Ameris Bancorp Company Profile (NASDAQ:ABCB)

About Ameris Bancorp (NASDAQ:ABCB)

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
  • Symbol: NASDAQ:ABCB
  • CUSIP: 03076K10
  • Web: www.amerisbank.com
Capitalization:
  • Market Cap: $1.6 billion
  • Outstanding Shares: 35,664,000
Average Prices:
  • 50 Day Moving Avg: $45.62
  • 200 Day Moving Avg: $45.14
  • 52 Week Range: $27.92 - $49.50
P/E:
  • Trailing P/E Ratio: 19.53
  • Foreward P/E Ratio: 13.85
  • P/E Growth: 2.17
Sales & Book Value:
  • Annual Revenue: $331.5 million
  • Price / Sales: 4.81
  • Book Value: $21.26 per share
  • Price / Book: 2.10
Dividend:
  • Annual Dividend: $0.40
  • Dividend Yield: 0.9%
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%
Misc:
  • Average Volume: 246,887 shs.
  • Beta: 1.39
  • Short Ratio: 3.37
 

Frequently Asked Questions for Ameris Bancorp (NASDAQ:ABCB)

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 Monday, March 27th. Stockholders of record on Friday, March 31st will be paid a dividend of $0.10 per share on Monday, April 10th. This represents a $0.40 annualized dividend and a dividend yield of 0.89%. The ex-dividend date of this dividend is Wednesday, March 29th. View Ameris Bancorp's Dividend History.

How were Ameris Bancorp's earnings last quarter?

Ameris Bancorp (NASDAQ:ABCB) released its quarterly earnings results on Friday, April, 21st. The company reported $0.60 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.58 by $0.02. The company earned $86.30 million during the quarter, compared to analysts' expectations of $86.84 million. Ameris Bancorp had a return on equity of 12.84% and a net margin of 20.91%. View Ameris Bancorp's Earnings History.

When will Ameris Bancorp make its next earnings announcement?

Ameris Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, July, 20th 2017. View Earnings Estimates for Ameris Bancorp.

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

5 brokerages have issued 1 year price objectives for Ameris Bancorp's stock. Their forecasts range from $38.00 to $55.00. On average, they anticipate Ameris Bancorp's share price to reach $49.00 in the next twelve months. View Analyst Ratings for Ameris Bancorp.

Who are some of Ameris Bancorp's key competitors?

Who owns Ameris Bancorp stock?

Ameris Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (0.00%), Vanguard Group Inc. (0.00%), Dimensional Fund Advisors LP (0.00%), State Street Corp (3.29%), Wellington Management Group LLP (0.00%) and Goldman Sachs Group Inc. (3.06%). Company insiders that own Ameris Bancorp stock include Cindi H Lewis, Dennis J Zember Jr, Edwin W Hortman Jr, Elizabeth A Mccague, Jon S Edwards, Lawton E Bassett III and William I Jr Bowen. View Institutional Ownership Trends for Ameris Bancorp.

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 Investment Counselors of Maryland LLC, Russell Investments Group Ltd., Wellington Management Group LLP, Bank of New York Mellon Corp, JPMorgan Chase & Co., Thrivent Financial For Lutherans, Morgan Stanley and Renaissance Technologies LLC. Company insiders that have sold Ameris Bancorp stock in the last year include Dennis J Zember Jr, Edwin W Hortman Jr, Jon S Edwards and Lawton E Bassett III. View Insider Buying and Selling for Ameris Bancorp.

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 BlackRock Inc., Vanguard Group Inc., Next Century Growth Investors LLC, State Street Corp, Redwood Investments LLC, Mendon Capital Advisors Corp, Ameriprise Financial Inc. and Goldman Sachs Group Inc.. Company insiders that have bought Ameris Bancorp stock in the last two years include Elizabeth A Mccague and William I Jr Bowen. View Insider Buying and Selling for Ameris Bancorp.

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 $44.75.

Analyst Ratings

Consensus Ratings for Ameris Bancorp (NASDAQ:ABCB) (?)
Ratings Breakdown: 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $49.00 (9.50% upside)

Analysts' Ratings History for Ameris Bancorp (NASDAQ:ABCB)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/24/2017Keefe, Bruyette & WoodsReiterated RatingHold$51.00LowView Rating Details
4/26/2017SunTrust Banks, Inc.UpgradeHold -> Buy$55.00HighView Rating Details
4/21/2017StephensReiterated RatingBuy$52.00MediumView Rating Details
12/20/2016FIG PartnersDowngradeOutperform -> Market PerformN/AView Rating Details
9/27/2016Sandler O'NeillDowngradeBuy -> Hold$36.00 -> $38.00N/AView Rating Details
4/26/2016Piper Jaffray CompaniesDowngradeOverweight -> Neutral$32.00 -> $31.00N/AView Rating Details
11/2/2015Cowen and CompanyLower Price TargetOutperform$41.00 -> $30.50N/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for Ameris Bancorp (NASDAQ:ABCB)
Earnings by Quarter for Ameris Bancorp (NASDAQ:ABCB)
Earnings History by Quarter for Ameris Bancorp (NASDAQ:ABCB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/20/2017        
4/21/2017Q1 2017$0.58$0.60$86.84 million$86.30 millionViewN/AView Earnings Details
1/20/2017Q416$0.52$0.52$86.94 million$81.55 millionViewN/AView Earnings Details
10/17/2016Q316$0.59$0.61$86.40 million$85.93 millionViewListenView Earnings Details
7/22/2016Q216$0.53$0.57$80.46 million$82.97 millionViewListenView Earnings Details
4/22/2016Q116$0.47$0.50$75.91 million$74.72 millionViewListenView Earnings Details
1/22/2016Q415$0.51$0.47$74.52 million$71.03 millionViewListenView Earnings Details
10/23/2015Q315$0.47$0.48$70.21 million$72.38 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$57.06 million$56.41 millionViewN/AView Earnings Details
1/29/2015Q4 2014$0.45$0.39$57.45 million$57.37 millionViewN/AView Earnings Details
10/22/2014Q3$0.44$0.44$57.83 million$57.03 millionViewN/AView Earnings Details
7/22/2014Q2 2014$0.40$0.32$49.23 million$51.08 millionViewN/AView Earnings Details
4/22/2014Q1 2014$0.33$0.32$47.12 million$47.24 millionViewN/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)
2017 EPS Consensus Estimate: $2.59
2018 EPS Consensus Estimate: $3.23
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.56$0.63$0.60
Q2 20172$0.62$0.66$0.64
Q3 20172$0.66$0.70$0.68
Q4 20172$0.67$0.67$0.67
Q1 20182$0.70$0.72$0.71
Q2 20182$0.78$0.82$0.80
Q3 20182$0.84$0.87$0.86
Q4 20182$0.86$0.87$0.87
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Ameris Bancorp (NASDAQ:ABCB)
Most Recent Dividend:4/10/2017
Annual Dividend:$0.40
Dividend Yield:0.89%
Payout Ratio:19.32% (Trailing 12 Months of Earnings)
15.38% (Based on This Year's Estimates)
12.38% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Ameris Bancorp (NASDAQ:ABCB)

Dividend History by Quarter for Ameris Bancorp (NASDAQ:ABCB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/27/2017quarterly$0.100.9%3/29/20173/31/20174/10/2017
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 and Institutional Ownership History for Ameris Bancorp (NASDAQ:ABCB)
Insider Ownership Percentage: 3.88%
Institutional Ownership Percentage: 82.37%
Insider Trades by Quarter for Ameris Bancorp (NASDAQ:ABCB)
Institutional Ownership by Quarter for Ameris Bancorp (NASDAQ:ABCB)
Insider Trades by Quarter for Ameris Bancorp (NASDAQ:ABCB)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/16/2017William I Jr. BowenDirectorBuy300$44.07$13,221.00View SEC Filing  
5/8/2017Elizabeth A MccagueDirectorBuy1,060$47.00$49,820.00View SEC Filing  
5/4/2017Edwin W Hortman JrCEOSell14,578$47.37$690,559.86View SEC Filing  
5/4/2017Jon S EdwardsEVPSell13,033$47.23$615,548.59View SEC Filing  
5/4/2017Lawton E Bassett IIIPresidentSell5,204$47.23$245,784.92View SEC Filing  
5/1/2017Dennis J Zember JrCOOSell15,000$47.38$710,700.00View SEC Filing  
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

Headline Trends for Ameris Bancorp (NASDAQ:ABCB)
Latest Headlines for Ameris Bancorp (NASDAQ:ABCB)
Source:
DateHeadline
americanbankingnews.com logoAmeris Bancorp (ABCB) Rating Reiterated by Keefe, Bruyette & Woods
www.americanbankingnews.com - May 24 at 7:54 AM
americanbankingnews.com logoAmeris Bancorp (ABCB) Director Buys $13,221.00 in Stock
www.americanbankingnews.com - May 18 at 8:54 PM
americanbankingnews.com logoAmeris Bancorp (ABCB) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - May 16 at 8:40 AM
finance.yahoo.com logoAmeris Bancorp breached its 50 day moving average in a Bearish Manner : ABCB-US : May 12, 2017
finance.yahoo.com - May 12 at 3:27 PM
americanbankingnews.com logo$92.71 Million in Sales Expected for Ameris Bancorp (ABCB) This Quarter
www.americanbankingnews.com - May 11 at 11:38 AM
americanbankingnews.com logoZacks: Brokerages Anticipate Ameris Bancorp (ABCB) to Post $0.65 EPS
www.americanbankingnews.com - May 9 at 8:24 AM
americanbankingnews.com logoAmeris Bancorp (ABCB) Director Buys $49,820.00 in Stock
www.americanbankingnews.com - May 8 at 8:22 PM
americanbankingnews.com logoAmeris Bancorp (ABCB) CEO Sells $690,559.86 in Stock
www.americanbankingnews.com - May 8 at 4:31 PM
americanbankingnews.com logoAmeris Bancorp (ABCB) EVP Jon S. Edwards Sells 13,033 Shares
www.americanbankingnews.com - May 5 at 1:51 PM
americanbankingnews.com logoLawton E. Bassett III Sells 5,204 Shares of Ameris Bancorp (ABCB) Stock
www.americanbankingnews.com - May 5 at 1:50 PM
americanbankingnews.com logoAmeris Bancorp (ABCB) COO Sells $710,700.00 in Stock
www.americanbankingnews.com - May 3 at 7:00 PM
americanbankingnews.com logoPositive News Coverage Extremely Unlikely to Affect Ameris Bancorp (ABCB) Stock Price
www.americanbankingnews.com - May 3 at 8:26 AM
americanbankingnews.com logoAmeris Bancorp (ABCB) Receiving Somewhat Critical Media Coverage, Analysis Finds
www.americanbankingnews.com - April 30 at 8:12 AM
americanbankingnews.com logoAmeris Bancorp to Post Q4 2017 Earnings of $0.67 Per Share, SunTrust Banks Forecasts (ABCB)
www.americanbankingnews.com - April 28 at 8:44 PM
americanbankingnews.com logoAmeris Bancorp (ABCB) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - April 28 at 8:10 PM
americanbankingnews.com logoAmeris Bancorp (ABCB) Lifted to Hold at Zacks Investment Research
www.americanbankingnews.com - April 28 at 7:56 PM
americanbankingnews.com logoFavorable Press Coverage Extremely Unlikely to Impact Ameris Bancorp (ABCB) Share Price
www.americanbankingnews.com - April 27 at 2:05 PM
americanbankingnews.com logoQ2 2017 EPS Estimates for Ameris Bancorp Lifted by FIG Partners (ABCB)
www.americanbankingnews.com - April 27 at 10:12 AM
americanbankingnews.com logoQ2 2017 EPS Estimates for Ameris Bancorp Reduced by SunTrust Banks (ABCB)
www.americanbankingnews.com - April 27 at 10:12 AM
americanbankingnews.com logoQ2 2018 Earnings Estimate for Ameris Bancorp Issued By FIG Partners (ABCB)
www.americanbankingnews.com - April 26 at 4:44 PM
finance.yahoo.com logoAmeris Bancorp Earns Composite Rating Upgrade
finance.yahoo.com - April 26 at 3:24 PM
americanbankingnews.com logoAmeris Bancorp (ABCB) Releases Earnings Results
www.americanbankingnews.com - April 24 at 1:06 PM
americanbankingnews.com logoAmeris Bancorp (ABCB) Earns Media Sentiment Rating of -0.08
www.americanbankingnews.com - April 24 at 11:45 AM
finance.yahoo.com logoAmeris Bancorp breached its 50 day moving average in a Bullish Manner : ABCB-US : April 24, 2017
finance.yahoo.com - April 24 at 11:15 AM
finance.yahoo.com logoEdited Transcript of ABCB earnings conference call or presentation 21-Apr-17 2:00pm GMT
finance.yahoo.com - April 22 at 11:09 AM
americanbankingnews.com logoAmeris Bancorp (ABCB) Stock Rating Reaffirmed by Keefe, Bruyette & Woods
www.americanbankingnews.com - April 21 at 10:14 PM
finance.yahoo.com logoABCB : Summary for Ameris Bancorp - Yahoo Finance
finance.yahoo.com - April 21 at 8:09 PM
bizjournals.com logoAmeris Bancorp Announces 20% Increase In Operating Results For First Quarter 2017
www.bizjournals.com - April 21 at 3:08 PM
americanbankingnews.com logoAmeris Bancorp (ABCB) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - April 21 at 12:19 PM
americanbankingnews.com logoAmeris Bancorp's (ABCB) "Buy" Rating Reiterated at Stephens
www.americanbankingnews.com - April 21 at 9:16 AM
marketbeat.com logoAmeris Bancorp posts 1Q profit
marketbeat.com - April 21 at 7:35 AM
seekingalpha.com logoAmeris Bancorp beats by $0.02, misses on revenue
seekingalpha.com - April 21 at 7:13 AM
americanbankingnews.com logo$86.84 Million in Sales Expected for Ameris Bancorp (ABCB) This Quarter
www.americanbankingnews.com - April 20 at 1:50 PM
americanbankingnews.com logoAmeris Bancorp (ABCB) Receiving Somewhat Positive Media Coverage, Report Finds
www.americanbankingnews.com - April 20 at 7:29 AM
americanbankingnews.com logoAmeris Bancorp (ABCB) to Release Quarterly Earnings on Friday
www.americanbankingnews.com - April 19 at 7:08 AM
americanbankingnews.com logo Analysts Anticipate Ameris Bancorp (ABCB) to Announce $0.59 EPS
www.americanbankingnews.com - April 18 at 11:36 AM
americanbankingnews.com logoAmeris Bancorp (ABCB) Receiving Somewhat Positive Media Coverage, Analysis Finds
www.americanbankingnews.com - April 16 at 9:26 AM
americanbankingnews.com logoAmeris Bancorp (ABCB) Short Interest Update
www.americanbankingnews.com - April 15 at 7:06 AM
americanbankingnews.com logoAmeris Bancorp (ABCB) Raised to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 14 at 4:48 PM
americanbankingnews.com logoAmeris Bancorp (ABCB) Receives Daily News Sentiment Rating of 0.30
www.americanbankingnews.com - April 13 at 11:35 AM
finance.yahoo.com logoAmeris Bancorp : ABCB-US: Dividend Analysis : March 31st, 2017 (record date) : By the numbers : April 11, 2017
finance.yahoo.com - April 11 at 3:15 PM
finance.yahoo.com logoAmeris Bancorp Announces Date Of First Quarter 2017 Earnings Release And Conference Call
finance.yahoo.com - April 7 at 5:23 AM
americanbankingnews.com logoKeefe, Bruyette & Woods Reaffirms Hold Rating for Ameris Bancorp (ABCB)
www.americanbankingnews.com - April 5 at 12:06 PM
americanbankingnews.com logoAmeris Bancorp (ABCB) Sees Significant Drop in Short Interest
www.americanbankingnews.com - April 4 at 12:37 PM
americanbankingnews.com logoAmeris Bancorp (ABCB) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - April 3 at 4:27 PM
seekingalpha.com logoAmeris Bancorp goes ex-dividend tomorrow
seekingalpha.com - March 28 at 8:17 PM
americanbankingnews.com logoAmeris Bancorp (ABCB) Downgraded by Zacks Investment Research
www.americanbankingnews.com - March 27 at 5:46 PM
americanbankingnews.com logoAmeris Bancorp (ABCB) Declares $0.10 Quarterly Dividend
www.americanbankingnews.com - March 27 at 4:59 PM
finance.yahoo.com logoAmeris Bancorp Closes Subordinated Notes Offering
finance.yahoo.com - March 13 at 3:15 PM
finance.yahoo.com logoAmeris Bancorp Announces Pricing Of Subordinated Notes Offering
finance.yahoo.com - March 7 at 8:17 PM

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Chart

Ameris Bancorp (ABCB) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff