Atlantic Capital Bancshares, Inc. operates as the holding company for Atlantic Capital Bank, N.A. that provides commercial banking products and services in the United States. The company offers NOW, money market, savings, checking, time, Internet and brokered, and demand deposits; working capital and equipment loans, loans supported by owner-occupied real estate, revolving lines of credit, term loans, letters of credit, installment and term loans, and home equity lines of credit; residential mortgage loans; and commercial real estate loans, including secured construction loans, secured mini-permanent loans, and secured or unsecured lines of credit. It also provides trust and wealth management, treasury management, and depository services; electronic payment services to payroll companies and other high transaction volume clients; capital market services; small business administration and franchise program loans; and online and mobile banking services. The company serves corporate and business clients in various industry sectors, such as industrial and manufacturing, financial services, business services, not-for-profit, consumer service, and retail; and public real estate investment trusts, corporate and commercial real estate clients, and other private clients. It operates through 15 branches located primarily in the metropolitan areas of Atlanta, Georgia; and Chattanooga and Knoxville, Tennessee. The company was founded in 2006 and is headquartered in Atlanta, Georgia.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:ACBI
CUSIPN/A
Phone404-995-6050
Debt
Debt-to-Equity Ratio0.63
Current Ratio0.95
Quick Ratio0.95
Price-To-Earnings
Trailing P/E Ratio34.43
Forward P/E Ratio18.25
P/E GrowthN/A
Sales & Book Value
Annual Sales$112.46 million
Price / Sales4.24
Cash Flow$0.7759 per share
Price / Cash23.52
Book Value$11.99 per share
Price / Book1.52
Profitability
EPS (Most Recent Fiscal Year)$0.53
Net Income$-3,720,000.00
Net Margins1.60%
Return on Equity6.14%
Return on Assets0.71%
Miscellaneous
Employees353
Outstanding Shares26,100,000
Market Cap$471.83 million
Atlantic Capital (NASDAQ:ACBI) Frequently Asked Questions
What is Atlantic Capital's stock symbol?
Atlantic Capital trades on the NASDAQ under the ticker symbol "ACBI."
How were Atlantic Capital's earnings last quarter?
Atlantic Capital (NASDAQ:ACBI) released its earnings results on Wednesday, July, 25th. The bank reported $0.26 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.25 by $0.01. The bank earned $27.35 million during the quarter, compared to the consensus estimate of $26.47 million. Atlantic Capital had a net margin of 1.60% and a return on equity of 6.14%. View Atlantic Capital's Earnings History.
When is Atlantic Capital's next earnings date?
What price target have analysts set for ACBI?
4 analysts have issued 12 month target prices for Atlantic Capital's shares. Their forecasts range from $18.00 to $20.00. On average, they expect Atlantic Capital's share price to reach $19.00 in the next twelve months. This suggests a possible upside of 4.1% from the stock's current price. View Analyst Price Targets for Atlantic Capital.
What is the consensus analysts' recommendation for Atlantic Capital?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Atlantic Capital in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Atlantic Capital.
Who are some of Atlantic Capital's key competitors?
Some companies that are related to Atlantic Capital include Eagle Bancorp (EGBN), First Bancorp (FBP), S & T Bancorp (STBA), First Busey (BUSE), 1st Source (SRCE), Seacoast Banking Co. of Florida (SBCF), FB Financial (FBK), Enterprise Financial Services (EFSC), State Bank Financial (STBZ), Lakeland Financial (LKFN), Southside Bancshares (SBSI), First Bancorp (FBNC), Boston Private Financial (BPFH), Live Oak Bancshares (LOB) and Triumph Bancorp (TBK).
Who are Atlantic Capital's key executives?
Atlantic Capital's management team includes the folowing people:
- Mr. Douglas L. Williams, Pres, CEO & Director (Age 60)
- Mr. Patrick Timothy Oakes, Exec. VP, CFO & Sec. (Age 49)
- Mr. Richard A. Oglesby Jr., Exec. VP & Gen. Banking Division Exec. (Age 53)
- Mr. Mark E. Robertson, Exec. VP of Operations & Information Technology
- Ms. Annette F. Rollins, Exec. VP & Chief HR Officer
Has Atlantic Capital been receiving favorable news coverage?
News articles about ACBI stock have been trending somewhat positive recently, according to Accern. The research firm identifies negative and positive media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Atlantic Capital earned a coverage optimism score of 0.10 on Accern's scale. They also assigned press coverage about the bank an impact score of 47.77 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Atlantic Capital.
Who are Atlantic Capital's major shareholders?
Atlantic Capital's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bank of New York Mellon Corp (5.72%), BlackRock Inc. (5.19%), Elizabeth Park Capital Advisors Ltd. (2.94%), Dimensional Fund Advisors LP (2.03%), Huber Capital Management LLC (2.02%) and Millennium Management LLC (1.75%). Company insiders that own Atlantic Capital stock include Bankcap Equity Fund, Llc, D Michael Kramer, Douglas Lloyd Williams, Gary G Fleming Jr, James H Graves, Kurt A Shreiner, Larry D Mauldin, Richard A Jr Oglesby, Stone Point Capital Llc and Walter M Deriso Jr. View Institutional Ownership Trends for Atlantic Capital.
Which institutional investors are selling Atlantic Capital stock?
ACBI stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Huber Capital Management LLC, Martingale Asset Management L P, Signaturefd LLC, Synovus Financial Corp, Victory Capital Management Inc., Bank of New York Mellon Corp and Metropolitan Life Insurance Co. NY. Company insiders that have sold Atlantic Capital company stock in the last year include D Michael Kramer, Gary G Fleming Jr, James H Graves, Kurt A Shreiner, Richard A Jr Oglesby and Stone Point Capital Llc. View Insider Buying and Selling for Atlantic Capital.
Which institutional investors are buying Atlantic Capital stock?
ACBI stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Comerica Bank, Dimensional Fund Advisors LP, Renaissance Technologies LLC, Laurion Capital Management LP, Acadian Asset Management LLC, Citadel Advisors LLC and Engineers Gate Manager LP. View Insider Buying and Selling for Atlantic Capital.
How do I buy shares of Atlantic Capital?
Shares of ACBI 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 Atlantic Capital's stock price today?
One share of ACBI stock can currently be purchased for approximately $18.25.
How big of a company is Atlantic Capital?
Atlantic Capital has a market capitalization of $471.83 million and generates $112.46 million in revenue each year. The bank earns $-3,720,000.00 in net income (profit) each year or $0.53 on an earnings per share basis. Atlantic Capital employs 353 workers across the globe.
How can I contact Atlantic Capital?
Atlantic Capital's mailing address is 945 EAST PACES FERRY ROAD NE SUITE 1600, ATLANTA GA, 30326. The bank can be reached via phone at 404-995-6050.
MarketBeat Community Rating for Atlantic Capital (NASDAQ ACBI)
MarketBeat's community ratings are surveys of what our community members think about Atlantic Capital and other stocks. Vote "Outperform" if you believe ACBI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ACBI will underperform the S&P 500 over the long term. You may vote once every thirty days.
