE NURSEY AS CENTRAL FLORIDA MARKET PRESIDENT

CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bank Donates 250 Tickets to Local Veterans and First Responders for Game 4 of Florida Panthers Playoffs.

Amerant Bank Donates 250 Tickets to Local Veterans and First Responders for Game 4 of Florida Panthers Playoffs

Amerant Bancorp Inc. (AMTB) Q1 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Amerant Bancorp (AMTB) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Amerant Bancorp (AMTB) Reports Q1 Earnings: What Key Metrics Have to Say

CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (the “Company” or “Amerant”) today reported net income attributable to the Company of $10.6 million in the first quarter of 2024, or $0.31 per diluted share, compared to a net loss attributable to the Company of $17.1 million, or $0.51 per diluted share, in the fourth quarter of 2023. “We continued to invest in our future in the first quarter of 2024, opening new locations in Tampa and Ft. Lauderdale, while adding 12 new tea.

Amerant Reports First Quarter 2024 Results

OKLAHOMA CITY--(BUSINESS WIRE)--MidFirst Bank ("MidFirst" or the “Company”), the largest privately owned bank in the nation, has entered into a definitive agreement to acquire the Houston, Texas banking locations of Amerant Bank, the main subsidiary of Amerant Bancorp Inc. (NYSE: AMTB). Upon closing expected later this year, MidFirst will add six Amerant Bank locations to the Company's footprint and will gain Amerant's Houston client relationships totaling approximately $576 million in deposits.

MidFirst Bank to Acquire Houston Banking Locations of Amerant Bank

CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (“Amerant” or the “Company”) today announced that its wholly owned subsidiary, Amerant Bank, N.A., entered into a definitive purchase and assumption agreement under which MidFirst Bank, based in Oklahoma City, Oklahoma, will acquire Amerant Bank's banking operations and six branches in the Houston, Texas metropolitan area. The transaction includes approximately $576 million of deposits and $529 million in loans. “As part of.

Amerant Bancorp Inc. Announces Sale of Texas Operations

Earnings Preview: Amerant Bancorp Inc. (AMTB) Q1 Earnings Expected to Decline

NHL superstar will be featured in expansive marketing campaign to promote Amerant Bank's new co-branded Florida Panthers Debit Card CORAL GABLES, Fla. , April 11, 2024 /PRNewswire/ -- Amerant Bank, the largest community bank headquartered in Florida, today announced it has entered into a brand partnership featuring Florida Panthers star Matthew Tkachuk, one of the NHL's top players.

AMERANT BANK ANNOUNCES BRAND PARTNERSHIP WITH FLORIDA PANTHERS STAR MATTHEW TKACHUK

CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (“Amerant” or the “Company”), today announced it will release first quarter 2024 earnings results on Wednesday, April 24, 2024 after the market closes. Once released, investors may access Amerant's earnings results at https://investor.amerantbank.com by choosing “Financial Results” under the “Financials Info” heading. On Thursday, April 25, 2024, Jerry Plush, Chairman and Chief Executive Officer, and Sharymar Calderón, Execu.

Amerant Bancorp Inc. to Announce First Quarter 2024 Financial Results and Host Conference Call

FT. LAUDERDALE, FL, March 05, 2024 (GLOBE NEWSWIRE) -- Amerant Bank, the largest community bank headquartered in Florida, today opened its new banking center on Las Olas Blvd in Ft. Lauderdale, FL, marking another significant step in the bank's strategic expansion across South Florida by expanding its footprint in Broward County.

AMERANT BANK EXPANDS FOOTPRINT IN BROWARD COUNTY WITH THE OPENING OF NEW LAS OLAS BANKING CENTER IN GREATER FT. LAUDERDALE

The partnership offers Amerant advisors and HNW clients access to a broad private market menu along with iCapital's technology and comprehensive solutions The partnership offers Amerant advisors and HNW clients access to a broad private market menu along with iCapital's technology and comprehensive solutions

Amerant Investments Partners with iCapital to Expand US and LATAM Access to Alternative Investment Opportunities

Located in the region's largest commercial office district – Amerant will also open its new Tampa regional office in Q1 of 2024 Located in the region's largest commercial office district – Amerant will also open its new Tampa regional office in Q1 of 2024

AMERANT BANK OPENS FIRST BANKING CENTER IN THE GREATER TAMPA AREA

$120 million loan secures acquisition of Fresco y Más to acquire stores and locations from Southeastern Grocers Inc. $120 million loan secures acquisition of Fresco y Más to acquire stores and locations from Southeastern Grocers Inc.

AMERANT BANK PROVIDES FINANCING TO FRESCO RETAIL GROUP, LLC FOR THE ACQUISITION OF FRESCO Y MÁS OPERATIONS AND LOCATIONS

Amerant Bancorp Inc. (AMTB) Q4 2023 Earnings Call Transcript

The headline numbers for Amerant Bancorp Inc. (AMTB) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Amerant Bancorp Inc. (AMTB) Q4 Earnings: A Look at Key Metrics

CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (the “Company” or “Amerant”) today reported a net loss attributable to the Company of $17.1 million in the fourth quarter of 2023, or $0.51 per diluted share. Net income attributable to the Company was $32.5 million for the full-year 2023, or $0.96 per diluted share. “Strong organic loan and deposit growth were among the highlights of the quarter,” stated Jerry Plush, Chairman and CEO. “We completed our long-awaited conversi.

Amerant Reports Fourth Quarter 2023 and Full-Year 2023 Results

Besides Wall Street's top -and-bottom-line estimates for Amerant Bancorp Inc. (AMTB), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.

Amerant Bancorp Inc. (AMTB) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Amerant Bancorp Inc. (AMTB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Amerant Bancorp Inc. (AMTB) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (“Amerant” or the “Company”), today announced it will release fourth quarter 2023 earnings results on Wednesday, January 24, 2024 after the market closes. Once released, investors may access Amerant's earnings results at https://investor.amerantbank.com by choosing “Financial Results” under the “Financials Info” heading. On Thursday, January 25, 2024, Jerry Plush, Chairman and Chief Executive Officer, and Sharymar Calderón,.

Amerant Bancorp Inc. to Announce Fourth Quarter 2023 Financial Results and Host Conference Call

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