Amerant Bancorp Inc. Announces Fourth Quarter 2024 Financial Results and Conference Call
Monday, Jan 6, 2025 4:57 pm ET
Amerant Bancorp Inc. (NYSE: AMTB) ("Amerant" or the "Company"), a bank holding company headquartered in Coral Gables, Florida, has announced that it will release its fourth quarter 2024 financial results on Wednesday, January 22, 2025, after the market closes. The Company will also host a conference call on Thursday, January 23, 2025, at 9:00 AM ET to discuss its financial and operating results for the quarter.

Investors can access Amerant's earnings results at
Amerant Bancorp Inc. is a bank holding company headquartered in Coral Gables, Florida since 1979. The Company operates through its subsidiaries, Amerant Bank, N.A. (the "Bank"), Amerant Investments, Inc., and Amerant Mortgage, LLC. The Company provides individuals and businesses with deposit, credit, and wealth management services. The Bank, which has operated for over 40 years, is the largest community bank headquartered in Florida. The Bank operates 19 banking centers – 18 in South Florida and 1 in Tampa, FL. For more information, visit
Amerant Bancorp Inc. has a strong track record of financial performance and growth. In the third quarter of 2024, the Company reported a net loss attributable to the Company of $48.2 million, or $1.43 loss per diluted share, compared to net income of $5.0 million, or $0.15 income per diluted share, in the second quarter of 2024. The Company's total assets were $10.4 billion, an increase of $634.2 million compared to $9.7 billion in 2Q24. Total gross loans were $7.56 billion, an increase of $239.1 million compared to $7.32 billion in 2Q24. The Company's average yield on loans remained at 7.08%, unchanged from 2Q24.
Amerant Bancorp Inc. has a strong balance sheet and liquidity position. The Company's cash and cash equivalents were $671.8 million, up $361.5 million, compared to $310.3 million in 2Q24. Total deposits were $8.11 billion, up $294.9 million, compared to $7.82 billion in 2Q24. The Company's loan-to-deposit ratio was 93.23%, compared to 93.69% in 2Q24. Total advances from Federal Home Loan Bank (FHLB) were $915.0 million, up $150.0 million, compared to $765.0 million in 2Q24. The Bank had $1.9 billion in availability remaining from the FHLB as of September 30, 2024.
Amerant Bancorp Inc. is committed to maintaining a strong balance sheet and liquidity position to support its continued organic growth. The Company's strategic initiatives, such as investment portfolio repositioning and balance sheet optimization, have had a positive impact on its profitability and risk management. The Company's focus on organic growth, such as increasing banking centers and deposits, has also contributed to its financial performance.
In conclusion, Amerant Bancorp Inc. has announced its fourth quarter 2024 financial results and conference call. The Company has a strong track record of financial performance and growth, with a strong balance sheet and liquidity position. Amerant Bancorp Inc. is committed to maintaining a strong balance sheet and liquidity position to support its continued organic growth. The Company's strategic initiatives, such as investment portfolio repositioning and balance sheet optimization, have had a positive impact on its profitability and risk management. The Company's focus on organic growth, such as increasing banking centers and deposits, has also contributed to its financial performance. Investors can access Amerant's earnings results and webcast through the Company's website.