Amerant Bancorp declares $0.09 per share quarterly dividend

CORAL GABLES, Fla. - Amerant Bancorp Inc. (NYSE:AMTB), a regional bank with a market capitalization of $840 million, announced Wednesday that its Board of Directors has declared a cash dividend of $0.09 per share on its common stock, representing a 1.8% annual yield at current prices.

The dividend will be payable on August 29, 2025, to shareholders of record as of August 15, 2025, according to a press release issued by the company. While the bank has faced recent profitability challenges, InvestingPro analysis indicates positive momentum ahead, with analysts forecasting earnings of $1.77 per share for fiscal year 2025.

Amerant Bancorp, headquartered in Coral Gables, Florida, operates primarily through its main subsidiary, Amerant Bank, N.A. The bank holding company provides deposit, credit, and wealth management services to individuals and businesses.

Amerant Bank has been operating for over 40 years and currently maintains 20 banking centers, with 19 locations in South Florida and one in Tampa.

In other recent news, Amerant Bancorp Inc. reported its first-quarter 2025 earnings, missing analyst expectations for earnings per share (EPS). The company posted an EPS of $0.28, which was below the anticipated $0.40. However, Amerant Bancorp exceeded revenue expectations, reporting $105.43 million compared to the forecasted $101.91 million. Additionally, the company announced an expansion of its stock repurchase program, with the Board of Directors approving an increase in the buyback authorization to up to $25 million of its Class A common stock. This repurchase program is set to run until December 31, 2025, and can be executed through various methods. In another development, Amerant Bancorp appointed Patricia "Patty" Morrison and Jack Kopnisky to its Board of Directors. Morrison brings a wealth of experience in technology leadership, having held positions at Cardinal Health, Motorola, and other major corporations. These updates reflect Amerant Bancorp’s recent strategic and financial maneuvers.

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