|Bid||47.30 x 800|
|Ask||56.50 x 800|
|Day's Range||46.25 - 47.59|
|52 Week Range||20.86 - 59.85|
|Beta (5Y Monthly)||1.42|
|PE Ratio (TTM)||8.96|
|Earnings Date||Oct 20, 2021 - Oct 25, 2021|
|Forward Dividend & Yield||0.60 (1.20%)|
|Ex-Dividend Date||Jun 29, 2021|
|1y Target Est||59.64|
It's also very reflective of the investments we made in top talent in many of our other core lending areas of the company and also reflects the meaningful pipeline and relationships we continue to build, which results in really strong second quarter results as we're reporting net income of $88 million or $1.25 per diluted share on an adjusted basis and this represents a 1.63% return on average assets and a 19.46% return on tangible equity. As you may recall, we reversed $28.6 million of provision for loan loss expense last quarter.
Ameris Bancorp (ABCB) delivered earnings and revenue surprises of 3.31% and -3.72%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Ameris Bancorp (Nasdaq: ABCB) (the "Company") today reported net income of $88.3 million, or $1.27 per diluted share, for the quarter ended June 30, 2021, compared with $32.2 million, or $0.47 per diluted share, for the quarter ended June 30, 2020. The Company reported adjusted net income of $87.5 million, or $1.25 per diluted share, for the quarter ended June 30, 2021, compared with $42.4 million, or $0.61 per diluted share, for the same period in 2020. Adjusted net income excludes after-tax me