NASDAQ:ABCB - Ameris Bancorp Stock Price, News, & Analysis

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$36.44 +0.49 (+1.36 %)
(As of 05/21/2019 03:14 PM ET)
Previous Close$35.95
Today's Range$35.96 - $36.59
52-Week Range$29.97 - $58.10
Volume73,838 shs
Average Volume347,938 shs
Market Capitalization$1.73 billion
P/E Ratio10.78
Dividend Yield1.11%
Beta1.5
Ameris Bancorp operates as the bank 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, SBA Division, and Premium Finance Division. It offers commercial and retail checking, regular interest-bearing savings, money market, individual retirement, and certificates of deposit accounts. 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 125 domestic banking offices and 16 loan production offices. Ameris Bancorp was founded in 1971 and is headquartered in Moultrie, Georgia.

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Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:ABCB
CUSIP03076K10
Phone229-890-1111

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$531.74 million
Cash Flow$3.3493 per share
Book Value$31.43 per share

Profitability

Net Income$121.03 million

Miscellaneous

Employees1,804
Market Cap$1.73 billion
Next Earnings Date7/26/2019 (Estimated)
OptionableOptionable

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 declared a quarterly dividend on Thursday, March 21st. Investors of record on Friday, March 29th will be paid a dividend of $0.10 per share on Wednesday, April 10th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date is Thursday, March 28th. View Ameris Bancorp's Dividend History.

How were Ameris Bancorp's earnings last quarter?

Ameris Bancorp (NASDAQ:ABCB) released its quarterly earnings results on Tuesday, April, 23rd. The bank reported $0.90 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.92 by $0.02. The bank had revenue of $130.20 million for the quarter, compared to analysts' expectations of $130.90 million. Ameris Bancorp had a return on equity of 11.24% and a net margin of 23.09%. The business's quarterly revenue was up 36.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.73 earnings per share. View Ameris Bancorp's Earnings History.

When is Ameris Bancorp's next earnings date?

Ameris Bancorp is scheduled to release their next quarterly earnings announcement on Friday, July 26th 2019. View Earnings Estimates for Ameris Bancorp.

What price target have analysts set for ABCB?

6 brokers have issued twelve-month target prices for Ameris Bancorp's shares. Their forecasts range from $48.00 to $61.00. On average, they expect Ameris Bancorp's stock price to reach $53.80 in the next year. This suggests a possible upside of 47.6% from the stock's current price. View Analyst Price Targets for Ameris Bancorp.

What is the consensus analysts' recommendation for Ameris Bancorp?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ameris Bancorp in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ameris Bancorp.

Has Ameris Bancorp been receiving favorable news coverage?

Media headlines about ABCB stock have trended somewhat positive on Tuesday, InfoTrie reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ameris Bancorp earned a news sentiment score of 1.3 on InfoTrie's scale. They also assigned news articles about the bank a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next several days.

Who are some of Ameris Bancorp's key competitors?

What other stocks do shareholders of Ameris Bancorp own?

Who are Ameris Bancorp's key executives?

Ameris Bancorp's management team includes the folowing people:
  • Mr. Dennis J. Zember Jr., Pres, CEO & Director (Age 49)
  • Ms. Nicole S. Stokes, Exec. VP & CFO (Age 45)
  • Mr. James Allan LaHaise III, Exec. VP & Chief Strategy Officer (Age 58)
  • Mr. Lawton E. Bassett III, Exec. VP & Banking Group Pres (Age 50)
  • Ms. Cindi H. Lewis, Exec. VP, Chief Admin. Officer & Corp. Sec. (Age 65)

Who are Ameris Bancorp's major shareholders?

Ameris Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.74%), Dimensional Fund Advisors LP (4.28%), The Manufacturers Life Insurance Company (2.88%), Wellington Management Group LLP (2.66%), Mendon Capital Advisors Corp (2.14%) and Jennison Associates LLC (1.99%). 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, Lawton E Bassett III, Leo J Hill, Robert Dale Ezzell and William I Jr Bowen. View Institutional Ownership Trends for Ameris Bancorp.

Which institutional investors are selling Ameris Bancorp stock?

ABCB stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., The Manufacturers Life Insurance Company , Monarch Partners Asset Management LLC, Kennedy Capital Management Inc., Castine Capital Management LLC, Morgan Stanley, Marshall Wace North America L.P. and Mendon Capital Advisors Corp. View Insider Buying and Selling for Ameris Bancorp.

Which institutional investors are buying Ameris Bancorp stock?

ABCB stock was acquired by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Dimensional Fund Advisors LP, JPMorgan Chase & Co., Loomis Sayles & Co. L P, Algebris UK Ltd, Oak Ridge Investments LLC, State of Wisconsin Investment Board and Foundry Partners 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 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 $36.44.

How big of a company is Ameris Bancorp?

Ameris Bancorp has a market capitalization of $1.73 billion and generates $531.74 million in revenue each year. The bank earns $121.03 million in net income (profit) each year or $3.38 on an earnings per share basis. Ameris Bancorp employs 1,804 workers across the globe.

What is Ameris Bancorp's official website?

The official website for Ameris Bancorp is http://www.amerisbank.com.

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)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  298 (Vote Outperform)
Underperform Votes:  287 (Vote Underperform)
Total Votes:  585
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.
This page was last updated on 5/21/2019 by MarketBeat.com Staff

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