Piper Sandler analyst Stephen Scouten raised the firm’s price target on Amerant Bancorp (AMTB) to $26 from $25 and keeps an Overweight rating on the shares following quarterly results. The firm notes the company remains focused on delivering a 1% ROA in the second half of 2025, and was pleased to see a slowdown in growth, branch expansions and overall near-term aggressiveness as it works to clean-up the bank. Piper thinks this is a simple story, frankly, and all Amerant needs to do is clean-up credit and grow deposits, so hopefully this newfound patience persists.
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