Ameris Bancorp operates as the bank holding company for Ameris Bank that provides range of banking services to retail and commercial customers primarily in Georgia, Alabama, Florida, North Carolina, and South Carolina The company operates through five segments: Banking Division, Retail Mortgage Division, Warehouse Lending Division, SBA Division, and Premium Finance Division.
infoAmeris Bancorp is a mid cap stock with a total market cap of 2.75B.
infoThey trade on the NASDAQ and had their IPO 29 years and 3 months ago.
infoAmeris Bancorp currently employs 2801 people.
infoAs of Wednesday, Aug 23 2023, Ameris Bancorp’s share price is $39.75.
News Relating to Ameris Bancorp
Zacks Investment Research
New Strong Sell Stocks for August 1st
Tuesday Aug 01 2023 at 07:24
ABCB, CZFS and CBRL have been added to the Zacks Rank #5 (Strong Sell) List on August 1, 2023.
Zacks Investment Research
Ameris Bancorp (ABCB) Reports Q2 Earnings: What Key Metrics Have to Say
Thursday Jul 27 2023 at 22:13
Although the revenue and EPS for Ameris Bancorp (ABCB) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Seeking Alpha
Strong Mid-Cap Insider Buys: Q2 2023
Monday Jul 24 2023 at 14:45
We continue with our recurring series based on analyzing mid-cap stocks that have enjoyed periods unusual insider interest during the second quarter of the year. An overwhelming trend of bank insiders buying stakes in the regional banking sector still pursues, with insiders signaling that the banking crisis was largely overblown in our view. Today, we are dissecting insider purchases from notable insiders in Zions Bancorporation, Luminar Technologies, GameStop Corporation, East West Bancorp, and Ameris Bancorp.
CNBC Television
Better valuations are ahead for bank stocks following stress test results: Christopher Marinac
Wednesday Jun 28 2023 at 18:44
Christopher Marinac, Janney Montgomery Scott director of research, joins ‘Fast Money’ to discuss the results of the Federal Reserve’s banking stress test and what that means for bank stocks moving forward.
Seeking Alpha
Ameris Bancorp: Reducing The Earnings Estimate But Maintaining A Buy
Tuesday May 30 2023 at 15:29
Ameris Bancorp’s earnings estimate for 2023 has been reduced to $4.56 per share due to decreased margin estimates and increased provisioning expense estimates. The company’s risk level appears manageable. Unrealized losses are low, uninsured deposits are well covered, and exposure to office properties is limited. A buy rating is maintained on Ameris Bancorp with a target price of $39.00, implying a 20.1% upside from the current market price and a total expected return of 22.0%.
Zacks Investment Research
Ameris Bancorp (ABCB) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Thursday Apr 27 2023 at 22:01
While the top- and bottom-line numbers for Ameris Bancorp (ABCB) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Zacks Investment Research
Ameris Bancorp (ABCB) Q1 Earnings Lag Estimates
Thursday Apr 27 2023 at 19:43
Ameris Bancorp (ABCB) came out with quarterly earnings of $0.86 per share, missing the Zacks Consensus Estimate of $1.20 per share. This compares to earnings of $1.08 per share a year ago.
PRNewsWire
AMERIS BANCORP ANNOUNCES DATE OF FIRST QUARTER 2023 EARNINGS RELEASE AND CONFERENCE CALL
Tuesday Apr 04 2023 at 08:00
ATLANTA , April 4, 2023 /PRNewswire/ — Ameris Bancorp (Nasdaq: ABCB) (the “Company”) announced today that it intends to release its first quarter 2023 financial results in a press release after the market closes on Thursday, April 27, 2023. H. Palmer Proctor, Jr., Chief Executive Officer, Nicole S.
Seeking Alpha
Ameris Bancorp Delivering On Self-Improvement
Monday Mar 06 2023 at 16:24
Ameris came up short on the topline in the fourth quarter, as a more fixed-rate loan book compared to many peers caps the near-term benefit of higher rates. Management has meaningfully diversified the loan book while also significantly upgrading the deposit base; modest asset sensitivity should be a positive from here, and I expect better-than-average deposit costs.
Seeking Alpha
Ameris Bancorp (ABCB) Q4 2022 Earnings Call Transcript
Friday Jan 27 2023 at 14:22
Ameris Bancorp (NASDAQ:ABCB ) Q4 2022 Earnings Conference Call January 28, 2023 9:00 AM ET Company Participants Palmer Proctor – Chief Executive Officer Nicole Stokes – Chief Financial Officer Jon Edwards – Chief Credit Officer Conference Call Participants Casey Whitman – Piper Sandler Brady Gailey – KBW Christopher Marinac – Janney Montgomery Scott Operator Hello everyone and welcome to the Ameris Bancorp fourth quarter 2022 conference call, and thank you for standing by. My name is Daisy and I will be coordinating your call today.
Zacks Investment Research
Ameris Bancorp (ABCB) Lags Q4 Earnings and Revenue Estimates
Thursday Jan 26 2023 at 19:33
Ameris Bancorp (ABCB) delivered earnings and revenue surprises of -12.69% and 2.81%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Seeking Alpha
Ameris Bancorp (ABCB) Q3 2022 Earnings Call Transcript
Friday Oct 28 2022 at 13:54
QCR Holdings, Inc. (NASDAQ:ABCB ) Q3 2022 Earnings Conference Call October 28, 2022 9:00 AM ET Company Participants Palmer Proctor – CEO Nicole Stokes – CFO Jon Edwards – Chief Credit Officer Conference Call Participants Kevin Fitzsimmons – D.A. Davidson Companies Brady Gailey – KBW Jennifer Demba – Truist Securities David Feaster – Raymond James Christopher Marinac – Janney Montgomery Scott Operator Hello, everyone, and thank you for joining the Ameris Bancorp Third Quarter 2022 Conference Call.
Zacks Investment Research
Has Ameris Bancorp (ABCB) Outpaced Other Finance Stocks This Year?
Friday Oct 14 2022 at 11:17
Here is how Ameris Bancorp (ABCB) and Carter Bankshares, Inc. (CARE) have performed compared to their sector so far this year.
Zacks Investment Research
Should Value Investors Buy Ameris Bancorp (ABCB) Stock?
Thursday Oct 13 2022 at 11:18
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Seeking Alpha
Ameris Bancorp: Attractively Valued But Earnings Likely To Dip
Friday Oct 07 2022 at 15:25
The robust pipelines of unfunded commitments and job markets will likely sustain loan growth. The margin is moderately rate-sensitive thanks to sticky deposit costs.
Zacks Investment Research
Best Value Stocks to Buy for August 22nd
Monday Aug 22 2022 at 11:18
FBP, TNP and ABCB made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 22, 2022.
Zacks Investment Research
New Strong Buy Stocks for August 22nd
Monday Aug 22 2022 at 09:47
TNP, ABCB, FBP, CVBF and SMMF have been added to the Zacks Rank #1 (Strong Buy) List on August 22, 2022.
Zacks Investment Research
Are Finance Stocks Lagging Ameris Bancorp (ABCB) This Year?
Tuesday Aug 16 2022 at 11:17
Here is how Ameris Bancorp (ABCB) and FS KKR Capital (FSK) have performed compared to their sector so far this year.
Zacks Investment Research
Are Investors Undervaluing Ameris Bancorp (ABCB) Right Now?
Tuesday Aug 16 2022 at 11:17
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Seeking Alpha
Ameris Bancorp (ABCB) CEO Palmer Proctor on Q2 2022 Results – Earnings Call Transcript
Wednesday Jul 27 2022 at 16:42
Ameris Bancorp (NASDAQ:ABCB ) Q2 2022 Earnings Conference Call July 27, 2022 9:00 AM ET Company Participants Nicole Stokes – Chief Financial Officer Palmer Proctor – Chief Executive Officer Jon Edwards – Chief Credit Officer Conference Call Participants Brady Gailey – KBW David Feaster – Raymond James Christopher Marinac – Janney Montgomery Scott Jennifer Demba – Truist Securities Operator Hello, and welcome to today’s Ameris Bancorp’s Second Quarter Earnings Call. My name is Bailey, and I’ll be the moderator for today’s call.
Zacks Investment Research
Ameris Bancorp (ABCB) Q2 Earnings Lag Estimates
Tuesday Jul 26 2022 at 19:26
Ameris Bancorp (ABCB) delivered earnings and revenue surprises of -0.84% and 5.15%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
PRNewsWire
AMERIS BANCORP ANNOUNCES DATE OF SECOND QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL
Friday Jul 01 2022 at 09:00
ATLANTA , July 1, 2022 /PRNewswire/ — Ameris Bancorp (Nasdaq: ABCB) (the “Company”) announced today that it intends to release its second quarter 2022 financial results in a press release after the market closes on Tuesday, July 26, 2022. H. Palmer Proctor, Jr., Chief Executive Officer, Nicole S.
Zacks Investment Research
How Ameris (ABCB) Stock Stands Out in a Strong Industry
Friday May 13 2022 at 10:32
Ameris (ABCB) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Zacks Investment Research
Ameris Bancorp (ABCB) Q1 Earnings Match Estimates
Tuesday Apr 26 2022 at 19:33
Ameris Bancorp (ABCB) delivered earnings and revenue surprises of 0% and 7.50%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Zacks Investment Research
Analysts Estimate Ameris Bancorp (ABCB) to Report a Decline in Earnings: What to Look Out for
Tuesday Apr 19 2022 at 16:33
Ameris Bancorp (ABCB) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Zacks Investment Research
Are Investors Undervaluing Ameris Bancorp (ABCB) Right Now?
Wednesday Mar 23 2022 at 11:17
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Zacks Investment Research
Ameris Bancorp (ABCB) Could Find Support Soon, Here’s Why You Should Buy the Stock Now
Tuesday Feb 01 2022 at 11:30
Ameris Bancorp (ABCB) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
Seeking Alpha
Ameris Bancorp (ABCB) CEO Palmer Proctor on Q4 2021 Results – Earnings Call Transcript
Friday Jan 28 2022 at 15:55
Ameris Bancorp (ABCB) CEO Palmer Proctor on Q4 2021 Results – Earnings Call Transcript
Zacks Investment Research
Ameris Bancorp (ABCB) Tops Q4 Earnings and Revenue Estimates
Thursday Jan 27 2022 at 20:00
Ameris Bancorp (ABCB) delivered earnings and revenue surprises of 0.86% and 2.46%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Zacks Investment Research
Ameris Bancorp (ABCB) Expected to Beat Earnings Estimates: Should You Buy?
Thursday Jan 20 2022 at 16:07
Ameris Bancorp (ABCB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Ameris Bancorp Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
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Ameris Bancorp’s Altman Z-score is 1.37 which is in the distress zone. This indicates a higher risk of financial distress and potential bankruptcy for the company. It can serve as a warning sign of significant financial challenges, requiring careful consideration by potential investors.
Derived from SEC.GOV filing dataopen_in_new
Ameris Bancorp Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
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Over the last 3 months, 5 insiders have bought $898.26K of common stock in Ameris Bancorp on the stock market with no insider selling.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
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Ameris Bancorp’s Income Quality of 2.8 is greater than its Industry Group of 1.3 (115.4% greater)
Ameris Bancorp’s Income Quality of 2.8 is greater than its Major Industry Group of 1.32 (112.1% greater)
Ameris Bancorp’s Income Quality of 2.8 is greater than its Sector of 0.58 (382.8% greater)
Derived from SEC.GOV filing dataopen_in_new
Data is unavailable for Current Ratio
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
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Ameris Bancorp’s PE Ratio of 9.23 is greater than its Industry Group of 7.82 (18.0% greater)
Ameris Bancorp’s PE Ratio of 9.23 is greater than its Major Industry Group of 8.01 (15.2% greater)
Ameris Bancorp’s PE Ratio of 9.23 is greater than its Sector of 7.86 (17.4% greater)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
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Ameris Bancorp’s PB Ratio of 0.11 is lower than its Industry Group of 0.58 (-81.0% lower)
Ameris Bancorp’s PB Ratio of 0.11 is lower than its Major Industry Group of 0.36 (-69.4% lower)
Ameris Bancorp’s PB Ratio of 0.11 is lower than its Sector of 0.72 (-84.7% lower)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
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Ameris Bancorp’s ROE of 0.01 is lower than its Industry Group of 0.08 (-87.5% lower)
Ameris Bancorp’s ROE of 0.01 is lower than its Major Industry Group of 0.02 (-50.0% lower)
Ameris Bancorp’s ROE of 0.01 is lower than its Sector of 0.04 (-75.0% lower)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
Learn more at Investopediaopen_in_new
Ameris Bancorp’s ROCE of 0.02 is in line with its Industry Group of 0.02
Ameris Bancorp’s ROCE of 0.02 is in line with its Major Industry Group of 0.02
Ameris Bancorp’s ROCE of 0.02 is in line with its Sector of 0.02
Derived from SEC.GOV filing dataopen_in_new