Amerant Reports Third Quarter 2026 Results
Key Highlights
- ➤Net income $25.7M, or $0.65 diluted EPS, rises from $21.0M in 2Q26
- ➤NII $90.5M, up 9.6%; NIM expands to 3.77% from 3.52%
- ➤Gross loans $7.1B, up 3.0%; total deposits decline 1.3% to $8.2B
- ➤Non-performing assets fall 14.5% to $159.5M; classified loans decrease 22.0%
- ➤PPNR $39.7M, up 24.6%; efficiency ratio improves to 63.51%
Expert Statements
Carlos Iafigliola, President and Chief Executive Officer of Amerant Bancorp Inc.
“Our third quarter results reflect meaningful progress in building a more profitable and resilient franchise.”
Carlos Iafigliola, President and Chief Executive Officer of Amerant Bancorp Inc.
“Stronger net interest income and disciplined expense management drove improved profitability, net interest margin expansion, and higher net income.”
Carlos Iafigliola, President and Chief Executive Officer of Amerant Bancorp Inc.
“We also achieved solid loan growth, continued to reduce non-performing assets and classified loans, and achieved a noninterest bearing deposit mix that better reflects the underlying strength of our deposit base.”
Carlos Iafigliola, President and Chief Executive Officer of Amerant Bancorp Inc.
“With a stronger foundation now in place, our focus is increasingly shifting toward enhancing franchise value and delivering sustainable returns for our shareholders.”
Amerant Bancorp Inc. (NYSE: AMTB) (the “Company” or “Amerant”) today reported net income attributable to the Company of $25.7 million in the third quarter of 2026, or $0.65 earnings per diluted share, compared to net income of $21.0 million, or $0.53 earnings per diluted share, in the second quarter of 2026.
"Our third quarter results reflect meaningful progress in building a more profitable and resilient franchise," said Carlos Iafigliola, President and Chief Executive Officer. "Stronger net interest income and disciplined expense management drove improved profitability, net interest margin expansion, and higher net income. We also achieved solid loan growth, continued to reduce non-performing assets and classified loans, and achieved a noninterest bearing deposit mix that better reflects the underlying strength of our deposit base. With a stronger foundation now in place, our focus is increasingly shifting toward enhancing franchise value and delivering sustainable returns for our shareholders."
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