AMTB — what changed in the latest 10-Q
A section-by-section comparison of AMTB's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-07-31 vs the prior 10-Q · 2026-05-01
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +151 | −102 | ~71 | 137 |
| Market risk (Item 3) | Text added/removed | +1 | −1 | ~6 | 9 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 2 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | Some risk factors updated | 0 | −8 | ~1 | 0 |
| Other information | Text added/removed | 0 | 0 | ~1 | 1 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-07-31
On May 18, 2026, the Board of Directors appointed Carlos Iafigliola as President and Chief Executive Officer of the Company and the Bank. Mr. Iafigliola had served as Interim Chief Executive Officer since November 2025. On May 26, 2026, Adrian Rodriguez, who had served as Interim Chief Operating Off…
On June 24, 2026, Alberto Capriles notified the Company of his intention to retire as Senior Executive Vice President and Chief Risk Officer of the Company and the Bank, effective upon the appointment of his successor. On July 21, 2026, the Company and the Bank appointed Yecimar Tirado Camacho, who …
In addition, during the first half of 2026, the Company expanded its physical presence with the opening of a new banking center in Bay Harbor Islands, FL.
The Company continued to advance its strategic priority to improve credit quality during the quarter through the enhancement of its credit risk management framework, underwriting standards, and portfolio oversight processes. These efforts are designed to reinforce a stronger credit culture, enhance …
In addition, the Company implemented enhanced underwriting, risk rating monitoring, and annual review processes intended to improve the timeliness and accuracy of credit risk assessments and support earlier identification of potential credit deterioration. The Company also strengthened problem asset…
Text removed vs the prior filing · source: 10-Q · 2026-05-01
Amerant Mortgage, LLC, a mortgage lending company domiciled in Florida (“Amerant Mortgage”) and Elant Bank & Trust Ltd., a bank and trust company domiciled in George Town, Grand Cayman (the “Cayman Bank”) are subsidiaries of the Bank. The Company is in the process of winding down and dissolving both…
In November 2025, the Board appointed Carlos Iafigliola, previously Senior Executive Vice President and Chief Operating Officer, as Interim Chief Executive Officer. The Board, supported by an external executive search firm, commenced a process to identify a permanent CEO which is ongoing as of the d…
During the first quarter of 2026, the Company refined its leadership structure to enhance execution of its strategic priorities, including the appointments of a Chief Domestic Banking Officer, a Chief International Banking Officer, and a Chief Product Officer. These actions are intended to strengthe…
In January 2026, we opened a new banking center in Bay Harbor Islands, FL.
In April 2025, considering its strategic decision to focus on Florida, the Company announced it would transition its mortgage business from a national mortgage originator model to an in-footprint mortgage focused approach, emphasizing mortgage lending that supports the Company’s retail and private b…
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-07-31
The estimated average effective duration of our investment portfolio increased to 4.7 years at June 30, 2026 compared to 4.4 years at December 31, 2025, due to: (i) an extension in the average life of the existing portfolio resulting from higher long-term interest rates; and (ii) new purchases of MB…
Text removed vs the prior filing · source: 10-Q · 2026-05-01
The estimated average effective duration of our investment portfolio increased to 5.0 years at March 31, 2026 compared to 4.4 years at December 31, 2025, due to higher market rates which decreased modeled prepayment expectations, as well as, a reduction in the floating rate securities proportion of …
Risk factors
Text removed vs the prior filing · source: 10-Q · 2026-05-01
Increased exposure to residential mortgage assets may heighten sensitivity to interest rate changes, housing market conditions, and secondary market liquidity.
During the first quarter of 2026, we increased our exposure to residential mortgage loans through portfolio acquisitions and expect to further expand this exposure through additional residential loan purchases in 2026. As a result, residential mortgage loans now represent a larger portion of our ear…
Fluctuations in interest rates, home prices, borrower credit performance, and housing market activity directly affect the performance of residential mortgage assets. A decline in interest rates below the weighted average coupon of our portfolio could accelerate prepayments and asset runoff, reducing…
Our residential mortgage portfolio includes a significant concentration of jumbo and other nonconforming loans. The secondary market for these products is generally less liquid than the market for conforming mortgages and may be subject to volatility or disruption, which could limit our ability to s…
Adverse developments in interest rates, housing market conditions, borrower performance, or secondary market liquidity could result in higher delinquencies, valuation changes, reduced interest or noninterest income, or increased charge‑offs. Any of these factors could materially and adversely affect…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice