secwatch.observer — SEC 8-K summary
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Issuer:     Amerant Bancorp Inc. (AMTB)
CIK:        0001734342
Form:       8-K
Filed at:   2023-10-19T23:59:59+00:00
Accession:  0001734342-23-000066
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Amerant reports Q3 net income $22.1M ($0.66 EPS), up from $7.3M in Q2
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- Net income $22.1M ($0.66 diluted EPS) vs $7.3M ($0.22) in Q2; ROA 0.92% vs 0.31%.
- Deposits $7.55B down 0.4% but organic growth of $208M offset $292M institutional reduction.
- Net interest margin 3.57% vs 3.83% in Q2; PPNR $36.5M vs $38.3M.
- Non-performing assets fell 20.8% to $53.4M; allowance for credit losses $98.8M.
- Board declared $0.09 quarterly dividend payable Nov 30 to holders of record Nov 14.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1734342/000173434223000066/0001734342-23-000066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1734342/000173434223000066/amtb-20231019.htm
  HTML page:      https://secwatch.observer/filing/0001734342-23-000066

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer