Ameris Bancorp (NASDAQ: ABCB) has announced the transfer of the listing of its common stock to the New York Stock Exchange (NYSE) from the NASDAQ Stock Market LLC. The company's common stock is expected to begin trading on the NYSE on Tuesday, July 23, 2024, and will continue to be traded under its current ticker symbol "ABCB" after the transfer. Ameris's common stock is expected to continue to trade on NASDAQ until the close of the market on Monday, July 22, 2024.
Ameris Bancorp, the parent of Ameris Bank, operates 164 financial centers across the southeast and also serves consumer and business customers nationwide through select lending channels. As of March 31, 2024, the company manages $25.7 billion in assets and provides a full range of traditional banking and lending products, treasury and cash management, insurance premium financing, and mortgage and refinancing services.
The company's Chief Executive Officer, Palmer Proctor, expressed excitement about the transfer, stating that they believe this strategic move will provide enhanced visibility and a strengthened market position for the company.
To commemorate the event, members of Ameris's executive team and its board of directors will ring the opening bell at the NYSE on Tuesday, July 23, 2024.
John Tuttle, Vice Chair of NYSE Group, welcomed Ameris to the New York Stock Exchange, highlighting that as an NYSE-listed company, Ameris joins their community of icons and disruptors, leveraging the membership value that the exchange uniquely provides. Following these announcements, the company's shares moved 0.7%, and are now trading at a price of $54.78. For the full picture, make sure to review Ameris Bancorp's 8-K report.
