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0 0 0.000405186385737503 0.000405186385737503 0.00162074554294987 0.000587520259319357 -0.00202593192868708 -0.00364667747163695
Stock impact report

MidFirst Bank closes purchase of Amerant Bank's Texas operations [Yahoo! Finance]

Amerant Bancorp Inc. (AMTB) 
Last amerant bancorp inc. earnings: 4/28 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
The deal was announced in April 2024. It includes approximately $573.9m in deposits and $479.2m in loans. MidFirst Bank chairman and CEO Jeff Records said: “Houston is a highly desirable and fast-growing market, and this acquisition is important to our growth plans for Texas.” As part of the deal, MidFirst took on Amerant Bank's Houston client relationships, while adding 45 employees and six banking locations. Amerant Bank, a subsidiary of Amerant Bancorp, has begun transitioning its Houston banking locations and accounts to MidFirst Bank. The transition is scheduled over the course of the Veterans Day weekend, with all former Amerant Bank locations in Houston reopening as MidFirst Bank branches on 12 November. Amerant Bank chairman and CEO Jerry Plush said: “We are pleased to announce the successful completion of the sale of our Houston banking operations to MidFirst Bank. “This strategic decision allows us to focus on accelerating growth in our core markets in Florida Show less Read more
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