Ameris Bancorp (ABCB)

NYSE: ABCB · Real-Time Price · USD
60.00
0.00 (0.00%)
Oct 2, 2024, 4:00 PM EDT - Market closed
0.00%
Market Cap 4.13B
Revenue (ttm) 1.02B
Net Income (ttm) 311.15M
Shares Out 68.81M
EPS (ttm) 4.50
PE Ratio 13.33
Forward PE 12.39
Dividend $0.60 (1.00%)
Ex-Dividend Date Sep 30, 2024
Volume 405,048
Open 59.80
Previous Close 60.00
Day's Range 59.66 - 61.06
52-Week Range 34.26 - 65.40
Beta 1.02
Analysts Buy
Price Target 64.67 (+7.78%)
Earnings Date Oct 24, 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]

Sector Financials
Founded 1971
Employees 2,765
Stock Exchange NYSE
Ticker Symbol ABCB
Full Company Profile

Financial Performance

In 2023, Ameris Bancorp's revenue was $937.12 million, a decrease of -5.53% compared to the previous year's $991.97 million. Earnings were $269.11 million, a decrease of -22.35%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for ABCB stock is "Buy." The 12-month stock price forecast is $64.67, which is an increase of 7.78% from the latest price.

Price Target
$64.67
(7.78% upside)
Analyst Consensus: Buy
Stock Forecasts

News

AMERIS BANCORP TO ANNOUNCE THIRD QUARTER 2024 EARNINGS ON OCTOBER 24, 2024

ATLANTA , Oct. 1, 2024 /PRNewswire/ -- Ameris Bancorp (NYSE: ABCB) (the "Company") announced today that it intends to release its third quarter 2024 financial results in a press release after the mark...

1 day ago - PRNewsWire

AMERIS BANCORP ANNOUNCES QUARTERLY DIVIDEND

ATLANTA , Sept. 19, 2024 /PRNewswire/ -- The board of directors of Ameris Bancorp (NYSE: ABCB) (the "Company") has declared a dividend of $0.15 per share of the Company's common stock, payable on Octo...

13 days ago - PRNewsWire

Ameris Bank CISO Jorge Perez Named Among Top Hispanic Professionals in Technology

ATLANTA , Sept. 13, 2024 /PRNewswire/ -- Ameris Bank is pleased to announce Jorge Perez, Ameris Bank's corporate information security officer, has been recognized in the esteemed 2025 HITEC 100 list h...

19 days ago - PRNewsWire

Ameris Bank Expands Commercial Industry Expertise with Key Hires

ATLANTA , Aug. 21, 2024 /PRNewswire/ -- Ameris Bank recently welcomed two commercial banking industry veterans to its well-established team. Bill Kilburg joins Ameris as senior vice president, relatio...

6 weeks ago - PRNewsWire

Ameris Bancorp: Strong Earnings, But Keeping An Eye On The Loan Book

Ameris Bancorp reported an increase in net interest income in Q2. The bank recorded a net profit of $90.8M in Q2, with a payout ratio of less than 13% based on H1 earnings. Ameris Bancorp has good liq...

6 weeks ago - Seeking Alpha

Ameris Bank Hires Jorge Perez as Corporate Information Security Officer

ATLANTA , Aug. 7, 2024 /PRNewswire/ -- Ameris Bank is pleased to welcome Jorge Perez as Corporate Information Security Officer (CISO), reporting to Chief Information Officer Ross Creasy. "Jorge is a p...

2 months ago - PRNewsWire

Congressman Buddy Carter sells up to $1 million in Ameris Bancorp stock before earnings report: What's behind the move?

Congressman Buddy Carter sold a milion dollars worth of Ameris Bancorp stock just before earnings. The bank is headquartered in the same state that he represents.

2 months ago - Invezz

Ameris Bancorp (ABCB) Q2 2024 Earnings Call Transcript

Ameris Bancorp (NYSE:ABCB) Q2 2024 Earnings Conference Call July 26, 2024 9:00 AM ET Company Participants Nicole Stokes - Chief Financial Officer Palmer Proctor - Chief Executive Officer Doug Strange...

2 months ago - Seeking Alpha

AMERIS BANCORP ANNOUNCES FINANCIAL RESULTS FOR SECOND QUARTER 2024

Highlights of Ameris's results for the second quarter of 2024 include the following: Net income of $90.8 million, or $1.32 per diluted share; Adjusted net income(1) of $80.8 million, or $1.17 per dilu...

2 months ago - PRNewsWire

AMERIS BANCORP ANNOUNCES TRANSFER OF LISTING OF COMMON STOCK TO THE NEW YORK STOCK EXCHANGE

ATLANTA , July 12, 2024 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company" or "Ameris") announced today that it is transferring the listing of its common stock to the New York Stock Exchange...

2 months ago - PRNewsWire

Three Ameris Bankers Named Among Top Hispanic Mortgage Originators

ATLANTA , July 3, 2024 /PRNewswire/ -- The National Association of Hispanic Real Estate Professionals named three Ameris Bank mortgage originators to the 2024 Top 250 Mortgage Originators List. The As...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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 ...

4 months ago - PRNewsWire

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...

Other symbols: FCNCAFITBKRESNV
4 months ago - CNBC Television

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

Ameris Bancorp (ABCB) Q1 2024 Earnings Call Transcript

Ameris Bancorp (NASDAQ:ABCB) Q1 2024 Earnings Conference Call April 26, 2024 9:00 AM ET Company Participants Nicole Stokes - Chief Financial Officer Palmer Proctor - Chief Executive Officer Doug Stra...

5 months ago - Seeking Alpha

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...

5 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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 ...

7 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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.

8 months ago - PRNewsWire

Ameris Bancorp (ABCB) Q4 2023 Earnings Call Transcript

Ameris Bancorp (ABCB) Q4 2023 Earnings Call Transcript

8 months ago - Seeking Alpha

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...

8 months ago - PRNewsWire

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...

9 months ago - PRNewsWire