Amerant Bancorp Announces Transfer of Listing of Common Stock to the New York Stock Exchange
04 August 2023 - 6:30AM
Amerant Bancorp Inc. (NASDAQ: AMTB) (the “Company” or “Amerant”)
announced today that it is transferring the listing of its common
stock to the New York Stock Exchange (“NYSE”) from the Nasdaq Stock
Market LLC (“Nasdaq”).
Amerant’s common stock is expected to begin
trading on the NYSE on Tuesday, August 29, 2023, and will continue
to be traded under its current ticker symbol “AMTB”. Amerant’s
common stock is expected to continue to trade on Nasdaq until the
close of the market on Monday, August 28, 2023. To commemorate the
event, members of Amerant’s Senior Leadership Team and its Board of
Directors will ring the Opening Bell at the NYSE on Tuesday, August
29, 2023.
“We are excited to announce the transfer of our
company's stock listing to the NYSE, a significant milestone in our
journey as a public company," stated Jerry Plush, Chairman and CEO
of Amerant. "This strategic move reflects our confidence in the
NYSE's market infrastructure and global visibility, which will
enable us to strengthen our position, expand our reach, and create
long-term value for all of our stakeholders."
“We’re thrilled to welcome Amerant Bancorp to the New York Stock
Exchange, the world’s premier listing venue,” said John Tuttle,
Vice Chair, NYSE Group. “A Florida-based community bank that seeks
to provide customers with high-touch servicing, Amerant will feel
right at home in our community of icons and entrepreneurs.”
About Amerant Bancorp Inc. (NASDAQ:
AMTB)
Amerant Bancorp Inc. is a bank holding company headquartered in
Coral Gables, Florida since 1979. The Company operates through its
main subsidiary, Amerant Bank, N.A. (the “Bank”), as well as its
other subsidiaries: Amerant Investments, Inc., Elant Bank and Trust
Ltd., and Amerant Mortgage, LLC. The Company provides individuals
and businesses in the U.S. with deposit, credit and wealth
management services. The Bank, which has operated for over 40
years, is the largest community bank headquartered in Florida. The
Bank operates 23 banking centers – 17 in South Florida and 6 in the
Houston, Texas area, as well as an LPO in Tampa, Florida. For more
information, visit investor.amerantbank.com.
Cautionary Notice Regarding Forward-Looking
Statements
This press release contains “forward-looking statements”
including statements with respect to the Company’s objectives,
expectations and intentions and other statements that are not
historical facts. All statements other than statements of
historical fact are statements that could be forward-looking
statements. You can identify these forward-looking statements
through our use of words such as “may,” “will,” “anticipate,”
“assume,” “should,” “indicate,” “would,” “believe,” “contemplate,”
“expect,” “estimate,” “continue,” “plan,” “point to,” “project,”
“could,” “intend,” “target,” “goals,” “outlooks,” “modeled,”
“dedicated,” “create,” “generate” and other similar words and
expressions of the future.
Forward-looking statements, including those relating to our
beliefs, plans, objectives, goals, expectations, anticipations,
estimates and intentions, involve known and unknown risks,
uncertainties and other factors, which may be beyond our control,
and which may cause the Company’s actual results, performance,
achievements, or financial condition to be materially different
from future results, performance, achievements, or financial
condition expressed or implied by such forward-looking statements.
You should not rely on any forward-looking statements as
predictions of future events. You should not expect us to update
any forward-looking statements, except as required by law. All
written or oral forward-looking statements attributable to us are
expressly qualified in their entirety by this cautionary notice,
together with those risks and uncertainties described in “Risk
factors” in our annual report on Form 10-K for the fiscal year
ended December 31, 2022 filed on March 1, 2023 (the “Form 10-K”),
our quarterly report on Form 10-Q for the quarter ended March 31,
2023 filed on May 2, 2023, and in our other filings with the U.S.
Securities and Exchange Commission (the “SEC”), which are available
at the SEC’s website www.sec.gov.
CONTACTS: Investors Laura Rossi
InvestorRelations@amerantbank.com (305) 460-8728
Media Victoria Verdeja MediaRelations@amerantbank.com (305)
441-8414
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