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Amerant Bancorp Inc - AMTB STOCK NEWS

Welcome to our dedicated news page for Amerant Bancorp (Ticker: AMTB), a resource for investors and traders seeking the latest updates and insights on Amerant Bancorp.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Amerant Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Amerant Bancorp's position in the market.

Rhea-AI Summary
Amerant Bancorp Inc. is transferring the listing of its common stock from Nasdaq to the New York Stock Exchange (NYSE) on August 29, 2023. The stock will continue to trade under the ticker symbol 'AMTB'. The move reflects Amerant's confidence in NYSE's market infrastructure and global visibility.
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Amerant Bancorp Inc. reports net income of $7.3 million in Q2 2023, down from $20.2 million in Q1 2023. Total assets increase by $24.2 million to $9.5 billion. Total gross loans increase by $101.9 million to $7.22 billion. Cash and cash equivalents decrease by $40.7 million to $445.1 million. Total deposits increase by $292.8 million to $7.58 billion. Non-performing assets increase to $67.4 million. Board of Directors declares quarterly cash dividend of $0.09 per common share.
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Amerant Bancorp Inc. (NASDAQ: AMTB) will release its second quarter 2023 earnings results on July 20, 2023. Investors can access the earnings results on the company's website. A conference call will be held on July 21, 2023, to discuss the financial and operating results for the quarter.
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Amerant Bancorp Inc. and its subsidiary, Amerant Bank, have announced that Sharymar Calderón will become the Executive Vice President and Chief Financial Officer effective June 1, 2023. Calderón has been with Amerant since June 2021 and has led the implementation and monitoring of the Company's audit plan and risk assessments. Calderón's promotion is seen as well-deserved and is expected to contribute to the company's goal of achieving top quartile performance.
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Amerant Bancorp Inc

Nasdaq:AMTB

AMTB Rankings

AMTB Stock Data

705.58M
27.04M
19.94%
47.48%
1.37%
Commercial Banking
Finance and Insurance
Link
US
Coral Gables

About AMTB

amerant bancorp inc. operates as the bank holding company for amerant bank, n.a. that provides banking products and services to individuals and businesses in the united states and internationally. it offers a range of checking and savings accounts, certificates of deposit, and money market accounts. the company also provides variable and fixed rate commercial real estate loans; loans secured by owner-occupied properties; loans to domestic and foreign individuals primarily secured by personal residence; working capital loans, asset-based lending, participations in shared national credits, purchased receivables, and small business administration loans; loans to financial institutions and acceptances; and consumer loans and overdrafts. in addition, it offers trust and estate planning products and services, brokerage and investment advisory services in global capital markets, and wealth management and fiduciary services. further, the company provides debit and credit cards; remote deposit