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Ameris Bancorp (ABCB)

Stock Price: $25.82 USD 0.02 (0.08%)
Updated Aug 14, 2020 9:34 AM EDT - Market open

Stock Price Chart

Key Info

Market Cap 1.79B
Revenue (ttm) 804.58M
Net Income (ttm) 134.19M
Shares Out 69.49M
EPS (ttm) 1.92
PE Ratio 13.45
Forward PE 8.32
Dividend $0.60
Dividend Yield 2.32%

Stock Quote

Trading Day Aug 14, 2020
Last Price $25.82
Previous Close $25.80
Change ($) 0.02
Change (%) 0.08%
Day's Open 25.52
Day's Range 25.52 - 26.01
Day's Volume 5,192
52-Week Range 17.12 - 44.90

More Stats

Market Cap 1.79B
Enterprise Value 2.63B
Earnings Date (est) Oct 16, 2020
Ex-Dividend Date Mar 30, 2020
Shares Outstanding 69.49M
Float 65.50M
EPS (basic) 1.99
EPS (diluted) 1.92
FCF / Share -14.54
Dividend $0.60
Dividend Yield 2.32%
Earnings Yield 7.44%
FCF Yield n/a
Payout Ratio n/a
Shares Short 1.92M
Short Ratio 4.27
Short % of Float 3.09%
Beta 1.44
PE Ratio 13.45
Forward PE 8.32
P/FCF Ratio n/a
PS Ratio 2.23
PB Ratio 0.69
Revenue 804.58M
Operating Income 173.35M
Net Income 134.19M
Free Cash Flow -1.01B
Net Cash -833.13M
Net Cash / Share -11.99
Gross Margin 83.76%
Operating Margin 21.55%
Profit Margin 17.20%
FCF Margin -125.08%
ROA 0.85%
ROE 6.71%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (6)

Buy 5
Overweight 1
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$29.67*
(14.91% upside)
Low
27.0
Current: $25.82
High
35.0
Target: 29.67
*Average 12-month price target from 6 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue68444535632125620715114113474.00
Revenue Growth53.55%24.96%10.94%25.49%23.56%36.91%7.12%5.68%80.53%-
Gross Profit68444535632125620715114113474.00
Operating Income21215112410556.7456.2129.3021.7231.65-7.18
Net Income16112173.5572.1040.8538.7220.0214.4421.09-3.99
Shares Outstanding58.4643.1436.8334.3531.7625.9723.9223.8023.7523.63
Earnings Per Share2.752.801.982.081.271.460.750.460.76-0.35
EPS Growth-1.79%41.41%-4.81%63.78%-13.01%94.67%63.04%-39.47%--
Dividend Per Share0.500.400.400.300.200.15---0.12
Dividend Growth25%0%33.33%50%33.33%-----
Operating Cash Flow-940-109-62.56-69.77-25.22-5.6021.85-7.8346.1745.01
Capital Expenditures-5.99-9.42-3.74-10.68-12.33-4.50-3.52-8.47-10.85-3.48
Free Cash Flow-946-118-66.31-80.45-37.56-10.0918.33-16.3035.3141.53
Cash & Equivalents622680331198391170268274295336
Total Debt1,54726136763017221833492.3999.93154
Net Cash / Debt-925418-36.08-432218-47.16-65.62182195182
Assets18,24311,4447,8566,8925,5894,0373,6683,0192,9942,972
Liabilities15,7739,9877,0526,2465,0743,6713,3512,7402,7012,699
Book Value2,4701,456804646515366317279294273
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Ameris Bancorp
Country United States
Employees 2,645
CEO H. Palmer Proctor

Stock Information

Ticker Symbol ABCB
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: ABCB

Description

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 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; and municipal and commercial insurance premium finance loans. It operates 170 domestic banking offices and 31 mortgage and loan production offices. Ameris Bancorp was founded in 1971 and is headquartered in Atlanta, Georgia.