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Dec 31, 2021
Ameris Bank Q4 2021 Earnings Report
Ameris Bank reported record earnings for Q4 2021.
Key Takeaways
Ameris Bancorp reported net income of $81.9 million, or $1.18 per diluted share, for the quarter ended December 31, 2021, compared with $94.3 million, or $1.36 per diluted share, for the quarter ended December 31, 2020. The company's record earnings are a culmination of efforts across the entire team. The company remained focused this year and the success of our team was remarkable.
Net income of $81.9 million, or $1.18 per diluted share, compared with $81.7 million, or $1.17 per diluted share, in the third quarter of 2021
Successfully completed the acquisition of Balboa Capital Corporation, a point of sale and direct online provider of lending solutions to small and mid-sized businesses nationwide, in December 2021
Organic growth in loans of $383.9 million, or 10.4% annualized (and $536.6 million, or 14.8% annualized, exclusive of PPP loans), during the fourth quarter of 2021
Improvement in the adjusted efficiency ratio to 54.85% in the fourth quarter of 2021, from 56.56% in the third quarter of 2021
Revenue by Segment
Historical Earnings Impact
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Avg. Return Before/After Earnings
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