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Ameris Bancorp Records Highest Diluted EPS in Five Years for Third Quarter

The Motley Fool +1 ·

ABCB
ABCB Ameris Bancorp
$82.63 +0.32%
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  1. 1Ameris Bancorp recorded a third-quarter diluted earnings per share of $1.73, the highest in five years.
  2. 2Ameris Bancorp's average return on assets for the third quarter was 1.6%.
  3. 3The Ameris Bancorp board of directors approved a $200 million share repurchase program.

So what's the key point?

Ameris Bancorp reached its highest earnings per share of $1.73 in the third quarter, a five-year high. The company also shared positive news for investors by deciding to buy back its own shares.

Source The Motley Fool +1 · View original ↗

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