Amerant Bancorp Inc. Class A (AMTB) has disclosed a new risk, in the Corporate Activity and Growth category.
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Amerant Bancorp Inc. Class A faces considerable operational risks stemming from its vast array of financial service functions that depend heavily on the proficiency of its employees, third-party vendors, and robustness of its systems to handle numerous transactions. The inherent operational risk includes potential losses due to fraud, both internal and external, incorrect or unauthorized transactions by employees, technological pitfalls, and breaches of internal controls. These risks have been exacerbated by the adoption of remote and hybrid work environments, which persist as a response to the COVID-19 pandemic, introducing new challenges in maintaining the integrity and security of operations.
The average AMTB stock price target is $26.00, implying 18.07% upside potential.
To learn more about Amerant Bancorp Inc. Class A’s risk factors, click here.