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Ameris Bancorp (ABCB) Financials

Ameris Bancorp logo
$72.50 -0.58 (-0.80%)
As of 12:00 PM Eastern
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Annual Income Statements for Ameris Bancorp

Annual Income Statements for Ameris Bancorp

This table shows Ameris Bancorp's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 41 72 74 121 161 262 377 347 269 359
Consolidated Net Income / (Loss)		 41 72 74 121 161 262 377 347 269 359
Net Income / (Loss) Continuing Operations		 41 72 74 121 161 261 377 347 269 359
Total Pre-Tax Income 		57 105 124 151 212 340 496 453 357 476
Total Revenue		 261 325 365 462 703 1,077 1,021 1,085 1,078 1,142
Net Interest Income / (Expense)		 176 219 260 343 505 638 655 801 835 849
Total Interest Income		 190 239 294 413 636 727 703 894 1,280 1,378
Loans and Leases Interest Income		 172 219 271 378 587 691 676 835 1,172 1,266
Investment Securities Interest Income		 18 20 22 30 41 34 23 36 60 63
Deposits and Money Market Investments Interest Income		 0.79 0.83 1.73 4.98 8.14 1.74 3.88 23 48 50
Federal Funds Sold and Securities Borrowed Interest Income		 0.03 0.03 0.00 0.23 0.68 0.15 0.04 0.08 0.00 0.00
Total Interest Expense		 15 20 34 70 131 89 48 93 445 529
Deposits Interest Expense		 9.75 12 20 49 103 59 22 56 356 485
Long-Term Debt Interest Expense		 5.10 7.28 14 21 29 30 25 37 89 44
Total Non-Interest Income		 86 106 104 118 198 447 366 284 243 293
Service Charges on Deposit Accounts		 - 43 42 46 51 44 45 44 47 51
Other Service Charges		 81 11 9.24 16 22 21 27 240 197 230
Net Realized & Unrealized Capital Gains on Investments		 4.66 4.07 4.63 2.69 6.20 0.01 7.14 0.20 -0.30 12
Provision for Credit Losses		 5.26 4.09 8.36 17 20 126 -35 72 143 59
Total Non-Interest Expense		 199 216 232 294 472 599 560 561 578 608
Salaries and Employee Benefits		 94 107 120 149 224 360 338 320 320 348
Net Occupancy & Equipment Expense		 41 49 52 60 79 98 94 101 105 108
Marketing Expense		 3.31 4.18 5.13 5.57 7.93 8.05 8.43 12 12 13
Other Operating Expenses		 31 39 47 45 66 125 101 107 123 122
Amortization Expense		 3.74 4.38 3.93 9.51 18 20 15 20 18 17
Restructuring Charge		 7.98 6.38 0.92 20 73 - 4.21 1.21 0.00 0.00
Income Tax Expense		 16 33 51 30 50 78 119 107 88 117
Basic Earnings per Share		 $1.29 $2.10 $2.00 $2.81 $2.76 $3.78 $5.43 $5.01 $3.90 $5.21
Weighted Average Basic Shares Outstanding		 31.76M 34.35M 36.83M 43.14M 58.46M 69.26M 69.43M 69.19M 68.98M 68.81M
Diluted Earnings per Share		 $1.27 $2.08 $1.98 $2.80 $2.75 $3.77 $5.40 $4.99 $3.89 $5.19
Weighted Average Diluted Shares Outstanding		 32.13M 34.70M 37.14M 43.25M 58.61M 69.43M 69.76M 69.42M 69.10M 69.06M
Weighted Average Basic & Diluted Shares Outstanding		 31.70M 35.12M 36.80M 43.10M 69.34M 69.62M 69.68M 69.39M 69.03M 69.07M
Cash Dividends to Common per Share		 $0.20 $0.30 $0.40 $0.40 $0.50 $0.60 $0.60 $0.60 $0.60 $0.65

Quarterly Income Statements for Ameris Bancorp

This table shows Ameris Bancorp's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 93 82 60 63 80 66 74 91 99 94
Consolidated Net Income / (Loss)		 93 82 60 63 80 66 74 91 99 94
Net Income / (Loss) Continuing Operations		 93 82 60 63 80 66 74 91 99 94
Total Pre-Tax Income 		121 105 79 83 105 90 97 127 126 126
Total Revenue		 278 272 268 277 271 262 267 301 284 291
Net Interest Income / (Expense)		 213 224 212 210 208 206 201 212 214 222
Total Interest Income		 234 274 296 322 331 332 329 347 355 346
Loans and Leases Interest Income		 216 250 272 292 305 303 303 318 326 319
Investment Securities Interest Income		 11 13 15 16 15 14 13 17 16 16
Federal Funds Sold and Securities Borrowed Interest Income		 7.22 -13 9.11 14 11 -34 13 12 14 -39
Total Interest Expense		 21 50 84 112 123 126 128 135 141 125
Deposits Interest Expense		 14 33 53 88 103 112 118 121 130 116
Long-Term Debt Interest Expense		 7.29 16 31 24 20 14 9.89 14 11 8.99
Total Non-Interest Income		 65 48 56 67 63 56 66 89 70 69
Service Charges on Deposit Accounts		 11 11 11 11 12 12 12 13 13 14
Other Service Charges		 14 199 14 15 15 153 15 17 19 179
Net Realized & Unrealized Capital Gains on Investments		 -0.02 0.00 0.01 -0.01 -0.02 -0.29 -0.01 12 -0.01 -0.02
Provision for Credit Losses		 18 33 50 46 24 23 21 19 6.11 13
Total Non-Interest Expense		 140 135 139 148 141 149 149 155 152 152
Salaries and Employee Benefits		 79 75 81 81 82 76 83 88 89 88
Net Occupancy & Equipment Expense		 25 25 26 26 26 27 28 28 27 26
Marketing Expense		 3.55 3.37 3.53 2.63 2.72 2.76 2.55 3.57 4.09 2.41
Other Operating Expenses		 28 26 24 34 27 39 31 31 28 31
Amortization Expense		 4.71 4.71 4.71 4.69 4.43 4.43 4.42 4.41 4.18 4.18
Income Tax Expense		 29 22 18 20 25 24 23 36 27 32
Basic Earnings per Share		 $1.34 $1.19 $0.87 $0.91 $1.16 $0.96 $1.08 $1.32 $1.44 $1.37
Weighted Average Basic Shares Outstanding		 69.13M 69.19M 69.17M 68.99M 68.88M 68.98M 68.81M 68.82M 68.80M 68.81M
Diluted Earnings per Share		 $1.34 $1.18 $0.87 $0.91 $1.16 $0.95 $1.08 $1.32 $1.44 $1.35
Weighted Average Diluted Shares Outstanding		 69.33M 69.42M 69.32M 69.03M 68.99M 69.10M 69.01M 69.01M 69.07M 69.06M
Weighted Average Basic & Diluted Shares Outstanding		 69.35M 69.39M 69.37M 69.14M 69.05M 69.03M 69.11M 69.07M 69.07M 69.07M
Cash Dividends to Common per Share		 $0.15 $0.15 $0.15 $0.15 $0.15 $0.15 $0.15 $0.15 $0.15 $0.20

Annual Cash Flow Statements for Ameris Bancorp

This table details how cash moves in and out of Ameris Bancorp's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents		 220 -192 132 349 -58 1,495 1,947 -2,947 49 53
Net Cash From Operating Activities		 -25 -70 -63 -109 -940 798 9.14 1,062 569 154
Net Cash From Continuing Operating Activities		 -25 -70 -63 -109 -940 798 9.14 1,062 569 154
Net Income / (Loss) Continuing Operations		 41 72 74 121 161 262 377 347 269 359
Consolidated Net Income / (Loss)		 41 72 74 121 161 262 377 347 269 359
Provision For Loan Losses		 5.26 4.09 8.36 17 20 145 -35 72 143 59
Depreciation Expense		 8.06 9.52 9.20 10 13 16 17 41 35 37
Amortization Expense		 18 30 18 21 38 48 36 13 11 9.93
Non-Cash Adjustments to Reconcile Net Income		 -101 -177 -169 -273 -1,160 369 -410 599 92 -328
Changes in Operating Assets and Liabilities, net		 4.46 -8.89 -2.44 -4.52 -13 -42 25 -8.73 20 18
Net Cash From Investing Activities		 -168 -803 -667 -53 -487 -1,201 -421 -4,875 -338 -847
Net Cash From Continuing Investing Activities		 -168 -803 -667 -53 -487 -1,201 -421 -4,875 -338 -847
Purchase of Property, Leasehold Improvements and Equipment		 -13 -11 -3.76 -10 -12 -18 -25 -14 -18 -13
Purchase of Investment Securities		 -876 -353 -113 -257 -323 0.00 -376 -5,175 -486 -1,440
Sale of Property, Leasehold Improvements and Equipment		 0.24 0.30 0.02 0.59 5.59 0.72 1.96 0.05 3.93 0.25
Sale and/or Maturity of Investments		 235 376 257 234 471 573 545 314 162 607
Net Cash From Financing Activities		 413 680 862 511 1,370 1,898 2,359 866 -182 746
Net Cash From Continuing Financing Activities		 413 680 862 511 1,370 1,898 2,359 866 -182 746
Net Change in Deposits		 354 295 1,051 853 334 2,933 2,708 -203 1,246 1,014
Issuance of Debt		 0.00 636 1,838 1,530 5,237 7,203 0.00 3,950 15,842 6,308
Repayment of Debt		 -40 -231 -2,080 -1,844 -4,141 -8,182 -296 -2,815 -17,208 -6,527
Repurchase of Common Equity		 -0.73 -1.23 -0.89 -2.06 -18 -8.00 -9.44 -22 -20 -7.95
Payment of Dividends		 -6.44 -8.58 -15 -16 -25 -42 -42 -42 -42 -41
Other Financing Activities, Net		 -8.53 -9.12 -20 -9.34 -17 -6.73 -1.26 -3.05 0.48 0.00
Cash Interest Paid		 15 19 32 68 125 95 49 87 418 540
Cash Income Taxes Paid		 5.83 41 39 20 36 99 72 134 101 103

Quarterly Cash Flow Statements for Ameris Bancorp

This table details how cash moves in and out of Ameris Bancorp's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Net Change in Cash & Equivalents		 -976 -213 903 -702 227 -378 44 151 -3.04 -139
Net Cash From Operating Activities		 349 -0.32 132 92 132 213 19 -97 102 131
Net Cash From Continuing Operating Activities		 355 -0.32 132 92 132 213 19 -97 102 131
Net Income / (Loss) Continuing Operations		 93 82 60 63 80 66 74 91 99 94
Consolidated Net Income / (Loss)		 93 82 60 63 80 66 74 91 99 94
Provision For Loan Losses		 38 33 50 46 24 23 21 19 6.11 13
Depreciation Expense		 4.62 27 4.65 4.76 4.85 20 4.84 4.80 4.70 22
Amortization Expense		 14 -14 9.09 8.43 6.76 -13 7.99 7.58 7.55 -13
Non-Cash Adjustments to Reconcile Net Income		 205 -120 7.81 -29 16 97 -90 -219 -15 -3.87
Net Cash From Investing Activities		 -1,395 -1,349 -169 -458 285 4.12 -370 -500 70 -46
Net Cash From Continuing Investing Activities		 -1,395 -1,349 -169 -458 285 4.12 -370 -500 70 -46
Purchase of Property, Leasehold Improvements and Equipment		 -3.12 -2.26 -3.26 -4.62 -3.80 -5.85 -3.44 -3.28 -2.41 -4.36
Purchase of Investment Securities		 -313 -4,165 -36 28 -1.08 -477 -71 -190 -295 -884
Sale and/or Maturity of Investments		 153 54 23 19 37 83 50 102 428 26
Net Cash From Financing Activities		 70 1,136 941 -336 -191 -595 395 748 -175 -223
Net Cash From Continuing Financing Activities		 70 1,136 941 -336 -191 -595 395 748 -175 -223
Net Change in Deposits		 -218 -4.18 435 546 147 118 289 447 435 -157
Issuance of Debt		 350 3,600 6,655 3,970 3,212 2,005 983 2,370 1,090 1,865
Repayment of Debt		 -50 -2,450 -6,130 -4,833 -3,539 -2,705 -861 -2,055 -1,690 -1,921
Repurchase of Common Equity		 -0.14 - -9.06 -7.99 -0.03 -3.27 -4.89 -2.96 - -0.10
Payment of Dividends		 -10 -10 -11 -10 -10 -10 -10 -10 -10 -10
Cash Interest Paid		 19 45 77 105 109 127 130 138 140 132
Cash Income Taxes Paid		 31 51 -0.00 62 26 13 0.40 56 42 4.94

Annual Balance Sheets for Ameris Bancorp

This table presents Ameris Bancorp's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets		 5,589 6,892 7,856 11,444 18,243 20,439 23,858 25,053 25,204 26,262
Cash and Due from Banks		 119 127 139 172 246 203 308 285 230 245
Interest Bearing Deposits at Other Banks		 267 71 191 472 351 1,894 3,737 834 937 975
Trading Account Securities		 783 823 811 1,192 1,403 983 672 1,635 1,544 1,836
Loans and Leases, Net of Allowance		 3,888 5,240 6,021 8,483 -38 14,282 15,707 19,650 19,962 20,402
Loans and Leases		 3,909 5,264 6,046 8,512 - 14,481 15,874 19,855 20,269 20,740
Allowance for Loan and Lease Losses		 21 24 26 29 38 199 168 206 307 338
Loans Held for Sale		 111 106 197 111 1,657 1,168 1,255 392 281 529
Premises and Equipment, Net		 122 121 118 145 233 223 225 220 216 209
Goodwill		 90 126 126 503 932 928 1,013 1,016 1,016 1,016
Intangible Assets		 17 17 13 59 92 72 126 106 88 71
Other Assets		 187 260 240 259 13,323 654 16,503 916 928 979
Total Liabilities & Shareholders' Equity		 5,589 6,892 7,856 11,444 18,243 20,439 23,858 25,053 25,204 26,262
Total Liabilities		 5,074 6,246 7,052 9,987 15,773 17,792 20,892 21,856 21,777 22,511
Non-Interest Bearing Deposits		 1,330 1,573 1,777 2,520 4,199 6,151 7,775 7,930 6,492 6,498
Interest Bearing Deposits		 3,549 4,002 4,849 7,129 9,828 10,807 11,891 11,533 14,217 15,224
Long-Term Debt		 109 577 336 89 1,526 550 866 2,004 640 424
Other Long-Term Liabilities		 22 40 59 77 199 273 354 389 429 364
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 515 646 804 1,456 2,470 2,647 2,966 3,197 3,427 3,752
Total Preferred & Common Equity		 515 646 804 1,456 2,470 2,647 2,966 3,197 3,427 3,752
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 515 646 804 1,456 2,470 2,647 2,966 3,197 3,427 3,752
Common Stock		 371 447 547 1,101 1,979 1,985 1,997 2,007 2,018 2,031
Retained Earnings		 153 214 273 377 508 672 1,006 1,311 1,540 1,853
Treasury Stock		 -12 -14 -14 -17 -35 -43 -52 -75 -95 -103
Accumulated Other Comprehensive Income / (Loss)		 3.35 -1.06 -1.28 -4.83 18 34 16 -47 -36 -30

Quarterly Balance Sheets for Ameris Bancorp

This table presents Ameris Bancorp's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024
Total Assets		 23,814 26,088 25,801 25,698 25,655 26,521 26,400
Cash and Due from Banks		 269 266 285 241 236 257 232
Interest Bearing Deposits at Other Banks		 - - - - 975 1,105 1,128
Trading Account Securities		 1,385 1,631 1,603 1,566 1,561 1,680 1,603
Loans and Leases, Net of Allowance		 18,622 19,755 20,200 19,911 20,280 20,656 20,631
Loans and Leases		 18,807 19,998 20,472 20,201 20,600 20,993 20,965
Allowance for Loan and Lease Losses		 185 243 272 290 320 336 334
Loans Held for Sale		 298 395 391 381 364 570 553
Premises and Equipment, Net		 223 219 219 218 215 213 211
Goodwill		 1,023 1,016 1,016 1,016 1,016 1,016 1,016
Intangible Assets		 111 101 97 92 84 79 75
Other Assets		 821 950 956 968 924 944 952
Total Liabilities & Shareholders' Equity		 23,814 26,088 25,801 25,698 25,655 26,521 26,400
Total Liabilities		 20,695 22,835 22,516 22,351 22,171 22,954 22,718
Non-Interest Bearing Deposits		 8,343 7,298 6,707 6,590 6,538 6,649 6,670
Interest Bearing Deposits		 11,124 12,600 13,736 14,001 14,459 14,795 15,209
Long-Term Debt		 853 2,530 1,666 1,339 762 1,078 478
Other Long-Term Liabilities		 374 408 407 421 411 432 361
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 3,119 3,253 3,285 3,347 3,485 3,567 3,681
Total Preferred & Common Equity		 3,119 3,253 3,285 3,347 3,485 3,567 3,681
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 3,119 3,253 3,285 3,347 3,485 3,567 3,681
Common Stock		 2,005 2,010 2,012 2,015 2,021 2,024 2,027
Retained Earnings		 1,239 1,363 1,415 1,484 1,604 1,684 1,773
Treasury Stock		 -75 -84 -92 -92 -100 -103 -103
Accumulated Other Comprehensive Income / (Loss)		 -51 -36 -51 -61 -40 -38 -16

Annual Metrics And Ratios for Ameris Bancorp

This table displays calculated financial ratios and metrics derived from Ameris Bancorp's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 22.75% 24.53% 12.12% 26.67% 52.29% 53.14% -5.21% 6.33% -0.70% 5.99%
EBITDA Growth		 1.43% 75.98% 4.58% 20.27% 44.12% 58.35% 31.86% -7.69% -20.50% 29.72%
EBIT Growth		 0.96% 85.48% 18.09% 21.89% 39.67% 66.40% 40.91% -8.67% -21.22% 33.32%
NOPAT Growth		 5.49% 76.51% 2.01% 64.56% 33.39% 61.83% 44.27% -8.06% -22.35% 33.29%
Net Income Growth		 5.49% 76.51% 2.01% 64.56% 33.39% 62.28% 43.87% -8.06% -22.35% 33.29%
EPS Growth		 -13.01% 63.78% -4.81% 41.41% -1.79% 37.09% 43.24% -7.59% -22.04% 33.42%
Operating Cash Flow Growth		 -350.73% -176.60% 10.33% -73.91% -764.14% 184.92% -98.86% 11,524.43% -46.45% -72.90%
Free Cash Flow Firm Growth		 -159.59% -723.17% 134.58% -337.92% -402.38% 150.04% -123.69% -301.17% 238.12% -82.21%
Invested Capital Growth		 17.77% 85.75% -8.25% 46.66% 133.83% -20.12% 19.65% 35.51% -21.82% 2.68%
Revenue Q/Q Growth		 0.00% 0.00% 3.27% 8.69% 12.92% 5.68% -1.90% 2.25% -0.93% 2.55%
EBITDA Q/Q Growth		 127.95% 309.27% 2.73% 13.77% 19.04% 14.87% -6.25% -0.34% -4.71% 7.73%
EBIT Q/Q Growth		 0.00% 0.00% 5.12% 14.63% 17.59% 18.76% -5.77% -0.65% -3.81% 8.10%
NOPAT Q/Q Growth		 0.00% 0.00% -10.93% 39.69% 12.32% 14.11% -2.99% 0.08% -5.71% 8.61%
Net Income Q/Q Growth		 0.00% 0.00% -10.93% 39.69% 12.32% 14.43% -3.17% 0.08% -5.71% 8.61%
EPS Q/Q Growth		 0.00% 0.00% -13.16% 37.25% -7.09% 17.81% -3.23% 0.20% -5.58% 8.35%
Operating Cash Flow Q/Q Growth		 -207.04% -0.41% 39.38% -80.09% -56.03% 2,918.05% -94.34% -20.08% 59.93% -34.82%
Free Cash Flow Firm Q/Q Growth		 1.42% -7.70% 136.89% -15.50% -32.91% 86.73% -150.18% -498.54% 427.64% -70.86%
Invested Capital Q/Q Growth		 3.75% 11.72% -31.50% -20.66% 2.55% -10.21% 11.05% 30.93% -13.23% 0.38%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 31.56% 44.60% 41.60% 39.50% 37.38% 38.65% 53.77% 46.68% 37.38% 45.74%
EBIT Margin		 21.73% 32.37% 34.09% 32.80% 30.09% 32.69% 48.60% 41.74% 33.11% 41.65%
Profit (Net Income) Margin		 15.64% 22.17% 20.17% 26.21% 22.96% 24.33% 36.92% 31.93% 24.97% 31.40%
Tax Burden Percent		 71.98% 68.51% 59.18% 79.89% 76.30% 77.17% 75.97% 76.48% 75.39% 75.38%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 96.43% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 28.02% 31.49% 40.82% 20.11% 23.70% 23.05% 24.03% 23.52% 24.61% 24.62%
Return on Invested Capital (ROIC)		 6.43% 7.34% 6.01% 8.38% 5.63% 7.23% 10.70% 7.67% 5.81% 8.70%
ROIC Less NNEP Spread (ROIC-NNEP)		 6.43% 7.34% 6.01% 8.38% 5.63% 7.30% 10.70% 7.67% 5.81% 8.70%
Return on Net Nonoperating Assets (RNNOA)		 2.85% 5.08% 4.13% 2.33% 2.59% 3.01% 2.73% 3.58% 2.32% 1.29%
Return on Equity (ROE)		 9.28% 12.42% 10.14% 10.71% 8.22% 10.24% 13.43% 11.24% 8.13% 9.99%
Cash Return on Invested Capital (CROIC)		 -9.89% -52.67% 14.61% -29.45% -74.55% 29.61% -7.19% -22.49% 30.30% 6.06%
Operating Return on Assets (OROA)		 1.18% 1.69% 1.69% 1.57% 1.43% 1.82% 2.24% 1.85% 1.42% 1.85%
Return on Assets (ROA)		 0.85% 1.16% 1.00% 1.25% 1.09% 1.35% 1.70% 1.42% 1.07% 1.39%
Return on Common Equity (ROCE)		 9.28% 12.42% 10.14% 10.71% 8.22% 10.24% 13.43% 11.24% 8.13% 9.99%
Return on Equity Simple (ROE_SIMPLE)		 7.94% 11.15% 9.14% 8.31% 6.54% 9.90% 12.71% 10.84% 7.85% 9.56%
Net Operating Profit after Tax (NOPAT)		 41 72 74 121 161 261 377 347 269 359
NOPAT Margin		 15.64% 22.17% 20.17% 26.21% 22.96% 24.26% 36.92% 31.93% 24.97% 31.40%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% -0.07% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 52.99% 49.21% 48.51% 46.39% 44.22% 43.33% 43.13% 39.83% 40.51% 41.03%
Operating Expenses to Revenue		 76.25% 66.38% 63.62% 63.59% 67.11% 55.58% 54.87% 51.65% 53.65% 53.20%
Earnings before Interest and Taxes (EBIT)		 57 105 124 151 212 352 496 453 357 476
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 82 145 152 182 263 416 549 507 403 523
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 1.89 2.11 2.01 0.94 1.11 0.95 1.12 1.00 1.06 1.15
Price to Tangible Book Value (P/TBV)		 2.38 2.71 2.43 1.53 1.89 1.52 1.81 1.53 1.56 1.62
Price to Revenue (P/Rev)		 3.72 4.19 4.44 2.97 3.89 2.32 3.24 2.93 3.36 3.78
Price to Earnings (P/E)		 23.78 18.90 22.03 11.33 16.94 9.55 8.78 9.18 13.45 12.05
Dividend Yield		 0.66% 0.77% 0.92% 1.39% 1.27% 1.67% 1.26% 1.31% 1.14% 1.04%
Earnings Yield		 4.21% 5.29% 4.54% 8.83% 5.90% 10.47% 11.39% 10.89% 7.43% 8.30%
Enterprise Value to Invested Capital (EV/IC)		 1.10 1.41 1.41 0.55 0.91 0.29 0.03 0.78 0.76 0.84
Enterprise Value to Revenue (EV/Rev)		 2.88 5.52 4.54 2.04 5.20 0.88 0.12 3.75 2.87 3.09
Enterprise Value to EBITDA (EV/EBITDA)		 9.14 12.37 10.92 5.16 13.92 2.27 0.21 8.03 7.68 6.75
Enterprise Value to EBIT (EV/EBIT)		 13.27 17.05 13.33 6.22 17.30 2.69 0.24 8.98 8.66 7.41
Enterprise Value to NOPAT (EV/NOPAT)		 18.44 24.89 22.52 7.78 22.67 3.62 0.31 11.74 11.49 9.83
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 1.18 12.85 3.83 5.44 22.86
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 9.26 0.00 0.00 0.88 0.00 0.00 2.20 14.12
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.34 0.97 0.46 0.18 0.63 0.21 0.29 0.63 0.19 0.11
Long-Term Debt to Equity		 0.21 0.89 0.42 0.06 0.62 0.21 0.29 0.63 0.19 0.11
Financial Leverage		 0.44 0.69 0.69 0.28 0.46 0.41 0.26 0.47 0.40 0.15
Leverage Ratio		 10.93 10.75 10.16 8.54 7.56 7.56 7.89 7.94 7.59 7.17
Compound Leverage Factor		 10.93 10.75 10.16 8.54 7.56 7.29 7.89 7.94 7.59 7.17
Debt to Total Capital		 25.10% 49.36% 31.31% 15.21% 38.51% 17.49% 22.72% 38.53% 15.74% 10.16%
Short-Term Debt to Total Capital		 9.25% 4.19% 2.62% 10.02% 0.51% 0.36% 0.15% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 15.84% 45.17% 28.70% 5.19% 38.00% 17.13% 22.57% 38.53% 15.74% 10.16%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 74.90% 50.64% 68.69% 84.79% 61.49% 82.51% 77.28% 61.47% 84.26% 89.84%
Debt to EBITDA		 2.09 4.34 2.42 1.43 5.88 1.35 1.59 3.95 1.59 0.81
Net Debt to EBITDA		 -2.65 2.98 0.24 -2.35 3.52 -3.74 -5.82 1.75 -1.31 -1.52
Long-Term Debt to EBITDA		 1.32 3.98 2.22 0.49 5.81 1.32 1.58 3.95 1.59 0.81
Debt to NOPAT		 4.22 8.74 4.99 2.16 9.58 2.15 2.31 5.78 2.38 1.18
Net Debt to NOPAT		 -5.34 5.99 0.49 -3.54 5.73 -5.96 -8.47 2.56 -1.96 -2.22
Long-Term Debt to NOPAT		 2.67 8.00 4.57 0.74 9.45 2.10 2.30 5.78 2.38 1.18
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -63 -517 179 -425 -2,137 1,070 -253 -1,016 1,404 250
Operating Cash Flow to CapEx		 -204.53% -653.13% -1,670.99% -1,154.90% -15,685.87% 4,589.01% 38.91% 7,857.37% 4,181.68% 1,165.74%
Free Cash Flow to Firm to Interest Expense		 -4.23 -26.26 5.23 -6.08 -16.29 12.05 -5.30 -10.95 3.15 0.47
Operating Cash Flow to Interest Expense		 -1.70 -3.54 -1.83 -1.56 -7.16 9.00 0.19 11.44 1.28 0.29
Operating Cash Flow Less CapEx to Interest Expense		 -2.53 -4.08 -1.94 -1.69 -7.21 8.80 -0.30 11.30 1.25 0.27
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.05 0.05 0.05 0.05 0.05 0.06 0.05 0.04 0.04 0.04
Fixed Asset Turnover		 2.39 2.68 3.05 3.51 3.72 4.72 4.55 4.87 4.94 5.36
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 687 1,276 1,171 1,718 4,016 3,208 3,839 5,201 4,067 4,176
Invested Capital Turnover		 0.41 0.33 0.30 0.32 0.25 0.30 0.29 0.24 0.23 0.28
Increase / (Decrease) in Invested Capital		 104 589 -105 546 2,299 -808 630 1,363 -1,135 109
Enterprise Value (EV)		 753 1,795 1,656 942 3,660 946 117 4,067 3,092 3,525
Market Capitalization		 971 1,363 1,620 1,371 2,735 2,502 3,310 3,181 3,620 4,322
Book Value per Share		 $15.99 $18.51 $21.61 $30.66 $35.45 $38.09 $42.60 $46.10 $49.63 $54.32
Tangible Book Value per Share		 $12.66 $14.42 $17.87 $18.83 $20.76 $23.70 $26.25 $29.93 $33.64 $38.59
Total Capital		 687 1,276 1,171 1,718 4,016 3,208 3,839 5,201 4,067 4,176
Total Debt		 172 630 367 261 1,547 561 872 2,004 640 424
Total Long-Term Debt		 109 577 336 89 1,526 550 866 2,004 640 424
Net Debt		 -218 432 36 -429 925 -1,556 -3,193 886 -527 -796
Capital Expenditures (CapEx)		 12 11 3.74 9.42 5.99 17 23 14 14 13
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 -0.73 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 172 630 367 261 1,547 561 872 2,004 640 424
Total Depreciation and Amortization (D&A)		 26 40 27 31 51 64 53 54 46 47
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $2.10 $2.00 $2.81 $0.00 $3.78 $5.43 $5.01 $3.90 $5.21
Adjusted Weighted Average Basic Shares Outstanding		 0.00 34.35M 36.83M 43.14M 0.00 69.26M 69.43M 69.19M 68.98M 68.81M
Adjusted Diluted Earnings per Share		 $0.00 $2.08 $1.98 $2.80 $0.00 $3.77 $5.40 $4.99 $3.89 $5.19
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 34.70M 37.14M 43.25M 0.00 69.43M 69.76M 69.42M 69.10M 69.06M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 35.12M 38.24M 47.50M 0.00 69.62M 69.68M 69.39M 69.03M 69.07M
Normalized Net Operating Profit after Tax (NOPAT)		 47 76 74 137 217 261 380 347 269 359
Normalized NOPAT Margin		 17.84% 23.52% 20.32% 29.75% 30.89% 24.26% 37.23% 32.01% 24.97% 31.40%
Pre Tax Income Margin		 21.73% 32.37% 34.09% 32.80% 30.09% 31.52% 48.60% 41.74% 33.11% 41.65%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 3.82 5.34 3.63 2.17 1.61 3.97 10.38 4.88 0.80 0.90
NOPAT to Interest Expense		 2.75 3.66 2.15 1.73 1.23 2.94 7.89 3.73 0.60 0.68
EBIT Less CapEx to Interest Expense		 2.99 4.80 3.52 2.03 1.57 3.77 9.89 4.73 0.77 0.87
NOPAT Less CapEx to Interest Expense		 1.92 3.12 2.04 1.60 1.18 2.75 7.40 3.59 0.57 0.65
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 15.76% 11.91% 19.92% 13.55% 15.28% 15.91% 11.09% 12.01% 15.48% 11.56%
Augmented Payout Ratio		 17.56% 13.60% 21.12% 15.26% 26.69% 18.96% 13.59% 18.48% 23.04% 13.78%

Quarterly Metrics And Ratios for Ameris Bancorp

This table displays calculated financial ratios and metrics derived from Ameris Bancorp's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 16.83% 9.61% 3.18% 0.61% -2.65% -3.72% -0.16% 8.57% 4.74% 10.84%
EBITDA Growth		 10.84% -1.45% -25.10% -23.58% -16.69% -16.91% 19.49% 44.43% 18.44% 38.35%
EBIT Growth		 9.37% -2.74% -28.20% -29.74% -13.25% -13.53% 24.06% 52.47% 19.86% 39.43%
NOPAT Growth		 13.31% 0.34% -26.04% -30.46% -13.44% -19.81% 22.99% 44.94% 23.84% 43.14%
Net Income Growth		 13.31% 0.34% -26.04% -30.46% -13.44% -19.81% 22.99% 44.94% 23.84% 43.14%
EPS Growth		 14.53% 0.85% -25.64% -30.00% -13.43% -19.49% 24.14% 45.05% 24.14% 42.11%
Operating Cash Flow Growth		 311.05% -100.12% -63.46% -73.84% -62.20% 67,470.57% -85.89% -204.97% -22.54% -38.70%
Free Cash Flow Firm Growth		 -313.79% -133.57% -1,226.85% -775.75% -49.64% 193.75% 174.52% 131.51% 198.78% -101.22%
Invested Capital Growth		 14.93% 35.51% 62.38% 36.49% 17.97% -21.82% -26.57% -6.19% -11.24% 2.68%
Revenue Q/Q Growth		 1.13% -2.09% -1.76% 3.43% -2.15% -3.17% 1.87% 12.48% -5.61% 2.47%
EBITDA Q/Q Growth		 11.27% -15.95% -21.58% 4.19% 21.29% -16.16% 12.78% 25.93% -0.53% -2.07%
EBIT Q/Q Growth		 2.53% -13.66% -24.86% 5.62% 26.58% -13.94% 7.82% 29.81% -0.49% 0.11%
NOPAT Q/Q Growth		 2.76% -11.17% -26.51% 3.66% 27.91% -17.70% 12.71% 22.17% 9.28% -4.87%
Net Income Q/Q Growth		 2.76% -11.17% -26.51% 3.66% 27.91% -17.70% 12.71% 22.17% 9.28% -4.87%
EPS Q/Q Growth		 3.08% -11.94% -26.27% 4.60% 27.47% -18.10% 13.68% 22.22% 9.09% -6.25%
Operating Cash Flow Q/Q Growth		 -1.28% -100.09% 41,777.53% -29.79% 42.66% 61.40% -91.27% -622.40% 205.26% 27.73%
Free Cash Flow Firm Q/Q Growth		 -194.12% -202.40% -68.76% 41.65% 49.74% 289.46% 34.14% -75.33% 57.54% -102.33%
Invested Capital Q/Q Growth		 9.52% 30.93% 11.19% -14.39% -5.34% -13.23% 4.43% 9.36% -10.44% 0.38%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 50.31% 43.19% 34.48% 34.73% 43.05% 37.27% 41.26% 46.20% 48.68% 46.52%
EBIT Margin		 43.50% 38.36% 29.34% 29.97% 38.77% 34.45% 36.46% 42.08% 44.36% 43.34%
Profit (Net Income) Margin		 33.26% 30.17% 22.57% 22.62% 29.57% 25.13% 27.80% 30.20% 34.96% 32.46%
Tax Burden Percent		 76.44% 78.65% 76.92% 75.49% 76.28% 72.95% 76.26% 71.77% 78.81% 74.89%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 23.56% 21.35% 23.08% 24.51% 23.72% 27.05% 23.74% 28.23% 21.19% 25.11%
Return on Invested Capital (ROIC)		 9.50% 7.25% 5.28% 5.78% 7.43% 5.85% 5.97% 6.93% 8.81% 9.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 9.50% 7.25% 5.28% 5.78% 7.43% 5.85% 5.97% 6.93% 8.81% 9.00%
Return on Net Nonoperating Assets (RNNOA)		 2.22% 3.38% 2.60% 2.02% 2.52% 2.33% 2.92% 2.78% 2.28% 1.33%
Return on Equity (ROE)		 11.73% 10.63% 7.89% 7.79% 9.95% 8.18% 8.89% 9.71% 11.08% 10.33%
Cash Return on Invested Capital (CROIC)		 -4.57% -22.49% -40.59% -23.92% -9.90% 30.30% 36.28% 12.88% 19.38% 6.06%
Operating Return on Assets (OROA)		 1.99% 1.70% 1.29% 1.33% 1.70% 1.48% 1.52% 1.77% 1.90% 1.92%
Return on Assets (ROA)		 1.52% 1.34% 0.99% 1.00% 1.30% 1.08% 1.16% 1.27% 1.50% 1.44%
Return on Common Equity (ROCE)		 11.73% 10.63% 7.89% 7.79% 9.95% 8.18% 8.89% 9.71% 11.08% 10.33%
Return on Equity Simple (ROE_SIMPLE)		 11.10% 0.00% 10.00% 9.07% 8.53% 0.00% 8.12% 8.72% 8.97% 0.00%
Net Operating Profit after Tax (NOPAT)		 93 82 60 63 80 66 74 91 99 94
NOPAT Margin		 33.26% 30.17% 22.57% 22.62% 29.57% 25.13% 27.80% 30.20% 34.96% 32.46%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 38.54% 38.15% 41.26% 39.70% 40.73% 40.38% 42.29% 39.76% 42.19% 40.06%
Operating Expenses to Revenue		 50.15% 49.57% 52.08% 53.60% 52.21% 56.80% 55.64% 51.68% 53.49% 52.26%
Earnings before Interest and Taxes (EBIT)		 121 105 79 83 105 90 97 127 126 126
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 140 118 92 96 117 98 110 139 138 135
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 0.96 1.00 0.76 0.71 0.78 1.06 0.95 0.97 1.17 1.15
Price to Tangible Book Value (P/TBV)		 1.52 1.53 1.16 1.07 1.17 1.56 1.39 1.40 1.66 1.62
Price to Revenue (P/Rev)		 2.83 2.93 2.27 2.13 2.40 3.36 3.07 3.14 3.86 3.78
Price to Earnings (P/E)		 8.69 9.18 7.62 7.82 9.16 13.45 11.70 11.12 13.01 12.05
Dividend Yield		 1.38% 1.31% 1.68% 1.79% 1.59% 1.14% 1.25% 1.20% 0.96% 1.04%
Earnings Yield		 11.51% 10.89% 13.12% 12.79% 10.91% 7.43% 8.55% 8.99% 7.69% 8.30%
Enterprise Value to Invested Capital (EV/IC)		 0.64 0.78 0.52 0.54 0.51 0.76 0.67 0.68 0.82 0.84
Enterprise Value to Revenue (EV/Rev)		 2.38 3.75 2.73 2.44 2.21 2.87 2.66 2.88 3.07 3.09
Enterprise Value to EBITDA (EV/EBITDA)		 4.98 8.03 6.28 6.00 5.70 7.68 6.80 6.85 7.04 6.75
Enterprise Value to EBIT (EV/EBIT)		 5.55 8.98 7.08 6.91 6.49 8.66 7.61 7.57 7.76 7.41
Enterprise Value to NOPAT (EV/NOPAT)		 7.31 11.74 9.19 8.99 8.44 11.49 10.11 10.21 10.34 9.83
Enterprise Value to Operating Cash Flow (EV/OCF)		 1.90 3.83 3.59 4.67 6.77 5.44 6.28 11.92 14.43 22.86
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 2.20 1.57 5.14 3.98 14.12
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.27 0.63 0.78 0.51 0.40 0.19 0.22 0.30 0.13 0.11
Long-Term Debt to Equity		 0.27 0.63 0.78 0.51 0.40 0.19 0.22 0.30 0.13 0.11
Financial Leverage		 0.23 0.47 0.49 0.35 0.34 0.40 0.49 0.40 0.26 0.15
Leverage Ratio		 7.70 7.94 7.93 7.78 7.66 7.59 7.68 7.64 7.41 7.17
Compound Leverage Factor		 7.70 7.94 7.93 7.78 7.66 7.59 7.68 7.64 7.41 7.17
Debt to Total Capital		 21.48% 38.53% 43.75% 33.66% 28.58% 15.74% 17.95% 23.21% 11.50% 10.16%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 21.48% 38.53% 43.75% 33.66% 28.58% 15.74% 17.95% 23.21% 11.50% 10.16%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 78.52% 61.47% 56.25% 66.34% 71.42% 84.26% 82.05% 76.79% 88.50% 89.84%
Debt to EBITDA		 1.68 3.95 5.32 3.74 3.17 1.59 1.81 2.32 0.99 0.81
Net Debt to EBITDA		 -0.94 1.75 1.07 0.78 -0.49 -1.31 -1.07 -0.61 -1.82 -1.52
Long-Term Debt to EBITDA		 1.68 3.95 5.32 3.74 3.17 1.59 1.81 2.32 0.99 0.81
Debt to NOPAT		 2.46 5.78 7.78 5.59 4.69 2.38 2.69 3.46 1.45 1.18
Net Debt to NOPAT		 -1.38 2.56 1.57 1.17 -0.72 -1.96 -1.59 -0.91 -2.67 -2.22
Long-Term Debt to NOPAT		 2.46 5.78 7.78 5.59 4.69 2.38 2.69 3.46 1.45 1.18
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -424 -1,281 -2,161 -1,261 -634 1,201 1,611 397 626 -15
Operating Cash Flow to CapEx		 11,201.32% -13.98% 4,042.39% 2,008.32% 3,493.22% 10,817.63% 576.48% -2,990.20% 4,255.39% 2,995.25%
Free Cash Flow to Firm to Interest Expense		 -19.86 -25.87 -25.71 -11.22 -5.16 9.52 12.58 2.93 4.44 -0.12
Operating Cash Flow to Interest Expense		 16.37 -0.01 1.57 0.82 1.07 1.69 0.15 -0.72 0.72 1.05
Operating Cash Flow Less CapEx to Interest Expense		 16.22 -0.05 1.53 0.78 1.04 1.67 0.12 -0.74 0.71 1.01
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.05 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04
Fixed Asset Turnover		 4.73 4.87 4.94 4.95 4.94 4.94 4.97 5.10 5.20 5.36
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 3,973 5,201 5,783 4,951 4,686 4,067 4,247 4,644 4,160 4,176
Invested Capital Turnover		 0.29 0.24 0.23 0.26 0.25 0.23 0.21 0.23 0.25 0.28
Increase / (Decrease) in Invested Capital		 516 1,363 2,222 1,324 714 -1,135 -1,536 -307 -527 109
Enterprise Value (EV)		 2,530 4,067 2,989 2,676 2,409 3,092 2,862 3,176 3,414 3,525
Market Capitalization		 3,008 3,181 2,480 2,329 2,615 3,620 3,311 3,460 4,295 4,322
Book Value per Share		 $44.97 $46.10 $46.89 $47.35 $48.41 $49.63 $50.48 $51.61 $53.30 $54.32
Tangible Book Value per Share		 $28.62 $29.93 $30.79 $31.31 $32.38 $33.64 $34.56 $35.77 $37.51 $38.59
Total Capital		 3,973 5,201 5,783 4,951 4,686 4,067 4,247 4,644 4,160 4,176
Total Debt		 853 2,004 2,530 1,666 1,339 640 762 1,078 478 424
Total Long-Term Debt		 853 2,004 2,530 1,666 1,339 640 762 1,078 478 424
Net Debt		 -478 886 509 347 -206 -527 -449 -284 -881 -796
Capital Expenditures (CapEx)		 3.12 2.26 3.26 4.60 3.78 1.97 3.22 3.25 2.40 4.36
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 853 2,004 2,530 1,666 1,339 640 762 1,078 478 424
Total Depreciation and Amortization (D&A)		 19 13 14 13 12 7.40 13 12 12 9.26
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.34 $1.19 $0.87 $0.91 $1.16 $0.96 $1.08 $1.32 $1.44 $1.37
Adjusted Weighted Average Basic Shares Outstanding		 69.13M 69.19M 69.17M 68.99M 68.88M 68.98M 68.81M 68.82M 68.80M 68.81M
Adjusted Diluted Earnings per Share		 $1.34 $1.18 $0.87 $0.91 $1.16 $0.95 $1.08 $1.32 $1.44 $1.35
Adjusted Weighted Average Diluted Shares Outstanding		 69.33M 69.42M 69.32M 69.04M 68.99M 69.10M 69.01M 69.01M 69.07M 69.06M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 69.35M 69.39M 69.37M 69.14M 69.05M 69.03M 69.11M 69.07M 69.07M 69.07M
Normalized Net Operating Profit after Tax (NOPAT)		 93 82 60 63 80 66 74 91 99 94
Normalized NOPAT Margin		 33.26% 30.24% 22.57% 22.62% 29.57% 25.13% 27.80% 30.20% 34.96% 32.46%
Pre Tax Income Margin		 43.50% 38.36% 29.34% 29.97% 38.77% 34.45% 36.46% 42.08% 44.36% 43.34%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 5.68 2.11 0.93 0.74 0.86 0.72 0.76 0.93 0.89 1.01
NOPAT to Interest Expense		 4.34 1.66 0.72 0.56 0.65 0.52 0.58 0.67 0.70 0.76
EBIT Less CapEx to Interest Expense		 5.53 2.07 0.90 0.70 0.82 0.70 0.74 0.91 0.88 0.98
NOPAT Less CapEx to Interest Expense		 4.19 1.62 0.68 0.52 0.62 0.51 0.56 0.65 0.69 0.72
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 12.03% 12.01% 12.84% 14.01% 14.61% 15.48% 14.68% 13.34% 12.56% 11.56%
Augmented Payout Ratio		 18.89% 18.48% 17.22% 19.78% 20.59% 23.04% 20.40% 16.92% 15.93% 13.78%

Financials Breakdown Chart

Key Financial Trends

Ameris Bancorp (NASDAQ: ABCB) has demonstrated consistent growth and financial stability over the last four years, based on an analysis of its quarterly income statements, cash flow statements, and balance sheets through Q4 2024.

Key Positive Trends:

  • Steady growth in net interest income, rising from approximately $212.98 million in Q3 2022 to $221.82 million in Q4 2024, reflecting effective interest-earning asset management.
  • Consistent net income growth, from $60.42 million in Q1 2023 to $94.38 million in Q4 2024, showing improved profitability.
  • Quarterly EPS (diluted) increased from $0.87 in Q1 2023 to $1.35 in Q4 2024, indicating enhanced shareholder value and stronger earnings performance.
  • Total assets increased moderately, with Q3 2024 assets at approximately $26.40 billion, up from about $23.81 billion in Q3 2022, supporting an expanding loan portfolio and investment base.
  • Return on equity is supported by a common equity base steadily growing from $3.12 billion in Q3 2022 to approximately $3.68 billion in Q3 2024.
  • Net cash from operating activities shows strong positive inflows in recent quarters, with $130.5 million in Q4 2024, supporting liquidity and operational cash flow efficiency.
  • The company has maintained steady dividend payments per common share, increasing from $0.15 to $0.20 in Q4 2024, reflecting confidence in cash flow generation.
  • Provision for credit losses has generally declined from $49.7 million in Q1 2023 to $12.8 million in Q4 2024, suggesting improving asset quality and lower credit risk.
  • Salaries and employee benefit expenses have increased modestly in line with growth, supporting workforce expansion to match business volumes.
  • Investment securities interest income remained stable, contributing consistently around $13-17 million per quarter, aiding overall interest income stability.

Neutral Observations:

  • Fluctuations in net realized and unrealized capital gains on investments are minor and have limited impact on quarterly earnings, with some negative quarters marginally affecting non-interest income.
  • Long-term debt interest expense has varied but remains controlled relative to total interest expense, indicating manageable financing costs.
  • Federal funds sold and securities borrowed interest income showed swings, including negative values, reflecting short-term funding cost dynamics.
  • Non-interest income components such as service charges have exhibited variability but generally support revenue diversification.
  • Cash and equivalents and interest-bearing deposits at other banks have moderate quarter-to-quarter changes, reflecting liquidity management strategies.

Areas of Potential Concern:

  • Notable volatility in purchase and sale of investment securities and investment maturities in cash flow from investing activities, with large outflows in some quarters, which could pressure liquidity if not managed carefully.
  • Net cash from financing activities frequently reflects substantial debt issuances balanced by repayments and significant dividend payments, indicating leverage management requires attention.
  • Other operating expenses and occupancy costs have shown steady increases, which could pressure margins if revenue growth slows.
  • Allowance for loan and lease losses increased and remained in the hundreds of millions, highlighting risks inherent in the loan portfolio.
  • Cash interest paid has increased significantly from around $18.6 million in Q1 2022 to over $131.9 million in Q4 2024, suggesting higher interest costs possibly due to rising rates or increased borrowings.

Overall, Ameris Bancorp has shown resilient core earnings growth, improving credit quality, and expanding balance sheet assets. However, investors should monitor the company's investment activity volatility, financing strategies, and expense management trends to ensure sustained profitability and liquidity.

10/23/25 12:00 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Ameris Bancorp's Financials

When does Ameris Bancorp's financial year end?

According to the most recent income statement we have on file, Ameris Bancorp's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Ameris Bancorp's net income changed over the last 9 years?

Ameris Bancorp's net income appears to be on an upward trend, with a most recent value of $358.69 million in 2024, rising from $40.85 million in 2015. The previous period was $269.11 million in 2023. See where experts think Ameris Bancorp is headed by visiting Ameris Bancorp's forecast page.

How has Ameris Bancorp's revenue changed over the last 9 years?

Over the last 9 years, Ameris Bancorp's total revenue changed from $261.12 million in 2015 to $1.14 billion in 2024, a change of 337.5%.

How much debt does Ameris Bancorp have?

Ameris Bancorp's total liabilities were at $22.51 billion at the end of 2024, a 3.4% increase from 2023, and a 343.6% increase since 2015.

How much cash does Ameris Bancorp have?

In the past 9 years, Ameris Bancorp's cash and equivalents has ranged from $118.52 million in 2015 to $307.81 million in 2021, and is currently $244.98 million as of their latest financial filing in 2024.

How has Ameris Bancorp's book value per share changed over the last 9 years?

Over the last 9 years, Ameris Bancorp's book value per share changed from 15.99 in 2015 to 54.32 in 2024, a change of 239.7%.


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This page (NASDAQ:ABCB) was last updated on 10/23/2025 by MarketBeat.com Staff
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