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: $1.82599 billion
  • Outstanding Shares: 37,162,000
Average Prices:
  • 50 Day Moving Avg: $45.83
  • 200 Day Moving Avg: $45.94
  • 52 Week Range: $35.15 - $51.28
P/E:
  • Trailing P/E Ratio: 21.33
  • Foreward P/E Ratio: 15.95
  • P/E Growth: 2.47
Sales & Book Value:
  • Annual Revenue: $338.56 million
  • Price / Sales: 5.44
  • Book Value: $21.06 per share
  • Price / Book: 2.36
Dividend:
  • Annual Dividend: $0.40
  • Dividend Yield: 0.8%
Profitability:
  • Net Margins: 22.66%
  • Return on Equity: 12.52%
  • Return on Assets: 1.27%
Debt:
  • Debt-to-Equity Ratio: 0.98%
  • Current Ratio: 1.04%
  • Quick Ratio: 1.02%
Misc:
  • Average Volume: 175,753 shs.
  • Beta: 1.29
  • 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. Stockholders of record on Friday, September 29th will be given a dividend of $0.10 per share on Tuesday, October 10th. This represents a $0.40 annualized dividend and a dividend yield of 0.81%. 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) released its earnings results on Friday, July, 21st. The company reported $0.63 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.65 by $0.02. The company had revenue of $91.35 million for the quarter, compared to analysts' expectations of $92.71 million. Ameris Bancorp had a net margin of 22.66% and a return on equity of 12.52%. 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, October, 19th 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 12-month price targets for Ameris Bancorp's shares. Their predictions 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

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 $49.60.


MarketBeat Community Rating for Ameris Bancorp (NASDAQ ABCB)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  131 (Vote Outperform)
Underperform Votes:  133 (Vote Underperform)
Total Votes:  264
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 (3.83% 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 10/17/2015 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
10/19/2017$0.66N/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:0.81%
Payout Ratio:17.09% (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)
Latest Headlines for Ameris Bancorp (NASDAQ:ABCB)
Source:
DateHeadline
americanbankingnews.com logoAmeris Bancorp (ABCB) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - October 15 at 9:00 AM
finance.yahoo.com logoAmeris Bancorp : ABCB-US: Dividend Analysis : September 29th, 2017 (record date) : By the numbers : October 13, 2017
finance.yahoo.com - October 13 at 3:18 PM
americanbankingnews.com logoAmeris Bancorp (ABCB) Upgraded to Hold by Zacks Investment Research
www.americanbankingnews.com - October 12 at 3:52 PM
americanbankingnews.com logoFIG Partners Research Analysts Lift Earnings Estimates for Ameris Bancorp (ABCB)
www.americanbankingnews.com - October 12 at 9:34 AM
americanbankingnews.com logoAmeris Bancorp (ABCB) Scheduled to Post Earnings on Thursday
www.americanbankingnews.com - October 12 at 1:24 AM
thestreet.com logoAmeris Bancorp Reaches Analyst Target Price
www.thestreet.com - October 11 at 3:26 PM
americanbankingnews.com logoAmeris Bancorp (ABCB) Expected to Announce Quarterly Sales of $96.89 Million
www.americanbankingnews.com - October 8 at 9:38 AM
americanbankingnews.com logoAmeris Bancorp (ABCB) Given a $48.00 Price Target by Piper Jaffray Companies Analysts
www.americanbankingnews.com - October 7 at 11:54 PM
americanbankingnews.com logoPiper Jaffray Companies Reaffirms "Neutral" Rating for Ameris Bancorp (ABCB)
www.americanbankingnews.com - October 5 at 5:36 PM
finance.yahoo.com logoAmeris Bancorp Announces Date Of Third Quarter 2017 Earnings Release And Conference Call
finance.yahoo.com - September 29 at 3:03 PM
americanbankingnews.com logoAmeris Bancorp (ABCB) Given "Buy" Rating at Stephens
www.americanbankingnews.com - September 28 at 3:40 PM
nasdaq.com logoAmeris Bancorp (ABCB) Ex-Dividend Date Scheduled for September 28, 2017 - Nasdaq
www.nasdaq.com - September 28 at 3:16 PM
americanbankingnews.com logoAmeris Bancorp (ABCB) to Issue $0.10 Quarterly Dividend
www.americanbankingnews.com - September 27 at 2:08 PM
americanbankingnews.com logoReviewing Ameris Bancorp (ABCB) & Its Peers
www.americanbankingnews.com - September 23 at 10:28 PM
finance.yahoo.com logoAmeris Bancorp breached its 50 day moving average in a Bullish Manner : ABCB-US : September 21, 2017
finance.yahoo.com - September 23 at 9:37 AM
finance.yahoo.com logoETFs with exposure to Ameris Bancorp : September 22, 2017
finance.yahoo.com - September 23 at 9:37 AM
americanbankingnews.com logoAmeris Bancorp (ABCB) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - September 20 at 8:08 AM
americanbankingnews.com logoAmeris Bancorp (ABCB) vs. KeyCorp (KEY) Financial Analysis
www.americanbankingnews.com - September 19 at 6:10 PM
americanbankingnews.com logoAmeris Bancorp (ABCB) Director Acquires $42,750.00 in Stock
www.americanbankingnews.com - September 7 at 8:28 PM
finance.yahoo.com logoAmeris Bancorp :ABCB-US: Earnings Analysis: Q2, 2017 By the Numbers : September 7, 2017
finance.yahoo.com - September 7 at 3:16 PM
americanbankingnews.com logoFIG Partners Brokers Reduce Earnings Estimates for Ameris Bancorp (ABCB)
www.americanbankingnews.com - August 31 at 10:12 AM
americanbankingnews.com logoAmeris Bancorp (ABCB) Expected to Announce Earnings of $0.66 Per Share
www.americanbankingnews.com - August 30 at 2:10 PM
americanbankingnews.com logoAmeris Bancorp (ABCB) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - August 26 at 8:28 AM
finance.yahoo.com logoIHS Markit Score upgrades Ameris Bancorp to 36 out of 100, ranking positively in two out of four IHS Markit categories.
finance.yahoo.com - August 11 at 2:53 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Ameris Bancorp.
finance.yahoo.com - August 10 at 1:22 AM
finance.yahoo.com logoAmeris Bancorp – Value Analysis (NASDAQ:ABCB) : August 8, 2017
finance.yahoo.com - August 8 at 8:21 PM
americanbankingnews.com logoAmeris Bancorp (NASDAQ:ABCB) Director Purchases $13,827.00 in Stock
www.americanbankingnews.com - August 3 at 1:24 PM
finance.yahoo.com logoETFs with exposure to Ameris Bancorp : August 1, 2017
finance.yahoo.com - August 1 at 8:29 PM
americanbankingnews.com logoAmeris Bancorp (NASDAQ:ABCB) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - August 1 at 11:08 AM
finance.yahoo.com logoAmeris Bancorp breached its 50 day moving average in a Bearish Manner : ABCB-US : July 27, 2017
finance.yahoo.com - July 27 at 3:26 PM
americanbankingnews.com logoSunTrust Banks Comments on Ameris Bancorp's Q4 2017 Earnings (NASDAQ:ABCB)
www.americanbankingnews.com - July 27 at 12:40 PM
americanbankingnews.com logoQ4 2017 EPS Estimates for Ameris Bancorp Reduced by FIG Partners (ABCB)
www.americanbankingnews.com - July 27 at 12:40 PM
americanbankingnews.com logoSunTrust Banks Comments on Ameris Bancorp's Q3 2017 Earnings (ABCB)
www.americanbankingnews.com - July 26 at 10:25 AM
americanbankingnews.com logo$96.12 Million in Sales Expected for Ameris Bancorp (NASDAQ:ABCB) This Quarter
www.americanbankingnews.com - July 26 at 10:21 AM
americanbankingnews.com logoAmeris Bancorp (ABCB) Expected to Announce Earnings of $0.69 Per Share
www.americanbankingnews.com - July 25 at 12:26 AM
finance.yahoo.com logoEdited Transcript of ABCB earnings conference call or presentation 21-Jul-17 2:00pm GMT
finance.yahoo.com - July 22 at 2:32 AM
americanbankingnews.com logoPiper Jaffray Companies Reaffirms "Hold" Rating for Ameris Bancorp (NASDAQ:ABCB)
www.americanbankingnews.com - July 21 at 9:14 PM
seekingalpha.com logoAmeris Bancorp's (ABCB) CEO Edwin Hortman on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - July 21 at 4:29 PM
finance.yahoo.com logoAmeris Bancorp Announces Financial Results For Second Quarter 2017
finance.yahoo.com - July 21 at 4:29 PM
finance.yahoo.com logoInvestor Network: Ameris Bancorp to Host Earnings Call
finance.yahoo.com - July 21 at 4:29 PM
finance.yahoo.com logoAmeris Bancorp posts 2Q profit
finance.yahoo.com - July 21 at 4:29 PM
americanbankingnews.com logoAmeris Bancorp's (ABCB) Buy Rating Reaffirmed at Stephens
www.americanbankingnews.com - July 21 at 11:23 AM
americanbankingnews.com logoAmeris Bancorp (NASDAQ:ABCB) to Release Earnings on Friday
www.americanbankingnews.com - July 14 at 8:06 AM
finance.yahoo.com logoETFs with exposure to Ameris Bancorp : July 11, 2017
finance.yahoo.com - July 11 at 4:20 PM
nasdaq.com logoInsiders Buy the Holdings of VFH ETF
www.nasdaq.com - July 6 at 4:40 PM
nasdaq.com logoInsiders Seeing Green With ABCB At New 52-Week High
www.nasdaq.com - June 12 at 3:19 PM
bizjournals.com logoAmeris Bancorp Announces 20% Increase In Operating Results For First Quarter 2017
www.bizjournals.com - April 21 at 3:08 PM
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
seekingalpha.com logoAmeris Bancorp goes ex-dividend tomorrow
seekingalpha.com - March 28 at 8:17 PM

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Chart

Ameris Bancorp (ABCB) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 by MarketBeat.com Staff

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