About Amerant Bancorp Inc
Amerant Bancorp Inc. operates as the bank holding company for Amerant Bank, N.A. that provides banking products and services to individuals and businesses in the United States and internationally. It offers a range of checking and savings accounts, certificates of deposit, and money market accounts. The company also provides variable and fixed rate commercial real estate loans; loans secured by owner-occupied properties; loans to domestic and foreign individuals primarily secured by personal residence; working capital loans, asset-based lending, participations in shared national credits, purchased receivables, and small business administration loans; loans to financial institutions and acceptances; and consumer loans and overdrafts. In addition, it offers trust and estate planning products and services, brokerage and investment advisory services in global capital markets, and wealth management and fiduciary services. Further, the company provides debit and credit cards; remote deposit capture, online and mobile banking, night depository, direct deposit, and treasury management services; and cashier’s checks, safe deposit boxes, and letters of credit, as well as automated teller machines. As of April 10, 2020, it operated 27 banking centers comprising 19 in South Florida and 8 in Houston, Texas, as well as loan production offices in Dallas, Texas, and New York. The company was formerly known as Mercantil Bank Holding Corporation and changed its name to Amerant Bancorp Inc. in June 2019. Amerant Bancorp Inc. was founded in 1979 and is headquartered in Coral Gables, Florida. Address: 220 Alhambra Circle, Coral Gables, FL, United States, 33134
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Latest news about Amerant Bancorp Inc (AMTB) common stock and company :
The big shareholder groups in Amerant Bancorp Inc. ( NASDAQ:AMTB ) have power over the company. Large companies usually...
Given the lower interest rates and solid economic growth, small-cap banks like ConnectOne Bancorp (CNOB), Amerant Bancorp (AMTB) and Metropolitan Bank (MCB) are likely to continue to rally in 2022.
CORAL GABLES, Fla., Dec. 16, 2021 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB) (the “Company”), today announced it will report fourth quarter 2021 earnings results before the market opens on Thursday, January 20, 2022. Jerry Plush, Chief Executive Officer, and Carlos Iafigliola, Chief Financial Officer, will host a conference call that morning at 9:00 AM ET to discuss the Company’s financial and operating results for the quarter. The conference call will be webcast live online and may
Amerant Bancorp sold its Coral Gables headquarters building for $135 million and then signed a lease with the new owner to stay in the space. The bank (Nasdaq: AMTB) sold the building at 220 Alhambra Circle, which has 177,000 square feet of office space and 134,000 square feet of parking space, to FNLI Audax LLC, an affiliate of New York-based Fortress Investment Group, a major real estate owner and the majority owner of the Brightline passenger rail system. Amerant Bancorp said the sale of the building will result in a $62.4 million gain on its fourth quarter results after $2.6 million in transaction costs.
Transaction results in significant increase in capital, demonstrates commitment to increase percentage of earning assets to total assetsCORAL GABLES, Fla., Dec. 15, 2021 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB) (the “Company” or “Amerant”) today announced that its subsidiary, 220 Alhambra Properties LLC (“220 Alhambra”), completed the sale of its Coral Gables, FL, headquarters to FNLI Audax LLC in an all-cash transaction at the previously disclosed price of $135 million. The prope
CORAL GABLES, Fla., Dec. 09, 2021 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB) (the “Company” or “Amerant”) today announced that it has declared a cash dividend of $0.06 per share of Amerant common stock. The dividend is payable on or before January 15, 2022, to holders of record on December 22, 2021 (the “Record Date”). The aggregate amount of the payment to be made in connection with this dividend (currently estimated at $2.2 million) will depend on the number of shares issued and o
Amerant Mortgage, LLC, a subsidiary of Amerant Bank, the second largest community bank headquartered in Florida, announces today the expansion of its wholesale division. Amerant Wholesale Mortgage onboarded 28 new team members who are solely focused on wholesale business. The team will supercharge the wholesale channel for Amerant Mortgage, while providing its mortgage broker clients industry-leading products and services.
CORAL GABLES, Fla., Nov. 19, 2021 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB) (the “Company” or “Amerant”) announced today that on November 18, 2021 it completed a clean-up merger resulting in the simplification of its capital structure by automatically converting shares of the Company’s Class B common stock into the Company’s shares of Class A common stock. November 17, 2021 was the last day of trading of the Company’s shares of Class B common stock on the NASDAQ and now only the Co
CORAL GABLES, Fla., Nov. 15, 2021 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (the “Company” or “Amerant”) announced today that its shareholders approved a clean-up merger pursuant to which a subsidiary of the Company will merge with and into the Company (the “Merger”). The Merger will simplify Amerant’s capital structure by automatically converting shares of the Company’s Class B common stock into the Company’s shares of Class A common stock. Under the terms of the Merger,
Amerant Bank, one of the largest community banks headquartered in Florida, announces today that it has partnered with the United Way Miami. The partnership agreement will be valid through 2024. Among several initiatives, the most significant is the bank's undertaking of the United Way's annual 5K in Coral Gables, where the bank is headquartered.
Raistone, a world-leading fintech enabling the delivery of working capital to companies of all sizes, today announced that it has secured a growth funding round led by Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) ("Amerant"). The investment comes amid triple-digit percentage growth at Raistone as the company helps inject much-needed cash to the global supply chain.
Upgrades For Nektar Therapeutics (NASDAQ:NKTR), Benchmark upgraded the previous rating of Hold to Buy. Nektar ...
Will result in significant cost savings and improved operational efficiencies CORAL GABLES, Fla., Nov. 04, 2021 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (“Amerant”) today announced that Amerant Bank, N.A., its principal operating subsidiary and one of the largest community banks headquartered in Florida (the “Bank”), has entered into a new multi-year outsourcing agreement with financial technology leader FIS® (NYSE: FIS), the world's largest provider of banking and payme
AMTB earnings call for the period ending September 30, 2021.
Continued Improvement in All Key Performance Metrics Over Prior QuartersCORAL GABLES, Fla., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (the “Company” or “Amerant”) today reported net income attributable to the Company of $17.0 million in the third quarter of 2021, or $0.45 per diluted share, an increase compared to net income attributable to the Company of $16.0 million, or $0.42 per diluted share, in the second quarter of 2021 and net income attributable to
Amerant Bank, one of the largest community banks headquartered in Florida, announces that it has selected leading fintechs, Alloy and Q2 to further enhance its digital offerings. The combination of the two platforms makes opening new accounts and switching direct deposits and automatic payments a faster, safer and more efficient process.
When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase...
Amerant Bank, the second largest community bank headquartered in Florida, today announced a partnership with the Florida Panthers, making Amerant the team's primary home helmet sponsor for the 2021-22 NHL season. Amerant's logo will be showcased on both sides of player helmets.
After several tireless days we have finished crunching the numbers from nearly 900 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey, which disclosed those firms’ equity portfolios as of June 30th. The results of that effort will be put on display in this article, as […]
CORAL GABLES, Fla., Oct. 01, 2021 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (the “Company”), today announced it will report third quarter 2021 earnings results before the market opens on Thursday, October 21. Jerry Plush, Chief Executive Officer, and Carlos Iafigliola, Chief Financial Officer, will host a conference call that morning at 9:00 AM ET to discuss the Company’s financial and operating results for the quarter. The conference call will be webcast live online and
Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) ("Amerant") announced today that Kristy Amaro has been named Chief Diversity & Inclusion Officer.
Barclays raised Affirm Holdings, Inc. (NASDAQ: AFRM) price target from $85 to $115. Affirm shares rose 37% to $93.00 in pre-market ...
In trading on Thursday, shares of Amerant Bancorp Inc (AMTB) touched a new 52-week high of $24.48/share. That's a 171.70% rise, or $15.47 per share from the 52-week low of $9.01 set back on 10/29/2020..
AMTB earnings call for the period ending June 30, 2021.
Results include key actions taken to improve ongoing profitability
Marstone Announces Close of $5 Million Series A Funding Led by Amerant to Accelerate its Integrated Fintech Ecosystem
Upgrades According to B of A Securities, the prior rating for Bloom Energy Corp (NYSE:BE) was changed from Underperform ...
Simpler, smarter and easier online wealth management will help drive Amerant’s ongoing growth of assets under management (AUM)