earnings
confidence high
sentiment positive
materiality 0.80
Ameris Bancorp Q4 2024 EPS $1.37; NIM expands to 3.64%; dividend up 33% to $0.20
Ameris Bancorp
2024-FY EPS reported
$5.19
- Net income $94.4M ($1.37 diluted EPS) vs $65.9M ($0.96) YoY; adjusted EPS $1.38.
- Net interest margin (TE) expanded 13bps to 3.64% in Q4; deposit costs decreased 27bps.
- Tangible book value up $4.95/share to $38.59 (14.7% YoY); TCE ratio 10.59%.
- Dividend raised 33% to $0.20 per common share; no share repurchases in Q4.
- Credit quality: provision $12.8M; net charge-offs 0.17% annualized; NPA ratio 0.47%.