Welcome to our dedicated page for Amerant Bancorp news (Ticker: AMTB), a resource for investors and traders seeking the latest updates and insights on Amerant Bancorp stock.
Amerant Bancorp Inc. reports news on its role as a Florida-based bank holding company operating through Amerant Bank, N.A. and Amerant Investments, Inc. Updates commonly cover quarterly financial results, asset quality, credit risk management, loan-portfolio actions, deposit trends, operational efficiency, dividends and share repurchase authorization.
Company releases also describe banking-center expansion in South Florida and Tampa, wealth management and investment services, product strategy across consumer and commercial offerings, and leadership or governance changes tied to the bank’s operating priorities.
Amerant Bancorp Inc. has completed a registered offering of senior notes due 2025, raising $60 million, exceeding initial expectations due to high demand. The notes carry a 5.75% interest rate, payable semi-annually, and are backed by the Company's subsidiary, Amerant Florida Bancorp. Proceeds will support general corporate purposes, including working capital and potential acquisitions. The offering was managed by Raymond James & Associates, with regulatory filings made with the SEC.
Amerant Bancorp Inc. (NASDAQ: AMTB) has priced a registered offering of senior notes totaling $46.0 million, with an interest rate of 5.75% per annum. These unsecured notes will mature on June 30, 2025, and interest payments will commence on December 30, 2020. Proceeds from the offering will support general corporate purposes, including working capital and potential acquisitions. The offering is expected to close on June 23, 2020.
AMERANT BANCORP INC. (NASDAQ: AMTB) has announced a registered public offering of senior notes due 2025. The notes will rank equally with existing unsecured and unsubordinated debts and are guaranteed by its subsidiary, Amerant Florida Bancorp Inc. Proceeds will be utilized for general corporate purposes, including supporting organic growth and repaying indebtedness. The offering is subject to market conditions, and no assurance can be given regarding its completion or terms. Raymond James & Associates, Inc. will serve as the sole book-running manager for the offering.
Amerant Bancorp Inc. (NASDAQ: AMTB) has appointed Carlos Iafigliola as Executive Vice President and Chief Financial Officer, succeeding his role as interim CFO since March 2020. With a tenure dating back to 2004, Iafigliola has held various management positions, including Senior Vice President and Treasury Manager. His leadership is expected to enhance Amerant's growth strategy as a community bank while navigating challenges. The announcement highlights the company's commitment to adding value for its customers, employees, communities, and shareholders.
Amerant Bancorp Inc. (NASDAQ: AMTB) announced that its 2020 Annual Meeting of Shareholders will be held virtually on June 3, 2020, at 8:00 a.m. Eastern Time, due to COVID-19 concerns. There will be no physical location for the meeting. Shareholders can join online starting at 7:45 a.m. Participants must log in as either 'Guest' or 'Shareholder' using a control number and the password AMTB2020. Voting instructions remain unchanged from previous communications. Shareholders are encouraged to vote in advance.
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