Ameris Bancorp (ABCB) Tops Q3 EPS by 1c

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Go back to Ameris Bancorp (ABCB) Tops Q3 EPS by 1c

Ameris Bancorp Reports Operating Net Income of $15.9 Million, or $0.49 Per Diluted Share, for Third Quarter 2015

October 23, 2015 7:00 AM EDT

MOULTRIE, Ga., Oct. 23, 2015 /PRNewswire/ -- AMERIS BANCORP (NASDAQ-GS: ABCB) (the "Company"), today reported operating net income of $15.9 million, or $0.49 per diluted share, for the quarter ended September 30, 2015, compared with $12.0 million, or $0.44 per diluted share, for the quarter ended September 30, 2014.  Operating earnings for the quarter exclude $75,000 of after-tax gains on the sale of securities and $283,000 of after-tax costs associated with the conversion of the Company's recently completed acquisitions.  For the year-to-date period ending September 30, 2015, the Company reported operating net income of $38.0 million, or $1.19 per diluted share, compared with $30.4 million, or $1.16... More