ABCB - Ameris Bancorp Stock Price, Fair Value and News

44.50USD+0.06 (+0.14%)Market Closed

Market Summary

USD44.50+0.06

Market Closed

0.14%

ABCB Alerts

1 major insider sales recently.

ABCB Stock Price

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ABCB RSI Chart

ABCB Valuation

Market Cap

3.1B

Price/Earnings (Trailing)

11.42

Price/Sales (Trailing)

2.4

EV/EBITDA

1.57

Price/Free Cashflow

5.57

ABCB Price/Sales (Trailing)

ABCB Profitability

EBT Margin

27.88%

Return on Equity

7.85%

Return on Assets

1.07%

Free Cashflow Yield

17.95%

ABCB Fundamentals

ABCB Revenue

Revenue (TTM)

1.3B

Rev. Growth (Yr)

21.4%

Rev. Growth (Qtr)

0.5%

ABCB Earnings

Earnings (TTM)

269.1M

Earnings Growth (Yr)

-19.81%

Earnings Growth (Qtr)

-17.7%

Breaking Down ABCB Revenue

Last 7 days

-1.7%

Last 30 days

-3.0%

Last 90 days

-10.8%

Trailing 12 Months

32.0%

How does ABCB drawdown profile look like?

ABCB Financial Health

ABCB Investor Care

Dividend Yield

1.35%

Dividend/Share (TTM)

0.6

Buy Backs (1Y)

0.51%

Diluted EPS (TTM)

3.89

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	1.0B	1.1B	1.2B	1.3B
2022	708.5M	737.4M	798.6M	893.9M
2021	721.7M	710.4M	703.5M	703.1M
2020	694.2M	750.2M	741.8M	726.5M
2019	458.7M	497.8M	565.1M	636.4M
2018	306.8M	325.3M	370.1M	413.3M
2017	251.6M	263.6M	277.7M	294.3M
2016	202.6M	217.7M	228.7M	239.1M
2015	169.1M	174.7M	182.7M	190.4M
2014	133.3M	140.0M	151.4M	164.6M
2013	128.1M	127.0M	127.1M	126.3M
2012	141.2M	138.3M	135.2M	129.5M
2011	123.2M	128.0M	133.7M	141.1M
2010	0	116.1M	117.6M	119.1M
2009	0	0	0	114.6M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Ameris Bancorp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 07, 2024	edwards jon s	sold	-355,101	47.3468	-7,500	chief credit officer
Feb 24, 2024	creasy ross l	sold (taxes)	-71,572	45.88	-1,560	chief information officer
Feb 24, 2024	mckendry william d	sold (taxes)	-64,369	45.88	-1,403	chief risk officer
Feb 24, 2024	stokes nicole s	sold (taxes)	-77,216	45.88	-1,683	cfo
Feb 24, 2024	proctor h palmer jr	sold (taxes)	-291,476	45.88	-6,353	ceo
Feb 24, 2024	pierson michael t	sold (taxes)	-71,572	45.88	-1,560	chief governance officer
Feb 24, 2024	lahaise james a	sold (taxes)	-77,216	45.88	-1,683	chief strategy officer
Feb 24, 2024	spencer jody l	sold (taxes)	-64,369	45.88	-1,403	chief legal officer
Feb 24, 2024	bassett lawton e iii	sold (taxes)	-64,369	45.88	-1,403	bank president
Feb 24, 2024	edwards jon s	sold (taxes)	-64,369	45.88	-1,403	chief credit officer

Which funds bought or sold ABCB recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 15, 2024	Sunbelt Securities, Inc.	unchanged	-	-107	1,113	-%
Apr 15, 2024	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	added	130	308,950	588,736	-%
Apr 12, 2024	Allen Mooney & Barnes Investment Advisors LLC	unchanged	-	-65,879	388,590	0.07%
Apr 12, 2024	ARGA Investment Management, LP	unchanged	-	-123,003	1,274,280	0.04%
Apr 11, 2024	CONGRESS ASSET MANAGEMENT CO /MA	added	5.55	-1,443,470	37,115,000	0.26%
Apr 09, 2024	MATHER GROUP, LLC.	new	-	8,011	8,011	-%
Apr 09, 2024	MASSMUTUAL TRUST CO FSB/ADV	reduced	-13.64	-991	3,677	-%
Apr 05, 2024	CWM, LLC	added	2.62	-4,000	47,000	-%
Apr 05, 2024	GAMMA Investing LLC	reduced	-21.75	-7,422	23,851	-%
Apr 04, 2024	MOODY NATIONAL BANK TRUST DIVISION	new	-	479,978	479,978	0.04%

Are Funds Buying or Selling ABCB?

Are funds buying ABCB calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ABCB

No. of Funds

ABCB Alerts

1 major insider sales recently.

Unveiling Ameris Bancorp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	10.81%	7,467,880	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	6.1%	4,193,978	SC 13G/A
Feb 08, 2024	wellington management group llp	5.46%	3,767,907	SC 13G/A
Jan 22, 2024	blackrock inc.	14.7%	10,143,290	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	5.5%	3,845,042	SC 13G
Feb 09, 2023	vanguard group inc	10.70%	7,418,038	SC 13G/A
Feb 06, 2023	wellington management group llp	8.80%	6,102,333	SC 13G/A
Jan 26, 2023	blackrock inc.	14.7%	10,164,637	SC 13G/A
Jan 20, 2023	blackrock inc.	14.7%	10,164,637	SC 13G/A
Feb 09, 2022	vanguard group inc	10.29%	7,166,213	SC 13G/A

Recent SEC filings of Ameris Bancorp

View All Filings

Date Filed	Form Type	Document
Apr 10, 2024	3	Insider Trading
Mar 11, 2024	4	Insider Trading
Feb 28, 2024	10-K	Annual Report
Feb 27, 2024	4	Insider Trading
Feb 27, 2024	4	Insider Trading
Feb 27, 2024	4	Insider Trading
Feb 27, 2024	4	Insider Trading
Feb 27, 2024	4	Insider Trading
Feb 27, 2024	4	Insider Trading
Feb 27, 2024	4	Insider Trading

Peers (Alternatives to Ameris Bancorp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	518.6B	171.1B	-6.55%	27.33%	10.47	3.03	60.72%	31.52%
BAC	277.4B	130.3B	-2.17%	15.28%	10.46	2.13	79.51%	-3.68%
WFC	204.6B	85.7B	-1.00%	36.59%	10.69	2.39	41.49%	39.96%
C	111.2B	133.3B	-0.80%	16.13%	12.05	0.83	79.09%	-
CFG	15.1B	10.2B	-1.99%	8.44%	9.42	1.48	44.53%	-22.43%
KEY	13.5B	7.9B	-0.07%	19.35%	13.94	1.7	46.47%	-49.56%
MID-CAP
CMA	6.6B	4.2B	0.48%	11.63%	7.49	1.58	56.25%	-23.46%
ZION	5.8B	3.9B	-0.96%	29.19%	8.57	1.48	45.91%	-25.03%
ABCB	3.1B	1.3B	-3.03%	32.01%	11.42	2.4	43.24%	-22.35%
ASB	3.0B	2.0B	-0.45%	11.20%	16.48	1.54	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	394.6M	164.9M	-3.99%	28.14%	33.73	2.39	42.66%	-70.76%
AROW	359.2M	162.6M	-8.71%	-4.36%	11.94	2.21	25.39%	-38.37%
ACNB	270.5M	96.6M	-9.56%	1.15%	8.54	2.8	11.02%	-11.37%
ASRV	44.4M	60.9M	1.17%	-15.64%	-13.27	0.73	24.06%	-144.92%

Ameris Bancorp News

Latest updates

Ameris Bancorp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	0.5%	332	331	322	296	274	234	203	183	178	173	174	178	179	180	185	183	194	188	129	125	123
EBITDA Margin	-7.0%	0.95*	1.02*	1.12*	1.27*	1.42*	1.53*	1.57*	1.59*	1.66*	1.68*	1.72*	1.59*	-	-	-	-	-	-	-	-	-
Interest Expenses	-0.8%	206	208	210	212	224	213	191	173	167	162	162	165	163	163	164	148	155	149	102	99.00	100
Income Taxes	-1.8%	24.00	25.00	20.00	18.00	22.00	29.00	28.00	28.00	26.00	29.00	27.00	38.00	32.00	34.00	9.00	4.00	21.00	6.00	12.00	11.00	7.00
Earnings Before Taxes	-13.9%	90.00	105	83.00	79.00	105	121	118	109	107	111	115	163	126	150	41.00	23.00	82.00	27.00	51.00	51.00	51.00
EBT Margin	-8.2%	0.28*	0.30*	0.34*	0.42*	0.51*	0.57*	0.60*	0.62*	0.71*	0.73*	0.78*	0.66*	-	-	-	-	-	-	-	-	-
Net Income	-17.7%	66.00	80.00	63.00	60.00	82.00	93.00	90.00	82.00	82.00	82.00	88.00	125	94.00	116	32.00	19.00	61.00	21.00	39.00	40.00	44.00
Net Income Margin	-10.0%	0.21*	0.23*	0.26*	0.32*	0.39*	0.43*	0.45*	0.47*	0.54*	0.55*	0.60*	0.51*	-	-	-	-	-	-	-	-	-
Free Cashflow	61.6%	207	128	88.00	128	-2.58	346	349	357	263	-170	369	-478	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-1.9%	25,204	25,698	25,801	26,088	25,053	23,814	23,687	23,560	23,858	22,533	21,887	21,427	20,439	19,874	19,873	18,225	18,243	17,764	11,889	11,656	11,444
Cash Equivalents	-24.5%	1,167	1,546	1,319	2,021	1,118	1,331	2,307	3,798	4,065	3,752	3,305	2,759	2,117	752	721	652	622	480	338	857	680
Net PPE	-0.5%	216	218	219	219	220	223	224	224	225	226	230	232	223	231	230	231	233	239	141	142	145
Goodwill	0%	1,016	1,016	1,016	1,016	1,016	1,023	1,023	1,022	1,013	928	928	928	928	928	928	932	932	911	410	501	503
Liabilities	-2.6%	21,777	22,351	22,516	22,835	21,856	20,695	20,614	20,553	20,892	19,632	19,050	18,670	17,792	17,309	17,412	15,787	15,773	15,344	10,352	10,161	9,987
Shareholder's Equity	2.4%	3,427	3,347	3,285	3,253	3,197	3,119	3,073	3,007	2,966	2,901	2,837	2,758	2,647	2,565	2,460	2,437	2,470	2,421	1,537	1,496	1,456
Retained Earnings	3.7%	1,540	1,484	1,415	1,363	1,311	1,239	1,157	1,078	1,006	935	864	786	672	588	482	460	508	457	446	412	377
Additional Paid-In Capital	0.1%	1,945	1,943	1,940	1,938	1,935	1,933	1,931	1,929	1,925	1,923	1,921	1,918	1,913	1,911	1,910	1,909	1,907	1,905	1,054	1,053	1,052
Shares Outstanding	0.1%	69.00	69.00	69.00	69.00	69.00	69.00	69.00	69.00	69.00	69.00	69.00	69.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	2,230	-	-	-	2,630	-	-	-	3,340	-	-	-	1,550	-	-	-	1,820	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	61.4%	212,891	131,904	92,463	131,701	-316	348,921	353,445	360,423	266,693	-165,326	372,382	-464,609	419,034	405,614	-327,241	300,989	-352,908	-616,179	-30,801	59,677	-15,267
Share Based Compensation	-15.1%	2,535	2,986	2,232	2,197	1,847	1,814	1,546	1,499	2,064	2,430	1,701	1,753	1,102	1,008	1,141	559	974	936	362	1,152	808
Cashflow From Investing	-98.6%	4,122	285,271	-458,092	-169,495	-1,348,594	-1,395,014	-1,925,895	-205,027	-480,217	55,658	-196,049	199,624	509,279	-292,199	-1,212,974	-204,832	92,943	98,001	-666,423	-11,608	106,080
Cashflow From Financing	-212.5%	-595,482	-190,532	-336,094	940,515	1,135,874	70,425	80,826	-421,593	525,741	557,584	369,063	906,807	437,202	-83,083	1,609,518	-65,850	402,125	659,712	178,379	129,404	-40,543
Dividend Payments	0.0%	10,341	10,337	10,387	10,584	10,383	10,384	10,398	10,445	10,444	10,466	10,456	10,432	10,423	10,421	10,415	10,426	10,438	4,726	4,760	4,751	4,750
Buy Backs	11172.4%	3,269	29.00	7,990	9,058	-	139	5,048	17,234	1,331	6,652	-	1,456	7.00	15.00	17.00	7,956	6,849	-	10,563	998	-

ABCB Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest income
Interest and fees on loans	$ 1,172,162	$ 834,969	$ 676,089
Interest on taxable securities	59,002	34,656	22,524
Interest on nontaxable securities	1,335	1,176	575
Interest on deposits in other banks	47,936	23,008	3,882
Interest on federal funds sold	0	77	42
Total interest income	1,280,435	893,886	703,112
Interest expense
Interest on deposits	356,017	56,105	22,357
Interest on other borrowings	89,374	36,755	25,428
Total interest expense	445,391	92,860	47,785
Net interest income	835,044	801,026	655,327
Provision for loan losses	153,515	52,610	(35,081)
Provision for unfunded commitments	(10,853)	19,226	332
Provision for other credit losses	(6)	(139)	(616)
Provision for credit losses	142,656	71,697	(35,365)
Net interest income after provision for credit losses	692,388	729,329	690,692
Noninterest income
Service charges on deposit accounts	46,575	44,499	45,106
Mortgage banking activity	139,885	184,904	285,900
Other service charges, commissions and fees	4,401	3,875	4,188
Net gain (loss) on securities	(304)	203	515
Gain on sale of SBA loans	1,557	5,552	6,623
Other noninterest income	50,714	45,391	23,212
Total noninterest income	242,828	284,424	365,544
Noninterest expense
Salaries and employee benefits	320,110	319,719	337,776
Occupancy and equipment	51,450	51,361	48,066
Advertising and marketing	11,856	12,481	8,434
Amortization of intangible assets	18,244	19,744	14,965
Data processing and communications expenses	53,486	49,228	45,976
Legal and other professional fees	17,726	16,439	11,920
Credit resolution-related expenses	80	29	3,538
Merger and conversion charges	0	1,212	4,206
FDIC insurance	26,940	8,063	5,614
Loan servicing expenses	35,283	36,835	26,481
Other noninterest expenses	43,106	45,544	53,148
Total noninterest expense	578,281	560,655	560,124
Income before income tax expense	356,935	453,098	496,112
Income tax expense	87,830	106,558	119,199
Net income	$ 269,105	$ 346,540	$ 376,913
Basic earnings per common share (in dollars per share)	$ 3.90	$ 5.01	$ 5.43
Diluted earnings per common share (in dollars per share)	$ 3.89	$ 4.99	$ 5.40
Weighted average common shares outstanding
Basic (in shares)	68,977,453	69,193,591	69,431,860
Diluted (in shares)	69,104,158	69,419,721	69,761,394

ABCB Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and due from banks	$ 230,470	$ 284,567
Interest-bearing deposits in banks	936,834	833,565
Cash and cash equivalents	1,167,304	1,118,132
Debt securities available-for-sale, at fair value, net of allowance for credit losses of $69 and $75	1,402,944	1,500,060
Debt securities held-to-maturity, at amortized cost, net of allowance for credit losses of $0 and $0 (fair value of $122,731 and $114,538)	141,512	134,864
Other investments	71,794	110,992
Loans held for sale, at fair value	281,332	392,078
Loans, net of unearned income	20,269,303	19,855,253
Allowance for credit losses	(307,100)	(205,677)
Loans, net	19,962,203	19,649,576
Other real estate owned, net	6,199	843
Premises and equipment, net	216,435	220,283
Goodwill	1,015,646	1,015,646
Other intangible assets, net	87,949	106,194
Cash value of bank owned life insurance	395,778	388,405
Other assets	454,603	416,213
Total assets	25,203,699	25,053,286
Deposits
Noninterest-bearing	6,491,639	7,929,579
Interest-bearing	14,216,870	11,533,159
Total deposits	20,708,509	19,462,738
Other borrowings	509,586	1,875,736
Subordinated deferrable interest debentures, net	130,315	128,322
Other liabilities	428,542	389,090
Total liabilities	21,776,952	21,855,886
Commitments and Contingencies (Note 19)
Shareholders’ Equity
Preferred stock, stated value $1,000; 5,000,000 shares authorized; 0 shares issued and outstanding	0	0
Common stock, par value $1; 200,000,000 shares authorized; 72,516,079 and 72,263,727 shares issued	72,516	72,264
Capital surplus	1,945,385	1,935,211
Retained earnings	1,539,957	1,311,258
Accumulated other comprehensive income (loss), net of tax	(35,939)	(46,507)
Treasury stock, at cost, 3,462,738 and 2,894,677 shares	(95,172)	(74,826)
Total shareholders’ equity	3,426,747	3,197,400
Total liabilities and shareholders’ equity	$ 25,203,699	$ 25,053,286

About Ameris Bancorp

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 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 personal credit lines. In addition, the company originates, administers, and services commercial insurance premium loans and small business administration loans. It operates full service domestic banking offices, and mortgage and loan production offices. The company was founded in 1971 and is headquartered in Atlanta, Georgia.

CEO	Mr. H. Palmer Proctor Jr.
WEBSITE	amerisbank.com
INDUSTRY	Banks Diversified
EMPLOYEES	2801

Ameris Bancorp Frequently Asked Questions

What is the ticker symbol for Ameris Bancorp? What does ABCB stand for in stocks?

ABCB is the stock ticker symbol of Ameris Bancorp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Ameris Bancorp (ABCB)?

As of Wed Apr 17 2024, market cap of Ameris Bancorp is 3.07 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ABCB stock?

You can check ABCB's fair value in chart for subscribers.

What is the fair value of ABCB stock?

You can check ABCB's fair value in chart for subscribers. The fair value of Ameris Bancorp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Ameris Bancorp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ABCB so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Ameris Bancorp a good stock to buy?

The fair value guage provides a quick view whether ABCB is over valued or under valued. Whether Ameris Bancorp is cheap or expensive depends on the assumptions which impact Ameris Bancorp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ABCB.

What is Ameris Bancorp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, ABCB's PE ratio (Price to Earnings) is 11.42 and Price to Sales (PS) ratio is 2.4. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ABCB PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Ameris Bancorp's stock?

In the past 10 years, Ameris Bancorp has provided 0.082 (multiply by 100 for percentage) rate of return.