Ameris Bancorp (ABCB) AI Stock Analysis

• Market Cap: $5.11B
• Dividend Yield: 1.01%
• Average Volume (3M): 473.34K
• Price to Earnings (P/E): 13.1
• Beta (1Y): 1.24
• Revenue Growth: 5.16%
• EPS Growth: 25.95%
• Country: US
• Employees: 2,045
• Sector: Financial
• Sector Strength: 71
• Industry: Banks - Regional
• EPS (TTM): 1.59
• Shares Outstanding: 68,586,845
• 10 Day Avg. Volume: 376,925
• 30 Day Avg. Volume: 473,338
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.92
• Enterprise Value/Revenue: 2.91
• Enterprise Value/Gross Profit: 4.35
• Enterprise Value/Ebitda: 8.54
• 1Y Price Target: $77.00
• Price Target Upside: 4.01% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3

• Rating: 79 Outperform
• Price Target: $79.00 ▲(6.71% Upside)

Ameris Bancorp's strong financial performance, positive technical indicators, and robust earnings call results contribute to a high overall score. The company's stable financial position and efficient cash management, along with positive market momentum, make it an attractive investment. However, challenges in revenue growth and potential future deposit cost pressures are noted.

Ameris Bancorp Business Overview & Revenue Model

Company Description

Ameris Bancorp (ABCB) is a financial holding company based in Moultrie, Georgia, primarily engaged in providing a variety of banking and financial services through its subsidiary, Ameris Bank. The company operates in the banking sector, offering a wide range of products including personal and commercial banking services, mortgage lending, and wealth management. With a focus on enhancing customer relationships and expanding its geographic presence, Ameris Bancorp serves both retail and business clients across multiple states in the southeastern United States.

How the Company Makes Money

Ameris Bancorp generates revenue primarily through interest income from loans and investments, as well as non-interest income from various banking services. The key revenue streams include interest from commercial loans, residential mortgages, and consumer loans, which are the core of the company's lending operations. Additionally, Ameris earns fees from services such as account maintenance, transaction processing, and wealth management services. The bank also benefits from net interest margin, which is the difference between the interest income generated and the interest paid out on deposits and borrowings. Significant partnerships with other financial institutions and participation in government programs further enhance its revenue potential by allowing for diversified financial offerings.

Ameris Bancorp Financial Statement Overview

Summary

Ameris Bancorp demonstrates a stable financial position with strong margins and efficient cash management. However, challenges in revenue growth and profitability are evident, as seen in the declining net profit margin and return on equity. The company's low leverage and strong equity base provide a solid foundation for future growth.

Income Statement

Ameris Bancorp's income statement shows a mixed performance. The TTM data indicates a slight decline in total revenue, but the company maintains a healthy gross profit margin of 66.8% and an EBIT margin of 31.3%. However, the net profit margin has decreased to 11.3% from 21.9% in the previous year, reflecting a drop in profitability. Despite the revenue decline, the company has managed to keep its EBITDA margin stable at 34.1%, indicating efficient cost management.

Balance Sheet

The balance sheet of Ameris Bancorp is strong, with a low debt-to-equity ratio of 0.13, indicating prudent financial leverage. The return on equity has decreased to 4.8% in the TTM, which is a concern, but the equity ratio remains robust at 14.7%. The company has managed to maintain a solid equity base, which provides stability and reduces financial risk.

Cash Flow

The cash flow statement shows a significant improvement in free cash flow growth at 64.3% in the TTM, reflecting strong cash generation capabilities. However, the operating cash flow to net income ratio is low at 1.9%, suggesting potential challenges in converting income into cash. The free cash flow to net income ratio is high at 95.8%, indicating efficient cash management despite the low operating cash flow coverage.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.62B	1.63B	1.49B	1.14B	1.04B	1.15B
Gross Profit	1.08B	1.05B	899.85M	976.89M	1.03B	912.86M
EBITDA	551.84M	522.59M	402.87M	506.72M	544.04M	395.36M
Net Income	391.36M	358.69M	269.11M	346.54M	376.91M	261.99M
Balance Sheet
Total Assets	26.68B	26.26B	25.20B	25.05B	23.86B	20.44B
Cash, Cash Equivalents and Short-Term Investments	2.37B	2.89B	2.57B	2.62B	4.64B	3.08B
Total Debt	510.01M	424.10M	639.90M	2.00B	872.05M	561.14M
Total Liabilities	22.76B	22.51B	21.78B	21.86B	20.89B	17.79B
Stockholders Equity	3.92B	3.75B	3.43B	3.20B	2.97B	2.65B
Cash Flow
Free Cash Flow	393.80M	140.72M	551.43M	1.05B	-16.31M	780.28M
Operating Cash Flow	410.90M	154.19M	568.96M	1.06B	9.14M	798.40M
Investing Cash Flow	-438.19M	-846.68M	-338.19M	-4.87B	-420.98M	-1.20B
Financing Cash Flow	-164.63M	745.56M	-181.59M	865.53M	2.36B	1.90B

Ameris Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 74.03
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ABCB, the sentiment is Positive. The current price of 74.03 is above the 20-day moving average (MA) of 71.39, above the 50-day MA of 68.65, and above the 200-day MA of 63.40, indicating a bullish trend. The MACD of 1.70 indicates Negative momentum. The RSI at 65.40 is Neutral, neither overbought nor oversold. The STOCH value of 77.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ABCB.

Ameris Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AX	80 Outperform	$5.20B	12.17	17.42%	―	9.00%	-2.90%
HWC	80 Outperform	$5.38B	11.72	11.30%	2.79%	0.76%	27.66%
SFBS	80 Outperform	$4.82B	19.32	15.46%	1.49%	8.15%	26.16%
ABCB	79 Outperform	$5.11B	13.13	10.46%	1.01%	5.16%	25.95%
AUB	77 Outperform	$5.13B	17.52	5.18%	3.80%	37.25%	-8.67%
Sector *	68 Neutral	$17.81B	11.87	10.24%	3.74%	9.75%	1.30%
FFIN	65 Neutral	$5.33B	21.73	15.09%	1.99%	14.53%	21.78%

Ameris Bancorp Corporate Events

Ameris Bancorp Reports Strong Q2 2025 Financial Results

Ameris Bancorp announced its financial results for the second quarter of 2025, reporting a net income of $109.8 million, up from $90.8 million in the same quarter of 2024. The company achieved a return on average assets of 1.65% and a return on average tangible common equity of 15.82%. Key performance indicators such as net interest margin and efficiency ratio showed improvement, with the tangible book value per share growing at an annualized rate of 15.5% to $41.32. The company also reported growth in total revenue, average earning assets, and noninterest-bearing deposits. Ameris Bancorp’s strong balance sheet positions it well for future growth opportunities in its Southeast footprint.

Ameris Bancorp Holds Annual Shareholders Meeting

On June 5, 2025, Ameris Bancorp held its Annual Meeting of Shareholders, where 88.25% of the shares were represented. During the meeting, shareholders elected ten members to the Board of Directors, ratified KPMG LLP as the independent registered public accounting firm for 2025, and approved the compensation of the company’s executive officers.