Ameris Bancorp (ABCB) Misses Q1 EPS by 7c

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Go back to Ameris Bancorp (ABCB) Misses Q1 EPS by 7c

Ameris Bancorp Reports Operating Net Income of $9.8 Million, or $0.32 Per Diluted Share, for First Quarter 2015

April 23, 2015 8:01 AM EDT

MOULTRIE, Ga., April 23, 2015 /PRNewswire/ -- AMERIS BANCORP (NASDAQ-GS: ABCB) today reported operating net income of $9.8 million, or $0.32 per diluted share, for the quarter ended March 31, 2015, compared to $8.1 million, or $0.32 per diluted share, for the quarter ended March 31, 2014.  Commenting on the Company's quarterly results, Edwin W. Hortman, Jr., the Company's President and Chief Executive Officer, said, "In the first quarter of 2015, we announced two highly accretive acquisitions and a supporting capital raise.  We had our strongest quarter in new loan originations with better than expected yields.  Our mortgage group had its... More