Amerant Bancorp Inc. (AMTB) Q3 FY2026 earnings

Reported results

• Net interest income (GAAP) was $90.5 million, up by $7.9 million, or 9.6%, compared to $82.6 million in Q2 2026.
• Net interest margin (NIM) was 3.77%, compared to 3.52% in Q2 2026.
• Total non-performing assets were $159.5 million, down by $27.1 million, or 14.5%, compared to $186.6 million in Q2 2026.
• Pre-tax pre-provision net revenue (PPNR) (non-GAAP) was $39.7 million, up by $7.8 million, or 24.6%, compared to $31.9 million in Q2 2026.
• Efficiency ratio (GAAP) was 63.51%, compared to 68.37% in Q2 2026.
• Return on average assets (GAAP) was 1.00%, compared to 0.84% in Q2 2026.

Notes

In Q1 2026, the Company early adopted ASU 2025-08, which expands the use of the gross-up approach for certain purchased loans and eliminates Day 1 credit loss expense. The Company discontinued presentation of certain core non-GAAP measures beginning in Q1 2026, including Core PPNR, core noninterest income, core noninterest expense, core net income, core earnings per share, core ROA, core ROE, and core efficiency ratio.

Price and volatility reaction

The stock moved +1.4% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved +96.5 vol points across the event (constant-maturity series — not the front-week crush).

Source

The figures above come from the earnings release the company filed with the SEC on 2026-10-22 (8-K, Item 2.02). Read the original filing on sec.gov.