Amerant Bancorp Reports Q1 2025 Financial Results

Amerant Bancorp Inc. Class A ( (AMTB) ) has released its Q1 earnings. Here is a breakdown of the information Amerant Bancorp Inc. Class A presented to its investors.

Amerant Bancorp Inc. is a bank holding company headquartered in Coral Gables, Florida, providing deposit, credit, and wealth management services primarily through its subsidiary, Amerant Bank, N.A., with a strong presence in South Florida.

In its first quarter of 2025 earnings report, Amerant Bancorp Inc. announced a net income of $12.0 million, or $0.28 per diluted share, reflecting a decrease from the previous quarter’s $16.9 million. The company highlighted solid deposit growth and strong pre-provision net revenue, despite a flat loan growth due to increased payoffs and paydowns.

Key financial metrics showed total assets increased by 2.7% to $10.2 billion, while total deposits grew by 3.8% to $8.2 billion. However, total gross loans slightly decreased by 0.7% to $7.2 billion. The company’s net interest margin remained steady at 3.75%, and the efficiency ratio improved to 67.9% from 74.9% in the previous quarter. Non-performing assets rose by 15.2% to $140.8 million, and the allowance for credit losses increased by 15.7% to $98.3 million.

Amerant Bancorp’s management remains cautiously optimistic about loan demand in the upcoming quarter, acknowledging potential borrower caution due to market volatility. The company continues to focus on strategic expansion and risk management, while also scaling back its residential mortgage operations to a Florida-focused model.

Looking ahead, Amerant Bancorp is poised to navigate the uncertainties of the financial landscape, leveraging its strong deposit base and strategic initiatives to drive growth and stability in its core markets.