
Truist initiates coverage of regional lender Ameris Bancorp ABCB.N with "hold" rating, citing its current valuation
Brokerage expects ABCB's net interest margin to compress amid potential rate cuts and deposit competition
Truist views Ameris as consistently growing bank with attractive franchise and profitable business model
Brokerage sets PT at $80, ~7.7% upside on stock's last close
As of last close, stock up ~18.7% YTD