Ameris Bancorp (ABCB)
| Market Cap | 3.10B |
| Revenue (ttm) | 1.01B |
| Net Income (ttm) | 335.39M |
| Shares Out | 69.36M |
| EPS (ttm) | 4.81 |
| PE Ratio | 9.30 |
| Forward PE | 8.85 |
| Dividend | $0.60 (1.34%) |
| Ex-Dividend Date | Sep 29, 2022 |
| Volume | 237,005 |
| Open | 44.90 |
| Previous Close | 45.69 |
| Day's Range | 44.60 - 45.60 |
| 52-Week Range | 38.22 - 56.64 |
| Beta | 1.19 |
| Analysts | Buy |
| Price Target | 56.71 (+26.8%) |
| Earnings Date | Oct 26, 2022 |
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. 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 pro... [Read more...]
Financial Performance
In 2021, Ameris Bancorp's revenue was $1.06 billion, an increase of 12.50% compared to the previous year's $938.87 million. Earnings were $376.91 million, an increase of 43.87%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for ABCB stock is "Buy." The 12-month stock price forecast is 56.71, which is an increase of 26.84% from the latest price.
News
Best Value Stocks to Buy for August 22nd
FBP, TNP and ABCB made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 22, 2022.
New Strong Buy Stocks for August 22nd
TNP, ABCB, FBP, CVBF and SMMF have been added to the Zacks Rank #1 (Strong Buy) List on August 22, 2022.
Are Finance Stocks Lagging Ameris Bancorp (ABCB) This Year?
Here is how Ameris Bancorp (ABCB) and FS KKR Capital (FSK) have performed compared to their sector so far this year.
Are Investors Undervaluing Ameris Bancorp (ABCB) Right Now?
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 the latest v...
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 fo...
Ameris Bancorp (ABCB) Q2 Earnings Lag Estimates
Ameris Bancorp (ABCB) delivered earnings and revenue surprises of -0.84% and 5.15%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
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 15....
Ameris Bancorp (ABCB) Expected to Beat Earnings Estimates: Should You Buy?
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.
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 mar...
How Ameris (ABCB) Stock Stands Out in a Strong Industry
Ameris (ABCB) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
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 prog...
Ameris Bancorp (ABCB) Q1 Earnings Match Estimates
Ameris Bancorp (ABCB) delivered earnings and revenue surprises of 0% and 7.50%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
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% annual...
Analysts Estimate Ameris Bancorp (ABCB) to Report a Decline in Earnings: What to Look Out for
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.
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 ma...
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-sufficie...
All You Need to Know About Ameris Bancorp (ABCB) Rating Upgrade to Strong Buy
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.
Ameris Bancorp (ABCB) Could Find Support Soon, Here's Why You Should Buy the Stock Now
Ameris Bancorp (ABCB) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean ...
Ameris Bancorp (ABCB) Tops Q4 Earnings and Revenue Estimates
Ameris Bancorp (ABCB) delivered earnings and revenue surprises of 0.86% and 2.46%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
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, o...
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 release...
Ameris Bancorp (ABCB): Strong Industry, Solid Earnings Estimate Revisions
Ameris Bancorp (ABCB) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Is Ameris Bancorp (ABCB) Stock Outpacing Its Finance Peers This Year?
Here is how Ameris Bancorp (ABCB) and Fifth Third Bancorp (FITB) have performed compared to their sector so far this year.
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 len...
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 Discover...