Ameris Bancorp

Ameris Bancorp is a bank holding company, which through the subsidiary, Ameris Bank, engages in the provision of banking services to its retail and commercial customers. It operates through the following business segments: Banking, Retail Mortgage, Warehouse Lending, the SBA and Premium Finance. The Banking segment offers full service financial services to include commercial loans, consumer loans and deposit accounts. The Retail Mortgage segment includes origination, sales, and servicing of one-to-four family residential mortgage loans. The Warehouse Lending segment includes the origination and servicing of warehouse lines to other businesses that are secured by underlying one-to-four family residential mortgage loans. The SBA segment is comprised of origination, sales, and servicing of small business administration loans. The Premium Finance segment includes the origination and servicing of commercial insurance premium finance loans. The company was founded on December 18, 1980 and is headquartered in Moultrie, GA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Ameris Bancorp reports robust Q4 earnings and eyes strategic growth

Ameris Bancorp delivered strong financial performance in Q4 2022, with notable increases in net income and loan portfolio growth. The company's strategic focus on maintaining top-tier results and enhancing customer experience positions it well for future success.
Despite challenges such as provision expenses and a decrease in non-interest income, Ameris Bancorp's emphasis on expense reduction and operational efficiency showcases its resilience and commitment to long-term growth.

Ameris Bancorp reports robust Q1 earnings amidst cautious loan outlook

Ameris Bancorp's Q1 2023 performance showcased strong financial results and prudent risk management strategies.
While facing challenges in loan growth and credit provisions, the bank's focus on expense control and margin improvement remains a strength.
Opportunities lie in deposit growth, diversifying revenue streams, and maintaining a disciplined approach to financial management.

Ameris Bancorp reports robust Q2 earnings, eyes NII growth

Ameris Bancorp delivered strong financial performance in Q2 2023, driven by deposit and loan growth. The company maintained a focus on core profitability and credit quality.
Despite challenges in the Balboa portfolio, the overall outlook remains positive with opportunities for NII stabilization and growth. Efforts to preserve capital and enhance customer relationships are key priorities.
With a solid balance sheet, stable credit metrics, and strategic growth initiatives, Ameris Bancorp is positioned for continued success and value creation for shareholders.

Ameris Bancorp reports robust Q3 earnings, focuses on margin management

Ameris Bancorp's Q3 performance reflects strong core earnings and improved credit metrics, despite challenges in loan growth and margin stability.
The company's focus on maintaining core profitability and managing margins strategically positions it well for future growth.
Opportunities exist in optimizing funding mix with public fund inflows and enhancing financial performance through expense control.
Analysts' questions highlighted areas of concern, but Ameris Bancorp's proactive measures demonstrate readiness to navigate challenges.

Ameris Bancorp posts robust Q4 results, eyes growth opportunities ahead

Ameris Bancorp's Q4 2023 performance showcased financial strength and efficient expense management, setting a positive tone for future growth.
The company's focus on balance sheet resilience, capital utilization, and core funding growth aligns with strategic objectives for sustainable expansion.
Addressing challenges related to interest margin stability, credit risk management, and deposit repricing will be crucial for navigating future market conditions.

Ameris Bancorp (ABCB) posts robust Q1 results amid strategic focus

Ameris Bancorp's Q1 2024 earnings call highlighted strong financial performance, a focus on core fundamentals, and cautious optimism for future trends. The company aims to balance capital preservation with growth opportunities and efficient cost management strategies.

Ameris Bancorp posts strong Q2 earnings amidst growth opportunities

Ameris Bancorp delivered robust financial performance in Q2 2024, driven by strong deposit and earning assets growth
While facing challenges such as increased interest expenses and credit provisions, the company maintained solid profitability metrics
Opportunities lie in optimizing operational efficiency, leveraging market presence, and sustaining loan growth momentum
Overall, Ameris Bancorp's strategic moves and financial results position it well for future growth and profitability

Ameris Bancorp (ABCB) posts strong Q3 earnings, eyes growth opportunities

Ameris Bancorp (ABCB) reported robust financial results in Q3 2024, driven by strong net income and margin performance. The company's emphasis on NII growth, loan production, and shareholder value underscores its commitment to sustainable growth. While facing challenges like hurricane-related expenses, Ameris Bancorp remains poised to leverage opportunities for further expansion and value creation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Ameris Bancorp is a bank holding company, which through the subsidiary, Ameris Bank, engages in the provision of banking services to its retail and commercial customers. It operates through the following business segments: Banking, Retail Mortgage, Warehouse Lending, the SBA and Premium Finance. The Banking segment offers full service financial services to include commercial loans, consumer loans and deposit accounts. The Retail Mortgage segment includes origination, sales, and servicing of one-to-four family residential mortgage loans. The Warehouse Lending segment includes the origination and servicing of warehouse lines to other businesses that are secured by underlying one-to-four family residential mortgage loans. The SBA segment consists of origination, sales, and servicing of small business administration loans. The Premium Finance segment includes the origination and servicing of commercial insurance premium finance loans. The company was founded on October, 1971 and is headquartered in Moultrie, GA.

Ameris Bancorp (ABCB) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Ameris Bancorp (ABCB) Soars to 52-Week High, Time to Cash Out?

ATLANTA, May 13, 2021 /PRNewswire/ -- Ameris Bank released today its inaugural Corporate Social Responsibility Report for the year 2020, highlighting continued progress toward investing in people, building better communities, going beyond banking, advancing a sustainable future, and acting with strong governance. "Our teammates are the cornerstone of our success, and our culture is the driver.

Ameris Bank Releases Inaugural Corporate Social Responsibility Report

Ameris Bancorp (ABCB) CEO Palmer Proctor Jr. on Q1 2021 Results - Earnings Call Transcript

Ameris Bancorp (ABCB) delivered earnings and revenue surprises of 48.21% and 8.46%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Ameris Bancorp (ABCB) Surpasses Q1 Earnings and Revenue Estimates

Shares of Ameris (NASDAQ:ABCB) decreased in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 196.43% year over year to $1.66, which beat the estimate of $1.15.

Recap: Ameris Q1 Earnings

ATLANTA, April 22, 2021 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") today reported net income of $125.0 million, or $1.79 per diluted share, for the quarter ended March 31, 2021, compared with $19.3 million, or $0.28 per diluted share, for the quarter ended March 31, 2020.  The increase in net income is primarily attributable to a reduction in provision for credit losses of $69.6 million and an increase in mortgage banking activity for the quarter of $63.2 million.

Ameris Bancorp Announces Financial Results For First Quarter 2021

Ameris Bancorp (ABCB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Ameris Bancorp (ABCB) Might Surprise This Earnings Season

Ameris Bancorp (ABCB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Ameris Bancorp (ABCB) Beat Estimates Again in Its Next Earnings Report?

BankUnited

Investors Bancorp

Umpqua Holdings

Walker & Dunlop

According to the GuruFocus All-In-One Screener, a Premium feature, the following banks were trading with low price-sales ratios as of April 19.

5 Banks Trading With Low Price-Sales Ratios

Nucor

Pool

360 Finance Inc - ADR

Find out which top-rated stocks have just earned a spot on IBD's lists of the best growth stocks. The post 360-DigiTech Stock, Ameris Bancorp, Nucor And Pool Among New Stocks To Watch appeared first on Investor's Business Daily.

360-DigiTech Stock, Ameris Bancorp, Nucor And Pool Among New Stocks To Watch

Ameris Bancorp (ABCB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Ameris Bancorp (ABCB) Reports Next Week: Wall Street Expects Earnings Growth

It's not just the big banks that could benefit from the economy reopening.

These Banks Could Be Big Winners in 2021

Reliant Bancorp

Winnebago

Top Ranked Momentum Stocks to Buy for April 5th

Commercial Metals

LGI Homes

Mercury General

Worthington Industries

According to the GuruFocus All-in-One Screener, a Premium feature, as of April 1, the following companies are trading below their Peter Lynch fair values with wide margins of safety and have had positive performances over the past 12 months.

5 Undervalued Stocks Below the Peter Lynch Value

5 Stocks Trading Below the Peter Lynch Value

ATLANTA, March 31, 2021 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") announced today that it intends to release its first quarter 2021 financial results in a press release after the market closes on Thursday, April 22, 2021.  H. Palmer Proctor, Jr., Chief Executive Officer, Nicole S.

Ameris Bancorp Announces Date Of First Quarter 2021 Earnings Release And Conference Call

BRP Inc

Lennar

Thor Industries

Top Ranked Momentum Stocks to Buy for March 30th

Ameris Bancorp (ABCB) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes Ameris Bancorp (ABCB) a New Strong Buy Stock

Does Ameris Bancorp (ABCB) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Ameris Bancorp (ABCB) a Strong Momentum Stock: Buy Now?

Ameris Bancorp (ABCB) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why Ameris Bancorp (ABCB) Stock Might be a Great Pick

Ameris Bancorp (ABCB) Is Up 0.23% in One Week: What You Should Know

Amalgamated Financial Corp

Axos Financial Inc.

Green Dot

Live Oak Bancshares

Here are four smaller banks that investors might want to consider.

A High-Potential Basket of Small Bank Stocks

As of late, it has definitely been a great time to be an investor in Ameris Bancorp (ABCB).

Ameris Bancorp's (ABCB) Shares March Higher, Can It Continue?

Ameris Bancorp (ABCB) Upgraded to Strong Buy: What Does It Mean for the Stock?

Ameris Bancorp (ABCB) CEO Palmer Proctor on Q4 2020 Results - Earnings Call Transcript

News for Ameris Bancorp Stock (ABCB)