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.

Amerant Bancorp Inc. (AMTB) Q3 2023 Earnings Call Transcript

Amerant Bancorp Inc. (AMTB) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.63 per share a year ago.

Amerant Bancorp Inc. (AMTB) Tops Q3 Earnings and Revenue Estimates

The headline numbers for Amerant Bancorp Inc. (AMTB) give insight into how the company performed in the quarter ended September 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) Q3 Earnings: A Look at Key Metrics

Board of Directors Declares Quarterly Cash Dividend of $0.09 per Common Share Board of Directors Declares Quarterly Cash Dividend of $0.09 per Common Share

Amerant Reports Third Quarter 2023 Results

CORAL GABLES, Fla., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NYSE: AMTB) (the “Company”), issues a correction of the press release that was sent out at 4:00PM ET on September 29, 2023. The correction refers to the fact that the date of the conference call should have been Friday, October 20, 2023.

Amerant Bancorp Inc. Announces Date Correction on Third Quarter 2023 Conference Call

Amerant Bancorp Inc - Ordinary Shares - Class B

CORAL GABLES, Fla., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NYSE: AMTB) (the “Company”), today announced it will release third quarter 2023 earnings results on Thursday, October 19, 2023 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.

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

Amerant Bank moves up the ranking to number 48 among 100 U.S. companies recognized for outstanding employee sentiment and satisfaction Amerant Bank moves up the ranking to number 48 among 100 U.S. companies recognized for outstanding employee sentiment and satisfaction

Amerant Bank Ranked on Newsweek's List of the Top 100 Most Loved Workplaces® for 2023 for the Second Year

Broward County Premier Hockey & Entertainment Venue Becomes Amerant Bank Arena Broward County Premier Hockey & Entertainment Venue Becomes Amerant Bank Arena

Florida Panthers Announce Arena Naming Rights Agreement with Amerant Bank

Bank commits to office lease at Cornerstone One office building in Plantation, FL, furthering Amerant's reach across the whole of Southern Florida Bank commits to office lease at Cornerstone One office building in Plantation, FL, furthering Amerant's reach across the whole of Southern Florida

Amerant Bank Announces New Broward County Regional Headquarters

Bridgewater Bancshares

Cullen/Frost Bankers

AMTB, BWB and CFR have been added to the Zacks Rank #5 (Strong Sell) List on August 31, 2023.

New Strong Sell Stocks for August 31st

CORAL GABLES, Fla., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB) (the “Company” or “Amerant”) announced today that it is transferring the listing of its common stock to the New York Stock Exchange (“NYSE”) from the Nasdaq Stock Market LLC (“Nasdaq”).

Amerant Bancorp Announces Transfer of Listing of Common Stock to the New York Stock Exchange

Amerant Bancorp Inc. (NASDAQ:AMTB ) Q2 2023 Earnings Conference Call July 21, 2023 9:00 AM ET Company Participants Laura Rossi - Head of IR and Sustainability Jerry Plush - Chairman and CEO Sharymar Calderon - EVP and CFO Conference Call Participants Michael Rose - Raymond James Graham Dick - Piper Sandler Brady Gailey - KBW Feddie Strickland - Janney Montgomery Scott Research Division Matt Olney - Stephens Operator Good day and thank you for standing by. Welcome to Amerant Bancorp Second Quarter 2023 Earnings Conference Call.

Amerant Bancorp Inc. (AMTB) Q2 2023 Earnings Call Transcript

Amerant Bancorp Inc. (AMTB) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.45 per share a year ago.

Amerant Bancorp Inc. (AMTB) Q2 Earnings and Revenues Surpass Estimates

While the top- and bottom-line numbers for Amerant Bancorp Inc. (AMTB) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Amerant Bancorp Inc. (AMTB) Reports Q2 Earnings: What Key Metrics Have to Say

Amerant Reports Second Quarter 2023 Results

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.

Analysts Estimate Amerant Bancorp Inc. (AMTB) to Report a Decline in Earnings: What to Look Out for

CORAL GABLES, Fla., July 05, 2023 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB) (the “Company”), today announced it will release second quarter 2023 earnings results on Thursday, July 20, 2023 after the market closes. Once released, investors may access Amerant's earnings results at https://investor.amerantbank.com by choosing “Quarterly Results” under the “Financials” heading.

Amerant Bancorp Inc. to Announce Second Quarter 2023 Financial Results And Host Conference Call

Collaboration aims to amplify financial literacy in South Florida's underserved communities Collaboration aims to amplify financial literacy in South Florida's underserved communities

AMERANT BANK PARTNERS WITH OVERTOWN YOUTH CENTER

Comprehensive partnership includes co-branded affinity cards and other prominent branding opportunities Comprehensive partnership includes co-branded affinity cards and other prominent branding opportunities

AMERANT BANK NAMED THE OFFICIAL BANK OF RICE UNIVERSITY ATHLETICS

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA affirms the senior unsecured debt rating of BBB- and the short-term debt rating of K3 for Coral Gables, Florida-based Amerant Bancorp Inc. (NASDAQ: AMTB) (“the company”). In addition, KBRA affirms the deposit and senior unsecured debt ratings of BBB, the subordinated debt rating of BBB-, and the short-term deposit and debt rat- ings of K3 for its subsidiary, Amerant Bank, N.A. ("the bank"). The Outlook for all long-term ratings is revised to Stable from Positive.

KBRA Affirms Ratings for Amerant Bancorp Inc.

Promotion demonstrates the strength of hiring and development underway at Amerant Promotion demonstrates the strength of hiring and development underway at Amerant

Amerant Bancorp Inc. Appoints Sharymar Calderón as Chief Financial Officer

Amerant Bancorp Inc. (AMTB) Q1 2023 Earnings Call Transcript.

Amerant Bancorp Inc. (AMTB) Q1 2023 Earnings Call Transcript

Finwise Bancorp

Petroleo Brasileiro

AMTB, PBR and FINW have been added to the Zacks Rank #5 (Strong Sell) List on April 21, 2023.

New Strong Sell Stocks for April 21st

Amerant Bancorp Inc. (AMTB) came out with quarterly earnings of $0.59 per share, missing the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.63 per share a year ago.

News for Amerant Bancorp Stock (AMTB)