-2.16%
3.73%
3.43%
14.04%
33.17%
32.38%
58.71%
AI Spotlight on ABCB
Company Description
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.
Market Data
| Last Price | 64.23 |
| Change Percentage | -2.16% |
| Open | 64.4 |
| Previous Close | 65.65 |
| Market Cap ( Millions) | 4436 |
| Volume | 538874 |
| Year High | 74.56 |
| Year Low | 44.23 |
| M A 50 | 65.62 |
| M A 200 | 58.58 |
Financial Ratios
| FCF Yield | 5.00% |
| Dividend Yield | 1.01% |
| ROE | 9.33% |
| Debt / Equity | 12.99% |
| Net Debt / EBIDTA | 0.00% |
| Price To Book | 1.2 |
| Price Earnings Ratio | 13.38 |
| Price To FCF | 20.02 |
| Price To sales | 3.24 |
| EV / EBITDA | 0 |
News
- Feb -01 - Ameris Bancorp (ABCB) Q4 2024 Earnings Call Transcript
- Jan -31 - Compared to Estimates, Ameris Bancorp (ABCB) Q4 Earnings: A Look at Key Metrics
- Jan -30 - Ameris Bancorp (ABCB) Q4 Earnings and Revenues Surpass Estimates
- Jan -30 - Ameris Bancorp Announces Fourth Quarter and Full Year 2024 Financial Results
- Jan -28 - Ameris Bank Boosts Commercial Banking with Key New Hires in Southeast Markets
- Jan -08 - Ameris Bancorp Named to Forbes' List of America's Best Companies
- Jan -07 - Ameris Bancorp to Announce Fourth Quarter 2024 Earnings on January 30, 2025
- Jan -02 - Ameris Bancorp (ABCB) Loses -9.76% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
- Jan -01 - Ameris Bancorp (ABCB) Upgraded to Buy: Here's What You Should Know
- Dec -19 - Ameris Bancorp Rewards Shareholders With a 33.3% Dividend Hike
- Dec -18 - Ameris Bancorp Announces Increase in Quarterly Dividend
- Dec -10 - Waste-to-Value Pioneer Nexus W2V Secures $140MM Investment & Announces Construction of Flagship RNG Facility in Indiana
- Nov -04 - Emily Dawkins Named as Florida President of Ameris Bank
- Oct -25 - Ameris Bancorp (ABCB) Q3 2024 Earnings Call Transcript
- Oct -24 - Ameris Bancorp (ABCB) Reports Q3 Earnings: What Key Metrics Have to Say
- Oct -24 - Ameris Bancorp (ABCB) Q3 Earnings Top Estimates
- Oct -24 - Ameris Bancorp Announces Financial Results for Third Quarter 2024
- Oct -23 - Ameris Bancorp (ABCB) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
- Oct -04 - Why Ameris Bancorp (ABCB) is Poised to Beat Earnings Estimates Again
- Oct -01 - AMERIS BANCORP TO ANNOUNCE THIRD QUARTER 2024 EARNINGS ON OCTOBER 24, 2024
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Banking
Expected Growth : 8 %
What the company do ?
Ameris Bancorp's Banking segment provides traditional banking services, including commercial and retail lending, deposit services, and treasury management to individuals, businesses, and governments.
Why we expect these perspectives ?
Ameris Bancorp's 8% growth is driven by strategic acquisitions, expanding commercial lending, and a strong mortgage banking segment. Additionally, the bank's focus on digital transformation, cost savings initiatives, and a favorable interest rate environment have contributed to its growth momentum.
Segment n°2 -> Retail Mortgage
Expected Growth : 12 %
What the company do ?
Ameris Bancorp's Retail Mortgage offers competitive rates and flexible terms for homebuyers, with personalized service and local decision-making.
Why we expect these perspectives ?
Ameris Bancorp's 12% retail mortgage growth is driven by strategic expansion into high-growth markets, increased digital lending capabilities, and a strong brand reputation. Additionally, low interest rates and government-backed loan programs have increased demand, while the bank's efficient operations and cost management have enabled it to maintain profitability.
Segment n°3 -> Premium Finance
Expected Growth : 9 %
What the company do ?
Premium Finance from Ameris Bancorp provides financing solutions for insurance premiums, enabling businesses and individuals to pay premiums in installments rather than upfront.
Why we expect these perspectives ?
Ameris Bancorp's Premium Finance segment growth is driven by increasing demand for insurance premium financing, expansion into new markets, strategic partnerships, and investments in digital platforms. Additionally, the company's focus on customer service, competitive pricing, and efficient underwriting processes contribute to its 9% growth rate.
Segment n°4 -> Warehouse Lending
Expected Growth : 11 %
What the company do ?
Ameris Bancorp's Warehouse Lending provides short-term funding for mortgage bankers to originate and sell loans, offering flexible terms and competitive pricing.
Why we expect these perspectives ?
Ameris Bancorp's 11% growth in Warehouse Lending is driven by increasing demand for mortgage originations, expansion into new markets, and strategic partnerships. Additionally, the company's investment in digital platforms and process efficiencies has improved customer experience, leading to increased market share and revenue growth.
Segment n°5 -> Small Business Administration
Expected Growth : 7 %
What the company do ?
The Small Business Administration (SBA) is a US government agency that provides financial assistance to small businesses and entrepreneurs through loan guarantees, typically in partnership with lenders like Ameris Bancorp.
Why we expect these perspectives ?
Ameris Bancorp's Small Business Administration segment growth of 7% is driven by increased lending to small businesses, government-backed loan guarantees, and a strong economy. Additionally, the segment benefits from the bank's expanded footprint, digital platform enhancements, and strategic partnerships, enabling it to reach more customers and provide tailored financial solutions.
Ameris Bancorp Products
| Product Range | What is it ? |
|---|---|
| Consumer Banking | Ameris Bancorp offers a range of consumer banking products and services, including checking and savings accounts, credit cards, personal loans, and mortgages. |
| Commercial Banking | Ameris Bancorp provides commercial banking services, including cash management, commercial lending, and treasury management, to businesses of all sizes. |
| Mortgage Banking | Ameris Bancorp offers a range of mortgage banking services, including residential and commercial mortgage lending, to individuals and businesses. |
| SBA Lending | Ameris Bancorp provides Small Business Administration (SBA) loans to small businesses and entrepreneurs, offering flexible financing options and competitive rates. |
| Wealth Management | Ameris Bancorp offers wealth management services, including investment management, trust services, and financial planning, to individuals and families. |
| Treasury Management | Ameris Bancorp provides treasury management services, including cash management, wire transfers, and account reconciliation, to businesses and organizations. |
Ameris Bancorp's Porter Forces
Threat Of Substitutes
Ameris Bancorp operates in a highly competitive industry, and customers have various alternatives for banking services. However, the company's strong brand recognition and extensive branch network help to mitigate the threat of substitutes.
Bargaining Power Of Customers
Ameris Bancorp's customers are primarily individuals and small businesses, which have limited bargaining power. The company's large customer base and diversified product offerings also reduce the bargaining power of individual customers.
Bargaining Power Of Suppliers
Ameris Bancorp's suppliers are primarily technology and service providers, which have limited bargaining power. The company's scale and financial resources also give it negotiating power over its suppliers.
Threat Of New Entrants
The banking industry has high barriers to entry, including regulatory hurdles and capital requirements. Additionally, Ameris Bancorp's established brand and extensive branch network make it difficult for new entrants to compete effectively.
Intensity Of Rivalry
The banking industry is highly competitive, with many established players competing for market share. Ameris Bancorp faces intense competition from larger banks and fintech companies, which can impact its market share and profitability.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 15.97% |
| Debt Cost | 9.19% |
| Equity Weight | 84.03% |
| Equity Cost | 9.19% |
| WACC | 9.19% |
| Leverage | 19.00% |
Ameris Bancorp : Quality Control
Ameris Bancorp passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| UMBF | UMB Financial Corporation operates as the bank holding company for the UMB Bank that provides various banking and other financial services. The Commercial Banking segment provides commercial loans and credit … |
| WBS | Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides a range of banking, investment, and financial services to individuals, families, and businesses in … |
| HWC | Hancock Whitney Corporation operates as the financial holding company for Hancock Whitney Bank that provides traditional and online banking services to commercial, small business, and retail customers. It accepts various … |
| SSB | SouthState Corporation operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies. It accepts checking accounts, … |
| AUB | Atlantic Union Bankshares Corporation operates as the holding company for Atlantic Union Bank that provides banking and related financial services to consumers and businesses. The company accepts various deposit products, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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SouthState
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Hancock Whitney
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UMB
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4
Ameris
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1-Year Total Return ->
5
Webster
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1-Year Total Return ->
6
