Amerant FY 2025 noninterest income jumps 693.3% to USD 78.6 million

PUBT
2026.02.27 21:40
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Amerant Bancorp reported a significant increase in FY 2025 noninterest income, rising 693.3% to USD 78.6 million. The company achieved a net income of USD 52.4 million, compared to a net loss in the previous year. Net interest income also rose by 10.7% to USD 360.7 million. However, noninterest expenses increased to USD 330.6 million, and asset quality weakened with non-performing assets up 53%. Amerant is shifting its mortgage strategy and plans to dissolve its Cayman Bank by 2026.

Amerant Bancorp reported FY 2025 net income attributable to shareholders of USD 52.4 million, or USD 1.26 per diluted share, versus a prior-year net loss. Net interest income rose to USD 360.7 million (+10.7%) and net interest margin improved to 3.82% (from 3.58%). Provision for credit losses was USD 42.6 million. Noninterest income was USD 78.6 million (up 7.9x), reflecting USD 5.1 million of net securities gains versus prior-year losses; core noninterest income was USD 70.7 million (-2.7%). Noninterest expense increased to USD 330.6 million (+10.4%), including USD 7.5 million of contract termination costs and USD 15.7 million of losses on loans held for sale carried at the lower of cost or fair value. ROA was 0.51% and ROE was 5.62%. Amerant ended 2025 with total assets of USD 9.8 billion (-1.3%), total deposits of USD 7.8 billion (-0.9%) and total gross loans of USD 6.7 billion (down USD 574.1 million). Core deposits were USD 5.8 billion (+3.0%), while brokered deposits declined to USD 435.7 million (-37.9%). Asset quality weakened, with non-performing assets of USD 186.9 million (+53.0%) and classified loans of USD 354.8 million (+113.1%). Business updates included a strategic shift to wind down Amerant Mortgage’s national origination model and focus on Florida, cutting mortgage FTEs to 3 by year-end and targeting completion of the wind-down in H1 2026. The company also continued a plan to dissolve its Cayman Bank (expected to complete in 2026, pending regulatory approval). In 2025, Amerant redeemed USD 60.0 million of 5.75% senior notes, repurchased USD 33.0 million of Class A shares, and sold its entire trading securities portfolio in Q4 2025 for net proceeds of USD 113.2 million, realizing a gain of about USD 2.8 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Amerant Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001734342-26-000017), on February 27, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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