Ameris Bancorp (ABCB)
Stock Price:
$25.82 USD
0.02 (0.08%)
Updated Aug 14, 2020 9:34 AM EDT - Market open
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 |
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
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 684 | 445 | 356 | 321 | 256 | 207 | 151 | 141 | 134 | 74.00 |
| Revenue Growth | 53.55% | 24.96% | 10.94% | 25.49% | 23.56% | 36.91% | 7.12% | 5.68% | 80.53% | - |
| Gross Profit | 684 | 445 | 356 | 321 | 256 | 207 | 151 | 141 | 134 | 74.00 |
| Operating Income | 212 | 151 | 124 | 105 | 56.74 | 56.21 | 29.30 | 21.72 | 31.65 | -7.18 |
| Net Income | 161 | 121 | 73.55 | 72.10 | 40.85 | 38.72 | 20.02 | 14.44 | 21.09 | -3.99 |
| Shares Outstanding | 58.46 | 43.14 | 36.83 | 34.35 | 31.76 | 25.97 | 23.92 | 23.80 | 23.75 | 23.63 |
| Earnings Per Share | 2.75 | 2.80 | 1.98 | 2.08 | 1.27 | 1.46 | 0.75 | 0.46 | 0.76 | -0.35 |
| EPS Growth | -1.79% | 41.41% | -4.81% | 63.78% | -13.01% | 94.67% | 63.04% | -39.47% | - | - |
| Dividend Per Share | 0.50 | 0.40 | 0.40 | 0.30 | 0.20 | 0.15 | - | - | - | 0.12 |
| Dividend Growth | 25% | 0% | 33.33% | 50% | 33.33% | - | - | - | - | - |
| Operating Cash Flow | -940 | -109 | -62.56 | -69.77 | -25.22 | -5.60 | 21.85 | -7.83 | 46.17 | 45.01 |
| 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 | -10.09 | 18.33 | -16.30 | 35.31 | 41.53 |
| Cash & Equivalents | 622 | 680 | 331 | 198 | 391 | 170 | 268 | 274 | 295 | 336 |
| Total Debt | 1,547 | 261 | 367 | 630 | 172 | 218 | 334 | 92.39 | 99.93 | 154 |
| Net Cash / Debt | -925 | 418 | -36.08 | -432 | 218 | -47.16 | -65.62 | 182 | 195 | 182 |
| Assets | 18,243 | 11,444 | 7,856 | 6,892 | 5,589 | 4,037 | 3,668 | 3,019 | 2,994 | 2,972 |
| Liabilities | 15,773 | 9,987 | 7,052 | 6,246 | 5,074 | 3,671 | 3,351 | 2,740 | 2,701 | 2,699 |
| Book Value | 2,470 | 1,456 | 804 | 646 | 515 | 366 | 317 | 279 | 294 | 273 |
Numbers in millions USD, except per-share numbers.
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.