Ameris Bancorp (ABCB)
| Market Cap | 3.66B |
| Revenue (ttm) | 935.41M |
| Net Income (ttm) | 285.39M |
| Shares Out | 69.05M |
| EPS (ttm) | 4.12 |
| PE Ratio | 12.88 |
| Forward PE | 11.64 |
| Dividend | $0.60 (1.13%) |
| Ex-Dividend Date | Dec 28, 2023 |
| Volume | 351,171 |
| Open | 53.42 |
| Previous Close | 53.70 |
| Day's Range | 52.72 - 53.61 |
| 52-Week Range | 28.33 - 53.84 |
| Beta | 1.19 |
| Analysts | Strong Buy |
| Price Target | 45.80 (-13.67%) |
| Earnings Date | Jan 25, 2024 |
About ABCB
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. It operates through five segments: Banking Division, Retail Mortgage Division, Warehouse Lending Division, SBA Division, and Premium Finance Division. The company offers commercial and retail checking, regular interest-bearing savings, money market, individual retirement, and certificates of deposit accounts. It also provides com... [Read more]
Financial Performance
In 2022, Ameris Bancorp's revenue was $1.01 billion, a decrease of -4.02% compared to the previous year's $1.06 billion. Earnings were $346.54 million, a decrease of -8.06%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for ABCB stock is "Strong Buy." The 12-month stock price forecast is $45.8, which is a decrease of -13.67% from the latest price.
News
Clyde Anderson Joins Ameris Bank as Director of Community Lending
ATLANTA , Dec. 21, 2023 /PRNewswire/ -- Ameris Bank is pleased to announce Clyde Anderson as director of Community Lending, effective December 18. In this newly created role, Anderson will be responsi...
Ameris Bank Promotes Ross McWilliams to Lead Homebuilder Division
ATLANTA , Oct. 30, 2023 /PRNewswire/ -- Ameris Bank has promoted Ross McWilliams to executive vice president and managing director of the banks' Homebuilder Division. This group serves the homebuilder...
AMERIS BANCORP ANNOUNCES FINANCIAL RESULTS FOR THIRD QUARTER 2023
Highlights of Ameris's results for the third quarter of 2023 include the following: Net income of $80.1 million, or $1.16 per diluted share Return on average assets ("ROA") of 1.25% Pre-tax, pre-provi...
Ameris Bank Holds 14th Annual Food Drive
Customers and community members can bring nonperishable food items to Ameris locations through November 30 ATLANTA , Oct. 24, 2023 /PRNewswire/ -- Ameris Bank announced today that is has continued its...
Ameris Bank Expands Business Banking
ATLANTA , Oct. 20, 2023 /PRNewswire/ -- Ameris Bank is expanding its Business Banking unit adding capacity with the addition of specialized bankers to support the business's growth in multiple markets...
Ameris Bank Announces Settlement with Department of Justice
ATLANTA , Oct. 19, 2023 /PRNewswire/ -- Ameris Bank ("Ameris" or the "Bank"), the wholly owned subsidiary of Ameris Bancorp (Nasdaq: ABCB), today announced that it has entered into a settlement with t...
AMERIS BANCORP ANNOUNCES DATE OF THIRD QUARTER 2023 EARNINGS RELEASE AND CONFERENCE CALL
ATLANTA , Sept. 27, 2023 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") announced today that it intends to release its third quarter 2023 financial results in a press release after the ...
4 Undervalued Regional Banks in the Russell 2000
These four regional banking stocks are worth looking at for two basic reasons. First, the collapse of Silicon Valley Bank earlier this year, which took the entire sector down.
AMERIS BANCORP ANNOUNCES FINANCIAL RESULTS FOR SECOND QUARTER 2023
Highlights of Ameris's results for the second quarter of 2023 include the following: Net income of $62.6 million, or $0.91 per diluted share Pre-tax, pre-provision net revenue (PPNR) ROA(1) of 2.01% G...
AMERIS BANCORP ANNOUNCES DATE OF SECOND QUARTER 2023 EARNINGS RELEASE AND CONFERENCE CALL
ATLANTA , July 6, 2023 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") announced today that it intends to release its second quarter 2023 financial results in a press release after the m...
Better valuations are ahead for bank stocks following stress test results: Christopher Marinac
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 for...
AMERIS BANCORP ANNOUNCES FINANCIAL RESULTS FOR FIRST QUARTER 2023
Highlights of Ameris's results for the first quarter of 2023 include the following: Net income of $60.4 million, or $0.87 per diluted share Pre-tax, pre-provision net revenue (PPNR) ROA(1) of 2.07% Gr...
AMERIS BANCORP ANNOUNCES DATE OF FIRST QUARTER 2023 EARNINGS RELEASE AND CONFERENCE CALL
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 m...
Ameris Bank Donates $2,055,000 to Support 15 Rural Georgia Hospitals
ATLANTA , March 1, 2023 /PRNewswire/ -- Ameris Bank has donated $2,055,000 to 15 rural hospitals across the state of Georgia, through the Georgia HEART Hospital Program in 2023. Ameris has been partic...
AMERIS BANCORP ANNOUNCES FOURTH QUARTER AND FULL YEAR 2022 FINANCIAL RESULTS
Highlights of the Company's results for the full year 2022 include the following: Net income of $346.5 million, or $4.99 per diluted share Growth in tangible book value(1) of $3.66 per share, or 13.9%...
AMERIS BANCORP ANNOUNCES DATE OF FOURTH QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL
ATLANTA , Jan. 6, 2023 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") announced today that it intends to release its fourth quarter and full year 2022 financial results in a press relea...
AMERIS BANCORP ANNOUNCES FINANCIAL RESULTS FOR THIRD QUARTER 2022
Highlights of the Company's results for the third quarter of 2022 include the following: Net income of $92.6 million, or $1.34 per diluted share Growth in tangible book value(1) of $0.73 per share, or...
AMERIS BANCORP ANNOUNCES DATE OF THIRD QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL
ATLANTA, Oct. 3, 2022 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") announced today that it intends to release its third quarter 2022 financial results in a press release after the mar...
Ameris Bank Commits $10 Million To Support Eligible First-Time Homebuyers
ATLANTA , Aug. 16, 2022 /PRNewswire/ -- Ameris Bank today announced the Ameris Down Payment Grant Program, committing $10 million in grants over the next three years to eligible first-time homebuyers ...
AMERIS BANCORP ANNOUNCES FINANCIAL RESULTS FOR SECOND QUARTER 2022
Highlights of the Company's results for the second quarter of 2022 include the following: Net income of $90.1 million, or $1.30 per diluted share Growth in tangible book value of $1.05 per share, or 1...
AMERIS BANCORP ANNOUNCES DATE OF SECOND QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL
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 m...
Ameris Bank Donates $1,805,000 to Support 18 Rural Georgia Hospitals
ATLANTA , May 2, 2022 /PRNewswire/ -- As part of the Georgia HEART Hospital Program, Ameris Bank has donated $1,805,000 to 18 rural hospitals throughout Georgia. Ameris Bank has participated in the pr...
AMERIS BANCORP ANNOUNCES FINANCIAL RESULTS FOR FIRST QUARTER 2022
Highlights of the Company's results for the first quarter of 2022 include the following: Net income of $81.7 million, or $1.17 per diluted share Organic growth in loans of $269.5 million, or 6.8% annu...
AMERIS BANCORP ANNOUNCES DATE OF FIRST QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL
ATLANTA , March 31, 2022 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") announced today that it intends to release its first quarter 2022 financial results in a press release after the ...
Ameris Bank Announces Reduction in Overdraft Fees
ATLANTA , March 23, 2022 /PRNewswire/ -- Ameris Bank today announced the reduction or elimination of some overdraft fees for consumer accounts, effective May 31, 2022. Ameris will eliminate non-suffic...