Amerant Earnings Reports

Amerant Bancorp Inc. reported a significant increase in net income for the second quarter of 2025, reaching $23.0 million, or $0.55 per diluted share, up from $12.0 million, or $0.28 per diluted share, in the previous quarter. This improvement was attributed to higher core pre-provision net revenue and a substantial reduction in the provision for credit losses. The company also saw growth in total assets and total deposits, while maintaining a strong net interest margin and improving asset quality.

Amerant Bancorp Inc. reported a net income attributable to the Company of $12.0 million for the first quarter of 2025, or $0.28 income per diluted share. This is a decrease compared to the fourth quarter of 2024, which saw a net income of $16.9 million, or $0.40 income per diluted share. The company highlighted solid deposit growth and strong pre-provision net revenue, while loans remained relatively flat.

Amerant Bancorp Inc. reported a net income attributable to the Company of $16.9 million in the fourth quarter of 2024, or $0.40 per diluted share, compared to a net loss of $48.2 million in the third quarter of 2024. Net interest income increased over 8% while provision for credit losses declined 48%, quarter over quarter. The loan pipeline is robust heading into 2025, and the company expects to be back well over $10 billion in assets in the first quarter of 2025.

Amerant Bancorp Inc. reported a net loss attributable to the Company of $17.1 million, or $0.51 per diluted share, for the fourth quarter of 2023. The results were impacted by a $30.0 million non-cash charge before taxes related to the sale of non-relationship, Houston-based commercial real estate loans. However, the company noted strong organic loan and deposit growth during the quarter.

Amerant Bancorp Inc. reported a significantly improved net income attributable to the Company of $22.1 million, or $0.66 per diluted share, in the third quarter of 2023, compared to $7.3 million, or $0.22 per diluted share, in the second quarter of 2023. The company focused on organic deposit growth, enabling a reduction in higher-cost institutional deposits.

Amerant Bancorp Inc. reported a net income attributable to the company of $7.3 million, or $0.22 per diluted share, for the second quarter of 2023. The company saw strong organic deposit growth and solid growth in pre-provision net revenue, driven primarily by a strong net interest margin.

Amerant Bancorp Inc. reported a net income attributable to the company of $20.2 million, or $0.60 per diluted share, in the first quarter of 2023. Total assets increased to $9.5 billion, and total gross loans increased to $7.12 billion. Total deposits were $7.29 billion.

Amerant Bancorp Inc. reported a net income attributable to the Company of $18.8 million, or $0.55 per diluted share, for Q4 2022. The results reflect a provision for credit losses of $20.9 million, including the retroactive effect of the CECL accounting standard. Total assets reached $9.1 billion, and total gross loans amounted to $6.92 billion.

Amerant Bancorp Inc. reported strong loan and deposit growth, coupled with a higher net interest margin, driving earnings growth for the period. Net income attributable to the Company was $20.9 million, or $0.62 per diluted share.

Amerant Bancorp Inc. reported a net income attributable to the Company of $7.7 million in the second quarter of 2022. Core Pre-Provision Net Revenue (Core PPNR) grew to $19.4 million. Total assets increased to $8.2 billion and total deposits were $6.20 billion.

Amerant Bancorp Inc. reported a net income attributable to the Company of $16.0 million in the first quarter of 2022, or $0.45 per diluted share. Total gross loans were $5.72 billion, up $153.6 million compared to 4Q21. Total deposits as of 1Q22 were $5.69 billion, up $60.8 million compared to 4Q21.

Amerant Bancorp Inc. reported a record fourth quarter with net income of $65.5 million, or $1.77 per diluted share, a substantial increase from both the previous quarter and the same quarter of the prior year. Key performance metrics improved, including core pre-provision net revenue, loan growth, non-performing loans ratio, and net interest margin.

Amerant Bancorp Inc. reported a net income attributable to the company of $17.0 million for Q3 2021, which translates to $0.45 per diluted share. This represents an increase from the $1.7 million, or $0.04 per diluted share, reported in Q3 2020.

Amerant Bancorp Inc. reported a net income attributable to the company of $16.0 million, or $0.42 per diluted share, for the second quarter of 2021. This is an increase compared to the first quarter of 2021, and a significant improvement compared to the net loss reported in the second quarter of 2020. The results reflect key actions taken to improve ongoing profitability.

Amerant Bancorp Inc. reported a net income of $14.5 million, or $0.38 per diluted share, for the first quarter of 2021. This represents an increase compared to both the previous quarter and the same quarter of the prior year. The positive results were primarily driven by higher non-interest income and lower expenses. The company originated $81.5 million in Paycheck Protection Program (“PPP”) loans and Reached $2 billion in Assets Under Management (“AUM”).

Amerant Bancorp Inc. reported a net income of $8.5 million for Q4 2020, a decrease compared to $13.5 million in Q4 2019. The company's credit quality was strong, with no provision for loan losses recorded in the fourth quarter. The net interest margin rebounded from the third quarter of 2020.

Amerant Bancorp Inc. reported third quarter 2020 net income of $1.7 million, a significant improvement compared to the net loss of $15.3 million in the previous quarter and a decrease compared to the net income of $11.9 million in the same period of 2019. The improvement was primarily due to lower provision for loan losses.

Amerant Bancorp Inc. reported a net loss of $15.3 million for the second quarter of 2020, compared to a net income of $12.9 million in the same period of 2019. However, operating income increased to $21.6 million, up 53.8% from $14.0 million in the second quarter of 2019.

Amerant Bancorp Inc. reported a net income of $3.4 million for Q1 2020, a significant decrease compared to both Q4 2019 and Q1 2019. However, operating income showed a slight increase from the previous quarter and remained flat year-over-year. The company increased its allowance for loan losses due to the estimated deterioration of its loan portfolio caused by COVID-19.

Amerant Bancorp Inc. reported a net income of $13.5 million for Q4 2019, a decrease of 6.6% compared to Q4 2018. The decrease was influenced by lower market rates and a spread compression environment, affecting earnings assets, coupled with higher deposit costs. Noninterest income increased by 33.3%, driven by a gain on the sale of vacant land and increased fees from derivative contracts.