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
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:ABCB
CUSIP03076K10
Phone229-890-1111
Debt
Debt-to-Equity Ratio0.74
Current Ratio1.02
Quick Ratio1.00
Price-To-Earnings
Trailing P/E Ratio22.74
Forward P/E Ratio16.29
P/E GrowthN/A
Sales & Book Value
Annual Sales$398.80 million
Price / Sales5.45
Cash Flow$2.6745 per share
Price / Cash21.20
Book Value$21.61 per share
Price / Book2.62
Profitability
EPS (Most Recent Fiscal Year)$2.48
Net Income$73.54 million
Net Margins19.19%
Return on Equity12.09%
Return on Assets1.27%
Miscellaneous
Employees1,460
Outstanding Shares38,330,000
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. Shareholders of record on Friday, June 29th will be paid 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 0.71%. 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) released its earnings results on Friday, April, 20th. The bank reported $0.73 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.78 by $0.05. The bank earned $95.27 million during the quarter, compared to analyst estimates of $100.49 million. Ameris Bancorp had a net margin of 19.19% and a return on equity of 12.09%. View Ameris Bancorp's Earnings History.
When is Ameris Bancorp's next earnings date?
What price target have analysts set for ABCB?
5 analysts have issued twelve-month price objectives for Ameris Bancorp's shares. Their predictions range from $50.00 to $60.00. On average, they anticipate Ameris Bancorp's share price to reach $54.20 in the next year. 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), Bank Of The Ozarks (OZRK), Wintrust Financial (WTFC), First Citizens BancShares Inc. Class A (FCNCA), Prosperity Bancshares (PB), Texas Capital Bancshares (TCBI), Associated Banc (ASB), Popular (BPOP), Iberiabank (IBKC), Hancock (HBHC), Chemical Financial (CHFC), First Hawaiian Bank (FHB) and Investors Bank (ISBC).
Who are Ameris Bancorp's key executives?
Ameris Bancorp's management team includes the folowing people:
- Mr. Edwin W. Hortman Jr., Exec. Chairman, Pres & CEO (Age 64)
- Mr. Dennis J. Zember Jr., Exec. VP & COO (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?
Media headlines about ABCB stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ameris Bancorp earned a coverage optimism score of 0.06 on Accern's scale. They also gave news stories about the bank an impact score of 47.61 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.
Who are Ameris Bancorp's major shareholders?
Ameris Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.72%), Dimensional Fund Advisors LP (4.21%), Polaris Capital Management LLC (3.54%), The Manufacturers Life Insurance Company (3.11%), Russell Investments Group Ltd. (2.32%) and GW&K Investment Management LLC (2.25%). 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 Maltese Capital Management LLC, Segall Bryant & Hamill LLC, Oak Ridge Investments LLC, Next Century Growth Investors LLC, Royal Bank of Canada, Mesirow Financial Investment Management Equity Management, Jacobs Asset Management LLC and Comerica Bank. 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 acquired by a variety of institutional investors in the last quarter, including Polaris Capital Management LLC, Millennium Management LLC, Russell Investments Group Ltd., BlackRock Inc., New York State Common Retirement Fund, Redwood Investments LLC, RMB Capital Management LLC and American Century Companies Inc.. 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 $56.70.
How big of a company is Ameris Bancorp?
Ameris Bancorp has a market capitalization of $2.16 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 (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.
