5-Star Amerant Bank Puts The Community in “Community Bank”
BauerFinancial awards Amerant with highest rating once again
MIAMI – Amerant Bank has once again been awarded the highest (5-Star) rating for financial strength and stability from the Nation’s Premier Bank Rating Firm, BauerFinancial, Inc.
In order to earn a 5-Star rating, all institutions undergo a rigorous, independent analysis of their financial condition. Amerant Bank came out on top, which means it has the strength to support its members as it consistently excels in areas such as capital strength, profitability, asset quality, and much more. This is the 32nd consecutive quarter that Amerant Bank has earned this top rating.
“One thing that has been made clear in the past year and a half is that a financial institution is much more than just a building, and also more than just technology. While both are good and necessary, it’s the people behind the walls and technology that make the real difference. These same people are also what makes Amerant Bank such an invaluable resource for the community. Amerant Bank’s employees have shown tremendous dedication and commitment to both customers and the community”, notes Karen Dorway, president of BauerFinancial. “Community banks, like Amerant Bank, help their neighbors through the good times and the bad. And Amerant Bank’s employees have done an admirable job, maintaining an unblemished balance sheet all the while.”
Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) is a bank holding company headquartered in Coral Gables, Florida since 1979. The Company operates through its subsidiaries, Amerant Bank, N.A. (the “Bank”), Amerant Investments, Inc., Elant Bank and Trust Ltd., and Amerant Mortgage, LLC. The Company provides individuals and businesses in the U.S., as well as select international clients, with deposit, credit, and wealth management services. The Bank, which has operated for over 40 years, is the second largest community bank headquartered in Florida. The Bank operates 25 banking centers – 18 in South Florida and 7 in the Houston, Texas area. For more information, visit AmerantBank.com, Investor.AmerantBank.com, and follow Amerant on Facebook, Twitter, Instagram and LinkedIn at @AmerantBank.
Bank and Credit Union data compiled from financial data for the period noted, as reported to federal regulators. The financial data obtained from these sources is consistently reliable, although; the accuracy and completeness of the data cannot be guaranteed by BauerFinancial, Inc. Since 1983, BauerFinancial has relied upon this data in its judgment and in rendering its opinion (e.g. determination of star ratings). BauerFinancial, Inc. is not a financial advisor; it is an independent bank research firm. No institution can pay for or opt out of a BauerFinancial rating. Star-ratings are all available for free at bauerfinancial.com.