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Stock impact report

Amerant Reports First Quarter 2024 Results

Amerant Bancorp Inc. (AMTB) 
Last amerant bancorp inc. earnings: 4/28 06:30 am Check Earnings Report
Company Research Source: Business Wire
Board of Directors Declares Quarterly Cash Dividend of $0.09 per Common Share CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (the “Company” or “Amerant”) today reported net income attributable to the Company of $10.6 million in the first quarter of 2024, or $0.31 per diluted share, compared to a net loss attributable to the Company of $17.1 million, or $0.51 per diluted share, in the fourth quarter of 2023.“We continued to invest in our future in the first quarter of 2024, opening new locations in Tampa and Ft. Lauderdale, while adding 12 new team members to our already talented business development teams across south Florida,” stated Jerry Plush, Chairman and CEO. “In addition to our recently announced sale of our Houston franchise, we also executed on our strategic initiatives, resulting in strong organic loan and deposit growth.”Total assets were $9.8 billion, an increase of $101.4 million, or 1.0%, compared to 4Q23.Total gross loans were $7.01 billion, a Show less Read more
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