Ameris Bancorp - Understand $abcb stock

$ABCB Market Cap: $4.789 Billion

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Financial Snapshot

Revenue

$1.032B

TTM

Gross Margin

Net Earnings

$330.2M

TTM

Current Assets

Current Liabilities

Current Ratio

Total Assets

$26.40B

Q3 2024

Total Liabilities

$22.72B

Q3 2024

Book Value

$3.681B

Q3 2024

Cash

$1.359B

Q3 2024

P/E

14.50

Nov 29, 2024 EST

Free Cash Flow

$222.2M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993
Revenue	$1.280B	$893.9M	$703.1M	$726.5M	$636.4M	$413.3M	$294.3M	$239.1M	$190.4M	$164.6M	$126.3M	$129.5M	$141.1M	$119.1M
YoY Change	43.24%	27.13%	-3.22%	14.16%	53.97%	40.42%	23.12%	25.56%	15.69%	30.28%	-2.44%	-8.22%	18.48%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$1.280B	$893.9M	$703.1M	$726.5M	$636.4M	$413.3M	$294.3M	$239.1M	$190.4M	$164.6M	$126.3M	$129.5M	$141.1M	$119.1M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$19.10M	$18.40M	$17.20M	$15.80M	$13.10M	$10.00M	$9.200M	$9.500M	$8.100M	$6.642M	$4.938M	$5.032M	$4.500M	$3.330M	$4.200M	$4.600M	$4.400M	$4.000M	$3.000M	$2.700M	$2.900M	$4.000M	$3.600M	$3.000M	$2.800M	$3.000M	$2.700M	$2.100M	$1.700M	$1.600M	$900.0K
YoY Change	3.8%	6.98%	8.86%	20.61%	31.0%	8.7%	-3.16%	17.28%	21.95%	34.51%	-1.87%	11.82%	35.14%	-20.71%	-8.7%	4.55%	10.0%	33.33%	11.11%	-6.9%	-27.5%	11.11%	20.0%	7.14%	-6.67%	11.11%	28.57%	23.53%	6.25%	77.78%	12.5%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Interest Expense	$445.4M	$92.86M	$47.79M	$88.75M	$131.2M	$69.93M	$34.22M	$19.69M	$14.86M	$14.68M	$10.14M	$15.07M	$27.55M	$29.79M
YoY Change	379.64%	94.33%	-46.16%	-32.37%	87.65%	104.35%	73.77%	32.57%	1.2%	44.82%	-32.75%	-45.28%	-7.54%
% of Operating Profit
Other Income/Expense, Net	$153.2M	$140.3M	$128.3M	$140.0M	$168.9M	$85.00M	$60.22M	$60.01M	$64.07M	$43.92M	$41.45M	$42.46M
YoY Change	9.18%	9.38%	-8.34%	-17.11%	98.7%	41.16%	0.34%	-6.33%	45.88%	5.96%	-2.37%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993
Pretax Income	$356.9M	$453.1M	$496.1M	$340.2M	$211.6M	$151.5M	$124.3M	$105.2M	$56.74M	$56.21M	$29.30M	$21.72M	$31.65M	-$7.184M	-$34.50M	-$6.000M	$22.50M	$33.30M	$20.90M	$19.70M	$18.00M	$15.40M	$14.30M	$14.40M	$13.20M	$9.600M	$10.60M	$10.00M	$9.100M	$6.200M	$3.100M
YoY Change	-21.22%	-8.67%	45.81%	60.81%	39.67%	21.89%	18.09%	85.48%	0.96%	91.81%	34.91%	-31.37%	-540.55%	-79.18%	475.0%	-126.67%	-32.43%	59.33%	6.09%	9.44%	16.88%	7.69%	-0.69%	9.09%	37.5%	-9.43%	6.0%	9.89%	46.77%	100.0%	63.16%
Income Tax	$87.83M	$106.6M	$119.2M	$78.26M	$50.14M	$30.46M	$50.73M	$33.15M	$15.90M	$17.48M	$9.285M	$7.285M	$10.56M	$3.195M	$7.300M	-$2.100M	$7.300M	$11.10M	$7.100M	$6.600M	$6.000M	$5.100M	$4.700M	$4.300M	$4.300M	$2.700M	$3.100M	$2.800M	$2.800M	$1.800M	$800.0K
% Of Pretax Income	24.61%	23.52%	24.03%	23.0%	23.7%	20.11%	40.82%	31.49%	28.02%	31.1%	31.69%	33.54%	33.35%				32.44%	33.33%	33.97%	33.5%	33.33%	33.12%	32.87%	29.86%	32.58%	28.13%	29.25%	28.0%	30.77%	29.03%	25.81%
Net Earnings	$269.1M	$346.5M	$376.9M	$262.0M	$161.4M	$121.0M	$73.55M	$72.10M	$40.85M	$38.72M	$20.02M	$14.44M	$21.09M	-$3.989M	-$41.80M	-$3.900M	$15.20M	$22.10M	$13.70M	$13.10M	$12.00M	$10.40M	$9.600M	$10.10M	$9.000M	$6.900M	$7.400M	$7.200M	$6.400M	$4.300M	$2.600M
YoY Change	-22.35%	-8.06%	43.87%	62.28%	33.39%	64.56%	2.01%	76.51%	5.49%	93.44%	38.68%	-31.56%	-628.78%	-90.46%	971.79%	-125.66%	-31.22%	61.31%	4.58%	9.17%	15.38%	8.33%	-4.95%	12.22%	30.43%	-6.76%	2.78%	12.5%	48.84%	65.38%	73.33%
Net Earnings / Revenue	21.02%	38.77%	53.61%	36.06%	25.37%	29.28%	24.99%	30.16%	21.45%	23.53%	15.85%	11.15%	14.95%	-3.35%
Basic Earnings Per Share	$3.90	$5.01	$5.43	$3.78	$2.76	$2.81	$2.00	$2.10	$1.29	$1.48	$0.76	$0.46	$0.76	-$0.35
Diluted Earnings Per Share	$3.89	$4.992M	$5.40	$3.77	$2.75	$2.80	$1.98	$2.08	$1.27	$1.46	$0.75	$0.46	$0.76	-$0.35	-$3.007M	-$280.6K	$1.086M	$1.625M	$1.105M	$1.074M	$991.7K	$852.5K	$842.1K	$971.2K	$841.1K	$644.9K	$685.2K	$685.7K	$646.5K	$781.8K	$604.7K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$216.4M	$220.3M	$281.0M	$297.0M	$272.0M	$145.0M	$118.0M	$121.0M	$122.0M	$97.00M	$103.0M	$76.00M	$73.00M	$67.00M	$68.00M	$66.00M	$59.00M	$47.00M	$40.00M	$28.00M	$26.00M	$25.00M	$27.00M	$20.00M	$20.00M	$19.00M	$19.00M	$16.00M	$11.00M	$7.000M	$6.000M
YoY Change	-1.75%	-21.61%	-5.39%	9.19%	87.59%	22.88%	-2.48%	-0.82%	25.77%	-5.83%	35.53%	4.11%	8.96%	-1.47%	3.03%	11.86%	25.53%	17.5%	42.86%	7.69%	4.0%	-7.41%	35.0%	0.0%	5.26%	0.0%	18.75%	45.45%	57.14%	16.67%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets				$33.00M	$2.000M	$35.00M	$28.00M	$41.00M
YoY Change				1550.0%	-94.29%	25.0%	-31.71%
Total Long-Term Assets
YoY Change
Total Assets	$25.20B	$25.05B	$23.86B	$20.44B	$18.24B	$11.44B	$7.856B	$6.892B	$5.589B	$4.037B	$3.668B	$3.019B	$2.994B	$2.972B	$2.424B	$2.407B	$2.112B	$2.048B	$1.697B	$1.268B	$1.169B	$1.192B	$1.177B	$826.0M	$789.0M	$725.0M	$692.0M	$673.0M	$491.0M	$293.0M	$269.0M
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$58.52M	$65.09M	$65.00M	$77.00M	$42.00M
YoY Change	-10.09%	0.14%	-15.58%	83.33%
Deferred Revenue
YoY Change
Short-Term Debt		$0.00	$6.000M	$12.00M	$21.00M	$20.00M	$31.00M	$54.00M	$64.00M	$73.00M	$84.00M	$50.00M	$38.00M	$68.00M	$55.00M	$99.00M	$20.00M	$21.00M	$15.00M	$8.000M	$106.0M	$125.0M	$99.00M	$58.00M	$67.00M	$13.00M	$16.00M	$25.00M	$8.000M	$2.000M	$3.000M
YoY Change		-100.0%	-50.0%	-42.86%	5.0%	-35.48%	-42.59%	-15.63%	-12.33%	-13.1%	68.0%	31.58%	-44.12%	23.64%	-44.44%	395.0%	-4.76%	40.0%	87.5%	-92.45%	-15.2%	26.26%	70.69%	-13.43%	415.38%	-18.75%	-36.0%	212.5%	300.0%	-33.33%
Long-Term Debt Due						$124.0M	$49.00M	$47.00M
YoY Change						153.06%	4.26%
Total Short-Term Liabilities	$58.52M	$65.09M	$65.00M	$77.00M	$42.00M	$124.0M	$49.00M	$47.00M	$64.00M	$73.00M	$84.00M	$50.00M	$38.00M	$68.00M	$55.00M	$99.00M	$20.00M	$21.00M	$15.00M	$8.000M	$106.0M	$125.0M	$99.00M	$58.00M	$67.00M	$13.00M	$16.00M	$25.00M	$8.000M	$2.000M	$3.000M
YoY Change	-10.09%	0.14%	-15.58%	83.33%	-66.13%	153.06%	4.26%	-26.56%	-12.33%	-13.1%	68.0%	31.58%	-44.12%	23.64%	-44.44%	395.0%	-4.76%	40.0%	87.5%	-92.45%	-15.2%	26.26%	70.69%	-13.43%	415.38%	-18.75%	-36.0%	212.5%	300.0%	-33.33%
Long-Term Debt	$639.9M	$2.004B	$817.0M	$501.0M	$397.0M	$111.0M	$112.0M	$529.0M	$109.0M	$144.0M	$250.0M	$42.00M	$42.00M	$42.00M	$42.00M	$42.00M	$42.00M	$42.00M	$41.00M	$36.00M	$36.00M	$35.00M	$35.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$5.000M
YoY Change	-68.07%	145.29%	63.07%	26.2%	257.66%	-0.89%	-78.83%	385.32%	-24.31%	-42.4%	495.24%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	2.44%	13.89%	0.0%	2.86%	0.0%								-100.0%
Other Long-Term Liabilities	$428.5M	$389.1M	$289.0M	$196.0M	$157.0M	$77.00M	$59.00M	$40.00M	$22.00M	$22.00M	$18.00M	$23.00M	$9.000M	$9.000M	$6.000M	$13.00M	$16.00M	$25.00M	$16.00M	$7.000M	$8.000M	$9.000M	$8.000M	$8.000M	$6.000M	$7.000M	$7.000M	$7.000M	$5.000M	$3.000M	$3.000M
YoY Change	10.14%	34.63%	47.45%	24.84%	103.9%	30.51%	47.5%	81.82%	0.0%	22.22%	-21.74%	155.56%	0.0%	50.0%	-53.85%	-18.75%	-36.0%	56.25%	128.57%	-12.5%	-11.11%	12.5%	0.0%	33.33%	-14.29%	0.0%	0.0%	40.0%	66.67%	0.0%
Total Long-Term Liabilities	$1.068B	$2.393B	$1.106B	$697.0M	$554.0M	$188.0M	$171.0M	$569.0M	$131.0M	$166.0M	$268.0M	$65.00M	$51.00M	$51.00M	$48.00M	$55.00M	$58.00M	$67.00M	$57.00M	$43.00M	$44.00M	$44.00M	$43.00M	$8.000M	$6.000M	$7.000M	$7.000M	$7.000M	$5.000M	$3.000M	$8.000M
YoY Change	-55.35%	116.38%	58.68%	25.81%	194.68%	9.94%	-69.95%	334.35%	-21.08%	-38.06%	312.31%	27.45%	0.0%	6.25%	-12.73%	-5.17%	-13.43%	17.54%	32.56%	-2.27%	0.0%	2.33%	437.5%	33.33%	-14.29%	0.0%	0.0%	40.0%	66.67%	-62.5%
Total Liabilities	$21.78B	$21.86B	$20.89B	$17.79B	$15.77B	$9.987B	$7.052B	$6.246B	$5.074B	$3.671B	$3.351B	$2.740B	$2.701B	$2.699B	$2.229B	$2.168B	$1.921B	$1.869B	$1.549B	$1.147B	$1.055B	$1.085B	$1.073B	$746.0M	$713.0M	$653.0M	$624.0M	$610.0M	$444.0M	$262.0M	$249.0M
YoY Change	-0.36%	4.61%	17.42%	12.8%	57.94%	41.62%	12.9%	23.1%	38.22%	9.55%	22.3%	1.44%	0.07%	21.09%	2.81%	12.86%	2.78%	20.66%	35.05%	8.72%	-2.76%	1.12%	43.83%	4.63%	9.19%	4.65%	2.3%	37.39%	69.47%	5.22%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	68.98M shares	69.19M shares	69.43M shares	69.26M shares	58.46M shares	43.14M shares	36.83M shares	34.35M shares	31.76M shares	25.97K shares	23.92M shares	23.80K shares	23.45K shares	21.97K shares
Diluted Shares Outstanding	69.10M shares	69.42M shares	69.76M shares	69.43M shares	58.61M shares	43.25M shares	37.14M shares	34.70M shares	32.13M shares	26.26K shares	24.35M shares	23.84K shares	23.54K shares	21.97K shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $4.7891 Billion

About Ameris Bancorp

Ameris Bancorp is a bank holding company, which through the subsidiary, Ameris Bank, engages in the provision of banking services to its retail and commercial customers. The company is headquartered in Atlanta, Georgia and currently employs 2,733 full-time employees. Its segments include the Banking Division, which provides full service financial services, including commercial loans, consumer loans and deposit accounts; the Retail Mortgage Division, which is engaged in origination, sales and servicing of one-to-four family residential mortgage loans; the Warehouse Lending Division is engaged in the origination and servicing of warehouse lines to other businesses are secured by underlying one-to-four family residential mortgage loans and residential mortgage servicing rights; the SBA Division is engaged in the origination, sales and servicing of small business administration loans, and the Premium Finance Division engaged in the origination and servicing of commercial insurance premium finance loans.

Industry: State Commercial Banks Peers: ASSOCIATED BANC-CORP BANCFIRST CORP /OK/ BANK OF HAWAII CORP FIRST HAWAIIAN, INC. COMMUNITY FINANCIAL SYSTEM, INC. INDEPENDENT BANK CORP Investors Bancorp, Inc. PACIFIC PREMIER BANCORP INC PNC FINANCIAL SERVICES GROUP, INC. UNITED COMMUNITY BANKS INC