Amerant Bancorp Inc. Declares Dividend

Rhea-AI Summary

Amerant Bancorp Inc. (NASDAQ: AMTB) has declared a cash dividend of $0.09 per share for its common stock. This dividend will be payable on February 28, 2022, to shareholders of record as of February 11, 2022. The announcement follows the company's reputation as the second largest community bank in Florida, providing a range of banking services through its subsidiary, Amerant Bank. The bank operates 24 centers, primarily in South Florida and Houston, Texas.

Positive

• Cash dividend of $0.09 per share announced, boosting investor income.
• Dividend payment date set for February 28, 2022, providing certainty for shareholders.

Negative

• None.

CORAL GABLES, Fla., Jan. 19, 2022 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB) (the “Company” or “Amerant”) today announced that the Company’s Board of Directors declared a cash dividend of $0.09 per share of Amerant common stock. The dividend is payable on February 28, 2022, to shareholders of record at the close of business on February 11, 2022.    

About Amerant Bancorp Inc. (NASDAQ: 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., as well as select international clients, with deposit, credit and wealth management services. The Bank, which has operated for over 40 years, is the second largest community bank headquartered in Florida. The Bank operates 24 banking centers – 17 in South Florida and 7 in Houston, Texas. For more information, visit investor.amerantbank.com.

CONTACTS:

Investors

Laura Rossi

InvestorRelations@amerantbank.com

(305) 460-8728

Media

Silvia M. Larrieu

MediaRelations@amerantbank.com

(305) 441-8414

FAQ

What is the dividend amount for Amerant Bancorp (AMTB)?

Amerant Bancorp has declared a cash dividend of $0.09 per share.

When will the dividend for Amerant Bancorp be paid?

The dividend will be paid on February 28, 2022.

What is the record date for the Amerant Bancorp dividend?

The record date for the dividend is February 11, 2022.

How does the dividend impact Amerant Bancorp shareholders?

The dividend provides a direct income benefit to shareholders.

What services does Amerant Bancorp offer?

Amerant Bancorp offers deposit, credit, and wealth management services.