Ameris Bancorp Company Profile (NASDAQ:ABCB)

About Ameris Bancorp

Ameris Bancorp logoAmeris Bancorp is a financial holding company. The Company's business is conducted through its banking subsidiary, Ameris Bank (the Bank), which provides a range of banking services to its retail and commercial customers. The Company operates through four segments: the Banking Division, the Retail Mortgage Division, the Warehouse Lending Division and the SBA Division. The Banking Division is engaged in the delivery of financial services, which include commercial loans, consumer loans and deposit accounts. The Retail Mortgage Division is engaged in the origination, sales and servicing of one- to four-family residential mortgage loans. The Warehouse Lending Division is engaged in the origination and servicing of warehouse lines to other businesses that are secured by underlying one- to four-family residential mortgage loans. The SBA Division is engaged in the origination, sales and servicing of small business administration (SBA) loans.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Mid-Atlantic Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: ABCB
  • CUSIP: 03076K10
Key Metrics:
  • Previous Close: $34.80
  • 50 Day Moving Average: $34.61
  • 200 Day Moving Average: $31.61
  • 52-Week Range: $24.96 - $36.20
  • Trailing P/E Ratio: 18.49
  • Foreward P/E Ratio: 13.69
  • P/E Growth: 2.06
  • Market Cap: $1.20B
  • Outstanding Shares: 34,832,000
  • Beta: 1.29
Profitability:
  • Net Margins: 19.56%
  • Return on Equity: 12.02%
  • Return on Assets: 1.17%
Debt:
  • Debt-to-Equity Ratio: 0.55%
  • Current Ratio: 0.94%
  • Quick Ratio: 0.92%
Additional Links:
Companies Related to Ameris Bancorp:

Analyst Ratings

Consensus Ratings for Ameris Bancorp (NASDAQ:ABCB) (?)
Ratings Breakdown: 4 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $33.10 (3.64% downside)

Analysts' Ratings History for Ameris Bancorp (NASDAQ:ABCB)
Show:
DateFirmActionRatingPrice TargetDetails
9/27/2016Sandler O'NeillDowngradeBuy -> Hold$36.00 -> $38.00View Rating Details
7/25/2016Keefe, Bruyette & WoodsBoost Price TargetMarket Perform$31.00 -> $35.00View Rating Details
4/26/2016Piper Jaffray Cos.DowngradeOverweight -> Neutral$32.00 -> $31.00View Rating Details
11/2/2015Cowen and CompanyLower Price TargetOutperform$41.00 -> $30.50View Rating Details
10/2/2015SunTrust Banks Inc.Boost Price TargetNeutral$29.00 -> $31.00View Rating Details
9/18/2015StephensInitiated CoverageOverweight$33.00View Rating Details
(Data available from 9/30/2014 forward)

Earnings

Earnings History for Ameris Bancorp (NASDAQ:ABCB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/21/2016        
7/22/2016Q216$0.53$0.57$81.62 millionViewListenView Earnings Details
4/22/2016Q116$0.47$0.50$73.59 millionViewListenView Earnings Details
1/22/2016Q415$0.51$0.43$73.18 millionViewListenView Earnings Details
10/23/2015Q315$0.47$0.48$70.82 millionViewListenView Earnings Details
7/24/2015Q215$0.39$0.38$60.46 million$64.90 millionViewListenView Earnings Details
4/23/2015Q115$0.39$0.32$57.33 millionViewN/AView Earnings Details
1/29/2015$0.45$0.39ViewN/AView Earnings Details
10/22/2014Q3$0.44$0.43ViewN/AView Earnings Details
7/22/2014$0.40$0.32ViewN/AView Earnings Details
4/22/2014$0.33$0.32ViewN/AView Earnings Details
1/23/2014Q4$0.28$0.19ViewN/AView Earnings Details
10/21/2013Q3 13$0.26ViewN/AView Earnings Details
1/29/2013Q4 2012$0.15ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ameris Bancorp (NASDAQ:ABCB)
Current Year EPS Consensus Estimate: $2.24 EPS
Next Year EPS Consensus Estimate: $2.51 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.28$0.49$0.40
Q2 20163$0.52$0.57$0.54
Q3 20162$0.58$0.59$0.59
Q4 20162$0.57$0.59$0.58
Q1 20172$0.59$0.59$0.59
Q2 20172$0.62$0.65$0.64
Q3 20172$0.65$0.67$0.66
Q4 20172$0.56$0.67$0.62
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Ameris Bancorp (NASDAQ:ABCB)
Annual Dividend:$0.40
Dividend Yield:1.16%
Payout Ratio:21.62% (Based on Trailing 12 Months of Earnings)
17.86% (Based on Current Year Consensus EPS Estimate)
15.94% (Based on Next Year Consensus EPS Estimate)

Dividend History for Ameris Bancorp (NASDAQ:ABCB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/9/2016quarterly$0.101.12%9/28/20169/30/201610/11/2016
6/24/2016quarterly$0.050.69%6/28/20166/30/20167/11/2016
3/24/2016quarterly$0.050.69%3/29/20163/31/20164/11/2016
12/23/2015quarterly$0.050.59%12/29/201512/31/20151/11/2016
9/15/2015quarterly$0.050.72%9/28/20159/30/201510/9/2015
6/23/2015quarterly$0.050.77%6/26/20156/30/20157/10/2015
3/24/2015quarterly$0.050.76%3/27/20153/31/20154/10/2015
12/23/2014quarterly$0.050.78%12/29/201412/31/20141/9/2015
9/24/2014quarterly$0.050.9%9/26/20149/30/201410/10/2014
6/27/2014quarterly$0.050.93%7/2/20147/7/20147/15/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Ameris Bancorp (NASDAQ:ABCB)
Insider Ownership Percentage: 3.88%
Institutional Ownership Percentage: 80.12%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/8/2015Cindi H LewisCAOSell2,056$25.92$53,291.52View SEC Filing  
6/5/2015William I Jr. BowenDirectorBuy2,100$25.56$53,676.00View SEC Filing  
5/6/2015Leo J HillDirectorBuy1,000$24.50$24,500.00View SEC Filing  
5/4/2015Jon S EdwardsEVPSell4,500$24.72$111,240.00View SEC Filing  
10/29/2014James A LahaiseEVPSell11,733$24.38$286,050.54View SEC Filing  
6/13/2014Robert Dale EzzellDirectorBuy2,747$21.78$59,829.66View SEC Filing  
5/20/2014Leo HillDirectorBuy3,056$19.74$60,325.44View SEC Filing  
5/14/2014Cindi LewisCAOSell2,467$20.41$50,351.47View SEC Filing  
4/29/2014Jon EdwardsEVPSell1,850$21.98$40,663.00View SEC Filing  
4/25/2014Jimmy VealDirectorBuy3,180$22.39$71,200.20View SEC Filing  
2/21/2014William SternDirectorBuy3,000$20.28$60,840.00View SEC Filing  
2/3/2014Jimmy VealDirectorBuy2,600$20.41$53,066.00View SEC Filing  
11/5/2013Brooks SheldonDirectorBuy4,000$18.16$72,640.00View SEC Filing  
10/23/2013Leo J HillDirectorBuy1,500$17.93$26,895.00View SEC Filing  
6/7/2013Jon S EdwardsEVPSell3,701$16.42$60,770.42View SEC Filing  
3/14/2013Leo J HillDirectorBuy1,438$14.20$20,419.60View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Ameris Bancorp (NASDAQ:ABCB)
DateHeadline
nasdaq.com logoEx-Dividend Reminder: National Health Investors, Spirit Realty Capital and Ameris Bancorp (NASDAQ:ABCB)
www.nasdaq.com - September 26 at 8:17 PM
seekingalpha.com logoAmeris Bancorp declares $0.10 dividend (NASDAQ:ABCB)
seekingalpha.com - September 20 at 3:16 PM
publicnow.com logoAmeris Bancorp Announces Date Of Third Quarter 2016 Earnings Release And Conference Call (NASDAQ:ABCB)
www.publicnow.com - September 20 at 8:46 AM
publicnow.com logoAmeris Bancorp Announces Increased Third Quarter 2016 Dividend (NASDAQ:ABCB)
www.publicnow.com - September 9 at 8:03 AM
capitalcube.com logoETF’s with exposure to Ameris Bancorp : September 6, 2016 (NASDAQ:ABCB)
www.capitalcube.com - September 6 at 3:14 PM
finance.yahoo.com logoWhy You Shouldn't Bet Against Ameris Bancorp (ABCB) Stock (NASDAQ:ABCB)
finance.yahoo.com - August 23 at 3:14 PM
finance.yahoo.com logoAMERIS BANCORP Financials (NASDAQ:ABCB)
finance.yahoo.com - August 18 at 3:15 PM
biz.yahoo.com logoAMERIS BANCORP Files SEC form 10-Q, Quarterly Report (NASDAQ:ABCB)
biz.yahoo.com - August 13 at 11:12 AM
stocksdaily.net logoWill Ameris Bancorp (NASDAQ:ABCB) Surprise Analysts This Quarter? (NASDAQ:ABCB)
www.stocksdaily.net - August 12 at 8:38 PM
News IconAmeris Bank to sponsor 2016 Corn Maze at Boone Hall Pumpkin Patch (NASDAQ:ABCB)
www.moultrienews.com - August 8 at 8:42 PM
breakingfinancenews.com logoKBW issued a report on (NASDAQ:ABCB) Ameris Bancorp, stepping up its price target to $35 earlier today (NASDAQ:ABCB)
breakingfinancenews.com - July 26 at 3:18 PM
capitalcube.com logoAmeris Bancorp :ABCB-US: Earnings Analysis: Q2, 2016 By the Numbers : July 26, 2016 (NASDAQ:ABCB)
www.capitalcube.com - July 26 at 10:33 AM
capitalcube.com logoAmeris Bancorp breached its 50 day moving average in a Bullish Manner : ABCB-US : July 25, 2016 (NASDAQ:ABCB)
www.capitalcube.com - July 25 at 8:03 AM
msn.com logoAmeris' (ABCB) CEO Edwin Hortman on Q2 2016 Results - Earnings Call Transcript (NASDAQ:ABCB)
www.msn.com - July 22 at 8:16 PM
finance.yahoo.com logoEdited Transcript of ABCB earnings conference call or presentation 22-Jul-16 3:00pm GMT (NASDAQ:ABCB)
finance.yahoo.com - July 22 at 5:39 PM
feeds.benzinga.com logoAmeris Bancorp Reports 62.6% Jump In Q2 Profit (NASDAQ:ABCB)
feeds.benzinga.com - July 22 at 9:51 AM
finance.yahoo.com logoSmall Cap Banks Q2 Earnings Queued Up: ABCB, CNOB & More (NASDAQ:ABCB)
finance.yahoo.com - July 21 at 10:03 AM
thestreet.com logoThis Georgia Bank Looks Peachy (NASDAQ:ABCB)
realmoney.thestreet.com - July 20 at 1:11 PM
capitalcube.com logoETF’s with exposure to Ameris Bancorp : July 20, 2016 (NASDAQ:ABCB)
www.capitalcube.com - July 20 at 12:04 PM
capitalcube.com logoAmeris Bancorp breached its 50 day moving average in a Bullish Manner : ABCB-US : July 13, 2016 (NASDAQ:ABCB)
www.capitalcube.com - July 13 at 8:03 AM
gurufocus.com logoBernard Horn's Polaris Global Value Fund 2nd Quarter Letter (NASDAQ:ABCB)
www.gurufocus.com - July 12 at 3:17 PM
capitalcube.com logoETF’s with exposure to Ameris Bancorp : July 6, 2016 (NASDAQ:ABCB)
www.capitalcube.com - July 6 at 2:04 PM
capitalcube.com logoAmeris Bancorp : ABCB-US: Dividend Analysis : June 30th, 2016 (record date) : By the numbers : July 6, 2016 (NASDAQ:ABCB)
www.capitalcube.com - July 6 at 1:07 PM
News IconAmeris Bank Announces New Location in Urban Core (NASDAQ:ABCB)
www.metrojacksonville.com - July 3 at 3:16 PM
publicnow.com logoAmeris Bancorp Announces Date Of Second Quarter 2016 Earnings Release And Conference Call (NASDAQ:ABCB)
www.publicnow.com - July 1 at 11:41 AM
capitalcube.com logoAmeris Bancorp :ABCB-US: Earnings Analysis: Q1, 2016 By the Numbers : June 28, 2016 (NASDAQ:ABCB)
www.capitalcube.com - June 28 at 11:11 AM
benzinga.com logoAmeris Bancorp JAXB Deal Going According To Plan (NASDAQ:ABCB)
www.benzinga.com - June 24 at 8:26 PM
News IconAmeris names Griffin branch manager (NASDAQ:ABCB)
www.moultrieobserver.com - June 15 at 3:06 PM
capitalcube.com logoAmeris Bancorp breached its 50 day moving average in a Bearish Manner : ABCB-US : June 14, 2016 (NASDAQ:ABCB)
www.capitalcube.com - June 14 at 8:06 AM
biz.yahoo.com logoAMERIS BANCORP Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:ABCB)
biz.yahoo.com - June 7 at 4:32 PM
News IconEarnings Review and Stock Rundown for Ameris Bancorp (NASDAQ:ABCB) - Wall Street Hints and News (NASDAQ:ABCB)
hintsnewsnetwork.com - May 27 at 2:43 PM
equities.com logoAmeris Bancorp (ABCB) is Trading Higher on Unusual Volume for May 24 - Equities.com (NASDAQ:ABCB)
www.equities.com - May 26 at 1:46 PM
streetreport.co logoIs This the Right Time to Add Ameris Bancorp (NASDAQ:ABCB) to Your Portfolio? - Street Report (NASDAQ:ABCB)
www.streetreport.co - May 26 at 1:46 PM
biz.yahoo.com logoAMERIS BANCORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NASDAQ:ABCB)
biz.yahoo.com - May 18 at 4:45 PM
capitalcube.com logoETF’s with exposure to Ameris Bancorp : April 28, 2016 (NASDAQ:ABCB)
www.capitalcube.com - April 28 at 12:55 PM
capitalcube.com logoAmeris Bancorp :ABCB-US: Earnings Analysis: Q1, 2016 By the Numbers (NASDAQ:ABCB)
www.capitalcube.com - April 27 at 9:14 AM
finance.yahoo.com logoAnalysts' Actions -- 3D Systems, GE, Newmont Mining, Perrigo and More (NASDAQ:ABCB)
finance.yahoo.com - April 26 at 8:07 AM
finance.yahoo.com logoAmeris Bancorp downgraded by Piper Jaffray (NASDAQ:ABCB)
finance.yahoo.com - April 26 at 7:29 AM
finance.yahoo.com logoEdited Transcript of ABCB earnings conference call or presentation 22-Apr-16 3:00pm GMT (NASDAQ:ABCB)
finance.yahoo.com - April 22 at 4:11 PM
publicnow.com logoAmeris Bancorp Reports Operating Net Income of $16.5 Million, or $0.50 Per Diluted Share, for First Quarter 2016 (NASDAQ:ABCB)
www.publicnow.com - April 22 at 7:25 AM
sg.finance.yahoo.com logoAmeris Bancorp posts 1Q profit (NASDAQ:ABCB)
sg.finance.yahoo.com - April 22 at 7:19 AM
biz.yahoo.com logoQ1 2016 Ameris Bancorp Earnings Release - Before Market Open (NASDAQ:ABCB)
biz.yahoo.com - April 22 at 7:07 AM
News IconAmeris Bancorp (NASDAQ:ABCB) Analyst Updates - Risers & Fallers (NASDAQ:ABCB)
www.risersandfallers.com - February 26 at 2:22 PM
biz.yahoo.com logoAMERIS BANCORP Files SEC form 8-K/A, Other Events (NASDAQ:ABCB)
biz.yahoo.com - February 19 at 4:34 PM
biz.yahoo.com logoAMERIS BANCORP Files SEC form 8-K, Other Events (NASDAQ:ABCB)
biz.yahoo.com - February 18 at 4:32 PM
biz.yahoo.com logoAMERIS BANCORP Files SEC form 8-K, Regulation FD Disclosure (NASDAQ:ABCB)
biz.yahoo.com - February 11 at 4:28 PM
gurufocus.com logoInterview of Chris Marinac of FIG Partners: Issues for Banking in 2016 (NASDAQ:ABCB)
www.gurufocus.com - January 29 at 2:47 PM
capitalcube.com logoAmeris Bancorp Earnings Analysis: Q4, 2015 By the Numbers (NASDAQ:ABCB)
www.capitalcube.com - January 26 at 11:54 AM
seekingalpha.com logoAmeris Bancorp's (ABCB) CEO Edwin Hortman on Q4 2015 Results - Earnings Call Transcript (NASDAQ:ABCB)
seekingalpha.com - January 22 at 1:42 PM
finance.yahoo.com logoEdited Transcript of ABCB earnings conference call or presentation 22-Jan-16 3:00pm GMT (NASDAQ:ABCB)
finance.yahoo.com - January 22 at 1:05 PM

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Ameris Bancorp (NASDAQ:ABCB) Chart for Friday, September, 30, 2016


Last Updated on 9/30/2016 by MarketBeat.com Staff