Thursday, April 21, 2022

Amerant continues to reduce size of NYC loan book

Amerant Bancorp in Coral Gables, Fla., has sold $57.3 million of loans in New York City.

The $7.8 billion-asset company said in a press release Wednesday that had $68.6 million of New York City loans available for sale on March 31. 

Amerant said its portfolio of New York City loans fell by 24% during the first quarter, to $373 million.
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Business First to raise $47M through stock offering

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