Amerant Bancorp Highlights Strategic Focus in Florida
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Amerant Bancorp (AMTB) has highlighted its strategic focus on organic growth in Florida after selling its Houston franchise. The company has completed a core conversion to enhance customer service and operational efficiency, while continuing to invest in business development and risk management. The latest analyst rating for AMTB is a Hold with a $20.00 price target. Despite strong cash flow growth, the company faces profitability challenges, with mixed outlooks on asset quality and loan growth. Amerant operates 22 banking centers in Florida, emphasizing customer satisfaction and innovation.
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