Ameris Bancorp (ABCB) Tops Q1 EPS by 10c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- Wall St set for muted open as Middle East tensions curb risk appetite
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
AMERIS BANCORP ANNOUNCES FINANCIAL RESULTS FOR FIRST QUARTER 2022
April 26, 2022 4:05 PM EDTHighlights of the Company's results for the first quarter of 2022 include the following:
Net income of $81.7 million, or $1.17 per diluted share Organic growth in loans of $269.5 million, or 6.8% annualized (and $350.7 million, or 8.9% annualized, exclusive of PPP loans), during 2022 Growth in tangible book value of $0.58 per share, or 2.2%, to $26.84 at March 31, 2022, compared with $26.26 at December 31, 2021 Less than 1% dilution in tangible book value from decrease in unrealized gain on available-for-sale securities Improvement in net interest margin of 17bps, from 3.18% last quarter to 3.35% this quarter Adjusted return on average assets of... More