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

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$34.82 -1.46 (-4.02 %)
(As of 12/14/2018 02:14 AM ET)
Previous Close$36.28
Today's Range$34.61 - $36.41
52-Week Range$34.61 - $59.05
Volume378,687 shs
Average Volume290,550 shs
Market Capitalization$1.71 billion
P/E Ratio14.04
Dividend Yield1.11%
Beta1.12
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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:ABCB
Previous Symbol
CUSIP03076K10
Phone229-890-1111

Debt

Debt-to-Equity Ratio0.53
Current Ratio1.01
Quick Ratio0.99

Price-To-Earnings

Trailing P/E Ratio14.04
Forward P/E Ratio10.58
P/E GrowthN/A

Sales & Book Value

Annual Sales$398.80 million
Price / Sales4.15
Cash Flow$2.5697 per share
Price / Cash Flow13.55
Book Value$21.61 per share
Price / Book1.61

Profitability

EPS (Most Recent Fiscal Year)$2.48
Net Income$73.54 million
Net Margins17.99%
Return on Equity11.14%
Return on Assets1.29%

Miscellaneous

Employees1,460
Outstanding Shares47,500,000
Market Cap$1.71 billion
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 announced a quarterly dividend on Friday, September 21st. Stockholders of record on Friday, September 28th will be given a dividend of $0.10 per share on Wednesday, October 10th. This represents a $0.40 annualized dividend and a dividend yield of 1.15%. The ex-dividend date is Thursday, September 27th. View Ameris Bancorp's Dividend History.

How were Ameris Bancorp's earnings last quarter?

Ameris Bancorp (NASDAQ:ABCB) released its quarterly earnings results on Friday, October, 19th. The bank reported $0.91 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.90 by $0.01. The bank had revenue of $129.21 million for the quarter, compared to analysts' expectations of $135.44 million. Ameris Bancorp had a net margin of 17.99% and a return on equity of 11.14%. 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, January 25th 2019. View Earnings Estimates for Ameris Bancorp.

What price target have analysts set for ABCB?

5 Wall Street analysts have issued 1-year price targets for Ameris Bancorp's shares. Their forecasts range from $50.00 to $61.00. On average, they expect Ameris Bancorp's share price to reach $56.60 in the next twelve months. This suggests a possible upside of 62.6% from the stock's current price. View Analyst Price Targets for Ameris Bancorp.

What is the consensus analysts' recommendation for Ameris Bancorp?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ameris Bancorp in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ameris Bancorp.

Has Ameris Bancorp been receiving favorable news coverage?

Media coverage about ABCB stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ameris Bancorp earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave news stories about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future.

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:
  • Mr. Dennis J. Zember Jr., Pres, CEO, COO & Director (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)
  • Ms. Nicole S. Stokes, Exec. VP & CFO (Age 44)

Who are Ameris Bancorp's major shareholders?

Ameris Bancorp's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.40%), Vanguard Group Inc. (9.00%), Vanguard Group Inc (9.00%), The Manufacturers Life Insurance Company (3.35%), Dimensional Fund Advisors LP (3.31%) and NWQ Investment Management Company LLC (2.95%). 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 institutional investors are selling Ameris Bancorp stock?

ABCB stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Allianz Asset Management GmbH, Dimensional Fund Advisors LP, Morgan Stanley, Bank of New York Mellon Corp, Jennison Associates LLC and Oak Ridge Investments LLC. Company insiders that have sold Ameris Bancorp company stock in the last year include Dennis J Zember Jr, Edwin W Hortman Jr, Lawton E Bassett III and Robert Dale Ezzell. View Insider Buying and Selling for Ameris Bancorp.

Which institutional investors are buying Ameris Bancorp stock?

ABCB stock was purchased by a variety of institutional investors in the last quarter, including NWQ Investment Management Company LLC, Vanguard Group Inc, Vanguard Group Inc., Marshall Wace LLP, BlackRock Inc., The Manufacturers Life Insurance Company , Maltese Capital Management LLC and Marshall Wace North America L.P.. 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 $34.82.

How big of a company is Ameris Bancorp?

Ameris Bancorp has a market capitalization of $1.71 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.

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:  267 (Vote Outperform)
Underperform Votes:  258 (Vote Underperform)
Total Votes:  525
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 12/14/2018 by MarketBeat.com Staff

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