Ameris Bancorp (ABCB) AI Stock Analysis

• Market Cap: $5.30B
• Dividend Yield: 1.02%
• Average Volume (3M): 446.29K
• Price to Earnings (P/E): 13.2
• Beta (1Y): 0.99
• Revenue Growth: 2.20%
• EPS Growth: 20.88%
• Country: US
• Employees: 2,045
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 1.53
• Shares Outstanding: 68,315,150
• 10 Day Avg. Volume: 570,327
• 30 Day Avg. Volume: 446,290
• PEG Ratio: 0.36
• Price to Book (P/B): 1.15
• Price to Sales (P/S): 2.64
• P/FCF Ratio: 30.60
• Enterprise Value/Market Cap: 1.00
• Enterprise Value/Revenue: 3.25
• Enterprise Value/Gross Profit: 4.83
• Enterprise Value/Ebitda: 9.43
• 1Y Price Target: $83.25
• Price Target Upside: 8.94% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): 5.97
• Revenue Forecast (FY): $1.21B

• Rating: 78 Outperform
• Price Target: $87.00 ▲(13.84% Upside)

Ameris Bancorp's overall stock score is driven by strong financial performance and technical indicators, supported by a positive earnings call and corporate events. The company's robust revenue growth and strategic initiatives, such as the share repurchase program, highlight its potential for future growth. However, challenges in maintaining profitability and potential margin compression are areas to watch.

Positive Factors

Revenue Growth

Sustained revenue growth indicates strong market demand and effective business strategies, positioning Ameris Bancorp for continued expansion.

Share Repurchase Program

The share repurchase program reflects management's confidence in the company's financial health and commitment to enhancing shareholder value.

Strong Capital Position

A strong capital position provides financial stability and flexibility to pursue growth opportunities and withstand economic uncertainties.

Negative Factors

Margin Compression Concerns

Margin compression can impact profitability, as increased costs may not be fully offset by revenue growth, affecting long-term earnings potential.

Efficiency Ratio Increase

An increasing efficiency ratio suggests rising operational costs, which could reduce profitability and require strategic adjustments to maintain competitiveness.

Declining Profit Margins

Declining profit margins indicate challenges in cost management or pricing power, potentially affecting long-term financial performance and shareholder returns.

Ameris Bancorp Business Overview & Revenue Model

Company Description

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. The company operates through five segments: Banking Division, Retail Mortgage Division, Warehouse Lending Division, SBA Division, and Premium Finance Division. It offers commercial and retail checking, regular interest-bearing savings, money market, individual retirement, and certificates of deposit accounts. The company also provides commercial real estate, residential real estate mortgage, agricultural, and commercial and industrial loans; consumer loans, including motor vehicle, home improvement, and home equity loans, as well as loans secured by savings accounts and small unsecured personal credit lines. In addition, it originates, administers, and services commercial insurance premium loans and small business administration loans. The company operates 165 full service domestic banking offices and 35 mortgage and loan production offices. Ameris Bancorp was founded in 1971 and is headquartered in Atlanta, Georgia.

How the Company Makes Money

Ameris Bancorp generates revenue primarily through interest income and non-interest income. Interest income is derived from loans made to consumers and businesses, including commercial real estate loans, residential mortgages, and consumer loans. The interest earned on these loans is a significant portion of the company's revenue. Non-interest income comes from various sources, including service fees on deposit accounts, mortgage origination fees, and wealth management services. Additionally, Ameris Bancorp has strategic partnerships with other financial institutions and technology providers that enhance its service offerings and customer reach, contributing to its overall earnings. The bank's focus on expanding its footprint through acquisitions and new branches also plays a critical role in driving growth and profitability.

Ameris Bancorp Financial Statement Overview

Summary

Ameris Bancorp demonstrates a stable financial position with strong margins and efficient cash management. The company faces challenges in revenue growth and profitability, as seen in the declining net profit margin and return on equity. However, its low leverage and strong equity base provide a solid foundation for future growth. The significant improvement in free cash flow is a positive indicator of the company's ability to generate cash, which can support future investments and debt reduction.

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	1.63B	1.63B	1.49B	1.14B	1.04B	1.15B
Gross Profit	1.10B	1.05B	899.85M	976.89M	1.03B	912.86M
EBITDA	560.60M	522.59M	402.87M	506.72M	544.04M	395.36M
Net Income	398.17M	358.69M	269.11M	346.54M	376.91M	261.99M
Balance Sheet
Total Assets	27.10B	26.26B	25.20B	25.05B	23.86B	20.44B
Cash, Cash Equivalents and Short-Term Investments	3.17B	2.89B	2.57B	2.62B	4.64B	3.08B
Total Debt	470.90M	424.10M	639.90M	2.00B	872.05M	561.14M
Total Liabilities	23.08B	22.51B	21.78B	21.86B	20.89B	17.79B
Stockholders Equity	4.02B	3.75B	3.43B	3.20B	2.97B	2.65B
Cash Flow
Free Cash Flow	394.56M	140.72M	551.43M	1.05B	-16.31M	780.28M
Operating Cash Flow	413.65M	154.19M	568.96M	1.06B	9.14M	798.40M
Investing Cash Flow	-974.40M	-846.68M	-338.19M	-4.87B	-420.98M	-1.20B
Financing Cash Flow	244.76M	745.56M	-181.59M	865.53M	2.36B	1.90B

Ameris Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 76.42
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 76.42 is below the 20-day moving average (MA) of 76.87, above the 50-day MA of 74.40, and above the 200-day MA of 66.83, indicating a bullish trend. The MACD of 1.05 indicates Positive momentum. The RSI at 58.96 is Neutral, neither overbought nor oversold. The STOCH value of 58.56 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
AUB	79 Outperform	$5.21B	19.47	5.42%	3.83%	43.53%	-21.74%
ABCB	78 Outperform	$5.30B	13.22	10.34%	1.02%	2.20%	20.88%
AX	78 Outperform	$5.03B	11.83	16.65%	―	1.66%	-9.31%
SFBS	74 Outperform	$4.06B	15.83	15.24%	1.82%	3.97%	24.91%
HWC	72 Outperform	$5.51B	11.77	11.11%	2.73%	-0.78%	25.39%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
FFIN	63 Neutral	$4.46B	18.30	13.89%	2.42%	12.90%	16.92%

Ameris Bancorp Corporate Events

Ameris Bancorp Announces New Share Repurchase Program

Ameris Bancorp reported strong financial results for the third quarter of 2025, with a net income of $106 million, up from $99.2 million in the same quarter of 2024. The company achieved significant growth in net interest income and maintained a low efficiency ratio, indicating effective cost management. The tangible book value per share increased by 15.2% annualized, and the company improved its net interest margin to 3.80%. Additionally, Ameris Bancorp announced a new share repurchase program of up to $200 million, reflecting confidence in its financial position and future growth prospects.

Ameris Bancorp Expands Stock Repurchase Program

On October 20, 2025, Ameris Bancorp announced that its board of directors authorized an increase in its stock repurchase program, allowing the company to buy back up to $200 million of its outstanding common stock through October 31, 2026. This move is a continuation and expansion of a previous program under which $36.3 million in shares were repurchased over the past year. The repurchase plan reflects the company’s focus on long-term shareholder value and confidence in its financial strength, as stated by CEO H. Palmer Proctor, Jr.