The estimated Net Worth of Miguel Palacios is at least $1.89 Milione dollars as of 16 February 2023. Mr. Palacios owns over 4,436 units of Amerant Bancorp stock worth over $782,862 and over the last 5 years he sold AMTB stock worth over $0. In addition, he makes $1,109,210 as Executive Vice President e Chief Business Officer at Amerant Bancorp.
Miguel has made over 3 trades of the Amerant Bancorp stock since 2021, according to the Form 4 filled with the SEC. Most recently he exercised 4,436 units of AMTB stock worth $91,115 on 16 February 2023.
The largest trade he's ever made was exercising 4,436 units of Amerant Bancorp stock on 16 February 2023 worth over $91,115. On average, Miguel trades about 1,180 units every 82 days since 2019. As of 16 February 2023 he still owns at least 38,114 units of Amerant Bancorp stock.
You can see the complete history of Mr. Palacios stock trades at the bottom of the page.
Miguel Palacios serves as Executive Vice President, Chief Business Officer of the Company. Mr. Palacios is responsible for implementing our corporate strategies, managing the business units, and establishing performance and production targets to achieve our financial objectives. Mr. Palacios is responsible for products & channels. He has held various roles since joining the Bank in 2005, including as Executive Vice President and Domestic Personal and Commercial Manager from 2012 to 2018, Special Assets Manager from 2009 to 2012 and Corporate International-LATAM Manager from 2005 to 2009. Mr. Palacios also served in various roles with the Former Parent from 1992 to 2004. Mr. Palacios graduated with a degree in Business Administration from Jose Maria Vargas University.
As the Executive Vice President e Chief Business Officer of Amerant Bancorp, the total compensation of Miguel Palacios at Amerant Bancorp is $1,109,210. There are 1 executives at Amerant Bancorp getting paid more, with Millar Wilson having the highest compensation of $2,416,180.
Miguel Palacios is 51, he's been the Executive Vice President e Chief Business Officer of Amerant Bancorp since 2018. There are 17 older and 3 younger executives at Amerant Bancorp. The oldest executive at Amerant Bancorp Inc. is Frederick Copeland, 78, who is the Independent Chairman of the Board.
Miguel's mailing address filed with the SEC is 220, Alhambra Circle, Coral Gables, Miami-Dade County, Florida, 33134, United States.
Over the last 6 years, insiders at Amerant Bancorp have traded over $37,187,501 worth of Amerant Bancorp stock and bought 34,222 units worth $616,828 . The most active insiders traders include Servicios Financieros, C.A...., A. Gustavo J Vollmer e Gerald P Plush. On average, Amerant Bancorp executives and independent directors trade stock every 21 days with the average trade being worth of $601,350. The most recent stock trade was executed by Howard A. Levine on 10 June 2024, trading 1,725 units of AMTB stock currently worth $35,432.
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. The company offers checking, savings, and money market accounts; and certificates of deposits. It also provides variable and fixed rate commercial real estate loans; loans secured by owner-occupied properties; loans to domestic and foreign individuals primarily secured by personal residence; working capital loans, asset-based lending, participations in shared national credits, purchased receivables, and small business administration loans; loans to financial institutions and acceptances; and consumer loans and overdrafts, such as automobile, personal, or loans secured by cash or securities and revolving credit card agreements. In addition, the company 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, it 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. As of December 31, 2021, the company operated 24 banking centers comprising 17 in Florida and 7 in Texas. It also operates loan production offices in Tampa, Florida. 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.
Amerant Bancorp executives and other stock owners filed with the SEC include: