Amerant Q2 FY26 net income rises 17.68% to $21.04 million; NII increases 2.9% to $82.58 million
Reuters2026/07/23 20:01By:Reuters
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- Amerant posted 2Q26 net income attributable to shareholders of USD 21 million, rising 17.69% from 1Q26; diluted EPS increased to USD 0.53 from USD 0.44.
- Net interest income climbed 2.9% to USD 82.58 million; net interest margin narrowed 0.03 percentage points to 3.52%.
- Total deposits rose 5.2% to USD 8.4 billion; core deposits jumped 9.4% to USD 6.4 billion, led by noninterest-bearing balances.
- Classified loans fell 14.7% to USD 273.1 million, primarily due to loan sales; non-performing assets edged down 2.6% to USD 186.6 million.
- Amerant repurchased 690,000 Class A shares for about USD 16.1 million; it declared a USD 0.09 quarterly dividend payable Aug. 28.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Amerant Bancorp Inc. published the original content used to generate this news brief on July 23, 2026, and is solely responsible for the information contained therein.
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