fbpx

Miami-Based Amerant Begins Trading on NYSE

The community bank in Coral Gables operates 23 banking centers – 17 in South Florida and 6 in Houston, Texas.

Amerant Bancorp Inc. has recently moved the listing of its common stock from the Nasdaq Stock Market LLC (“Nasdaq”) to the New York Stock Exchange (“NYSE”). The common stock of Amerant has commenced trading on the NYSE under its current ticker symbol “AMTB.” Before the shift, Amerant’s common stock was trading on Nasdaq, which continued until the market closed on Aug. 28. To mark the occasion, Amerant’s Senior Leadership Team and Board of Directors rang the Opening Bell at the NYSE on Aug. 29

“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,” 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.”

Amerant Bancorp Inc. has been serving as a bank holding company since 1979. Amerant operates through its primary subsidiary, Amerant Bank, N.A., alongside its other subsidiaries, such as Amerant Investments, Inc., Elant Bank and Trust Ltd., and Amerant Mortgage, LLC. The company offers deposit, credit, and wealth management services to individuals and businesses in the United States. Being operational for over four decades, Amerant Bank is the largest community bank in Florida.

“We’re thrilled to welcome Amerant Bancorp to the New York Stock Exchange, the world’s premier listing venue,” says 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.”

You May Also Like

Fresco Retail Group Plans Expansion After Securing Financing from Amerant Bank

The loan will help the grocery chain acquire Fresco y Más.

Fortune Magazine Recognizes Fifth Third as One of World’s Most Admired Companies

Fifth Third has been consistently recognized as one of the few U.S.-based banks to be featured in Ethisphere’s World’s Most Ethical Companies list.

Forbes Magazine Recognizes Foreman Cook Group as One of the Best Wealth Management Teams in Florida

The financial advisement firm is based in Fort Lauderdale.

Amerant Appoints Matthew Bruno as Miami-Dade Market President and Maria Olivera as Community Relations Director

The promotions aim to strengthen the representation of the local community while boosting business development growth.

Other Posts

The Banker Names Fifth Third Bank “Bank Of The Year” in 2023

The financial institution serves businesses and communities in South Florida.

Banesco USA Reports Consistent Expansion in Third Quarter of 2023

The Miami-based bank has six branches between South Florida and Puerto Rico and a West Palm Beach loan and deposit production office.

Blue Sea Capital Named a 2023 Founder Friendly Investor by Inc

The private equity firm is based in West Palm Beach.

Amerant Bank Becomes Official Sponsor of Inaugural Florida Beach Bowl

The Miami-based institution is the largest community bank headquartered in Florida.

Drew Limsky

Drew Limsky

Editor-in-Chief

BIOGRAPHY

Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. His other clients have included Four Seasons, Acqualina Resort & Residences, Yahoo!, American Airlines, Wynn, Douglas Elliman and Corcoran. As an adjunct assistant professor, Limsky has taught journalism, film and creative writing at the City University of New York, Pace University, American University and other colleges.