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The filed complaint alleges that Amerant Bancorp Inc. made materially false and/or misleading statements and/or failed to disclose that: Amerant issued a press release on April 23, 2025, reporting its financial results for the first quarter of 2025. Among other items, Amerant reported GAAP earnings per share of $0.28, missing consensus estimates by $0.12. Commenting on the Company’s results, Amerant’s Chairman and Chief Executive Officer said that “loans were relatively flat quarter over quarter, as a result of increased payoffs and paydowns offsetting production in the first quarter.” Following this news, Amerant’s stock price fell over 13% on April 24, 2025.
In order to be eligible to join the AMTB class action lawsuit, you must have incurred a loss on shares of Amerant Bancorp Inc. purchased during the class period listed above.
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