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Miguel Palacios Biography and Net Worth

Insider of Amerant Bancorp

Miguel Palacios was named Executive Vice President and Chief Business Officer in February 2018. He is responsible for implementing Amerant’s corporate strategies, managing the business units and establishing performance and production targets to achieve the company’s financial objectives.

Palacios has held various roles since joining Amerant in 2005, including Executive Vice President and Domestic Personal & Commercial Manager from 2012 to 2018, Special Assets Manager from 2009 to 2012 and Corporate International-LATAM Manager from 2005 to 2009. He also served in various roles with Mercantil Servicios Financieros (MSF) since 1992.

Palacios graduated with a degree in Business Administration from Jose Maria Vargas University. Since 2018, he has been a member of the board of directors of Habitat for Humanity of Broward.

What is Miguel Palacios' net worth?: The estimated net worth of Miguel Palacios is at least $1.91 million as of May 3rd, 2021. Mr. Palacios owns 80,150 shares of Amerant Bancorp stock worth more than $1,912,379 as of November 17th. This net worth estimate does not reflect any other investments that Mr. Palacios may own. Learn More about Miguel Palacios' net worth.
How do I contact Miguel Palacios?: The corporate mailing address for Mr. Palacios and other Amerant Bancorp executives is 220 ALHAMBRA CIRCLE, CORAL GABLES FL, 33134. Amerant Bancorp can also be reached via phone at (305) 460-8728 and via email at [email protected]. Learn More on Miguel Palacios' contact information.
Has Miguel Palacios been buying or selling shares of Amerant Bancorp?: Miguel Palacios has not been actively trading shares of Amerant Bancorp during the past quarter. Most recently, on Monday, May 3rd, Miguel Palacios bought 2,000 shares of Amerant Bancorp stock. The stock was acquired at an average cost of $19.45 per share, with a total value of $38,900.00. Following the completion of the transaction, the insider now directly owns 80,150 shares of the company's stock, valued at $1,558,917.50. Learn More on Miguel Palacios' trading history.
Who are Amerant Bancorp's active insiders?: Amerant Bancorp's insider roster includes Miguel Palacios (Insider), Gerald Plush (Insider), Gustavo Vollmer A. (Director), and Millar Wilson (Director). Learn More on Amerant Bancorp's active insiders.
Are insiders buying or selling shares of Amerant Bancorp?: During the last twelve months, insiders at the sold shares 3 times. They sold a total of 18,019 shares worth more than $405,146.58. The most recent insider tranaction occured on May, 22nd when CAO Armando Fleitas sold 6,240 shares worth more than $140,961.60. Insiders at Amerant Bancorp own 13.5% of the company. Learn More about insider trades at Amerant Bancorp.
Information on this page was last updated on 5/22/2024.

Miguel Palacios Insider Trading History at Amerant Bancorp

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
5/3/2021	Buy	2,000	$19.45	$38,900.00	80,150

Miguel Palacios Buying and Selling Activity at Amerant Bancorp

Amerant Bancorp Company Overview

Amerant Bancorp Inc. operates as the bank holding company for Amerant Bank, N.A. that provides banking products and services to individuals and businesses in the United States and internationally. It offers checking, savings, business, and money market accounts; cash management services; and certificates of deposits. The company also provides variable and fixed rate commercial real estate loans; owner-occupied; single-family residential; commercial; and consumer loans and overdrafts, such as automobile, personal, or loans secured by cash or securities and revolving credit card agreements. In addition, it offers trust and estate planning products and services to high-net-worth customers, brokerage and investment advisory services in global capital markets, and wealth management and fiduciary services. Further, the company provides debit and credit cards, night depositories, direct deposits, cashier's checks, safe deposit boxes, letters of credit, and treasury management services, including wire transfer, remote deposit capture, and automated clearinghouse services; derivative instruments; and online and mobile banking, account balances, statements and other documents, online transfers and bill payment, and electronic delivery of customer statements services, as well as automated teller machines, and banking by mobile devices, telephone, and mail. It operates banking centers in Florida and Texas. The company was formerly known as Mercantil Bank Holding Corporation and changed its name to Amerant Bancorp Inc. in June 2019. Amerant Bancorp Inc. was founded in 1979 and is headquartered in Coral Gables, Florida.

Today's Range

Now: $23.86

$23.59

$24.27

50 Day Range

MA: $21.41

$19.67

$24.61

2 Week Range

Now: $23.86

$18.54

$27.00

Volume

144,267 shs

Average Volume

253,287 shs

Market Capitalization

$1.00 billion

P/E Ratio

N/A

Dividend Yield

1.51%

Beta

0.99

Financial Prophecy

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