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Ameris Bancorp(ABCB) - 2024 Q1 - Earnings Call Presentation
2024-04-27 15:57
1st Quarter 2024 Results Investor Presentation Cautionary Statements This presentation contains forward-looking statements, as defined by federal securities laws, including, among other forward- looking statements, certain plans, expectations and goals. Words such as “may,” “believe,” “expect,” “anticipate,” “intend,” “will,” “should,” “plan,” “estimate,” “predict,” “continue” and “potential” or the negative of these terms or other comparable terminology, as well as similar expressions, are meant to identif ...
Ameris Bancorp (ABCB) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-04-26 00:36
For the quarter ended March 2024, Ameris Bancorp (ABCB) reported revenue of $268.22 million, up 0.2% over the same period last year. EPS came in at $1.10, compared to $0.86 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $259.71 million, representing a surprise of +3.28%. The company delivered an EPS surprise of +3.77%, with the consensus EPS estimate being $1.06.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...
Ameris Bancorp (ABCB) Q1 Earnings and Revenues Beat Estimates
Zacks Investment Research· 2024-04-25 23:11
Ameris Bancorp (ABCB) came out with quarterly earnings of $1.10 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $0.86 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.77%. A quarter ago, it was expected that this bank would post earnings of $1.12 per share when it actually produced earnings of $1.07, delivering a surprise of -4.46%.Over the last four quarters, the company has s ...
Ameris Bancorp(ABCB) - 2024 Q1 - Quarterly Results
2024-04-25 20:22
Exhibit 99.1 News Release AMERIS BANCORP ANNOUNCES FINANCIAL RESULTS FOR FIRST QUARTER 2024 Highlights of Ameris’s results for the first quarter of 2024 include the following: · Net income of $74.3 million, or $1.08 per diluted share; Adjusted net income of $75.6 million, or $1.10 per diluted share · Return on average assets ("ROA") of 1.18%; Adjusted ROA of 1.20% · Pre-tax, pre-provision net revenue (PPNR) ROA of 1.89% · Growth in tangible book value of $0.88 per share, or 10.5% annualized, to $34.52 at Ma ...
Brady Gailey Joins Ameris Bank as Executive Director of Corporate Development
Prnewswire· 2024-03-18 12:00
ATLANTA, March 18, 2024 /PRNewswire/ -- Ameris Bank is pleased to announce Brady Gailey has joined the bank as Executive Director of Corporate Development, effective today. In this role, Gailey will work closely with executive management to support strategic decisions and will be responsible for investor relations, corporate strategic analysis and financial performance review. "Brady has an extensive background in the banking industry and a history of covering Ameris Bank, which gives him a unique insight i ...
Ameris Bancorp(ABCB) - 2023 Q4 - Annual Report
2024-02-28 21:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023, or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . 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.) ...
Ameris Bank Recognized for Excellence in Small Business Banking
Prnewswire· 2024-02-23 21:05
ATLANTA, Feb. 23, 2024 /PRNewswire/ -- Ameris Bank has been recognized with five Greenwich Excellence Awards for Small Business Banking in 2023. Among more than 500 banks evaluated, Ameris Bank is one of 39 cited for Distinctive Quality in Small Business Banking nationally. The awards are based on interviews with nearly 28,000 executives of small businesses with sales of $1-$10 million across the country on a series of qualitative metrics measured by Coalition Greenwich. "Ameris is a national winner in over ...
Ameris Bancorp(ABCB) - 2023 Q4 - Earnings Call Transcript
2024-01-26 17:40
Ameris Bancorp (NASDAQ:ABCB) Q4 2023 Earnings Conference Call January 25, 2024 9:00 AM ET Company Participants Nicole Stokes - EVP and CFO Palmer Proctor - CEO Jon Edwards - EVP and CCO Conference Call Participants Brady Gailey - KBW Casey Whitman - Piper Sandler Christopher Marinac - Janney David Feaster - Raymond James Operator Good day, and welcome to the Ameris Bancorp Fourth Quarter Conference Call. All participants will be in a listen-only mode. [Operator Instructions] Please note this event is being ...
Ameris Bancorp(ABCB) - 2023 Q4 - Earnings Call Presentation
2024-01-26 14:11
th 4 Quarter 2023 Results Investor Presentation Cautionary Statements This presentation contains forward-looking statements, as defined by federal securities laws, including, among other forward- looking statements, certain plans, expectations and goals. Words such as “may,” “believe,” “expect,” “anticipate,” “intend,” “will,” “should,” “plan,” “estimate,” “predict,” “continue” and “potential” or the negative of these terms or other comparable terminology, as well as similar expressions, are meant to identi ...
Compared to Estimates, Ameris Bancorp (ABCB) Q4 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-01-26 01:06
For the quarter ended December 2023, Ameris Bancorp (ABCB) reported revenue of $262.35 million, down 3.7% over the same period last year. EPS came in at $1.07, compared to $1.17 in the year-ago quarter.The reported revenue represents a surprise of -1.83% over the Zacks Consensus Estimate of $267.23 million. With the consensus EPS estimate being $1.12, the EPS surprise was -4.46%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall S ...