earnings
confidence high
sentiment positive
materiality 0.75
Ameris Bancorp Q3 net income $99.2M ($1.44 EPS); TCE ratio >10%; authorizes $100M buyback
Ameris Bancorp
2024-Q3 EPS reported
$3.83
- Net income $99.2M ($1.44 diluted EPS); adjusted net income $95.2M ($1.38).
- Net interest margin 3.51%; total deposits grew $435.1M (8.1% annualized).
- Tangible book value per share rose to $37.51; TCE ratio 10.24% vs 9.11% a year ago.
- Board authorized $100M share repurchase program through Oct 31, 2025.
- Nonperforming assets improved to 0.44% of total assets; net charge-offs 0.15% annualized.