Amerant Q3 net income rises to $25.7 million, or $0.65 per diluted share
Amerant Bancorp reported third quarter 2026 net income of $25.7 million, or $0.65 per diluted share, up from $21.0 million, or $0.53, in the second quarter, with net interest income up 9.6% to $90.5 million. The Board also raised the available share repurchase amount to $50 million from about $3 million and extended the program to December 31, 2027, while declaring a $0.09 per share dividend.
Key points
- Net income attributable to the company was $25.7 million, or $0.65 per diluted share, versus $21.0 million, or $0.53, in Q2 2026.
- Net interest margin was 3.77%, compared with 3.52% in Q2 2026. The company cited $1.6 million in interest from repayments of loans previously in nonaccrual status.
- Non-performing assets fell to $159.5 million from $186.6 million.
- The Board raised the repurchase amount to $50 million and extended the program to December 31, 2027. The $0.09 dividend is payable November 27, 2026, to holders of record on November 13, 2026.
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 22, 2026.
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