Ameris Bancorp ABCB

FinancialsBanking ServicesUnited States of America

Last close 82.42 USD on Nov 1, 2026, +11.8% year to date

Quant rating

Quant rating C Rank 483 of 799 in Financials

Growth C 417 of 799
Valuation C 506 of 799
Quality B 283 of 799
Revisions C 500 of 799
Momentum D 565 of 799

Wall Street consensus Hold (2.57)Average target 92.86 USD +12.7%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 5.5B
Enterprise value: 6.4B
52-week range: 69.94 – 93.22
3-year range: 50.69 – 93.22
Dividend yield: 0.97%
Beta (5 years): –
Shares outstanding: 67.1M
Next earnings: Jan 27, 2027

About the company

Ameris Bancorp is a financial holding company, through its banking subsidiary, Ameris Bank (the Bank), which provides a full range of banking services to its retail and commercial customers, who are primarily concentrated in select markets in Georgia, Alabama, Florida, North Carolina and South Carolina. Its Banking Division provides full-service financial services to include commercial loans, consumer loans and deposit accounts. Its Retail Mortgage Division is engaged in the origination, sales and servicing of one-to-four family residential mortgage loans. Its Warehouse Lending Division is engaged in the origination and servicing of warehouse lines to other businesses that are secured by underlying one-to-four family residential mortgage loans and residential mortgage servicing rights. Its Premium Finance Division is engaged in the origination and servicing of commercial insurance premium finance loans. It operates approximately 163 full-service domestic banking offices.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	1,395	1,378	1,280	894	703	–
Revenue growth	1.2%	7.6%	43.2%	27.1%	−3.2%	13.9%
EPS (basic, normalized)	6.28	4.86	3.74	4.92	5.25	–
EPS growth	29.1%	30.1%	−24.0%	−6.3%	5.4%	4.7%
Gross margin	–	–	–	–	–	–
Net margin	29.6%	26.0%	21.0%	38.8%	53.6%	33.8%
ROE	10.5%	9.7%	8.1%	11.2%	13.4%	10.6%

Balance sheet, last quarter
Cash & short-term investments (mil)	–
Tier 1 risk-adjusted capital ratio	12.8%
Long-term debt (mil)	1,064
Net debt (mil)	–
Total equity (mil)	4,124
Net debt / equity	–

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			Book value per share			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	P/B	Mean est.	Growth	P/E
2025 actual	1,395	+1.2%	4.6x	59.92	+10.5%	1.4x	5.99	+19.3%	13.8x
2026	1,287	−7.7%	5.0x	63.25	+5.6%	1.3x	6.66	+11.2%	12.4x
2027	1,344	+4.4%	4.7x	69.40	+9.7%	1.2x	7.02	+5.3%	11.7x
2028	1,412	+5.0%	4.5x	75.39	+8.6%	1.1x	7.45	+6.2%	11.1x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	1,287	−0.4%	−0.4%	−0.9%	6.66	+0.5%	+0.4%	−1.6%
2027	1,344	−1.1%	−1.1%	−1.9%	7.02	−0.2%	−0.2%	−2.4%
2028	1,412	−2.1%	–	–	7.45	−3.9%	–	–

Earnings surprises EPS beat in 3 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	267	301	284	291	286	300	314	307	314	326
Sales mean (mil)	258	273	287	276	277	297	306	310	309	324
Surprise	+3.6%	+10.2%	−1.1%	+5.3%	+3.3%	+1.2%	+2.6%	−1.0%	+1.6%	+0.7%
EPS reported	1.10	1.17	1.38	1.38	1.28	1.59	1.53	1.59	1.63	1.60
EPS mean	1.04	1.14	1.25	1.19	1.14	1.33	1.47	1.57	1.56	1.66
Surprise	+5.8%	+2.8%	+10.5%	+15.8%	+12.1%	+19.7%	+3.9%	+1.0%	+4.6%	−3.6%

Peer comparison Banking Services

Peers in the same industry group, by market capitalization
Company	Market cap	Tier 1 ratio	Net margin	Deposits/loans	FY1 P/E	FY2 P/E	FY1 P/B	FY2 P/B
ABCB Ameris Bancorp	5.5B	12.8%	29.6%	1.06x	12.4x	11.7x	1.3x	1.2x
EWBC East West Bancorp, Inc.	17.9B	15.4%	30.9%	1.20x	12.1x	11.1x	1.9x	1.7x
PNFP Pinnacle Financial Partners, Inc.	15.4B	10.7%	22.4%	1.22x	9.9x	8.8x	1.1x	1.0x
FHN First Horizon Corporation	11.0B	11.8%	22.8%	1.06x	10.9x	10.0x	1.3x	1.2x
SSB SouthState Bank Corp	10.2B	11.1%	23.6%	1.15x	11.2x	10.2x	1.1x	1.0x
UBSI United Bankshares, Inc.	6.5B	13.3%	27.6%	1.11x	13.0x	12.2x	1.2x	1.1x
Mean		12.5%	26.1%	1.13x	11.6x	10.7x	1.3x	1.2x
Median		12.3%	25.6%	1.13x	11.7x	10.7x	1.2x	1.2x

Technical analysis

1M+1.5%
3M−6.0%
1Y+14.0%
3Y+41.9%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Ameris Bancorp, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Interest income	1,395	1,378	1,280	894	703	727
Total interest expense	458	529	445	92.9	47.8	88.8
Net interest income	937	849	835	801	655	638
Loan loss provision	47.4	69.8	154	52.5	−35.7	126
Net interest income after loan loss provision	890	779	682	749	691	511
Non-interest income	271	293	243	284	366	446
Non-interest expense	−627	−597	−567	−580	−560	−618
Net income before taxes	534	476	357	453	496	340
Provision for taxes	122	117	87.8	107	119	78.3
Minority interest & equity in affiliates	–	–	–	–	–	–
Other	0	0	0	0	0	0
Net income before extraordinary items	412	359	269	347	377	262
Extraordinary items	–	–	–	–	–	–
Net income	412	359	269	347	377	262
Basic weighted average shares (mil)	68.4	68.8	69.0	69.2	69.4	69.3
Diluted weighted average shares (mil)	68.7	69.1	69.1	69.4	69.8	69.4
Basic EPS excluding extraordinary items	6.02	5.21	3.90	5.01	5.43	3.78
Basic EPS, normalized	6.28	4.86	3.74	4.92	5.25	4.98

Balance sheet in millions of USD, fiscal years

Balance sheet, Ameris Bancorp, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & due from banks	254	245	230	285	308	203
Other earning assets	3,954	3,406	2,834	2,972	5,731	4,093
Net loans	21,165	20,402	19,962	19,650	15,707	14,282
Property, plant & equipment	255	255	266	277	281	297
Goodwill	1,016	1,016	1,016	1,016	1,013	928
Intangibles	54.8	70.8	87.9	106	126	72.0
Long-term investments	–	–	–	–	–	–
Other long-term assets	–	–	–	–	–	33.3
Other assets	817	868	807	749	692	531
Total assets	27,516	26,262	25,204	25,053	23,858	20,439
Liabilities
Accounts payable	–	–	–	–	–	–
Payable/accrued	–	–	–	–	–	–
Accrued expenses	50.7	53.4	58.5	65.1	64.8	76.8
Total deposits	22,376	21,722	20,709	19,463	19,666	16,958
Other bearing liabilities	548	98.3	198	1,499	48.8	49.0
Short-term borrowings	–	–	–	0	5.8	11.6
Current portion of long-term debt	9.9	–	–	–	–	–
Long-term debt	134	326	441	505	817	501
Minority interest	–	–	–	–	–	–
Other liabilities	321	311	370	324	289	196
Total liabilities	23,440	22,511	21,777	21,856	20,892	17,792
Shareholders' equity
Preferred stock	0	0	0	0	–	0
Common stock	72.9	72.7	72.5	72.3	72.0	71.8
Additional paid-in capital	1,971	1,959	1,945	1,935	1,925	1,913
Retained earnings (accumulated deficit)	2,210	1,853	1,540	1,311	1,006	672
Treasury stock	−187	−103	−95.2	−74.8	−52.4	−43.0
Other equity	8.3	−30.1	−35.9	−46.5	15.6	33.5
Total equity	4,076	3,752	3,427	3,197	2,966	2,647
Total liabilities & shareholders' equity	27,516	26,262	25,204	25,053	23,858	20,439

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Ameris Bancorp, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	412	359	269	347	377	262
Depreciation, depletion & amortization	29.7	36.8	37.4	38.2	32.2	35.4
Deferred taxes	−10.6	−20.1	−20.5	−35.7	38.4	−7.9
Non-cash items	20.5	−13.7	27.8	−12.3	−4.9	−54.5
Changes in working capital	−61.6	−207	255	726	−433	563
Cash from operations	390	154	569	1,062	9.1	798
Investing activities
Capital expenditures	−20.5	−13.5	−17.5	−13.6	−25.4	−18.1
Other investing cash flows	−1,282	−833	−321	−4,861	−396	−1,183
Cash from investing	−1,303	−847	−338	−4,875	−421	−1,201
Financing activities
Financing cash flow items	919	795	−120	927	2,406	1,950
Cash dividends paid	−55.3	−41.5	−41.6	−41.6	−41.8	−41.7
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−82.9	−8.0	−19.9	−19.6	−4.9	−10.9
Cash from financing	781	746	−182	866	2,359	1,898
Foreign exchange effects	–	–	–	–	–	–
Net change in cash	−131	53.1	49.2	−2,947	1,947	1,495
Free cash flow	370	141	551	1,049	−16.3	780

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.