Ameris Bancorp(US:ABCB)2025-02-01 00:17Financial Performance - The company reported net income of $944 million, or $137 per diluted share for 4Q24[13] - Adjusted net income was $951 million, or $138 per diluted share[13] - Net interest income (TE) increased by $77 million to $2228 million in 4Q24[13,23] - The net interest margin expanded by 13bps to 364% for the fourth quarter[13] - Adjusted efficiency ratio improved to 5182%[13] - For the year to date 2024, net income was $3587 million, or $519 per diluted share[15] - Adjusted net income for the year to date was $3466 million, or $502 per diluted share[15] Balance Sheet and Capital - Total deposits decreased by $1568 million, or 07%, during 4Q24[40] - Non-brokered deposits increased by $6752 million, or 33%[40] - Noninterest-bearing deposits remained strong at 299% of total deposits[7,13,40] - Tangible book value increased by $108 per share, or 115% annualized in 4Q24[13] - The CET1 ratio is strong at 126%[47]