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: Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:ABCB
  • CUSIP: 03076K10
  • Web: www.amerisbank.com
Capitalization:
  • Market Cap: $1.7962 billion
  • Outstanding Shares: 37,162,000
Average Prices:
  • 50 Day Moving Avg: $46.49
  • 200 Day Moving Avg: $46.04
  • 52 Week Range: $35.15 - $51.28
P/E:
  • Trailing P/E Ratio: 20.73
  • Foreward P/E Ratio: 15.51
  • P/E Growth: 2.38
Sales & Book Value:
  • Annual Revenue: $338.56 million
  • Price / Sales: 5.30
  • Book Value: $21.06 per share
  • Price / Book: 2.29
Dividend:
  • Annual Dividend: $0.40
  • Dividend Yield: 0.8%
Profitability:
  • Net Margins: 21.57%
  • Return on Equity: 12.12%
  • Return on Assets: 1.25%
Debt:
  • Debt-to-Equity Ratio: 1.11%
  • Current Ratio: 1.07%
  • Quick Ratio: 1.02%
Misc:
  • Average Volume: 179,154 shs.
  • Beta: 1.3
  • Short Ratio: 5.83
 

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 Friday, September 22nd. Investors of record on Friday, September 29th will be paid a dividend of $0.10 per share on Tuesday, October 10th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date of this dividend is Thursday, September 28th. View Ameris Bancorp's Dividend History.

How were Ameris Bancorp's earnings last quarter?

Ameris Bancorp (NASDAQ:ABCB) announced its earnings results on Thursday, October, 19th. The company reported $0.63 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.65 by $0.02. The business earned $93.85 million during the quarter, compared to the consensus estimate of $96.89 million. Ameris Bancorp had a net margin of 21.57% and a return on equity of 12.12%. 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 Friday, January, 19th 2018. View Earnings Estimates for Ameris Bancorp.

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

5 brokers have issued 1-year target prices for Ameris Bancorp's shares. Their forecasts range from $48.00 to $55.00. On average, they expect Ameris Bancorp's share price to reach $51.50 in the next year. View Analyst Ratings for Ameris Bancorp.

Who are some of Ameris Bancorp's key competitors?

Who are Ameris Bancorp's key executives?

Ameris Bancorp's management team includes the folowing people:

  • Daniel B. Jeter, Independent Chairman of the Board
  • Edwin W. Hortman Jr., President, Chief Executive Officer, Director
  • Dennis J. Zember Jr., Chief Financial Officer, Chief Operating Officer, Executive Vice President
  • Cindi H. Lewis, Executive Vice President, Chief Administrative Officer, Corporate Secretary
  • Joseph B. Kissel, Executive Vice President, Chief Information Officer
  • Stephen A. Melton, Executive Vice President, Chief Risk Officer
  • Lawton E. Bassett III, Executive Vice President, Banking Group President, President of Bank
  • Andrew B. Cheney, Executive Vice President, Chief Banking Executive
  • Jon S. Edwards, Executive Vice President, Chief Credit Officer
  • James A. LaHaise, Executive Vice President and Corporate Banking Executive

Who owns Ameris Bancorp stock?

Ameris Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (0.31%). 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, Leo J Hill and William I Jr Bowen. View Institutional Ownership Trends for Ameris Bancorp.

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

Ameris Bancorp's stock was acquired by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC. 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 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.

What is Ameris Bancorp's stock price today?

One share of Ameris Bancorp stock can currently be purchased for approximately $48.25.


MarketBeat Community Rating for Ameris Bancorp (NASDAQ ABCB)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  133 (Vote Outperform)
Underperform Votes:  136 (Vote Underperform)
Total Votes:  269
MarketBeat's community ratings are surveys of what our community members think about Ameris Bancorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Ameris Bancorp (NASDAQ:ABCB) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $51.50 (6.74% upside)
Consensus Price Target History for Ameris Bancorp (NASDAQ:ABCB)
Price Target History for Ameris Bancorp (NASDAQ:ABCB)
Analysts' Ratings History for Ameris Bancorp (NASDAQ:ABCB)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/6/2017Piper Jaffray CompaniesSet Price TargetHold$48.00N/AView Rating Details
9/28/2017StephensReiterated RatingBuy$52.00MediumView Rating Details
6/26/2017Keefe, Bruyette & WoodsReiterated RatingHold$51.00MediumView Rating Details
4/26/2017SunTrust Banks, Inc.UpgradeHold -> Buy$55.00HighView Rating Details
12/20/2016FIG PartnersDowngradeOutperform -> Market PerformN/AView Rating Details
9/27/2016Sandler O'NeillDowngradeBuy -> Hold$36.00 -> $38.00N/AView Rating Details
11/2/2015Cowen and CompanyLower Price TargetOutperform$41.00 -> $30.50N/AView Rating Details
(Data available from 10/22/2015 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
1/18/2018$0.66N/AView Earnings Details
10/19/2017Q3 2017$0.65$0.63$96.89 million$93.85 millionViewN/AView Earnings Details
7/21/2017Q2 2017$0.65$0.63$92.71 million$91.35 millionViewN/AView Earnings Details
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: $2.56
2018 EPS Consensus Estimate: $3.14
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$0.67$0.67
Q4 20172$0.66$0.66$0.66
Q1 20182$0.70$0.71$0.71
Q2 20182$0.76$0.78$0.77
Q3 20182$0.82$0.83$0.83
Q4 20182$0.82$0.85$0.84
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Ameris Bancorp (NASDAQ:ABCB)
Most Recent Dividend:10/10/2017
Annual Dividend:$0.40
Dividend Yield:0.83%
Payout Ratio:17.62% (Trailing 12 Months of Earnings)
15.75% (Based on This Year's Estimates)
12.86% (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
9/22/2017Quarterly$0.100.89%9/28/20179/29/201710/10/2017
6/23/2017quarterly$0.100.86%6/28/20176/30/20177/10/2017
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: 3.63%
Institutional Ownership Percentage: 82.40%
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
9/7/2017Leo J HillDirectorBuy1,000$42.75$42,750.00View SEC Filing  
8/1/2017William I Jr. BowenDirectorBuy300$46.09$13,827.00View SEC Filing  
6/8/2017Cindi H LewisCAOSell3,200$46.00$147,200.00View SEC Filing  
6/8/2017Edwin W Hortman JrCEOSell27,459$46.69$1,282,060.71View SEC Filing  
5/31/2017Leo J HillDirectorBuy500$43.00$21,500.00View SEC Filing  
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)
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Chart

Ameris Bancorp (ABCB) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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