Amerant Bancorp Inc. (AMTB) Tops Q3 EPS by 7c

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Amerant Reports Third Quarter 2023 Results

October 19, 2023 4:45 PM EDT

CORAL GABLES, Fla., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NYSE: AMTB) (the Company or Amerant) today reported net income attributable to the Company of $22.1 million in the third quarter of 2023, or $0.66 per diluted share, compared to net income attributable to the Company of $7.3 million, or $0.22 per diluted share, in the second quarter of 2023.

We are pleased to report significantly improved operating results this quarter, stated Jerry Plush, Chairman and CEO. Our team members continued to focus on deposits first as the top strategic priority, and by originating strong organic deposit growth again... More