M&T Bank Corp Buys Shares of 111,238 Ameris Bancorp $ABCB

Key Points

• M&T Bank Corp initiated a new stake of 111,238 shares in Ameris Bancorp valued at about $8.26 million (≈0.16% ownership); other institutions also added positions—most notably Invesco (+534,830 shares)—and roughly 91.6% of the stock is held by institutional investors.
• Ameris beat Q1 estimates with $1.63 EPS vs. $1.54 expected and $314.36M revenue, showing strong profitability (net margin ~21.5%, ROE ~9.6%), and analysts have raised targets leading to a consensus Moderate Buy rating with a $86.50 price target.

M&T Bank Corp bought a new stake in Ameris Bancorp (NASDAQ:ABCB - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 111,238 shares of the bank's stock, valued at approximately $8,262,000. M&T Bank Corp owned approximately 0.16% of Ameris Bancorp as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. North Reef Capital Management LP grew its holdings in Ameris Bancorp by 4.8% in the 3rd quarter. North Reef Capital Management LP now owns 1,981,061 shares of the bank's stock valued at $145,232,000 after buying an additional 91,043 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Ameris Bancorp by 3.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,258,436 shares of the bank's stock valued at $92,256,000 after buying an additional 39,478 shares in the last quarter. Congress Asset Management Co. grew its holdings in Ameris Bancorp by 2.8% in the 4th quarter. Congress Asset Management Co. now owns 996,786 shares of the bank's stock valued at $74,031,000 after buying an additional 27,106 shares in the last quarter. Invesco Ltd. lifted its stake in shares of Ameris Bancorp by 134.7% in the 3rd quarter. Invesco Ltd. now owns 931,911 shares of the bank's stock valued at $68,318,000 after purchasing an additional 534,830 shares during the last quarter. Finally, Segall Bryant & Hamill LLC lifted its stake in shares of Ameris Bancorp by 6.7% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 757,748 shares of the bank's stock valued at $55,551,000 after purchasing an additional 47,634 shares during the last quarter. 91.60% of the stock is currently owned by hedge funds and other institutional investors.

Ameris Bancorp News Summary

Here are the key news stories impacting Ameris Bancorp this week:

• Positive Sentiment: Q1 earnings beat — Ameris reported $1.63 EPS vs. $1.54 expected and $314.36M in revenue vs. ~$309.6M estimates; outsized net income and improved year-over-year EPS give the quarter a clearly positive tone. Ameris Bancorp (ABCB) Tops Q1 Earnings and Revenue Estimates
• Positive Sentiment: Strong profitability metrics — first-quarter net income expanded (TipRanks cites net income of ~$110.5M), net margin ~21.5% and ROE ~9.6%, supporting near-term earnings durability and investor confidence. Ameris Bancorp Posts Strong First-Quarter 2026 Financial Results
• Positive Sentiment: Momentum and trading interest — coverage notes a multi-day/week uptick (Zacks: ~2.9% one‑week gain) and intraday volume is running well above average, signaling short-term buying interest. Ameris Bancorp (ABCB) Is Up 2.92% in One Week: What You Should Know
• Neutral Sentiment: Earnings call details available — the full Q1 2026 earnings call transcript is published; investors will parse management commentary on loan growth, margins and capital allocation for forward signals. Ameris Bancorp (ABCB) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Analyst and metric reviews — follow-up pieces examine key metrics vs. estimates and the company’s outlook; these will shape near-term analyst sentiment but don’t alter the immediate beat story. Ameris Bancorp (ABCB) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
• Negative Sentiment: Valuation caution — coverage highlighting the recent share-price run raises valuation questions that could limit near-term upside if investors rotate out or if forward guidance isn’t promising. A Look At Ameris Bancorp (ABCB) Valuation After Recent Share Price Momentum

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Stephens upped their price target on Ameris Bancorp from $79.00 to $87.00 and gave the company an "equal weight" rating in a research note on Monday, February 2nd. DA Davidson set a $94.00 price target on Ameris Bancorp in a research note on Monday, February 2nd. Keefe, Bruyette & Woods upped their price target on Ameris Bancorp from $82.00 to $88.00 and gave the company an "outperform" rating in a research note on Monday, February 2nd. Finally, Truist Financial upped their price target on Ameris Bancorp from $83.00 to $86.00 and gave the company a "hold" rating in a research note on Monday, February 2nd. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $86.50.

Ameris Bancorp Stock Performance

Shares of Ameris Bancorp stock opened at $84.93 on Friday. Ameris Bancorp has a 52 week low of $55.70 and a 52 week high of $87.98. The business's fifty day simple moving average is $79.68 and its 200-day simple moving average is $77.66. The firm has a market cap of $5.80 billion, a PE ratio of 16.30 and a beta of 0.93. The company has a quick ratio of 1.00, a current ratio of 1.02 and a debt-to-equity ratio of 0.11.

Ameris Bancorp (NASDAQ:ABCB - Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The bank reported $1.63 EPS for the quarter, beating the consensus estimate of $1.54 by $0.09. Ameris Bancorp had a return on equity of 9.57% and a net margin of 21.46%.The business had revenue of $314.36 million for the quarter, compared to analyst estimates of $309.58 million. During the same quarter in the prior year, the company posted $1.28 EPS. Equities analysts forecast that Ameris Bancorp will post 4.99 earnings per share for the current year.

Ameris Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 6th. Investors of record on Tuesday, March 31st were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Tuesday, March 31st. Ameris Bancorp's dividend payout ratio (DPR) is 12.58%.

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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