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Fitch alters Amerant Bancorp view to stable
Fitch Ratings said it changed the outlook to stable from negative and affirmed and then withdrew the long-term issuer default ratings for Amerant Bancorp Inc. (AMTB), its bank subsidiary Amerant Bank, NA and its wholly-owned intermediate holding company subsidiary Amerant Florida Bancorp at BB+.
“The rating outlook has been revised to stable from negative, reflecting an improving economic outlook that portends asset quality and earnings, and profitability performance commensurate with AMTB's rating,” the agency said in a press release.
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