Ameris Bancorp Files 8-K on Financial Results & Reg FD Disclosure
Ticker: ABCB · Form: 8-K · Filed: Jan 25, 2024 · CIK: 351569
Complexity: simple
Sentiment: neutral
Topics: earnings, financial-condition, regulation-fd
TL;DR
**Ameris Bancorp just dropped an 8-K with financial results, so expect some market reaction.**
AI Summary
Ameris Bancorp filed an 8-K on January 25, 2024, to report its results of operations and financial condition, along with a Regulation FD Disclosure. This filing, under SEC File Number 001-13901, indicates that the company is providing an update on its financial performance. For investors, this matters because it offers a timely glimpse into the company's health and operational efficiency, which can influence stock price and future investment decisions.
Why It Matters
This filing provides investors with crucial, up-to-date financial information, enabling them to assess Ameris Bancorp's performance and make informed decisions about their investment.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results and does not inherently introduce new risks, but rather provides transparency.
Analyst Insight
A smart investor would review the full financial statements and disclosures referenced in this 8-K to understand the specifics of Ameris Bancorp's performance before making any investment decisions.
Key Numbers
- $1.00 — Par value per share (Par value of Ameris Bancorp's Common Stock)
Key Players & Entities
- Ameris Bancorp (company) — the registrant filing the 8-K
- January 25, 2024 (date) — date of earliest event reported and filing date
- 001-13901 (dollar_amount) — SEC File Number for Ameris Bancorp
- ABCB (company) — trading symbol for Ameris Bancorp Common Stock
- Nasdaq Global Select Market (company) — exchange where Ameris Bancorp Common Stock is registered
- $1.00 (dollar_amount) — par value per share of Common Stock
Forward-Looking Statements
- Ameris Bancorp's stock (ABCB) will experience increased trading volume following the release of its financial results. (ABCB) — medium confidence, target: 2024-01-26
FAQ
What is the primary purpose of Ameris Bancorp's 8-K filing dated January 25, 2024?
The primary purpose of Ameris Bancorp's 8-K filing on January 25, 2024, is to report on its 'Results of Operations and Financial Condition' and to provide a 'Regulation FD Disclosure', as indicated in the 'ITEM INFORMATION' section of the filing.
What is the trading symbol and the exchange where Ameris Bancorp's Common Stock is registered?
Ameris Bancorp's Common Stock trades under the symbol 'ABCB' and is registered on the 'Nasdaq Global Select Market', as stated under 'Securities registered pursuant to Section 12(b) of the Act' in the filing.
What is the par value of Ameris Bancorp's Common Stock?
The par value of Ameris Bancorp's Common Stock is '$1.00 per share', as specified in the 'Title of each class' section of the filing.
What is Ameris Bancorp's business address and phone number?
Ameris Bancorp's business address is '3490 Piedmont Road N.E., Suite 1550, Atlanta, Georgia 30305' and its telephone number is '(404) 639-6500', according to the 'BUSINESS ADDRESS' and 'Registrant’s telephone number' sections.
Under which SEC Act is this 8-K filing made?
This 8-K filing is made under the '1934 Act', as indicated in the 'FILING VALUES' section of the document.
Filing Stats: 657 words · 3 min read · ~2 pages · Grade level 10.2 · Accepted 2024-01-25 16:20:53
Key Financial Figures
- $1.00 — ch registered Common Stock, par value $1.00 per share ABCB Nasdaq Global Select M
Filing Documents
- tm244153d1_8k.htm (8-K) — 29KB
- tm244153d1_ex99-1.htm (EX-99.1) — 1195KB
- tm244153d1_ex99-2.htm (EX-99.2) — 58KB
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- 0001104659-24-006691.txt ( ) — 11453KB
- abcb-20240125.xsd (EX-101.SCH) — 3KB
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02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On January 25, 2024, Ameris Bancorp (the "Company") issued a press release announcing its unaudited financial results for the quarter and fiscal year ended December 31, 2023. A copy of that press release is attached to this Current Report on Form 8-K (this "Report") as Exhibit 99.1. The information contained in this Item 2.02 and in Exhibit 99.1 attached to this Report is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of such section. Furthermore, such information shall not be deemed to be incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. A copy of the investor presentation material that the Company will present regarding its earnings during the teleconference beginning at 9:00 a.m. Eastern time on January 26, 2024 is attached to this Report as Exhibit 99.2. The investor presentation material is also available on the "Investor Relations" page of the Company's website (http://www.amerisbank.com). The information contained in this Item 7.01 and in Exhibit 99.2 attached to this Report is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of such section. Furthermore, such information shall not be deemed to be incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits . 99.1 Press release dated January 25, 2024 99.2 Investor Presentation re: 4 th Quarter 2023 Results 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. AMERIS BANCORP By: /s/ Nicole S. Stokes Nicole S. Stokes Chief Financial Officer Date: January 25, 2024