ABCB 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. It operates through the following business segments: Banking, Retail Mortgage, Warehouse Lending, the SBA and Premium Finance. The Banking segment offers full service financial services to include commercial loans, consumer loans and deposit accounts. The Retail Mortgage segment includes origination, sales, and servicing of one-to-four family residential mortgage loans. The Warehouse Lending segment includes the origination and servicing of warehouse lines to other businesses that are secured by underlying one-to-four family residential mortgage loans. The SBA segment comprises of origination, sales, and servicing of small business administration loans. The Premium Finance segment comprises origination and servicing of commercial insurance premium finance loans. The company was founded on December 18, 1980 and is headquartered in Moultrie, GA.
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
IRS number
581456434
ABCB stock data
()
News
Recap: Ameris Q1 Earnings
22 Apr 21
Ameris Bancorp Q1 EPS $1.66 Beats $1.15 Estimate, Sales $224.16M Miss $260.93M Estimate
22 Apr 21
Earnings Scheduled For April 22, 2021
22 Apr 21
Benzinga's Top Ratings Upgrades, Downgrades For April 7, 2021
7 Apr 21
Raymond James Downgrades Ameris to Outperform, Raises Price Target to $60
7 Apr 21
Press releases
Ameris Bancorp Announces Financial Results For First Quarter 2021
22 Apr 21
Ameris Bancorp Announces Financial Results For First Quarter 2021
22 Apr 21
Ameris Bancorp Announces Financial Results For First Quarter 2021
22 Apr 21
Ameris Bancorp Announces Financial Results For First Quarter 2021
22 Apr 21
Ameris Bancorp Announces Financial Results For First Quarter 2021
22 Apr 21
Investment data
Securities sold
Number of investors
Calendar
26 Feb 21
22 Apr 21
31 Dec 21
Financial summary
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Financial data from company earnings reports.
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
24 Mar 21 | William D McKendry | Common Stock | Payment of exercise | Dispose F | No | No | 54.15 | 785 | 42.51K | 24,335 |
24 Mar 21 | Nicole S Stokes | Common Stock | Payment of exercise | Dispose F | No | No | 54.15 | 585 | 31.68K | 22,829 |
24 Mar 21 | Proctor H Palmer JR | Common Stock | Payment of exercise | Dispose F | No | No | 54.15 | 2,629 | 142.36K | 225,936.344 |
24 Mar 21 | Ronal Todd Shutley | Common Stock | Payment of exercise | Dispose F | No | No | 54.15 | 485 | 26.26K | 8,649 |
24 Mar 21 | Edwards Jon S | Common Stock | Payment of exercise | Dispose F | No | No | 54.15 | 585 | 31.68K | 56,396.638 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
84.0% owned by funds/institutions
13F holders |
Current |
---|---|
Total holders | 228 |
Opened positions | 58 |
Closed positions | 15 |
Increased positions | 84 |
Reduced positions | 56 |
13F shares |
Current |
---|---|
Total value | 2.22B |
Total shares | 58.36M |
Total puts | 16.7K |
Total calls | 167.4K |
Total put/call ratio | 0.1 |
Largest owners |
Shares | Value |
---|---|---|
BLK Blackrock | 10.24M | $389.82M |
Vanguard | 6.92M | $263.29M |
Dimensional Fund Advisors | 3.07M | $116.85M |
STT State Street | 2.68M | $102.44M |
GS Goldman Sachs | 2.09M | $79.64M |
FJ Capital Management | 1.52M | $57.89M |
GW&K Investment Management | 1.41M | $53.5M |
Wellington Management | 1.33M | $50.63M |
Polaris Capital Management | 1.25M | $47.5M |
AMP Ameriprise Financial | 1.24M | $47.21M |
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.
- 2020 compared with 2019. For the year ended December 31, 2020, interest income was $726.5 million, an increase of $90.1 million, or 14.2%, compared with the same period in 2019. Average earning assets increased $4.24 billion, or 32.3%, to $17.37 billion for the year ended December 31, 2020, compared with $13.13 billion for 2019. Yield on average earning assets on a taxable equivalent basis decreased during 2020 to 4.21%, compared with 4.88% for the year ended December 31, 2019. Average yields on all interest-earning asset categories decreased from 2019 to 2020 as market interest rates declined.
- Interest expense on deposits and other borrowings for the year ended December 31, 2020 was $88.8 million, a decrease of $42.5 million, or 32.4%, compared with $131.2 million for the year ended December 31, 2019. During 2020 average interest-bearing liabilities were $11.25 billion as compared with $9.13 billion for 2019, an increase of $2.12 billion, or 23.2%. During 2020, average noninterest-bearing deposit accounts were $5.23 billion and comprised 34.4% of average total deposits, compared with $3.36 billion, or 28.8% of average total deposits, during 2019. Average balances of time deposits amounted to $2.39 billion and comprised 15.7% of average total deposits during 2020, compared with $2.70 billion, or 23.0% of average total deposits, during 2019.
Content analysis
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H.S. sophomore Bad
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New words:
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Removed:
accompanied, ago, agreed, agriculture, Alachua, BancGroup, bargain, bargaining, Basel, begin, Ben, body, BSA, Calhoun, CAMEL, central, cessation, choice, Clay, Colquitt, Columbia, comment, compare, compatible, complement, comprising, compromised, concentrate, confirmed, conformance, conservator, consistency, consummated, content, continuation, contracted, contributor, controlled, correct, creation, critically, deducting, depositor, diligence, discontinue, divest, Dixie, doubt, Dougherty, DRR, Edwin, enforce, entailed, estimation, evolving, excellent, excessive, existence, FDI, FNB, foregoing, formed, grew, Hortman, hospitalization, hybrid, improving, inappropriate, insight, Irma, irrelevant, legacy, lesser, Liberty, listing, map, Marion, mildly, monopoly, motivate, nonfarm, nonresidential, noted, operated, opted, outweigh, percent, phased, placement, pose, posed, positively, post, predecessor, procedure, promulgate, realistic, rebuttable, recapitalize, receiver, recordkeeping, redeemable, regime, region, remeasurement, reminding, restoring, restricting, retaining, reward, rollforward, rose, rulemaking, safety, sample, saving, scorecard, segregate, shifted, shrinking, site, sponsored, stability, staffing, statute, steadily, strict, succeed, supply, surface, Suwanee, threat, Tift, uncollectability, unsatisfactory, view, violate, Walton, Ware
Financial reports
10-K
2020 FY
Annual report
26 Feb 21
10-Q
2020 Q3
Quarterly report
6 Nov 20
10-Q
2020 Q2
Quarterly report
10 Aug 20
10-Q
2020 Q1
Quarterly report
11 May 20
10-K/A
2019 FY
Annual report (amended)
20 Mar 20
10-K
2019 FY
Annual report
9 Mar 20
NT 10-K
Notice of late annual filing
3 Mar 20
10-Q
2019 Q3
Quarterly report
8 Nov 19
10-Q
2019 Q2
Quarterly report
9 Aug 19
10-Q
2019 Q1
Quarterly report
10 May 19
Current reports
8-K
Ameris Bancorp Announces Financial Results For First Quarter 2021
22 Apr 21
8-K
Ameris Bancorp Announces Fourth Quarter And Full Year 2020 Financial Results
28 Jan 21
8-K
Ameris Bancorp Announces Financial Results For Third Quarter 2020
22 Oct 20
8-K
Ameris Bancorp Announces Pricing of $110,000,000 Subordinated Notes Offering
28 Sep 20
8-K
Subordinated Notes Offering Investor Presentation September 2020
23 Sep 20
8-K
Investor Presentation September 2020
21 Sep 20
8-K
Ameris Bancorp Announces Financial Results For Second Quarter 2020
27 Jul 20
8-K
Submission of Matters to a Vote of Security Holders
15 Jun 20
8-K
Ameris Bancorp Announces Financial Results For First Quarter 2020
23 Apr 20
8-K
Regulation FD Disclosure
30 Mar 20
Registration and prospectus
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
424B5
Prospectus supplement for primary offering
2 Dec 19
S-8 POS
Registration of securities for employees (post-effective amendment)
1 Jul 19
425
Business combination disclosure
12 Jun 19
Proxies
DEFA14A
Additional proxy soliciting materials
26 May 20
DEFA14A
Additional proxy soliciting materials
27 Apr 20
DEF 14A
Definitive proxy
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
DEFA14A
Additional proxy soliciting materials
3 Apr 18
DEF 14A
Definitive proxy
1 Apr 18
DEF 14A
Definitive proxy
2 Apr 17
DEFA14A
Additional proxy soliciting materials
2 Apr 17
Other
EFFECT
Notice of effectiveness
26 Mar 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
CORRESP
Correspondence with SEC
16 May 16
UPLOAD
Letter from SEC
5 May 16
Ownership
4
Ameris Bancorp / Ronal Todd Shutley ownership change
25 Mar 21
4
Ameris Bancorp / H PALMER PROCTOR JR ownership change
25 Mar 21
4
Ameris Bancorp / William D McKendry ownership change
25 Mar 21
4
Ameris Bancorp / Nicole S Stokes ownership change
25 Mar 21
4
Ameris Bancorp / JON S EDWARDS ownership change
24 Mar 21
4
Ameris Bancorp / Lawton E Bassett III ownership change
24 Mar 21
4
Ameris Bancorp / Michael T Pierson ownership change
24 Mar 21
4
Ameris Bancorp / Ross L Creasy ownership change
24 Mar 21
4
Ameris Bancorp / Jody L Spencer ownership change
24 Mar 21
4
Ameris Bancorp / Nicole S Stokes ownership change
2 Mar 21
Transcripts
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
2019 Q4
Earnings call transcript
24 Jan 20
2019 Q3
Earnings call transcript
18 Oct 19
2019 Q2
Earnings call transcript
26 Jul 19
2019 Q1
Earnings call transcript
23 Apr 19
2018 Q4
Earnings call transcript
25 Jan 19
2018 Q3
Earnings call transcript
19 Oct 18
Reddit threads
Daily Discussion Thread - April 22nd, 2021
22 Apr 21
Daily Discussion Thread - April 21st, 2021
21 Apr 21
Daily Discussion Thread - April 20th, 2021
20 Apr 21
Daily Discussion Thread - April 19th, 2021
19 Apr 21
My Watchlist For 4/5/2021 - Enjoy My Premium Newsletter Due To Me Being Busy lol
4 Apr 21
Daily Discussion Thread - March 30th, 2021
30 Mar 21
Daily Discussion Thread - March 29th, 2021
29 Mar 21
Daily Discussion Thread - January 25th, 2021
25 Jan 21