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: $49.20
  • 50 Day Moving Average: $45.50
  • 200 Day Moving Average: $40.24
  • 52-Week Range: $26.75 - $49.50
  • Trailing P/E Ratio: 23.44
  • Foreward P/E Ratio: 14.86
  • P/E Growth: 2.28
  • Market Cap: $1.70B
  • Outstanding Shares: 34,915,000
  • Beta: 1.39
Profitability:
  • Net Margins: 20.91%
  • Return on Equity: 12.84%
  • Return on Assets: 1.28%
Debt:
  • Debt-to-Equity Ratio: 0.71%
  • Current Ratio: 0.96%
  • Quick Ratio: 0.94%
Additional Links:
Companies Related to Ameris Bancorp:

Analyst Ratings

Consensus Ratings for Ameris Bancorp (NASDAQ:ABCB) (?)
Ratings Breakdown: 4 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $34.67 (28.89% downside)

Analysts' Ratings History for Ameris Bancorp (NASDAQ:ABCB)
Show:
DateFirmActionRatingPrice TargetDetails
12/20/2016FIG PartnersDowngradeOutperform -> Market PerformView Rating Details
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 CompaniesDowngradeOverweight -> 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 2/25/2015 forward)

Earnings

Earnings History for Ameris Bancorp (NASDAQ:ABCB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/20/2017        
1/20/2017Q416$0.52$0.52$85.33 millionViewN/AView Earnings Details
10/17/2016Q316$0.59$0.61$85.84 millionViewListenView Earnings Details
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: $2.68 EPS
Next Year EPS Consensus Estimate: $3.28 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$0.49$0.62$0.56
Q1 20172$0.56$0.63$0.60
Q2 20172$0.64$0.71$0.68
Q3 20172$0.68$0.74$0.71
Q4 20172$0.69$0.70$0.70
Q1 20181$0.72$0.72$0.72
Q2 20182$0.81$0.81$0.81
Q3 20182$0.85$0.87$0.86
Q4 20181$0.89$0.89$0.89
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Ameris Bancorp (NASDAQ:ABCB)
Annual Dividend:$0.40
Dividend Yield:0.82%
Payout Ratio:19.32% (Based on Trailing 12 Months of Earnings)
14.93% (Based on Current Year Consensus EPS Estimate)
12.20% (Based on Next Year Consensus EPS Estimate)

Dividend History for Ameris Bancorp (NASDAQ:ABCB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/16/2016quarterly$0.100.89%12/28/201612/30/20161/10/2017
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: 82.37%
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
capitalcube.com logoAmeris Bancorp : ABCB-US: Dividend Analysis : December 30th, 2016 (record date) : By the numbers : February 21, 2017 (NASDAQ:ABCB)
www.capitalcube.com - February 22 at 11:47 AM
finance.yahoo.com logoSeacoast (SBCF) Catches Eye: Stock Gains 5.1% in Session (NASDAQ:ABCB)
finance.yahoo.com - February 14 at 3:21 PM
finance.yahoo.com logoThe First Bancshares (FBMS) Catches Eye: Stock Jumps 6% (NASDAQ:ABCB)
finance.yahoo.com - February 14 at 3:21 PM
marketexclusive.com logoAmeris Bancorp (NASDAQ:ABCB) Files An 8-K Regulation FD Disclosure (NASDAQ:ABCB)
marketexclusive.com - February 9 at 8:15 PM
biz.yahoo.com logoAMERIS BANCORP Files SEC form 8-K, Regulation FD Disclosure (NASDAQ:ABCB)
biz.yahoo.com - February 9 at 8:15 PM
bizjournals.com logoBrandBank sells insurance premium financing company to Ameris Bank (NASDAQ:ABCB)
www.bizjournals.com - February 9 at 3:13 PM
realistinvestor.com logoAmeris Bancorp (NASDAQ:ABCB) Is Expected To Post EPS Of $0.8567 (NASDAQ:ABCB)
www.realistinvestor.com - February 8 at 8:20 PM
biz.yahoo.com logoAMERIS BANCORP Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:ABCB)
biz.yahoo.com - February 8 at 3:20 PM
News IconAmeris Bancorp (ABCB) Holder Investment Counselors Of Maryland LLC Has Lowered Holding as Market Value Rose (NASDAQ:ABCB)
randolphguide.com - February 1 at 1:21 AM
insidermonkey.com logoEx-CEO of TD Ameritrade Sells Shares, Co-Founder of Chipmaker Offloads Shares, Plus Insider Buying at Other Companies (NASDAQ:ABCB)
www.insidermonkey.com - January 31 at 3:17 PM
News IconBank hires manager for RH branch (NASDAQ:ABCB)
www.bryancountynews.com - January 27 at 3:25 PM
capitalcube.com logoAmeris Bancorp breached its 50 day moving average in a Bullish Manner : ABCB-US : January 25, 2017 (NASDAQ:ABCB)
www.capitalcube.com - January 25 at 3:18 PM
capitalcube.com logoETFs with exposure to Ameris Bancorp : January 24, 2017 (NASDAQ:ABCB)
www.capitalcube.com - January 24 at 3:35 PM
biz.yahoo.com logoAMERIS BANCORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhibits (NASDAQ:ABCB)
biz.yahoo.com - January 23 at 3:16 PM
capitalcube.com logoAmeris Bancorp :ABCB-US: Earnings Analysis: Q4, 2016 By the Numbers : January 23, 2017 (NASDAQ:ABCB)
www.capitalcube.com - January 23 at 3:16 PM
investopedia.com logoAmeris Reports Net Income Spike for 2016 (ABCB) (NASDAQ:ABCB)
www.investopedia.com - January 23 at 3:16 PM
seekingalpha.com logoAmeris Bancorp's (ABCB) CEO Ed Hortman on Q4 2016 Results - Earnings Call Transcript (NASDAQ:ABCB)
seekingalpha.com - January 22 at 8:25 AM
finance.yahoo.com logoEdited Transcript of ABCB earnings conference call or presentation 20-Jan-17 4:00pm GMT (NASDAQ:ABCB)
finance.yahoo.com - January 21 at 1:20 AM
us.rd.yahoo.com logoAmeris Bancorp Announces 2016 Financial Results (NASDAQ:ABCB)
us.rd.yahoo.com - January 20 at 3:14 PM
us.rd.yahoo.com logo7:05 am Ameris Bancorp reports Q4 results; beats by $0.07 (NASDAQ:ABCB)
us.rd.yahoo.com - January 20 at 3:14 PM
biz.yahoo.com logoQ4 2016 Ameris Bancorp Earnings Release - Before Market Open (NASDAQ:ABCB)
us.rd.yahoo.com - January 20 at 3:14 PM
sg.finance.yahoo.com logoAmeris Bancorp posts 4Q profit (NASDAQ:ABCB)
sg.finance.yahoo.com - January 20 at 3:14 PM
feeds.reuters.com logoBRIEF-Ameris Bancorp announces 2016 financial results (NASDAQ:ABCB)
feeds.reuters.com - January 20 at 7:24 AM
4-traders.com logoAmeris Bancorp : annual earnings release (NASDAQ:ABCB)
www.4-traders.com - January 17 at 10:20 AM
News IconAmeris Bancorp (NASDAQ:ABCB) 4Q16 earnings sneak peak (NASDAQ:ABCB)
stockmarketdaily.co - January 15 at 1:23 AM
capitalcube.com logoAmeris Bancorp breached its 50 day moving average in a Bullish Manner : ABCB-US : January 11, 2017 (NASDAQ:ABCB)
www.capitalcube.com - January 11 at 3:17 PM
finance.yahoo.com logoAmeris Bancorp Announces Date Of Fourth Quarter 2016 Earnings Release And Conference Call (NASDAQ:ABCB)
finance.yahoo.com - January 10 at 8:25 PM
News IconAusten Carroll named market president for Thomasville, Cairo (NASDAQ:ABCB)
www.timesenterprise.com - January 8 at 3:16 PM
biz.yahoo.com logoAMERIS BANCORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligat (NASDAQ:ABCB)
biz.yahoo.com - January 4 at 1:19 AM
marketexclusive.com logoAmeris Bancorp (NASDAQ:ABCB) Files An 8-K Entry into a Material Definitive Agreement (NASDAQ:ABCB)
marketexclusive.com - December 29 at 8:21 PM
feeds.reuters.com logoBRIEF-Ameris Bancorp on Dec 28 entered into limited waiver, second amendment to loan agreement dated as of August 28, 2013 (NASDAQ:ABCB)
feeds.reuters.com - December 29 at 5:43 PM
nasdaq.com logoEx-Dividend Reminder: ServisFirst Bancshares, Ameris Bancorp and Terreno Realty (NASDAQ:ABCB)
www.nasdaq.com - December 27 at 3:20 PM
baystreet.ca logoAmeris Bancorp (ABCB) Down on U.S. Premium Joint Venture (NASDAQ:ABCB)
www.baystreet.ca - December 19 at 3:21 PM
streetinsider.com logoAmeris Bancorp (ABCB) Enters JV With USPF; Announces Agreement With Regulators Concerning BSA (NASDAQ:ABCB)
www.streetinsider.com - December 19 at 3:21 PM
finance.yahoo.com logo7:01 am Ameris Bancorp subsidiary enters into a JV with US Premium Finance for Ameris to be the exlusive provider of credit on US Premium's platform; expects JV to be 'highly accretive' (NASDAQ:ABCB)
finance.yahoo.com - December 19 at 3:21 PM
publicnow.com logoAmeris Bancorp Announces Highly Accretive Joint Venture With USPF and an Agreement With Regulators Concerning BSA (NASDAQ:ABCB)
www.publicnow.com - December 19 at 3:21 PM
biz.yahoo.com logoAMERIS BANCORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Unregistered Sale of Equity Securities (NASDAQ:ABCB)
biz.yahoo.com - December 19 at 3:21 PM
News IconDo Hedge Funds Love Ameris Bancorp (ABCB)? (NASDAQ:ABCB)
feedproxy.google.com - December 9 at 5:37 AM
capitalcube.com logoETFs with exposure to Ameris Bancorp : December 7, 2016 (NASDAQ:ABCB)
www.capitalcube.com - December 7 at 3:15 PM
realistinvestor.com logoAmeris Bancorp (NASDAQ:ABCB) Projected EPS At $0.71 (NASDAQ:ABCB)
www.realistinvestor.com - November 16 at 3:16 PM
capitalcube.com logoAmeris Bancorp :ABCB-US: Earnings Analysis: Q3, 2016 By the Numbers : November 16, 2016 (NASDAQ:ABCB)
www.capitalcube.com - November 16 at 12:38 PM
News IconAmeris Bank collects 825,891 food items, donates $100K to food banks (NASDAQ:ABCB)
www.mdjonline.com - November 10 at 9:12 PM
finance.yahoo.com logoAmeris Bancorp (ABCB) Looks Good: Stock Adds 5.6% in Session (NASDAQ:ABCB)
finance.yahoo.com - November 10 at 1:38 PM
finance.yahoo.com logo5 Reasons Why You Should Buy Hancock (HBHC) Stock Now (NASDAQ:ABCB)
finance.yahoo.com - November 8 at 1:37 PM
finance.yahoo.com logoIs Ameris Bancorp (ABCB) Stock a Solid Choice Right Now? (NASDAQ:ABCB)
finance.yahoo.com - November 7 at 1:01 PM
finance.yahoo.com logoEdited Transcript of ABCB earnings conference call or presentation 17-Oct-16 3:00pm GMT (NASDAQ:ABCB)
finance.yahoo.com - October 18 at 8:01 AM
baystreet.ca logoAmeris Bancorp (ABCB) Slips Ahead of Quarterly Figures (NASDAQ:ABCB)
www.baystreet.ca - October 17 at 3:16 PM
4-traders.com logoAmeris Bancorp : posts 3Q profit (NASDAQ:ABCB)
www.4-traders.com - October 17 at 3:16 PM
streetinsider.com logoAmeris Bancorp (ABCB) Tops Q3 EPS by 2c (NASDAQ:ABCB)
www.streetinsider.com - October 17 at 3:16 PM
seekingalpha.com logoAmeris Bancorp's (ABCB) CEO Ed Hortman on Q3 2016 Results - Earnings Call Transcript (NASDAQ:ABCB)
seekingalpha.com - October 17 at 3:16 PM

Social

What is Ameris Bancorp's stock symbol?

Ameris Bancorp trades on the NASDAQ under the ticker symbol "ABCB."

How often does Ameris Bancorp pay dividends? What is the dividend yield for Ameris Bancorp?

Ameris Bancorp declared a quarterly dividend on Friday, December 16th. Shareholders of record on Friday, December 30th will be paid a dividend of $0.10 per share on Tuesday, January 10th. This represents a $0.40 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date of this dividend is Wednesday, December 28th.

Where is Ameris Bancorp's stock going? Where will Ameris Bancorp's stock price be in 2017?

4 analysts have issued 1-year price targets for Ameris Bancorp's stock. Their predictions range from $31.00 to $38.00. On average, they expect Ameris Bancorp's stock price to reach $34.67 in the next twelve months.

When will Ameris Bancorp announce their earnings?

Ameris Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, April, 20th 2017.

Who owns Ameris Bancorp stock?

Ameris Bancorp's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (4.24%), NWQ Investment Management Company LLC (3.45%), Polaris Capital Management LLC (2.83%), State Street Corp (2.80%), Russell Investments Group Ltd. (1.96%) and Thrivent Financial for Lutherans (1.65%). Company insiders that own Ameris Bancorp stock include Cindi H Lewis, Jon S Edwards, Leo J Hill and William I Jr Bowen.

Who sold Ameris Bancorp stock? Who is selling Ameris Bancorp stock?

Ameris Bancorp's stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management AG, Stieven Capital Advisors L.P., Castine Capital Management LLC, Maltese Capital Management LLC, Renaissance Technologies LLC, NWQ Investment Management Company LLC, Guggenheim Capital LLC and Thrivent Financial for Lutherans.

Who bought Ameris Bancorp stock? Who is buying Ameris Bancorp stock?

Ameris Bancorp's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., State Street Corp, Dimensional Fund Advisors LP, Polaris Capital Management LLC, Royce & Associates LP, Two Sigma Investments LP, United Capital Financial Advisers LLC and Employees Retirement System of Texas. Company insiders that have bought Ameris Bancorp stock in the last two years include Leo J Hill and William I Jr Bowen.

How do I buy Ameris Bancorp stock?

Shares of Ameris Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Ameris Bancorp stock cost?

One share of Ameris Bancorp stock can currently be purchased for approximately $48.75.

Ameris Bancorp (NASDAQ:ABCB) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Ameris Bancorp (NASDAQ:ABCB)

Earnings History Chart

Earnings by Quarter for Ameris Bancorp (NASDAQ:ABCB)

Dividend History Chart

Dividend Payments by Quarter for Ameris Bancorp (NASDAQ:ABCB)

Last Updated on 2/25/2017 by MarketBeat.com Staff