---
schema_version: "secwatch.filing_event.v1"
accession: "0001734342-23-000047"
form_type: "8-K"
ticker: "AMTB"
cik: "0001734342"
company_name: "Amerant Bancorp Inc."
filed_at: "2023-07-20T23:59:59+00:00"
generated_at: "2026-06-13T05:40:09.959118+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Amerant Q2 net income falls to $7.3M ($0.22/diluted) from $20.2M; credit loss provision surges to $29.1M

## Summary
- Net income $7.3M vs $20.2M in Q1; diluted EPS $0.22 vs $0.60.
- Provision for credit losses $29.1M, up 148% from $11.7M, driven by charge-offs and economic factors.
- Non-performing assets rose 38% to $67.4M; allowance for credit losses increased 26% to $106.0M.
- Total deposits grew 4% to $7.58B, driven by $432M organic growth in commercial, consumer, and international banking.
- Board declared $0.09 quarterly dividend, payable Aug 31, 2023 to holders of record Aug 15.

## SEC filing metadata
- accession: 0001734342-23-000047
- form_type: 8-K
- ticker: AMTB
- cik: 0001734342
- company_name: Amerant Bancorp Inc.
- filed_at: 2023-07-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1734342/000173434223000047/0001734342-23-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1734342/000173434223000047/amtb-20230720.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001734342-23-000047
- JSON: https://secwatch.observer/filing/0001734342-23-000047.json
- Plain text: https://secwatch.observer/filing/0001734342-23-000047.txt

## Key facts
- Earnings Releases
  Amerant Bancorp Inc. reported the fiscal quarter ended June 30, 2023 results: net income $7.3 million, EPS $0.22 per diluted share.
  - Period: the fiscal quarter ended June 30, 2023
  - Net income: $7.3 million
  - EPS: $0.22 per diluted share
  - Result: reported results
  source text: Amerant Bancorp Inc. (NASDAQ: AMTB) (the “Company” or “Amerant”) today reported net income attributable to the Company of $7.3 million in the second quarter of 2023, or $0.22 per diluted share, compared to net income attributable to the Company of $20.2 million, or $0.60 per diluted share, in the first quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1734342/000173434223000047/0001734342-23-000047-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.