Ameris bancorp announces financial results for first quarter 2021

Atlanta, april 22, 2021 /prnewswire/ -- ameris bancorp (nasdaq: abcb) (the "company") today reported net income of $125.0 million, or $1.79 per diluted share, for the quarter ended march 31, 2021, compared with $19.3 million, or $0.28 per diluted share, for the quarter ended march 31, 2020.  the increase in net income is primarily attributable to a reduction in provision for credit losses of $69.6 million and an increase in mortgage banking activity for the quarter of $63.2 million.
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