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Miami, Fl, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Amerant Bank, Florida's bank of choice with a growing presence across South Florida, has named Braden R. Smith as SEVP, Chief Business Development Officer. In this key role, Smith will be responsible for identifying, evaluating, and pursuing business opportunities that align with Amerant's strategic growth objectives for and across all lines of busin...
OKLAHOMA CITY--(BUSINESS WIRE)--MidFirst Bank ("MidFirst" or the “Company”), the largest privately owned bank in the nation, today announced the successful completion of its previously announced acquisition of the Houston, Texas banking locations of Amerant Bank, N.A. (“Amerant”), the main subsidiary of Amerant Bancorp Inc. (NYSE: AMTB). Through the acquisition, MidFirst gained Amerant's Housto...
CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (“Amerant” or the “Company”) today announced that its wholly owned subsidiary, Amerant Bank, N.A (the “Bank”), completed the sale of its banking operations and six branches in the Houston, Texas metropolitan area to MidFirst Bank, based in Oklahoma City, Oklahoma. The previously announced transaction closed on November 8, 20...
Amerant Bancorp Inc. (AMBT) Q3 2024 Results Conference Call October 24, 2024 9:00 AM ET Company Participants Laura Rossi - Head of Investor Relations Jerry Plush - Chairman and Chief Executive Officer Sharymar Calderon - Executive Vice President and Chief Financial Officer Conference Call Participants Russell Gunther - Stephens Joe Yanchunis - Raymond James Woody Lay - KBW Operator Greetings, a...
CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (the “Company” or “Amerant”) today announced that, on October 23, 2024, 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 29, 2024, to shareholders of record at the close of business on November 14, 2024. About Amerant Bancorp Inc. (NYSE:...
CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (the “Company” or “Amerant”) today reported a net loss attributable to the Company of $48.2 million in the third quarter of 2024, or $1.43 loss per diluted share, compared to net income of $5.0 million, or $0.15 income per diluted share, in the second quarter of 2024. On September 27, 2024, the Company completed a public off...
On September 30, 2024, Wellington Management Group LLP, a prominent investment management firm, expanded its portfolio by acquiring an additional 2,401,027 shares of Amerant Bancorp Inc (AMTB, Financial). This transaction increased Wellington's total holdings in the company to 5,642,703 shares, marking a significant endorsement of AMTB's market potential.
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