AMTB - Amerant Bancorp GAAP EPS of $0.23 misses by $0.24 revenue of $71.88M misses by $4.09M

• Amerant Bancorp press release ( NASDAQ: AMTB ): Q2 GAAP EPS of $0.23 misses by $0.24 .
• Revenue of $71.88M (+9.4% Y/Y) misses by $4.09M .
• Net Interest Margin (“NIM”) increased to 3.28% in 2Q22 compared to 3.18% in 1Q22.
• Total assets increased to $8.2 billion compared to $7.8 billion as of 1Q22.
• Total gross loans increased $126.2 million, or 2.2%, to $5.85 billion compared to $5.72 billion in 1Q22, while average yield on loans increased to 4.38% in 2Q22 compared to 4.16% in 1Q22.
• The New York loan portfolio declined slightly to $354.0 million as of 2Q22, compared to $373.0 million in 1Q22.

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