Ameris Bancorp (NASDAQ:ABCB - Free Report) - Equities researchers at DA Davidson issued their Q3 2025 EPS estimates for shares of Ameris Bancorp in a research note issued on Monday, October 20th. DA Davidson analyst G. Tenner forecasts that the bank will post earnings per share of $1.49 for the quarter. DA Davidson has a "Strong-Buy" rating on the stock. The consensus estimate for Ameris Bancorp's current full-year earnings is $4.99 per share. DA Davidson also issued estimates for Ameris Bancorp's FY2025 earnings at $5.85 EPS and FY2026 earnings at $6.10 EPS.
Ameris Bancorp Stock Performance
NASDAQ:ABCB opened at $73.29 on Wednesday. Ameris Bancorp has a 1 year low of $48.27 and a 1 year high of $76.58. The firm's fifty day simple moving average is $73.18 and its 200 day simple moving average is $65.82. The company has a current ratio of 1.02, a quick ratio of 1.00 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $5.03 billion, a PE ratio of 14.07 and a beta of 0.94.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of ABCB. Salomon & Ludwin LLC acquired a new stake in Ameris Bancorp in the 3rd quarter worth $33,000. Allspring Global Investments Holdings LLC grew its position in Ameris Bancorp by 2.9% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 403,443 shares of the bank's stock worth $29,463,000 after purchasing an additional 11,230 shares during the last quarter. Merit Financial Group LLC grew its position in Ameris Bancorp by 4.7% in the 3rd quarter. Merit Financial Group LLC now owns 5,987 shares of the bank's stock worth $439,000 after purchasing an additional 271 shares during the last quarter. Fort Washington Investment Advisors Inc. OH grew its position in Ameris Bancorp by 16.8% in the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 394,563 shares of the bank's stock worth $28,925,000 after purchasing an additional 56,852 shares during the last quarter. Finally, Ethic Inc. grew its position in Ameris Bancorp by 16.3% in the 3rd quarter. Ethic Inc. now owns 3,723 shares of the bank's stock worth $273,000 after purchasing an additional 523 shares during the last quarter. 91.64% of the stock is currently owned by institutional investors and hedge funds.
Ameris Bancorp Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, October 6th. Investors of record on Tuesday, September 30th were paid a $0.20 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $0.80 dividend on an annualized basis and a yield of 1.1%. Ameris Bancorp's dividend payout ratio (DPR) is presently 14.08%.
Ameris Bancorp announced that its board has initiated a stock repurchase program on Monday, October 20th that authorizes the company to repurchase $200.00 million in outstanding shares. This repurchase authorization authorizes the bank to purchase up to 4% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.
About Ameris Bancorp
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Ameris Bancorp operates as the bank holding company for Ameris Bank that provides range of banking services to retail and commercial customers. It operates through five segments: Banking Division, Retail Mortgage Division, Warehouse Lending Division, SBA Division, and Premium Finance Division. The company offers commercial and retail checking, regular interest-bearing savings, money market, individual retirement, and certificates of deposit accounts.
Further Reading
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