Ameris Bancorp is a bank holding company headquartered in Atlanta, Georgia. The Company's banking subsidiary, Ameris Bank, had 164 locations in Georgia, Florida, South Carolina and Alabama at the end of the most recent quarter.

Company profile
Ticker
ABCB
Exchange
Website
CEO
H. Palmer Proctor
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
ABC BANCORP
SEC CIK
Corporate docs
Subsidiaries
Balboa Capital Corporation • BCC Funding IX LLC • BCC Funding XIV LLC • BCC Funding XV LLC • BCC Funding XVI LLC • BCC Funding XVII LLC • BCC Funding XVIII LLC • Ameris Bank Mortgage Securities LLC • Prosperity Land Holdings, LLC • East Arlington, Inc. ...
IRS number
581456434
ABCB stock data
Analyst ratings and price targets
Investment data
Securities sold
Number of investors
Calendar
5 Aug 22
16 Aug 22
31 Dec 22
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 2.31B | 2.31B | 2.31B | 2.31B | 2.31B | 2.31B |
Cash burn (monthly) | 497.21M | 83.14M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 780.65M | 130.54M | n/a | n/a | n/a | n/a |
Cash remaining | 1.53B | 2.18B | n/a | n/a | n/a | n/a |
Runway (months of cash) | 3.1 | 26.2 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
9 Jun 22 | Choate William Millard | Common Stock | Grant | Acquire A | No | No | 0 | 1,723 | 0 | 217,791.187 |
9 Jun 22 | Bullard Rodney D | Common Stock | Grant | Acquire A | No | No | 0 | 1,723 | 0 | 9,813.135 |
9 Jun 22 | William I. Jr. Bowen | Common Stock | Grant | Acquire A | No | No | 0 | 1,723 | 0 | 20,747.656 |
9 Jun 22 | Robert Dale Ezzell | Common Stock | Grant | Acquire A | No | No | 0 | 1,723 | 0 | 31,114.316 |
9 Jun 22 | Hill Leo J | Common Stock | Grant | Acquire A | No | No | 0 | 1,723 | 0 | 14,982.033 |
Institutional ownership, Q1 2022
86.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 239 |
Opened positions | 28 |
Closed positions | 42 |
Increased positions | 79 |
Reduced positions | 85 |
13F shares | Current |
---|---|
Total value | 2.65B |
Total shares | 60.2M |
Total puts | 24.1K |
Total calls | 50.2K |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 10.21M | $448.17M |
Vanguard | 7.15M | $313.6M |
Wellington Management | 5.2M | $228.24M |
STT State Street | 3.9M | $171.62M |
Dimensional Fund Advisors | 3.16M | $138.7M |
American Century Companies | 2.16M | $94.6M |
JHG Janus Henderson | 1.93M | $84.89M |
PFG Principal Financial Group Inc - Registered Shares | 1.79M | $78.61M |
AMP Ameriprise Financial | 1.43M | $62.68M |
GW&K Investment Management | 1.33M | $58.46M |
Financial report summary
?Management Discussion
- Net interest income represents the amount by which interest income on interest-earning assets exceeds interest expense incurred on interest-bearing liabilities. Net interest income is the largest component of our income and is affected by the interest rate environment and the volume and composition of interest-earning assets and interest-bearing liabilities. Our interest-earning assets include loans, investment securities, other investments, interest-bearing deposits in banks, federal funds sold and time deposits in other banks. Our interest-bearing liabilities include deposits, securities sold under agreements to repurchase, other borrowings and subordinated deferrable interest debentures.
- 2021 compared with 2020. For the year ended December 31, 2021, interest income was $703.1 million, a decrease of $23.4 million, or 3.2%, compared with the same period in 2020. Average earning assets increased $2.52 billion, or 14.5%, to $19.89 billion for the year ended December 31, 2021, compared with $17.37 billion for 2020. Yield on average earning assets on a taxable equivalent basis decreased during 2021 to 3.56%, compared with 4.21% for the year ended December 31, 2020. Average yields on all interest-earning asset categories except investment securities decreased from 2020 to 2021 as market interest rates declined.
- Interest expense on deposits and other borrowings for the year ended December 31, 2021 was $47.8 million, a decrease of $41.0 million, or 46.2%, compared with $88.8 million for the year ended December 31, 2020. During 2021 average interest-bearing liabilities were $11.77 billion as compared with $11.25 billion for 2020, an increase of $520.4 million, or 4.6%. During 2021, average noninterest-bearing deposit accounts were $7.02 billion and comprised 38.5% of average total deposits, compared with $5.23 billion, or 34.4% of average total deposits, during 2020. Average balances of time deposits amounted to $1.95 billion and comprised 10.7% of average total deposits during 2021, compared with $2.39 billion, or 15.7% of average total deposits, during 2020.
Content analysis
?Positive | ||
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H.S. sophomore Avg
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New words:
apportionment, arrangement, campaign, compensatory, Director, index, Treasury
Removed:
decreasing, exerciseable, noted, strike
Financial reports
Current reports
8-K
Ameris Bancorp Announces Financial Results for Second Quarter 2022
26 Jul 22
8-K
Submission of Matters to a Vote of Security Holders
10 Jun 22
8-K
Ameris Bancorp Announces Financial Results for First Quarter 2022
26 Apr 22
8-K
Ameris Bancorp Announces Record 2021 Financial Results
27 Jan 22
8-K
Ameris Bank Acquires Balboa Capital Corporation, a Premier Online Provider of Business Lending Solutions
13 Dec 21
8-K
Ameris Bancorp Announces Financial Results For Third Quarter 2021
28 Oct 21
8-K
Ameris Bancorp Announces Financial Results For Second Quarter 2021
22 Jul 21
8-K/A
Changes in Registrant's Certifying Accountant
30 Jun 21
8-K
Changes in Registrant's Certifying Accountant
15 Jun 21
8-K
Submission of Matters to a Vote of Security Holders
10 Jun 21
Registration and prospectus
S-8
Registration of securities for employees
9 Jun 22
S-8 POS
Registration of securities for employees (post-effective amendment)
15 Jul 21
S-8
Registration of securities for employees
15 Jul 21
424B5
Prospectus supplement for primary offering
24 Sep 20
FWP
Free writing prospectus
23 Sep 20
424B5
Prospectus supplement for primary offering
23 Sep 20
S-3ASR
Automatic shelf registration
21 Sep 20
S-8
Registration of securities for employees
11 Mar 20
424B5
Prospectus supplement for primary offering
4 Dec 19
FWP
Free writing prospectus
4 Dec 19
Proxies
DEFA14A
Additional proxy soliciting materials
25 Apr 22
DEFA14A
Additional proxy soliciting materials
26 Apr 21
DEFA14A
Additional proxy soliciting materials
26 May 20
DEFA14A
Additional proxy soliciting materials
27 Apr 20
PRE 14A
Preliminary proxy
17 Apr 20
DEFA14A
Additional proxy soliciting materials
1 Apr 19
DEF 14A
Definitive proxy
1 Apr 19
Other
EFFECT
Notice of effectiveness
26 Mar 19
CORRESP
Correspondence with SEC
21 Mar 19
UPLOAD
Letter from SEC
12 Feb 19
EFFECT
Notice of effectiveness
30 Apr 18
CORRESP
Correspondence with SEC
24 Apr 18
UPLOAD
Letter from SEC
11 Apr 18
EFFECT
Notice of effectiveness
15 Feb 18
CORRESP
Correspondence with SEC
13 Feb 18
UPLOAD
Letter from SEC
22 Jan 18
UPLOAD
Letter from SEC
16 Jun 16
Ownership
11-K
Annual report of employee stock purchases
17 Jun 22
4
Ameris Bancorp / Jimmy D Veal ownership change
13 Jun 22
4
Ameris Bancorp / WILLIAM H STERN ownership change
13 Jun 22
4
Ameris Bancorp / Gloria A O'Neal ownership change
13 Jun 22
4
Ameris Bancorp / Elizabeth A McCague ownership change
13 Jun 22
4
Ameris Bancorp / ROBERT P LYNCH ownership change
13 Jun 22
4
Ameris Bancorp / DANIEL B JETER ownership change
13 Jun 22
4
Ameris Bancorp / LEO J HILL ownership change
13 Jun 22
4
Ameris Bancorp / Robert Dale Ezzell ownership change
13 Jun 22
4
Ameris Bancorp / William I. Jr. Bowen ownership change
13 Jun 22
Transcripts
2022 Q2
Earnings call transcript
27 Jul 22
2022 Q1
Earnings call transcript
27 Apr 22
2021 Q4
Earnings call transcript
28 Jan 22
2021 Q3
Earnings call transcript
29 Oct 21
2021 Q2
Earnings call transcript
23 Jul 21
2021 Q1
Earnings call transcript
23 Apr 21
2020 Q4
Earnings call transcript
29 Jan 21
2020 Q3
Earnings call transcript
23 Oct 20
2020 Q2
Earnings call transcript
27 Jul 20
2020 Q1
Earnings call transcript
24 Apr 20
Reddit threads
Daily Discussion Thread - July 26th, 2022
26 Jul 22
Daily Discussion Thread - July 25th, 2022
25 Jul 22
Daily Discussion Thread - June 29th, 2022
29 Jun 22
Daily Discussion Thread - June 28th, 2022
28 Jun 22
Daily Discussion Thread - June 27th, 2022
27 Jun 22
Daily Discussion Thread - April 26th, 2022
26 Apr 22
Daily Discussion Thread - April 25th, 2022
25 Apr 22
Daily Discussion Thread - March 30th, 2022
30 Mar 22
Daily Discussion Thread - March 29th, 2022
29 Mar 22
Daily Discussion Thread - March 28th, 2022
28 Mar 22