Welcome to our dedicated page for Ameris Bancorp news (Ticker: ABCB), a resource for investors and traders seeking the latest updates and insights on Ameris Bancorp stock.
Ameris Bancorp (NYSE: ABCB) is the parent company of Ameris Bank, a state‑chartered bank headquartered in Atlanta, Georgia. This news page aggregates company announcements and market updates related to Ameris Bancorp and Ameris Bank, giving readers a single place to review the latest disclosures from this commercial banking organization.
Ameris Bancorp regularly issues earnings press releases detailing quarterly financial results, including net income, net interest income, net interest margin, loan and deposit trends, efficiency ratio, tangible book value measures and credit quality metrics. These releases are often accompanied by teleconference details and investor presentation materials, and are also furnished to the SEC on Form 8‑K.
In addition to earnings, Ameris Bancorp news covers capital management actions such as quarterly cash dividends on its common stock and board‑authorized share repurchase programs. Announcements may describe the size and duration of repurchase authorizations, as well as the factors that influence the timing and amount of any repurchases.
Ameris Bank also issues news related to community and customer initiatives. Recent communications highlight participation in Federal Home Loan Bank of Atlanta Affordable Housing Program grants that support multifamily affordable rental developments in Georgia and Florida, and the Ameris Choice homebuyer assistance program, which offers down payment assistance to qualified first‑time homebuyers in selected southeastern markets.
By following this page, readers can review Ameris Bancorp’s official statements on financial performance, dividends, share repurchases, affordable housing grants, homeownership programs and other developments affecting the company’s commercial banking operations and lending activities.
Ameris Bancorp reported strong Q1 2025 financial results with net income of $87.9 million, or $1.27 per diluted share, up from $74.3 million in Q1 2024. Key highlights include:
- Net interest margin expanded to 3.73%, a 9 basis point increase from Q4 2024
- Tangible book value grew 12.5% annualized to $39.78 per share
- Noninterest bearing deposits increased to 30.8% of total deposits
- Total assets reached $26.51 billion
- Efficiency ratio improved to 52.83%
The bank strengthened its financial position with TCE ratio growing to 10.78% and increased allowance for credit losses to 1.67% of loans. Credit quality remained solid with annualized net charge-offs at 0.18%. The bank's focus on operational efficiency, strong core deposits, and healthy margins positions it well for continued growth in Southeast markets.
Ameris Bancorp (NYSE: ABCB) has scheduled the release of its first quarter 2025 financial results after market close on April 28, 2025. The company will host a teleconference on April 29, 2025, at 9:00 a.m. Eastern time, featuring CEO H. Palmer Proctor, Jr., CFO Nicole S. Stokes, and CCO Douglas D. Strange.
The conference call will be accessible via phone at 1-844-481-2939, with a replay available until May 6, 2025, at 1-877-344-7529 (access code: 5049412). Financial information will be available on the Ameris Bank website's Investor Relations page, including a live webcast option.
Ameris Bank, headquartered in Atlanta, Georgia, operates 164 financial centers across the Southeast and serves customers nationwide through select lending channels. The bank manages $26.3 billion in assets as of December 31, 2024, offering traditional banking, lending, treasury, cash management, insurance premium financing, and mortgage services.
Ameris Bancorp (NYSE: ABCB) has announced its quarterly dividend payment of $0.20 per share of common stock. The dividend will be paid on April 7, 2025, to shareholders of record as of March 31, 2025.
Ameris Bank, a state-chartered bank headquartered in Atlanta, Georgia, operates 164 financial centers across the Southeast and serves customers nationwide through select lending channels. The bank currently manages $26.3 billion in assets as of December 31, 2024, offering traditional banking and lending products, treasury and cash management, insurance premium financing, and mortgage services.
Ameris Bank has announced the promotion of Merri Ellen Wadsworth to the position of controller, where she will report to Chief Financial Officer Nicole Stokes. In her new role, Wadsworth will oversee accounting and finance functions, including accounts payable, core bank accounting, business line accounting, general ledger maintenance, and financial system controls.
Wadsworth, who joined Ameris in 2020 as director of Finance and Accounting, previously served as EVP and managing director of Enterprise Operations. Her achievements include leading financial planning and budgeting processes, redesigning the Accounting and Finance organizational structure, and building an accountant team to support business operations.
Prior to Ameris, she held positions as director of financial reporting at SunTrust (now Truist) and audit senior manager at Crowe Horwath, LLP. Wadsworth holds bachelor's and master's degrees in accounting from Georgia Southern University and is a Certified Public Accountant.
Ameris Bank (ABCB) has announced a donation of $1.694 million to 17 rural hospitals across Georgia through the Georgia HEART Hospital Program in 2025. This represents the bank's eighth consecutive year participating in the state income tax credit program, bringing their total contributions to $14.6 million.
The donations will benefit healthcare facilities across 17 counties, including Colquitt Regional Medical Center, Liberty Regional Medical Center, Southeast Georgia Health System, Higgins General Hospital, and Dodge County Hospital. The Georgia Rural Hospital Tax Credit program, established in 2017, allows Georgia businesses and taxpayers to redirect their state income tax liability to support eligible hospitals.
Ameris Bank (ABCB) has announced a $2 million contribution to the Florida Housing Finance 's Live Local Program, which provides low-interest loans for affordable housing development in Florida. The program, administered by the State Apartment Incentive Loan Program (SAIL), offers taxpayers dollar-for-dollar credit against Florida corporate income tax or insurance premium tax.
CEO Palmer Proctor emphasized the initiative's focus on supporting workers seeking housing near their workplace, as well as addressing the needs of elderly and low-income families affected by housing availability.
Ameris Bancorp (NYSE: ABCB) reported strong Q4 2024 financial results with net income of $94.4 million, or $1.37 per diluted share, up from $65.9 million in Q4 2023. Key highlights include:
- Total revenue growth of 9.8% annualized
- Net interest income increase of $7.7 million to $222.8 million
- Net interest margin expansion to 3.64%
- Efficiency ratio of 52.26%
- 33.3% dividend increase to $0.20 per share
For full-year 2024, the company achieved:
- Net income of $358.7 million ($5.19 per diluted share)
- ROA of 1.38%
- Total deposits increase of $1.01 billion (4.9%)
- Tangible book value growth of 14.7% to $38.59
- Net charge-offs declined to 0.19% of average total loans
Ameris Bank (ABCB) has announced multiple strategic hires and promotions across its Commercial Banking team in key Southeast markets. Key appointments include John Krusoe as Tampa market president, Andrew Hebert as senior commercial relationship manager in Orlando, and Thomas McTier II as senior middle market relationship manager in Charlotte.
In Atlanta, the bank promoted Chap Bennett to managing director of the Homebuilder Division and Scott Cleveland to north Atlanta market president. Other notable hires include William Brown in Charlotte, Era Kohli and William Wideman in Atlanta's business banking team.
These appointments strengthen Ameris Bank's commercial banking capabilities across various sectors including agribusiness, healthcare, professional services, and manufacturing. The bank's strategy focuses on enhancing its presence in high-growth Southeast markets through experienced leaders with local market expertise.
Ameris Bancorp (NYSE: ABCB) has earned a spot on Forbes' inaugural list of America's Best Companies 2025. The selection process involved analyzing over 60 metrics, including customer sentiment, public trust, cybersecurity, employee satisfaction, workforce stability, and financial strength.
CEO Palmer Proctor, Jr. attributed this recognition to the team's dedication to excellent customer service while maintaining strong performance metrics. The bank operates more than 200 locations across the Southeast and Mid-Atlantic regions, offering comprehensive financial services including mortgage loans, retail banking, credit cards, business banking, and treasury services.
The bank combines technology-driven solutions with personalized service, featuring both physical branches and digital banking options. Ameris Bancorp was selected among thousands of companies for Forbes' Top 300 list, which Forbes describes as a 'definitive ranking of company quality.'
Ameris Bancorp (NYSE: ABCB) has scheduled its fourth quarter and full year 2024 financial results announcement for January 30, 2025, after market close. The company will host a teleconference on January 31, 2025, at 9:00 a.m. Eastern time, featuring CEO H. Palmer Proctor, Jr., CFO Nicole S. Stokes, and CCO Douglas D. Strange.
Investors can access the conference call by dialing 1-844-481-2939, with a replay available until February 7, 2025, at 1-877-344-7529 using access code 2270789. The presentation will also be available via webcast on the Ameris Bank Investor Relations website.
Ameris Bank, headquartered in Atlanta, Georgia, operates 164 financial centers across the Southeast and manages $26.4 billion in assets as of September 30, 2024. The bank offers traditional banking services, treasury management, insurance premium financing, and mortgage services.