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Ameris Bancorp

Ameris Bancorp Stock Forecast & Price Prediction

Live Ameris Bancorp Stock (ABCB) Price
$67.89

5

Ratings

  • Buy 4
  • Hold 1
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$67.89

P/E Ratio

14.20

Volume Traded Today

$265,712

Dividend

$0.15

52 Week High/low

74.56/44.00

Ameris Bancorp Market Cap

$4.69B

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ABCB Summary

The Ameris Bancorp (ABCB) share price is expected to increase by 7.53% over the next year. This is based on calculating the average 12-month share price estimate provided by 5 stock analysts who have covered ABCB. Price targets range from $67 at the low end to $80 at the high end. The current analyst consensus for ABCB is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

ABCB Analyst Ratings

About 5 Wall Street analysts have assignedABCB 4 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect Ameris Bancorp to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ABCB. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

ABCB stock forecast by analyst

These are the latest 20 analyst ratings of ABCB.

Analyst/Firm

Rating

Price Target

Change

Date

Catherine Mealor
Keefe, Bruyette & Woods

Outperform

$80

Maintains

Dec 4, 2024
Tyler Stafford
Stephens & Co.

Equal-Weight

$67

Maintains

Oct 28, 2024
Brandon King
Truist Securities

Buy

$68

Maintains

Oct 28, 2024
Brandon King
Truist Securities

Buy

$73

Maintains

Sep 20, 2024
Kevin Fitzsimmons
DA Davidson

Buy

$76

Maintains

Jul 29, 2024
Tyler Stafford
Stephens & Co.

Equal-Weight

$64

Maintains

Jul 29, 2024
Brandon King
Truist Securities

Buy

$69

Maintains

Jul 29, 2024
Catherine Mealor
Keefe, Bruyette & Woods

Outperform

$65

Maintains

Jul 29, 2024
Casey Orr Whitman
Piper Sandler

Overweight

$57

Maintains

Apr 29, 2024
Russell Gunther
Stephens & Co.

Equal-Weight

$53

Reiterates

Apr 26, 2024
Brandon King
Truist Securities

Buy

$54

Maintains

Apr 1, 2024
Russell Gunther
Stephens & Co.

Equal-Weight

$53

Reiterates

Jan 30, 2024
Kevin Fitzsimmons
DA Davidson

Buy

$44

Upgrade

Oct 10, 2023
Brandon King
Truist Securities

Buy

$44

Maintains

Sep 27, 2023
Casey Orr Whitman
Piper Sandler

Overweight

$50

Maintains

Jul 31, 2023
Brandon King
Truist Securities

Buy

$48

Maintains

Jul 31, 2023
Casey Orr Whitman
Piper Sandler

Overweight

$46

Maintains

May 1, 2023
Brandon King
Truist Securities

Buy

$38

Maintains

May 1, 2023
Brady Gailey
Keefe, Bruyette & Woods

Outperform

$50

Maintains

May 1, 2023
Russell Gunther
Stephens & Co.

Equal-Weight

$41

Initiates

Apr 4, 2023

ABCB Company Information

What They Do: Provides a range of banking services.

Business Model: Ameris Bancorp operates as a bank holding company, generating revenue through various banking services including checking and savings accounts, loans (commercial, residential, agricultural), and mortgage services. It serves both retail and commercial customers across multiple divisions, allowing for diversified income streams.

Other Information: Founded in 1971 and headquartered in Atlanta, Georgia, Ameris Bancorp operates through five segments: Banking Division, Retail Mortgage Division, Warehouse Lending Division, SBA Division, and Premium Finance Division. The company has a strong presence with full-service banking offices and loan production offices.
ABCB
Ameris Bancorp (ABCB)

When did it IPO

1994

Staff Count

2,733

Country

United States

Sector/Industry

Financial Services/Banks - Regional

CEO

Mr. H. Palmer Proctor Jr.

Market Cap

$4.69B

Ameris Bancorp (ABCB) Financial Data

In 2023, ABCB generated $1.04B in revenue, which was a decrease of -0.58% from the previous year. This can be seen as a signal that ABCB's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$1.06B

Revenue From 2021

$990.9M

-6.37 %
From Previous Year

Revenue From 2022

$1.05B

5.83 %
From Previous Year

Revenue From 2023

$1.04B

-0.58 %
From Previous Year
  • Revenue TTM $1.05B
  • Operating Margin TTM 46.8%
  • Gross profit TTM $0
  • Return on assets TTM 1.3%
  • Return on equity TTM 9.4%
  • Profit Margin 31.5%
  • Book Value Per Share 53.50%
  • Market capitalisation $4.69B
  • Revenue for 2021 $990.9M
  • Revenue for 2022 $1.05B
  • Revenue for 2023 $1.04B
  • EPS this year (TTM) $4.78

Ameris Bancorp (ABCB) Latest News

News Image

Mon, 04 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Ameris Bank appointed Emily Dawkins as Florida president to enhance its presence and services in the state, succeeding Brian Parks, who has been promoted to a higher position.

Why It Matters - Emily Dawkins' appointment as Florida president signals Ameris Bank's focus on growth in a key market, potentially enhancing its competitive edge and financial performance in the region.

News Image

Thu, 31 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Ameris Bank has appointed Brian Parks as head of Wholesale Banking, overseeing multiple banking sectors in Atlanta. Parks has been with the bank since 2020.

Why It Matters - Brian Parks' promotion to head of Wholesale Banking signals a strategic focus on enhancing Ameris Bank's commercial offerings, potentially driving growth and profitability in key markets.

News Image

Fri, 25 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Ameris Bancorp (NYSE: ABCB) will hold its Q3 2024 Earnings Conference Call on October 25, 2024, at 9:00 AM ET, featuring key company executives and analysts from various firms.

Why It Matters - The Ameris Bancorp earnings call provides insights into financial performance and future strategies, influencing investor sentiment and stock valuation in the banking sector.

News Image

Thu, 24 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Ameris Bancorp reported Q3 2024 net income of $99.2 million ($1.44/share), up from $80.1 million ($1.16/share) in Q3 2023. Adjusted net income was $95.2 million ($1.38/share).

Why It Matters - Ameris Bancorp's strong quarterly earnings growth signals improved profitability, potentially boosting investor confidence and stock performance. Adjusted figures show consistent operational strength.

News Image

Wed, 23 Oct 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

Summary - Analysts are assessing Ameris Bancorp's performance for Q3 2024 by focusing on key metrics beyond standard revenue and earnings estimates.

Why It Matters - Analyzing Ameris Bancorp's key metrics beyond standard estimates can reveal growth potential, risk factors, and operational efficiency, influencing investment decisions and stock valuation.

News Image

Thu, 24 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Ameris Bancorp (ABCB) has reported its quarterly performance for September 2024, with key metrics available for comparison against Wall Street estimates and the prior year's results.

Why It Matters - Comparing Ameris Bancorp's quarterly performance to Wall Street estimates and prior year results helps assess its growth, profitability, and market positioning, influencing investment decisions.

...

ABCB Frequently asked questions

The highest forecasted price for ABCB is $80 from Catherine Mealor at Keefe, Bruyette & Woods.

The lowest forecasted price for ABCB is $67 from Tyler Stafford from Stephens & Co.

The ABCB analyst ratings consensus are 4 buy ratings, 1 hold ratings, and 0 sell ratings.