Ameris Bancorp (ABCB)
| Market Cap | 3.50B |
| Revenue (ttm) | 963.40M |
| Net Income (ttm) | 283.00M |
| Shares Out | 69.11M |
| EPS (ttm) | 4.10 |
| PE Ratio | 12.34 |
| Forward PE | 10.93 |
| Dividend | $0.60 (1.19%) |
| Ex-Dividend Date | Jun 28, 2024 |
| Volume | 175,769 |
| Open | 50.28 |
| Previous Close | 50.33 |
| Day's Range | 50.26 - 51.06 |
| 52-Week Range | 33.21 - 53.99 |
| Beta | 1.07 |
| Analysts | Strong Buy |
| Price Target | 52.00 (+2.75%) |
| Earnings Date | Jul 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. 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 commercial real estate, residential real estate mortgage, agricultural, and co... [Read more]
Financial Performance
In 2023, Ameris Bancorp's revenue was $935.22 million, a decrease of -7.75% compared to the previous year's $1.01 billion. Earnings were $269.11 million, a decrease of -22.35%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for ABCB stock is "Strong Buy." The 12-month stock price forecast is $52.0, which is an increase of 2.75% from the latest price.
News
AMERIS BANCORP TO ANNOUCE SECOND QUARTER 2024 EARNINGS ON JULY 25, 2024
ATLANTA , July 2, 2024 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") announced today that it intends to release its second quarter 2024 financial results in a press release after the m...
Ameris Bank Donates Record $2.23 million to Support 40 Rural Georgia Hospitals
ATLANTA , June 12, 2024 /PRNewswire/ -- Ameris Bank is donating $2.23 million to 40 rural hospitals in Georgia, as part of the Georgia HEART Hospital Program in 2024. Ameris has been participating in ...
Regional banks can 'earn their way out of risk' from commercial real estate: Janney's Chris Marinac
Chris Marinac, director of equity research at Janney Montgomery Scott, joins CNBC's 'The Exchange' to discuss why he disagrees with Moody's downgrade of some regional banks, how investors can position...
Ameris Bank Ranked Top 10 Mortgage Provider
ATLANTA , May 31, 2024 /PRNewswire/ -- Ameris Bank ranked among the Top 10 banks in the U.S. for the largest retail mortgage volume in the first quarter of this year, according to data reported by Nat...
Ameris Bank Names Volunteer of the Year Winners
ATLANTA , May 22, 2024 /PRNewswire/ -- Ameris Bank recently honored four members of the company for their extraordinary commitment to community service. "We encourage all teammates to give back to the...
AMERIS BANCORP ANNOUNCES FINANCIAL RESULTS FOR FIRST QUARTER 2024
Highlights of Ameris's results for the first quarter of 2024 include the following: Net income of $74.3 million, or $1.08 per diluted share; Adjusted net income(1) of $75.6 million, or $1.10 per dilut...
AMERIS BANCORP TO ANNOUCE FIRST QUARTER 2024 EARNINGS ON APRIL 25, 2024
ATLANTA , April 3, 2024 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") announced today that it intends to release its first quarter 2024 financial results in a press release after the m...
Brady Gailey Joins Ameris Bank as Executive Director of Corporate Development
ATLANTA , March 18, 2024 /PRNewswire/ -- Ameris Bank is pleased to announce Brady Gailey has joined the bank as Executive Director of Corporate Development, effective today. In this role, Gailey will ...
Ameris Bank Recognized for Excellence in Small Business Banking
ATLANTA , Feb. 23, 2024 /PRNewswire/ -- Ameris Bank has been recognized with five Greenwich Excellence Awards for Small Business Banking in 2023. Among more than 500 banks evaluated, Ameris Bank is on...
Ameris Bancorp Appoints Claire E. McLean to its Board of Directors
ATLANTA , Feb. 7, 2024 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) announced that Claire E. McLean has been appointed a director of the company, effective February 7, 2024.
AMERIS BANCORP ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS
Highlights of the Company's results for the full year 2023 include the following: Net income of $269.1 million, or $3.89 per diluted share Adjusted net income(1) of $276.3 million, or $4.00 per dilute...
Ameris Bank Launches Ameris Choice Home Mortgage Lending Program
Qualified applicants in Jacksonville, FL area eligible for up to $20,000 toward home purchase or refinance ATLANTA , Jan. 18, 2024 /PRNewswire/ -- Ameris Bank announced the launch of the Ameris Choice...
AMERIS BANCORP ANNOUNCES DATE OF FOURTH QUARTER 2023 EARNINGS RELEASE AND CONFERENCE CALL
ATLANTA , Jan. 4, 2024 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") announced today that it intends to release its fourth quarter and full year 2023 financial results in a press relea...
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...