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Keefe, Bruyette & Woods recently met with management from Ameris Bancorp (NASDAQ: ABCB). They left the meeting with a positive view on the bank’s growth opportunities. A recent deal to buy Jacksonville Bancorp, Inc (NASDAQ: JAXB) closed in March, and more acquisitions may lie ahead.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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The two key assumptions of the JAXB deal (cost savings and 10 percent growth) look to be going as expected, if not better. Additionally, organic loan growth is expected at 13 percent for the year, and KBW analysts came away from their meeting with management confident that guidance will be achieved and may even be too conservative.
Ameris management added that they hope to have another deal announced by year-end, with deals likely to be in the $500 million to $2 billion range. Ameris shares were 2 percent higher in late afternoon trading Thursday.