SEC Form 10-Q filed by Ameris Bancorp

Highlights of Ameris's results for the third quarter of 2024 include the following: Net income of $99.2 million, or $1.44 per diluted share; Adjusted net income(1) of $95.2 million, or $1.38 per diluted share Return on average assets ("ROA") of 1.49%; Adjusted ROA(1) of 1.43% Pre-tax, pre-provision net revenue (PPNR) ROA(1) of 1.99%; Growth in tangible book value(1) of $1.72 per share, or 19.1% annualized, to $37.51 at September 30, 2024 TCE ratio(1) of 10.24%, compared with 9.11% one year ago Completed the sale of a pool of mortgage servicing rights ("MSR") recognizing a gain of $5.2 million and reducing exposure to GNMA nonaccrual loans by $85.4 million Net interest margin

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 appropriate questions. The conference call can be accessed by dialing 1-844-481-2

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 Bancorp Ameris 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 select lending channels. Ameris manages $26.5 billion in assets as of

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 into our company," said Ameris Chief Financial Officer Nicole Stokes. "H

ATLANTA, Feb. 7, 2024 /PRNewswire/ -- Ameris Bancorp (NASDAQ:ABCB) announced that Claire E. McLean has been appointed a director of the company, effective February 7, 2024. Ms. McLean, 44, currently serves as Chief Operating Officer and Executive Vice President of Preferred Capital Securities, LLC and as President of its affiliate, Preferred Shareholder Services. She previously served as a Managing Director of Ernst & Young LLP, where she spent more than twenty years in public accounting. Ms. McLean has experience in the areas of banking and finance, payments/technology, trust

ATLANTA, Dec. 21, 2023 /PRNewswire/ -- Ameris Bank is pleased to announce Clyde Anderson as director of Community Lending, effective December 18. In this newly created role, Anderson will be responsible for oversight of the bank's commitments to the Community Reinvestment Act (CRA) and the Fair Lending programs. "Clyde Anderson brings an extensive background in community development, government relations and the mortgage business," said Ameris Bank Chief Risk Officer Bill McKendry. "His experience aligns perfectly with our goal of enhancing our community lending solutions that

Ameris Bancorp (NASDAQ:ABCB) (the "Company" or "Ameris") announced today that it is transferring the listing of its common stock to the New York Stock Exchange ("NYSE") from The Nasdaq Stock Market LLC ("Nasdaq").

Ameris Bank announced today that Emily Dawkins has joined the company as Florida president of Ameris Bank. In this role, Dawkins will be responsible for the continued development and expansion of Ameris Bank's presence throughout Florida, while also accelerating the bank's commitment to commercial and individual customers through its expansive commercial lending, treasury and traditional banking offerings. Dawkins replaces Brian Parks, who has been promoted to head of Wholesale Banking at Ameris. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241104847537/en/Emily Dawkins (Photo: Business Wire) Dawkins was most recently regional

Ameris Bank has promoted Brian Parks to the newly created role of head of Wholesale Banking, reporting to Ameris Bank President Lawton Bassett. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241031869798/en/Brian Parks (Photo: Business Wire) Parks will be based in Atlanta and oversee Treasury Management, Industry Specialty Banking, Commercial Real Estate & Capital Markets, and Corporate Banking, as well as the metro Atlanta market. Parks joined Ameris in 2020 as regional president covering the majority of the company's Florida markets spanning from Jacksonville to Orlando to Tampa. He expanded Ameris Bank's presence throughout F

Highlights of Ameris's results for the third quarter of 2024 include the following: Net income of $99.2 million, or $1.44 per diluted share; Adjusted net income(1) of $95.2 million, or $1.38 per diluted share Return on average assets ("ROA") of 1.49%; Adjusted ROA(1) of 1.43% Pre-tax, pre-provision net revenue (PPNR) ROA(1) of 1.99%; Growth in tangible book value(1) of $1.72 per share, or 19.1% annualized, to $37.51 at September 30, 2024 TCE ratio(1) of 10.24%, compared with 9.11% one year ago Completed the sale of a pool of mortgage servicing rights ("MSR") recognizing a gain of $5.2 million and reducing exposure to GNMA nonaccrual loans by $85.4 million Net interest margin