secwatch.observer — SEC 8-K summary
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Issuer:     Amerant Bancorp Inc. (AMTB)
CIK:        0001734342
Form:       8-K
Filed at:   2024-01-24T23:59:59+00:00
Accession:  0001734342-24-000010
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Amerant Q4 2023 net loss $17.1M; $30M charge on CRE loan sale
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- Net loss of $17.1M ($0.51 diluted EPS) in Q4 2023 vs net income of $32.5M ($0.96 EPS) for full year.
- Recorded $30M pre-tax non-cash charge on sale of $401M Houston commercial real estate loans.
- Total deposits rose $325.7M to $7.9B (+4.3% QoQ); gross loans up $132.8M to $7.28B (+1.9% QoQ).
- Net interest margin improved to 3.72% from 3.57% in Q3 2023; pre-provision net revenue negative $7.6M.
- Board declared $0.09/share cash dividend payable Feb 29, 2024 to holders of record Feb 14.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1734342/000173434224000010/0001734342-24-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1734342/000173434224000010/amtb-20240124.htm
  HTML page:      https://secwatch.observer/filing/0001734342-24-000010

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