Ameris Bancorp (ABCB) Tops Q3 EPS by 2c

October 17, 2016 7:19 AM EDT

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Ameris Bancorp (NASDAQ: ABCB) reported Q3 EPS of $0.61, $0.02 better than the analyst estimate of $0.59.

Commenting on the Company's quarterly results, Edwin W. Hortman, Jr., the Company's President and Chief Executive Officer, said, "In the third quarter, we continued to see reliable trends in the growth of both our balance sheet and our net earnings. The growth initiatives we began in recent years to invest our excess liquidity have been successful, and our Company is experiencing a pace of organic growth that we have not seen in many years. I am proud of the work our team has done producing another record quarter for Ameris Bank and am confident that our momentum will propel us to a strong 2017."

For earnings history and earnings-related data on Ameris Bancorp (ABCB) click here.

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