In what should be major news, Ameris Bancorp (Nasdaq: ABCB) ("Ameris"), the parent company of Ameris Bank, and Fidelity Southern Corporation (Nasdaq: LION) ("Fidelity"), the parent company of Fidelity Bank, jointly announced a merger agreement on December 18, 2018. Ironically this has been pretty quiet news and hasn’t made the AJC or ABC, so we thought we’d cover it here on.
Ameris Bank Announces Positive Q3, Comments on Acquisitions Operating margi n of 4.9% in the first nine months (2017: 5.4%) and 6.1% in Q3 (Q3 2017: 6.3%) reflecting contracts phasing in and out albeit less than previous quarters. The net impact of acquisitions and divestments as well as currency translation effects was negative by 3 bps for.
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Ameris Bancorp (ABCB +6.2%) announced to repurchase ~$100M of its outstanding common stock. The amount and timing of repurchases will be based on a variety of factors, including share acquisition.
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AltaGas’ acquisition of WGL belongs to the latter. Synergies achieved in this acquisition are difficult to assess, as both companies generally do not overlap in their region of operation. While the.
First Bank. comments regarding contributory factors for our strong third-quarter results. Payoff of the nonaccrual loan, which resulted in recouping about $448,000 in interest income. We did sell.
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