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.
The National Association of Hispanic Real Estate Professionals has named three Ameris Bank mortgage originators to its 2024 Top 250 Mortgage Originators List. Armando SanMiguel ranked #1 in the Midwest and #2 nationally, while Jesse Esqueda and Carlos Adorno ranked #24 and #41 in the Southeast, respectively. Ameris Bank President Robert Odom expressed pride in the professionals' achievements and their commitment to customer care. SanMiguel, based in Nashville, TN, emphasizes smooth loan processing, while Esqueda and Adorno, both based in Lawrenceville, GA, focus on client needs and partnerships with real estate agents. Ameris Mortgage operates across eight states, offering various loan programs to support homeownership.
Ameris Bancorp (Nasdaq: ABCB) will release its second-quarter 2024 earnings after market close on July 25, 2024. A teleconference to discuss these results will be hosted by CEO H. Palmer Proctor, Jr., CFO Nicole S. Stokes, and Chief Credit Officer Douglas D. Strange at 9:00 a.m. Eastern time on July 26, 2024. It can be accessed by dialing 1-844-481-2939, with a replay available until August 2, 2024. Financial details will be posted on Ameris Bank's Investor Relations page. As of March 31, 2024, Ameris manages $25.7 billion in assets and operates 164 financial centers across the Southeast.
Ameris Bank announced a $2.23 million donation to 40 rural hospitals in Georgia through the Georgia HEART Hospital Program for 2024. This initiative, part of their ongoing participation since 2018, has cumulatively surpassed $12 million in contributions. CEO Palmer Proctor emphasized the importance of supporting rural healthcare, allowing hospitals to allocate funds as needed. Notably, many benefiting hospitals are outside Ameris' physical service areas, showcasing the bank's statewide commitment. With over $4 million donated in 2023 and 2024 combined, the bank's involvement in the Georgia Rural Hospital Tax Credit program continues to grow.
Ameris Bank, a subsidiary of Ameris Bancorp (Nasdaq: ABCB), has been ranked among the Top 10 banks in the U.S. for retail mortgage volume in Q1 2024. This achievement, highlighted by National Mortgage News, is based on data from the Federal Financial Institutions Examination Council. Despite industry declines, Ameris Bank saw an 8% increase in mortgage dollar volume, attributed to expert counsel, quick underwriting decisions, and competitive mortgage rates. Ameris operates 164 financial centers across the Southeast, managing $25.7 billion in assets as of March 31, 2024, and offers a variety of home loan and refinancing options.
On May 22, 2024, Ameris Bank recognized four employees for their exceptional community service. The winners of the 2024 Ameris Volunteer of the Year Awards are: Alicia Rhodes (first place), Jen Pollock (second place), and a tie for third place between Summer Richmond and Anderea Williams. Each winner will receive a grant for their chosen charity from the Ameris Foundation. Ameris Bank, a subsidiary of Ameris Bancorp (Nasdaq: ABCB), operates 164 financial centers across the Southeast and manages $25.7 billion in assets as of March 31, 2024.
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