Amerant Bancorp Inc. (AMTB) Misses Q1 EPS by 10c

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Go back to Amerant Bancorp Inc. (AMTB) Misses Q1 EPS by 10c

Amerant Reports First Quarter 2023 Results

April 20, 2023 4:50 PM EDT

Board of Directors Declares Quarterly Cash Dividend of $0.09 per Common Share

CORAL GABLES, Fla., April 20, 2023 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB) (the Company or Amerant) today reported net income attributable to the Company of $20.2 million in the first quarter of 2023, or $0.60 per diluted share, compared to net income attributable to the Company of $22.0 million(1), or $0.65 per diluted share(1), in the fourth quarter of 2022.

"We continued to see strong business opportunities across our footprint this quarter and invested in additional talented personnel for our commercial... More