Amerant Bancorp Inc. Declares Dividend

Rhea-AI Summary

Amerant Bancorp Inc. (NYSE: AMTB) has announced a cash dividend of $0.09 per share of common stock, payable on August 30, 2024, to shareholders of record as of August 15, 2024. This decision was made by the company's Board of Directors on July 24, 2024.

Amerant Bancorp, headquartered in Coral Gables, Florida, operates through its main subsidiary, Amerant Bank, N.A., and other subsidiaries. The company provides deposit, credit, and wealth management services to individuals and businesses in the U.S. Amerant Bank, the largest community bank headquartered in Florida, has been operating for over 40 years and maintains 25 banking centers across South Florida, Tampa, and the Houston area.

Positive

• Declared a cash dividend of $0.09 per share
• Largest community bank headquartered in Florida
• Operates 25 banking centers across multiple regions

Negative

• None.

CORAL GABLES, Fla.--(BUSINESS WIRE)-- Amerant Bancorp Inc. (NYSE: AMTB) (the “Company” or “Amerant”) today announced that, on July 24, 2024, the Company’s Board of Directors declared a cash dividend of $0.09 per-share of Amerant common stock. The dividend is payable on August 30, 2024, to shareholders of record at the close of business on August 15, 2024.

About Amerant Bancorp Inc. (NYSE: AMTB)

Amerant Bancorp Inc. is a bank holding company headquartered in Coral Gables, Florida since 1979. The Company operates through its main subsidiary, Amerant Bank, N.A. (the “Bank”), as well as its other subsidiaries: Amerant Investments, Inc., Elant Bank and Trust Ltd., and Amerant Mortgage, LLC. The Company provides individuals and businesses in the U.S. with deposit, credit and wealth management services. The Bank, which has operated for over 40 years, is the largest community bank headquartered in Florida. The Bank operates 25 banking centers – 18 in South Florida, 1 in Tampa, FL and 6 in the Houston, Texas area. For more information, visit investor.amerantbank.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240724318140/en/

Investors

Laura Rossi

InvestorRelations@amerantbank.com

(305) 460-8728

Media

Alexis Dominguez

MediaRelations@amerantbank.com

(305) 441-8412

Source: Amerant Bancorp Inc.

FAQ

When will Amerant Bancorp (AMTB) pay its recently announced dividend?

Amerant Bancorp (AMTB) will pay the recently announced dividend of $0.09 per share on August 30, 2024.

What is the record date for Amerant Bancorp's (AMTB) upcoming dividend?

The record date for Amerant Bancorp's (AMTB) upcoming dividend is August 15, 2024. Shareholders of record at the close of business on this date will be eligible to receive the dividend.

How many banking centers does Amerant Bancorp (AMTB) currently operate?

Amerant Bancorp (AMTB) currently operates 25 banking centers, with 18 in South Florida, 1 in Tampa, FL, and 6 in the Houston, Texas area.

What services does Amerant Bancorp (AMTB) provide to its customers?

Amerant Bancorp (AMTB) provides individuals and businesses in the U.S. with deposit, credit, and wealth management services through its main subsidiary, Amerant Bank, N.A., and other subsidiaries.