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Amerant Bancorp says loan transfer results in non-routine loss of $16M

In an Investor Credit Update slideshow shared in a regulatory filing, Amerant Bancorp (AMTB) notes that the company transferred approximately $94M from loans held for investment to loans held for sale. This transfer resulted in a non-routine loss of approximately $16M, inclusive of estimated transaction costs. The company expects to enter into agreements for the sale of these loans and to close the transactions in January 2026, which will result in a $94M reduction of classified loans.

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