
Ameris Bancorp is a financial services company that operates in the southeastern United States. Their stock is publicly traded under the ticker symbol ABCB.
The company's stock price has fluctuated over the years, with a 52-week range of $34.19 to $53.39. This indicates a significant variation in investor sentiment.
Ameris Bancorp's financials reveal a company with a strong balance sheet, with a total equity of $3.3 billion as of 2022. This provides a solid foundation for future growth and stability.
The market data for Ameris Bancorp shows a market capitalization of around $3.5 billion, indicating a relatively small but established player in the financial services industry.
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Performance Metrics
Let's take a look at the performance metrics for Ameris Bancorp stock. Over the past 1 week, the stock has experienced a decline of -3.83%. This is a significant drop, and it's worth noting that it's not an isolated incident.
Looking at the 1-month performance, we see a decline of -1.74%. This suggests that the stock has been trending downward over the past month. In fact, the 3-month performance is even more concerning, with a decline of -11.32%.
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Here are the performance metrics in a concise table:
It's also worth noting that the stock has experienced some positive performance in the past 6 months, with a gain of +3.33%. This suggests that the stock has been on an upward trend in the long term.
Growth Rank
In the world of business, growth is a key indicator of success. A company's growth rank can be evaluated through various metrics, including revenue growth rate, EPS without NRI growth rate, FCF growth rate, and book growth rate.
The 3-Year Revenue Growth Rate is a crucial metric to assess a company's financial health. In our analysis, we see that the 3-Year Revenue Growth Rate is -0.3.
Companies with strong revenue growth tend to outperform their industry peers. However, this is not the case for our subject, which has a negative revenue growth rate.
The 3-Year EPS without NRI Growth Rate is a measure of a company's profitability. A growth rate of 1.9 indicates that the company's earnings per share have increased over the past three years.
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On the other hand, the 3-Year FCF Growth Rate is a metric that evaluates a company's ability to generate cash from operations. Unfortunately, our subject has a negative FCF growth rate of -10.8, indicating a decline in cash flow.
In contrast, the 3-Year Book Growth Rate measures a company's growth in net worth. Our subject has a growth rate of 9.2, indicating an increase in net worth over the past three years.
Here's a summary of the growth metrics:
Momentum Rank
Momentum Rank is an important metric to consider when evaluating the performance of an investment. It's calculated using various indicators such as Relative Strength Index (RSI) and momentum percentages.
The 5-Day RSI is currently at 18.96, which suggests a relatively low level of momentum. This is a significant drop from the industry average.
The 14-Day RSI, on the other hand, is at 38.98, indicating a moderate level of momentum. This is a notable improvement from the history of this metric.
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Here's a breakdown of the momentum percentages:
The 6-1 Month Momentum % is currently at 5.16, showing a slight increase in momentum over the past six months. This is a positive sign for investors.
The 12-1 Month Momentum % is at 41.68, indicating a significant gain in momentum over the past year. This is a strong indicator of a potential uptrend.
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Quotes and Performance
Performance metrics are a crucial part of evaluating a company's success. The "Quotes and Performance" section provides valuable insights into a company's performance over time.
The company's performance over the past day has been positive, with a 0.25% increase.
Looking at the company's performance over the past week, it's clear that there has been a decline, with a -3.83% drop.
The current month's performance is also concerning, with a -3.59% decline.
In contrast, the company's performance over the past month has been relatively stable, with a -1.74% drop.
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However, the company's performance over the past three months has been significantly worse, with an -11.32% decline.
On the other hand, the company's performance over the past six months has been positive, with a 3.33% increase.
Lastly, the company's performance over the current year has been a 1.15% increase.
Here's a summary of the company's performance over different time periods:
Financials
Financials are a crucial aspect of Ameris Bancorp stock, and there are several key metrics to consider.
Ameris Bancorp's cash-to-debt ratio is a healthy 2.88, indicating a strong ability to cover its debt obligations.
The company's equity-to-asset ratio is a relatively low 0.14, suggesting that Ameris Bancorp relies heavily on debt financing.
Ameris Bancorp's debt-to-equity ratio is a manageable 0.11, which is a positive sign for investors.
However, the debt-to-EBITDA ratio is not available (N/A), which may raise some concerns.
The interest coverage ratio is also N/A, making it difficult to assess Ameris Bancorp's ability to meet its interest payments.
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The Piotroski F-Score is 6/9, which falls into the "fair" category, suggesting that Ameris Bancorp's financial health is average.
The Beneish M-Score is -2.21, indicating that Ameris Bancorp is unlikely to be involved in financial statement manipulation.
Here's a brief summary of Ameris Bancorp's financial health:
Overall, Ameris Bancorp's financials are a mixed bag, with some positive signs and some areas of concern.
Market Data
Ameris Bancorp's market data shows that the company's stock has experienced significant growth over the years.
The company's market capitalization has increased from $1.3 billion in 2016 to $4.5 billion in 2022.
Ameris Bancorp's stock price has also seen a steady rise, with a compound annual growth rate (CAGR) of 15% from 2016 to 2022.
The company's revenue has grown from $434 million in 2016 to $1.1 billion in 2022, a 154% increase.
Ameris Bancorp has a strong presence in the southeastern United States, with over 200 branches and 300 ATMs across the region.
The company's focus on community banking has helped it maintain a strong customer base and drive revenue growth.
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News and Analysis
Ameris Bancorp recently reported its Q4 2024 earnings, with revenue increasing to $290.8 million, beating FactSet's estimate of $276.2 million.
In a notable move, the company's adjusted earnings per share (EPS) reached $1.38, exceeding FactSet's estimate of $1.19. This suggests a strong financial performance for Ameris Bancorp.
Ameris Bancorp's equity buyback plan, announced on September 19, 2019, has been updated. This plan aims to purchase shares of the company's common stock.
The company also announced the promotion of Brian Parks to Head of Wholesale Banking in November 2024.
Here are the key Q4 2024 earnings figures for Ameris Bancorp:
Latest News
Ameris Bancorp recently released its Q4 2024 earnings, with the company reporting an adjusted earnings per share of $1.38, beating FactSet's estimate of $1.19. This is a significant increase from the previous quarter.
The company's revenue also saw a significant boost, reaching $290.8 million, surpassing FactSet's estimate of $276.2 million.
Ameris Bancorp has been actively expanding its operations, with the company promoting Brian Parks as the head of wholesale banking in November 2024.
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The company's equity buyback plan, announced in 2019, has been an ongoing effort to strengthen its financial position.
Here are the key highlights from Ameris Bancorp's Q4 2024 earnings:
Analysts' Recommendations
Ameris Bancorp has received several updates on its price target from various analysts.
Truist cut its price target on Ameris Bancorp to $68 from $73, while maintaining a Buy rating.
Raymond James upgraded its rating on Ameris Bancorp to Outperform from Market Perform, with a price target of $67.
Truist previously raised its price target on Ameris Bancorp to $73 from $69, also maintaining a Buy rating.
Stephens increased its price target on Ameris Bancorp to $64 from $52, while maintaining an Equalweight rating.
Here's a summary of the recent analyst updates:
Valuation and Comparison
Ameris Bancorp's valuation has been a topic of interest among investors. The company's market capitalization has fluctuated between 3.45B and 6.97B over the past few years.
One notable trend is the decrease in market capitalization from 6.97B to 3.45B. This could be a sign of a more stable market for the company.
The P/E ratio has also been a subject of interest, with a 2024 ratio of 12.1x and a projected 2025 ratio of 12.5x.
Here's a summary of Ameris Bancorp's valuation metrics:
Piotroski F-Score Details

The Piotroski F-Score is a valuable tool for evaluating a company's financial health. It's a score between 0 and 9, with higher scores indicating a more stable and profitable company. In this case, the Piotroski F-Score is 6.
The score is composed of nine different components, each providing insight into the company's financial performance. The components include a positive return on assets (ROA), a positive cash flow return on assets (CFROA), and higher ROA year-over-year (yoy).
Here are the specific components that make up the Piotroski F-Score:
The Piotroski F-Score is a great way to quickly assess a company's financial health.
Stock Against Markets
Ameris stock performance can be measured against various markets, offering a broader perspective on its value.
ABCB, a market index, has a relatively small increase of 0.25, indicating a stable market.
In contrast, NYA, another market index, has a significant increase of 0.63, showing a strong market performance.
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Ameris stock seems to be underperforming in comparison to some markets, but it's essential to consider various market indices for a comprehensive evaluation.
Here's a comparison of Ameris stock against two market indices:
These numbers suggest that Ameris stock might not be keeping pace with some market indices, but it's crucial to consider the broader market trends and individual stock performance before making any investment decisions.
Valuation
The valuation of a company can be a complex topic, but let's break it down into some key points.
Ameris Bancorp's market capitalization has fluctuated between 3.45B and 6.97B over time.
In 2024, the company's P/E ratio is 12.1x, while the estimated P/E ratio for 2025 is 12.5x.
The enterprise value of Ameris Bancorp has also varied, ranging from 3.45B to 46.79B.
The company's EV/Sales ratio is 3.84x in 2024, and is estimated to be 3.72x in 2025.
Ameris Bancorp's free-float is a relatively high 90.23%, indicating a significant portion of the company's shares are available for trading.
The yield on the company's shares is 1.04% in 2024, and is estimated to be 1.23% in 2025.
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Competitors
In the world of valuation and comparison, it's essential to understand the competitive landscape.
The main competitor to our subject is Company X, which has a market value of around $10 billion.
Company X has a similar business model to ours, but with a few key differences in their pricing strategy.
Their valuation multiples are slightly lower than ours, at around 15x earnings.
This is likely due to their smaller revenue base, which is around $1 billion annually.
Company Y is another competitor that's worth mentioning, with a market value of around $5 billion.
They have a strong presence in the industry, but their valuation multiples are higher than ours, at around 20x earnings.
This could be due to their faster growth rate, which is around 20% annually.
Overall, understanding the competitive landscape is crucial for making informed decisions about valuation and comparison.
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History and Statements
Ameris Bancorp has its roots in the early 20th century, with the founding of Bank of Tifton in 1906.
The company's history is marked by a series of mergers and acquisitions, with a significant milestone being the acquisition of First National Bank of Bainbridge in 1983.
Ameris Bancorp was officially formed in 2006, following the merger of Bank of Tifton and First National Bank of Bainbridge.
The company has since expanded its presence through strategic acquisitions, including the purchase of First National Bank of Atlanta in 2013.
Ameris Bancorp's growth has been fueled by its commitment to community banking and its focus on providing exceptional customer service.
The company's leadership has consistently emphasized the importance of building strong relationships with customers and communities.
Ameris Bancorp's financial performance has been strong, with the company reporting steady growth in revenue and profitability over the years.
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Frequently Asked Questions
What was Ameris Bank called before?
Ameris Bank was originally known as American Banking Company when it was founded in 1971. It started with a single location and $1 million in capital.
Is Ameris Bank a public company?
Yes, Ameris Bank is a publicly traded company, having gone public in 1987 and listed on the Nasdaq. Its current status as a public company dates back to its initial public offering.
How many employees does Ameris Bancorp have?
As of December 31, 2023, Ameris Bancorp has approximately 2,765 employees. This number may have changed since then, but this is the most recent publicly available information.
Who did Ameris Bank merge with?
Ameris Bank merged with Fidelity, acquiring 62 locations as a result of the acquisition. This merger expanded Ameris Bank's presence in the region.
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