Amerant Bancorp (AMTB) Investor presentation summary

Strategic capital raise overview

• $150 million follow-on offering aims to support organic growth, working capital, and balance sheet optimization strategies.

• Proceeds may be used for investments in the bank subsidiary and to expedite non-performing loan resolution and securities repositioning.

• Targeted CET1 ratio post-raise and Houston Transaction is 11%, aligning with public peers.

• The capital raise is expected to enhance flexibility and liquidity for further loan growth.

Recent transformation and growth initiatives

• Expanded into new Florida markets, opened multiple new banking centers, and exited NYC and Houston operations.

• Achieved strong organic growth: 9% CAGR in total assets and 12% CAGR in Florida loans since 2Q21.

• Continued hiring of business development talent and partnerships with major sports teams to drive brand awareness.

• Positioned as a leading Florida community bank with $10B+ in assets.

Securities portfolio repositioning

• Plans to sell $560M of securities with yields under 2.75% and all corporate debt, transferring $220M from HTM to AFS.

• Estimated after-tax loss of $50–60M from sales and $4M from reclassification.

• Reinvestment expected to improve portfolio yield, increase liquidity, and support loan growth.

• Anticipated reinvestment rates: 4.5% for securities, 7.0% for loans.