Palmer Proctor - Ameris Bancorp CEO Director

ABCB Stock  USD 71.79  2.05  2.94%   

CEO

Mr. H. Palmer Proctor Jr. is Director of the Company. He served as President of Fidelity since April 2006, as Chief Executive Officer of Fidelity Bank since April 2017, as President of Fidelity Bank since October 2004, and as a director of Fidelity Bank since 2004 since 2019.
Age 56
Tenure 5 years
Address 3490 Piedmont Road NE, Atlanta, GA, United States, 30305
Phone404 639 6500
Webhttps://www.amerisbank.com
Proctor also has served as a director of Brown and Brown, Inc., an independent insurance intermediary, since 2012, and as Chairman of the Georgia Bankers Association from 2017 to 2018.

Ameris Bancorp Management Efficiency

The company has return on total asset (ROA) of 0.0127 % which means that it generated a profit of $0.0127 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.094 %, meaning that it created $0.094 on every $100 dollars invested by stockholders. Ameris Bancorp's management efficiency ratios could be used to measure how well Ameris Bancorp manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Equity is expected to grow to 0.09, whereas Return On Tangible Assets are forecasted to decline to 0.01. At present, Ameris Bancorp's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 26.9 B, whereas Non Currrent Assets Other are projected to grow to (3 B).
Ameris Bancorp currently holds 639.9 M in liabilities with Debt to Equity (D/E) ratio of 0.21, which may suggest the company is not taking enough advantage from borrowing. Note, when we think about Ameris Bancorp's use of debt, we should always consider it together with its cash and equity.

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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. Ameris Bancorp was founded in 1971 and is headquartered in Atlanta, Georgia. Ameris Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 2865 people. Ameris Bancorp (ABCB) is traded on NASDAQ Exchange in USA. It is located in 3490 Piedmont Road NE, Atlanta, GA, United States, 30305 and employs 2,733 people. Ameris Bancorp is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Ameris Bancorp Leadership Team

Elected by the shareholders, the Ameris Bancorp's board of directors comprises two types of representatives: Ameris Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ameris. The board's role is to monitor Ameris Bancorp's management team and ensure that shareholders' interests are well served. Ameris Bancorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ameris Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Palmer Proctor, CEO Director
Ross Creasy, Corporate Officer
Michael Pierson, Chief VP
Brian Parks, Head Banking
William McKendry, Executive Vice President Chief Risk Officer of the Company and Ameris Bank
JD Esq, Corporate Officer
Ross McWilliams, Executive Division
Jon Edwards, Chief Credit Officer, Executive VP, Chief Credit Officer of Ameris Bank and Executive VP of Ameris Bank
Nicole CPA, Corporate CFO
James Miller, Executive Chairman
Douglas Strange, Executive Officer
James III, Corporate Officer
Randall Chumley, VP Services
Lawton III, Corporate Officer
Doug Strange, Corporate Officer

Ameris Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ameris Bancorp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether Ameris Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ameris Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ameris Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ameris Bancorp Stock:
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Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ameris Bancorp. If investors know Ameris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ameris Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.241
Dividend Share
0.6
Earnings Share
4.78
Revenue Per Share
15.214
Quarterly Revenue Growth
0.127
The market value of Ameris Bancorp is measured differently than its book value, which is the value of Ameris that is recorded on the company's balance sheet. Investors also form their own opinion of Ameris Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Ameris Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ameris Bancorp's market value can be influenced by many factors that don't directly affect Ameris Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ameris Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ameris Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ameris Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.