Amerant Q2 FY26 net income rises 17.68% to $21.04 million; NII increases 2.9% to $82.58 million - AMTB News | RalliesAmerant Q2 FY26 net income rises 17.68% to $21.04 million; NII increases 2.9% to $82.58 million
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AMTB• Amerant reports higher quarterly profit and revenue metrics
- Amerant posted 2Q26 net income attributable to shareholders of $21 million, rising 17.69% from 1Q26; diluted EPS increased to $0.53 from $0.44.
- Net interest income climbed 2.9% to $82.58 million; net interest margin narrowed 0.03 percentage points to 3.52%.
- Total deposits rose 5.2% to $8.4 billion; core deposits jumped 9.4% to $6.4 billion, led by noninterest-bearing balances.
- Classified loans fell 14.7% to $273.1 million, primarily due to loan sales; non-performing assets edged down 2.6% to $186.6 million.
- Amerant repurchased 690,000 Class A shares for about $16.1 million; it declared a $0.09 quarterly dividend payable Aug. 28.
