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Ameris Bancorp(ABCB) - 2024 Q3 - Quarterly Report
2024-11-08 21:26
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $1 per share ABCB New York Stock Exchange Emerging growth company ☐ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 O ...
Ameris Bancorp(ABCB) - 2024 Q3 - Earnings Call Transcript
2024-10-25 16:15
Ameris Bancorp (NYSE:ABCB) Q3 2024 Earnings Conference Call October 25, 2024 9:00 AM ET Company Participants Nicole Stokes - CFO Palmer Proctor - CEO Doug Strange - CCO Conference Call Participants Will Jones - KBW Christopher Marinac - Janney Russell Gunther - Stephens Manuel Navas - D.A. Davidson David Feaster - Raymond James Brandon King - Truist Securities Operator Good day, and welcome to the Ameris Bancorp Third Quarter Earnings Conference Call. All participants will be in a listen-only mode. [Operato ...
Ameris Bancorp (ABCB) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-10-24 23:36
For the quarter ended September 2024, Ameris Bancorp (ABCB) reported revenue of $284.74 million, up 5.1% over the same period last year. EPS came in at $1.38, compared to $1.16 in the year-ago quarter. The reported revenue represents a surprise of -2.02% over the Zacks Consensus Estimate of $290.6 million. With the consensus EPS estimate being $1.26, the EPS surprise was +9.52%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to deter ...
Ameris Bancorp (ABCB) Q3 Earnings Top Estimates
ZACKS· 2024-10-24 22:40
Ameris Bancorp (ABCB) came out with quarterly earnings of $1.38 per share, beating the Zacks Consensus Estimate of $1.26 per share. This compares to earnings of $1.16 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9.52%. A quarter ago, it was expected that this bank would post earnings of $1.15 per share when it actually produced earnings of $1.17, delivering a surprise of 1.74%. Over the last four quarters, the company has ...
Ameris Bancorp(ABCB) - 2024 Q3 - Quarterly Results
2024-10-24 21:10
News Release AMERIS BANCORP ANNOUNCES FINANCIAL RESULTS FOR THIRD QUARTER 2024 (1) ATLANTA, GA, October 24, 2024 - Ameris Bancorp (NYSE: ABCB) (the "Company") today reported net income of $99.2 million, or $1.44 per diluted share, for the quarter ended September 30, 2024, compared with $80.1 million, or $1.16 per diluted share, for the quarter ended September 30, 2023. Excluding the gain on sale of MSRs and natural disaster expenses, adjusted net income was $95.2 million, or $1.38 per diluted share, for the ...
Ameris Bancorp (ABCB) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
ZACKS· 2024-10-23 14:21
The upcoming report from Ameris Bancorp (ABCB) is expected to reveal quarterly earnings of $1.26 per share, indicating an increase of 8.6% compared to the year-ago period. Analysts forecast revenues of $290.6 million, representing an increase of 7.3% year over year.The consensus EPS estimate for the quarter has undergone a downward revision of 0.5% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this ...
Why Ameris Bancorp (ABCB) is Poised to Beat Earnings Estimates Again
ZACKS· 2024-10-04 17:15
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Ameris Bancorp (ABCB) , which belongs to the Zacks Banks - Southeast industry. This bank has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 2.76%. For the last reported quarter, Ameris Bancorp came out with earnings of $1.17 per share ...
AMERIS BANCORP TO ANNOUNCE THIRD QUARTER 2024 EARNINGS ON OCTOBER 24, 2024
Prnewswire· 2024-10-01 20:15
ATLANTA, Oct. 1, 2024 /PRNewswire/ -- Ameris Bancorp (NYSE: ABCB) (the "Company") announced today that it intends to release its third quarter 2024 financial results in a press release after the market closes on Thursday, October 24, 2024. H. Palmer Proctor, Jr., Chief Executive Officer, Nicole S. Stokes, Chief Financial Officer, and Douglas D. Strange, Chief Credit Officer, will host a teleconference at 9:00 a.m. Eastern time on Friday, October 25, 2024 to discuss the Company's results and answer appropria ...
Is Ameris Bancorp (ABCB) Stock Outpacing Its Finance Peers This Year?
ZACKS· 2024-09-20 14:41
For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Ameris Bancorp (ABCB) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.Ameris Bancorp is one of 859 companies in the Finance group. The Finance group currently sits at #3 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength o ...
AMERIS BANCORP ANNOUNCES QUARTERLY DIVIDEND
Prnewswire· 2024-09-19 20:15
ATLANTA, Sept. 19, 2024 /PRNewswire/ -- The board of directors of Ameris Bancorp (NYSE: ABCB) (the "Company") has declared a dividend of $0.15 per share of the Company's common stock, payable on October 7, 2024, to shareholders of record as of September 30, 2024.About Ameris BancorpAmeris Bancorp is the parent of Ameris Bank, a state-chartered bank headquartered in Atlanta, Georgia.  Ameris operates 164 financial centers across the Southeast and also serves consumer and business customers nationwide through ...