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Ameris Bank Expands Commercial Industry Expertise with Key Hires
Prnewswire· 2024-08-21 20:15
ATLANTA, Aug. 21, 2024 /PRNewswire/ -- Ameris Bank recently welcomed two commercial banking industry veterans to its well-established team. Bill Kilburg joins Ameris as senior vice president, relationship manager and Patrick Murphy will serve as senior vice president, government relationship manager.Bill KilburgPatrick MurphyBased in Metro Atlanta, Kilburg brings more than 25 years' experience in the financial services industry. He spent the last 20 years in commercial banking with BB&T (now Truist), in rol ...
Ameris Bancorp(ABCB) - 2024 Q2 - Quarterly Report
2024-08-08 20:22
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 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 June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-13901 AMERIS BANCORP (Exact name of registrant as specified in its charter) Georgia 58-1456434 (State of incorporation) (IRS Employer ID No.) 3490 Piedmont Rd N.E ...
Ameris Bank Hires Jorge Perez as Corporate Information Security Officer
Prnewswire· 2024-08-07 20:15
ATLANTA, Aug. 7, 2024 /PRNewswire/ -- Ameris Bank is pleased to welcome Jorge Perez as Corporate Information Security Officer (CISO), reporting to Chief Information Officer Ross Creasy."Jorge is a proven cybersecurity expert with extensive management experience leading programs in business and cyber risk management, strategy, engineering and operations," Creasy said. "His breadth of background in corporate technology, combined with direct experience in the financial services industry, makes him the perfect ...
Insider trading? Politician sells $1M of this stock days before earnings
Finbold· 2024-07-30 09:51
While some lawmakers in the United States continue to try to put a stop to politicians using the information attained through their positions to gain unfair advantage in stock trades, others seem to continue stock trading unbothered, including Representative Earl Leroy ‘Buddy’ Carter.Specifically, Carter has recently reported a massive sale of stocks of Ameris Bancorp (NYSE: ABCB), a bank holding company from Atlanta, Georgia, in a sale worth about $1 million, according to the data shared by the stock trade ...
Ameris Bancorp(ABCB) - 2024 Q2 - Earnings Call Transcript
2024-07-26 15:00
Ameris Bancorp (NYSE:ABCB) Q2 2024 Earnings Conference Call July 26, 2024 9:00 AM ET Company Participants Nicole Stokes - Chief Financial Officer Palmer Proctor - Chief Executive Officer Doug Strange - Executive Vice President and Chief Risk Officer Conference Call Participants Catherine Mealo - KBW Christopher Marinac - FIG Partners Brandon King - Truist Russell Gunther - Stephens Manuel Navas - D.A. Davidson David Feaster - Raymond James Operator Good day, and welcome to the Ameris Bancorp Second Quarter ...
Here's What Key Metrics Tell Us About Ameris Bancorp (ABCB) Q2 Earnings
ZACKS· 2024-07-26 00:00
Ameris Bancorp (ABCB) reported $301.59 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 8.9%. EPS of $1.17 for the same period compares to $0.91 a year ago.The reported revenue represents a surprise of +10.20% over the Zacks Consensus Estimate of $273.67 million. With the consensus EPS estimate being $1.15, the EPS surprise was +1.74%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to deter ...
Ameris Bancorp (ABCB) Beats Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-25 23:00
Ameris Bancorp (ABCB) came out with quarterly earnings of $1.17 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $0.91 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.74%. A quarter ago, it was expected that this bank would post earnings of $1.06 per share when it actually produced earnings of $1.10, delivering a surprise of 3.77%.Over the last four quarters, the company has su ...
Ameris Bancorp(ABCB) - 2024 Q2 - Quarterly Results
2024-07-25 20:32
Exhibit 99.1 News Release AMERIS BANCORP ANNOUNCES FINANCIAL RESULTS FOR SECOND QUARTER 2024 Highlights of Ameris's results for the second quarter of 2024 include the following: · Net income of $90.8 million, or $1.32 per diluted share; · Adjusted net income of $80.8 million, or $1.17 per diluted share · Return on average assets ("ROA") of 1.41%; Adjusted ROA of 1.25% · Pre-tax, pre-provision net revenue (PPNR) ROA of 2.25%; Adjustment items positively impacted PPNR ROA by 29 basis points · Growth in tangib ...
AMERIS BANCORP ANNOUNCES FINANCIAL RESULTS FOR SECOND QUARTER 2024
Prnewswire· 2024-07-25 20:15
Highlights of Ameris's results for the second quarter of 2024 include the following:Net income of $90.8 million, or $1.32 per diluted share;Adjusted net income(1) of $80.8 million, or $1.17 per diluted shareReturn on average assets ("ROA") of 1.41%; Adjusted ROA(1) of 1.25%Pre-tax, pre-provision net revenue (PPNR) ROA(1) of 2.25%; Adjustment items positively impacted PPNR ROA by 29 basis pointsGrowth in tangible book value(1) of $1.27 per share, or 14.8% annualized, to $35.79 at June 30, 2024TCE ratio(1) of ...
Curious about Ameris Bancorp (ABCB) Q2 Performance? Explore Wall Street Estimates for Key Metrics
ZACKS· 2024-07-25 14:21
In its upcoming report, Ameris Bancorp (ABCB) is predicted by Wall Street analysts to post quarterly earnings of $1.15 per share, reflecting an increase of 26.4% compared to the same period last year. Revenues are forecasted to be $273.67 million, representing a year-over-year decrease of 1.2%.Over the last 30 days, there has been a downward revision of 0.9% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their ...