Ameris Bancorp Financials

ABCB Stock  USD 70.89  0.48  0.67%   
Based on the analysis of Ameris Bancorp's profitability, liquidity, and operating efficiency, Ameris Bancorp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Ameris Bancorp's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 3.6 B, whereas Net Debt is projected to grow to (501 M). Key indicators impacting Ameris Bancorp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.140.1859
Way Down
Slightly volatile
Return On Assets0.00660.0107
Way Down
Slightly volatile
Return On Equity0.08570.0785
Significantly Up
Slightly volatile
Debt Equity Ratio0.180.1867
Sufficiently Down
Pretty Stable
Current Ratio0.230.246
Notably Down
Slightly volatile
Investors should never underestimate Ameris Bancorp's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Ameris Bancorp's cash flow, debt, and profitability to make informed and accurate decisions about investing in Ameris Bancorp.

Net Income

282.56 Million

  
Understanding current and past Ameris Bancorp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ameris Bancorp's financial statements are interrelated, with each one affecting the others. For example, an increase in Ameris Bancorp's assets may result in an increase in income on the income statement.
Please note, the presentation of Ameris Bancorp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ameris Bancorp's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Ameris Bancorp's management manipulating its earnings.

Ameris Bancorp Stock Summary

Ameris Bancorp competes with Kearny Financial, Bankwell Financial, Business First, Home Federal, and LINKBANCORP. 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. Ameris Bancorp was founded in 1971 and is headquartered in Atlanta, Georgia. Ameris Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 2865 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS03076K1088
CUSIP03076K108 000400101
LocationGeorgia; U.S.A
Business Address3490 Piedmont Road
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.amerisbank.com
Phone404 639 6500
CurrencyUSD - US Dollar

Ameris Bancorp Key Financial Ratios

Ameris Bancorp Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets18.2B20.4B23.9B25.1B25.2B26.5B
Net Debt1.3B345.9M601.4M1.7B(527.4M)(501.0M)
Retained Earnings508.0M671.5M1.0B1.3B1.5B1.6B
Cash246.5M203.6M264.8M284.6M1.2B1.2B
Other Assets13.9B17.0B20.9B20.2B(2.8B)(2.7B)
Total Liab1.5B549.5M866.2M21.9B21.8B22.9B
Total Current Assets1.6B1.2B857.4M1.8B2.4B2.4B
Short Term Debt1.2B24.8M17.9M11.3M11.2M10.7M
Other Current Liab13.5B16.6B9.2B9.2B9.8B6.1B
Other Current Assets641.6M2.1B4.1B1.2B1.3B2.3B
Common Stock71.5M71.8M72.0M72.3M72.5M76.1M
Other Liab152.3M272.6M354.3M319.4M367.3M385.7M
Accounts Payable14.0B17.0B19.7B19.5B22.4B23.5B
Long Term Debt1.5B549.5M866.2M2.0B639.9M387.2M
Inventory19.5M12.4M3.9M843K969.5K921.0K
Treasury Stock(16.6M)(35.0M)(43.0M)(52.4M)(47.2M)(44.8M)
Intangible Assets91.6M72.0M125.9M106.2M87.9M92.3M
Good Will931.6M928.0M1.0B1.0B1.2B1.2B
Net Tangible Assets1.4B1.6B1.8B2.1B2.4B2.5B
Long Term Debt Total241.0M397.2M549.5M866.2M996.1M1.0B
Capital Surpluse1.1B1.9B1.9B1.9B2.2B2.3B

Ameris Bancorp Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense131.2M88.8M47.8M92.9M445.4M467.7M
Total Revenue699.2M1.1B1.0B1.1B1.4B1.5B
Gross Profit699.2M1.1B1.0B1.1B1.5B1.6B
Operating Income211.6M340.2M496.1M546.0M(30.5M)(29.0M)
Ebit188.2M304.7M463.1M514.9M(30.5M)(29.0M)
Ebitda229.3M359.9M511.1M565.7M18.2M17.3M
Income Before Tax211.6M340.2M496.1M453.1M356.9M374.8M
Net Income161.4M262.0M376.9M346.5M269.1M282.6M
Income Tax Expense50.1M78.3M119.2M106.6M87.8M92.2M
Tax Provision50.1M78.3M119.2M106.6M85.7M69.7M
Net Interest Income505.2M637.8M655.3M801.0M853.1M544.0M
Interest Income636.4M726.5M703.1M893.9M1.2B650.1M

Ameris Bancorp Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(57.7M)1.5B1.9B(2.9B)49.2M41.6M
Free Cash Flow(951.8M)780.3M(16.3M)1.0B551.4M579.0M
Depreciation41.1M55.1M47.9M50.8M48.7M51.2M
Other Non Cash Items(1.2B)627.8M(482.1M)715.1M228.7M240.2M
Dividends Paid24.7M41.7M41.8M41.6M41.6M43.7M
Capital Expenditures11.6M18.1M25.4M13.6M17.5M18.4M
Net Income161.4M262.0M376.9M346.5M269.1M282.6M
End Period Cash Flow621.8M2.1B4.1B1.1B1.2B1.2B
Change To Netincome(1.2B)310.4M(435.7M)686.2M617.5M648.4M
Change To Inventory(3.6M)(12.1M)7.0M11.0M12.7M13.3M
Investments(487.1M)542.4M266.4M(4.9B)(1.7B)(1.6B)
Net Borrowings1.1B(987.7M)(302.1M)1.1B1.3B1.4B
Change Receivables(3.7M)(11.0M)(23.9M)19.3M22.2M23.3M

Ameris Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ameris Bancorp's current stock value. Our valuation model uses many indicators to compare Ameris Bancorp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ameris Bancorp competition to find correlations between indicators driving Ameris Bancorp's intrinsic value. More Info.
Ameris Bancorp is rated fourth in return on equity category among its peers. It is rated second in return on asset category among its peers reporting about  0.14  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Ameris Bancorp is roughly  7.40 . At present, Ameris Bancorp's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ameris Bancorp's earnings, one of the primary drivers of an investment's value.

Ameris Bancorp Systematic Risk

Ameris Bancorp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ameris Bancorp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Ameris Bancorp correlated with the market. If Beta is less than 0 Ameris Bancorp generally moves in the opposite direction as compared to the market. If Ameris Bancorp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ameris Bancorp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ameris Bancorp is generally in the same direction as the market. If Beta > 1 Ameris Bancorp moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Ameris Bancorp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ameris Bancorp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Ameris Bancorp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.58)

At present, Ameris Bancorp's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Ameris Bancorp November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Ameris Bancorp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ameris Bancorp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ameris Bancorp based on widely used predictive technical indicators. In general, we focus on analyzing Ameris Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ameris Bancorp's daily price indicators and compare them against related drivers.

Complementary Tools for Ameris Stock analysis

When running Ameris Bancorp's price analysis, check to measure Ameris Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ameris Bancorp is operating at the current time. Most of Ameris Bancorp's value examination focuses on studying past and present price action to predict the probability of Ameris Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ameris Bancorp's price. Additionally, you may evaluate how the addition of Ameris Bancorp to your portfolios can decrease your overall portfolio volatility.
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