Amerant Bancorp Inc. to Announce Third Quarter 2022 Financial Results and Host Conference Call
- CORAL GABLES, Fla., Oct. 04, 2022 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB) (the “Company”), today announced it will release third quarter 2022 earnings results on Thursday, October 20t h, 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.
- 10/04/2022
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Amerant Bancorp Inc. to Announce Second Quarter 2022 Financial Results and Host Conference Call
- CORAL GABLES, Fla., July 11, 2022 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB) (the “Company”), today announced it will release second quarter 2022 earnings results on Wednesday, July 20t h, 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.
- 07/11/2022
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Amerant Bancorp (AMTB) Stock: Why The Price Went Up
- The stock price of Amerant Bancorp Inc (NASDAQ: AMTB) increased by 5.5% in the most recent trading session. This is why it happened.
- 02/02/2022
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Amerant Bancorp (AMTB) CEO Jerry Plush on Q4 2021 Results - Earnings Call Transcript
- Amerant Bancorp (AMTB) CEO Jerry Plush on Q4 2021 Results - Earnings Call Transcript
- 01/20/2022
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Amerant Bancorp Inc. (AMTB) Earnings Expected to Grow: Should You Buy?
- 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.
- 01/13/2022
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Amerant Bancorp Inc. (AMTB) CEO Jerry Plush on Q3 2021 Results - Earnings Call Transcript
- Amerant Bancorp Inc. (AMTB) CEO Jerry Plush on Q3 2021 Results - Earnings Call Transcript
- 10/21/2021
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Amerant Bank Furthers its Digital Offerings With Fintechs Alloy and Q2
- MIAMI, Oct. 18, 2021 /PRNewswire/ -- Amerant Bank, one of the largest community banks headquartered in Florida, announces that it has selected leading fintechs, Alloy and Q2 to further enhance its digital offerings. The combination of the two platforms makes opening new accounts and switching direct deposits and automatic payments a faster, safer and more efficient process.
- 10/18/2021
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Amerant Bancorp Inc. (AMTB) Earnings Expected to Grow: Should You Buy?
- 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.
- 10/14/2021
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Amerant Bancorp Inc. to Announce Third Quarter 2021 Financial Results and Host Conference Call October 21, 2021
- CORAL GABLES, Fla., Oct. 01, 2021 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (the “Company”), today announced it will report third quarter 2021 earnings results before the market opens on Thursday, October 21. 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.
- 10/01/2021
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Amerant Bancorp Inc. (AMTB) CEO Jerry Plush on Q2 2021 Results - Earnings Call Transcript
- Amerant Bancorp Inc. (AMTB) CEO Jerry Plush on Q2 2021 Results - Earnings Call Transcript
- 07/22/2021
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Amerant Bancorp Inc. (AMTB) Beats Q2 Earnings and Revenue Estimates
- Amerant Bancorp Inc. (AMTB) delivered earnings and revenue surprises of 30.77% and 5.67%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 07/21/2021
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Amerant Bancorp Inc. (AMTB) Earnings Expected to Grow: Should You Buy?
- Amerant Bancorp Inc. (AMTB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/15/2021
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Amerant Bancorp Inc. to Announce Second Quarter 2021 Financial Results and Host Conference Call July 22, 2021
- CORAL GABLES, Fla., July 02, 2021 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (the “Company”), today announced it will report second quarter 2021 earnings results before the market opens on Thursday, July 22. 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.
- 07/02/2021
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Will Amerant Bancorp (AMTB) Continue to Surge Higher?
- As of late, it has definitely been a great time to be an investor of Amerant Bancorp (AMTB)
- 05/20/2021
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Amerant Bancorp Inc. (AMTB) Soars 6.3%: Is Further Upside Left in the Stock?
- 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.
- 05/17/2021
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Can Amerant Bancorp Inc. (AMTB) Run Higher on Rising Earnings Estimates?
- Amerant Bancorp Inc. (AMTB) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 05/12/2021
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Amerant Bancorp Inc. (AMTB) CEO Jerry Plush on Q1 2021 Results - Earnings Call Transcript
- Amerant Bancorp Inc. (AMTB) CEO Jerry Plush on Q1 2021 Results - Earnings Call Transcript
- 05/01/2021
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Amerant Bancorp Inc. (AMTB) Tops Q1 Earnings and Revenue Estimates
- 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?
- 04/28/2021
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Amerant Bancorp Inc. to Announce First Quarter 2021 Financial Results and Host Conference Call April 29, 2021
- 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.
- 04/07/2021
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Amerant Announces Approval of Class B Share Repurchase Program
- 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”).
- 03/10/2021
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Amerant Bancorp Inc. (AMTB) Stock Jumps 6%: Will It Continue to Soar?
- 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.
- 03/04/2021
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How Amerant Bancorp (AMTB) Stock Stands Out in a Strong Industry
- Amerant Bancorp (AMTB) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 03/02/2021
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Amerant Bancorp Inc. (AMTB) CEO Millar Wilson on Q4 2020 Results - Earnings Call Transcript
- Amerant Bancorp Inc. (AMTB) CEO Millar Wilson on Q4 2020 Results - Earnings Call Transcript
- 01/29/2021
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Amerant Bancorp Inc. Reports Fourth Quarter and Full-Year Results
- 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.
- 01/29/2021
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Amerant Bancorp Earnings Preview
- 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.
- 01/28/2021
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Amerant Launches Amerant Mortgage
- 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
- 01/26/2021
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Amerant Bancorp Inc. Announces the Retirement of Millar Wilson and the Appointment of Gerald “Jerry” P. Plush as Vice Chairman & Chief Executive Officer
- 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
- 01/21/2021
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Amerant Bancorp Inc. to Announce Fourth Quarter 2020 Financial Results and Host Conference Call January 29, 2021
- 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.
- 01/08/2021
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Moving Average Crossover Alert: Amerant Bancorp (AMTB)
- Moving Average Crossover Alert: Amerant Bancorp (AMTB)
- 01/08/2021
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Amerant Bancorp Inc. Announces Final Results of its Successful Modified Dutch Auction Tender Offer
- 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.
- 12/23/2020
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Amerant Bancorp's (NASDAQ:AMTB) Shareholders Are Down 30% On Their Shares
- Passive investing in an index fund is a good way to ensure your own returns roughly match the overall market. But if...
- 07/30/2020
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Amerant Bancorp Inc. (AMTB) CEO Millar Wilson on Q2 2020 Results - Earnings Call Transcript
- Amerant Bancorp Inc. (NASDAQ:AMTB) Q2 2020 Earnings Conference Call July 24, 2020 09:30 AM ET Company Participants Laura Rossi - Investor Relations Officer Millar Wilson - Chief Executive Officer Carlos Iafigliola - Chief Financial Officer Miguel Palacios - Chief Business Officer Thiel Fischer - Credit Risk Manager Conference Call Participants Michael Rose - Raymond James Michael Young - SunTrust Brady Gailey - KBW Presentation Operator Good morning, ladies and gentlemen, and welcome to the Amerant Second Quarter 2020 Earnings Conference Call.
- 07/24/2020
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Amerant Bancorp Inc. 2020 Q2 - Results - Earnings Call Presentation
- The following slide deck was published by Amerant Bancorp Inc. in conjunction with their 2020 Q2 earnings call..
- 07/24/2020
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Amerant Bancorp Inc. Reports Second Quarter Results and Business Updates Related to Covid-19 Pandemic
- CORAL GABLES, Fla., July 24, 2020 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (the “Company” or “Amerant”) today reported second quarter of 2020 net loss of $15.3 million, compared to net income of $3.4 million reported in the first quarter and net income of $12.9 million reported in the three months ended June 30, 2019. Net loss for the six months ended June 30, 2020 was $11.9 million, compared to net income of $25.9 million reported in the six months ended June 30, 2019. Net loss per share was $0.37 in the second quarter of 2020, compared to $0.08 net income per diluted share in the first quarter of 2020, and $0.30 net income per diluted share in the second quarter of 2019. Net loss per share for the six months ended June 30, 2020 was $0.28, compared to $0.60 net income per diluted share for the six months ended June 30, 2019. Operating income was $21.6 million in the second quarter of 2020, up 29.7% from $16.7 million in the first quarter of 2020, and up 53.8% from $14.0 million in the same period of 2019. Operating income was $38.3 million for the six months ended June 30, 2020, up 24.7% from $30.7 million in the six months ended June 30, 2019. Annualized return on assets (“ROA”) and return on equity (“ROE”) were negative 0.75% and 7.21%, respectively, in the second quarter of 2020, compared to positive 0.17% and 1.61%, respectively, in the first quarter of 2020, and positive 0.66% and 6.56%, respectively, in the second quarter of 2019. ROA and ROE for the first six months of 2020 were negative 0.3% and 2.82%, respectively, compared to positive 0.66% and 6.76%, respectively, for the first six months of 2019.Millar Wilson, Vice Chairman and Chief Executive Officer, said, “During the second quarter, we remained focused on driving excellence across our business, underscored by significant operating income, as we continue to navigate the unprecedented circumstances related to the COVID-19 pandemic. We continue to run our business while protecting the safety and well-being of our employees and customers. We bolstered our credit reserves to near-historic high coverage levels and continued to manage our balance sheet for long term success, selling select investment securities at attractive prices to help compensate for earnings declines associated with the current interest rate environment and incremental allowance for loan losses. Of note, in the second quarter we realized a gain of $7.5 million on the sale of 30-year Treasury securities, which we purchased in the first quarter of 2020 as a prepayment mitigation strategy.”Mr. Wilson continued, “In the second quarter, we were excited to see our relationship-driven strategy and the hard work of our team pay-off. We had a surge in our domestic deposits and were pleased to see that our foreign deposits even increased slightly compared to the first quarter of 2020. Moreover, during the second quarter we demonstrated the strength of our funding sources through the sale of our $60 million investment grade-rated senior notes. With this funding, we have $217.3 million in cash and cash equivalents as of the end of the second quarter which puts Amerant in a strong position to continue to navigate the current environment. Simultaneously, we continued implementing several COVID-19-related initiatives for the benefit of the Company’s customers and local communities, deepening our customer relationships, and decisively moving forward with our digital transformation and other efficiency initiatives, including launching our new Amerant Investments Mobile application.”Mr. Wilson concluded, “Finally, in the second quarter, we were pleased to continue supporting our communities by providing over 2,000 PPP loans, totaling over $200 million. We are proud to have helped local small businesses retain employees and keep their doors open, and excited that we developed new customer relationships along the way. I am proud of the entire Amerant team for staying close to our customers and their unwavering commitment to driving our business forward, bonded by our reinvigorated mission, vision and values. Even during these unprecedented times, Amerant remains well-positioned to serve customers and create value for shareholders.”Summary ResultsThe summary results of the second quarter ended June 30, 2020 include: * Net loss of $15.3 million, compared to net income of $3.4 million in the first quarter of 2020 and net income of $12.9 million in the same period of 2019. The net loss compared to net income in the first quarter of 2020 was primarily due to higher provision for loan losses and lower net interest income in the second quarter of 2020, offset by lower non-interest expenses. The net loss compared to net income in the same quarter last year was primarily due to higher provision for loan losses in the second quarter of 2020 and lower net interest income, offset by higher non-interest income and lower non-interest expenses. Operating income, which excludes provision for income tax, provision for loan losses or reversals and net gains on securities, increased to $21.6 million, up 29.7% from $16.7 million in the first quarter of 2020, and up 53.8% from $14.0 million in the same period of 2019. * Net interest income (“NII”) was $46.3 million, down 5.9% from $49.2 million in the first quarter of 2020, and down 13.9% from $53.8 million in the same period of 2019. Lower NII versus the first quarter of 2020 is mainly due to a full quarter of lower market rates on variable-rate loans following the emergency rate cuts implemented by the Federal Reserve during March 2020, partially offset by higher average loan balances and lower deposit and professional funding costs. Compared to the second quarter 2019, lower NII in the second quarter of 2020 is attributed to a decline in average yields on interest-earning assets, partially offset by higher average interest-earning asset balances and lower deposit and professional funding costs. Net interest margin (“NIM”) was 2.44% in the second quarter of 2020, down from 2.65% and 2.92% in the first quarter of 2020 and the second quarter 2019, respectively. * Credit quality remained sound and reserve coverage is strong despite recent developments associated with one large loan relationship. The Company continues to closely monitor the performance of its loan portfolio estimated to be impacted by the decline in business activity associated with the COVID-19 pandemic, and continues refining its estimated probable loss assumptions. The Company recorded a provision for loan losses of $48.6 million during the second quarter of 2020, compared to the provision of $22.0 million recorded in the first quarter of 2020. As a result, the Company increased its allowance for loan losses (“ALL”) to $119.7 million during the second quarter of 2020, compared to $72.9 million during the first quarter of 2020. In the second quarter of 2019, the Company released $1.4 million from the ALL. The ratio of the ALL to total loans was 2.04% as of June 30, 2020, up from 1.29% in the first quarter of 2020 and up from 0.99% in the same period last year. In the second quarter of 2020, the ratio of loan charge-offs to average total loans remained at a low level of 0.13%, up from 0.09% in the first quarter of 2020, and up from 0.11% in the second quarter of 2019. * Noninterest income was $19.8 million, down 9.8% from $21.9 million in the first quarter of 2020, and up 39.6% from $14.1 million in the same period of 2019. The decrease from the first quarter of 2020 was due to $1.7 million less in net gains on the sale of debt securities, which was $7.5 million in the second quarter of 2020 compared to $9.2 million in the first quarter of 2020, partially offset by higher derivative income. The increase over the same quarter of 2019 was primarily due to the absence of net gains on the sale of securities in that period. * Noninterest expense was $36.7 million, down 18.1% from $44.9 million in the first quarter of 2020, and down 30.6% from $52.9 million in the second quarter of 2019. The quarter-over-quarter decline in noninterest expense was mainly driven by lower salaries and employee benefit expenses attributed to the deferral of direct origination costs associated with the Small Business Administration (“SBA”)’s Paycheck Protection Program ("PPP") loans funded this quarter. Non-refundable loan origination fees, net of direct costs of originating loans, are deferred and amortized over the term of the related loans as adjustments to interest income in accordance with generally accepted accounting principles (GAAP). Additionally, lower other operating expenses contributed to the decline in noninterest expense, partially offset by higher professional and other services fees. The year-over-year decline also resulted mainly from lower salaries and employee benefit expenses, and lower restructuring costs in the second quarter of 2020 related to Amerant’s transformation efforts. Adjusted noninterest expense was $35.4 million in the second quarter of 2020, down 20.4% from $44.5 million in the first quarter of 2020, and down 29.4% from $50.2 million in the second quarter of 2019. Adjusted noninterest expense in the second quarter of 2020 excludes $1.3 million in restructuring expenses, compared to $0.4 million in the first quarter of 2020 and $2.7 million in the same quarter last year. * The efficiency ratio was 55.6% (53.6% adjusted for restructuring expenses), compared to 63.1% (62.6% adjusted for restructuring expenses) during the first quarter of 2020, and 77.9% (73.8% adjusted for restructuring expenses) for the corresponding period of 2019. These improvements in the second quarter of 2020 are mainly attributed to the lower noninterest expenses driven by the deferral of origination costs associated with PPP loans, as previously explained.
- 07/24/2020
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Amerant Bancorp Inc. to Announce Second Quarter 2020 Financial Results and Host Conference Call July 24, 2020
- CORAL GABLES, Fla. , July 10, 2020 -- Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (the “Company”), today announced it will report second quarter 2020 earnings results before.
- 07/10/2020
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Amerant Bancorp Inc. Announces Closing of $60.0 Million Senior Notes Offering
- AMERANT BANCORP INC. (NASDAQ:AMTB and AMTBB) (the “Company”) today announced the closing of its previously announced registered offering of senior notes due 2025 (the "Notes"). Due to the incremental demand for the Notes, the Company increased the size of its offering to an aggregate principal amount of $60.0 million of Notes. The Notes are unsecured and unsubordinated, and rank equally with all of the Company’s existing and future unsecured and unsubordinated indebtedness.
- 06/23/2020
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AMERANT BANCORP INC. Announces Pricing of Senior Notes Offering
- AMERANT BANCORP INC. (NASDAQ:AMTB and AMTBB) (the “Company”) today announced the pricing of its previously announced registered offering of senior notes due 2025 (the "Notes"). The Notes will be unsecured and unsubordinated, and will rank equally with all of the Company’s existing and future unsecured and unsubordinated indebtedness. The Notes will be fully and unconditionally guaranteed by the Company’s wholly-owned subsidiary, Amerant Florida Bancorp Inc. The Notes will mature on June 30, 2025.
- 06/17/2020
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Amerant Bancorp Inc. Announces Offering of Senior Notes Due 2025
- AMERANT BANCORP INC. (NASDAQ:AMTB and AMTBB) (the “Company”) today announced the commencement of a registered public offering of senior notes due 2025 (the “Notes”). The Notes will be unsecured and unsubordinated will rank equally with all of the Company’s existing and future unsecured and unsubordinated indebtedness. The Notes will be fully and unconditionally guaranteed by the Company’s wholly-owned subsidiary, Amerant Florida Bancorp Inc. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
- 06/16/2020
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Amerant Bancorp Announces Carlos Iafigliola as Chief Financial Officer
- Amerant Bancorp Inc. (NASDAQ:AMTB and AMTBB) announced today that Carlos Iafigliola has been named Executive Vice President and Chief Financial Officer (CFO). Mr. Iafigliola has served as interim CFO since March 16, 2020 and has been with Amerant since 2004. Prior to being appointed interim CFO, Mr. Iafigliola served in various management positions, including Senior Vice President and Treasury Manager since 2015.
- 05/18/2020
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Amerant Bancorp Inc. Changes Its Annual Meeting of Shareholders to a Virtual Only Format
- Amerant Bancorp Inc. (NASDAQ:AMTB and AMTBB) (the “Company” or “Amerant”) today announced a change in the location of the 2020 Annual Meeting of Shareholders. Please be advised that the Notice of Internet Availability of Proxy Materials and the proxy card or voting instructions previously distributed will not be updated to reflect the change to a virtual only format. To login to the virtual meeting, you have two options: Join as a “Guest” or join as a “Shareholder”.
- 05/11/2020
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Amerant Bancorp Inc. (AMTB) CEO Millar Wilson on Q1 2020 Results - Earnings Call Transcript
- Amerant Bancorp Inc. (NASDAQ:AMTB) Q1 2020 Results Earnings Conference Call April 28, 2020, 9:30 am ET Company Participants Laura Rossi - Investor Relations Off
- 04/28/2020
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Amerant Bancorp Inc. Reports First Quarter Results and Provides Business Update Impact From COVID-19 Pandemic
- CORAL GABLES, Fla., April 28, 2020 -- Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (the “Company” or “Amerant”) today reported first quarter 2020 net income of $3.4 million,.
- 04/28/2020
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AMERANT BANCORP INC. TO ANNOUNCE FIRST QUARTER 2020 FINANCIAL RESULTS AND HOST CONFERENCE CALL APRIL 28, 2020
- CORAL GABLES, Fla., April 10, 2020 -- Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (the “Company”), today announced it will report first quarter 2020 earnings results before.
- 04/10/2020
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AMERANT ANNOUNCES MEASURES TO SUPPORT CUSTOMERS, COMMUNITY DURING COVID-19 OUTBREAK
- Amerant, the largest community bank headquartered in Florida, will be taking a variety of measures to further support its customers during the current COVID-19 outbreak. “As we strive to support both customers and the communities in which we operate, we are looking at how to best provide tangible, meaningful support,” said Millar Wilson, Vice Chairman and CEO of Amerant. Amerant has operated for over 40 years with 27 banking centers – 19 in South Florida, 8 in the Houston, Texas area, and loan production offices in Dallas and New York.
- 03/26/2020
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Amerant Bancorp Announces the Resignation of CFO Alberto Peraza and Appointment of Carlos Iafigliola as Interim CFO
- Amerant Bancorp Inc. (NASDAQ:AMTB and AMTBB) (the “Company”) announced today that Alberto Peraza has resigned as the Company’s Co-President and Chief Financial Officer, effective March 16, 2020, to pursue other interests. During this time, Mr. Peraza will continue in his position through the filing of the Company’s 2019 Annual Report on Form 10-K. After that date, he will serve as an advisor to the Company through April 28, 2020 to assist with transition efforts. Amerant has appointed Carlos Iafigliola, currently the Company’s head of Treasury, as interim Chief Financial Officer, effective March 16, 2020.
- 03/04/2020
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Amerant Bancorp Inc. Reports Fourth Quarter and Full-Year Results
- 2019 Full-Year Net Income Up 12.0% Compared to 2018 Fourth Quarter Net Income Down 6.6% Compared to Last Year CORAL GABLES, Fla., Jan. 30, 2020 -- Amerant Bancorp Inc..
- 01/30/2020
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Amerant Bancorp Inc. to Announce Fourth Quarter 2019 Financial Results and Host Conference Call January 30, 2020
- CORAL GABLES, Fla., Jan. 13, 2020 -- Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (the “Company”), today announced it will report fourth quarter 2019 earnings results before.
- 01/13/2020
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Amerant Announces Redemption of $26.8 Million of Trust Preferred Securities
- CORAL GABLES, Fla., Dec. 31, 2019 -- Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (the “Company”) announced today that it has called for redemption of all $26.8 million of its.
- 12/31/2019
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Amerant Announces Filing of $200 Million Shelf Registration Statement
- Amerant Bancorp Inc. (NASDAQ:AMTB and AMTBB) (the “Company”) announced today the filing with the Securities and Exchange Commission ("SEC") of a $200 million shelf registration statement on Form S-3. The shelf registration statement permits Amerant to offer and sell, from time to time, in one or more offerings, an indeterminate dollar amount of a variety of its securities, which may consist of debt securities, preferred stock, common stock, warrants, depositary shares, subscription rights, stock purchase contracts, and stock purchase units. The terms and conditions of any particular offering of securities under the shelf registration statement will be determined at the time of such offering and will be set forth in the applicable prospectus supplement.
- 12/20/2019
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Amerant Opens A New Banking Center in Boca Raton
- MIAMI, Dec. 09, 2019 -- Amerant, the largest community bank headquartered in Florida, opened its newest banking center in the city of Boca Raton. Located at 2301 Glades Road,.
- 12/09/2019
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South Florida bank acquires Cayman Islands entity from past affiliate
- Amerant Bancorp (Nasdaq: AMTB) completed an acquisition of Cayman Islands-based Mercantil Bank and Trust Limited on Nov. 20. The move is intended to bolster the Coral Gables bank's wealth management and private banking services. Amerant purchased Mercantil Bank and Trust Limited from Mercantil Holding Financiero (MSF) Internacional, a Venezuelan company previously affiliated with Amerant.
- 11/21/2019
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Amerant Acquires Mercantil Bank and Trust Ltd. (Cayman)
- CORAL GABLES, Fla., Nov. 20, 2019 -- Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (the “Company”) announced today the completion of its previously announced acquisition of.
- 11/20/2019
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Amerant Achieves ‘Outstanding’ Rating in Community Reinvestment Act (CRA) Performance Evaluation
- Amerant announced today that the Office of the Comptroller of the Currency (OCC), in evaluating the bank’s Community Reinvestment Act (CRA) performance, granted top ratings in all three performance tests: Lending, Investment and Service. The Bank has achieved an overall Outstanding rating since 2000. The Lending Test rating is based on the excellent level of community development (CD) lending with Amerant being a leader in CD lending, the good geographic and borrower distribution of lending and a substantial majority of the Bank’s loans being in the assessment areas.
- 11/07/2019
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Amerant Bancorp Inc. Reports Third Quarter Results and Continued Progress in Executing Strategy Shift One Year After Becoming an Independent, Publicly-Traded Company
- CORAL GABLES, Fla., Oct. 29, 2019 -- Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (the “Company”) today reported continuing improved results for the third quarter of 2019,.
- 10/29/2019
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Amerant Announces Manolo Cuervo as Head of Human Resources
- Amerant announced today that Manolo Cuervo has been named Executive Vice President Human Resources. He brings over 25 years of human resources (HR) experience focused on achieving business results through human capital strategies to the company. Cuervo will lead all HR initiatives and strategies for the organization. Prior to joining Amerant, Cuervo most recently served as Managing Director of Regional Rewards and Recognition for Citi across the U.S. and 20 international markets. During his tenure as Managing Director, he successfully drove a company-wide HR function transformation that included the alignment of organizational and operating models, and roles for country, regional and HR Centers of Excellence teams to the company’s goals.
- 10/18/2019
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Amerant Bancorp, Inc. to Announce Third Quarter 2019 Financial Results and Host Conference Call October 29, 2019
- CORAL GABLES, Fla., Oct. 15, 2019 -- Amerant Bancorp, Inc. (NASDAQ: AMTB and AMTBB) (the “Company”), today announced it will report third quarter 2019 earnings results before.
- 10/15/2019
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Amerant Celebrates 40th Anniversary
- CORAL GABLES, Fla., Sept. 17, 2019 -- Amerant proudly celebrates its 40-year milestone anniversary providing banking and financial services to its valued customers. Since its.
- 09/17/2019
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Amerant Bancorp Inc. Reports Second Quarter Results
- CORAL GABLES, Fla., July 26, 2019 -- Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (the “Company”) today reported second quarter 2019 net income of $12.9 million and net income.
- 07/26/2019
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Amerant Bancorp Appoints Gerald P. Plush as a Director
- CORAL GABLES, Fla., July 17, 2019 -- Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (the “Company”) announced today that Gerald P. Plush has been appointed as an independent.
- 07/17/2019
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