AMERIS BANCORP , Moultrie, Georgia, today reported a net loss available to common shareholders of $4.2 million, or $0.20 per diluted share, for the quarter ended June 30, 2010, compared to a net loss of $3.5 million, or $0.25 per diluted share, for the second quarter of 2009. For the first half of 2010, Ameris Bancorp reported a net loss available to common shareholders of $6.5 million, or $0.37 per diluted share, compared to a net loss of $4.8 million, or $0.35 per diluted share, for the first half of 2009. Improvements in the Company's net interest margin and continued...
67 WALL STREET, New York - June 28, 2010 - The Wall Street Transcript has just published its S&L, Investment Bank and Asset Management Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
In the game of government bailout whack-a-mole, round one was won by the mole. The amendment to name the $30 billion Small Business Lending Fund (SBLF) "TARP Jr." lost on a party line vote with Democrats voting against it and Republicans voting for it. Whether or not that is the name on the legislation, the mole smells like TARP Jr. to me. The SBLF lets Tim Geithner buy preferred stock from small banks with dividend rates as low as 1 percent. Now TARP Jr. passed its committee and will...
As the list of America’s problem banks balloons, healthy institutions are gearing up to capitalize on others’ misfortune. Such may be the case of First Interstate BancSystem (FIBK), the first bank to launch an initial public offering since before the financial crisis. It may use the proceeds of its offering to pick off failed brethren.
The Montana-based bank raised about $130 million of capital after fees. While not a big offering, it was the first debut of a...
As a bit of an experiment, I decided to examine insider activity at a large group of commercial banks.I appraised over 230 different commercial banks for this survey and gathered my list of banks off of Motley Fool's tagged “commercial banks”.I did not examine some of the banks with extremely small market caps and I only examined a handful of banks that were not on this list, so it is by no means exhaustive, but it is a fairly large sample that should provide some ideas and insight.
Jimmy D. Veal, director of Ameris Bancorp(NasdaqGS: ABCB | PowerRating) bought 10,750 shares of ABCB from the open market on 2010-07-29. The stock was up 0.22% after the InsiderCow.com report ...
By Chip Brian SmarTrend has detected shares of Ameris Bancorp (NASDAQ:ABCB) have bearishly opened below the pivot of $9.60 today and have reached the first level of support of $9.29. Should the ...
MOULTRIE, Ga., July 22, 2010 /PRNewswire via COMTEX/ -- AMERIS BANCORP (Nasdaq-GS: ABCB), Moultrie, Georgia, today reported a net loss available to common shareholders of $4.2 million, or $0.20 ...
By Chip Brian SmarTrend has detected shares of Ameris Bancorp (NASDAQ:ABCB) have bearishly opened below the pivot of $9.94 today and have reached the first level of support of $9.84. Should the ...
By Chip Brian When Ameris Bancorp (NASDAQ:ABCB) reported earnings 80 days ago on April 13, 2010, analysts, on average, expected the company to report a loss of $0.21 on sales of $26 million. The ...
By Chip Brian Below are the top five companies in the Regional Banks industry as measured by relative performance. This analysis was compiled based on yesterday's trading activity as we search for ...
By Chip Brian SmarTrend's candlestick pattern scanner has detected a potential bearish harami candle pattern for shares of Ameris Bancorp (NASDAQ:ABCB). Today's real body is within yesterday's ...
Ameris Bancorp (ABCB) Gains on Foreclosure Sale; Omeros (OMER) Gains on Phase III Drug Trials; Washington Bank Company (WBCO) Picked as a Regional Winner. By Dennis Askew First up this morning we ...
NEW YORK (Market Intellisearch) -- Shares of ABCB crossed above the critical 50-day moving average of $10.71. The location of a stock price when analyzed against the moving average can aid in ...
Jun. 14, 2010 (GlobeNewswire) -- NEW YORK, June 14, 2010 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today the results of the semi-annual evaluation of the NASDAQ OMX ...
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