ABCB - Ameris Bancorp Stock Price, Fair Value and News

49.97USD+0.41 (+0.83%)Market Closed

Market Summary

USD49.97+0.41

Market Closed

0.83%

ABCB Stock Price

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ABCB RSI Chart

ABCB Valuation

Market Cap

3.5B

Price/Earnings (Trailing)

12.2

Price/Sales (Trailing)

2.63

EV/EBITDA

1.84

Price/Free Cashflow

7.88

ABCB Price/Sales (Trailing)

ABCB Profitability

EBT Margin

28.60%

Return on Equity

8.12%

Return on Assets

1.1%

Free Cashflow Yield

12.69%

ABCB Fundamentals

ABCB Revenue

Revenue (TTM)

1.3B

Rev. Growth (Yr)

11.41%

Rev. Growth (Qtr)

-0.83%

ABCB Earnings

Earnings (TTM)

283.0M

Earnings Growth (Yr)

22.99%

Earnings Growth (Qtr)

12.71%

Breaking Down ABCB Revenue

Last 7 days

-0.4%

Last 30 days

9.7%

Last 90 days

7.3%

Trailing 12 Months

70.6%

How does ABCB drawdown profile look like?

ABCB Financial Health

ABCB Investor Care

Dividend Yield

1.2%

Dividend/Share (TTM)

0.6

Buy Backs (1Y)

0.38%

Diluted EPS (TTM)

4.1

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	1.3B	0	0	0
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

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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
May 13, 2024	FOX RUN MANAGEMENT, L.L.C.	sold off	-100	-206,524	-	-%
May 13, 2024	HUDSON EDGE INVESTMENT PARTNERS INC.	added	47.44	106,896	417,132	0.08%
May 13, 2024	BARD ASSOCIATES INC	reduced	-3.48	-80,762	594,759	0.21%
May 13, 2024	Davis Asset Management, L.P.	reduced	-50.00	-23,088,000	19,352,000	0.85%
May 13, 2024	JOURNEY STRATEGIC WEALTH LLC	sold off	-100	-203,182	-	-%
May 13, 2024	EverSource Wealth Advisors, LLC	unchanged	-	-	18,886	-%
May 13, 2024	NOMURA ASSET MANAGEMENT CO LTD	unchanged	-	-1,775	18,384	-%
May 13, 2024	BESSEMER GROUP INC	reduced	-1.33	-	4,000	-%
May 13, 2024	AMERICAN INTERNATIONAL GROUP, INC.	reduced	-0.91	-183,810	1,724,500	0.01%
May 13, 2024	TRUIST FINANCIAL CORP	added	8.58	-2,980	300,049	-%

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

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
May 09, 2024	10-Q	Quarterly Report
Apr 25, 2024	8-K	Current Report
Apr 24, 2024	ARS	ARS
Apr 23, 2024	DEF 14A	DEF 14A
Apr 23, 2024	DEFA14A	DEFA14A
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

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	578.6B	174.7B	8.69%	48.16%	11.49	3.31	53.11%	19.83%
BAC	301.1B	137.9B	6.85%	41.16%	12.03	2.18	56.12%	-12.56%
WFC	215.7B	85.8B	8.52%	63.46%	11.49	2.51	35.02%	26.14%
C	121.3B	125.0B	6.23%	39.49%	15.17	0.97	37.85%	-
CFG	16.6B	10.4B	8.48%	44.96%	11.58	1.59	26.22%	-33.87%
KEY	14.2B	8.1B	1.78%	65.41%	16.28	1.75	32.15%	-50.93%
MID-CAP
CMA	7.2B	4.2B	3.79%	66.34%	10.3	1.69	34.68%	-45.96%
ZION	6.6B	4.1B	8.06%	95.94%	10.46	1.61	32.93%	-30.73%
ABCB	3.5B	1.3B	9.68%	70.56%	12.2	2.63	30.60%	-12.99%
ASB	3.4B	2.0B	8.96%	50.51%	20.99	1.66	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	408.4M	152.4M	2.65%	46.43%	41.08	2.68	16.94%	-73.84%
AROW	397.6M	173.1M	7.98%	20.88%	13.63	2.3	26.54%	-34.86%
ACNB	287.5M	98.7M	5.64%	21.02%	9.77	2.91	6.27%	-22.90%
ASRV	45.8M	62.5M	12.13%	-6.62%	-15.48	0.73	18.83%	-145.18%

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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-0.8%	329	332	331	322	296	274	234	203	183	178	173	174	178	179	180	185	183	194	188	129	125
EBITDA Margin	-1.9%	0.93*	0.95*	1.02*	1.12*	1.27*	1.42*	1.53*	1.57*	1.59*	1.66*	1.68*	1.72*	-	-	-	-	-	-	-	-	-
Interest Expenses	-2.3%	201	206	208	210	212	224	213	191	173	167	162	162	165	163	163	164	148	155	149	102	99.00
Income Taxes	-5.4%	23.00	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
Earnings Before Taxes	7.8%	97.00	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
EBT Margin	2.6%	0.29*	0.28*	0.30*	0.34*	0.42*	0.51*	0.57*	0.60*	0.62*	0.71*	0.73*	0.78*	-	-	-	-	-	-	-	-	-
Net Income	12.7%	74.00	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
Net Income Margin	2.5%	0.22*	0.21*	0.23*	0.26*	0.32*	0.39*	0.43*	0.45*	0.47*	0.54*	0.55*	0.60*	-	-	-	-	-	-	-	-	-
Free Cashflow	-92.7%	15.00	207	128	88.00	128	-2.58	346	349	357	263	-170	369	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	1.8%	25,655	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
Cash Equivalents	3.8%	1,211	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
Net PPE	-0.8%	215	216	218	219	219	220	223	224	224	225	226	230	232	223	231	230	231	233	239	141	142
Goodwill	0%	1,016	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
Liabilities	1.8%	22,171	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
Shareholder's Equity	1.7%	3,485	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
Retained Earnings	4.1%	1,604	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
Additional Paid-In Capital	0.2%	1,948	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
Shares Outstanding	-0.2%	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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-91.3%	18,580	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
Share Based Compensation	23.6%	3,134	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
Cashflow From Investing	-9077.1%	-370,037	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
Cashflow From Financing	166.4%	395,405	-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
Dividend Payments	1.3%	10,477	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
Buy Backs	49.7%	4,894	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

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ABCB Income Statement

2024-03-31

Consolidated Statements of Income and Comprehensive Income (unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest income
Interest and fees on loans	$ 303,393	$ 271,964
Interest on taxable securities	13,092	14,300
Interest on nontaxable securities	330	339
Interest on deposits in other banks and federal funds sold	12,637	9,113
Total interest income	329,452	295,716
Interest expense
Interest on deposits	118,174	53,182
Interest on other borrowings	9,890	30,882
Total interest expense	128,064	84,064
Net interest income	201,388	211,652
Provision for loan losses	25,523	49,376
Provision for unfunded commitments	(4,422)	346
Provision for other credit losses	4	7
Provision for credit losses	21,105	49,729
Net interest income after provision for credit losses	180,283	161,923
Noninterest income
Service charges on deposit accounts	11,759	10,936
Mortgage banking activity	39,430	31,392
Other service charges, commissions and fees	1,202	971
Net gain (loss) on securities	(7)	6
Other noninterest income	13,494	12,745
Total noninterest income	65,878	56,050
Noninterest expense
Salaries and employee benefits	82,930	80,910
Occupancy and equipment	12,885	12,986
Data processing and communications expenses	14,654	13,034
Credit resolution-related expenses	486	435
Advertising and marketing	2,545	3,532
Amortization of intangible assets	4,422	4,706
Loan servicing expense	9,439	8,331
Other noninterest expenses	21,350	15,487
Total noninterest expense	148,711	139,421
Income before income tax expense	97,450	78,552
Income tax expense	23,138	18,131
Net income	74,312	60,421
Other comprehensive income (loss)
Net unrealized holding gains (losses) arising during period on debt securities available-for-sale, net of tax expense (benefit) of $(1,399) and $3,719	(4,020)	10,926
Total other comprehensive income (loss)	(4,020)	10,926
Comprehensive income	$ 70,292	$ 71,347
Basic earnings per common share (in dollars per share)	$ 1.08	$ 0.87
Diluted earnings per common share (in dollars per share)	$ 1.08	$ 0.87
Weighted average common shares outstanding
Basic (in shares)	68,808,393	69,171,562
Diluted (in shares)	69,014,116	69,322,664

ABCB Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 235,931	$ 230,470
Interest-bearing deposits in banks	975,321	936,834
Cash and cash equivalents	1,211,252	1,167,304
Debt securities available-for-sale, at fair value, net of allowance for credit losses of $73 and $69	1,414,419	1,402,944
Debt securities held-to-maturity, at amortized cost, net of allowance for credit losses of $— and $— (fair value of $126,581 and $122,731)	147,022	141,512
Other investments	77,480	71,794
Loans held for sale, at fair value	364,332	281,332
Loans, net of unearned income	20,600,260	20,269,303
Allowance for credit losses	(320,023)	(307,100)
Loans, net	20,280,237	19,962,203
Other real estate owned, net	2,158	6,199
Premises and equipment, net	214,801	216,435
Goodwill	1,015,646	1,015,646
Other intangible assets, net	83,527	87,949
Cash value of bank owned life insurance	396,804	395,778
Other assets	447,767	454,603
Total assets	25,655,445	25,203,699
Deposits:
Noninterest-bearing	6,538,322	6,491,639
Interest-bearing	14,459,068	14,216,870
Total deposits	20,997,390	20,708,509
Other borrowings	631,380	509,586
Subordinated deferrable interest debentures	130,814	130,315
Other liabilities	411,123	428,542
Total liabilities	22,170,707	21,776,952
Commitments and Contingencies (Note 8)
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; 72,683,199 and 72,516,079 shares issued	72,683	72,516
Capital surplus	1,948,352	1,945,385
Retained earnings	1,603,832	1,539,957
Accumulated other comprehensive loss, net of tax	(39,959)	(35,939)
Treasury stock, at cost, 3,567,936 and 3,462,738 shares	(100,170)	(95,172)
Total shareholders’ equity	3,484,738	3,426,747
Total liabilities and shareholders’ equity	$ 25,655,445	$ 25,203,699

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 Mon May 13 2024, market cap of Ameris Bancorp is 3.42 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 Mon May 13 2024, ABCB's PE ratio (Price to Earnings) is 12.1 and Price to Sales (PS) ratio is 2.61. 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 0.107 (multiply by 100 for percentage) rate of return.