Ameris Bancorp (ABCB) Reports In-Line Q4 EPS
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Ameris Bancorp Announces Fourth Quarter And Full Year 2019 Financial Results
January 23, 2020 5:13 PM ESTATLANTA, Jan. 23, 2020 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") today reported net income of $61.2 million, or $0.88 per diluted share, for the quarter ended December 31, 2019, compared with $43.5 million, or $0.91 per diluted share, for the quarter ended December 31, 2018. The Company reported adjusted net income of $66.6 million, or $0.96 per diluted share, for the quarter ended December 31, 2019, compared with $45.9 million, or $0.96 per diluted share, for the same period in 2018. Adjusted net income excludes after-tax merger and conversion charges, executive retirement benefits, servicing right valuation adjustments, restructuring charges related to previously announced branch consolidations, gain on... More
