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Sep 30, 2022
Ameris Bank Q3 2022 Earnings Report
Ameris Bank's financial performance was announced for Q3 2022.
Key Takeaways
Ameris Bancorp reported a net income of $92.6 million, or $1.34 per diluted share, for the quarter ended September 30, 2022. The company saw significant expansion in net interest margin to 3.97% and improvement in efficiency ratio to just over 50%.
Net income was $92.6 million, or $1.34 per diluted share.
Tangible book value grew by $0.73 per share, or 10.4% annualized, to $28.62.
Adjusted total revenue grew by $13.1 million, or 4.9%, compared to last quarter.
Net interest margin improved by 31bps, from 3.66% last quarter to 3.97% this quarter.
Revenue by Segment
Forward Guidance
The company did not provide a forward guidance.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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