Ameris Bancorp (ABCB) 25.26 $ABCB
Ameris Bancorp Reports Operating Net Income Of $12.0 Million, Or $0.44 Per Diluted Share, For Third Quarter 2014
PR Newswire - Wed Oct 22, 7:30AM CDT
AMERIS BANCORP (NASDAQ-GS: ABCB), today reported operating net income of $12.0 million, or $0.44 per diluted share, for the quarter ended September 30, 2014, compared to $6.6 million, or $0.27 per diluted share, for the quarter ended September 30, 2013. For the year to date period ending September 30, 2014, the Company reported operating net income of $30.5 million, or $1.17 per diluted share, compared to $17.3 million, or $0.71 per diluted share, for the same period in 2013. During the third quarter of 2014, the Company completed the conversion of Coastal Bankshares, Inc. ("Coastal"
and recorded additional merger expenses totaling approximately $383,000, or $0.01 per share, on an after-tax basis. Including these charges, the Company reported net income for the third quarter of 2014 of $11.7 million, or $0.43 per share. Commenting on the Company's quarterly results, Edwin W. Hortman, Jr., the Company's President and Chief Executive Officer, said, "Our bankers turned in an outstanding quarter resulting in an 87% improvement in net earnings available to common shareholders compared to the same quarter in 2013. Additionally, our system conversion of Coastal was successful and we are working diligently to ensure that the cost savings we identified are realized and in place during the fourth quarter of 2014."
ABCB: 25.26 (+0.41)
As Market Slides, Several Growth Names Hang In There
at Investor's Business Daily - Thu Oct 16, 5:58PM CDT
A weak market has resulted in plenty of damage to leading growth stocks, but several institutional-quality names -- and some lesser-known ones -- have weathered the market storm quite well. Keurig Green Mountain (GMCR) is trading tightly near highs...
GMCR: 152.90 (-0.16), HDB: 51.84 (-1.05), TYL: 110.25 (-0.30), ABCB: 25.26 (+0.41), DPZ: 90.80 (-0.05), INFY: 68.00 (+0.42), MFRM: 65.42 (+1.48), ROST: 81.41 (-0.47)
Ameris Bancorp Up 10.8% Since SmarTrend Uptrend Call (ABCB)
Comtex SmarTrend(R) - Tue Aug 26, 9:26AM CDT
SmarTrend identified an Uptrend for Ameris Bancorp (NASDAQ:ABCB) on June 6th, 2014 at $21.67. In approximately 3 months, Ameris Bancorp has returned 10.78% as of today's recent price of $24.00.
ABCB: 25.26 (+0.41)
Ameris Bancorp Reports Operating Net Income Of $10.0 Million, Or $0.40 Per Diluted Share, For Second Quarter 2014
PR Newswire - Tue Jul 22, 3:01PM CDT
AMERIS BANCORP (NASDAQ-GS: ABCB), Moultrie, Georgia, today reported operating net income of $10.0 million, or $0.40 per diluted share, for the quarter ended June 30, 2014, compared to $6.2 million, or $0.26 per diluted share, for the quarter ended June 30, 2013. For the year to date period ending June 30, 2014, the Company reported operating net income of $18.1 million, or $0.71 per diluted share, compared to $11.1 million, or $0.46 per diluted share, for the same period in 2013. During the second quarter of 2014, the Company completed the acquisition of Coastal Bankshares, Inc. ("Coastal" and recorded approximately $1.90 million, or $0.075 per share, of after-tax merger related charges. Including these charges, the Company reported net income in the second quarter of 2014 of $8.1 million, or $0.32 per common share. Commenting on the Company's quarterly results, Edwin W. Hortman, Jr., the Company's President and Chief Executive Officer, said, "I am pleased with our operating results for the second quarter of 2014. Our operating return on average assets and return on tangible equity for the quarter improved from the prior period to 1.15% and 15.85%, respectively. Strong trends in loan growth, funded mostly with non-rate sensitive deposits, very solid mortgage results and over $1.1 million of SBA revenue were among the factors contributing to a successful quarter."
ABCB: 25.26 (+0.41)
Uptrend Call Working As Ameris Bancorp Stock Rises 23.2% (ABCB)
Comtex SmarTrend(R) - Tue Apr 01, 4:41PM CDT
SmarTrend identified an Uptrend for Ameris Bancorp (NASDAQ:ABCB) on November 14th, 2013 at $19.28. In approximately 5 months, Ameris Bancorp has returned 23.18% as of today's recent price of $23.75.
ABCB: 25.26 (+0.41)
Regional, Thrift Banks Are Seen Picking Up M&A Deals
at Investor's Business Daily - Mon Mar 31, 10:15AM CDT
M&A activity among regional banks is off to a "warmer" start this year vs. the prior two years as struggling banks look for ways to increase shareholder value, according to a new analyst report. Sterne Agee analyst Brett Rabatin notes that 28...
BHLB: 25.66 (+0.29), WAL: 26.52 (-0.19), ABCB: 25.26 (+0.41), FISI: 24.63 (-0.37), UBSI: 35.15 (+0.18), OZRK: 36.30 (+0.63), UMPQ: 17.78 (+0.13), HOMB: 32.23 (-0.05), IBKC: 68.74 (+0.04), HTH: 20.95 (-0.07), CHCO: 46.13 (+0.07), PB: 60.12 (+0.42), SCBT: 60.67 (+0.99)
Shares of ABCB Up 23.7% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Tue Mar 25, 11:00AM CDT
SmarTrend identified an Uptrend for Ameris Bancorp (NASDAQ:ABCB) on November 14th, 2013 at $19.28. In approximately 4 months, Ameris Bancorp has returned 23.70% as of today's recent price of $23.85.
ABCB: 25.26 (+0.41)
Ameris Bancorp Announces Redemption Of Remaining TARP Preferred Stock
PR Newswire - Tue Mar 25, 9:32AM CDT
AMERIS BANCORP (NASDAQ-GS: ABCB), today announced the redemption, as of March 24, 2014, of the Company's remaining preferred stock originally issued under the U.S. Treasury's Troubled Asset Relief Program, totaling $28 million. In order to facilitate the redemption, the Company incurred no additional debt and issued no additional common equity, instead utilizing excess capital from its bank subsidiary, Ameris Bank. Commenting on the redemption, Edwin W. Hortman, Jr., President and CEO of the Company, said, "This final redemption of the TARP preferred stock brings to a close an important strategy for Ameris. As the economic crisis began to unfold, we vigorously increased our capital levels and were in a position to benefit from opportunities during the downturn. This additional, relatively inexpensive equity, played a part in our willingness to maintain a growth-oriented strategy through a volatile economic period. It is an important achievement for us to have been able to repay the entire $52 million of funds without issuing common stock or taking on additional borrowings."
ABCB: 25.26 (+0.41)
Ameris Bancorp Has Returned 23.4% Since SmarTrend Recommendation (ABCB)
Comtex SmarTrend(R) - Tue Mar 18, 9:35AM CDT
SmarTrend identified an Uptrend for Ameris Bancorp (NASDAQ:ABCB) on November 14th, 2013 at $19.28. In approximately 4 months, Ameris Bancorp has returned 23.44% as of today's recent price of $23.80.
ABCB: 25.26 (+0.41)
Ameris Bancorp (ABCB) Shares March Higher, Can It Continue? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Mar 14, 8:21AM CDT
Ameris Bancorp (ABCB) Shares March Higher, Can It Continue?
ABCB: 25.26 (+0.41)
Ameris Bancorp (ABCB) in Focus: Stocks Moves 6.4% Higher - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Mar 12, 7:37AM CDT
Ameris Bancorp was a big mover last session, as the company saw its shares rise more than 6% on the day.
ANCX: 17.20 (+0.04), BKYF: 47.24 (-0.14), ABCB: 25.26 (+0.41), SYBT: 32.32 (-0.87)
Ameris Bancorp (ABCB) Enters Overbought Territory - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Mar 12, 6:47AM CDT
Ameris Bancorp (ABCB) Enters Overbought Territory
ABCB: 25.26 (+0.41)
Ameris Bancorp Shares Up 13.5% Since SmarTrend's Buy Recommendation (ABCB)
Comtex SmarTrend(R) - Tue Mar 11, 9:22AM CDT
SmarTrend identified an Uptrend for Ameris Bancorp (NASDAQ:ABCB) on November 14th, 2013 at $19.28. In approximately 4 months, Ameris Bancorp has returned 13.49% as of today's recent price of $21.88.
ABCB: 25.26 (+0.41)
Ameris Bancorp Announces Acquisition of Coastal Bankshares, Inc.
PR Newswire - Tue Mar 11, 7:00AM CDT
Ameris Bancorp ("Ameris", the parent company of Ameris Bank, announced today the signing of a definitive merger agreement under which Ameris will acquire Coastal Bankshares, Inc. ("Coastal", the parent company of The Coastal Bank, Savannah, Georgia. As of December 31, 2013, Coastal reported assets of $433 million, loans of $295 million, and deposits of $364 million. Upon completion of the transaction, the combined company will have approximately $4.1 billion in assets, $2.8 billion in loans, $3.4 billion in deposits and a branch network of 74 banking locations across four states.
ABCB: 25.26 (+0.41)
WHOA.com Selects Gemini All-Flash Array from Nimbus Data for VDI Cloud Service
PR Newswire - Wed Jan 29, 7:13AM CST
Nimbus Data Systems, Inc., the leading provider of unified all-flash storage systems for enterprise and cloud infrastructure, today announced that WHOA.com has deployed the Gemini F620 all-flash array as the storage foundation for its new desktop-as-a-service (DaaS) offering.
ABCB: 25.26 (+0.41)
Ameris Bancorp Announces 2013 Financial Results
PR Newswire - Thu Jan 23, 3:00PM CST
AMERIS BANCORP (NASDAQ-GS: ABCB), Moultrie, Georgia, today reported unaudited operating net income of $23.6 million for the year ended December 31, 2013, compared to $14.4 million in 2012. Operating net income excludes $3.6 million of after-tax merger charges from the Company's net income for 2013. On an operating basis, net income available to common shareholders increased 101% to $21.9 million and $0.90 per share in 2013, compared to $10.9 million and $0.46 per share in 2012.
NBIX: 18.58 (-0.10), ABCB: 25.26 (+0.41)
Uptrend Call Working As Ameris Bancorp Stock Rises 65.0% (ABCB)
Comtex SmarTrend(R) - Tue Sep 10, 4:40PM CDT
SmarTrend identified an Uptrend for Ameris Bancorp (NASDAQ:ABCB) on December 10th, 2012 at $11.68. In approximately 9 months, Ameris Bancorp has returned 64.97% as of today's recent price of $19.26.
ABCB: 25.26 (+0.41)
Shares of ABCB Up 65.4% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Tue Aug 27, 9:39AM CDT
SmarTrend identified an Uptrend for Ameris Bancorp (NASDAQ:ABCB) on December 10th, 2012 at $11.68. In approximately 9 months, Ameris Bancorp has returned 65.40% as of today's recent price of $19.31.
ABCB: 25.26 (+0.41)
Ameris Bancorp Reports Operating Net Income Of $12.0 Million, Or $0.44 Per Diluted Share, For Third Quarter 2014
PR Newswire - Wed Oct 22, 7:30AM CDT
AMERIS BANCORP (NASDAQ-GS: ABCB), today reported operating net income of $12.0 million, or $0.44 per diluted share, for the quarter ended September 30, 2014, compared to $6.6 million, or $0.27 per diluted share, for the quarter ended September 30, 2013. For the year to date period ending September 30, 2014, the Company reported operating net income of $30.5 million, or $1.17 per diluted share, compared to $17.3 million, or $0.71 per diluted share, for the same period in 2013. During the third quarter of 2014, the Company completed the conversion of Coastal Bankshares, Inc. ("Coastal"
and recorded additional merger expenses totaling approximately $383,000, or $0.01 per share, on an after-tax basis. Including these charges, the Company reported net income for the third quarter of 2014 of $11.7 million, or $0.43 per share. Commenting on the Company's quarterly results, Edwin W. Hortman, Jr., the Company's President and Chief Executive Officer, said, "Our bankers turned in an outstanding quarter resulting in an 87% improvement in net earnings available to common shareholders compared to the same quarter in 2013. Additionally, our system conversion of Coastal was successful and we are working diligently to ensure that the cost savings we identified are realized and in place during the fourth quarter of 2014." ABCB: 25.26 (+0.41)
As Market Slides, Several Growth Names Hang In There
at Investor's Business Daily - Thu Oct 16, 5:58PM CDT
A weak market has resulted in plenty of damage to leading growth stocks, but several institutional-quality names -- and some lesser-known ones -- have weathered the market storm quite well. Keurig Green Mountain (GMCR) is trading tightly near highs...
GMCR: 152.90 (-0.16), HDB: 51.84 (-1.05), TYL: 110.25 (-0.30), ABCB: 25.26 (+0.41), DPZ: 90.80 (-0.05), INFY: 68.00 (+0.42), MFRM: 65.42 (+1.48), ROST: 81.41 (-0.47)
Ameris Bancorp Up 10.8% Since SmarTrend Uptrend Call (ABCB)
Comtex SmarTrend(R) - Tue Aug 26, 9:26AM CDT
SmarTrend identified an Uptrend for Ameris Bancorp (NASDAQ:ABCB) on June 6th, 2014 at $21.67. In approximately 3 months, Ameris Bancorp has returned 10.78% as of today's recent price of $24.00.
ABCB: 25.26 (+0.41)
Ameris Bancorp Reports Operating Net Income Of $10.0 Million, Or $0.40 Per Diluted Share, For Second Quarter 2014
PR Newswire - Tue Jul 22, 3:01PM CDT
AMERIS BANCORP (NASDAQ-GS: ABCB), Moultrie, Georgia, today reported operating net income of $10.0 million, or $0.40 per diluted share, for the quarter ended June 30, 2014, compared to $6.2 million, or $0.26 per diluted share, for the quarter ended June 30, 2013. For the year to date period ending June 30, 2014, the Company reported operating net income of $18.1 million, or $0.71 per diluted share, compared to $11.1 million, or $0.46 per diluted share, for the same period in 2013. During the second quarter of 2014, the Company completed the acquisition of Coastal Bankshares, Inc. ("Coastal"
and recorded approximately $1.90 million, or $0.075 per share, of after-tax merger related charges. Including these charges, the Company reported net income in the second quarter of 2014 of $8.1 million, or $0.32 per common share. Commenting on the Company's quarterly results, Edwin W. Hortman, Jr., the Company's President and Chief Executive Officer, said, "I am pleased with our operating results for the second quarter of 2014. Our operating return on average assets and return on tangible equity for the quarter improved from the prior period to 1.15% and 15.85%, respectively. Strong trends in loan growth, funded mostly with non-rate sensitive deposits, very solid mortgage results and over $1.1 million of SBA revenue were among the factors contributing to a successful quarter." ABCB: 25.26 (+0.41)
Uptrend Call Working As Ameris Bancorp Stock Rises 23.2% (ABCB)
Comtex SmarTrend(R) - Tue Apr 01, 4:41PM CDT
SmarTrend identified an Uptrend for Ameris Bancorp (NASDAQ:ABCB) on November 14th, 2013 at $19.28. In approximately 5 months, Ameris Bancorp has returned 23.18% as of today's recent price of $23.75.
ABCB: 25.26 (+0.41)
Regional, Thrift Banks Are Seen Picking Up M&A Deals
at Investor's Business Daily - Mon Mar 31, 10:15AM CDT
M&A activity among regional banks is off to a "warmer" start this year vs. the prior two years as struggling banks look for ways to increase shareholder value, according to a new analyst report. Sterne Agee analyst Brett Rabatin notes that 28...
BHLB: 25.66 (+0.29), WAL: 26.52 (-0.19), ABCB: 25.26 (+0.41), FISI: 24.63 (-0.37), UBSI: 35.15 (+0.18), OZRK: 36.30 (+0.63), UMPQ: 17.78 (+0.13), HOMB: 32.23 (-0.05), IBKC: 68.74 (+0.04), HTH: 20.95 (-0.07), CHCO: 46.13 (+0.07), PB: 60.12 (+0.42), SCBT: 60.67 (+0.99)
Shares of ABCB Up 23.7% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Tue Mar 25, 11:00AM CDT
SmarTrend identified an Uptrend for Ameris Bancorp (NASDAQ:ABCB) on November 14th, 2013 at $19.28. In approximately 4 months, Ameris Bancorp has returned 23.70% as of today's recent price of $23.85.
ABCB: 25.26 (+0.41)
Ameris Bancorp Announces Redemption Of Remaining TARP Preferred Stock
PR Newswire - Tue Mar 25, 9:32AM CDT
AMERIS BANCORP (NASDAQ-GS: ABCB), today announced the redemption, as of March 24, 2014, of the Company's remaining preferred stock originally issued under the U.S. Treasury's Troubled Asset Relief Program, totaling $28 million. In order to facilitate the redemption, the Company incurred no additional debt and issued no additional common equity, instead utilizing excess capital from its bank subsidiary, Ameris Bank. Commenting on the redemption, Edwin W. Hortman, Jr., President and CEO of the Company, said, "This final redemption of the TARP preferred stock brings to a close an important strategy for Ameris. As the economic crisis began to unfold, we vigorously increased our capital levels and were in a position to benefit from opportunities during the downturn. This additional, relatively inexpensive equity, played a part in our willingness to maintain a growth-oriented strategy through a volatile economic period. It is an important achievement for us to have been able to repay the entire $52 million of funds without issuing common stock or taking on additional borrowings."
ABCB: 25.26 (+0.41)
Ameris Bancorp Has Returned 23.4% Since SmarTrend Recommendation (ABCB)
Comtex SmarTrend(R) - Tue Mar 18, 9:35AM CDT
SmarTrend identified an Uptrend for Ameris Bancorp (NASDAQ:ABCB) on November 14th, 2013 at $19.28. In approximately 4 months, Ameris Bancorp has returned 23.44% as of today's recent price of $23.80.
ABCB: 25.26 (+0.41)
Ameris Bancorp (ABCB) Shares March Higher, Can It Continue? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Mar 14, 8:21AM CDT
Ameris Bancorp (ABCB) Shares March Higher, Can It Continue?
ABCB: 25.26 (+0.41)
Ameris Bancorp (ABCB) in Focus: Stocks Moves 6.4% Higher - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Mar 12, 7:37AM CDT
Ameris Bancorp was a big mover last session, as the company saw its shares rise more than 6% on the day.
ANCX: 17.20 (+0.04), BKYF: 47.24 (-0.14), ABCB: 25.26 (+0.41), SYBT: 32.32 (-0.87)
Ameris Bancorp (ABCB) Enters Overbought Territory - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Mar 12, 6:47AM CDT
Ameris Bancorp (ABCB) Enters Overbought Territory
ABCB: 25.26 (+0.41)
Ameris Bancorp Shares Up 13.5% Since SmarTrend's Buy Recommendation (ABCB)
Comtex SmarTrend(R) - Tue Mar 11, 9:22AM CDT
SmarTrend identified an Uptrend for Ameris Bancorp (NASDAQ:ABCB) on November 14th, 2013 at $19.28. In approximately 4 months, Ameris Bancorp has returned 13.49% as of today's recent price of $21.88.
ABCB: 25.26 (+0.41)
Ameris Bancorp Announces Acquisition of Coastal Bankshares, Inc.
PR Newswire - Tue Mar 11, 7:00AM CDT
Ameris Bancorp ("Ameris"
, the parent company of Ameris Bank, announced today the signing of a definitive merger agreement under which Ameris will acquire Coastal Bankshares, Inc. ("Coastal", the parent company of The Coastal Bank, Savannah, Georgia. As of December 31, 2013, Coastal reported assets of $433 million, loans of $295 million, and deposits of $364 million. Upon completion of the transaction, the combined company will have approximately $4.1 billion in assets, $2.8 billion in loans, $3.4 billion in deposits and a branch network of 74 banking locations across four states. ABCB: 25.26 (+0.41)
WHOA.com Selects Gemini All-Flash Array from Nimbus Data for VDI Cloud Service
PR Newswire - Wed Jan 29, 7:13AM CST
Nimbus Data Systems, Inc., the leading provider of unified all-flash storage systems for enterprise and cloud infrastructure, today announced that WHOA.com has deployed the Gemini F620 all-flash array as the storage foundation for its new desktop-as-a-service (DaaS) offering.
ABCB: 25.26 (+0.41)
Ameris Bancorp Announces 2013 Financial Results
PR Newswire - Thu Jan 23, 3:00PM CST
AMERIS BANCORP (NASDAQ-GS: ABCB), Moultrie, Georgia, today reported unaudited operating net income of $23.6 million for the year ended December 31, 2013, compared to $14.4 million in 2012. Operating net income excludes $3.6 million of after-tax merger charges from the Company's net income for 2013. On an operating basis, net income available to common shareholders increased 101% to $21.9 million and $0.90 per share in 2013, compared to $10.9 million and $0.46 per share in 2012.
NBIX: 18.58 (-0.10), ABCB: 25.26 (+0.41)
Uptrend Call Working As Ameris Bancorp Stock Rises 65.0% (ABCB)
Comtex SmarTrend(R) - Tue Sep 10, 4:40PM CDT
SmarTrend identified an Uptrend for Ameris Bancorp (NASDAQ:ABCB) on December 10th, 2012 at $11.68. In approximately 9 months, Ameris Bancorp has returned 64.97% as of today's recent price of $19.26.
ABCB: 25.26 (+0.41)
Shares of ABCB Up 65.4% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Tue Aug 27, 9:39AM CDT
SmarTrend identified an Uptrend for Ameris Bancorp (NASDAQ:ABCB) on December 10th, 2012 at $11.68. In approximately 9 months, Ameris Bancorp has returned 65.40% as of today's recent price of $19.31.
ABCB: 25.26 (+0.41)
