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 reports news as a bank holding company operating through Ameris Bank, a state-chartered bank serving consumer and business customers across a Southeast financial-center network and nationwide through selected lending channels. Updates commonly cover quarterly earnings, net interest income and margin trends, loan and earning-asset growth, credit-related commentary, and capital actions such as dividends and common-stock repurchases.
Company announcements also address Ameris Bank products and service lines, including traditional banking and lending, treasury and cash management, mortgage and refinancing services, equipment finance, warehouse lending, and insurance premium financing. Governance and leadership changes at the bank holding company and its subsidiary are recurring disclosure themes.
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.
Ameris Bancorp (NYSE: ABCB) has announced a 33.3% increase in its quarterly dividend, raising it from $0.15 to $0.20 per share. The dividend will be payable on January 6, 2025, to shareholders of record as of December 31, 2024.
The company, headquartered in Atlanta, Georgia, operates 164 financial centers across the Southeast and serves customers nationwide through select lending channels. As of September 30, 2024, Ameris manages $26.4 billion in assets and provides traditional banking, lending products, treasury and cash management, insurance premium financing, and mortgage services.
Nexus W2V has secured $140 million in investments, including a $75 million structured equity commitment from Orion Infrastructure Capital, to construct its flagship Kingsbury Bioenergy Complex in La Porte, Indiana. The facility will convert organic waste into renewable natural gas (RNG) and other products.
Located 70 miles from Chicago, the facility will process 200 tons of organic waste daily and is expected to be fully operational by the end of 2026, creating 35 local jobs. The RNG produced will be injected into Northern Indiana's pipeline system. Additional investors include Nexus Holdings, Khasma Capital, Sterling Bank, and Ameris Bank.
Nexus W2V, a waste-to-value infrastructure developer, has secured a $140MM investment package, including a $75 million structured equity commitment from Orion Infrastructure Capital (OIC), with additional funding from Nexus Holdings, Khasma Capital, and Ameris Bank. The company has announced the construction of its flagship Kingsbury Bioenergy Complex in La Porte, Indiana.
The facility, located 70 miles outside Chicago, will process 200 tons of organic waste daily into renewable natural gas (RNG) and other products. The RNG will be injected into Northern Indiana's pipeline system. Expected to be fully operational by the end of 2026, the project will create 35 local jobs and serve as a blueprint for future nationwide waste-to-value projects.
Ameris Bank has appointed Emily Dawkins as its new Florida president, succeeding Brian Parks who has been promoted to head of Wholesale Banking. Dawkins, formerly regional president of North Florida at Truist, brings 20 years of banking experience to her new role.
In her position, Dawkins will oversee the bank's expansion throughout Florida and enhance its commercial lending, treasury, and traditional banking services. Her background includes completing Truist's Commercial Associate Program and serving as both a Commercial relationship manager and Capital Markets originator.
Active in community service, Dawkins serves on the Baptist Medical Center South Board and ReThreaded's Circle of Sisters. She holds a BS in Finance with a Spanish minor from the University of Florida.
Ameris Bank has appointed Brian Parks as the new head of Wholesale Banking, reporting to President Lawton Bassett. Parks, who will be based in Atlanta, will oversee Treasury Management, Industry Specialty Banking, Commercial Real Estate & Capital Markets, Corporate Banking, and the metro Atlanta market. Since joining Ameris in 2020 as regional president for Florida markets, Parks has expanded the bank's presence from Jacksonville to Orlando to Tampa. Prior to Ameris, he spent 22 years at SunTrust (now Truist) in various leadership roles.
Ameris Bancorp (NYSE: ABCB) reported strong Q3 2024 financial results with net income of $99.2 million, or $1.44 per diluted share, up from $80.1 million in Q3 2023. Key highlights include adjusted net income of $95.2 million ($1.38 per diluted share), net interest margin of 3.51%, and total deposits growth of $435.1 million (8.1% annualized). The company achieved a Return on Average Assets of 1.49% and grew tangible book value by 19.1% annualized to $37.51. Notable improvements include TCE ratio reaching 10.24% and reduced exposure to GNMA nonaccrual loans by $85.4 million through MSR sale.
Ameris Bancorp (NYSE: ABCB) has announced that it will release its third quarter 2024 financial results after market close on Thursday, October 24, 2024. The company will host a teleconference on Friday, October 25, 2024, at 9:00 a.m. Eastern time to discuss the results. Key executives, including CEO H. Palmer Proctor, Jr., CFO Nicole S. Stokes, and CCO Douglas D. Strange, will lead the call.
Investors can access the conference call by dialing 1-844-481-2939 with the conference ID 'Ameris Bancorp'. A replay will be available until November 1, 2024, by dialing 1-877-344-7529 with access code 1525671. Additionally, a live webcast will be available on the Investor Relations page of the Ameris Bank website.
Ameris Bancorp, the parent company of Ameris Bank, operates 164 financial centers across the Southeast and serves customers nationwide. As of June 30, 2024, Ameris manages $26.5 billion in assets and offers a range of banking, lending, treasury, and insurance services.