Ameris Bancorp (ABCB)
| 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]
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 StatementsAnalyst 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.
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...
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...
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...
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...
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%...
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...
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...
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...
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 ...
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...
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...
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...
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...
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 ...
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...
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,...
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...
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...
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...
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...
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.
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...
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...