 CORAL GABLES, Fla., Oct. 29, 2020 GLOBE NEWSWIRE -- Amerant Bancorp Inc. NASDAQ: AMTB and AMTBB the Company or Amerant today reported third quarter of 2020 net income of 1.7 million, compared to a net loss of 15.3 million reported in the second quarter of 2020 and net income of 11.9 million reported in the third quarter of 2019. Net loss for the nine months ended September 30, 2020 was 10.2 million, compared to net income of 37.9 million reported in the nine months ended September 30, 2019. Operating income was 11.5 million in the third quarter of 2020, down 46.6 from 21.6 million in the second quarter of 2020, and down 9.8 from 12.8 million in the same period of 2019. Operating income was 49.8 million for the nine months ended September 30, 2020, up 14.5 from 43.5 million in the same period of 2019. 