Rep. Gilbert Ray Cisneros, Jr. Acquires Ameris Bancorp (NYSE:ABCB) Shares

Key Points

• Rep. Gilbert Ray Cisneros Jr. purchased $1,001–$15,000 of Ameris Bancorp (NYSE: ABCB) shares on July 10, according to a congressional disclosure filed September 4.
• Ameris Bancorp recently reported quarterly EPS of $1.60, below the $1.66 analyst consensus, while revenue of $317.78 million also missed estimates. The bank pays a $0.20 quarterly dividend, equal to a 0.9% yield.
• Analyst sentiment remains moderately positive, with four Buy and four Hold ratings and an average price target of $91.67; institutional investors own approximately 91.6% of the stock.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Ameris Bancorp (NYSE:ABCB). In a filing disclosed on September 04th, the Representative disclosed that they had bought between $1,001 and $15,000 in Ameris Bancorp stock on July 10th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of Mesabi Trust NYSE: MSB on 7/31/2026.
• Purchased $1,001 - $15,000 in shares of Praxis Precision Medicines NASDAQ: PRAX on 7/30/2026.
• Purchased $15,001 - $50,000 in shares of Alkermes NASDAQ: ALKS on 7/30/2026.
• Sold $15,001 - $50,000 in shares of Crinetics Pharmaceuticals NASDAQ: CRNX on 7/30/2026.
• Sold $100,001 - $250,000 in shares of Alibaba Group NYSE: BABA on 7/24/2026.
• Sold $1,001 - $15,000 in shares of Adobe NASDAQ: ADBE on 7/24/2026.
• Sold $1,001 - $15,000 in shares of Viavi Solutions NASDAQ: VIAV on 7/21/2026.
• Purchased $1,001 - $15,000 in shares of SailPoint NASDAQ: SAIL on 7/21/2026.
• Purchased $1,001 - $15,000 in shares of Glacier Bancorp NYSE: GBCI on 7/21/2026.
• Sold $1,001 - $15,000 in shares of FedEx NYSE: FDX on 7/21/2026.

Ameris Bancorp Price Performance

NYSE:ABCB opened at $86.00 on Tuesday. The firm has a market capitalization of $5.77 billion, a price-to-earnings ratio of 15.55 and a beta of 0.91. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.04 and a quick ratio of 1.02. The business has a 50 day simple moving average of $88.28 and a 200-day simple moving average of $84.57. Ameris Bancorp has a 1 year low of $68.80 and a 1 year high of $93.22.

Ameris Bancorp (NYSE:ABCB - Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The bank reported $1.60 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.66 by ($0.06). Ameris Bancorp had a return on equity of 10.62% and a net margin of 21.98%.The company had revenue of $317.78 million during the quarter, compared to the consensus estimate of $323.78 million. During the same quarter in the prior year, the business earned $1.59 earnings per share. Equities analysts forecast that Ameris Bancorp will post 6.58 EPS for the current year.

Ameris Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Tuesday, June 30th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Tuesday, June 30th. Ameris Bancorp's dividend payout ratio (DPR) is presently 14.47%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. BIP Wealth LLC purchased a new stake in Ameris Bancorp during the second quarter worth $1,025,000. Commerce Bank purchased a new position in Ameris Bancorp in the second quarter valued at about $607,000. UBS Group AG grew its stake in Ameris Bancorp by 10.7% in the fourth quarter. UBS Group AG now owns 271,568 shares of the bank's stock valued at $20,169,000 after purchasing an additional 26,320 shares during the last quarter. Renaissance Technologies LLC raised its holdings in Ameris Bancorp by 129.9% in the first quarter. Renaissance Technologies LLC now owns 44,069 shares of the bank's stock worth $3,437,000 after purchasing an additional 24,900 shares in the last quarter. Finally, William Blair Investment Management LLC bought a new position in Ameris Bancorp in the second quarter worth about $22,909,000. 91.60% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently commented on ABCB shares. Raymond James Financial downgraded shares of Ameris Bancorp from an "outperform" rating to a "market perform" rating in a report on Wednesday, July 1st. Truist Financial decreased their price objective on shares of Ameris Bancorp from $92.00 to $90.00 and set a "hold" rating for the company in a research note on Tuesday, July 28th. Weiss Ratings started coverage on Ameris Bancorp in a research report on Wednesday, September 2nd. They set a "buy (b)" rating for the company. Morgan Stanley upgraded Ameris Bancorp to an "overweight" rating in a report on Wednesday, June 24th. Finally, Stephens set a $88.00 price objective on Ameris Bancorp in a report on Monday, July 27th. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $91.67.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Ameris Bancorp Company Profile

Ameris Bancorp is a bank holding company headquartered in Atlanta, Georgia. Through its principal subsidiary, Ameris Bank, the company offers a broad range of commercial and retail banking services to individuals, small businesses, middle market companies and agricultural customers. Its core business lines encompass deposit services, lending solutions, treasury management, mortgage origination and servicing, insurance products and wealth management.

Ameris Bancorp operates a network of branches and loan production offices across the southeastern United States, including Georgia, Alabama, Florida, North Carolina, South Carolina and Tennessee.

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