Amerant Bancorp Inc. Declares Dividend

Rhea-AI Summary

Amerant Bancorp Inc. (NASDAQ: AMTB) announced on October 19, 2022, that its Board of Directors declared a cash dividend of $0.09 per share on common stock. This dividend is payable on November 30, 2022, for shareholders of record by November 15, 2022. Headquartered in Coral Gables, Florida, Amerant operates through its principal subsidiary, Amerant Bank, and offers a range of banking services across 23 locations in South Florida and Houston, Texas.

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• Declared a cash dividend of $0.09 per share, showing commitment to returning value to shareholders.

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• None.

CORAL GABLES, Fla., Oct. 20, 2022 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB) (the “Company” or “Amerant”) today announced that, on October 19, 2022, the Company’s Board of Directors declared a cash dividend of $0.09 per share of Amerant common stock. The dividend is payable on November 30, 2022, to shareholders of record at the close of business on November 15, 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. 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 23 banking centers – 16 in South Florida and 7 in the Houston, Texas area, as well as an LPO in Tampa, Florida. 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

When is the dividend payment date for AMTB?

The dividend payment date for Amerant Bancorp (AMTB) is November 30, 2022.

What is the amount of the dividend declared by AMTB?

The amount of the dividend declared by Amerant Bancorp (AMTB) is $0.09 per share.

Who are the shareholders eligible for the AMTB dividend?

Shareholders of record at the close of business on November 15, 2022, are eligible for the AMTB dividend.

How often does Amerant Bancorp pay dividends?

Amerant Bancorp does not specify the frequency of dividend payments in the press release.

Is Amerant Bancorp's dividend sustainable?

The press release does not provide information regarding the sustainability of Amerant Bancorp's dividend.