Ameris Bancorp's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 28/402 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 82.14.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Ameris Bancorp's Score
Industry at a Glance
Industry Ranking
28 / 402
Overall Ranking
75 / 4562
Industry
Banking Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
7
analysts
Buy
Current Rating
82.143
Target Price
+7.36%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Ameris Bancorp Highlights
StrengthsRisks
Ameris Bancorp is a financial holding company, through its banking subsidiary, Ameris Bank (the Bank), which provides a full range of banking services to its retail and commercial customers, who are primarily concentrated in select markets in Georgia, Alabama, Florida, North Carolina and South Carolina. Its Banking Division provides full-service financial services to include commercial loans, consumer loans and deposit accounts. Its Retail Mortgage Division is engaged in the origination, sales and servicing of one-to-four family residential mortgage loans. Its Warehouse Lending Division is engaged in the origination and servicing of warehouse lines to other businesses that are secured by underlying one-to-four family residential mortgage loans and residential mortgage servicing rights. Its Premium Finance Division is engaged in the origination and servicing of commercial insurance premium finance loans. It operates 164 full-service domestic banking offices.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 12.61%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 12.61%.
Overvalued
The company’s latest PB is 1.31, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 65.40M shares, decreasing 0.01% quarter-over-quarter.
Ameris Bancorp is a financial holding company, through its banking subsidiary, Ameris Bank (the Bank), which provides a full range of banking services to its retail and commercial customers, who are primarily concentrated in select markets in Georgia, Alabama, Florida, North Carolina and South Carolina. Its Banking Division provides full-service financial services to include commercial loans, consumer loans and deposit accounts. Its Retail Mortgage Division is engaged in the origination, sales and servicing of one-to-four family residential mortgage loans. Its Warehouse Lending Division is engaged in the origination and servicing of warehouse lines to other businesses that are secured by underlying one-to-four family residential mortgage loans and residential mortgage servicing rights. Its Premium Finance Division is engaged in the origination and servicing of commercial insurance premium finance loans. It operates 164 full-service domestic banking offices.
Ticker SymbolABCB
CompanyAmeris Bancorp
CEOProctor (H. Palmer Palmer)
Websitehttps://www.amerisbank.com/
FAQs
What is the current price of Ameris Bancorp (ABCB)?
The current price of Ameris Bancorp (ABCB) is 76.580.
What is the symbol of Ameris Bancorp?
The ticker symbol of Ameris Bancorp is ABCB.
What is the 52-week high of Ameris Bancorp?
The 52-week high of Ameris Bancorp is 78.990.
What is the 52-week low of Ameris Bancorp?
The 52-week low of Ameris Bancorp is 48.270.
What is the market capitalization of Ameris Bancorp?
The market capitalization of Ameris Bancorp is 5.25B.
What is the net income of Ameris Bancorp?
The net income of Ameris Bancorp is 358.69M.
Is Ameris Bancorp (ABCB) currently rated as Buy, Hold, or Sell?
According to analysts, Ameris Bancorp (ABCB) has an overall rating of Buy, with a price target of 82.143.
What is the Earnings Per Share (EPS TTM) of Ameris Bancorp (ABCB)?
The Earnings Per Share (EPS TTM) of Ameris Bancorp (ABCB) is 5.801.