Edition:
India

Ameris Bancorp (ABCB.OQ)

ABCB.OQ on NASDAQ Stock Exchange Global Select Market

40.65USD
8:32pm IST
Change (% chg)

$-0.28 (-0.68%)
Prev Close
$40.93
Open
$41.20
Day's High
$41.20
Day's Low
$40.65
Volume
12,859
Avg. Vol
150,001
52-wk High
$58.65
52-wk Low
$29.98

Latest Key Developments (Source: Significant Developments)

Ameris Bancorp Reports Q4 Earnings Per Share of $0.91
Friday, 25 Jan 2019 

Jan 25 (Reuters) - Ameris Bancorp ::ANNOUNCES 2018 FINANCIAL RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.96.Q4 EARNINGS PER SHARE ESTIMATE $0.92 -- REFINITIV IBES DATA.Q4 EARNINGS PER SHARE $0.91.QTRLY NET INTEREST INCOME $99.6 MILLION VERSUS $69.5 MILLION.  Full Article

Fidelity Southern - Deal Provides For Fee Of $29 Million To Be Payable By Co Upon Termination Under Certain Circumstances
Monday, 17 Dec 2018 

Dec 17 (Reuters) - Ameris Bancorp ::FIDELITY SOUTHERN - DEAL PROVIDES FOR FEE OF $29 MILLION TO BE PAYABLE BY CO UPON TERMINATION UNDER CERTAIN CIRCUMSTANCES.  Full Article

Ameris Bancorp and Fidelity Southern Corporation Announce Merger Agreement
Monday, 17 Dec 2018 

Dec 17 (Reuters) - Ameris Bancorp ::AMERIS BANCORP AND FIDELITY SOUTHERN CORPORATION ANNOUNCE MERGER AGREEMENT.TRANSACTION IS VALUED AT $27.22 PER SHARE.FIDELITY WILL MERGE WITH AND INTO AMERIS IN AN ALL-STOCK TRANSACTION.COMBINED COMPANY WILL HAVE APPROXIMATELY $16.2 BILLION IN ASSETS AND A BRANCHING NETWORK ACROSS FOUR STATES.DEAL FOR APPROXIMATELY $750.7 MILLION.FIVE FIDELITY DIRECTORS, INCLUDING MESSRS. MILLER AND PROCTOR, WILL JOIN AMERIS BOARD.NICOLE S. STOKES WILL CONTINUE AS CHIEF FINANCIAL OFFICER OF BOTH AMERIS AND AMERIS BANK.AMERIS BOARD WILL BE INCREASED IN SIZE TO 14 MEMBERS UPON COMPLETION OF MERGER.JAMES B. MILLER, JR., CHAIRMAN AND CHIEF EXECUTIVE OFFICER OF FIDELITY, WILL BECOME EXECUTIVE CHAIRMAN OF AMERIS AND AMERIS BANK.DENNIS J. ZEMBER JR. & LAWTON E. BASSETT, III TO REMAIN CHIEF EXECUTIVE OFFICER OF AMERIS & PRESIDENT OF AMERIS BANK, RESPECTIVELY.AMERIS BANCORP-UNDER DEAL, EACH SHARE OF FIDELITY COMMON STOCK, INCLUDING RESTRICTED SHARES, TO BE CONVERTED INTO RIGHT TO RECEIVE 0.80 SHARES OF CO.  Full Article

Ameris Bancorp Announces $100 Mln Stock Repurchase Program
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Ameris Bancorp ::AMERIS BANCORP ANNOUNCES $100 MILLION STOCK REPURCHASE PROGRAM.AMERIS BANCORP - REPURCHASES OF SHARES, ARE AUTHORIZED TO OCCUR OVER NEXT TWELVE MONTHS.  Full Article

Ameris Bancorp Announces Record Earnings For Third Quarter 2018
Friday, 19 Oct 2018 

Oct 19 (Reuters) - Ameris Bancorp ::ANNOUNCES RECORD EARNINGS FOR THIRD QUARTER 2018.Q3 ADJUSTED EARNINGS PER SHARE $0.91.Q3 EARNINGS PER SHARE $0.87.Q3 EARNINGS PER SHARE VIEW $0.90 -- THOMSON REUTERS I/B/E/S.Q3 REVENUE $129.2 MILLION VERSUS I/B/E/S VIEW $135.9 MILLION.NET INTEREST INCOME ON A TAX-EQUIVALENT BASIS INCREASED TO $100.1 MILLION IN CURRENT QUARTER OF 2018, UP 45.8%, FROM SAME QUARTER IN 2017.  Full Article

Ameris Bancorp Announces CEO Succession
Thursday, 7 Jun 2018 

June 6 (Reuters) - Ameris Bancorp ::AMERIS BANCORP ANNOUNCES CEO SUCCESSION.AMERIS BANCORP - EDWIN W. HORTMAN, JR. WILL BE SUCCEEDED AS PRESIDENT AND CHIEF EXECUTIVE OFFICER OF AMERIS BANCORP BY DENNIS J. ZEMBER JR.  Full Article

Ameris Bancorp Announces Q1 Adjusted Earnings Per Share $0.73
Friday, 20 Apr 2018 

April 20 (Reuters) - Ameris Bancorp ::ANNOUNCES FINANCIAL RESULTS FOR FIRST QUARTER 2018.Q1 ADJUSTED EARNINGS PER SHARE $0.73.Q1 EARNINGS PER SHARE $0.70.Q1 EARNINGS PER SHARE VIEW $0.73 -- THOMSON REUTERS I/B/E/S.Q1 REVENUE $95.3 MILLION VERSUS I/B/E/S VIEW $98.1 MILLION.NET INTEREST INCOME ON A TAX-EQUIVALENT BASIS FOR Q1 OF 2018 TOTALED $69.8 MILLION, COMPARED WITH $62.1 MILLION FOR Q1 OF 2017.  Full Article

Ameris Bancorp Says Federal Deposit Insurance Corp Terminated Consent Order
Friday, 15 Dec 2017 

Dec 14 (Reuters) - Ameris Bancorp ::AMERIS BANCORP - FEDERAL DEPOSIT INSURANCE CORPORATION TERMINATED CONSENT ORDER IT ISSUED TO AMERIS BANK ON DEC. 16, 2016.AMERIS BANCORP - TERMINATION OF FDIC ORDER AFFIRMS AMERIS BANK COMPLIED WITH ALL REGULATORY REQUIREMENTS.  Full Article

Ameris Bancorp Says Dennis Zember Jr Will Succeed Edwin Hortman Jr. As CEO
Thursday, 7 Dec 2017 

Dec 6 (Reuters) - Ameris Bancorp ::AMERIS BANCORP ANNOUNCES EXECUTIVE TEAM PROMOTIONS.AMERIS BANCORP - EDWIN HORTMAN JR. WILL BE SUCCEEDED AS CEO OF AMERIS BANK BY DENNIS ZEMBER JR..AMERIS BANCORP - NICOLE STOKES PROMOTED TO EVP & CFO OF CO & AMERIS BANK EFFECTIVE JAN 1, 2018.  Full Article

Ameris Bancorp says ‍merger agreement provides termination fee of $5.8 mln to be paid by Atlantic to co upon termination​ of deal
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Ameris Bancorp :Ameris Bancorp says ‍merger agreement provides that termination fee of $5.8 million will be payable by Atlantic to co upon termination​ of deal - SEC Filing.  Full Article

ABC Holdings selling 24.9 pct stake in lender BancABC Botswana

GABORONE, Nov 6 Pan-African financial services provider ABC Holdings, a unit of Atlas Mara, is selling 24.9 percent of its Botswana subsidiary to raise 360 million pula ($34 million) for upgrading its banking infrastructure, BancABC Botswana said on Tuesday.