Ameris Bancorp (ABCB)

Ameris Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	1,266	1,266	1,172	834.97	676.09	690.91
Interest Income on Investments	116.31	112.76	108.27	58.92	27.02	35.59
Total Interest Income	1,383	1,378	1,280	893.89	703.11	726.5
Interest Paid on Deposits	471.71	484.67	356.02	56.11	22.36	59.07
Interest Paid on Borrowings	41.26	44.42	89.37	36.76	25.43	29.68
Total Interest Expense	512.97	529.09	445.39	92.86	47.79	88.75
Net Interest Income	869.64	849.19	835.04	801.03	655.33	637.75
Net Interest Income Growth (YoY)	5.44%	1.69%	4.25%	22.23%	2.76%	26.25%
Mortgage Banking Activities	156.3	160.48	139.89	163.08	272.28	413.38
Gain (Loss) on Sale of Assets	-1.2	-1.2	1.9	0.05	-0.51	-
Gain (Loss) on Sale of Investments	12.35	12.3	-0.3	0.2	0.52	0.01
Other Non-Interest Income	70.49	69.59	56.67	54.82	26.5	21.81
Total Non-Interest Income	290.2	292.05	244.73	262.65	350.5	486.57
Non-Interest Income Growth (YoY)	14.00%	19.34%	-6.82%	-25.07%	-27.96%	152.95%
Revenues Before Loan Losses	1,160	1,141	1,080	1,064	1,006	1,124
Provision for Loan Losses	59.58	58.79	142.66	71.7	-35.37	145.38
Revenue	1,100	1,082	937.12	991.97	1,041	978.94
Revenue Growth (YoY)	13.98%	15.51%	-5.53%	-4.73%	6.36%	44.44%
Salaries and Employee Benefits	337.89	334.2	310.16	313.01	329.83	356.47
Occupancy Expenses	35.78	37.98	39.15	39.76	35.77	36.25
Federal Deposit Insurance	15.5	15.5	26.94	8.06	5.61	14.08
Amortization of Goodwill & Intangibles	16.87	17.19	18.24	19.74	14.97	19.61
Selling, General & Administrative	113.91	113.29	105.1	96.01	86.58	89.95
Other Non-Interest Expense	88.98	88.43	80.59	82.9	82.66	80.89
Total Non-Interest Expense	608.91	606.59	580.18	559.49	555.41	597.24
EBT Excluding Unusual Items	491.35	475.86	356.94	432.49	485.79	381.7
Asset Writedown	-	-	-	21.82	14.53	-40.07
Pretax Income	491.35	475.86	356.94	453.1	496.11	340.24
Income Tax Expense	119.04	117.18	87.83	106.56	119.2	78.26
Net Income	372.31	358.69	269.11	346.54	376.91	261.99
Net Income to Common	372.31	358.69	269.11	346.54	376.91	261.99
Net Income Growth	31.56%	33.29%	-22.35%	-8.06%	43.87%	62.28%
Basic Shares Outstanding	69	69	69	69	69	69
Diluted Shares Outstanding	69	69	69	69	70	69
Shares Change (YoY)	0.06%	-0.06%	-0.46%	-0.49%	0.48%	18.45%
EPS (Basic)	5.41	5.21	3.90	5.01	5.43	3.78
EPS (Diluted)	5.38	5.19	3.89	4.99	5.40	3.77
EPS Growth	31.20%	33.42%	-22.04%	-7.59%	43.24%	37.09%
Dividend Per Share	0.700	0.650	0.600	0.600	0.600	0.600
Dividend Growth	16.67%	8.33%	-	-	-	20.00%
Effective Tax Rate	24.23%	24.62%	24.61%	23.52%	24.03%	23.00%

Updated Apr 28, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q