Welcome to our dedicated page for Amerant Bancorp news (Ticker: AMTB), a resource for investors and traders seeking the latest updates and insights on Amerant Bancorp stock.
Amerant Bancorp Inc (AMTB) delivers comprehensive banking services through its subsidiary, offering deposit accounts, commercial lending, and wealth management solutions. This news hub provides investors and stakeholders with essential updates to monitor the company's financial trajectory.
Access timely press releases covering quarterly earnings, leadership appointments, and strategic initiatives. Our curated collection includes regulatory filings, product launches, and market expansion announcements critical for assessing AMTB's position in the competitive banking sector.
Discover updates on commercial lending programs, digital banking enhancements, and wealth management service expansions. Content is organized to highlight operational milestones while maintaining compliance with financial disclosure standards.
Bookmark this page for streamlined access to verified AMTB developments. Combine these resources with SEC filings and earnings call transcripts for a complete view of the company's performance and industry impact.
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.
Amerant Bancorp Inc. (NASDAQ: AMTB) will announce its third quarter 2022 earnings on October 20, 2022, post-market. Investors can find the results on Amerant's website. A conference call, featuring CEO Jerry Plush and CFO Carlos Iafigliola, is scheduled for October 21 at 9:00 AM ET to discuss these results. Amerant Bancorp is the largest community bank in Florida, operating 24 banking centers across South Florida and Houston, Texas, providing various financial services.
Amerant Bancorp Inc. (NASDAQ: AMTB) has declared a cash dividend of $0.09 per share, payable on August 31, 2022, to shareholders of record by the close of business on August 17, 2022. Headquartered in Coral Gables, Florida, Amerant Bancorp operates through its main subsidiary, Amerant Bank, which is the largest community bank in the state and has served over 40 years. The bank provides a variety of financial services to individuals and businesses across the U.S.
Amerant Bancorp reported a net income of $7.7 million in 2Q22, down 51.9% from the previous quarter and year. The decline was primarily due to $8 million in non-routine charges. However, Core Pre-Provision Net Revenue rose to $19.4 million, reflecting growth in net interest income, which increased by 5.9% from the prior quarter. Total assets grew to $8.2 billion, and loans increased by 2.2%, while deposits reached $6.2 billion, up 8.98%. A significant reduction in non-performing loans was noted, decreasing to $25.2 million from $47 million in the prior quarter.
Amerant Bank has expanded its partnership with the Florida Panthers, becoming the official helmet sponsor for all games, including the postseason. The arrangement includes prominent logo placements on player helmets and on-ice advertising, enhancing brand visibility. Amerant aims to improve customer experience through unique opportunities at home games. The partnership builds upon Amerant's previous season's collaboration with the Panthers, reflecting a commitment to community and sports engagement.
Amerant Bank has formed a multi-year strategic partnership with the Miami HEAT, becoming the Official Bank of the Miami HEAT. This marks the bank’s third sports sponsorship deal in South Florida within a year, reinforcing its commitment to the community. The partnership includes marketing initiatives and community engagement through events like the HEAT Beach Sweep, focusing on environmental sustainability. Amerant’s Chairman & CEO, Jerry Plush, emphasized the importance of being an integral community bank through these collaborations.
Amerant Bancorp Inc. (NASDAQ: AMTB) announced the release of its second quarter 2022 earnings results on July 20, 2022, after market close. Investors can access the results via their investor relations website. A conference call featuring CEO Jerry Plush and CFO Carlos Iafigliola is scheduled for July 21, 2022, at 9:00 AM ET to discuss the quarterly financial and operational outcomes. Amerant, a significant community bank in Florida, has provided banking services for over 40 years and operates 24 banking centers in South Florida and Houston, Texas.
Amerant Bancorp Inc. has extended its offer to exchange up to $30 million of outstanding unregistered 4.25% Fixed-to-Floating Rate Subordinated Notes due 2032 for registered equivalents until 5:00 p.m. NYC Time on June 21, 2022. As of June 16, 2022, 51% of the Old Notes, amounting to $15.25 million, had been tendered for exchange. The terms for the New Notes remain similar to the Old Notes, with advantages including non-restrictions on transfer. This extension aims to allow more holders to participate.
