NYSE$ABCB
Ameris Bancorp · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Ameris Bank's Q4 2024 financial performance was strong, with notable increases in net income and adjusted net income.
Ameris Bank reported a strong fourth quarter with net income of $94.4 million, or $1.37 per diluted share, and adjusted net income of $95.1 million, or $1.38 per diluted share. The company saw total revenue growth of 9.8% annualized and an increase in net interest income (TE) of $7.7 million. Positive operating leverage was maintained with an efficiency ratio of 52.26%.
- Net income reached $94.4 million, or $1.37 per diluted share.
- Adjusted net income was $95.1 million, or $1.38 per diluted share.
- Net interest income (TE) increased by $7.7 million to $222.8 million.
- Efficiency ratio stood at 52.26%, with an adjusted efficiency ratio (TE) of 51.82%.
Headline financials
Revenue & EPS history
Ameris Bank · Revenue · Quarterly
$291M
Revenue by segment
Ameris Bank · $268M total across 4 segments · Q3 2023
- Banking Division$194M-16.1%72.2%
- Retail Mortgage Division$58.5M+1.1%21.8%
- Premium Finance Division$9.41M-4.0%3.5%
- Warehouse Lending Division$6.67M-21.5%2.5%
Forward guidance
Ameris Bancorp's CEO, Palmer Proctor, highlighted the company's strong fourth-quarter performance, emphasizing their focus on tangible book value growth, disciplined balance sheet management, and operational efficiency. He noted that their robust balance sheet, focus on revenue growth, healthy net interest margin, and commitment to efficiency, combined with the growth potential in their expanding Southeast markets, position them for continued success in the years ahead.
Tailwinds
- Prioritizing tangible book value growth
- Discipline in balance sheet management
- Focus on operational efficiency
- Robust balance sheet
- Commitment to efficiency
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+0.2%
Avg return
Earnings day
+1.4%
Avg return
5 days after
+3.9%
Avg return
30 days after
53%
35 / 66 earnings
Positive
+6.9%
Q2 2016
Best reaction
-8.5%
Q4 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.7% | -0.4% | +0.0% | |
| Q4 2025 | -0.6% | +3.5% | -4.5% | |
| Q3 2025 | -2.2% | -3.7% | +2.0% | |
| Q2 2025 | -1.8% | -2.3% | +4.3% | |
| Q1 2025 | +3.6% | +6.2% | +8.6% | |
| Q4 2024 | +0.1% | +3.4% | -1.5% | |
| Q3 2024 | -2.3% | -0.7% | +14.5% | |
| Q2 2024 | +3.6% | +2.4% | +3.9% | |
| Q1 2024 | -0.8% | -1.6% | -0.5% | |
| Q4 2023 | -0.7% | -2.1% | -13.6% | |
| Q3 2023 | +2.2% | +6.1% | +21.1% | |
| Q2 2023 | +1.3% | +4.1% | -6.0% | |
| Q1 2023 | +2.6% | -5.9% | -0.4% | |
| Q4 2022 | -2.3% | -0.8% | +1.0% | |
| Q3 2022 | +1.2% | -0.2% | +4.1% | |
| Q2 2022 | +5.6% | +9.1% | +13.9% | |
| Q1 2022 | +2.2% | +1.2% | +9.2% | |
| Q4 2021 | -4.6% | -4.8% | -3.2% | |
| Q3 2021 | -0.4% | +0.7% | -4.8% | |
| Q2 2021 | -3.2% | -0.3% | +1.8% | |
| Q1 2021 | +2.9% | +5.6% | +18.5% | |
| Q4 2020 | -4.6% | +1.1% | +16.2% | |
| Q3 2020 | +5.4% | +1.5% | +22.6% | |
| Q2 2020 | +1.2% | -0.4% | +6.2% | |
| Q1 2020 | +2.5% | +13.4% | -1.5% | |
| Q4 2019 | -3.1% | -4.1% | -6.1% | |
| Q3 2019 | +0.9% | +3.5% | +5.1% | |
| Q2 2019 | +2.1% | +3.4% | -9.0% | |
| Q1 2019 | +1.8% | +4.9% | +1.6% | |
| Q4 2018 | +6.6% | +7.3% | +17.5% | |
| Q3 2018 | -1.2% | -8.6% | +3.4% | |
| Q2 2018 | -4.7% | -6.2% | -2.0% | |
| Q1 2018 | -1.1% | -0.1% | +6.4% | |
| Q4 2017 | +3.1% | +0.2% | +2.6% | |
| Q3 2017 | -2.4% | -2.0% | -5.4% | |
| Q2 2017 | -0.1% | -2.5% | -8.1% | |
| Q1 2017 | +3.7% | +7.5% | -3.9% | |
| Q4 2016 | +2.2% | +8.5% | +15.4% | |
| Q3 2016 | -0.1% | +0.2% | +17.4% | |
| Q2 2016 | +6.9% | +10.4% | +10.2% | |
| Q1 2016 | +2.7% | — | — | |
| Q4 2015 | -8.5% | — | — | |
| Q3 2015 | +6.3% | — | — | |
| Q2 2015 | -0.2% | — | — | |
| Q1 2015 | -3.3% | — | — | |
| Q4 2014 | +6.1% | — | — | |
| Q3 2014 | -2.9% | — | — | |
| Q2 2014 | +1.4% | — | — | |
| Q1 2014 | +1.6% | — | — | |
| Q4 2013 | -2.1% | — | — | |
| Q3 2013 | +0.8% | — | — | |
| Q2 2013 | +1.6% | — | — | |
| Q1 2013 | +3.6% | — | — | |
| Q4 2012 | +0.8% | — | — | |
| Q4 2011 | +0.8% | — | — | |
| Q3 2012 | -5.5% | — | — | |
| Q2 2012 | -3.9% | — | — | |
| Q1 2012 | +1.1% | — | — | |
| Q4 2009 | +4.1% | — | — | |
| Q3 2011 | -5.4% | — | — | |
| Q3 2010 | -5.4% | — | — | |
| Q2 2011 | -4.1% | — | — | |
| Q4 2010 | -4.1% | — | — | |
| Q1 2011 | -0.6% | — | — | |
| Q2 2010 | -2.1% | — | — | |
| Q1 2010 | +6.0% | — | — |
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