Ameris Bancorp (ABCB) Tops Q1 EPS by 2c

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Ameris Bancorp Announces 20% Increase In Operating Results For First Quarter 2017

April 21, 2017 7:00 AM EDT

MOULTRIE, Ga., April 21, 2017 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") today reported net income of $21.2 million, or $0.59 per diluted share, for the quarter ended March 31, 2017, compared with $12.3 million, or $0.37 per diluted share, for the quarter ended March 31, 2016.  Commenting on the Company's quarterly results, Edwin W. Hortman, Jr., the Company's President and Chief Executive Officer, said, "We delivered another quarter of consistent financial results with very little noise.  Generally, the first quarter is our most challenging quarter, but control of operating expenses and double digit growth in year-over-year... More