Ameris Bancorp(ABCB) Stock Research - Grey Stern Research

Ameris Bancorp (ABCB) Stock Analysis

$68.59 (-1.47%)

ABCB Financial Performance


Use the table below to view Ameris Bancorp's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $68.59 -
52 Week Low $44.00 -
52 Week High $74.56 -
Market Cap $4.7 Billion 3/18
Gross Margin 100% 1/18
Profit Margin 36% 1/18
EBITDA margin 0% 15/18
Q3 - 2024 Revenue $275.3 Million 2/18
Q3 - 2024 Earnings $99.2 Million 2/18
Q3 - 2024 Free Cash Flow $99.8 Million 2/18
Trailing 4 Quarters Revenue $1.4 Billion 2/18
Trailing 4 Quarters Earnings $330.2 Million 2/18
Quarterly Earnings Growth 24% 2/18
Annual Earnings Growth 23% 4/18
Quarterly Revenue Growth 1% 14/18
Annual Revenue Growth 28% 12/18
Cash On Hand $1.4 Billion 1/18
Short Term Debt $0 7/18
Long Term Debt $478.3 Million 4/18

Ameris Bancorp Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Ameris Bancorp's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 14.34 12/18
PS 3.37 5/18
PB 1.29 3/18
PC 3.49 10/18
Liabilities to Equity 6.17 9/18
ROA 0.01 2/18
ROE 0.09 4/18
Current Ratio 1.16 4/18
Quick Ratio 0.12 3/18
Long Term Debt to Equity 0.13 8/18
Debt to Equity 0.13 9/18
Burn Rate -16.97 15/18
Cash to Cap 0.29 3/18
CCR 1.01 5/18
EV to EBITDA -1.00 15/18
EV to Revenue -1.00 17/18

Company Details

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. The company operates through five segments: Banking Division, Retail Mortgage Division, Warehouse Lending Division, SBA Division, and Premium Finance Division. It offers commercial and retail checking, regular interest-bearing savings, money market, individual retirement, and certificates of deposit accounts. The company 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 small unsecured personal credit lines. In addition, it originates, administers, and services commercial insurance premium loans and small business administration loans. The company operates 165 full service domestic banking offices and 35 mortgage and loan production offices. Ameris Bancorp was founded in 1971 and is headquartered in Atlanta, Georgia.

CEO: Mr. Dennis Zember

Website: https://www.amerisbank.com

Address: 3490 Piedmont Rd NE Ste 1550 Atlanta, GEORGIA

Exchange: NASDAQ Global Select

Industry: Banks—Regional

Ameris Bancorp Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Ameris Bancorp. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Kearny Financial Corp. KRNY $514.7 Million
Capitol Federal Financial, Inc. CFFN $877.6 Million
BOK Financial Corporation BOKF $7.6 Billion
Lakeland Bancorp, Inc. LBAI $875.0 Million
Great Southern Bancorp, Inc. GSBC $742.9 Million
First Bancorp FBNC $1.9 Billion
First Financial Bankshares, Inc. FFIN $5.8 Billion
Independent Bank Corp. INDB $3.0 Billion
Bankwell Financial Group, Inc. BWFG $257.0 Million
BankFinancial Corporation BFIN $172.8 Million
Auburn National Bancorporation, Inc. AUBN $79.5 Million
First Guaranty Bancshares, Inc. FGBI $184.4 Million
Home Federal Bancorp, Inc. of Louisiana HFBL $38.5 Million
HMN Financial, Inc. HMNF $125.0 Million
HV Bancorp, Inc. HVBC $77.4 Million
Business First Bancshares, Inc. BFST $828.6 Million
Cullman Bancorp, Inc. CULL $66.5 Million
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
ABCB Income Statements
Quarter Year Revenue Earnings
Q3 2024 $ 275.3 Million $99.2 Million
Q2 2024 $ 347.3 Million $90.8 Million
Q1 2024 $ 395.3 Million $74.3 Million
Q4 2023 $ 388.5 Million $65.9 Million
Q3 2023 $ 272.3 Million $80.1 Million
Q2 2023 $ 276.0 Million $62.6 Million
Q1 2023 $ 267.3 Million $60.4 Million
Q4 2022 $ 272.1 Million $82.2 Million

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ABCB Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 $1.4 Billion $26.4 Billion $478.3 Million $3.7 Billion
Q2 2024 $257.3 Million $26.5 Billion $0 $3.6 Billion
Q1 2024 $235.9 Million $25.7 Billion $762.2 Million $3.5 Billion
Q4 2023 $230.5 Million $25.2 Billion $639.9 Million $3.4 Billion
Q3 2023 $241.1 Million $25.7 Billion $1.3 Billion $3.3 Billion
Q2 2023 $284.6 Million $25.8 Billion $1.7 Billion $3.3 Billion
Q1 2023 $266.4 Million $26.1 Billion $2.5 Billion $3.3 Billion
Q4 2022 $284.6 Million $25.1 Billion $2.0 Billion $3.2 Billion

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ABCB Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 $99.8 Million -$2.4 Million -$3.0 Million
Q2 2024 -$100.3 Million -$3.3 Million $150.9 Million
Q1 2024 $104.0 Million -$3.4 Million $43.9 Million
Q4 2023 $8.9 Million $0 $8.9 Million
Q3 2023 $128.1 Million -$3.8 Million $226.6 Million
Q2 2023 $87.8 Million -$4.6 Million -$701.7 Million
Q1 2023 $128.4 Million -$3.3 Million $902.7 Million
Q4 2022 -$2.6 Million -$2.3 Million -$213.0 Million

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