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Amerant Bancorp Reports Sale Of Amerant Bank's Banking Operations And Six Branches In The Houston, Texas Metropolitan Area; No Terms Disclosed

Author: Benzinga Newsdesk | April 17, 2024 05:02pm

The transaction includes approximately $576 million of deposits and $529 million in loans. MidFirst Bank, based in Oklahoma City, Oklahoma, will acquire Amerant Bank's banking operations and six branches in the Houston, Texas metropolitan area. The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close in the second half of 2024.

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