Amerant Bancorp Inc.

Amerant’s business is concentrated in the United States, especially South Florida, where it operates most of its banking centers in Miami-Dade, Broward, and Palm Beach counties. It also has a regional headquarters and banking presence in Tampa, which extends the franchise beyond the Miami market. The company serves select international customers, but the reports indicate a strategic shift toward a Florida-focused model. The Cayman Bank, which historically supported offshore trust and estate planning relationships, is being dissolved, reinforcing the move away from international complexity. Geography matters because the company’s funding, lending, and relationship banking are tied to local market competition, branch density, and Florida economic conditions.

Amerant is exposed to classic regional bank risks, especially funding and liquidity pressure, because it relies on customer deposits and wholesale funding to support lending and balance-sheet growth. Credit quality is another key risk, since loan performance can weaken if Florida economic conditions deteriorate or if commercial and consumer borrowers face stress. The company also faces competitive pressure from larger banks, credit unions, mortgage firms, fintechs, and investment platforms that can compete on price, convenience, and product breadth. Its strategic simplification creates execution risk as the Cayman Bank and mortgage operations are wound down, and its brokerage and derivatives activities add market and counterparty exposure. More broadly, regional banks remain sensitive to deposit outflows, interest rate changes, uninsured deposit behavior, and regulatory scrutiny.