The Ameris Bancorp (ABCB) share price is expected to increase by 8.36% 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.
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.
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 |
Catherine Mealor Keefe, Bruyette & Woods | Outperform | $65 | Maintains | Jul 29, 2024 |
Brandon King Truist Securities | Buy | $69 | 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 |
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
$4.67B
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.