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Amerant Bancorp Inc. Declares Dividend

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.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

Rhea-AI Summary

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.

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Positive

  • Dividend declared at $0.09 per share, reflecting company confidence in financial stability.
  • Amerant Bank has over 40 years of operational presence and is the largest community bank in Florida.

Negative

  • None.
Argus Session date unavailable
-9.83% session move Open Argus
Details

News Market Reaction – AMTB

The recorded move for AMTB in the trading session of this news was -9.83%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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CORAL GABLES, Fla., July 20, 2022 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB) (the “Company” or “Amerant”) today announced that the Company’s Board of Directors declared a cash dividend of $0.09 per share of Amerant common stock. The dividend is payable on August 31, 2022, to shareholders of record at the close of business on August 17, 2022.

About Amerant Bancorp Inc. (NASDAQ: AMTB)

Amerant Bancorp Inc. is a bank holding company headquartered in Coral Gables, Florida since 1979. The Company operates through its main subsidiary, Amerant Bank, N.A. (the “Bank”), as well as its other subsidiaries: Amerant Investments, Inc., Elant Bank and Trust Ltd., and Amerant Mortgage, LLC. The Company provides individuals and businesses in the U.S. with deposit, credit and wealth management services. The Bank, which has operated for over 40 years, is the largest community bank headquartered in Florida. The Bank operates 24 banking centers – 17 in South Florida and 7 in the Houston, Texas area, as well as an LPO in Tampa, Florida. For more information, visit investor.amerantbank.com.

CONTACTS:
Investors
Laura Rossi
InvestorRelations@amerantbank.com
(305) 460-8728

Media
Silvia M. Larrieu
MediaRelations@amerantbank.com
(305) 441-8414


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount for Amerant Bancorp (AMTB)?

Amerant Bancorp declared a cash dividend of $0.09 per share.

When is the dividend payable for Amerant Bancorp (AMTB)?

The dividend is payable on August 31, 2022.

What is the record date for the dividend of Amerant Bancorp (AMTB)?

The record date for the dividend is August 17, 2022.

How long has Amerant Bank been operating?

Amerant Bank has been operating for over 40 years.

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