Ameris Bancorp (ABCB) Misses Q3 EPS by 1c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- 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 THIRD QUARTER 2022
October 27, 2022 4:05 PM EDTHighlights of the Company's results for the third quarter of 2022 include the following:
Net income of $92.6 million, or $1.34 per diluted shareGrowth in tangible book value(1) of $0.73 per share, or 10.4% annualized, to $28.62 at September 30, 2022Adjusted total revenue(1) grew $13.1 million, or 4.9%, when compared with last quarterImprovement in net interest margin of 31bps, from 3.66% last quarter to 3.97% this quarterAdjusted return on average assets(1) of 1.54%Adjusted return on average tangible common equity(1) of 18.33%Adjusted efficiency ratio(1) of 50.06%, compared with 53.66% last quarterOrganic growth in loans of $1.25 billion, or 28.4% annualizedContinued growth in... More