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 - Ordinary Shares - Class B

Simpler, smarter and easier online wealth management will help drive Amerant's ongoing growth of assets under management (AUM) Simpler, smarter and easier online wealth management will help drive Amerant's ongoing growth of assets under management (AUM)

Amerant Partners with Marstone to Offer Customer-Centric Digital Wealth Management Solutions

Acquisition Provides Direct Access to Fannie Mae, HUD/FHA, and Veterans Administration Acquisition Provides Direct Access to Fannie Mae, HUD/FHA, and Veterans Administration

Amerant Mortgage Expands its Footprint and Capabilities With the Acquisition of Idaho-based First Mortgage Company

As of late, it has definitely been a great time to be an investor of Amerant Bancorp (AMTB)

Will Amerant Bancorp (AMTB) Continue to Surge Higher?

Amerant Bancorp Inc. (AMTB) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

Amerant Bancorp Inc. (AMTB) Soars 6.3%: Is Further Upside Left in the Stock?

Amerant Bancorp Inc. (AMTB) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can Amerant Bancorp Inc. (AMTB) Run Higher on Rising Earnings Estimates?

Amerant Bancorp Inc. (AMTB) CEO Jerry Plush on Q1 2021 Results - Earnings Call Transcript

Amerant Bancorp Inc. (AMTB) delivered earnings and revenue surprises of 56.00% and 3.11%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Amerant Bancorp Inc. (AMTB) Tops Q1 Earnings and Revenue Estimates

Originated $81.5 million in Paycheck Protection Program (“PPP”) loans; Reached $2 billion in Assets Under Management (“AUM”) Originated $81.5 million in Paycheck Protection Program (“PPP”) loans; Reached $2 billion in Assets Under Management (“AUM”)

Amerant Reports First Quarter 2021 Net Income of $14.5 Million, Diluted Earnings Per Share of $0.38

CORAL GABLES, Fla., April 07, 2021 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (the “Company”), today announced it will report first quarter 2021 earnings results before the market opens on Thursday, April 29. Jerry Plush, Chief Executive Officer, and Carlos Iafigliola, Chief Financial Officer, will host a conference call that morning at 9:00 AM ET to discuss the Company's financial and operating results for the quarter.

Amerant Bancorp Inc. to Announce First Quarter 2021 Financial Results and Host Conference Call April 29, 2021

Amerant Bancorp (AMTB) announces a new share repurchase program, which is likely to enhance shareholder value.

Amerant Bancorp (AMTB) Rewards Investors With New Buyback Plan

CORAL GABLES, Fla., March 15, 2021 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (the “Company”) and its subsidiary, Amerant Bank, N.A. (the “Bank”), announced they have appointed Dolores M. Lare as an independent director of the Company and the Bank, effective April 1, 2021. Mrs. Lare will serve on the Board's Audit and Risk Committees as well.

Amerant Bancorp Appoints Dolores M. Lare as a Director

CORAL GABLES, Fla., March 10, 2021 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (the “Company” or “Amerant”) today announced that on March 10, 2021, the Company's Board of Directors (the “Board”) authorized a new share repurchase program (the “Repurchase Program”) authorizing the Company to purchase, from time to time, up to an aggregate amount of $40 million of its shares of Class B common stock (the “Class B Stock”). Repurchases under the Repurchase Program may be made in the open market, by block purchase, in privately negotiated transactions or otherwise in compliance with Rule 10b-18 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

Amerant Announces Approval of Class B Share Repurchase Program

Why Amerant Bancorp Inc. (AMTB) Might be Well Poised for a Surge

Amerant Bancorp Inc. (AMTB) Stock Jumps 6%: Will It Continue to Soar?

Amerant Bancorp (AMTB) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

How Amerant Bancorp (AMTB) Stock Stands Out in a Strong Industry

Amerant Bancorp Inc. (AMTB) CEO Millar Wilson on Q4 2020 Results - Earnings Call Transcript

Mercantil Bank Holding Corporation (AMTB) delivered earnings and revenue surprises of 68.75% and 2.89%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Mercantil Bank Holding Corporation (AMTB) Beats Q4 Earnings and Revenue Estimates

CORAL GABLES, Fla., Jan. 29, 2021 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (the “Company” or “Amerant”) today reported net income of $8.5 million in the fourth quarter of 2020, compared to net income of $1.7 million reported in the third quarter of 2020 and net income of $13.5 million reported in the fourth quarter of 2019. Net loss for the full-year 2020 was $1.7 million, compared to net income of $51.3 million for the full-year 2019. Net loss for the full-year 2020 was primarily driven by $88.6 million in provision for loan losses during the period. Operating income was $7.5 million in the fourth quarter of 2020, compared to $11.5 million in the third quarter of 2020 and $14.8 million in the fourth quarter of 2019. Operating income was $57.3 million in the full-year 2020, compared to $58.3 million in the full-year 2019.

Amerant Bancorp Inc. Reports Fourth Quarter and Full-Year Results

On Friday, January 29, Amerant Bancorp (NASDAQ:AMTB) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Amerant Bancorp Earnings Preview

New organization is a Joint Venture between the bank and a team of highly specialized residential real estate executives, with Amerant retaining majority ownership New organization is a Joint Venture between the bank and a team of highly specialized residential real estate executives, with Amerant retaining majority ownership

Amerant Launches Amerant Mortgage

Current Director Jerry Plush assumes role from Millar Wilson, who will remain as consultant and Director Current Director Jerry Plush assumes role from Millar Wilson, who will remain as consultant and Director

Amerant Bancorp Inc. Announces the Retirement of Millar Wilson and the Appointment of Gerald “Jerry” P. Plush as Vice Chairman & Chief Executive Officer

CORAL GABLES, Fla., Jan. 08, 2021 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (the “Company”), today announced it will report fourth quarter 2020 earnings results before the market opens on Friday, January 29. Millar Wilson, Chief Executive Officer, and Carlos Iafigliola, Chief Financial Officer, will host a conference call, joined by Miguel Palacios, Chief Business Officer, that morning at 9:30 AM ET to discuss the Company's financial and operating results for the quarter.

Amerant Bancorp Inc. to Announce Fourth Quarter 2020 Financial Results and Host Conference Call January 29, 2021

Moving Average Crossover Alert: Amerant Bancorp (AMTB)

CORAL GABLES, Fla., Dec. 23, 2020 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (the “Company” or “Amerant”) announced today the final results of its successful modified “Dutch auction” tender offer to purchase, for cash, up to $50.0 million of shares of its Class B common stock, $0.10 par value per share (the "Class B Common Stock"), at a price per share not less than $11.05 and not greater than $12.55, which expired at 11:59 p.m., New York City time, on December 18, 2020. As described below, the tender offer was oversubscribed and achieved the purpose of providing liquidity to the Company's shareholders while also generating value to all remaining shareholders since the accretion over tangible book value after the completion of this transaction is estimated to be $ 0.74 per share.

Amerant Bancorp Inc. Announces Final Results of its Successful Modified Dutch Auction Tender Offer

CORAL GABLES, Fla., Dec. 21, 2020 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (the “Company” or “Amerant”) announced today the preliminary results of its successful modified “Dutch auction” tender offer to purchase, for cash, up to $50.0 million of shares of its Class B common stock, $0.10 par value per share (the "Class B Common Stock"), at a price per share not less than $11.05 and not greater than $12.55, which expired at 11:59 p.m., New York City time, on December 18, 2020. As described below, the tender offer was oversubscribed.

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