AMERIS BANCORP (ABCB) announced earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.
The company's earnings totaled $94.38 million, or $1.37 per share. This compares with $65.93 million, or $0.96 per share, last year.
Excluding items, AMERIS BANCORP reported adjusted earnings of $95.08 million or $1.38 per share for the period.
Analysts on average had expected the company to earn $1.19 per share. Analysts' estimates typically exclude special items.
AMERIS BANCORP earnings at a glance (GAAP) :
-Earnings: $94.38 Mln. vs. $65.93 Mln. last year.
-EPS: $1.37 vs. $0.96 last year.
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