Stock Data
$0.25 (0.88%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
FINANCIAL SERVICES
Industry
BANKS - REGIONAL
Amerant Bancorp Inc., based in Coral Gables, Florida, serves as the parent company for Amerant Bank, N.A., offering a wide range of banking services to individuals and businesses both in the U.S. and internationally. Its offerings include various account types, cash management, commercial and consumer loans, and wealth management services. Additionally, Amerant provides modern banking conveniences such as online and mobile banking, credit and debit cards, and treasury management. Established in 1979, it has grown to include banking centers in Florida and Texas, emphasizing personalized service and financial solutions.
After two consecutive quarterly misses, Amerant Bancorp snapped back with a 35% EPS beat powered by a 9.4% surge in core deposits and provisions that dropped 39% quarter-over-quarter, signaling the Miami-based bank's credit recovery and deposit momentum are finally firing in sync.
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