image
Financial Services - Banks - Regional - NASDAQ - US
$ 69.63
0.0144 %
$ 4.81 B
Market Cap
14.57
P/E
1. INTRINSIC VALUE

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. It offers commercial and retail checking, regular interest-bearing savings, money market, individual retirement, and certificates of deposit accounts. The company also provides commercial real estate, residential real estate mortgage, agricultural, and commercial and industrial loans; consumer loans, including motor vehicle, home improvement, and home equity loans, as well as loans secured by savings accounts and small unsecured personal credit lines.[ Read More ]

The intrinsic value of one ABCB stock under the base case scenario is HIDDEN Compared to the current market price of 69.6 USD, Ameris Bancorp is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart ABCB

image
FINANCIALS
937 M REVENUE
-13.66%
0 OPERATING INCOME
0.00%
269 M NET INCOME
-22.35%
569 M OPERATING CASH FLOW
-46.45%
-338 M INVESTING CASH FLOW
93.06%
-182 M FINANCING CASH FLOW
-20.98%
275 M REVENUE
-20.75%
0 OPERATING INCOME
0.00%
99.2 M NET INCOME
9.28%
102 M OPERATING CASH FLOW
205.26%
70 M INVESTING CASH FLOW
113.99%
-175 M FINANCING CASH FLOW
-23.41%
Balance Sheet Decomposition Ameris Bancorp
image
Current Assets 2.42 B
Cash & Short-Term Investments 1.17 B
Receivables 0
Other Current Assets 1.25 B
Non-Current Assets 25.3 B
Long-Term Investments 1.3 B
PP&E 266 M
Other Non-Current Assets 23.7 B
Current Liabilities 9.84 B
Accounts Payable 0
Short-Term Debt 0
Other Current Liabilities 9.84 B
Non-Current Liabilities 12.1 B
Long-Term Debt 640 M
Other Non-Current Liabilities 11.4 B
EFFICIENCY
Earnings Waterfall Ameris Bancorp
image
Revenue 937 M
Cost Of Revenue -586 M
Gross Profit 1.52 B
Operating Expenses 1.04 B
Operating Income 0
Other Expenses -269 M
Net Income 269 M
RATIOS
162.55% GROSS MARGIN
162.55%
0.00% OPERATING MARGIN
0.00%
28.72% NET MARGIN
28.72%
7.85% ROE
7.85%
1.06% ROA
1.06%
0.00% ROIC
0.00%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Ameris Bancorp
image
Net Income 269 M
Depreciation & Amortization 48.7 M
Capital Expenditures -17.5 M
Stock-Based Compensation 9.95 M
Change in Working Capital 32.9 M
Others 233 M
Free Cash Flow 551 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Ameris Bancorp
image
Wall Street analysts predict an average 1-year price target for ABCB of $60.5 , with forecasts ranging from a low of $54 to a high of $67 .
ABCB Lowest Price Target Wall Street Target
54 USD -22.45%
ABCB Average Price Target Wall Street Target
60.5 USD -13.11%
ABCB Highest Price Target Wall Street Target
67 USD -3.78%
4. DIVIDEND ANALYSIS
0.24% DIVIDEND YIELD
0.15 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Ameris Bancorp
image
Sold
0-3 MONTHS
559 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
355 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 week ago
Nov 06, 2024
Sell 559 K USD
Ezzell Robert Dale
Director
- 8000
69.9064 USD
8 months ago
Mar 07, 2024
Sell 355 K USD
EDWARDS JON S
Chief Credit Officer
- 7500
47.3468 USD
1 year ago
May 23, 2023
Bought 250 K USD
Choate William Millard
Director
+ 7490
33.3809 USD
1 year ago
May 17, 2023
Bought 30.1 K USD
McKendry William D
Chief Risk Officer
+ 1000
30.14 USD
1 year ago
May 15, 2023
Bought 297 K USD
LaHaise James A
Chief Strategy Officer
+ 10000
29.6519 USD
1 year ago
May 10, 2023
Bought 29.1 K USD
Stokes Nicole S
CFO
+ 1000
29.07 USD
1 year ago
May 10, 2023
Bought 293 K USD
PROCTOR H PALMER JR
CEO
+ 10000
29.251 USD
1 year ago
May 01, 2023
Bought 330 K USD
LaHaise James A
Chief Strategy Officer
+ 10000
33.0287 USD
1 year ago
Mar 10, 2023
Bought 27.6 K USD
Bowen William I. Jr.
Director
+ 670
41.2 USD
1 year ago
Nov 21, 2022
Sell 58.1 K USD
Veal Jimmy D
Director
- 1120
51.8688 USD
1 year ago
Nov 21, 2022
Sell 42 K USD
Veal Jimmy D
Director
- 810
51.8882 USD
2 years ago
Nov 07, 2022
Sell 109 K USD
McKendry William D
Chief Risk Officer
- 2090
51.9469 USD
2 years ago
Nov 07, 2022
Sell 47.3 K USD
McKendry William D
Chief Risk Officer
- 910
51.9919 USD
2 years ago
Nov 02, 2022
Sell 404 K USD
Choate William Millard
Director
- 8000
50.534 USD
2 years ago
May 11, 2022
Bought 9.98 K USD
Stokes Nicole S
CFO
+ 240
41.6 USD
2 years ago
Dec 10, 2021
Sell 42.5 K USD
Veal Jimmy D
Director
- 873
48.6483 USD
2 years ago
Dec 10, 2021
Sell 4.87 K USD
Veal Jimmy D
Director
- 100
48.655 USD
2 years ago
Dec 10, 2021
Sell 35.7 K USD
Veal Jimmy D
Director
- 733
48.64 USD
3 years ago
Jul 27, 2021
Bought 117 K USD
PROCTOR H PALMER JR
CEO
+ 2500
46.7093 USD
3 years ago
May 07, 2021
Sell 570 K USD
Ezzell Robert Dale
Director
- 10000
56.9665 USD
3 years ago
Feb 05, 2021
Sell 262 K USD
EDWARDS JON S
EVP/CCO
- 6000
43.74 USD
3 years ago
Dec 16, 2020
Sell 309 K USD
Choate William Millard
Director
- 8000
38.636 USD
4 years ago
Aug 03, 2020
Bought 35.2 K USD
McCague Elizabeth A
Director
+ 1500
23.437 USD
4 years ago
Mar 17, 2020
Sell 192 K USD
Choate William Millard
Director
- 8000
23.9937 USD
4 years ago
Mar 13, 2020
Bought 128 K USD
LYNCH ROBERT P
Director
+ 5000
25.5 USD
4 years ago
Mar 13, 2020
Bought 51 K USD
Pierson Michael T
EVP & Chief Operations Officer
+ 2000
25.475 USD
4 years ago
Mar 13, 2020
Bought 138 K USD
PROCTOR H PALMER JR
President & CEO
+ 5649
24.3604 USD
4 years ago
Mar 13, 2020
Bought 9.74 K USD
PROCTOR H PALMER JR
President & CEO
+ 400
24.34 USD
4 years ago
Mar 13, 2020
Bought 18.9 K USD
PROCTOR H PALMER JR
President & CEO
+ 775
24.33 USD
4 years ago
Mar 13, 2020
Bought 7 K USD
PROCTOR H PALMER JR
President & CEO
+ 288
24.31 USD
4 years ago
Mar 13, 2020
Bought 33.7 K USD
PROCTOR H PALMER JR
President & CEO
+ 1388
24.3 USD
4 years ago
Mar 13, 2020
Bought 7.29 K USD
PROCTOR H PALMER JR
President & CEO
+ 300
24.29 USD
4 years ago
Mar 13, 2020
Bought 2.43 K USD
PROCTOR H PALMER JR
President & CEO
+ 100
24.28 USD
4 years ago
Mar 13, 2020
Bought 4.85 K USD
PROCTOR H PALMER JR
President & CEO
+ 200
24.27 USD
4 years ago
Mar 13, 2020
Bought 2.43 K USD
PROCTOR H PALMER JR
President & CEO
+ 100
24.26 USD
4 years ago
Mar 13, 2020
Bought 14.6 K USD
PROCTOR H PALMER JR
President & CEO
+ 600
24.25 USD
4 years ago
Mar 13, 2020
Bought 2.42 K USD
PROCTOR H PALMER JR
President & CEO
+ 100
24.24 USD
4 years ago
Mar 13, 2020
Bought 2.42 K USD
PROCTOR H PALMER JR
President & CEO
+ 100
24.21 USD
4 years ago
Mar 11, 2020
Bought 4.23 K USD
Bowen William I. Jr.
Director
+ 160
26.425 USD
4 years ago
Mar 11, 2020
Bought 14.4 K USD
Bowen William I. Jr.
Director
+ 530
27.26 USD
4 years ago
Mar 12, 2020
Bought 20.1 K USD
Creasy Ross L
EVP & Chief Innovation Officer
+ 850
23.6698 USD
4 years ago
Mar 11, 2020
Bought 15.5 K USD
Ezzell Robert Dale
Director
+ 600
25.821 USD
4 years ago
Mar 11, 2020
Bought 10.3 K USD
Ezzell Robert Dale
Director
+ 400
25.8299 USD
4 years ago
Mar 11, 2020
Bought 10.3 K USD
LYNCH ROBERT P
Director
+ 400
25.75 USD
4 years ago
Mar 11, 2020
Bought 88.6 K USD
LYNCH ROBERT P
Director
+ 3441
25.74 USD
4 years ago
Mar 11, 2020
Bought 515 USD
LYNCH ROBERT P
Director
+ 20
25.73 USD
4 years ago
Mar 11, 2020
Bought 2.73 K USD
LYNCH ROBERT P
Director
+ 106
25.72 USD
4 years ago
Mar 11, 2020
Bought 2.57 K USD
LYNCH ROBERT P
Director
+ 100
25.71 USD
4 years ago
Mar 11, 2020
Bought 21.1 K USD
LYNCH ROBERT P
Director
+ 820
25.7 USD
4 years ago
Mar 11, 2020
Bought 2.9 K USD
LYNCH ROBERT P
Director
+ 113
25.675 USD
4 years ago
Mar 11, 2020
Bought 24 K USD
McKendry William D
EVP & CRO
+ 900
26.72 USD
4 years ago
Mar 11, 2020
Bought 24 K USD
McKendry William D
EVP & CRO
+ 900
26.72 USD
4 years ago
Feb 04, 2020
Bought 100 K USD
McCague Elizabeth A
Director
+ 2440
41.02 USD
4 years ago
Feb 04, 2020
Bought 100 K USD
McCague Elizabeth A
Director
+ 2440
41.02 USD
4 years ago
Dec 06, 2019
Sell 1.62 M USD
LaHaise James A
Corporate Banking Executive
- 37781
43 USD
4 years ago
Dec 11, 2019
Sell 366 K USD
EDWARDS JON S
EVP/CCO
- 8500
43.02 USD
4 years ago
Dec 12, 2019
Sell 13.3 K USD
Veal Jimmy D
Director
- 301
44.19 USD
5 years ago
Jun 11, 2019
Bought 30 K USD
McCague Elizabeth A
Director
+ 800
37.5 USD
5 years ago
Jan 28, 2019
Bought 18.3 K USD
Bowen William I. Jr.
Director
+ 500
36.69 USD
6 years ago
Aug 24, 2018
Bought 50.2 K USD
McCague Elizabeth A
Director
+ 1000
50.2 USD
6 years ago
Aug 24, 2018
Bought 50 K USD
McCague Elizabeth A
Director
+ 1000
50.05 USD
6 years ago
Aug 01, 2018
Bought 4.82 K USD
Bowen William I. Jr.
Director
+ 100
48.21 USD
6 years ago
Aug 02, 2018
Bought 627 USD
HILL LEO J
Director
+ 13
48.25 USD
6 years ago
Aug 02, 2018
Bought 4.87 K USD
HILL LEO J
Director
+ 101
48.25 USD
6 years ago
Aug 02, 2018
Bought 18.6 K USD
HILL LEO J
Director
+ 386
48.25 USD
6 years ago
Aug 02, 2018
Bought 23.9 K USD
HILL LEO J
Director
+ 500
47.75 USD
6 years ago
Aug 01, 2018
Bought 19.4 K USD
HILL LEO J
Director
+ 400
48.5 USD
6 years ago
Aug 01, 2018
Bought 4.85 K USD
HILL LEO J
Director
+ 100
48.5 USD
6 years ago
Aug 01, 2018
Bought 24.5 K USD
HILL LEO J
Director
+ 500
49 USD
6 years ago
May 21, 2018
Sell 385 K USD
Ezzell Robert Dale
Director
- 6800
56.6 USD
7 years ago
Sep 07, 2017
Bought 36.2 K USD
HILL LEO J
Director
+ 846
42.75 USD
7 years ago
Sep 06, 2017
Bought 6.58 K USD
HILL LEO J
Director
+ 154
42.75 USD
7 years ago
Sep 07, 2017
Bought 19.8 K USD
HILL LEO J
Director
+ 467
42.5 USD
6 years ago
Mar 12, 2018
Sell 575 K USD
HORTMAN EDWIN W JR
Exec Chairmain, President&CEO
- 10000
57.49 USD
6 years ago
Mar 06, 2018
Sell 564 K USD
HORTMAN EDWIN W JR
Exec Chairmain, President&CEO
- 10000
56.35 USD
6 years ago
Mar 07, 2018
Sell 584 K USD
HORTMAN EDWIN W JR
Exec Chairmain, President&CEO
- 10336
56.46 USD
6 years ago
Feb 28, 2018
Sell 536 K USD
HORTMAN EDWIN W JR
Exec Chairmain, President&CEO
- 10000
53.58 USD
6 years ago
Feb 14, 2018
Sell 43.7 K USD
Bassett Lawton E III
President
- 823
53.1487 USD
6 years ago
Feb 02, 2018
Sell 274 K USD
Zember Dennis J JR
EVP & COO
- 5000
54.8118 USD
6 years ago
Dec 13, 2017
Sell 661 K USD
LaHaise James A
Corporate Banking Executive
- 14200
46.5794 USD
6 years ago
Dec 14, 2017
Sell 39.6 K USD
LaHaise James A
Corporate Banking Executive
- 835
47.4 USD
7 years ago
Sep 12, 2017
Sell 430 K USD
Veal Jimmy D
Director
- 10000
42.9881 USD
7 years ago
Sep 07, 2017
Bought 36.2 K USD
HILL LEO J
Director
+ 846
42.75 USD
7 years ago
Sep 06, 2017
Bought 6.58 K USD
HILL LEO J
Director
+ 154
42.75 USD
7 years ago
Aug 01, 2017
Bought 11.5 K USD
Bowen William I. Jr.
Director
+ 250
46.0651 USD
7 years ago
Aug 01, 2017
Bought 2.31 K USD
Bowen William I. Jr.
Director
+ 50
46.195 USD
7 years ago
Jun 08, 2017
Sell 1.28 M USD
HORTMAN EDWIN W JR
President & CEO
- 27459
46.6863 USD
7 years ago
Jun 08, 2017
Sell 147 K USD
LEWIS CINDI H
EVP & CAO
- 3200
46.0023 USD
7 years ago
May 31, 2017
Bought 21.5 K USD
HILL LEO J
Director
+ 500
43 USD
7 years ago
May 16, 2017
Bought 13.2 K USD
Bowen William I. Jr.
Director
+ 300
44.0659 USD
7 years ago
May 08, 2017
Bought 49.8 K USD
McCague Elizabeth A
Director
+ 1060
47 USD
7 years ago
May 04, 2017
Sell 474 K USD
HORTMAN EDWIN W JR
President & CEO
- 9963
47.5412 USD
7 years ago
May 05, 2017
Sell 217 K USD
HORTMAN EDWIN W JR
President & CEO
- 4615
47.0033 USD
7 years ago
May 04, 2017
Sell 616 K USD
EDWARDS JON S
EVP & CRO
- 13033
47.2266 USD
7 years ago
May 04, 2017
Sell 246 K USD
Bassett Lawton E III
President
- 5204
47.2266 USD
7 years ago
May 01, 2017
Sell 711 K USD
Zember Dennis J JR
EVP & COO
- 15000
47.379 USD
7 years ago
Jan 23, 2017
Bought 43.3 K USD
Bowen William I. Jr.
Director
+ 1000
43.2566 USD
7 years ago
Jan 23, 2017
Bought 2.14 K USD
Bowen William I. Jr.
Director
+ 50
42.7 USD
8 years ago
May 09, 2016
Bought 10.4 K USD
Zember Dennis J JR
EVP & CFO
+ 514
20.18 USD
7. News
Emily Dawkins Named as Florida President of Ameris Bank ATLANTA--(BUSINESS WIRE)--Ameris Bank announced today that Emily Dawkins has joined the company as Florida president of Ameris Bank. In this role, Dawkins will be responsible for the continued development and expansion of Ameris Bank's presence throughout Florida, while also accelerating the bank's commitment to commercial and individual customers through its expansive commercial lending, treasury and traditional banking offerings. Dawkins replaces Brian Parks, who has been promoted to head of. businesswire.com - 1 week ago
Ameris Bancorp (ABCB) Q3 2024 Earnings Call Transcript Ameris Bancorp (NYSE:ABCB ) Q3 2024 Earnings Conference Call October 25, 2024 9:00 AM ET Company Participants Nicole Stokes - CFO Palmer Proctor - CEO Doug Strange - CCO Conference Call Participants Will Jones - KBW Christopher Marinac - Janney Russell Gunther - Stephens Manuel Navas - D.A. Davidson David Feaster - Raymond James Brandon King - Truist Securities Operator Good day, and welcome to the Ameris Bancorp Third Quarter Earnings Conference Call. seekingalpha.com - 3 weeks ago
Ameris Bancorp (ABCB) Reports Q3 Earnings: What Key Metrics Have to Say The headline numbers for Ameris Bancorp (ABCB) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 3 weeks ago
Ameris Bancorp (ABCB) Q3 Earnings Top Estimates Ameris Bancorp (ABCB) came out with quarterly earnings of $1.38 per share, beating the Zacks Consensus Estimate of $1.26 per share. This compares to earnings of $1.16 per share a year ago. zacks.com - 3 weeks ago
Ameris Bancorp Announces Financial Results for Third Quarter 2024 ATLANTA--(BUSINESS WIRE)--Ameris Bancorp (NYSE: ABCB) (the “Company”) today reported net income of $99.2 million, or $1.44 per diluted share, for the quarter ended September 30, 2024, compared with $80.1 million, or $1.16 per diluted share, for the quarter ended September 30, 2023. Excluding the gain on sale of MSRs and natural disaster expenses, adjusted net income(1) was $95.2 million, or $1.38 per diluted share, for the quarter ended September 30, 2024, compared with $80.1 million, or $1.16. businesswire.com - 3 weeks ago
Ameris Bancorp (ABCB) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures Evaluate the expected performance of Ameris Bancorp (ABCB) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight. zacks.com - 3 weeks ago
Ameris Bancorp (ABCB) Earnings Expected to Grow: Should You Buy? 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. zacks.com - 1 month ago
Why Ameris Bancorp (ABCB) is Poised to Beat Earnings Estimates Again Ameris Bancorp (ABCB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. zacks.com - 1 month ago
AMERIS BANCORP TO ANNOUNCE THIRD QUARTER 2024 EARNINGS ON OCTOBER 24, 2024 ATLANTA , Oct. 1, 2024 /PRNewswire/ -- Ameris Bancorp (NYSE: ABCB) (the "Company") announced today that it intends to release its third quarter 2024 financial results in a press release after the market closes on Thursday, October 24, 2024. H. Palmer Proctor, Jr., Chief Executive Officer, Nicole S. prnewswire.com - 1 month ago
Is Ameris Bancorp (ABCB) Stock Outpacing Its Finance Peers This Year? Here is how Ameris Bancorp (ABCB) and Palomar (PLMR) have performed compared to their sector so far this year. zacks.com - 1 month ago
AMERIS BANCORP ANNOUNCES QUARTERLY DIVIDEND ATLANTA , Sept. 19, 2024 /PRNewswire/ -- The board of directors of Ameris Bancorp (NYSE: ABCB) (the "Company") has declared a dividend of $0.15 per share of the Company's common stock, payable on October 7, 2024, to shareholders of record as of September 30, 2024. prnewswire.com - 1 month ago
Ameris Bancorp (ABCB) Is Up 2.87% in One Week: What You Should Know Does Ameris Bancorp (ABCB) have what it takes to be a top stock pick for momentum investors? Let's find out. zacks.com - 2 months ago
8. Profile Summary

Ameris Bancorp ABCB

image
COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 4.81 B
Dividend Yield 0.24%
Description 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. It offers commercial and retail checking, regular interest-bearing savings, money market, individual retirement, and certificates of deposit accounts. The company also provides commercial real estate, residential real estate mortgage, agricultural, and commercial and industrial loans; consumer loans, including motor vehicle, home improvement, and home equity loans, as well as loans secured by savings accounts and small unsecured personal credit lines. In addition, it originates, administers, and services commercial insurance premium loans and small business administration loans. The company operates 165 full service domestic banking offices and 35 mortgage and loan production offices. Ameris Bancorp was founded in 1971 and is headquartered in Atlanta, Georgia.
Contact 3490 Piedmont Road NE, Atlanta, GA, 30305 https://www.amerisbank.com
IPO Date May 19, 1994
Employees 2733
Officers Mr. Lawton E. Bassett III Corporate Executive Vice President & Chief Banking Officer Mr. Ross L. Creasy Corporate Executive Vice President & Chief Information Officer Mr. Jody L. Spencer Esq., J.D. Corporate Executive Vice President & Chief Legal Officer Mr. Douglas D. Strange Executive Vice President & Chief Credit Officer Mr. James B. Miller Jr. Executive Chairman Mr. H. Palmer Proctor Jr. Vice Chairman & Chief Executive Officer Ms. Nicole S. Stokes CPA Corporate Executive Vice President & Chief Financial Officer Ross McWilliams Executive Vice President & Managing Director in Homebuilder Division Mr. William D. McKendry Corporate Executive Vice President & Chief Risk Officer Mr. James Allan LaHaise III Corporate Executive Vice President & Chief Strategy Officer