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Mar 31, 2024
Ameris Bank Q1 2024 Earnings Report
Reported solid financial results driven by disciplined approach and focus on core profitability.
Key Takeaways
Ameris Bancorp reported a net income of $74.3 million, or $1.08 per diluted share, for the quarter ended March 31, 2024. Adjusted net income was $75.6 million, or $1.10 per diluted share, excluding the FDIC special assessment and gain on bank owned life insurance proceeds.
Net income was $74.3 million, or $1.08 per diluted share.
Adjusted net income was $75.6 million, or $1.10 per diluted share, excluding certain items.
Net interest income was $202.3 million.
Noninterest income increased by $9.6 million to $65.9 million, driven by mortgage banking activity.
Ameris Bank
Ameris Bank
Ameris Bank Revenue by Segment
Revenue by Segment
Retail Mortgage Revenue
CapyFin.comWarehouse Lending Revenue
CapyFin.comPremium Finance Revenue
CapyFin.comBanking Division Revenue
CapyFin.com Forward Guidance
Ameris Bancorp is poised for a successful 2024, with its primary focus on core deposit growth and operating efficiency across its vibrant Southeastern operation.