Amerant Bancorp Inc.

Summary based on the company’s Form 10‑K as of December 31, 2025.

Company profile

Bank holding company headquartered in Coral Gables, Florida.
Primary operating subsidiary: Amerant Bank, N.A., headquartered in Coral Gables.
Other principal subsidiary: Amerant Investments Inc., a broker‑dealer and investment adviser supporting related investment activities.

Retail and commercial banking: deposit products (checking, savings, CDs, money market), cash management, remote deposit capture, online and mobile banking, debit cards, and teller services.
Lending: consumer and commercial loans, including commercial real estate (CRE) and other commercial lending; mortgage-related services (Amerant Mortgage wind-down planned for H1 2026).
Wealth and fiduciary services: trust and estate planning, wealth management, and advisory services.
Investment and brokerage services: securities brokerage and investment advisory services provided through Amerant Investments; introduces brokerage to Pershing.
Commercial services: cross-sell of deposit and wealth products at loan origination, treasury management, and other business banking services.
Payments and deposit optimization: real-time payments capabilities (e.g., RTP) and participation in IntraFi reciprocal deposit programs (CDARS/ICS).
Investment access: customers have access to a broad set of asset managers and investment products through Amerant Investments.
International servicing: international client onboarding, servicing, and cross-border capabilities; offshore trust and administration historically supported by the Bank through a Cayman entity.

Total assets: $9.8 billion
Loans held for investment: $6.6 billion
Deposits: $7.8 billion
Shareholders’ equity: $938.8 million
Assets under management and custody (AUM): $3.3 billion
Banking centers: 22 in operation as of 12/31/2025; total reached 23 by early 2026 after a January 2026 opening (two centers opened in 2025; Bay Harbor Islands opened January 2026)
Full‑time equivalent employees: 694 at year‑end 2025
Headquarters and office footprint:
- Headquarters: ~177,000 sq ft in Coral Gables (substantial portions leased to tenants after a 2021 sale‑leaseback)
- Miramar Operations Center: ~56,500 sq ft
- Tampa regional office: 14,416 sq ft
- Plantation regional office: 12,702 sq ft
- West Palm Beach regional office with banking center: 5,172 sq ft

Domestic focus: customers in South Florida (Miami‑Dade, Broward, Palm Beach counties) and Tampa, supported by Florida banking centers and regional offices.
International/customer mix: serves select international customers; a meaningful portion of deposits and AUM come from non‑U.S. customers.
Venezuelan exposure:
- Approximately 24.5% of total deposits were from residents of Venezuela (about $1.9 billion) as of 12/31/2025.
- Total international loan exposure was $33.1 million, representing less than 1% of total loans.
- Venezuelan activity is a material component of the company’s funding and client mix.

Amerant Bank, N.A. — primary operating banking subsidiary.
Amerant Investments Inc. — FINRA member; SIPC; SEC‑registered investment adviser; provides brokerage and investment advisory services and introduces brokerage to Pershing.
CB Real Estate Investments (REIT) — holds the Bank’s real estate loans via REIT Hold Co. and CB Reit Holding Corp.
Elant Bank & Trust Ltd. — Cayman Islands bank and trust entity; plan to dissolve in 2026; fiduciary services historically transferred to the Bank.
Amerant Mortgage — wind‑down planned and expected during the first half of 2026; the Bank intends to pursue an in‑footprint mortgage strategy thereafter.

Leadership and organization: leadership transition with interim CEO appointment (Carlos Iafigliola) and board chair transition; new senior roles created including Chief Domestic Banking Officer, Chief International Banking Officer, and Chief Product Officer.
Cost and capacity actions: terminated certain advertising arrangements, sports partnerships, and third‑party loan origination agreements in Q4 2025 as part of strategic realignment.
Mortgage operations: wind‑down of Amerant Mortgage to be completed in H1 2026; mortgage activity shifted toward an in‑footprint model.
Technology and digital: core data processing platform modernization completed in 2023; ongoing enhancements to online/mobile banking, Zelle adoption, treasury management, and real‑time payments.
Branch and office expansion: opened multiple banking centers in 2025 (West Palm Beach, Downtown Tampa, Miami Beach), expanded Tampa and Miami footprints, and added regional office capacity in Broward County and West Palm Beach.
Capital and liquidity: maintains capital above regulatory minimums; CET1 and total risk‑based capital ratios at year‑end 2025 place the company and Bank in well‑capitalized status under applicable Basel III/US rules.

Talent and development: training hours and learning programs, partnership with LinkedIn Learning, tuition reimbursement, and leadership development initiatives.
Employee engagement: strong engagement scores in the 84–85 range in 2025; ranked #29 on “America’s Top Most Loved Workplaces” in 2025.
Workforce: majority of staff located in Florida with ongoing hiring to support expansion.
Board and executive updates implemented in 2025–2026 to support the strategic shift.

Regulation and supervision: the Bank is regulated by the OCC, is a member of the Federal Reserve System, and maintains FDIC‑insured deposits; subject to Basel III/US capital rules; CRA rating of “satisfactory” as of 2025.
Corporate governance: public reporting under SOX, SEC, NYSE, and FINRA requirements; ongoing risk management, cybersecurity governance, and third‑party risk programs.
ESG and community initiatives: involvement in community education, environmental partnerships, and financial literacy programs.