Ameris Bancorp (ABCB)
Total Valuation
Ameris Bancorp has a market cap or net worth of $3.66 billion. The enterprise value is $3.46 billion.
| Market Cap | 3.66B |
| Enterprise Value | 3.46B |
Important Dates
The next estimated earnings date is Thursday, January 25, 2024, after market close.
| Earnings Date | Jan 25, 2024 |
| Ex-Dividend Date | Dec 28, 2023 |
Share Statistics
Ameris Bancorp has 69.05 million shares outstanding. The number of shares has decreased by -0.48% in one year.
| Shares Outstanding | 69.05M |
| Shares Change (YoY) | -0.48% |
| Shares Change (QoQ) | -0.06% |
| Owned by Insiders (%) | 5.50% |
| Owned by Institutions (%) | 92.75% |
| Float | 64.88M |
Valuation Ratios
The trailing PE ratio is 12.88 and the forward PE ratio is 11.64. Ameris Bancorp's PEG ratio is 2.45.
| PE Ratio | 12.88 |
| Forward PE | 11.64 |
| PS Ratio | 3.92 |
| Forward PS | 3.33 |
| PB Ratio | 1.09 |
| P/FCF Ratio | 10.72 |
| PEG Ratio | 2.45 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 8.22, with an EV/FCF ratio of 10.11.
| EV / Earnings | 12.11 |
| EV / Sales | 3.70 |
| EV / EBITDA | 8.22 |
| EV / EBIT | 9.32 |
| EV / FCF | 10.11 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.40 |
| Debt / EBITDA | 3.18 |
| Debt / FCF | 3.92 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 8.70% and return on invested capital (ROIC) is 6.09%.
| Return on Equity (ROE) | 8.70% |
| Return on Assets (ROA) | 1.10% |
| Return on Capital (ROIC) | 6.09% |
| Revenue Per Employee | $328,561 |
| Profits Per Employee | $100,243 |
| Employee Count | 2,847 |
| Asset Turnover | 0.04 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Ameris Bancorp has paid $85.69 million in taxes.
| Income Tax | 85.69M |
| Effective Tax Rate | 23.09% |
Stock Price Statistics
The stock price has increased by +12.11% in the last 52 weeks. The beta is 1.19, so Ameris Bancorp's price volatility has been higher than the market average.
| Beta (1Y) | 1.19 |
| 52-Week Price Change | +12.11% |
| 50-Day Moving Average | 44.00 |
| 200-Day Moving Average | 38.49 |
| Relative Strength Index (RSI) | 71.87 |
| Average Volume (30 Days) | 390,819 |
Short Selling Information
The latest short interest is 2.00 million, so 2.89% of the outstanding shares have been sold short.
| Short Interest | 2.00M |
| Short Previous Month | 2.00M |
| Short % of Shares Out | 2.89% |
| Short % of Float | 3.08% |
| Short Ratio (days to cover) | 4.81 |
Income Statement
In the last 12 months, Ameris Bancorp had revenue of $935.41 million and earned $285.39 million in profits. Earnings per share was $4.12.
| Revenue | 935.41M |
| Gross Profit | 935.41M |
| Operating Income | 371.08M |
| Pretax Income | 371.08M |
| Net Income | 285.39M |
| EBITDA | 420.78M |
| EBIT | 371.08M |
| Earnings Per Share (EPS) | $4.12 |
Balance Sheet
The company has $1.55 billion in cash and $1.34 billion in debt, giving a net cash position of $206.40 million or $2.99 per share.
| Cash & Cash Equivalents | 1.55B |
| Total Debt | 1.34B |
| Net Cash | 206.40M |
| Net Cash Per Share | $2.99 |
| Equity / Book Value | 3.35B |
| Book Value Per Share | 48.47 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $355.75 million and capital expenditures -$13.90 million, giving a free cash flow of $341.85 million.
| Operating Cash Flow | 355.75M |
| Capital Expenditures | -13.90M |
| Free Cash Flow | 341.85M |
| FCF Per Share | $4.96 |
Margins
Gross margin is 100.00%, with operating and profit margins of 39.67% and 30.51%.
| Gross Margin | 100.00% |
| Operating Margin | 39.67% |
| Pretax Margin | 39.67% |
| Profit Margin | 30.51% |
| EBITDA Margin | 44.98% |
| EBIT Margin | 39.67% |
| FCF Margin | 36.55% |
Dividends & Yields
This stock pays an annual dividend of $0.60, which amounts to a dividend yield of 1.13%.
| Dividend Per Share | $0.60 |
| Dividend Yield | 1.13% |
| Earnings Yield | 7.79% |
| FCF Yield | 9.33% |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | 14.56% |
| Buyback Yield | 0.48% |
| Shareholder Yield | 1.61% |
Analyst Forecast
The average price target for Ameris Bancorp is $45.80, which is -13.67% lower than the current price. The consensus rating is "Strong Buy".
| Price Target | $45.80 |
| Price Target Difference | -13.67% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on June 28, 2010. It was a forward split with a ratio of 211:210.
| Last Split Date | Jun 28, 2010 |
| Split Type | Forward |
| Split Ratio | 211:210 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 5 |