Amerant Reports Third Quarter 2026 Results
Amerant Bancorp reported Q3 2026 net income of $25.7 million, or $0.65 diluted EPS, up from $21.0 million, or $0.53, in Q2. Profitability improved broadly: NIM expanded to 3.77% from 3.52%, net interest income rose 9.6% to $90.5 million, PPNR jumped 24.6% to $39.7 million, and ROE reached 11.29%. Credit quality also improved, with classified loans down 22% and non-performing assets down 14.5% QoQ, though special mention loans rose 10%. Capital actions included a $0.09/share dividend declared October 21, 70,592 shares repurchased at a weighted average $28.47, and a $50 million 7.00% senior notes offering completed September 17.
Key figures
- Eps
- 0.65
- Revenue Yoy
- 0
- Acl
- 94800000
- Aum
- 3450000000
- Nii
- 90500000
- Nim
- 3.77%
- Roa
- 1.00%
- Roe
- 11.29%
- Ppnr
- 39700000
- Nii qoq
- 9.6%
- Ppnr qoq
- 24.6%
- Net income
- 25716000
- Total assets
- 10200000000
- Total deposits
- 8200000000
- Classified loans
- 213000000
- Efficiency ratio
- 63.51%
- Buyback avg price
- 28.47
- Total gross loans
- 7100000000
- Dividend per share
- 0.09
- Shares repurchased
- 70592
- Senior notes issued
- $50.0 million at 7.00% due 2031
- Book value per share
- 21.49
- Nonperforming assets
- 159500000
- Provision for credit losses
- 6200000
- Tangible book value per share
- 20.94
AI analysis
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