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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.
Total assets increased to $8.7 billion.
Total gross loans increased to $6.50 billion.
Total deposits were $6.59 billion.
Net income attributable to the Company was $20.9 million.
The company will hold an earnings conference call on Friday, October 21, 2022 at 9:00 a.m. (Eastern Time) to discuss its third quarter 2022 results.