Amerant Bancorp Inc. Declares Dividend

Rhea-AI Summary

Amerant Bancorp Inc. (NASDAQ: AMTB) announced a cash dividend of $0.09 per share on April 19, 2023. This dividend is scheduled to be payable on May 31, 2023, to all shareholders who are on record as of May 15, 2023. As the largest community bank in Florida, Amerant Bancorp has provided financial services since 1979 and operates 23 banking centers across South Florida and Houston, Texas. The company is committed to delivering quality services to individuals and businesses, including deposit and wealth management services.

Positive

• Declared a cash dividend of $0.09 per share, strengthening shareholder returns.
• Dividend payable on May 31, showcasing company confidence in financial stability.

Negative

• None.

CORAL GABLES, Fla., April 20, 2023 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB) (the “Company” or “Amerant”) today announced that, on April 19, 2023, the Company’s Board of Directors declared a cash dividend of $0.09 per share of Amerant common stock. The dividend is payable on May 31, 2023, to shareholders of record at the close of business on May 15, 2023.

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

Victoria Verdeja

MediaRelations@amerantbank.com

(305) 441-8414

FAQ

What is the dividend amount declared by Amerant Bancorp?

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

When is the dividend payment date for AMTB?

The dividend is payable on May 31, 2023.

What is the record date for Amerant Bancorp's dividend?

The record date for the dividend is May 15, 2023.

How does the dividend impact Amerant Bancorp shareholders?

The dividend provides direct income to shareholders, indicating the company's confidence in its financial health.