Amerant Bancorp Inc. · NYSE:AMTB
Amerant Bancorp — Investor Presentation (November 2025)
38 slides from Amerant Bancorp's investor presentation, Nov 10, 2025
Slide 1: Investor Update
Investor Update November 10, 2025 NYSE: AMTB amerantbank.com
Slide 2: Table of Contents
Being the bank of choice in the markets we serve. Table of Contents 1 About Us 2 Company Updates 3 Performance Updates Investor Update | 2
Slide 3: Important Notices and Disclosures
Important Notices and Disclosures Forward-Looking Statements This presentation contains “forward-looking statements” including statements with respect to the Company’s objectives, expectations and intentions and other statements that are not historical facts. Examples of forward-looking statements i
Slide 4: About Us
About Us
Slide 5: About Us
About Us Financial and non-financial information provided here is as of September 30, 2025. Founded in 1979 History Completed IPO in December 2018 Rebranded as Amerant in June 2019 Team Members 704 FTEs Assets $10.4 billion Deposits $8.3 billion AUM $3.2 billion under management/custody 22 Banking C
Slide 6: Our Investment Proposition
Our Investment Proposition Established franchise with high scarcity value; presence in attractive, high-growth markets of South Florida, Tampa and Central Florida. Strong and diverse deposit base; organic, relationship-first focus. Company focus is on the execution of strategic plan to unlock sustai
Slide 7: Our Mission, Vision, and Precepts
Our Mission, Vision, and Precepts Mission To provide our customers with the products, services and advice they need to achieve financial success, through our diverse, inclusive and motivated team that is personally involved with the communities we serve, all of which result in increased shareholder
Slide 8: Experienced Leadership Team
Experienced Leadership Team Carlos Iafigliola | Interim Chief Executive Officer Carlos Iafigliola was appointed Interim CEO and Director in November 2025 after having served as Senior Executive Vice President, Chief Operating Officer (COO) since June 2023, where he was responsible for Amerant’s loan
Slide 9: Our Team
Our Team Workforce Demographics as of 12/31/24 2% 4% 4% 11% 12% 32% Race/ Age 46% Gender 54% Ethnicity* 56% 79% <31 31-50 51+ Women Men White, Non Hispanic Hispanic Black Asian Other *Numbers do not include team members from Amerant Mortgage. Most Loved Workplace® released the 2025 America’s Top 100
Slide 10: Company Updates
Company Updates
Slide 11: Mid-Quarter Updates
Mid-Quarter Updates Leadership Updates Executive Transition Accelerating progress against our strategy under new leadership Carlos Iafigliola was named Interim CEO and Director, after serving as SEVP and COO. Carlos has 20 years of experience at Amerant, including having served as EVP and CFO. He ha
Slide 12: Guidance Update Cost Reduction Initiatives
Guidance Update Balance Sheet Total asset size expected to close at approximately $9.9 billion at year-end 2025 as part of the Company’s balance sheet optimization. Reduction is expected through lower wholesale funding and high-cost deposits via use of excess liquidity. Income Statement Reaffirm gui
Slide 13: Heightened emphasis on reducing non-performing assets
Heightened emphasis on reducing non-performing assets, including additional resources dedicated to expedite resolution Focused on the resolution of our special mention as well as non-performing and classified loans. Working on collections from previously charged-off substandard loans and realizing t
Slide 14: Digital Transformation
Digital Transformation Groundwork is set post FIS conversion for Amerant to continue enhancing digital capabilities and achieve core results. Completed successful technology reorganization. Enhanced payment capabilities for commercial and consumer clients. New FIS technology framework gives us the a
Slide 15: Maximizing impact
Maximizing impact Unlocking the full potential of Sports Partnerships. Amerant Bank x Florida Panthers: A Championship Partnership Amerant Bank x Tampa Bay Rays: Expanding Our Presence in Tampa Amerant Bank x Miami Heat: A Game-Changing Partnership Amerant Bank x Miami Dolphins: A Touchdown on any f
Slide 16: New Banking Center & Regional Office Updates
New Banking Center & Regional Office Updates Miami Beach Two banking centers - 41st Street opened doors in September 2025; Bay Harbor is targeted for the second half of 2025 > Miami Beach (Bay Harbor area) - 2nd banking center in high profile, deposit-rich area Miami Beach Tampa Downtown Tampa banki
Slide 17: Performance Updates
Performance Updates
Slide 18: 3Q25 vs 2Q25 Highlights
3Q25 vs 2Q25 Highlights (as of September 30, 2025) Balance Sheet Total assets were $10.4 billion, compared to $10.3 billion Cash and cash equivalents were $630.9 million, compared to $636.8 million Total investment securities were $2.3 billion, compared to $2.0 billion Total gross loans were $6.9 bi
Slide 19: Key Performance Metrics
Key Performance Metrics (as of September 30, 2025) NIB Deposits / 2Q25 20.5% Other Highlights 3Q25 Total Deposits 3Q25 21.3% Loan to deposit ratio was 2Q25 3.81% 83.63% compared to Net Interest Margin 86.55% in 2Q25 3Q25 3.92% Core deposits increased, 2Q25 67.48% Efficiency while total deposits Rati
Slide 20: Deposit Composition
Deposit Composition (as of September 30, 2025) Deposit Composition ($ in millions, except for percentages) 9,000 $8,111 $8,155 $8,307 $8,301 $7,855 8,000 $1,482 $1,653 $1,706 $1,769 $1,505 7,000 $702 $695 $644 $550 $702 6,000 $1,702 $1,527 $1,528 5,000 $1,548 $1,533 4,000 $4,225 $4,280 $4,429 $4,434
Slide 21: Loan Composition
Loan Composition (as of September 30, 2025) Loan Composition (1) ($ in millions, except for percentages) 3.5% 3.5% 3.8% 3.8% 3.4% 21.5% 22.3% 21.4% 21.3% 21.6% 16.2% 13.0% 13.9% 13.7% 13.7% 23.9% 26.4% 25.9% 24.3% 24.0% 7.08% 6.88% 6.93% 7.00% 6.84% 34.7% 34.7% 35.3% 37.3% 36.9% 3Q24 4Q24 1Q25 2Q25
Slide 22: Credit Quality Update
Credit Quality Update (as of September 30, 2025) Non-Performing Assets ($ in millions except for %) 1.38% 1.34% 1.25% 1.23% $17.5 0.95% $15.6 $14.5 $18.1 $15.4 $114.9 $104.1 $123.2 $82.5 $124.3 3Q24 4Q24 1Q25 2Q25 3Q25 Non-Peforming Loans OREO NPAs/Total Assets Non-Performing Loans ($ in millions) $
Slide 23: Non-Performing Loans NCOs and Allowance for Credit Losses
Non-Performing Loans ($ in millions) $124.3 $76.7 $82.5 $(9.5) $(0.7) $(0.6) $(24.1) 2Q25 Downgrade to Charge-offs Paydown/ Transfer to Upgrades 3Q25 NPLs Payoffs OREO Primarily 12 loans placed in non-accrual status: 3 CRE loans totaling $31.0 million (1 construction loan in TX, 1 multifamily in NY
Slide 24: Allowance for Credit Losses Composition and NCOs
Allowance for Credit Losses Composition ($ in thousands) Portfolios Balance Reserve Build Balance 2Q25 (Release) 3Q25 Real Estate $23,056 $1,328 $24,384 Commercial $40,048 $8,410 $48,458 Consumer and Others $23,415 $(1,339) $22,076 Total ACL $86,519 $8,399 $94,918 NCOs (1) and NCO-to-Loans Ratio ($
Slide 25: Credit Quality Update
Credit Quality Update (as of September 30, 2025) Special Mention Loans ($ in millions) 224.3 152.7 132.8 (31.2) (29.9) 2Q25 Downgrade to SM Downgrades to Payoffs/Paydowns 3Q25 Classified Remarks Downgrades to Special Mention composed primarily of 5 commercial loans ($100.6MM), 2 CRE loans totaling (
Slide 26: Capital
Capital (as of September 30, 2025) Total Capital Ratio 13.90% Regulatory Minimum (1) : 10.00% Common Equity Tier 1 Capital (CET1) Ratio Regulatory Minimum (1): 6.50% 11.54% TCE Ratio (2,3,4) 8.87% TBV/Share (4) $22.32 Capital Allocation Strategy Class A Common Stock Repurchase Program Repurchased 48
Slide 27: Liquidity
Liquidity (as of September 30, 2025) Our standard liquidity management practices include: Semi-annual regular testing of lines of credit; satisfactory results have been obtained as of June 30, 2025. Daily monitoring of Federal Reserve Bank account balances as well as large fund providers. Daily anal
Slide 28: Supplemental Information
Supplemental Information
Slide 29: Investment Portfolio Fixed vs. Floating
Investment Portfolio Fixed vs. Floating (2) Balances and Yields (1) ($ in millions) JUNE 2025 SEPTEMBER 2025 $2.5 $2.5 19.0% 15.4% 2,000 $2.6 $120.2 $119.9 1,500 4.4 yrs 4.4 yrs 4.19% 4.88% 4.89% Effective Effective 1,000 Duration Duration 500 0 $1,476.4 $1,788.7 $2,122.4 81.0% 84.6% Fixed rate 3Q24
Slide 30: Interest Rate Sensitivity
Interest Rate Sensitivity Impact on NII from Interest Rate Change (1) (2) As of September 30, 2025 5.5% 6.3% 7.4% (4.4)% (0.8)% 0% (9.6)% ($ in Millions) 372 375 379 337 350 353 319 -200 bps -100 bps -50 bps BASE +50 bps +100 bps +200 bps Net Interest Income Change from base Impact on AFS from Inter
Slide 31: Commercial Real Estate (CRE) Loans Held for Investment-Detail
Commercial Real Estate (CRE) Loans Held for Investment-Detail Outstanding as of September 30, 2025 ($ in millions, except %) % Total % Total Income Land and CRE Type FL TX NY Other Total CRE Loans (1) Producing (2) Construction Retail $512 $13 $81 26 $632 24.6% 9.1% $620 12 Multifamily 336 47 76 22
Slide 32: Net Interest Margin EPS Trend
Net Interest Margin NIM Bridge 3.92% 3.81% 0.15% 0.04% (0.03)% (0.05)% 2Q25 Loans Securities Other Earning Asset Cost of Funds 3Q25 Mix EPS Trend Change in Diluted Earnings Per Common Share $0.60 $0.55 $0.40 $0.35 $0.20 $0.05 $- $(0.05) $(0.20) $(0.20) $(0.40) 2Q25 PPNR (1) Income Tax Expense Provis
Slide 33: Glossary
Glossary • ACL - Allowance for Credit Losses • MV - Market Value • AFS - Available for Sale • NCO - Net Charge-Offs • AOCL - Accumulated Other Comprehensive Loss • NPL - Non-Performing Loans • AUM - Assets Under Management • NPA - Non-Performing Assets • CET 1 - Common Equity Tier 1 capital ratio •
Slide 34: Appendix
Appendix
Slide 35: Exhibit 1- Non-GAAP Financial Measures Reconciliation
Exhibit 1- Non-GAAP Financial Measures Reconciliation The following table sets forth selected financial information derived from the Company’s interim unaudited and annual audited consolidated financial statements, adjusted for the effect of non-core banking activities such as the sale of loans and
Slide 36: Non-GAAP Reconciliation (Three Months Ended)
Three Months Ended, (in thousands, except percentages and per share September 30, June 30, March 31, December 31, September 30, amounts) 2025 2025 2025 2024 2024 Net income (loss) attributable to Amerant Bancorp Inc. $ 14,756 $ 23,002 $ 11,958 $ 16,881 $ (48,164) Plus after-tax non-routine items in
Slide 37: Non-GAAP Reconciliation: Tangible Equity and Book Value
(in thousands, except percentages, share data and per September 30, June 30, March 31, December 31, September 30, share amounts) 2025 2025 2025 2024 2024 Stockholders' equity $ 944,940 $ 924,286 $ 906,263 $ 890,467 $ 902,888 Less: goodwill and other intangibles (11) (23,784) (24,016) (24,135) (24,31
Slide 38: Thank You
Thank You NYSE: AMTB amerantbank.com
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