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Dec 31, 2022
Amerant Q4 2022 Earnings Report
Reported strong growth in assets, deposits, and revenue, driven by team performance and upward momentum throughout the year.
Key Takeaways
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.
Net income attributable to the Company was $18.8 million in Q4 2022, or $0.55 per diluted share.
Total assets increased to $9.1 billion, up 4.44% compared to 3Q22 and 19.5% compared to 4Q21.
Total gross loans grew to $6.92 billion, a 6.40% increase compared to 3Q22 and a 24.3% increase compared to 4Q21.
Total deposits rose to $7.04 billion, up 6.92% compared to 3Q22 and 25.1% compared to 4Q21.
Amerant
Amerant
Amerant Revenue by Geographic Location
Revenue by Geographic Location
Domestic Revenue
CapyFin.com Forward Guidance
No specific forward guidance was provided in the document.