AMTBMEDIUM SIGNALOPERATIONAL10-K

AMTB completed significant geographic expansion with four new locations opened in 2025 while generating substantially higher operating cash flows.

The bank's expansion from 19 to 23 banking centers represents meaningful growth in physical presence, particularly with new regional headquarters and centers in high-growth Florida markets including West Palm Beach, Miami Beach, and a second Tampa location. This expansion strategy suggests management confidence in market opportunities and deposit growth potential, though it will likely increase operational expenses in near-term periods.

Comparing 2026-02-27 vs 2025-03-05View on EDGAR →
FINANCIAL ANALYSIS

AMTB's financial position shows mixed signals with operating cash flow growing substantially to $137.0 million, indicating strong operational performance and cash generation capabilities. However, the company experienced modest declines in total assets (from $9.9B to $9.8B) and loans held for investment (from $7.2B to $6.6B), suggesting some balance sheet contraction despite the physical expansion. Cash and equivalents increased meaningfully to $274.2 million, providing solid liquidity to support the ongoing expansion initiatives.

FINANCIAL STATEMENT CHANGES
Operating Cash Flow
Cash Flow
+66.7%
$82.2M→$137.0M

Operating cash flow surged 66.7% — exceptional cash generation, highest quality earnings signal.

Cash & Equivalents
Balance Sheet
+27.9%
$214.4M→$274.2M

Cash grew 27.9% — improving liquidity position supports investment and shareholder returns.

Dividends Paid
Cash Flow
+17.8%
$12.8M→$15.1M

Dividend payments increased 17.8% — management confidence in sustained cash generation.

LANGUAGE CHANGES
NEW — 2026-02-27
PRIOR — 2025-03-05
ADDED
BUSINESS Our Company We are a bank holding company headquartered in Coral Gables, FL, with $9.8 billion in assets, $6.6 billion in loans held for investment, $7.8 billion in deposits, $938.8 million of shareholders equity, and $3.3 billion in assets under management and custody ( AUM ) as of December 31, 2025.
These services are offered through our main subsidiary, Amerant Bank, N.A., or the Bank, which is also headquartered in Coral Gables, FL, as well as the Bank s securities broker-dealer, Amerant Investments Inc., or Amerant Investments.
Fiduciary, investment, wealth management and mortgage services are provided by the Bank and Amerant Investments.
We currently operate 23 banking centers where we offer personal and commercial banking services.
The Bank also operates two banking centers, and a regional headquarter office in Tampa, FL.
We opened our new regional headquarters office and our new banking center in West Palm Beach, FL in April 2025, a banking center in Miami Beach, FL in September 2025, followed by the opening of our second banking center in Tampa, FL in October 2025.
In July 2025, we received regulatory approval for the opening of a new banking center in St.
We also opened a new banking center in Bay Harbor Islands, FL, in January 2026.
is a bank and trust company domiciled in George Town, Grand Cayman (the "Cayman Bank").
The Company is executing a plan for the dissolution of the Cayman Bank and, as of the date of this Annual Report on Form 10-K, the Cayman Bank no longer had any trust relationships, many of which were transferred to the Bank.
REMOVED
The foregoing factors should not be construed as exhaustive and should be read together with the other cautionary statements included in this Form 10-K.
BUSINESS Our Company We are a bank holding company headquartered in Coral Gables, FL, with $9.9 billion in assets, $7.2 billion in loans held for investment, $7.9 billion in deposits, $890.5 million of shareholders equity, and $2.9 billion in assets under management and custody ( AUM ) as of December 31, 2024.
These services are offered through Amerant Bank, N.A., or the Bank, which is also headquartered in Coral Gables, FL, and its subsidiaries.
Fiduciary, investment, wealth management and mortgage services are provided by the Bank, the Bank s securities broker-dealer subsidiary, Amerant Investments, Inc., or Amerant Investments, and Amerant Mortgage, LLC, or Amerant Mortgage.
We currently operate 19 banking centers where we offer personal and commercial banking services.
The Bank also operates one banking center, as well as a regional headquarter office in Tampa, FL.
In 2024, we opened new banking centers in downtown Fort Lauderdale, FL and in downtown Miami, FL.
We also opened our new regional headquarters office for Broward County, located in Plantation, FL.
More recently, we signed a letter of intent for a second banking center in Miami Beach, following the signed agreement we previously announced for our first Miami Beach banking center.
One location is expected to open in the first half of 2025, while the other is expected to open in the second half of 2025.
MORE OPERATIONAL SIGNALS
NVDAHIGHNVIDIA has repositioned itself from a "full-stack computing infrastructure compa...
2026-02-25
NVDAHIGHNVIDIA has repositioned itself from a "full-stack computing infrastructure compa...
2026-02-25
NOWHIGHServiceNow has fundamentally repositioned itself as an AI-first platform company...
2026-01-29
TSLAHIGHTesla has fundamentally repositioned itself from an electric vehicle company to ...
2026-01-29
ANALYZE ANY FILING FREE

See what changed in your portfolio's filings

500+ US-listed companies analyzed. Language delta, financial analysis, instant signal scoring.

Try Tracenotes free →