Ameris Bancorp (ABCB)

NASDAQ: ABCB · IEX Real-Time Price · USD
37.18
-0.23 (-0.61%)
Sep 22, 2023, 4:00 PM EDT - Market closed
-0.61%
Market Cap 2.57B
Revenue (ttm) 949.59M
Net Income (ttm) 297.83M
Shares Out 69.14M
EPS (ttm) 4.30
PE Ratio 8.65
Forward PE 8.18
Dividend $0.60 (1.61%)
Ex-Dividend Date Sep 28, 2023
Volume 326,228
Open 37.50
Previous Close 37.41
Day's Range 36.77 - 37.79
52-Week Range 28.33 - 54.24
Beta 1.16
Analysts Buy
Price Target 49.80 (+33.94%)
Earnings Date Oct 26, 2023

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]

Sector Financials
Founded 1971
Employees 2,801
Stock Exchange NASDAQ
Ticker Symbol ABCB
Full Company Profile

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 Statements

Analyst Forecast

According to 6 analysts, the average rating for ABCB stock is "Buy." The 12-month stock price forecast is $49.8, which is an increase of 33.94% from the latest price.

Price Target
$49.8
(33.94% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

Other symbols: BACBKCCFGCOFFITBGS
3 months ago - CNBC Television

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...

5 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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%...

8 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

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...

11 months ago - PRNewsWire

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...

1 year ago - PRNewsWire

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 ...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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 ...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

AMERIS BANCORP ANNOUNCES RECORD 2021 FINANCIAL RESULTS

ATLANTA, Jan. 27, 2022 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") today reported record  2021 net income of $376.9 million, or $5.40 per diluted share, compared with $262.0 million,...

1 year ago - PRNewsWire

AMERIS BANCORP ANNOUNCES DATE OF FOURTH QUARTER 2021 EARNINGS RELEASE AND CONFERENCE CALL

ATLANTA , Jan. 6, 2022 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") announced today that it intends to release its fourth quarter and full year 2021 financial results in a press relea...

1 year ago - PRNewsWire

AMERIS BANK ACQUIRES BALBOA CAPITAL CORPORATION, A PREMIER ONLINE PROVIDER OF BUSINESS LENDING SOLUTIONS

ATLANTA, Dec. 13, 2021 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) today announced that its banking subsidiary, Ameris Bank, has acquired Balboa Capital Corporation, an online provider of business l...

1 year ago - PRNewsWire

Bernard Horn's Top 5 Trades of the 3rd Quarter

Bernard Horn (Trades, Portfolio), manager of the Polaris Global Value Fund, disclosed this week that his firm's top five trades included new positions in Alrosa PJSC ( MIC:ALRS , Financial) and Discov...

1 year ago - GuruFocus

Ameris Bancorp Announces Financial Results For Third Quarter 2021

ATLANTA, Oct. 28, 2021 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") today reported net income of $81.7 million, or $1.17 per diluted share, for the quarter ended September 30, 2021, c...

2 years ago - PRNewsWire

Ameris Bancorp's Earnings: A Preview

Ameris Bancorp (NASDAQ:ABCB) is set to give its latest quarterly earnings report on Thursday, 2021-10-28. Here's what investors need to know before the announcement.

2 years ago - Benzinga

Ameris Bancorp Announces Date Of Third Quarter 2021 Earnings Release And Conference Call

ATLANTA, Oct. 12, 2021 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") announced today that it intends to release its third quarter 2021 financial results in a press release after the ma...

2 years ago - PRNewsWire

Ameris: Q2 Earnings Insights

Shares of Ameris (NASDAQ:ABCB) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 104.92% over the past year to $1.25, which beat t...

2 years ago - Benzinga