AMERANT BANK OPENS NEW BAY HARBOR BANKING CENTER, CONTINUING STRATEGIC SOUTH FLORIDA EXPANSION
Rhea-AI Summary
Amerant Bank (NYSE:AMTB) announced the opening of a new Bay Harbor Banking Center at 1050 Kane Concourse, Bay Harbor Islands, effective January 5, 2026. The 1,300-square-foot location includes an onsite ATM and offers Amerant’s full range of personalized banking and financial services.
The center is part of Amerant’s continued South Florida expansion in 2025, joining new locations in Tampa, Miami Beach (427 W 41 Street opened September 2025) and West Palm Beach. Hours are Monday–Thursday 9:00 a.m.–4:00 p.m. and Friday 9:00 a.m.–5:00 p.m.
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News Market Reaction
On the day this news was published, AMTB gained 4.11%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
AMTB gained 1.03% while key regional bank peers were mixed, with several (CFFN, CTBI, FMBH, NBN) down modestly and SBSI slightly up, pointing to a stock-specific move rather than a sector-wide shift.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 06 | Executive transition | Negative | -4.2% | CEO stepped down; COO Carlos Iafigliola appointed Interim CEO. |
| Oct 28 | Quarterly earnings | Negative | -3.6% | 3Q25 net income declined with higher provisions and non-performing assets. |
| Oct 23 | Leadership appointment | Positive | -4.1% | Angel Medina Jr. appointed to lead Miami-Dade market expansion. |
| Oct 22 | Earnings reschedule | Negative | -3.4% | Q3 2025 results delayed; dividend details and new call date provided. |
| Oct 16 | Branch opening | Positive | -5.9% | New downtown Tampa banking center opened, expanding regional footprint. |
Recent AMTB news, including executive changes and regional expansion, has often been followed by negative 24h price reactions, even when announcements were strategically positive.
Over the last few months, AMTB has combined strategic expansion with significant leadership changes. A new downtown Tampa banking center opened on Oct 16, 2025, followed by executive updates and dividend-related communications in late October, and a CEO transition announced on Nov 6, 2025. These events each saw 24-hour declines between -3.44% and -5.94%. Today’s Bay Harbor branch opening continues the South Florida expansion theme, adding another location to the network after openings in Tampa, Miami Beach, and West Palm Beach during 2025.
Market Pulse Summary
This announcement extends AMTB’s South Florida expansion with a new 1,300-square-foot Bay Harbor Banking Center at 1050 Kane Concourse, adding to 2025 openings in Tampa, Miami Beach, and West Palm Beach. Set trading above its 18.96 200-day MA at 19.71, the stock remained about 19.22% below its 24.40 52-week high. In light of recent executive transitions and credit-focused disclosures, investors may watch how this relationship-driven growth strategy translates into profitability and asset quality over coming quarters.
AI-generated analysis. Not financial advice.
The new location strengthens Amerant’s presence in one of Miami-Dade’s most vibrant residential and business communities
Coral Gables, FL, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Amerant Bank, Florida’s bank of choice with a growing footprint throughout the state, announces the opening of its new Bay Harbor Banking Center, located at 1050 Kane Concourse. The new location advances Amerant’s strategic expansion across South Florida, strengthening its commitment to serving clients in high-growth and relationship-driven markets.
Located along Kane Concourse, the main commercial corridor of Bay Harbor Islands, the 1,300-square-foot banking center is designed to conveniently serve residents, professionals, and local businesses in the surrounding waterfront community. The location includes an onsite ATM and provides access to Amerant’s full range of personalized banking and financial services.
“We are thrilled to expand Amerant’s presence into Bay Harbor Islands, a community that reflects the values we prioritize, such as strong relationships, local engagement, and long-term growth,” said Carlos Iafigliola, Interim Chief Executive Officer of Amerant Bank. “This new banking center allows us to better serve our clients where they live and work, while continuing to build meaningful connections within one of South Florida’s most desirable markets.”
The Bay Harbor Banking Center adds to Amerant’s continued momentum throughout the region for 2025. This year alone, the bank has opened new locations in Tampa, Miami Beach and West Palm Beach, further solidifying its position as Florida’s bank of choice.
The Miami Beach banking center that opened in September 2025, located at 427 W 41 Street was the first of now two centers serving the greater Miami Beach market.
The Bay Harbor Banking Center’s hours of operation are Monday through Thursday, 9:00 a.m. to 4:00 p.m., and Friday, 9:00 a.m. to 5:00 p.m.
For more information about Amerant Bank, visit amerantbank.com and follow on Facebook, Twitter, Instagram and LinkedIn @AmerantBank.
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About Amerant Bank
Amerant Bank, N.A., is Florida’s bank of choice and the main subsidiary of Amerant Bancorp Inc. (NYSE: AMTB). With a presence across South Florida and Tampa, FL, the bank has been serving clients for over 45 years, including subsidiary Amerant Investments. Rooted in the communities it serves, Amerant supports numerous non-profit and community organizations. In 2022, 2023, 2024, and 2025 the Company was certified as a Most Loved Workplace® by Best Practice Institute. For news and updates, visit the Amerant Newsroom.
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Alexis Dominguez Amerant Bank 3054418412 adominguez1@amerantbank.com
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