Ameris Bancorp (ABCB)
| Market Cap | 3.51B |
| Revenue (ttm) | 866.54M |
| Net Income (ttm) | 228.95M |
| Shares Out | 69.23M |
| EPS (ttm) | 3.77 |
| PE Ratio | 13.33 |
| Forward PE | 12.85 |
| Dividend | $0.60 |
| Dividend Yield | 1.19% |
| Trading Day | February 24 |
| Last Price | $50.24 |
| Previous Close | $49.08 |
| Change ($) | 1.16 |
| Change (%) | 2.36% |
| Day's Open | 49.54 |
| Day's Range | 49.50 - 50.61 |
| Day's Volume | 402,812 |
| 52-Week Range | 16.82 - 50.61 |
As of late, it has definitely been a great time to be an investor in Ameris Bancorp (ABCB).
Ameris (ABCB) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Ameris Bancorp (ABCB) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The net income ratio gives us the exact profitability level of a company. It reflects the percentage of net income to total sales revenues.
Ameris Bancorp (ABCB) CEO Palmer Proctor on Q4 2020 Results - Earnings Call Transcript
Ameris Bancorp (ABCB) delivered earnings and revenue surprises of 25.64% and 0.42%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
ATLANTA, Jan. 28, 2021 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") today reported net income of $94.3 million, or $1.36 per diluted share, for the quarter ended December 31, ...
ATLANTA, Jan. 7, 2021 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") announced today that it intends to release its fourth quarter and full year 2020 financial results in a pres...
Investors always look for companies with a high level of profitability regardless of the ongoing market condition.
Ameris Bancorp (ABCB) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
A Relative Strength Rating upgrade for Ameris Bancorp shows improving technical performance. The post Stocks Showing Rising Market Leadership: Ameris Bancorp Earns 83 RS Rating appeared first ...
A high net income ratio shows that the company is able to effectively manage all its business activities.
Ameris (ABCB) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Profitability analysis is the best tool to measure the ability of a company to offer sturdy returns to investors even after meeting all its operating and non-operating costs.
The financial sector could be a major beneficiary of a widely available vaccine.
Ameris Bancorp (ABCB) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
With consumer borrowing ticking up in September and credit card borrowings and vehicle loans gaining steam, it might be prudent to look at prominent banking names like Ameris Bancorp (ABCB) an...
Ameris Bancorp (ABCB) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Top Ranked Momentum Stocks to Buy for November 5th
Net income ratio gives us the exact profitability level of a company. It reflects the percentage of net income to total sales revenues.
Ameris Bancorp (ABCB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Ameris Bancorp (ABCB) CEO Palmer Proctor on Q3 2020 Results - Earnings Call Transcript
Ameris Bancorp (ABCB) delivered earnings and revenue surprises of 87.78% and 18.11%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the st...
ATLANTA, Oct. 22, 2020 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") today reported net income of $116.1 million, or $1.67 per diluted share, for the quarter ended September 30...
Ameris Bancorp (ABCB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
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.
ATLANTA, Sept. 28, 2020 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB), the parent holding company of Ameris Bank, announced today the closing of its underwritten public offering of $110 millio...
ATLANTA, Sept. 23, 2020 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB), the parent holding company of Ameris Bank, announced today that it has priced the underwritten public offering of $110 mi...
ATLANTA, Sept. 10, 2020 /PRNewswire/ -- Ameris Bancorp (NASDAQ: ABCB), the parent company of Ameris Bank, announces growth strategies in high-impact markets – including building and deepening ...
ATLANTA, Aug. 25, 2020 /PRNewswire/ -- Ameris Bancorp (NASDAQ: ABCB), the parent company of Ameris Bank, announced today that Karlene Gordon has been promoted to be the bank's diversity and in...
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...
Ameris Bancorp (ABCB) CEO Palmer Proctor on Q2 2020 Results - Earnings Call Transcript
Ameris Bancorp (ABCB) delivered earnings and revenue surprises of 1.67% and 30.06%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Ameris Bancorp (NASDAQ:ABCB) remained unaffected after the company reported Q2 results.
ATLANTA, July 27, 2020 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") today reported net income of $32.2 million, or $0.47 per diluted share, for the quarter ended June 30, 2020...
Ameris Bancorp (ABCB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ATLANTA, May 26, 2020 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") announced today that in response to continued public health precautions regarding in-person gatherings given...
Ameris Bancorp (ABCB) CEO Palmer Proctor on Q1 2020 Results - Earnings Call Transcript
Ameris Bancorp (ABCB) delivered earnings and revenue surprises of -25.33% and -1.52%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
While lower rates and rise in provisions are expected to have hurt banks' earnings in the first quarter, improved trading and mortgage banking performances, and decent lending activities are l...
Ameris Bancorp (ABCB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
In the long-run, does consistent market timing really matter to be a successful investor?
Ameris Bancorp (ABCB) CEO Palmer Proctor on Q4 2019 Results - Earnings Call Transcript
Ameris Bancorp (ABCB) delivered earnings and revenue surprises of 0.00% and -1.58%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Ameris Bancorp (ABCB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Benjamin Graham, the pioneer of value investing, suggested looking for securities which have a Graham blended multiplier (price-earnings ratio multiplied by price-book ratio) of less than 22.5...
Ameris Bancorp (ABCB) CEO Palmer Proctor on Q3 2019 - Earnings Call Transcript
Ameris Bancorp (ABCB) delivered earnings and revenue surprises of 3.16% and 5.60%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Earnings of banks are expected to have been decent in the third quarter amid a tough operating backdrop.
About ABCB
Ameris Bancorp operates as the bank holding company for Ameris Bank that provides banking services to retail and commercial customers primarily in Georgia, Alabama, Florida, 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 est... [Read more...]
| Industry Banks-Regional | Founded 1971 |
| CEO H. Palmer Proctor | Employees 2,671 |
| Stock Exchange NASDAQ | Ticker Symbol ABCB |
Financial Performance
In 2019, Ameris Bancorp's revenue was $683.52 million, an increase of 53.55% compared to the previous year's $445.14 million. Earnings were $161.44 million, an increase of 33.39%.
Analyst Forecasts
According to 7 analysts, the average rating for Ameris Bancorp stock is "Strong Buy." The 12-month stock price forecast is 47.79, which is a decrease of -4.88% from the latest price.