AMTB News & Events

"Amerant's first quarter results reflect continued momentum in executing our strategic plan as we strengthen credit quality and position the bank for sustainable, long-term growth," stated Carlos Iafigliola, SEVP and Interim CEO. "During the quarter, we demonstrated proactive credit risk management, which led to balanced portfolio actions. We also continued to optimize our loan portfolio, including exiting certain large-exposure, out-of-footprint and criticized loans. In addition, we've maintained our focus on operational efficiency, delivering net income in line with our guidance, primarily driven by better than expected cost-savings and strong growth in lower-cost international deposits."

Amerant Bank announced the appointment of Tony Eelman as EVP, Chief Product Officer. A senior financial services and mortgage-banking executive will now lead enterprise product strategy across the bank's financial services and program-based lending platforms. In his new role, Eelman will focus on aligning product design, leveraging on technology, and progressing go-to-market strategy to deliver differentiated, client-centric solutions across Amerant's consumer and commercial offerings.Eelman previously served as President of Amerant Mortgage, the Bank's wholly owned mortgage subsidiary.