Amerant Bancorp Inc. · NYSE:AMTB
Amerant Bancorp — Investor Presentation (February 2026)
39 slides from Amerant Bancorp's investor presentation, Feb 11, 2026
Slide 1: Investor Update
Investor Update February 11, 2026 NYSE: AMTB
Slide 2: Table of Contents
Being the bank of choice in the markets we serve. Table of Contents 3 About Us 10 Company Updates 17 Performance Updates 28 Supplemental Information 34 Appendix Investor Update | 1
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 Investor Update | 3
Slide 5: About Us
About Us Financial and non-financial information provided here is as of December 31, 2025. Founded in 1979 History Completed IPO in December 2018 Rebranded as Amerant in June 2019 Team Members 694 FTEs Assets $9.8 billion Deposits $7.8 billion AUM $3.3 billion under management/custody Investor Updat
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. Vertically-integrated platform to serve LATAM clients Strong and diverse deposit base; organic, relationship-first focus Company focus
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 Director and 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 Amer
Slide 9: Experienced Leadership Team
Experienced Leadership Team Mike Nursey SEVP, Chief Domestic Banking Officer Mike Nursey serves as Senior Executive Vice President, Chief Domestic Banking Officer. In this role, he leads Commercial Banking, Corporate Banking, and Commercial Real Estate, while also assuming leadership of Retail & Pri
Slide 10: Our Team
Our Team Workforce Demographics as of 12/31/25 Most Loved Workplace® released the 2025 America’s Top 100 Most Loved Workplaces®. The rankings, published in the Wall Street Journal, highlight 100 organizations across industries that are transforming employee experience and redefining workplace cultur
Slide 11: Company Updates
Company Updates Investor Update | 10
Slide 12: Recent Developments
Recent Developments Executive Transition Accelerating progress of our strategy under new leadership • Carlos Iafigliola was named Interim CEO and Director in November 2025, after serving as COO. Carlos has 20 years of experience at Amerant, including having served as CFO. He has over three decades o
Slide 13: 1Q26 and Full-Year 2026 Outlook
1Q26 and Full-Year 2026 Outlook Balance Sheet • Loan balances as of 1Q26 projected at similar levels as 4Q25 as exits of credits would offset loan production. Annualized growth estimated between 7 to 9% with the higher end driven by funding of existing lines. • Projected deposit growth expected to m
Slide 14: Completed comprehensive credit review; heightened emphasis on reducing non-performing assets
Completed comprehensive credit review; heightened emphasis on reducing non-performing assets Approximately 85% of the commercial loan portfolio has already been reviewed, resulting in a comprehensive assessment of our loan portfolio. The residual $1.2 billion of the commercial portfolio not reviewed
Slide 15: Digital Transformation
Digital Transformation Groundwork is set post FIS conversion for Amerant to continue enhancing digital capabilities and achieve core results. Completed successful technology reorganization. Enhanced payment capabilities for commercial and consumer clients. New FIS technology framework gives us the a
Slide 16: Right-sizing partnerships to maximize impact
Right-sizing partnerships to maximize impact Unlocking the full potential of Sports Partnerships while prioritizing profitability Amerant Bank x Florida Panthers: A Championship Partnership Amerant Bank x Tampa Bay Rays: Expanding Our Presence in Tampa Amerant Bank x Miami Dolphins: A Touchdown on a
Slide 17: New Banking Center & Regional Office Updates
New Banking Center & Regional Office Updates Miami Bay Harbor Islands Miami Beach 1050 Kane Concourse 41st Street Opened January 2026 Opened September 2025 Tampa Downtown Tampa 501 E Jackson Street Opened in October 2025 St. Petersburg Planned for 2026 West Palm Beach Banking Center and Regional Cor
Slide 18: Performance Updates
Performance Updates Investor Update | 17
Slide 19: Key Performance Metrics
Key Performance Metrics (as of December 31, 2025) NIB Deposits/ Other Highlights 4Q25 Total Deposits Loan to deposit ratio was Net Interest Margin 86.01% compared to 83.63% in 3Q25 Efficiency Ratio Total deposits remained stable ROA All capital ratios substantially above “well-capitalized” levels RO
Slide 20: Deposit Composition
Deposit Composition (as of December 31, 2025) Deposit Composition ($ in millions, except for percentages) Domestic International Deposits Deposits 66% of Total Deposits 34% of Total Deposits Avg. account balance: Avg. account balance: $124,000 (2) $46,000 (2) (1) Brokered Deposits : There were $9 mi
Slide 21: Loan Composition
Loan Composition (as of December 31, 2025) Loan Composition (1) ($ in millions, except for percentages) Loans by Domicile (1) Geographic Mix of Loans (1) (1) 4Q25 and 1Q25 includes both mortgage loans held for sale carried at fair value and loans held for sale carried at the lower of cost or fair va
Slide 22: Non-Performing Assets
Non-Performing Assets (as of December 31, 2025) Non-Performing Assets ($ in millions except for %) Non-Performing Loans ($ in millions) Investor Update | 21
Slide 23: Non-Performing Loans
Non-Performing Loans Highlights As of 4Q25 the NPLs had the following composition: • $78.3 million had real estate collateral with a weighted avg. LTV of 77% (Out of this portfolio, $16.2 million was classified as held-for-sale) • $39.5 million were non-RE secured loans evaluated under enterprise va
Slide 24: Classified Loans
Classified Loans Highlights As of 4Q25 the Classified loans had the following composition: • $218.8 million had real estate collateral with a weighted avg. LTV of 69% (Out of this portfolio, $80.9 million were classified as held-for-sale) • $58.1 million were non-RE secured loans evaluated under ent
Slide 25: Special Mention Loans
Special Mention Loans Highlights As of 4Q25 the Special Mention loans had the following composition: • $97.5 million had real estate collateral with a weighted avg. LTV of 62% • $34.9 million were cashflow-dependent loans • $4.1 million were ABL monitored loans ($ in millions) $(91.8) $(54.1) • Afte
Slide 26: Allowance for Credit Losses Composition
Allowance for Credit Losses Composition Allowance for Credit Losses Rollforward ($ in millions) Allowance for Credit Losses ($ in thousands) NCO-to-Average Total Loans Ratio (% are annualized) Investor Relations | 25
Slide 27: Capital
Capital (as of December 31, 2025) Total Capital Ratio 14.10% Regulatory Minimum : 10.00% (1) Common Equity Tier 1 Capital (CET1) Ratio Regulatory Minimum (1): 6.50% 11.80% 9.39% TCE Ratio (2,3) TBV/Share (3) $22.56 Capital Allocation Strategy Class A Common Stock Repurchase Program Repurchased 737,3
Slide 28: Liquidity
Liquidity (as of December 31, 2025) Our standard liquidity management practices include: Semi-annual regular testing of lines of credit; satisfactory results have been obtained as of December 31, 2025 Daily monitoring of Federal Reserve Bank account balances as well as large fund providers Daily ana
Slide 29: Supplemental Information
Supplemental Information Investor Update | 28
Slide 30: Investment Portfolio and Net Interest Income
Investment Portfolio Fixed vs. Floating (2) Balances and Yields (1) SEPTEMBER 2025 DECEMBER 2025 ($ in millions) Expected Prepayments & Maturities Available for Sale Securities by Type ($ in millions) As of December 31, 2025, 99.9% of the Available for Sale portfolio consists of MBS issued or guaran
Slide 31: Interest Rate Sensitivity
Interest Rate Sensitivity Impact on NII from Interest Rate Change (1) (2) As of December 31, 2025 Impact on AFS from Interest Rate Change (1) As of December 31, 2025 Expected pre-tax AOCL Improvement Loan Portfolio Details As of December 31, 2025 By Rate Type By Repricing Term By Interest Type By Fl
Slide 32: CRE Loans Held for Investment - Detail
CRE Loans Held for Investment - Detail Outstanding as of December 31, 2025 ($ in millions, except %) % Total % Total Income Land and CRE Type FL TX NY Other Total CRE Loans (1) Producing (2) Construction Retail $513 $10 $81 $26 $630 25.7% 9.5% $618 $12 Multifamily 322 39 68 44 472 19.2% 7.1% 322 150
Slide 33: Net Interest Margin and EPS Trend
Net Interest Margin NIM Bridge EPS Trend Change in Diluted Earnings Per Common Share (1) Non-GAAP Financial Measure. See Appendix 1 for a reconciliation to GAAP. Investor Update | 32
Slide 34: 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 35: Appendix
Appendix Investor Update | 34
Slide 36: Appendix - Non-GAAP Financial Measures Reconciliation
Appendix 1 - Non-GAAP Financial Measures Reconciliation The following table sets forth selected financial information derived from the Company’s interim unaudited consolidated financial statements, adjusted for certain costs incurred by the Company in the periods presented related to tax deductible
Slide 37: Non-GAAP Reconciliation Table
AMERANT Three Months Ended, (in thousands, except percentages and per share data) December 31, 2025 September 30, 2025 Net income attributable to Amerant Bancorp Inc. $2,701 $14,756 Plus after-tax non-core items in noninterest expense: Non-core items in noninterest expense before income tax effect 2
Slide 38: Non-GAAP Reconciliation Footnotes
(1) Includes provision for credit losses on loans and provision for loan contingencies. See Footnote 6 in Exhibit 1 - Selected Financial Information of the Fourth Quarter Earnings Release filed on January 22, 2026 for more details. (2) Beginning in the fourth quarter of 2025, we updated the terminol
Slide 39: Thank You
Thank You NYSE: AMTB
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