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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.
Revenue by Segment
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.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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