Ameris Bancorp Stock Today

ABCB Stock  USD 71.79  2.05  2.94%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 6

 
High
 
Low
Low
Ameris Bancorp is trading at 71.79 as of the 25th of November 2024, a 2.94% increase since the beginning of the trading day. The stock's open price was 69.74. Ameris Bancorp has only a 6 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. Note, on July 24, 2024, Representative Earl Leroy Carter of US Congress acquired $100k to $250k worth of Ameris Bancorp's common stock.
Business Domain
Banks
IPO Date
19th of May 1994
Category
Financial Services
Classification
Financials
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. The company has 69.07 M outstanding shares of which 924.24 K shares are presently shorted by private and institutional investors with about 2.07 trading days to cover. More on Ameris Bancorp

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Ameris Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO DirectorPalmer Proctor
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, SP Small-Cap 600, NASDAQ Financial 100, NASDAQ Composite Total, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00660.0106
Way Down
Slightly volatile
Asset Turnover0.05170.037
Significantly Up
Very volatile
Gross Profit Margin0.921.46
Way Down
Slightly volatile
Total Current Liabilities10.3 B9.8 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total12.7 B12.1 B
Sufficiently Up
Slightly volatile
Total Assets26.6 B25.3 B
Sufficiently Up
Slightly volatile
Total Current Assets2.4 B2.4 B
Fairly Down
Very volatile
Debt Levels
Ameris Bancorp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ameris Bancorp's financial leverage. It provides some insight into what part of Ameris Bancorp's total assets is financed by creditors.
Liquidity
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.

Change In Cash

41.58 Million
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. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.96 B. Ameris Bancorp conducts business under Banks sector and is part of Financials industry. The entity has 69.07 M outstanding shares of which 924.24 K shares are presently shorted by private and institutional investors with about 2.07 trading days to cover. Ameris Bancorp currently holds about 1.33 B in cash with 568.96 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 19.17.
Check Ameris Bancorp Probability Of Bankruptcy
Ownership Allocation
Ameris Bancorp holds a total of 69.07 Million outstanding shares. The majority of Ameris Bancorp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Ameris Bancorp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Ameris Bancorp. Please pay attention to any change in the institutional holdings of Ameris Bancorp as this could imply that something significant has changed or is about to change at the company. On July 24, 2024, Representative Earl Leroy Carter of US Congress acquired $100k to $250k worth of Ameris Bancorp's common stock.
Check Ameris Ownership Details

Ameris Stock Institutional Holders

InstituionRecorded OnShares
Principal Financial Group Inc2024-09-30
1.3 M
Nuveen Asset Management, Llc2024-06-30
1.2 M
Hhg Plc2024-06-30
1.2 M
Charles Schwab Investment Management Inc2024-09-30
907.1 K
Victory Capital Management Inc.2024-09-30
863.3 K
Gw&k Investment Management, Llc2024-09-30
845.5 K
Congress Asset Management Company, Llp2024-09-30
809.3 K
William Blair Investment Management, Llc2024-09-30
770.1 K
Norges Bank2024-06-30
713 K
Blackrock Inc2024-06-30
10.1 M
Vanguard Group Inc2024-09-30
7.5 M
View Ameris Bancorp Diagnostics

Ameris Bancorp Historical Income Statement

At present, Ameris Bancorp's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 467.7 M, whereas Operating Income is projected to grow to (29 M). View More Fundamentals

Ameris Stock Against Markets

Ameris Bancorp Corporate Management

Ross CreasyCorporate OfficerProfile
Michael PiersonChief VPProfile
Brian ParksHead BankingProfile
JD EsqCorporate OfficerProfile
Ross McWilliamsExecutive DivisionProfile

Already Invested in Ameris Bancorp?

The danger of trading Ameris Bancorp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ameris Bancorp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ameris Bancorp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ameris Bancorp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ameris Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Ameris Stock refer to our How to Trade Ameris Stock guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.