Ameris Bancorp operates as the holding company for Ameris Bank that provides banking services to retail and commercial customers primarily in Georgia, Alabama, Florida, and South Carolina. The company operates through five segments: Banking Division, Retail Mortgage Division, Warehouse Lending Division, Small Business Administration Division, and Premium Finance Division. It offers commercial and retail checking accounts, regular interest-bearing savings accounts, money market accounts, individual retirement accounts, and certificates of deposit. The company also provides commercial real estate, residential real estate mortgage, agricultural, and commercial and industrial loans; consumer loans, including motor vehicle, home improvement, and home equity loans, as well as loans secured by savings accounts and small unsecured personal credit lines; and municipal and commercial insurance premium finance loans. It operates 97 domestic banking offices and 13 loan production offices. Ameris Bancorp was founded in 1971 and is headquartered in Moultrie, Georgia.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:ABCB
CUSIP03076K10
Phone229-890-1111
Debt
Debt-to-Equity Ratio0.69
Current Ratio1.03
Quick Ratio1.01
Price-To-Earnings
Trailing P/E Ratio19.40
Forward P/E Ratio14.76
P/E GrowthN/A
Sales & Book Value
Annual Sales$398.80 million
Price / Sales5.86
Cash Flow$2.78 per share
Price / Cash17.68
Book Value$21.61 per share
Price / Book2.27
Profitability
EPS (Most Recent Fiscal Year)$2.48
Net Income$73.54 million
Net Margins15.07%
Return on Equity10.84%
Return on Assets1.20%
Miscellaneous
Employees1,460
Outstanding Shares47,520,000
Market Cap$2.23 billion
Ameris Bancorp (NASDAQ:ABCB) Frequently Asked Questions
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 announced a quarterly dividend on Monday, June 18th. Investors of record on Friday, June 29th will be given a dividend of $0.10 per share on Tuesday, July 10th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date is Thursday, June 28th. View Ameris Bancorp's Dividend History.
How were Ameris Bancorp's earnings last quarter?
Ameris Bancorp (NASDAQ:ABCB) issued its quarterly earnings data on Friday, July, 27th. The bank reported $0.74 EPS for the quarter, missing the Zacks' consensus estimate of $0.84 by $0.10. The bank earned $107.31 million during the quarter, compared to the consensus estimate of $108.92 million. Ameris Bancorp had a net margin of 15.07% and a return on equity of 10.84%. View Ameris Bancorp's Earnings History.
When is Ameris Bancorp's next earnings date?
What price target have analysts set for ABCB?
5 brokers have issued 1-year price objectives for Ameris Bancorp's shares. Their predictions range from $54.00 to $61.00. On average, they anticipate Ameris Bancorp's stock price to reach $57.80 in the next twelve months. This suggests a possible upside of 17.6% from the stock's current price. View Analyst Price Targets for Ameris Bancorp.
What is the consensus analysts' recommendation for Ameris Bancorp?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ameris Bancorp in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ameris Bancorp.
Who are some of Ameris Bancorp's key competitors?
Some companies that are related to Ameris Bancorp include Commerce Bancshares (CBSH), Signature Bank (SBNY), Western Alliance Bancorporation (WAL), First Citizens BancShares Inc. Class A (FCNCA), Bank Of The Ozarks (OZRK), Popular (BPOP), Prosperity Bancshares (PB), Wintrust Financial (WTFC), Bank Ozk (OZK), IBERIABANK (IBKC), Investors Bancorp (ISBC), Associated Banc (ASB), Hancock (HBHC), Texas Capital Bancshares (TCBI) and First Financial Bankshares (FFIN).
Who are Ameris Bancorp's key executives?
Ameris Bancorp's management team includes the folowing people:
- Mr. Edwin W. Hortman Jr., Exec. Chairman (Age 64)
- Mr. Dennis J. Zember Jr., Pres, CEO, COO & Director (Age 48)
- Mr. Joseph B. Kissel, Exec. VP & Chief Information Officer (Age 64)
- Mr. Lawton E. Bassett III, Exec. VP & Banking Group Pres (Age 49)
- Mr. Andrew B. Cheney, Non-Employee Advisor (Age 68)
Has Ameris Bancorp been receiving favorable news coverage?
News coverage about ABCB stock has trended somewhat positive on Thursday, Accern reports. The research firm rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ameris Bancorp earned a daily sentiment score of 0.18 on Accern's scale. They also gave news articles about the bank an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View Recent Headlines for Ameris Bancorp.
Who are Ameris Bancorp's major shareholders?
Ameris Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.75%), Dimensional Fund Advisors LP (3.45%), Angelo Gordon & CO. L.P. (3.08%), Polaris Capital Management LLC (2.04%), Bank of New York Mellon Corp (1.69%) and Bank of New York Mellon Corp (1.69%). Company insiders that own Ameris Bancorp stock include Cindi H Lewis, Dennis J Zember Jr, Edwin W Hortman Jr, Elizabeth A Mccague, James A Lahaise, Jon S Edwards, Lawton E Bassett III, Leo J Hill, Robert Dale Ezzell and William I Jr Bowen. View Institutional Ownership Trends for Ameris Bancorp.
Which major investors are selling Ameris Bancorp stock?
ABCB stock was sold by a variety of institutional investors in the last quarter, including Polaris Capital Management LLC, Russell Investments Group Ltd., Segall Bryant & Hamill LLC, Maltese Capital Management LLC, Boston Partners, Fisher Asset Management LLC, Oak Ridge Investments LLC and Millennium Management LLC. Company insiders that have sold Ameris Bancorp company stock in the last year include Dennis J Zember Jr, Edwin W Hortman Jr, James A Lahaise, Lawton E Bassett III and Robert Dale Ezzell. View Insider Buying and Selling for Ameris Bancorp.
Which major investors are buying Ameris Bancorp stock?
ABCB stock was purchased by a variety of institutional investors in the last quarter, including Angelo Gordon & CO. L.P., BlackRock Inc., Strs Ohio, PL Capital Advisors LLC, Cornerstone Wealth Management LLC, Northern Trust Corp, First Trust Advisors LP and Salzhauer Michael. Company insiders that have bought Ameris Bancorp stock in the last two years include Elizabeth A Mccague, Leo J Hill and William I Jr Bowen. View Insider Buying and Selling for Ameris Bancorp.
How do I buy shares of Ameris Bancorp?
Shares of ABCB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ameris Bancorp's stock price today?
One share of ABCB stock can currently be purchased for approximately $49.15.
How big of a company is Ameris Bancorp?
Ameris Bancorp has a market capitalization of $2.23 billion and generates $398.80 million in revenue each year. The bank earns $73.54 million in net income (profit) each year or $2.48 on an earnings per share basis. Ameris Bancorp employs 1,460 workers across the globe.
How can I contact Ameris Bancorp?
Ameris Bancorp's mailing address is 310 FIRST ST. SE, MOULTRIE GA, 31776. The bank can be reached via phone at 229-890-1111 or via email at [email protected]
MarketBeat Community Rating for Ameris Bancorp (NASDAQ ABCB)
MarketBeat's community ratings are surveys of what our community members think about Ameris Bancorp and other stocks. Vote "Outperform" if you believe ABCB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ABCB will underperform the S&P 500 over the long term. You may vote once every thirty days.
