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AMTB - Amerant Bancorp EPS beats by $0.02 beats on revenue
Mercantil Bank Holding Corporation
Amerant Bancorp (AMTB): Q3 Non-GAAP EPS of $0.08 beats by $0.02; GAAP EPS of $0.04 misses by $0.02.Revenue of $65.6M (-1.3% Y/Y) beats by $6.6M.First, loan deferrals and forbearance fell drastically this quarter and have continued to decline reaching $71.8M, or just over 1% of total loans, on October 23, 2020, down from $1.1B, or 19% of total loans, at the start of the program in April.Press Release