tiprankstipranks
Ameris Bancorp Reports Strong 2024 Financial Performance
Company Announcements

Ameris Bancorp Reports Strong 2024 Financial Performance

Story Highlights

Invest with Confidence:

Ameris Bancorp ( (ABCB) ) has provided an update.

Ameris Bancorp announced its financial results for the fourth quarter and full year 2024, showing strong performance with a net income of $94.4 million for Q4 and $358.7 million for the year, marking significant growth compared to 2023. The company achieved a revenue growth of 9.8% annualized, improved net interest margin, and increased dividends, reflecting a robust balance sheet and focus on efficiency, positioning it well for future success.

More about Ameris Bancorp

Ameris Bancorp is a financial services company operating in the banking industry. It provides a range of banking products and services, focusing on revenue growth, operational efficiency, and expansion in Southeast markets.

YTD Price Performance: 6.92%

Average Trading Volume: 403,558

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $4.49B

For an in-depth examination of ABCB stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App