Recent Updates — AMTB
Amerant Bancorp Inc. reported net income attributable to the company of $25.7 million, or $0.65 per diluted share, for the third quarter ended September 30, 2026, compared to $0.53 in the prior quarter. Net interest income rose 9.6% to $90.5 million as net interest margin expanded to 3.77%. The company also declared a quarterly cash dividend of $0.09 per share, payable November 27, 2026, to shareholders of record on November 13, 2026. Additionally, the Board extended and increased the share repurchase program authorization to $50 million. Amerant Bancorp Inc. is a bank holding company providing deposit, credit, and wealth management services through its subsidiary Amerant Bank.
Amerant Bancorp Inc. completed a registered public offering of $50 million aggregate principal amount of 7.00% Senior Notes due September 17, 2031, on September 17, 2026. The company received net proceeds of approximately $48.4 million after deducting underwriting discounts and expenses. Raymond James & Associates, Inc. served as the sole book-running manager for the transaction. The notes are unsecured, unsubordinated, and bear interest payable semi-annually in arrears on March 17 and September 17 of each year, commencing March 17, 2027. Amerant Bancorp intends to use the net proceeds for general corporate purposes, including working capital, supporting organic growth at its subsidiary Amerant Bank, N.A., repaying outstanding indebtedness, or repurchasing shares under its stock repurchase program. Amerant Bancorp Inc. is a bank holding company that provides deposit, credit, and wealth management services through its banking subsidiaries in Florida.
Amerant Bancorp Inc. entered into an employment agreement with Carlos Iafigliola, its President and Chief Executive Officer, effective September 4, 2026. The agreement establishes a three-year initial term with automatic one-year extensions, subject to non-renewal notice. Mr. Iafigliola receives an annual base salary of $875,000 and a target bonus opportunity equal to at least 90% of his base salary. Compensation includes equity awards, a $1,000 monthly car stipend, and a $20,000 annual country club stipend. Severance provisions provide for two times the sum of base salary and average bonuses in the event of termination without cause or for good reason prior to a change in control, with enhanced double-trigger severance of 2.99 times compensation following a change in control. Amerant Bancorp Inc. operates as a financial holding company providing banking services through its subsidiary, Amerant Bank.
Amerant Bancorp Inc. appointed Yecimar Tirado Camacho as Executive Vice President and Chief Risk Officer of the Company and its subsidiary, Amerant Bank, N.A., effective July 22, 2026. Mrs. Tirado Camacho previously served as Senior Vice President and Head of Internal Audit. She succeeds Alberto Capriles, who retired from the Chief Risk Officer role on the transition date. Mr. Capriles will remain with the company as Senior Risk Advisor through December 31, 2026, to assist with the transition. Amerant Bancorp Inc. is a financial services company providing banking services.
Amerant Bancorp Inc. reported second quarter 2026 net income of $21.0 million, or $0.53 per diluted share, increasing from $17.9 million or $0.44 per diluted share in the first quarter of 2026. The Board of Directors declared a cash dividend of $0.09 per share of Class A common stock, payable on August 28, 2026, to shareholders of record on August 14, 2026. Amerant Bancorp Inc. is a bank holding company providing deposit, credit, and wealth management services through its main subsidiary, Amerant Bank, N.A. The company operates in the banking and financial services industry.s