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Last $25.19 USD
Change Today -0.09 / -0.36%
Volume 42.8K
ABCB On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 11:54 AM 05/28/15 All times are local (Market data is delayed by at least 15 minutes).

ameris bancorp (ABCB) Snapshot

Open
$25.15
Previous Close
$25.28
Day High
$25.47
Day Low
$24.98
52 Week High
04/2/15 - $27.01
52 Week Low
06/2/14 - $20.58
Market Cap
810.7M
Average Volume 10 Days
102.4K
EPS TTM
$1.53
Shares Outstanding
32.2M
EX-Date
03/27/15
P/E TM
16.4x
Dividend
$0.20
Dividend Yield
0.79%
Current Stock Chart for AMERIS BANCORP (ABCB)

ameris bancorp (ABCB) Related Businessweek News

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ameris bancorp (ABCB) Details

Ameris Bancorp operates as the bank holding company for Ameris Bank that provides banking services to retail and commercial customers in Georgia, Alabama, Florida, and South Carolina. The company operates through three segments: Banking Division, Mortgage Division, and SBA Division. It offers a range of deposit accounts and services, including commercial and retail checking accounts, regular interest-bearing savings accounts, money market accounts, individual retirement accounts, and certificates of deposit. The company also provides commercial real estate loans; residential real estate mortgage loans; agricultural loans; commercial and industrial loans; and consumer loans, such as motor vehicle, home improvement, home equity, student, and signature loans, as well as small personal credit lines. It operates 73 domestic banking offices and 9 mortgage production offices. Ameris Bancorp was founded in 1971 and is headquartered in Moultrie, Georgia.

1,027 Employees
Last Reported Date: 03/16/15
Founded in 1971

ameris bancorp (ABCB) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $873.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $470.0K
Chief Operating Officer, Executive Vice Presi...
Total Annual Compensation: $575.0K
Chief Risk Officer, Executive Vice President,...
Total Annual Compensation: $405.0K
Chief Credit Officer, Executive Vice Presiden...
Total Annual Compensation: $345.0K
Compensation as of Fiscal Year 2014.

ameris bancorp (ABCB) Key Developments

Ameris Bancorp Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Reports Net Charge-Offs for the First Quarter Ended March 31, 2015

Ameris Bancorp announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported operating net income of $9.8 million, or $0.32 per diluted share compared to $8.1 million, or $0.32 per diluted share, for the quarter ended March 31, 2014. Total revenue increased to $59.9 million in the first quarter of 2015, compared to $50.6 million in the first quarter of 2014. Increases in revenue resulted from the addition of The Coastal Bank, as well as strong organic growth in loans, excluding purchased non-covered and covered loans. Tangible book value per share increased to $13.01, compared to $10.99 at December 31, 2014. Net income available to common shareholders totaled $9.8 million, an increase of 21.1% compared to the same quarter in 2014. Returns on average assets and average tangible common equity were 0.97% and 8.76%, respectively, in the first quarter of 2015 compared to 0.96% and 11.66%, respectively, in the same quarter of 2014. Net interest income totaled $38.8 million, an increase of $4.3 million, or 12.6%, compared to the $34.5 million reported for the first quarter of 2014. Book value per share was $15.22 compared to $11.93 a year ago. Total interest income was $42,368,000 compared to $37,873,000 a year ago. Income before income taxes was $14,511,000 compared to $12,273,000 a year ago. Diluted earnings available to common shareholders were $0.32 compared to $0.32 a year ago. The company reported net charge-offs for the first quarter ended March 31, 2015. For the period, the company reported net charge-off of $405,000 compared to $1,134,000 a year ago.

Ameris Bancorp, Annual General Meeting, May 28, 2015

Ameris Bancorp, Annual General Meeting, May 28, 2015., at 14:00 US Eastern Standard Time. Location: 24 Second Avenue Southeast. Agenda: To consider election of three Class III directors for a three-year term of office and one Class II director for a two-year term of office; to ratify the appointment of Crowe Horwath LLP as the company's independent auditor for 2015; to consider the advisory approval of the company's executive compensation; and to consider any other business that may properly come before the Annual Meeting or any adjournment or postponement thereof.

Ameris Bancorp to Report Q1, 2015 Results on Apr 23, 2015

Ameris Bancorp announced that they will report Q1, 2015 results at 9:00 AM, Eastern Standard Time on Apr 23, 2015

 

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ABCB Competitors

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Company Last Change
Berkshire Hills Bancorp Inc $27.25 USD -0.33
Brookline Bancorp Inc $10.98 USD -0.08
Farmers & Merchants Bank of Long Beach/Long Beach CA $6,010 USD 0.00
First Commonwealth Financial Corp $9.08 USD -0.03
Tompkins Financial Corp $51.70 USD -0.105
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Industry Analysis

ABCB

Industry Average

Valuation ABCB Industry Range
Price/Earnings 17.5x
Price/Sales 3.6x
Price/Book 1.6x
Price/Cash Flow 20.5x
TEV/Sales 2.1x
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