Amerant Bancorp Inc. Announces Sale of Texas Operations [Yahoo! Finance]
Amerant Bancorp Inc. (AMTB)
Last amerant bancorp inc. earnings: 4/28 06:30 am
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Source: Yahoo! Finance
owned subsidiary, Amerant Bank, N.A., entered into a definitive purchase and assumption agreement under which MidFirst Bank, based in Oklahoma City, Oklahoma, will acquire Amerant Bank's banking operations and six branches in the Houston, Texas metropolitan area. The transaction includes approximately $576 million of deposits and $529 million in loans. "As part of our strategic planning process, we reviewed our current business model of operating in both Florida and Texas. While we have appreciated the opportunity to serve our customers in Houston and see the potential for growth there, we recognized that additional investment would be needed to gain the scale necessary for our Houston operations to materially contribute to future results," said Jerry Plush, Chairman and CEO. "With the tremendous growth opportunities we see here in Florida, we believe it is prudent to focus on the execution on our ongoing expansion plans in South Florida and Tampa, and continue to work toward achiev
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News
- Amerant Bancorp (AMTB) Reports Q1 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
- Amerant Reports First Quarter 2024 ResultsBusiness Wire
- Amerant Bancorp Inc. Declares DividendBusiness Wire
- MidFirst Bank to Acquire Houston Banking Locations of Amerant Bank [Yahoo! Finance]Yahoo! Finance
- MidFirst Bank to Acquire Houston Banking Locations of Amerant BankBusiness Wire
AMTB
Earnings
- 4/24/24 - Miss
AMTB
Sec Filings
- 4/24/24 - Form 8-K
- 4/19/24 - Form 4
- 4/17/24 - Form 8-K
- AMTB's page on the SEC website