Ameris Bancorp Q2 net income rises to $90.8 million, or $1.32 per diluted share
Ameris Bancorp reported unaudited second-quarter 2024 results on July 25, 2024, with net income of $90.8 million, or $1.32 per diluted share, up from $62.6 million, or $0.91 per diluted share, a year earlier. Excluding certain gains, charges and tax items, adjusted net income was $80.8 million, or $1.17 per diluted share. Management will discuss the results on a teleconference at 9:00 a.m. Eastern time on July 26, 2024.
Key points
- Net income of $90.8 million, or $1.32 per diluted share, for the quarter ended June 30, 2024, compared with $62.6 million, or $0.91 per diluted share, a year earlier.
- Adjusted net income of $80.8 million, or $1.17 per diluted share, excluding items including a $12.6 million gain on conversion of Visa Class B-1 shares and a $4.8 million BOLI-related tax expense.
- Net interest margin of 3.58%, up from 3.51% in the first quarter of 2024.
- Tangible book value per share of $35.79 at June 30, 2024, up $1.27 in the quarter.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 25, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.