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S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
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The $193 Billion US-China War You Don't Know About (Ad)
Stock market today: Global shares mostly rise after House approves debt ceiling deal
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The $193 Billion US-China War You Don't Know About (Ad)
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Can These Two Crypto Stocks Stage a Comeback?
Advance Auto Parts Backfires: Is This A Warning For The S&P 500?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
A.I. ETF Sold Out Of Monster Energy, Three Ways To Look At It
The $193 Billion US-China War You Don't Know About (Ad)
Stock market today: Global shares mostly rise after House approves debt ceiling deal
Alibaba Unveils Its Spin-Off Plans
The $193 Billion US-China War You Don't Know About (Ad)
The Most Upgraded Stocks From The Q1 Earnings Season
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Can These Two Crypto Stocks Stage a Comeback?
Advance Auto Parts Backfires: Is This A Warning For The S&P 500?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
A.I. ETF Sold Out Of Monster Energy, Three Ways To Look At It
The $193 Billion US-China War You Don't Know About (Ad)
Stock market today: Global shares mostly rise after House approves debt ceiling deal
Alibaba Unveils Its Spin-Off Plans
The $193 Billion US-China War You Don't Know About (Ad)
The Most Upgraded Stocks From The Q1 Earnings Season
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Can These Two Crypto Stocks Stage a Comeback?
Advance Auto Parts Backfires: Is This A Warning For The S&P 500?
NASDAQ:ABCB

Ameris Bancorp (ABCB) Stock Forecast, Price & News

$31.56
-0.85 (-2.62%)
(As of 05/31/2023 ET)
Compare
Today's Range
$30.85
$32.22
50-Day Range
$29.02
$36.95
52-Week Range
$28.33
$54.24
Volume
573,290 shs
Average Volume
455,512 shs
Market Capitalization
$2.19 billion
P/E Ratio
6.73
Dividend Yield
1.90%
Price Target
$45.40

Ameris Bancorp MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
43.9% Upside
$45.40 Price Target
Short Interest
Bearish
3.24% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.83mentions of Ameris Bancorp in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
$1.26 M Bought Last Quarter
Proj. Earnings Growth
3.64%
From $4.40 to $4.56 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.87 out of 5 stars

Finance Sector

251st out of 901 stocks

State Commercial Banks Industry

84th out of 192 stocks


ABCB stock logo

About Ameris Bancorp (NASDAQ:ABCB) Stock

Ameris Bancorp is a bank holding company, which through the subsidiary, Ameris Bank, engages in the provision of banking services to its retail and commercial customers. It operates through the following business segments: Banking, Retail Mortgage, Warehouse Lending, the SBA and Premium Finance. The Banking segment offers full service financial services to include commercial loans, consumer loans and deposit accounts. The Retail Mortgage segment includes origination, sales, and servicing of one-to-four family residential mortgage loans. The Warehouse Lending segment includes the origination and servicing of warehouse lines to other businesses that are secured by underlying one-to-four family residential mortgage loans. The SBA segment consists of origination, sales, and servicing of small business administration loans. The Premium Finance segment includes the origination and servicing of commercial insurance premium finance loans. The company was founded on October, 1971 and is headquartered in Moultrie, GA.

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ABCB Stock News Headlines

Ameris Bancorp (NASDAQ:ABCB) Short Interest Up 28.5% in May
Graphite Shortage Could Derail the $7 Trillion EV Transition
Graphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.
Graphite Shortage Could Derail the $7 Trillion EV Transition
Graphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.
Wednesday 5/3 Insider Buying Report: ABCB
Short Interest in Ameris Bancorp (NASDAQ:ABCB) Rises By 12.9%
Q1 2023 Ameris Bancorp Earnings Call
See More Headlines
Receive ABCB Stock News and Ratings via Email

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ABCB Company Calendar

Ex-Dividend for 4/10 Dividend
3/30/2023
Dividend Payable
4/10/2023
Last Earnings
4/28/2023
Today
6/01/2023
Next Earnings (Estimated)
7/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:ABCB
CUSIP
03076K10
Employees
2,847
Year Founded
1971

Price Target and Rating

Average Stock Price Forecast
$45.40
High Stock Price Forecast
$54.00
Low Stock Price Forecast
$38.00
Forecasted Upside/Downside
+43.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$346.54 million
Pretax Margin
33.52%

Debt

Sales & Book Value

Annual Sales
$1.18 billion
Cash Flow
$5.37 per share
Book Value
$46.89 per share

Miscellaneous

Free Float
65,558,000
Market Cap
$2.19 billion
Optionable
Optionable
Beta
1.09

Social Links


Key Executives

  • H. Palmer ProctorH. Palmer Proctor
    Vice Chairman & Chief Executive Officer
  • Nicole S. StokesNicole S. Stokes
    Chief Financial Officer & Executive Vice President
  • Jon S. EdwardsJon S. Edwards
    Chief Credit Officer & Executive Vice President
  • James A. Lahaise
    Chief Strategy Officer & Executive Vice President
  • Lawton E. Bassett
    Chief Banking Officer & Executive Vice President













ABCB Stock - Frequently Asked Questions

Should I buy or sell Ameris Bancorp stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ameris Bancorp in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ABCB shares.
View ABCB analyst ratings
or view top-rated stocks.

What is Ameris Bancorp's stock price forecast for 2023?

6 Wall Street research analysts have issued twelve-month price objectives for Ameris Bancorp's shares. Their ABCB share price forecasts range from $38.00 to $54.00. On average, they anticipate the company's stock price to reach $45.40 in the next year. This suggests a possible upside of 43.9% from the stock's current price.
View analysts price targets for ABCB
or view top-rated stocks among Wall Street analysts.

How have ABCB shares performed in 2023?

Ameris Bancorp's stock was trading at $47.14 at the start of the year. Since then, ABCB shares have decreased by 33.1% and is now trading at $31.56.
View the best growth stocks for 2023 here
.

Are investors shorting Ameris Bancorp?

Ameris Bancorp saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,120,000 shares, an increase of 28.5% from the April 30th total of 1,650,000 shares. Based on an average trading volume of 528,800 shares, the days-to-cover ratio is presently 4.0 days. Currently, 3.2% of the shares of the stock are short sold.
View Ameris Bancorp's Short Interest
.

When is Ameris Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023.
View our ABCB earnings forecast
.

How were Ameris Bancorp's earnings last quarter?

Ameris Bancorp (NASDAQ:ABCB) released its quarterly earnings data on Friday, April, 28th. The bank reported $0.86 EPS for the quarter, missing analysts' consensus estimates of $1.20 by $0.34. The bank had revenue of $267.70 million for the quarter, compared to analyst estimates of $264.36 million. Ameris Bancorp had a trailing twelve-month return on equity of 9.94% and a net margin of 25.82%. The firm's revenue for the quarter was up 3.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.08 earnings per share.

How often does Ameris Bancorp pay dividends? What is the dividend yield for Ameris Bancorp?

Ameris Bancorp announced a quarterly dividend on Friday, March 17th. Shareholders of record on Friday, March 31st will be paid a dividend of $0.15 per share on Monday, April 10th. This represents a $0.60 annualized dividend and a dividend yield of 1.90%. The ex-dividend date is Thursday, March 30th.
Read our dividend analysis for ABCB
.

Is Ameris Bancorp a good dividend stock?

Ameris Bancorp (NASDAQ:ABCB) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.85%. The dividend payout ratio is 12.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ABCB will have a dividend payout ratio of 13.16% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ABCB.

What is H. Palmer Proctor, Jr.'s approval rating as Ameris Bancorp's CEO?

10 employees have rated Ameris Bancorp Chief Executive Officer H. Palmer Proctor, Jr. on Glassdoor.com. H. Palmer Proctor, Jr. has an approval rating of 66% among the company's employees.

What other stocks do shareholders of Ameris Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ameris Bancorp investors own include Energy Transfer (ET), Bank of America (BAC), Phillips 66 (PSX), Ford Motor (F), General Electric (GE), Advanced Micro Devices (AMD), CVS Health (CVS), Enterprise Products Partners (EPD), AT&T (T) and Walgreens Boots Alliance (WBA).

What is Ameris Bancorp's stock symbol?

Ameris Bancorp trades on the NASDAQ under the ticker symbol "ABCB."

Who are Ameris Bancorp's major shareholders?

Ameris Bancorp's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (14.78%), Wellington Management Group LLP (7.01%), Dimensional Fund Advisors LP (5.67%), State Street Corp (4.49%), American Century Companies Inc. (3.29%) and Principal Financial Group Inc. (2.83%). Insiders that own company stock include Elizabeth A Mccague, H Palmer Proctor Jr, James A Lahaise, Jimmy D Veal, Jon S Edwards, Nicole S Stokes, William D Mckendry, William I Jr Bowen and William Millard Choate.
View institutional ownership trends
.

How do I buy shares of Ameris Bancorp?

Shares of ABCB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Ameris Bancorp's stock price today?

One share of ABCB stock can currently be purchased for approximately $31.56.

How much money does Ameris Bancorp make?

Ameris Bancorp (NASDAQ:ABCB) has a market capitalization of $2.19 billion and generates $1.18 billion in revenue each year. The bank earns $346.54 million in net income (profit) each year or $4.69 on an earnings per share basis.

How many employees does Ameris Bancorp have?

The company employs 2,847 workers across the globe.

Does Ameris Bancorp have any subsidiaries?
The following companies are subsidiares of Ameris Bancorp: Atlantic Coast Financial.
Read More
How can I contact Ameris Bancorp?

Ameris Bancorp's mailing address is 3490 PIEDMONT RD SUITE 1550, ATLANTA GA, 30305. The official website for the company is www.amerisbank.com. The bank can be reached via phone at (229) 890-1111, via email at investor.relations@slgreen.com, or via fax at 229-890-2235.

This page (NASDAQ:ABCB) was last updated on 6/1/2023 by MarketBeat.com Staff

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