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Amerant BancorpD
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2026-07-27
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Earnings documents stored for AMTB.

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Investor releaseQuarter not tagged2026-07-27

Amerant Bancorp (AMTB) Earnings And Capital Returns Keep Fair Value In View

Simply Wall St.
Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Amerant Bancorp (AMTB) reported second quarter 2026 results, declared a quarterly cash dividend, and updated investors on its completed share repurchase, giving a fuller picture of recent capital returns and profitability. See our latest analysis for Amerant Bancorp. Amerant Bancorp's recent earnings, dividend and completed buyback have come alongside strong share price momentum, with a 30 day share price return of 12.12% and a 1 year total shareholder return of 43.08%. This suggests sentiment has improved over both shorter and longer periods. If earnings and capital returns have you reassessing your watchlist, this can be a good moment to broaden your search through 18 top founder-led companies After Amerant Bancorp's sharp share price move and a market price that now matches the published analyst target of $28.50, the spread between trading levels and valuation estimates has narrowed. The question now is where fair value might really sit from here. Amerant Bancorp's most followed narrative places fair value at $28.50, which is exactly in line with the last close. As a result, attention shifts to the earnings path and risk trade off behind that figure. Read the complete narrative. Curious what underpins that fair value for Amerant Bancorp? The narrative leans on sharper margins, faster earnings growth, and a future earnings multiple that assumes investors stay disciplined. The exact mix of revenue growth, profitability gains, and share count changes driving that outcome is where the real story sits. Result: Fair Value of $28.50 (ABOUT RIGHT) Have a read of the narrative in full and understand what's behind the forecasts. However, Amerant Bancorp still faces pressure from higher provisions for credit losses and rising nonperforming loans, either of which could quickly challenge this fair value story. Find out about the key risks to this Amerant Bancorp narrative. With sentiment on Amerant Bancorp finely balanced between opportunity and caution, this is a good time to review the underlying data yourself and move quickly while information is fresh, then weigh the 2 key rewards and 2 important warning signs If Amerant Bancorp has sharpened your focus on where to put fresh capital, do not stop…Read full document

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Amerant Bancorp (AMTB) reported second quarter 2026 results, declared a quarterly cash dividend, and updated investors on its completed share repurchase, giving a fuller picture of recent capital returns and profitability. See our latest analysis for Amerant Bancorp. Amerant Bancorp's recent earnings, dividend and completed buyback have come alongside strong share price momentum, with a 30 day share price return of 12.12% and a 1 year total shareholder return of 43.08%. This suggests sentiment has improved over both shorter and longer periods. If earnings and capital returns have you reassessing your watchlist, this can be a good moment to broaden your search through 18 top founder-led companies After Amerant Bancorp's sharp share price move and a market price that now matches the published analyst target of $28.50, the spread between trading levels and valuation estimates has narrowed. The question now is where fair value might really sit from here. Amerant Bancorp's most followed narrative places fair value at $28.50, which is exactly in line with the last close. As a result, attention shifts to the earnings path and risk trade off behind that figure. Read the complete narrative. Curious what underpins that fair value for Amerant Bancorp? The narrative leans on sharper margins, faster earnings growth, and a future earnings multiple that assumes investors stay disciplined. The exact mix of revenue growth, profitability gains, and share count changes driving that outcome is where the real story sits. Result: Fair Value of $28.50 (ABOUT RIGHT) Have a read of the narrative in full and understand what's behind the forecasts. However, Amerant Bancorp still faces pressure from higher provisions for credit losses and rising nonperforming loans, either of which could quickly challenge this fair value story. Find out about the key risks to this Amerant Bancorp narrative. With sentiment on Amerant Bancorp finely balanced between opportunity and caution, this is a good time to review the underlying data yourself and move quickly while information is fresh, then weigh the 2 key rewards and 2 important warning signs If Amerant Bancorp has sharpened your focus on where to put fresh capital, do not stop here. Widen your view with a few targeted stock ideas. Target resilient compounding potential by scanning companies with dependable balance sheets and fundamentals through the solid balance sheet and fundamentals stocks screener (49 results) Zero in on potential mispricings by filtering for companies that combine quality with attractive valuations using the 49 high quality undervalued stocks Strengthen your income stream by reviewing companies that aim to provide robust yields and staying power via the 9 dividend fortresses This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include AMTB. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Investor releaseQuarter not tagged2026-07-24

Amerant Bancorp Q2 Earnings Call Highlights

MarketBeat
Interested in Amerant Bancorp Inc.? Here are five stocks we like better. Amerant Bancorp’s Q2 earnings improved, with diluted EPS rising to $0.53 from $0.44 in Q1 and net interest income increasing to $82.6 million. Return on assets and return on equity also improved, while the efficiency ratio edged better. Deposit growth, especially from international sources, drove balance-sheet expansion. Total deposits rose by $416 million to $8.4 billion, helping lower deposit and funding costs even as net interest margin slipped slightly to 3.52% amid tighter loan pricing. Credit cleanup remained a top priority, as the bank reduced criticized and nonperforming assets, cut the provision for credit losses to $4.8 million, and continued exiting selected loans outside its footprint. Management expects growth to be concentrated in C&I lending and sees 2026 ROA reaching 1% by year-end. Amerant Bancorp (NYSE:AMTB) reported higher second-quarter earnings as growth in low-cost international deposits supported loan and securities balances, while the company continued to reduce criticized credit exposures and outlined plans for further loan, deposit and profitability growth through year-end. Diluted earnings per share rose to $0.53 in the second quarter of 2026 from $0.44 in the first quarter. Net interest income increased to $82.6 million from $80.3 million, while net income, return on assets and return on equity improved, according to Chief Financial Officer Sharymar Calderón. → Could Truth API Become Trump Media’s First Meaningful Revenue Driver? Return on assets rose to 0.84% from 0.73% in the prior quarter, and return on equity increased to 9.23% from 7.63%. Amerant’s efficiency ratio improved modestly to 68.37% from 68.52%. Total assets increased to $10.3 billion at June 30 from $9.9 billion at the end of the first quarter. Total deposits rose by $416 million to $8.4 billion, principally because of international deposit growth. Gross loans increased by $112 million to $6.9 billion, led by commercial and industrial lending and residential mortgages, partly offset by commercial prepayments, loan sales and strategic exits. → GE Vernova Just Sent a Mixed AI Signal to Investors President and CEO Carlos Iafigliola said the company is emphasizing Florida loan growth, more granular C&I production and selected residential mortgage lending. Amerant does not take credit risk outside…Read full document

Interested in Amerant Bancorp Inc.? Here are five stocks we like better. Amerant Bancorp’s Q2 earnings improved, with diluted EPS rising to $0.53 from $0.44 in Q1 and net interest income increasing to $82.6 million. Return on assets and return on equity also improved, while the efficiency ratio edged better. Deposit growth, especially from international sources, drove balance-sheet expansion. Total deposits rose by $416 million to $8.4 billion, helping lower deposit and funding costs even as net interest margin slipped slightly to 3.52% amid tighter loan pricing. Credit cleanup remained a top priority, as the bank reduced criticized and nonperforming assets, cut the provision for credit losses to $4.8 million, and continued exiting selected loans outside its footprint. Management expects growth to be concentrated in C&I lending and sees 2026 ROA reaching 1% by year-end. Amerant Bancorp (NYSE:AMTB) reported higher second-quarter earnings as growth in low-cost international deposits supported loan and securities balances, while the company continued to reduce criticized credit exposures and outlined plans for further loan, deposit and profitability growth through year-end. Diluted earnings per share rose to $0.53 in the second quarter of 2026 from $0.44 in the first quarter. Net interest income increased to $82.6 million from $80.3 million, while net income, return on assets and return on equity improved, according to Chief Financial Officer Sharymar Calderón. → Could Truth API Become Trump Media’s First Meaningful Revenue Driver? Return on assets rose to 0.84% from 0.73% in the prior quarter, and return on equity increased to 9.23% from 7.63%. Amerant’s efficiency ratio improved modestly to 68.37% from 68.52%. Total assets increased to $10.3 billion at June 30 from $9.9 billion at the end of the first quarter. Total deposits rose by $416 million to $8.4 billion, principally because of international deposit growth. Gross loans increased by $112 million to $6.9 billion, led by commercial and industrial lending and residential mortgages, partly offset by commercial prepayments, loan sales and strategic exits. → GE Vernova Just Sent a Mixed AI Signal to Investors President and CEO Carlos Iafigliola said the company is emphasizing Florida loan growth, more granular C&I production and selected residential mortgage lending. Amerant does not take credit risk outside the U.S. and uses its international funding to support domestic lending, Calderón said. International deposits, particularly from Venezuela, were a major source of the quarter’s funding growth. Iafigliola said Venezuelan deposits rose by nearly $500 million from the first quarter, citing the company’s brand recognition, established client relationships and banking relationships in the country. → D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? In response to an analyst question, Iafigliola said the deposits are largely tied to oil production and include institutional balances that are ultimately redeployed into commercial and personal accounts. He said Amerant views the deposits as relatively sticky, while noting the company will manage concentration, compliance and pricing discipline as balances grow. The higher proportion of lower-cost deposits reduced Amerant’s total deposit cost to 2.21% from 2.31% in the prior quarter, while its cost of funds declined to 2.38% from 2.47%. Net interest margin edged down to 3.52% from 3.55%, however, as lower loan yields offset much of the benefit from reduced funding costs. Management said competitive pricing for high-quality loans has narrowed new-loan spreads. Iafigliola said Amerant previously originated some loans at spreads above 200 basis points over SOFR, but competition for the asset classes now targeted by the bank has tightened pricing. The company expects net interest margin of about 3.50% for the remainder of 2026. Management described credit transformation as its highest strategic priority. During the quarter, Amerant revised credit policies and procedures, including approval authorities and product programs, and completed a revamp of its loan-origination stage. The bank also continued to exit selected exposures, loans outside its footprint and criticized credits. Nonperforming loans declined by $5 million, or 2.8%, to $171 million, equal to 1.7% of total assets. After the quarter closed, a $9 million New York commercial real estate loan was repaid, reducing nonperforming loans to $162 million, Calderón said. Loan payoffs totaled $24 million and loan sales totaled about $40 million within the classified portfolio during the quarter. Special mention loans, classified loans and nonperforming loans all declined, according to the company. The provision for credit losses fell to $4.8 million from $7.8 million in the first quarter, reflecting lower needs for specific reserves and higher recoveries, partially offset by loan growth and macroeconomic adjustments. Gross charge-offs were $5.5 million, mainly associated with two commercial loans, and were offset by $4 million in recoveries. Amerant expects gross charge-offs of 25 to 30 basis points, potentially offset by recoveries from workout efforts. Iafigliola said future growth will be concentrated mainly in C&I lending, with a smaller contribution from residential lending. The bank remains selective in commercial real estate as it continues to address classified and nonperforming CRE assets. He said the bank’s typical target transaction size is near $30 million, with larger loans generally reserved for selected top-tier customers or especially stable properties and projects. Noninterest expense increased 2.9% sequentially to $68.9 million, driven by higher variable compensation, vendor costs and the final portion of a terminated sports partnership agreement. Those increases were partly offset by the absence of investment impairment expense recorded in the first quarter and lower losses on loans held for sale. Amerant expects third-quarter expenses to be in line with the second quarter, followed by fourth-quarter expenses of $66 million to $67 million. The company is targeting an efficiency ratio of approximately 60% and said it identified additional cost-saving initiatives expected to materialize in the fourth quarter. Management also said it has identified artificial intelligence use cases intended to improve productivity. For the fourth quarter, Amerant expects total loans of about $7.3 billion and deposits of about $9.1 billion. Management said it expects to reach a 1% return on assets by year-end, with net interest income expected to be the largest contributor. Common equity tier 1 capital rose to 11.94% from 11.84% in the first quarter, aided by lower risk-weighted assets and quarterly earnings. The company repurchased 690,000 shares during the quarter at a weighted average price of $23.29 per share, or about one times tangible book value, and paid a $0.09 quarterly common dividend. Its board approved another $0.09 per-share dividend payable Aug. 28. Management said the bank expects to remain above $10 billion in assets by year-end and believes costs associated with crossing that threshold are largely incorporated into its current expense run rate. The company said it expects only modest additional technology investments in 2027 while seeking to maintain expenses near anticipated fourth-quarter levels. Amerant Bancorp is the bank holding company and parent of Amerant Bank, a community-oriented financial institution headquartered in Coral Gables, Florida. Amerant Bank delivers a comprehensive range of deposit and lending products to both retail and commercial clients, including checking and savings accounts, certificates of deposit, consumer mortgages, and business lines of credit. In addition, the company offers specialized services such as treasury management, international trade finance, foreign exchange, and asset-based lending to support the complex needs of corporate and high-net-worth customers. Tracing its roots to the early 1980s, Amerant has grown through a combination of strategic acquisitions and organic expansion. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Amerant Bancorp Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.

Investor releaseQuarter not tagged2026-07-24

Amerant Bancorp Inc. Q2 2026 Earnings Call Summary

Moby
Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management is executing a four-pillar strategy focused on credit transformation, operational efficiency, relationship-first banking, and disciplined growth in core Florida markets. Performance was significantly bolstered by a $500 million increase in Venezuelan deposits, which management attributes to brand recognition and essential industry activity in the region. Credit quality improved through a revised policy framework and the strategic exit of out-of-footprint, criticized, and non-core loan exposures. Operational efficiency is being driven by process digitization and the identification of AI use cases intended to remove structural costs and increase service capacity. The bank is prioritizing 'granular' C&I and residential mortgage production over larger, more concentrated commercial real estate exposures to align with a revamped risk appetite. International deposit growth, currently yielding under 1%, provides a differentiated low-cost funding advantage that is being used to retire high-cost wholesale and domestic funds. Management projects total loans to reach approximately $7.3 billion and total deposits to reach $9.1 billion by the fourth quarter of 2026. Net interest margin is expected to remain stable at approximately 3.50% for the remainder of the year, assuming no interest rate hikes or cuts by the Fed. The efficiency ratio is targeted to reach approximately 60% as cost-saving initiatives materialize and the bank scales its operating model. Quarterly expenses are projected to decline to a range of $66 million to $67 million by Q4 2026, supporting the goal of reaching a 1% ROA by year-end. The bank expects to remain above the $10 billion asset threshold by year-end 2026, with required compliance and risk management investments already embedded in current guidance. Assets under management decreased by $53 million due to the departure of a large trust relationship, though management noted this had minimal impact on fee income. Noninterest expense included a $1.3 million charge related to the final portion of a terminated sports partnership agreement. Gross charge-offs are expected to remain in the range of 25 to 30 basis points, potentially offset by active recovery efforts on previously charged-off…Read full document

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management is executing a four-pillar strategy focused on credit transformation, operational efficiency, relationship-first banking, and disciplined growth in core Florida markets. Performance was significantly bolstered by a $500 million increase in Venezuelan deposits, which management attributes to brand recognition and essential industry activity in the region. Credit quality improved through a revised policy framework and the strategic exit of out-of-footprint, criticized, and non-core loan exposures. Operational efficiency is being driven by process digitization and the identification of AI use cases intended to remove structural costs and increase service capacity. The bank is prioritizing 'granular' C&I and residential mortgage production over larger, more concentrated commercial real estate exposures to align with a revamped risk appetite. International deposit growth, currently yielding under 1%, provides a differentiated low-cost funding advantage that is being used to retire high-cost wholesale and domestic funds. Management projects total loans to reach approximately $7.3 billion and total deposits to reach $9.1 billion by the fourth quarter of 2026. Net interest margin is expected to remain stable at approximately 3.50% for the remainder of the year, assuming no interest rate hikes or cuts by the Fed. The efficiency ratio is targeted to reach approximately 60% as cost-saving initiatives materialize and the bank scales its operating model. Quarterly expenses are projected to decline to a range of $66 million to $67 million by Q4 2026, supporting the goal of reaching a 1% ROA by year-end. The bank expects to remain above the $10 billion asset threshold by year-end 2026, with required compliance and risk management investments already embedded in current guidance. Assets under management decreased by $53 million due to the departure of a large trust relationship, though management noted this had minimal impact on fee income. Noninterest expense included a $1.3 million charge related to the final portion of a terminated sports partnership agreement. Gross charge-offs are expected to remain in the range of 25 to 30 basis points, potentially offset by active recovery efforts on previously charged-off loans. The bank maintains a strong CET1 ratio of 11.94%, providing a buffer for continued share repurchases and dividends despite the growth in total assets. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management acknowledged that while low-cost deposits help, loan spreads are tightening due to intense competition for high-quality C&I assets. New loan originations are seeing spreads over SOFR compress compared to historical levels, leading to the flat 3.50% NIM guidance despite funding improvements. The surge in deposits is specifically tied to increased oil production and higher prices in Venezuela, flowing through established institutional channels. Management views these as sticky operating deposits that they intend to cross-sell into commercial and personal accounts. Management confirmed that the infrastructure and compliance costs for being a $10B+ bank are already reflected in their run rate following previous readiness assessments. The Durbin Amendment impact is not expected to be significant and would likely not take effect until the second half of 2027.

Investor releaseQuarter not tagged2026-07-24

Amerant Bancorp Inc (AMTB) Q2 2026 Earnings Call Highlights: Strong Deposit Growth and Improved ...

GuruFocus.com
This article first appeared on GuruFocus. Total Assets: $10.3 billion, up from $9.9 billion in the first quarter. Cash and Cash Equivalents: $301 million, increased by $112 million from the first quarter. Total Investment Securities: $2.6 billion, up by $178 million from the previous quarter. Total Gross Loans: $6.9 billion, increased by $112 million from the first quarter. Total Deposits: $8.4 billion, up by $416 million from the first quarter. Assets Under Management: Decreased by $53 million to $3.4 billion. Diluted Earnings Per Share: $0.53, compared to $0.44 in the first quarter. Net Interest Income: $82.6 million, up $2.3 million from the first quarter. Net Interest Margin: 3.52%, compared to 3.55% in the first quarter. Provision for Credit Losses: $4.8 million, down from $7.8 million in the first quarter. Non-Interest Income: $18.2 million, up by approximately $800,000 from the first quarter. Non-Interest Expense: $68.9 million, up by $2 million from the first quarter. Pre-Tax Pre-Provision Net Revenue: $31.9 million, compared to $30.7 million in the first quarter. Return on Assets (ROA): 0.84%, compared to 0.73% in the first quarter. Return on Equity (ROE): 9.23%, compared to 7.63% in the first quarter. Efficiency Ratio: 68.37%, compared to 68.52% in the first quarter. Common Equity Tier 1 (CET1) Ratio: 11.94%, compared to 11.84% last quarter. Share Repurchases: 690,000 shares at an average price of $23.29 per share. Warning! GuruFocus has detected 6 Warning Sign with AMTB. Is AMTB fairly valued? Test your thesis with our free DCF calculator. Release Date: July 24, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Amerant Bancorp Inc (NYSE:AMTB) reported a significant increase in total deposits, with a growth of over $400 million, primarily driven by international deposits. The company achieved a notable improvement in net income and profitability during the second quarter. Amerant Bancorp Inc (NYSE:AMTB) successfully reduced classified loans and special mentions, indicating progress in credit optimization efforts. The bank's strategic initiatives, including transforming credit and operational efficiency, are beginning to show positive results. The company maintained strong capital levels while continuing to return capital to shareholders through dividends and share repurchases. Net interest mar…Read full document

This article first appeared on GuruFocus. Total Assets: $10.3 billion, up from $9.9 billion in the first quarter. Cash and Cash Equivalents: $301 million, increased by $112 million from the first quarter. Total Investment Securities: $2.6 billion, up by $178 million from the previous quarter. Total Gross Loans: $6.9 billion, increased by $112 million from the first quarter. Total Deposits: $8.4 billion, up by $416 million from the first quarter. Assets Under Management: Decreased by $53 million to $3.4 billion. Diluted Earnings Per Share: $0.53, compared to $0.44 in the first quarter. Net Interest Income: $82.6 million, up $2.3 million from the first quarter. Net Interest Margin: 3.52%, compared to 3.55% in the first quarter. Provision for Credit Losses: $4.8 million, down from $7.8 million in the first quarter. Non-Interest Income: $18.2 million, up by approximately $800,000 from the first quarter. Non-Interest Expense: $68.9 million, up by $2 million from the first quarter. Pre-Tax Pre-Provision Net Revenue: $31.9 million, compared to $30.7 million in the first quarter. Return on Assets (ROA): 0.84%, compared to 0.73% in the first quarter. Return on Equity (ROE): 9.23%, compared to 7.63% in the first quarter. Efficiency Ratio: 68.37%, compared to 68.52% in the first quarter. Common Equity Tier 1 (CET1) Ratio: 11.94%, compared to 11.84% last quarter. Share Repurchases: 690,000 shares at an average price of $23.29 per share. Warning! GuruFocus has detected 6 Warning Sign with AMTB. Is AMTB fairly valued? Test your thesis with our free DCF calculator. Release Date: July 24, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Amerant Bancorp Inc (NYSE:AMTB) reported a significant increase in total deposits, with a growth of over $400 million, primarily driven by international deposits. The company achieved a notable improvement in net income and profitability during the second quarter. Amerant Bancorp Inc (NYSE:AMTB) successfully reduced classified loans and special mentions, indicating progress in credit optimization efforts. The bank's strategic initiatives, including transforming credit and operational efficiency, are beginning to show positive results. The company maintained strong capital levels while continuing to return capital to shareholders through dividends and share repurchases. Net interest margin slightly declined to 3.52% from 3.55% in the previous quarter, reflecting lower loan yields. Non-interest expenses increased by $2 million, primarily due to higher variable compensation and less savings related to third-party vendor fees. The company's assets under management decreased by $53 million due to the departure of a large trust relationship. Amerant Bancorp Inc (NYSE:AMTB) faces competitive pressures in loan origination, impacting spreads and potentially limiting margin expansion. Provision for credit losses was $4.8 million, indicating ongoing challenges in managing credit risk. Q: Can you elaborate on the expected deposit growth and its impact on asset size by year-end? A: We plan to use the incremental deposit growth to recompose our funding mix, letting go of high-cost deposits and replacing them with zero-cost, non-interest-bearing deposits. This recomposition is expected to positively impact our asset size, keeping us above the $10 billion threshold by year-end. (Sharymar Calderon, CFO) Q: With the deposit growth being mostly low-cost or non-interest-bearing, how does this affect your net interest margin (NIM) outlook? A: Despite the growth in low-cost deposits, competitive loan origination spreads are expected to keep our NIM around 3.50% for the rest of the year. The competitive market has tightened spreads, impacting the yield on new asset generation. (Unidentified Company Representative) Q: What is driving the significant deposit growth in Venezuela, and what type of deposits are these? A: The deposit growth in Venezuela is primarily tied to the oil production sector, benefiting from higher oil prices and increased production. These are mainly institutional deposits, which we are able to convert into commercial and personal accounts, enhancing deposit stickiness. (Unidentified Company Representative) Q: How have you adjusted your credit policy and loan growth strategy? A: We have tightened our credit box, focusing on C&I growth while being selective in the CRE space. The new sweet spot for loan size is around $30 million, with an emphasis on increasing granularity. Spreads have become more competitive, especially for high-quality assets. (Unidentified Company Representative) Q: Are there any anticipated changes in expenses related to crossing the $10 billion asset threshold? A: Most investments related to crossing the $10 billion threshold are already factored into our current run rate. We do not anticipate significant incremental expenses, as we have prepared for this transition through prior readiness assessments. (Sharymar Calderon, CFO) For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Investor releaseQuarter not tagged2026-07-24

Amerant Bancorp (AMTB) Reports Q2 Earnings: What Key Metrics Have to Say

Zacks
Amerant Bancorp Inc. (AMTB) reported $100.74 million in revenue for the quarter ended June 2026, representing a year-over-year decline of 8.6%. EPS of $0.53 for the same period compares to $0.57 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $98.58 million, representing a surprise of +2.19%. The company delivered an EPS surprise of +29.27%, with the consensus EPS estimate being $0.41. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Amerant Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net charge-offs / Average total loans held for investment: 0.1% versus 0.4% estimated by two analysts on average. Total Non-Performing Loans: $171.09 million versus the two-analyst average estimate of $162.63 million. Net interest margin: 3.5% versus the two-analyst average estimate of 3.5%. Efficiency Ratio: 68.4% versus the two-analyst average estimate of 69.6%. Average Balances - Total interest-earning assets: $9.41 billion versus $9.35 billion estimated by two analysts on average. Total Non-Performing Assets: $186.63 million versus $177.96 million estimated by two analysts on average. Noninterest income: $18.16 million versus the two-analyst average estimate of $17.99 million. Net interest income: $82.58 million versus the two-analyst average estimate of $80.59 million. View all Key Company Metrics for Amerant Bancorp here>>> Shares of Amerant Bancorp have returned +3.2% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amerant Bancorp Inc. (AMTB) : Free Stock Analysis Report This article originally pub…Read full document

Amerant Bancorp Inc. (AMTB) reported $100.74 million in revenue for the quarter ended June 2026, representing a year-over-year decline of 8.6%. EPS of $0.53 for the same period compares to $0.57 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $98.58 million, representing a surprise of +2.19%. The company delivered an EPS surprise of +29.27%, with the consensus EPS estimate being $0.41. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Amerant Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net charge-offs / Average total loans held for investment: 0.1% versus 0.4% estimated by two analysts on average. Total Non-Performing Loans: $171.09 million versus the two-analyst average estimate of $162.63 million. Net interest margin: 3.5% versus the two-analyst average estimate of 3.5%. Efficiency Ratio: 68.4% versus the two-analyst average estimate of 69.6%. Average Balances - Total interest-earning assets: $9.41 billion versus $9.35 billion estimated by two analysts on average. Total Non-Performing Assets: $186.63 million versus $177.96 million estimated by two analysts on average. Noninterest income: $18.16 million versus the two-analyst average estimate of $17.99 million. Net interest income: $82.58 million versus the two-analyst average estimate of $80.59 million. View all Key Company Metrics for Amerant Bancorp here>>> Shares of Amerant Bancorp have returned +3.2% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amerant Bancorp Inc. (AMTB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

TranscriptFY2026 Q22026-07-24

FY2026 Q2 earnings call transcript

Earnings source - 73 paragraphs
Operator

Welcome to Amerant's second quarter 2026 earnings conference call. At this time, all participants are in listen-only mode. The question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. Please note this conference is being recorded. At this time, I'll turn the conference over to Laura Rossi, Head of Investor Relations and Strategy. Thank you, Laura. You may now begin.

Laura Rossi

Thank you, operator. Good morning, everyone, and thank you for joining us to review Amerant Bancorp's second quarter 2026 results. On today's call are Carlos Iafigliola, our President and CEO, and Sharymar Calderón, our CFO. As we begin, please note that discussions on today's call contain forward-looking statements within the meaning of the Securities Exchange Act. In addition, we will also refer to non-GAAP financial measures. Please refer to the company's earnings release for a statement regarding forward-looking statements, as well as for information and reconciliation of non-GAAP financial measures to GAAP measures. I will now turn it over to our CEO, Carlos Iafigliola.

Carlos Iafigliola

Thank you, Laura, and good morning, everyone. Thank you for joining us today to discuss Amerant's second quarter 2026 results. Before turning to our results, I would like to acknowledge the devastating impact of the earthquakes that struck Venezuela this past month. Our thoughts and heartfelt condolences are with the families and communities impacted as they begin the difficult work of recovery and rebuilding. With that important context, let me turn to our second quarter results, and more importantly, the progress we're making against the strategic priorities that are reshaping Amerant's progression. Our objective is clear: stabilize the business, strengthen the foundation, and positioning the company for disciplined, sustainable growth, and improved shareholder value. I want to spend a few minutes providing additional clarity on the four strategic initiatives that are driving this work, the intention behind each, and the tangible progress we have made during the second quarter.

Carlos Iafigliola

First, transforming credit. As I shared in previous calls, this is our highest priority initiative, given its connection to current and prospective asset quality, capital efficiency, and predictability of future earnings. Our objective here is to continue developing our credit capabilities to support profitable and sustainable growth through stronger risk selection practices. During the second quarter, we revised our credit policy and procedures, including approval authorities and key product programs, and completed the loan origination stage revamp. We also continue to optimize our portfolio by exiting select exposures, out-of-footprint loans, and criticized credits, which contributed to the decline in special mention and classified loans we reported during this quarter. Second, operational efficiency. This initiative is about simplifying how we operate. We are standardizing, streamlining, and digitizing end-to-end processes to remove structural cost, increase capacity, and deliver faster, more reliable client services at scale.

Carlos Iafigliola

To this end, we're happy to report that we have identified multiple use cases for AI that will enhance our productivity in the near future. During the second quarter, we identified additional cost-savings initiatives that are expected to materialize in the fourth quarter and support continued improvement in the efficiency ratio. This give us greater confidence in our path towards a more scalable operating model and reflects our commitment to structurally decreasing our expenses versus previous years. Third, relationship first. This strategic initiative is designed to deepen existing client relationships through an integrated sales model that coordinates private and commercial banking with our advisory and treasury management capabilities to increase cross-sell, boost fee income, and improve overall client profitability. During the quarter, we advanced this work by strengthening CRM tracking and referral discipline, improving coordination across client-facing teams, and focusing execution on opportunities to grow revenue. Fourth, grow the bank.

Carlos Iafigliola

This initiative is about growing balance and revenues with sustainability within our core markets at a pace consistent with our risk appetite and return objectives. In 2Q, we continued to prioritize loan growth in Florida, our core market, and a more granular C&I production, as well as select residential mortgage growth. On the deposit side, momentum remained strong, with total deposits increasing over $400 million, primarily driven by international deposit growth. Having a source of low-cost funding becomes a great attribute within our competitive environment. This performance reflects the strength of our international franchise, the depth of our long-standing client relationships, and the clear advantage of our differentiated business model.

Carlos Iafigliola

We continue to see significant progress in our Latin American business, especially in Venezuela, where Amerant capitalized on its brand recognition, established client relationships, and the work we have done over many years to preserve relationships with local financial institutions, commercial, and private banking clients. During the second quarter, that opportunity continued to materialize, with Venezuelan deposits increasing close to $500 million from the first quarter and contributing significantly to the total international deposit growth. These are operating deposits tied to essential industries, processed through established banking channels and supported by our existing compliance, due diligence, and relationship management framework. Our focus remains on relationship deposits that are low cost, operational in nature, and aligned with our risk appetite. As these balances grow, we will continue to manage concentration, compliance, and pricing discipline carefully while cross-selling our advisory and wealth management platforms.

Carlos Iafigliola

Taken together, these initiatives are beginning to show up in our results. During the quarter, net income increased, profitability improved, and we maintained strong capital levels while continuing to return capital to shareholders. We also made further progress on our credit, with classified loans and special mentions declining meaningfully. These outcomes reinforce our confidence that our strategic initiatives are effective, and that we are building a more efficient, relationship-driven, and profitable franchise. With that strategic context, I will turn it over to Shary to walk through the quarter's financial results in more detail.

Sharymar Calderón

Thank you, Carlos, and good morning, everyone. Let's turn to slide four, where you will see our balance sheet highlights. Total assets were $10.3 billion as of the end of the second quarter, an increase from $9.9 billion as of the end of the first quarter. The increase was primarily driven by higher deposit balances. We reallocated our assets to fund net loan growth and debt securities available for sale. Cash and cash equivalents were $301 million, up by $112 million compared to $189 million in the first quarter, reflecting higher interest earning deposit balances and overall balance sheet liquidity. Total investment securities were $2.6 billion, up by $178 million compared to $2.4 billion in the previous quarter. We continue to grow the investment portfolio as part of our liquidity management due to the growth of our international deposits.

Sharymar Calderón

Total gross loans were $6.9 billion, up by $112 million compared to $6.8 billion in the first quarter. Growth was driven primarily by production in C&I, as well as residential mortgages, partially offset by elevated commercial loan prepayments, strategic loan sales, and continued exits aligned with our credit optimization strategy. On the deposit side, total deposits were $8.4 billion, up by $416 million compared to $7.9 billion in the first quarter, primarily driven by strong growth in international deposits, as Carlos mentioned. Our assets under management decreased $53 million to $3.4 billion in the second quarter. This decrease was primarily driven by the departure of a large trust relationship, partially offset by increased market valuations. Importantly, this relationship did not represent a significant contribution to fee income as it was fixed rather than balance-based.

Sharymar Calderón

We continue to view the wealth management business as an important opportunity to grow fee income over time, supported by our relationship-first model and the opportunity to deepen advisory relationships across both domestic and international clients. Let's turn to slide five. Looking at the income statement, diluted earnings per share for the second quarter was $0.53 compared to $0.44 in the first quarter. Net interest income was $82.6 million, up $2.3 million from $80.3 million in the first quarter. The increase was primarily driven by higher average interest earning asset balances, including growth in the loan and investment securities portfolios, partially offset by lower loan yields. Net interest margin was 3.52% compared to 3.55% in the first quarter. The modest decline reflected lower loan yields, largely offset by a lower cost of funds and continued growth in lower cost international deposits.

Sharymar Calderón

Provision for credit losses was $4.8 million compared to $7.8 million in the first quarter, reflecting lower provision needs for specific reserves and higher recoveries, offset by needs for loan portfolio growth and adjustments to account for macroeconomic conditions. Non-interest income was $18.2 million, up by approximately $800,000 from $17.4 million. Non-interest income this quarter includes an increase of approximately $500,000 in deposit and service fees and $200,000 in brokerage, advisory, and fiduciary fees. Additionally, this quarter, other non-interest income includes proceeds from life insurance benefits. Non-interest expense was $68.9 million, up by $2 million or 2.9% from $66.9 million in the first quarter.

Sharymar Calderón

Non-interest expense this quarter includes an increase of $2.9 million in variable compensation, an increase of $1.8 million in less savings related to third-party vendor fees this quarter, and an increase of $1.3 million primarily related to the last portion of a sports partnership agreement that was terminated. The increase in non-interest expense was primarily offset by the absence of $1.7 million in investment impairment expense and other expenses that we had in the prior quarter. The absence of the impairment on investment carried at cost that we had in the first quarter, as well as lower losses on loans held for sale. Pre-tax pre-provision net revenue was $31.9 million compared to $30.7 million in the first quarter, reflecting higher net interest income and non-interest income, partially offset by the increase in non-interest expense.

Sharymar Calderón

You can also see that the ROA and ROE this quarter were 0.84% and 9.23% compared to 0.73% and 7.63%, respectively, in the prior quarter. Our efficiency ratio was 68.37% compared to 68.52% in the first quarter. These improvements were primarily driven by higher net income and continued operating discipline. Turning now to slide six to discuss our capital metrics. Our CET1 remains strong at 11.94% compared to 11.84% last quarter, mainly driven by lower risk-weighted assets and higher net income during the quarter, while partially offset by $16 million in share repurchases and $3.6 million in shareholder dividends. We paid a cash dividend of $0.09 per share of common stock on May 29, 2026, and our board of directors just approved a quarterly dividend of $0.09 per share, payable on August 28th of this year.

Sharymar Calderón

During the second quarter, we repurchased 690,000 shares at a weighted average price of $23.29 per share, compared to tangible book value of $22.78 as of June 30, 2026. This represented one times tangible book value and book value. On slide seven, we show our well-diversified deposit mix along with the composition of our loan portfolio. Total deposits for the quarter were $8.4 billion, up $460 million or 5.2%, compared to $7.9 billion in the previous quarter. This increase was primarily driven by significant growth in international deposits, particularly from Venezuela, while domestic deposits reflect the exit of a high-cost large fund provider. In terms of deposit mix, broker deposits totaled $498 million, a decrease of $50 million, compared to $548 million in the first quarter. Core deposits increased by $553 million or 9.4%, supported by strong growth in non-interest bearing and lower cost international deposits.

Sharymar Calderón

Total loans were $6.9 billion, up $112 million or 1.7%, compared to $6.8 billion in the first quarter. The increase was driven by production in C&I as well as residential mortgages, partially offset by higher commercial prepayments and loan sales completed during the period. Of note, we use our international funding to support domestic loan growth as we don't currently take credit risk outside of the U.S. Next, on slide eight, you can see the evolution of our net interest income. NII increased $2.3 million from the prior quarter to $82.6 million in 2Q. This increase was primarily driven by higher average interest earning asset balances as we redeployed our deposit growth, as well as one additional day in the quarter. The increase was partially offset primarily by lower loan yields and higher average balances in interest-bearing deposit accounts.

Sharymar Calderón

Net interest margin was 3.52%, compared to 3.55% in the first quarter. Lower loan yields were largely offset by a lower cost of deposits, supported by disciplined deposit pricing and continued growth in lower cost international deposits with the current cost right under 1%. As a result, cost of total deposits declined to 2.21% from 2.31% in the prior quarter, and cost of funds declined to 2.38% from 2.47%. Now turning to asset quality as shown on slide nine. Non-performing loans were down $5 million or 2.8% to $171 million or 1.7% of total assets. During 2Q 2026, downgrades to NPL were primarily driven by one large classified residential loan, which was later sold during the quarter, two large commercial relationships, and smaller commercial and residential loans. These downgrades were offset by payoffs and note sales as noted in the slide.

Sharymar Calderón

Subsequent to quarter end, a $9 million N.Y. CRE loan was paid off, bringing NPLs further down to $162 million, improving the NPL to total assets ratio. In the next slide, we have included similar information as it relates to the classified portfolio. During 2Q 2026, downgrades to classified loans were primarily driven by four relationships with commercial and owner-occupied loans. On this slide, you can also see the result of our efforts to reduce the loan balances in this bucket during the quarter, with loan payoffs totaling $24 million and loans sold totaling approximately $40 million during the period. Now moving into slide 11. We discuss special mention loans and their key characteristics, including portfolio composition and collateral coverage.

Sharymar Calderón

During 2Q 2026, downgrades to special mention were primarily driven by one CRE loan and one owner-occupied relationship, offset by the payoff of one large CRE loan and the sale of another CRE loan. Overall, second quarter results demonstrate continued progress in our credit optimization efforts. Non-performing loans, classified loans, and special mention loans all declined during the quarter, supported by disciplined monitoring, timely downgrades where warranted, and active resolution through payoffs, paydowns, and loan sales. While we continue to proactively manage any new developments in our portfolio, the reductions this quarter reflect the impact of the actions we have been taking to strengthen the portfolio, improve visibility, and reduce risk over time. Now moving on to slide 12. Here, we show the drivers of the provision recorded this quarter and impact to the allowance for credit losses. The provision for credit losses was $4.8 million in the second quarter.

Sharymar Calderón

The provision was driven by a $2.2 million net increase in specific reserve allocation, $0.8 million requirements for charge-offs, $0.9 million due to loan growth, and $1.9 million mainly attributable to changes in macroeconomic factors. This was offset by $1 million release in reserves for contingencies as loans were funded. During the second quarter of 2026, gross charge-offs totaled $5.5 million, composed mainly of two commercial loans. The remaining charge-offs were related to indirect consumer loans and smaller commercial and consumer loans. These charge-offs were offset by $4 million in recoveries. We expect gross charge-offs to be in the range of 25-30 basis points. This could be offset by recoveries as our special assets team continues efforts toward resolution of previously charged-off loans.

Sharymar Calderón

Lastly, the allowance for credit losses ratio was up slightly to 1.27% from 1.21% in the first quarter, primarily due to increases in coverage of collectively evaluated loans. On slide 13, you can see our expectations for the remainder of 2026. We expect total loans to reach approximately $7.3 billion by the fourth quarter of 2026. Following the work completed in the first half of the year to strengthen our credit foundation, we are seeing increased momentum in the loan pipeline, including opportunities via credit programs in C&I and residential lending, as we focus on building a more granular, higher quality portfolio. On the funding side, we expect total deposits to reach approximately $9.1 billion by the fourth quarter of 2026. This outlook is supported by continued momentum expected in low-cost international deposit growth and our efforts to deepen domestic relationships.

Sharymar Calderón

We expect net interest margin to be approximately 3.50% for the remainder of the year, supported by disciplined balance sheet management and the benefit of continued growth in lower-cost deposits. From an expense perspective, we are projecting 3Q expenses to be in line with 2Q, declining to a range of $66 million-$67 million in 4Q 2026, as we continue to make progress toward a target efficiency ratio of approximately 60%. In terms of capital management, we continue to believe that buying back our stock represents an attractive use of capital, and we expect to continue using a portion of our cash to directly return capital to our shareholders through repurchases and dividends. Lastly, we would like to provide guidance as to the contributions to ROA and help you reconcile how we expect to reach 1% by year-end.

Sharymar Calderón

As you can see on slide 14, we expect the net interest income to be the largest contributor in line with the guidance I just provided regarding loan and low-cost deposit growth. Operating expenses and other income will also contribute to net income improvement, although to a lesser extent. We expect this contribution to be partially offset by tax expense and provision for credit losses due to reserves related to loan growth. And with that, I will pass it back to Carlos for additional comments and closing remarks.

Carlos Iafigliola

Thank you, Shary. As we wrap up today's call, I want to reiterate that our priorities for the second half of the year remain clear and firmly aligned with our strategic plan. First, we will continue driving disciplined, sustainable loan growth that supports our financial objectives and remain consistent with our risk appetite. That means growing with purpose, maintaining clear accountability, and ensuring that our risk selection practices meet our standards for quality, granularity, and risk-adjusted returns. Second, we will continue advancing credit quality by embedding a stronger credit culture across the organization. This includes disciplined underwriting, enhanced portfolio monitoring, and a high-quality loan pipeline. Third, we remain focused on improving efficiency across the organization. We are executing cost efficiency initiatives that are expected to create sustainable, recurring savings while supporting a more scalable operating model in alignment with our efficiency goals.

Carlos Iafigliola

We're also reassessing our product offering and fee income services to continue to boost non-interest income. Fourth, we will continue strengthening our relationship-first model to deepen client engagement, increase collaboration across the business, and support lower cost deposit growth in both domestic and international markets. At the same time, we remain committed to maintaining strong capital levels while continuing to return capital to shareholders through dividends and share repurchases. We have a durable franchise, a clear strategic vision, and a disciplined execution plan. While there is more work ahead, we are encouraged by our progress and confident in our ability to deliver sustainable value for our shareholders over time. With that, Shary and I will take questions. Operator, please open the line for Q&A.

Operator

Thank you. We'll now be conducting a question and answer session. If you'd like to ask a question at this time, please press star one on your telephone keypad, and a confirmation tone will indicate your line is in the question queue. You may press star two if you'd like to remove your question from the queue. For participants using speaker equipment, it may be necessary to pick up your handset before pressing the star keys. One moment please for our first question. Thank you. Our first question comes from the line of Woody Lay with KBW. Please proceed with your questions.

Woody Lay

Hey, good morning, guys.

Sharymar Calderón

Morning, Woody.

Carlos Iafigliola

Morning.

Woody Lay

Wanted to start on the deposit growth. It was really encouraging, and I think the guide, where you all point to by year-end, it's about $800 million above where the Street's forecasting. Was just curious how much of that incremental deposit growth will be used for funding remix and what that means for the total asset size that you're expecting by year-end?

Carlos Iafigliola

No, good question, and thank you for that one. I believe one of the critical points that we have been using the specific source of funding that we have been getting is precisely to let run off high cost deposits that we carry in balance sheet. I believe the recomposition has been extremely valuable. We have let go hypersensitive deposits during the first two quarters of the year that had a significant cost of funds pressure, and we have been using these deposits to recompose the depository base. Most of these new deposits coming our way are zero cost, non-interest bearing. We are very encouraged by the recomposition that we'll have in the source funds from now to year-end. From that perspective, really positive. Shary, do you have-

Sharymar Calderón

Yes, to complement that, Carlos, we do expect to use a significant portion being redeployed into high quality assets on boarded into our balance sheet. We're also going to take the opportunity to pay off maturing wholesale funds. Also due to the low cost of these funds, any excess liquidity, even if placed in yielding cash accounts, we still see that we can get a contribution to NIM.

Carlos Iafigliola

Right. Everything will be, I guess, redeployed within our new credit policy and credit standards that are consistent with the pre-bank risk appetite of Amerant.

Woody Lay

Yeah. You are over $10 billion in assets as of the second quarter. Do you expect to be over the $10 billion in asset threshold by year-end 2026?

Carlos Iafigliola

Yeah. We do expect so. Yeah.

Woody Lay

Okay. Got it. It sounds like on that deposit guide, most of that's expected to be low cost, if not non-interest bearing, which would be a huge positive and would make me think that you had a 3.52% NIM in the second quarter. It feels like there could be upside based on that non-interest bearing growth. I guess, maybe some of the moving pieces on how the margin stays flat from here would be helpful.

Carlos Iafigliola

Right. Yeah. One of the items that we telegraphed during the previous earnings calls was the spreads that were seen in the loan origination. At this point, as you know, we are operating in markets that are very competitive. At the same time, the high quality assets that we're playing right now, they tend to be more tighter in nature. When you get to see the spreads to origination over SOFR, in the past, we were probably above the 200 basis points over SOFR. Right now we're seeing a lot of competition for the same asset class. The competitors that we are facing right now, they're pricing these new structures with very competitive spreads.

Carlos Iafigliola

Even though we're getting significant improvement in the cost of funds, the diminishing yield on the new asset generation will definitely make us feel like 3.50% is the right financial margin for the rest of the year.

Woody Lay

Got it. Maybe just last for me, non-interest bearing growth was really impressive. The international side drove a majority of that, especially Venezuela. Could you just talk about the momentum you're seeing in the country and how it's impacting deposits? Are most of the deposits coming from the country? Are they commercial deposits, retail deposits, and are they related to any specific industry?

Carlos Iafigliola

Yeah. They are specifically tied to the oil production. As you know, the country is currently facing the benefit of being able to sell oil at a higher price, and the production is essentially being higher than what it used to be before. Those are two positive factors playing in favor of the country. Most of the funds are related to institutional depository base. The advantage of Amerant is that we recapture those funds that are ultimately redeployed into commercial and personal accounts. We believe that we have a great stickiness between those deposits.

Woody Lay

Got it. All right. Well, thanks for taking my questions and congrats on the strong quarter.

Carlos Iafigliola

Thank you.

Sharymar Calderón

Thank you.

Operator

The next question is from the line of Russell Gunther with Stephens. Please just use your questions.

Russell Gunther

Hey, good morning, guys.

Carlos Iafigliola

Good morning.

Russell Gunther

Morning. I wanted to follow up on the loan growth and spread discussion. It would be helpful to get some specifics around just where and how you tighten that credit box. You mentioned the revised credit policy and procedures this quarter. Just any update into changes in loan size targets or asset classes that no longer fit the revised profile. You mentioned you were getting plus 200 basis points to SOFR. Where does that stand today on the type of commercial growth that now fits your credit box?

Carlos Iafigliola

Right. Thank you for the question. Typically, what we're projecting for the rest of the year, most of the growth will come from the C&I space. We still believe that the CRE space. Even though we have a strong pipeline on the CRE side, we're still going through recomposition of that portfolio. Some of the classified that we still have and some of the NPLs that we still have are in the CRE portfolio. We do expect them to roll down as we approach year-end. All the efforts on CRE, even very positive, still will be kind of muted in the sense that we still have rolling out these assets on the credit size bucket. When it comes to the spreads of origination and the size of the transactions, the new sweet spot for Amerant are transactions typically close to the $30 million.

Carlos Iafigliola

That would be kind of the max that we're trying to keep our sweet spot. Obviously, we're increasing granularity, which is something that we have been working a lot on over the past few months. If you look at the average balance size of the loans nowadays compared to 2025, there has been an improvement. We are doing just the $30 million or $35 million in very specific cases whenever there is a top-tier customer or when there is a very solid and stable type of property or project that we believe in, and there are a few exceptions that we're doing for those types of transactions. Typically, what we're fostering is a granularity across the portfolio.

Carlos Iafigliola

When it comes to the spreads, as I mentioned before, very competitive, especially in the credit box that we're taking when you're playing on the stabilized territory, when you're playing on industries that the projections are very predictable. You are getting into the territory of more tighter credit spreads. Shary, I'm not sure if you want to.

Sharymar Calderón

No, yeah. Production and growth, the way we're expecting it is primarily on the C&I side. To a lesser extent, some on the residential portfolio. On the CRE side, as Carlos was saying, we're going to be very selective as to which segments within CRE we would be working with. As Carlos was mentioning, we have some offsets happening to that production related to the strategic exits and credit optimization. Expectation overall would be C&I space.

Russell Gunther

Got it. Okay. Thank you both. Within your margin guide, are you assuming anything out of the Fed from a rate hike perspective? If so, how is that contemplated in the guide?

Sharymar Calderón

Yeah. No rate hikes, no drops either that would cause anything significant, at least through December of this year. Projections are based on the loan pipeline and production that we have, and that we're estimating, and also the low-cost funding inflows that we're expecting through the end of the year.

Russell Gunther

Got it. Okay. Thank you. Last one for me on the expenses. Appreciate the update and lower exit run rates for this year. You mentioned crossing $10 billion in assets. I wonder if the cost associated with that and non-interest expense is contemplated in the guide, or might some of that spill into 2027? As we think about Amerant moving into next year with whatever franchise investment you may be considering, what type of growth rate or normalized growth rate expectation should we contemplate for expenses next year?

Carlos Iafigliola

Great question. I believe most of the investments that were related to crossing the $10 billion were already factoring into our run rate. As you probably remember, last year, there were a couple of instances that we crossed. We are already utilizing or setting aside or part of our run rate is already the elements that took us a hold of the $10 billion. We don't anticipate incremental expenses to be ready for that. There have been amendment if whenever that happened, which we anticipate is the second half of 2027, that wouldn't be significant for Amerant.

Sharymar Calderón

To complement that, several periods ago, we completed a readiness assessment of crossing the $10 billion threshold from both a compliance and a risk management standpoint. The expenses or the investments that typically you see for an organization that's crossing the $10 billion threshold are embedded into the figures that we are providing from a guidance standpoint. Going into 2027, as Carlos was saying, yes, we expect some slight investments associated to technology. At the same time, we have built the offsets to be able to maintain the run rate at the levels where we see them in Q4.

Russell Gunther

Okay. Excellent. Thank you both for taking my question.

Carlos Iafigliola

Of course. Thank you.

Sharymar Calderón

Thank you.

Operator

Our next question comes from the line of Cole Martin with Raymond James. Please proceed with your questions.

Cole Martin

Hey, good morning. Thank you for taking my questions.

Sharymar Calderón

Good morning.

Cole Martin

Just on the 1% ROA target, I was hoping you could talk a bit more about your NIM and NII expectations, both going into 4Q 2026 and also 2027.

Carlos Iafigliola

Shary will take that.

Sharymar Calderón

Yeah, sure. As we think about the NII, a portion of this is related to scale, right? We have invested and spent efforts into making sure we optimize our expense structure, and now we see the benefits out of that. We're focusing now on the NII side from a revenue perspective and what scale can provide. Having access and having inflows from low-cost deposits and being able to redeploy them into high-quality assets provide the necessary contribution to NII to get to that 1% ROA. The inflows as they relate to the deposit accounts are expected to continue in upcoming periods. It's something that will allow us to continue to improve both the efficiency ratio and the ROA.

Carlos Iafigliola

I guess one of the critical points for the ROA is the incremental low-cost deposits that we're expecting. That we have been having big part of 2026 through the rest of this year. That blended rate will definitely help us to keep up with the financial margin.

Sharymar Calderón

Exactly.

Cole Martin

Okay, great. Thank you. Also just on capital, I was hoping you could talk a bit more about how you're going to balance loan growth versus future repurchases moving forward. I guess also the implications of accelerating deposit growth with that. Thank you.

Carlos Iafigliola

Yeah. Great question. Our CET1 close to 12% for quarter end. We believe, and internally we have been doing a lot of analysis, is very strong. We run stress tests all the time to analyze what could be the potential impact on a stress scenario to that CET1, which still after those shocks, shows a very strong number. We will continue to use our buyback, which I believe we have approximately $6 million left. We still believe that there is a big opportunity with the way that we're trading to add value to the shareholders. Obviously after doing all our capital sufficiency analysis, we believe that there is still opportunity for Amerant to be opportunistic and return value to shareholders.

Cole Martin

Great. Thank you.

Operator

Thank you. At this time, I'll turn the floor back to management for closing comments.

Carlos Iafigliola

Thank you so much for connecting to today's call. Have a great day.

Operator

Thank you. Ladies and gentlemen, thank you for your participation. This does conclude today's teleconference. You may disconnect your lines at this time, and have a wonderful day.

Investor releaseQuarter not tagged2026-07-23

Amerant Reports Second Quarter 2026 Results

Business Wire
CORAL GABLES, Fla., July 23, 2026--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (the "Company" or "Amerant") today reported net income attributable to the Company of $21.0 million in the second quarter of 2026, or $0.53 earnings per diluted share, compared to net income of $17.9 million, or $0.44 earnings per diluted share, in the first quarter of 2026. "We delivered a strong second quarter, with net income increasing to $21.0 million, or $0.53 per diluted share, supported by continued balance sheet growth, solid deposit generation and disciplined expense management," said Carlos Iafigliola, President and Chief Executive Officer. "Importantly, core deposits grew 9.4% from the prior quarter, particularly in non-interest bearing deposits, and profitability improved, with ROA and ROE increasing to 0.84% and 9.23%, respectively. We also continued to make progress on credit, with classified loans declining meaningfully, while maintaining strong capital levels and returning capital to shareholders through our share repurchase activity and quarterly dividend. These results reflect the ongoing execution of our strategic priorities and the strength of our franchise." Below are the results for 2Q26 and their comparison to 1Q26: Total assets were $10.3 billion, up by $390.7 million, or 3.9%, compared to $9.9 billion. Total gross loans, which includes all loans held for sale, were $6.9 billion, up by $111.8 million, or 1.7%, compared to $6.8 billion. Cash and cash equivalents were $301.1 million, up by $112.4 million, or 59.6%, compared to $188.7 million. Total investments were $2.6 billion, up by $177.5 million, or 7.3%, compared to $2.4 billion. Total deposits were $8.4 billion, up by $416.2 million, or 5.2%, compared to $7.9 billion. Core deposits were $6.4 billion, up by $552.6 million, or 9.4%, compared to $5.9 billion. Total advances from the Federal Home Loan Bank ("FHLB") were $702.6 million, down by $29.7 million, or 4.0%, compared to $732.3 million. Net Interest Margin ("NIM") was 3.52%, compared to 3.55%. Average yield on loans was 6.22%, compared to 6.38%. Average cost of total deposits was 2.21%, compared to 2.31%. Loan to deposit ratio was 82.17%, compared to 85.07%. Asset Quality and Allowance for Credit Losses ("ACL"): Assets Under Management and custody ("AUM") totaled $3.37 billion, down by $52.8 million, or 1.5% from $3.42 billion. Pre-tax pre-p…Read full document

CORAL GABLES, Fla., July 23, 2026--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (the "Company" or "Amerant") today reported net income attributable to the Company of $21.0 million in the second quarter of 2026, or $0.53 earnings per diluted share, compared to net income of $17.9 million, or $0.44 earnings per diluted share, in the first quarter of 2026. "We delivered a strong second quarter, with net income increasing to $21.0 million, or $0.53 per diluted share, supported by continued balance sheet growth, solid deposit generation and disciplined expense management," said Carlos Iafigliola, President and Chief Executive Officer. "Importantly, core deposits grew 9.4% from the prior quarter, particularly in non-interest bearing deposits, and profitability improved, with ROA and ROE increasing to 0.84% and 9.23%, respectively. We also continued to make progress on credit, with classified loans declining meaningfully, while maintaining strong capital levels and returning capital to shareholders through our share repurchase activity and quarterly dividend. These results reflect the ongoing execution of our strategic priorities and the strength of our franchise." Below are the results for 2Q26 and their comparison to 1Q26: Total assets were $10.3 billion, up by $390.7 million, or 3.9%, compared to $9.9 billion. Total gross loans, which includes all loans held for sale, were $6.9 billion, up by $111.8 million, or 1.7%, compared to $6.8 billion. Cash and cash equivalents were $301.1 million, up by $112.4 million, or 59.6%, compared to $188.7 million. Total investments were $2.6 billion, up by $177.5 million, or 7.3%, compared to $2.4 billion. Total deposits were $8.4 billion, up by $416.2 million, or 5.2%, compared to $7.9 billion. Core deposits were $6.4 billion, up by $552.6 million, or 9.4%, compared to $5.9 billion. Total advances from the Federal Home Loan Bank ("FHLB") were $702.6 million, down by $29.7 million, or 4.0%, compared to $732.3 million. Net Interest Margin ("NIM") was 3.52%, compared to 3.55%. Average yield on loans was 6.22%, compared to 6.38%. Average cost of total deposits was 2.21%, compared to 2.31%. Loan to deposit ratio was 82.17%, compared to 85.07%. Asset Quality and Allowance for Credit Losses ("ACL"): Assets Under Management and custody ("AUM") totaled $3.37 billion, down by $52.8 million, or 1.5% from $3.42 billion. Pre-tax pre-provision net revenue ("PPNR")(1) was $31.9 million, up by $1.1 million, or 3.6%, compared to PPNR of $30.7 million. Net Interest Income ("NII") was $82.6 million, up by $2.3 million, or 2.9%, from $80.3 million. Provision for credit losses was $4.8 million, down by $3.1 million, or 39.1%, compared to $7.8 million. Noninterest income was $18.2 million, up by $0.8 million, or 4.5%, from $17.4 million. Noninterest expense was $68.9 million, up by $2.0 million, or 2.9%, from $66.9 million. The efficiency ratio was 68.37%, compared to 68.52%. Return on average assets ("ROA") was 0.84%, compared to 0.73%. Return on average equity ("ROE") was 9.23%, compared to 7.63%. The Company repurchased an aggregate of 690,000 shares of Class A common stock at a weighted average price of $23.29 per share, or 1.02x of Tangible Book Value ("TBV")(1) and 1.00x of book value per share. The aggregate purchase price for these transactions was approximately $16.1 million. On July 22, 2026, the Company’s Board of Directors declared a cash dividend of $0.09 per share of common stock. The dividend is payable on August 28, 2026, to shareholders of record on August 14, 2026. Additional details on the second quarter 2026 results can be found in the Exhibits and Glossary of Terms and Definitions to this earnings release, and the earnings presentation available under the Investor Relations section of the Company’s website at https://investor.amerantbank.com. See Glossary of Terms and Definitions for definitions of financial terms. (1) Non-GAAP measure, see "Non-GAAP Financial Measures" for more information and Exhibit 2 for a reconciliation to GAAP measures. Second Quarter 2026 Earnings Conference Call The Company will hold an earnings conference call on Friday, July 24, 2026, at 9:00 a.m. (Eastern Time) to discuss its second quarter 2026 results. The conference call and presentation materials can be accessed via webcast by logging on from the Investor Relations section of the Company’s website at https://investor.amerantbank.com. The online replay will remain available for approximately one month following the call through the above link. About Amerant Bancorp Inc. (NYSE: AMTB) Amerant Bancorp Inc. is a bank holding company headquartered in Coral Gables, Florida, since 1979. The Company operates through its main subsidiary, Amerant Bank, N.A. (the "Bank"), as well as its other subsidiary Amerant Investments, Inc. The Company provides individuals and businesses with deposit, credit and wealth management services. The Bank, which has operated for over 45 years, is headquartered in Florida and has a network of 23 banking centers – 21 in South Florida and 2 in Tampa, Florida. For more information, visit investor.amerantbank.com. Cautionary Notice Regarding Forward-Looking Statements This press release contains "forward-looking statements" including statements with respect to the Company’s objectives, expectations and intentions and other statements that are not historical facts. Examples of forward-looking statements include but are not limited to: our future operating or financial performance, including revenues, expenses, expense savings, income or loss and earnings or loss per share, and other financial items; statements regarding expectations, plans or objectives for future operations, products or services, and our expectations on loan recoveries, or reaching positive resolutions on problem loans, or significantly reducing special mention and/or non-performing loans. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target," "goals," "outlooks," "modeled," "dedicated," "create," and other similar words and expressions of the future. Forward-looking statements, including those relating to our beliefs, plans, objectives, goals, expectations, anticipations, estimates and intentions, involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the Company’s actual results, performance, achievements, or financial condition to be materially different from future results, performance, achievements, or financial condition expressed or implied by such forward-looking statements. You should not rely on any forward-looking statements as predictions of future events. You should not expect us to update any forward-looking statements, except as required by law. All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, together with those risks and uncertainties described in "Risk factors" in our annual report on Form 10-K for the fiscal year ended December 31, 2025, filed on February 27, 2026 ("the 2025 Form 10-K"), in our quarterly report on Form 10-Q for the quarter ended March 31, 2026, filed on May 1, 2026, and in our other filings with the U.S. Securities and Exchange Commission (the "SEC"), which are available at the SEC’s website www.sec.gov. Interim Financial Information Unaudited financial information as of and for interim periods, including the three and six month periods ended June 30, 2026, and 2025, and the three month periods ended March 31, 2026, December 31, 2025, and September 30, 2025, may not reflect our results of operations for our fiscal year ending, or financial condition, as of December 31, 2026, or any other period of time or date. Non-GAAP Financial Measures The Company supplements its financial results that are determined in accordance with accounting principles generally accepted in the United States of America ("GAAP") with non-GAAP financial measures, such as "pre-tax pre-provision net revenue (PPNR)", "tangible common equity ratio", and "tangible stockholders’ equity (book value) per common share". This supplemental information is not required by, or is not presented in accordance with GAAP. The Company refers to these financial measures and ratios as "non-GAAP financial measures". We use certain non-GAAP financial measures, including those mentioned above, both to explain our results to shareholders and the investment community and in the internal evaluation and management of our business. Management believes that these supplementary non-GAAP financial measures and the information they provide are useful to investors since these measures permit investors to view our performance using the same tools that our management uses to evaluate our past performance and prospects for future performance. While we believe that these non-GAAP financial measures are useful in evaluating our performance, this information should be considered as supplemental and not as a substitute for or superior to the related financial information prepared in accordance with GAAP. Additionally, these non-GAAP financial measures may differ from similar measures presented by other companies. Exhibit 2 reconciles these non-GAAP financial measures to GAAP reported results. Beginning in the first quarter of 2026, the Company reviewed and updated its use of non‑GAAP financial measures and now presents a limited set of metrics that management uses to evaluate performance and make operating decisions. As part of this update, the Company discontinued the presentation of "Core PPNR", "core noninterest income", "core noninterest expense", "core net income", "core earnings per share (basic and diluted)", "core return on assets (Core ROA)", "core return on equity (Core ROE)", and "core efficiency ratio" as management determined these measures are no longer primary metrics used internally. This change does not reflect any change in the Company’s underlying business, operations, or GAAP financial results. Exhibit 1- Selected Financial Information The following table sets forth selected financial information derived from our interim unaudited and annual audited consolidated financial statements. (1) See Glossary of Terms and Definitions for definitions of financial terms. (2) In all periods shown, includes reserves on loans and contingent loans. The (reversal of) provision for unfunded commitments (contingencies) in the second and first quarter of 2026, and fourth, third and second quarters of 2025, were ($1.0 million), $1.1 million, $0.7 million, ($0.7 million) and $2.5 million, respectively. (3) Non-GAAP measure. See "Non-GAAP Financial Measures" for more information and Exhibit 2 for a reconciliation to GAAP. (4) See 2025 Form 10-K for more information on potential dilutive instruments and their impact on diluted earnings per share computation. (5) In all periods shown, the Company’s Board of Directors declared and paid cash dividends of $0.09 per share of the Company’s common stock. In connection with these dividends, the Company paid an aggregate amount of $3.6 million in the second quarter, $3.7 million in the first quarter of 2026 and fourth quarter of 2025, and $3.8 million per quarter in all other periods. (6) Operating data for the periods presented have been annualized. Exhibit 2- Non-GAAP Financial Measures Reconciliation The following tables set forth selected financial information derived from the Company’s interim unaudited and annual audited consolidated financial statements, adjusted for certain items, including the provision for credit losses, income taxes and goodwill and other intangible assets. The Company believes these adjusted numbers are useful to understand the Company’s performance and underlying trends. (1) Includes provision for credit losses on loans and provision for loan contingencies. (2) As of June 30, 2026, other intangible assets primarily consist of naming rights. In prior periods, also includes mortgage servicing rights ("MSRs"). Other intangible assets are included in other assets in the Company’s consolidated balance sheets. Exhibit 3- Average Balance Sheet, Interest and Yield/Rate Analysis The following tables present average balance sheet information, interest income, interest expense and the corresponding average yields earned and rates paid for the periods presented. The average balances for loans include both performing and non-performing balances. Interest income on loans includes the effects of discount accretion and the amortization of non-refundable loan origination fees, net of direct loan origination costs, accounted for as yield adjustments. Average balances represent the daily average balances for the periods presented. (1) Includes loans held for investment net of the allowance for credit losses, and loans held for sale. Non-performing loans are included in the total loan portfolio balances. (2) Includes the average balance of net unrealized gains and losses in the fair value of debt securities available for sale. (3) Includes nontaxable securities with average balances of $51.9 million, $52.9 million and $53.9 million for the three months ended June 30, 2026, March 31, 2026, and June 30, 2025, respectively, and $52.7 million and $54.6 million in the six months ended June 30, 2026, and 2025, respectively. The tax equivalent yield for these nontaxable securities was 4.70%, 4.48%, and 4.81% for the three months ended June 30, 2026, March 31, 2026, and June 30, 2025, respectively, and 4.66% and 4.75% in the six months ended June 30, 2026, and 2025. In 2026 and 2025, the tax equivalent yields were calculated assuming a 21% tax rate and dividing the actual yield by 0.79. (4) Deposits with banks in this table include time deposits with banks maturing in more than three months that are not considered cash and cash equivalents in the Company's consolidated balance sheet. (5) Excludes the allowance for credit losses. (6) To emphasize material items, certain line items previously presented separately in prior periods have been aggregated into a single line item in this table. This includes interest-bearing demand, savings, and money market deposits. The presentation for the three and six months ended June 30, 2025, has been conformed accordingly for comparability. (7) See Glossary of Terms and Definitions for definitions of financial terms. Exhibit 4- Noninterest Income This table shows the amounts of each of the categories of noninterest income for the periods presented. (1) Changes in cash surrender value of BOLI are not taxable. (2) In the three and six months ended June 30, 2026, includes realized gains on the sale of debt securities available for sale of $0.4 million and $0.9 million, respectively. In the three and six months ended June 30, 2025, amounts are primarily in connection with gains on market valuation of trading securities. (3) Income from interest rate swaps and other derivative transactions with customers. (4) In the three and six months ended June 30, 2025, includes net unrealized losses in connection with TBA MBS derivative contracts. (5) Other sources of income in the periods shown include foreign currency exchange transactions with customers, mortgage banking income and loss and other smaller revenue streams. Exhibit 5- Noninterest Expense This table shows the amounts of each of the categories of noninterest expense for the periods presented. (1) Includes losses on sale and valuation allowance provisions and releases on losses on loans held for sale. (2) For a detailed discussion of the key components of other operating expenses, see the Company’s Form 10-K for the year ended December 31, 2025. (3) Loan-level derivative expenses previously presented separately for the three months ended March 31, 2026, and the three and six-month periods ended June 30, 2025, have been reclassified and are now included in this category. Exhibit 6- Consolidated Balance Sheets (1) As of June 30, 2026, March 31, 2026, and December 31, 2025, includes valuation allowances of $2.7 million, $3.4 million and $13.8 million, respectively. (2) In the first quarter of 2026, the Company early adopted ASU 2025‑08, which expands the use of the gross‑up approach for certain purchased loans and eliminates Day 1 credit loss expense. As a result, in the second and first quarters of 2026, the Company recorded an allowance for credit losses of $1.9 million and $0.5 million, respectively, on approximately $149.5 million and $36.8 million of acquired loans, respectively, with no day 1 impact to earnings. (3) Consists of total long-term lease liabilities. Total short-term lease liabilities are included in other liabilities. Exhibit 7- Loans Loans by Type - Held For Investment The loan portfolio held for investment consists of the following loan classes: Loans by Type - Held For Sale The loan portfolio held for sale consists of the following loan classes: Non-Performing Assets This table shows a summary of our non-performing assets by loan class, which includes non-performing loans, other real estate owned, or OREO, and other repossessed assets at the dates presented. Non-performing loans consist of (i) nonaccrual loans, and (ii) accruing loans 90 days or more contractually past due as to interest or principal. (1) At December 31, 2025, balances included $16.2 million in land development and construction loans held for sale, which were sold in January 2026. There were no loans both classified as held for sale and in non-performing status in any of the other periods shown. (2) Loans past due 90 days or more but still accruing. Loans by Credit Quality Indicators This table shows the Company’s loans by credit quality indicators. The Company has not purchased credit-deteriorated loans. (1) There were no loans categorized as "loss" as of the dates presented. Exhibit 8- Deposits by Country of Domicile This table shows the Company’s deposits by country of domicile of the depositor as of the dates presented. Glossary of Terms and Definitions Assets under management and custody: consists of assets held for clients in an agency or fiduciary capacity which are not assets of the Company and therefore are not included in the consolidated financial statements. Common equity tier 1 capital ratio, CET1: Tier 1 capital divided by total risk-weighted assets. Core deposits: consist of total deposits excluding all time deposits. Cost of total deposits: calculated based upon the average balance of total noninterest bearing and interest bearing deposits, which includes time deposits. Efficiency ratio: total noninterest expense divided by the sum of noninterest income and NII. FTEs: full-time equivalent employees. Loans to Deposits ratio: calculated as the ratio of total gross loans divided by total deposits. Net interest margin, or NIM: defined as net interest income, or NII, divided by average interest-earning assets, which are loans, securities, deposits with banks and other financial assets which yield interest or similar income. Non-performing assets include all accruing loans past due by 90 days or more, all nonaccrual loans and other real estate owned ("OREO") properties acquired through or in lieu of foreclosure, and other repossessed assets. Non-performing loans include all accruing loans past due by 90 days or more and all nonaccrual loans. Other operating expenses: total noninterest expense less salary and employee benefits. Ratio for net charge-offs/average total loans held for investments: calculated based upon the average daily balance of outstanding loan principal balance net of unamortized deferred loan origination fees and costs, excluding the allowance for credit losses. ROA is calculated based upon the average daily balance of total assets. ROE is calculated based upon the average daily balance of stockholders’ equity. Tangible common equity ratio: calculated as the ratio of common equity less goodwill and other intangibles divided by total assets less goodwill and other intangible assets. Other intangible assets primarily consist of naming rights and mortgage servicing rights and are included in other assets in the Company’s consolidated balance sheets. The terms of the FHLB advance agreements require the Bank to maintain certain investment securities or loans as collateral for these advances. Tier 1 capital: Tier 1 capital is composed of Common Equity Tier 1 (CET1) capital plus outstanding qualifying trust preferred securities of $62.3 million at each of all the dates presented. Tier 1 leverage ratio: Tier 1 capital divided by quarter to date average assets. Total capital ratio: total stockholders’ equity divided by total risk-weighted assets, calculated according to the standardized regulatory capital ratio calculations. Total gross loans: consists of the principal balance of outstanding loans, including loans held for investment, loans held for sale at the lower of cost or fair value, and mortgage loans held for sale, net of unamortized deferred nonrefundable loan origination fees and loan origination costs, unamortized premiums paid on purchased loans and the unamortized balance of initial allowance for credit losses on purchased seasoned loans. Total revenue is the result of net interest income before provision for credit losses plus noninterest income. View source version on businesswire.com: https://www.businesswire.com/news/home/20260723680077/en/ Contacts InvestorsLaura [email protected] (305) 460-8728 MediaAlexis [email protected] (305) 441-8412

Investor releaseQuarter not tagged2026-07-23

Amerant Bancorp Inc. (AMTB) Tops Q2 Earnings and Revenue Estimates

Zacks
Amerant Bancorp Inc. (AMTB) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.57 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +29.27%. A quarter ago, it was expected that this company would post earnings of $0.43 per share when it actually produced earnings of $0.44, delivering a surprise of +2.33%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Amerant Bancorp, which belongs to the Zacks Banks - Southeast industry, posted revenues of $100.74 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.19%. This compares to year-ago revenues of $110.26 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Amerant Bancorp shares have added about 30.5% since the beginning of the year versus the S&P 500's gain of 9.6%. While Amerant Bancorp has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Amerant Bancorp was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zack…Read full document

Amerant Bancorp Inc. (AMTB) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.57 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +29.27%. A quarter ago, it was expected that this company would post earnings of $0.43 per share when it actually produced earnings of $0.44, delivering a surprise of +2.33%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Amerant Bancorp, which belongs to the Zacks Banks - Southeast industry, posted revenues of $100.74 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.19%. This compares to year-ago revenues of $110.26 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Amerant Bancorp shares have added about 30.5% since the beginning of the year versus the S&P 500's gain of 9.6%. While Amerant Bancorp has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Amerant Bancorp was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.45 on $99.39 million in revenues for the coming quarter and $1.79 on $396.05 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Southeast is currently in the top 31% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Mechanics Bank (MCHB), another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on July 29. This real estate lender is expected to post quarterly earnings of $0.25 per share in its upcoming report, which represents a year-over-year change of +256.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Mechanics Bank's revenues are expected to be $198.3 million, up 304.9% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amerant Bancorp Inc. (AMTB) : Free Stock Analysis Report Mechanics Bancorp (MCHB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Investor releaseQuarter not tagged2026-07-23

Amerant Bancorp Q2 Earnings, Revenue Fall

MT Newswires

Amerant Bancorp (AMTB) reported late Thursday Q2 earnings of $0.53 per diluted share, down from $0.5

Investor releaseQuarter not tagged2026-07-22

Chemung Financial (CHMG) Q2 Earnings and Revenues Top Estimates

Zacks
Chemung Financial (CHMG) came out with quarterly earnings of $1.82 per share, beating the Zacks Consensus Estimate of $1.7 per share. This compares to earnings of $1.31 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +7.06%. A quarter ago, it was expected that this financial holding company would post earnings of $1.63 per share when it actually produced earnings of $1.91, delivering a surprise of +17.18%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Chemung Financial, which belongs to the Zacks Banks - Southeast industry, posted revenues of $31.17 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.24%. This compares to year-ago revenues of $10.1 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Chemung Financial shares have added about 37.5% since the beginning of the year versus the S&P 500's gain of 9.7%. While Chemung Financial has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Chemung Financial was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete lis…Read full document

Chemung Financial (CHMG) came out with quarterly earnings of $1.82 per share, beating the Zacks Consensus Estimate of $1.7 per share. This compares to earnings of $1.31 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +7.06%. A quarter ago, it was expected that this financial holding company would post earnings of $1.63 per share when it actually produced earnings of $1.91, delivering a surprise of +17.18%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Chemung Financial, which belongs to the Zacks Banks - Southeast industry, posted revenues of $31.17 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.24%. This compares to year-ago revenues of $10.1 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Chemung Financial shares have added about 37.5% since the beginning of the year versus the S&P 500's gain of 9.7%. While Chemung Financial has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Chemung Financial was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.71 on $32 million in revenues for the coming quarter and $6.75 on $125.8 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Southeast is currently in the top 32% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Amerant Bancorp Inc. (AMTB), another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on July 23. This company is expected to post quarterly earnings of $0.41 per share in its upcoming report, which represents a year-over-year change of -28.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Amerant Bancorp Inc.'s revenues are expected to be $98.58 million, down 10.6% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Chemung Financial Corp (CHMG) : Free Stock Analysis Report Amerant Bancorp Inc. (AMTB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Investor releaseQuarter not tagged2026-07-21

National Bank Holdings (NBHC) Q2 Earnings and Revenues Miss Estimates

Zacks
National Bank Holdings (NBHC) came out with quarterly earnings of $0.78 per share, missing the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -6.02%. A quarter ago, it was expected that this holding company for NBH Bank would post earnings of $0.59 per share when it actually produced earnings of $0.72, delivering a surprise of +22.03%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. National Bank Holdings, which belongs to the Zacks Banks - Southeast industry, posted revenues of $131.3 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 2.89%. This compares to year-ago revenues of $104.47 million. The company has not been able to beat consensus revenue estimates over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. National Bank Holdings shares have added about 20.4% since the beginning of the year versus the S&P 500's gain of 8.7%. While National Bank Holdings has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for National Bank Holdings was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near futur…Read full document

National Bank Holdings (NBHC) came out with quarterly earnings of $0.78 per share, missing the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -6.02%. A quarter ago, it was expected that this holding company for NBH Bank would post earnings of $0.59 per share when it actually produced earnings of $0.72, delivering a surprise of +22.03%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. National Bank Holdings, which belongs to the Zacks Banks - Southeast industry, posted revenues of $131.3 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 2.89%. This compares to year-ago revenues of $104.47 million. The company has not been able to beat consensus revenue estimates over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. National Bank Holdings shares have added about 20.4% since the beginning of the year versus the S&P 500's gain of 8.7%. While National Bank Holdings has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for National Bank Holdings was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.90 on $139.7 million in revenues for the coming quarter and $3.51 on $546.6 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Southeast is currently in the top 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, Amerant Bancorp Inc. (AMTB), has yet to report results for the quarter ended June 2026. The results are expected to be released on July 23. This company is expected to post quarterly earnings of $0.41 per share in its upcoming report, which represents a year-over-year change of -28.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Amerant Bancorp Inc.'s revenues are expected to be $98.58 million, down 10.6% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report National Bank Holdings Corporation (NBHC) : Free Stock Analysis Report Amerant Bancorp Inc. (AMTB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Investor releaseQuarter not tagged2026-07-21

MSCI Q2 Earnings Surpass Estimates, Revenues Increase Year over Year

Zacks
MSCI MSCI reported second-quarter 2026 adjusted earnings of $4.94 per share, up 18.5% year over year. The figure beat the Zacks Consensus Estimate by 0.82%.Revenues increased 12.2% year over year to $867 million and surpassed the consensus mark by 0.90%. Growth reflected higher recurring subscription revenues and asset-based fees. The retention rate improved to 95.3%, while period-end AUM in ETFs linked to MSCI equity indexes reached $2.818 trillion.Recurring subscription revenues rose 9% year over year to $613.4 million. Asset-based fees advanced 26.6% to $233.1 million, benefiting from higher AUM in ETFs and non-ETF indexed funds linked to MSCI indexes. Non-recurring revenues declined 20.5% to $20.5 million. In second-quarter 2026, Index revenues of $511 million increased 17.5% year over year. Recurring subscriptions and asset-based fees rose 11.6% and 26.6% on a year-over-year basis, respectively. Non-recurring revenues slipped 1.3% year over year. Organically, Index’s operating revenue growth was 17.5%. MSCI Inc price-consensus-eps-surprise-chart | MSCI Inc Quote The segment’s adjusted EBITDA rose 20.5% to $397.8 million, and its margin expanded to 77.8% from 75.9%. Index run rate reached $2.027 billion, up 17.4%, supported by market-cap-weighted and custom index products across client segments and regions.Analytics’ operating revenues of $189.4 million increased 6.6% year over year, aided by growth in Equity Analytics and Multi-Asset Class products. Recurring subscription revenues jumped 9.5% and non-recurring revenues decreased 55.7% on a year-over-year basis. Organically, Analytics’ operating revenue growth was 7%. However, adjusted EBITDA fell 5% to $88 million as expenses grew faster than revenues. The segment’s margin contracted to 46.5% from 52.1%.Sustainability and Climate revenues rose 3.4% to $91.9 million, while adjusted EBITDA increased 12.3%. While recurring subscriptions increased 4% year over year, non-recurring revenues declined 26.3% on a year-over-year basis. Organically, Sustainability and Climate operating revenue growth was 3%. The segment’s adjusted EBITDA rose 12.3% to $35.6 million, and its margin expanded to 38.7% from 35.6%.All Other – Private Assets operating revenues, which primarily comprise the Real Assets operating segment and the Private Capital Solutions, were $74.7 million, up 4.9% year over year. Organic operating reven…Read full document

MSCI MSCI reported second-quarter 2026 adjusted earnings of $4.94 per share, up 18.5% year over year. The figure beat the Zacks Consensus Estimate by 0.82%.Revenues increased 12.2% year over year to $867 million and surpassed the consensus mark by 0.90%. Growth reflected higher recurring subscription revenues and asset-based fees. The retention rate improved to 95.3%, while period-end AUM in ETFs linked to MSCI equity indexes reached $2.818 trillion.Recurring subscription revenues rose 9% year over year to $613.4 million. Asset-based fees advanced 26.6% to $233.1 million, benefiting from higher AUM in ETFs and non-ETF indexed funds linked to MSCI indexes. Non-recurring revenues declined 20.5% to $20.5 million. In second-quarter 2026, Index revenues of $511 million increased 17.5% year over year. Recurring subscriptions and asset-based fees rose 11.6% and 26.6% on a year-over-year basis, respectively. Non-recurring revenues slipped 1.3% year over year. Organically, Index’s operating revenue growth was 17.5%. MSCI Inc price-consensus-eps-surprise-chart | MSCI Inc Quote The segment’s adjusted EBITDA rose 20.5% to $397.8 million, and its margin expanded to 77.8% from 75.9%. Index run rate reached $2.027 billion, up 17.4%, supported by market-cap-weighted and custom index products across client segments and regions.Analytics’ operating revenues of $189.4 million increased 6.6% year over year, aided by growth in Equity Analytics and Multi-Asset Class products. Recurring subscription revenues jumped 9.5% and non-recurring revenues decreased 55.7% on a year-over-year basis. Organically, Analytics’ operating revenue growth was 7%. However, adjusted EBITDA fell 5% to $88 million as expenses grew faster than revenues. The segment’s margin contracted to 46.5% from 52.1%.Sustainability and Climate revenues rose 3.4% to $91.9 million, while adjusted EBITDA increased 12.3%. While recurring subscriptions increased 4% year over year, non-recurring revenues declined 26.3% on a year-over-year basis. Organically, Sustainability and Climate operating revenue growth was 3%. The segment’s adjusted EBITDA rose 12.3% to $35.6 million, and its margin expanded to 38.7% from 35.6%.All Other – Private Assets operating revenues, which primarily comprise the Real Assets operating segment and the Private Capital Solutions, were $74.7 million, up 4.9% year over year. Organic operating revenue growth for All Other – Private Assets was 4.4%. However, adjusted EBITDA fell 14.1% to $17.1 million. The segment’s margin contracted to 22.9% from 28%. New recurring subscription sales increased 1.9% year over year to $76.6 million. Subscription cancellations declined 7.3%, helping net new recurring subscription sales grow 8.4% to $47.5 million. Total net sales decreased 1.4% because of weaker non-recurring activity.Index net new recurring subscription sales surged 40.5% to $28.1 million. All Other – Private Assets also delivered a 57.5% increase. These gains were partly offset by declines in Analytics and Sustainability and Climate, where net new recurring subscription sales fell 24.3% and 62%, respectively. Total operating expenses increased 9.2% year over year to $379.5 million. The rise reflected higher information technology, market data, professional fees, occupancy and compensation costs. Expenses also included amounts related to the Compass, Vantager and PM Insights acquisitions.Operating income grew 14.6% to $487.5 million. The operating margin improved 120 basis points to 56.2%, while adjusted EBITDA advanced 13.5% to $538.5 million. The adjusted EBITDA margin widened 70 basis points to 62.1%, reflecting revenue growth that outpaced adjusted costs. As of June 30, 2026, cash and cash equivalents stood at $356.4 million, while total principal debt was $6.4 billion. The debt-to-adjusted EBITDA ratio was 3.1 times.Net cash provided by operating activities increased 10.3% year over year to $370.8 million. Free cash flow rose 8.2% to $326.4 million.MSCI repurchased $145 million of shares during the quarter and paid about $149.2 million in dividends. MSCI raised its full-year operating expense outlook to $1.535-$1.575 billion from $1.490-$1.530 billion. Adjusted EBITDA expense guidance increased to $1.340-$1.370 billion from $1.305-$1.335 billion, reflecting acquisitions, stronger index-linked AUM and additional growth investments.The company now expects net cash provided by operating activities of $1.655-$1.705 billion and free cash flow of $1.485-$1.545 billion. Interest expense is projected to be between $282 million and $286 million, while capital expenditures are anticipated to be in the range of $160-$170 million. MSCI currently carries a Zacks Rank #3 (Hold).Alerus Financial ALRS, Amerant Bancorp AMTB, and Axos Financial AX are some better-ranked stocks that investors can consider in the Finance sector. Each stock presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. Alerus Financial shares have gained 11.6% year to date. Alerus Financial is scheduled to release second-quarter 2026 results on July 29.Amerant Bancorp shares have rallied 17.9% year to date. Amerant Bancorp is set to report its second-quarter 2026 results on July 23.Axos Financial shares have plunged 27% year to date. Axos Financial is scheduled to release fourth-quarter fiscal 2026 results on July 30. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MSCI Inc (MSCI) : Free Stock Analysis Report AXOS FINANCIAL, INC (AX) : Free Stock Analysis Report Amerant Bancorp Inc. (AMTB) : Free Stock Analysis Report Alerus Financial (ALRS) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

As of 2026-08-01 • Updated weeklySource: Earnings sourceIngestion runbook