 CORAL GABLES, Fla., Dec. 23, 2020 GLOBE NEWSWIRE -- Amerant Bancorp Inc. NASDAQ: AMTB and AMTBB the Company or Amerant announced today the final results of its successful modified Dutch auction tender offer to purchase, for cash, up to 50.0 million of shares of its Class B common stock, 0.10 par value per share the Class B Common Stock, at a price per share not less than 11.05 and not greater than 12.55, which expired at 11:59 p.m., New York City time, on December 18, 2020. As described below, the tender offer was oversubscribed and achieved the purpose of providing liquidity to the Companys shareholders while also generating value to all remaining shareholders since the accretion over tangible book value after the completion of this transaction is estimated to be 0.74 per share. 