Ameris Bancorp (ABCB)
Market Price (9/26/2026): $82.29 | Market Cap: $5.5 BilSector: Financials | Industry: Regional Banks
Ameris Bancorp (ABCB)
Market Price (9/26/2026): $82.29Market Cap: $5.5 BilSector: FinancialsIndustry: Regional Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.8%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.8%, FCF Yield is 9.5% Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -33% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 45%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 42% Low stock price volatilityVol 12M is 23% Capital ratio is >2x the minimum of 6%Tier 1 Capital / Risk Wtd Assets RatioTier 1 Capital / Risk-Weighted Assets is a common measure of financial strength for a bank. It reflects how much equity there is relative to assets where assets are weighted based on riskiness. Low ratios indicate the bank is highly vulnerable to even small changes in the value of their risk assets. is 13% Megatrend and thematic driversMegatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, and Digital Payments. | Weak multi-year price returns2Y Excs Rtn is -4.5% | Key risksABCB key risks include [1] pressure on its net interest margin from interest rate fluctuations and deposit competition, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.8%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.8%, FCF Yield is 9.5% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -33% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 45%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 42% |
| Low stock price volatilityVol 12M is 23% |
| Capital ratio is >2x the minimum of 6%Tier 1 Capital / Risk Wtd Assets RatioTier 1 Capital / Risk-Weighted Assets is a common measure of financial strength for a bank. It reflects how much equity there is relative to assets where assets are weighted based on riskiness. Low ratios indicate the bank is highly vulnerable to even small changes in the value of their risk assets. is 13% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, and Digital Payments. |
| Weak multi-year price returns2Y Excs Rtn is -4.5% |
| Key risksABCB key risks include [1] pressure on its net interest margin from interest rate fluctuations and deposit competition, Show more. |
Qualitative Assessment
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Ameris Bancorp (ABCB) stock has remained largely at the same level since 5/31/2026 because of the following key factors:
1. Mixed Fiscal Q2 2026 Earnings Performance.
Ameris Bancorp reported mixed financial results for its fiscal Q2 2026, which ended June 30, 2026, and were released on July 23, 2026. While the company's revenue reached $317.78 million, it missed analysts' consensus expectations of $323.78 million. Additionally, the adjusted earnings per share (EPS) of $1.60 fell short of the $1.66 consensus estimate. This mixed performance, with a revenue miss and an EPS miss, created offsetting pressures on the stock, contributing to its stable movement.
2. Significant Litigation Accrual Impacting Net Income.
The company's net income for fiscal Q2 2026 significantly declined by 53% year-over-year to $51.4 million. This substantial decrease was primarily due to an $82.5 million pre-tax litigation accrual, related to a $79.54 million jury verdict against Ameris Bank in a whistleblower case. This major legal overhang and its financial impact likely dampened investor enthusiasm, preventing the stock from appreciating despite other operational aspects.
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Ameris Bancorp (ABCB) stock has remained largely at the same level since 5/31/2026 because of the following key factors:
1. Mixed Fiscal Q2 2026 Earnings Performance.
Ameris Bancorp reported mixed financial results for its fiscal Q2 2026, which ended June 30, 2026, and were released on July 23, 2026. While the company's revenue reached $317.78 million, it missed analysts' consensus expectations of $323.78 million. Additionally, the adjusted earnings per share (EPS) of $1.60 fell short of the $1.66 consensus estimate. This mixed performance, with a revenue miss and an EPS miss, created offsetting pressures on the stock, contributing to its stable movement.
2. Significant Litigation Accrual Impacting Net Income.
The company's net income for fiscal Q2 2026 significantly declined by 53% year-over-year to $51.4 million. This substantial decrease was primarily due to an $82.5 million pre-tax litigation accrual, related to a $79.54 million jury verdict against Ameris Bank in a whistleblower case. This major legal overhang and its financial impact likely dampened investor enthusiasm, preventing the stock from appreciating despite other operational aspects.
3. Ambivalent Analyst Sentiment and Price Targets.
Analyst sentiment for Ameris Bancorp remained largely neutral during the period. As of August 24, 2026, the consensus rating among 7 Wall Street analysts was "Hold," with 4 analysts assigning a Hold rating and 3 a Buy rating. The average 12-month price target was $91.67, ranging from a low of $88.00 to a high of $100.00, implying a modest upside of approximately 8.57% from the stock's price around July 27, 2026. This lack of strong bullish conviction from the analyst community, coupled with some downgrades or target reductions during the period, contributed to the stock's inability to establish a clear upward trend.
4. Regional Banking Sector Interest Rate Dynamics.
The broader regional banking sector, including Ameris Bancorp, operated under an environment of "higher for longer" interest rate uncertainty, with signals from the Federal Reserve about potential rate adjustments to curb inflation. While a high-rate environment can benefit banks through increased loan interest income, it also introduces challenges such as higher funding costs and increased competition for deposits. Ameris Bancorp's fiscal Q2 2026 results indicated that its "margin is expected to compress slightly due to deposit cost pressures," reflecting the mixed impact of these macroeconomic conditions on the company's profitability and preventing significant directional movement in its stock price.
5. Balanced Outlook from Strategic Expansion and Valuation Concerns.
Ameris Bancorp engaged in strategic expansion initiatives, including plans to establish operations in Nashville, Tennessee, by year-end, and strengthening leadership in South Carolina, indicating growth potential in desirable Southeast markets. However, these positive developments were balanced by concerns over the stock's valuation. An August 2026 analysis maintained a "Hold" rating, pointing out that ABCB's valuation appeared "stretched versus regional peers" and cited "slowing growth" as a reason to remain on the sidelines. This equilibrium between strategic growth and valuation apprehension likely played a role in keeping the stock's price relatively stable.
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Stock Movement Drivers
Fundamental Drivers
The -2.2% change in ABCB stock from 5/31/2026 to 9/25/2026 was primarily driven by a -15.3% change in the company's Net Income Margin (%).| (LTM values as of) | 5312026 | 9252026 | Change |
|---|---|---|---|
| Stock Price ($) | 84.12 | 82.29 | -2.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,203 | 1,229 | 2.1% |
| Net Income Margin (%) | 36.1% | 30.6% | -15.3% |
| P/E Multiple | 13.1 | 14.6 | 11.9% |
| Shares Outstanding (Mil) | 68 | 67 | 1.0% |
| Cumulative Contribution | -2.2% |
Market Drivers
5/31/2026 to 9/25/2026| Return | Correlation | |
|---|---|---|
| ABCB | -2.2% | |
| Market (SPY) | 2.2% | 20.8% |
| Sector (XLF) | 6.7% | 49.2% |
Fundamental Drivers
The 6.5% change in ABCB stock from 2/28/2026 to 9/25/2026 was primarily driven by a 14.7% change in the company's P/E Multiple.| (LTM values as of) | 2282026 | 9252026 | Change |
|---|---|---|---|
| Stock Price ($) | 77.29 | 82.29 | 6.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,174 | 1,229 | 4.7% |
| Net Income Margin (%) | 35.1% | 30.6% | -12.8% |
| P/E Multiple | 12.8 | 14.6 | 14.7% |
| Shares Outstanding (Mil) | 68 | 67 | 1.7% |
| Cumulative Contribution | 6.5% |
Market Drivers
2/28/2026 to 9/25/2026| Return | Correlation | |
|---|---|---|
| ABCB | 6.5% | |
| Market (SPY) | 13.0% | 38.7% |
| Sector (XLF) | 7.6% | 56.7% |
Fundamental Drivers
The 13.4% change in ABCB stock from 8/31/2025 to 9/25/2026 was primarily driven by a 15.0% change in the company's P/E Multiple.| (LTM values as of) | 8312025 | 9252026 | Change |
|---|---|---|---|
| Stock Price ($) | 72.54 | 82.29 | 13.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,126 | 1,229 | 9.1% |
| Net Income Margin (%) | 34.8% | 30.6% | -11.9% |
| P/E Multiple | 12.7 | 14.6 | 15.0% |
| Shares Outstanding (Mil) | 69 | 67 | 2.6% |
| Cumulative Contribution | 13.4% |
Market Drivers
8/31/2025 to 9/25/2026| Return | Correlation | |
|---|---|---|
| ABCB | 13.4% | |
| Market (SPY) | 20.9% | 38.0% |
| Sector (XLF) | 3.2% | 60.6% |
Fundamental Drivers
The 109.2% change in ABCB stock from 8/31/2023 to 9/25/2026 was primarily driven by a 60.5% change in the company's P/E Multiple.| (LTM values as of) | 8312023 | 9252026 | Change |
|---|---|---|---|
| Stock Price ($) | 39.33 | 82.29 | 109.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,059 | 1,229 | 16.1% |
| Net Income Margin (%) | 28.1% | 30.6% | 8.8% |
| P/E Multiple | 9.1 | 14.6 | 60.5% |
| Shares Outstanding (Mil) | 69 | 67 | 3.1% |
| Cumulative Contribution | 109.2% |
Market Drivers
8/31/2023 to 9/25/2026| Return | Correlation | |
|---|---|---|
| ABCB | 109.2% | |
| Market (SPY) | 77.8% | 54.0% |
| Sector (XLF) | 67.3% | 69.6% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| ABCB Return | 32% | -4% | 14% | 19% | 20% | 11% | 130% |
| Peers Return | 25% | -6% | 5% | 17% | 7% | 6% | 63% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 13% | 105% |
Monthly Win Rates [3] | |||||||
| ABCB Win Rate | 75% | 42% | 50% | 58% | 67% | 44% | |
| Peers Win Rate | 63% | 53% | 48% | 55% | 53% | 40% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 56% | |
Max Drawdowns [4] | |||||||
| ABCB Max Drawdown | -22% | -29% | -42% | -16% | -26% | -14% | |
| Peers Max Drawdown | -23% | -28% | -39% | -16% | -23% | -17% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: HOMB, TCBI, FHB, BOH, FITB. See ABCB Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/25/2026 (YTD)
How Low Can It Go
| Event | ABCB | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -22.7% | -18.8% |
| % Gain to Breakeven | 29.4% | 23.1% |
| Time to Breakeven | 84 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -13.1% | -9.5% |
| % Gain to Breakeven | 15.1% | 10.5% |
| Time to Breakeven | 8 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -40.3% | -6.7% |
| % Gain to Breakeven | 67.6% | 7.1% |
| Time to Breakeven | 216 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -23.9% | -24.5% |
| % Gain to Breakeven | 31.4% | 32.4% |
| Time to Breakeven | 104 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -53.1% | -33.7% |
| % Gain to Breakeven | 113.4% | 50.9% |
| Time to Breakeven | 289 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -35.4% | -19.2% |
| % Gain to Breakeven | 54.9% | 23.8% |
| Time to Breakeven | 777 days | 105 days |
In The Past
Ameris Bancorp's stock fell -22.7% during the 2025 US Tariff Shock. Such a loss loss requires a 29.4% gain to breakeven.
Preserve Wealth
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Asset Allocation
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| Event | ABCB | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -22.7% | -18.8% |
| % Gain to Breakeven | 29.4% | 23.1% |
| Time to Breakeven | 84 days | 79 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -40.3% | -6.7% |
| % Gain to Breakeven | 67.6% | 7.1% |
| Time to Breakeven | 216 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -23.9% | -24.5% |
| % Gain to Breakeven | 31.4% | 32.4% |
| Time to Breakeven | 104 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -53.1% | -33.7% |
| % Gain to Breakeven | 113.4% | 50.9% |
| Time to Breakeven | 289 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -35.4% | -19.2% |
| % Gain to Breakeven | 54.9% | 23.8% |
| Time to Breakeven | 777 days | 105 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -79.5% | -53.4% |
| % Gain to Breakeven | 386.8% | 114.4% |
| Time to Breakeven | 1579 days | 1085 days |
| Summer 2007 Credit Crunch | ||
| % Loss | -21.9% | -8.6% |
| % Gain to Breakeven | 28.1% | 9.5% |
| Time to Breakeven | 2337 days | 47 days |
In The Past
Ameris Bancorp's stock fell -22.7% during the 2025 US Tariff Shock. Such a loss loss requires a 29.4% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Ameris Bancorp (ABCB)
Ameris Bancorp (ABCB) is a bank holding company headquartered in Atlanta, Georgia, operating primarily through its subsidiary, Ameris Bank. It delivers a comprehensive range of banking services to both retail and commercial clients. The company concentrates its operations in the Southeastern United States, specifically across Georgia, Alabama, Florida, North Carolina, and South Carolina, where it maintains a network of 165 full-service banking offices and numerous mortgage and loan production offices.
The company offers a diverse portfolio of financial products. For deposits, it provides commercial and retail checking accounts, various interest-bearing savings options, money market accounts, individual retirement accounts (IRAs), and certificates of deposit (CDs). On the lending side, Ameris Bancorp originates a wide array of loans, including commercial real estate, residential real estate mortgages, agricultural, and commercial and industrial loans. It also serves consumer needs with loans for motor vehicles, home improvements, home equity, and small unsecured personal credit lines.
Beyond traditional banking, Ameris Bancorp operates several specialized divisions. It is actively involved in originating, administering, and servicing commercial insurance premium loans through its Premium Finance Division, and facilitates Small Business Administration (SBA) loans via its dedicated SBA Division. The company's business model is further structured into distinct segments such as the Banking Division, Retail Mortgage Division, and Warehouse Lending Division, reflecting its diversified approach to meeting the financial needs of its varied customer base.
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Here are 1-3 brief analogies to describe Ameris Bancorp (ABCB):
- A regional Bank of America focused on the Southeastern US.
- Like a smaller Truist, providing a full suite of banking and specialized lending services across the Southeast.
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- Deposit Accounts: Ameris Bancorp offers various checking, savings, money market, individual retirement, and certificates of deposit accounts for retail and commercial customers.
- Commercial Loans: The company provides loans for commercial real estate, agricultural purposes, and general commercial and industrial needs.
- Residential Real Estate Mortgages: It offers mortgage loans to individuals for purchasing or refinancing residential properties.
- Consumer Loans: Ameris Bancorp provides personal loans for motor vehicles, home improvement, home equity, and small unsecured personal credit lines.
- Small Business Administration (SBA) Loans: The company originates and services government-backed loans specifically designed for small businesses.
- Commercial Insurance Premium Loans: Ameris Bancorp provides loans to businesses to finance their commercial insurance premiums.
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Ameris Bancorp (ABCB) operates as a bank holding company that provides a range of banking services to a diverse customer base. Given the nature of its business, it does not have a few "major customers" that can be individually named. Instead, its customers fall into several categories, serving both individuals and various types of businesses. The three main categories of customers that Ameris Bancorp serves are:
- Retail Customers / Individuals: This category includes individual consumers who utilize Ameris Bank for their personal banking and lending needs. This encompasses services such as commercial and retail checking accounts, regular interest-bearing savings accounts, money market accounts, individual retirement accounts (IRAs), and certificates of deposit (CDs). Additionally, retail customers are served with residential real estate mortgage loans and various consumer loans, including motor vehicle loans, home improvement loans, home equity loans, loans secured by savings accounts, and small unsecured personal credit lines.
- Commercial Customers / Businesses: This broad category encompasses various businesses, from small enterprises to larger commercial entities, seeking banking and lending solutions. Ameris Bank provides commercial customers with business checking, savings, and money market accounts. Lending products for this segment include commercial real estate loans, agricultural loans, and commercial and industrial loans. The company also specializes in Small Business Administration (SBA) loans and commercial insurance premium loans through its dedicated divisions, catering to the specific financial needs of businesses in these areas.
- Other Financial Institutions: Through its Warehouse Lending Division, Ameris Bancorp serves other financial institutions. These customers are typically mortgage originators or other lenders who require credit lines to fund their loan originations, particularly residential mortgages, before those loans are subsequently sold on the secondary market. This represents a distinct business-to-business (B2B) relationship with entities within the financial services industry.
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H. Palmer Proctor Jr., Chief Executive Officer
Palmer Proctor is the CEO of Ameris Bank and Ameris Bancorp, and he also serves on the Board of Directors for both entities. He holds degrees from Auburn University and The Stonier Graduate School of Banking, Georgetown University. Prior to joining Ameris, he held senior leadership roles, including President and CEO, at Fidelity Southern Corporation and Fidelity Bank before Ameris acquired Fidelity in 2019. Proctor is also a director of Brown & Brown, Inc., Inspire Brands, and Choate Construction Company, and a member of the Advisory Board of Allied Financial. He previously served as chairman of the Georgia Bankers Association.
Nicole S. Stokes, Corporate Executive Vice President and Chief Financial Officer
Nicole S. Stokes has served as Ameris Bank and Ameris Bancorp executive vice president and chief financial officer since January 2018. She initially joined Ameris Bank in December 2010 as controller and then served as Ameris Bank's chief financial officer starting in June 2016. Before her tenure at Ameris Bank, Stokes held positions as chief financial officer of PAB Bankshares and Park Avenue Bank, controller of The Bank in Birmingham, Alabama, and senior auditor of Synovus Financial Corporation.
Lawton E. Bassett, III, Ameris Bank President and Ameris Bancorp Chief Banking Officer
Lawton E. Bassett, III, has held the roles of Ameris Bank president and Ameris Bancorp chief banking officer since February 2017. His previous positions within the company include executive vice president and chief banking officer for the Georgia and Alabama regions, starting in January 2016, and regional president and market president from 2006 to 2016. Before joining Ameris, Bassett was president and chief executive officer of Citizens Security Bank, a former subsidiary of the company, from 2003 to 2006. He also held various commercial lending and leadership roles at Barnett Bank and SunTrust.
James A. LaHaise III, Corporate Executive Vice President and Chief Strategy Officer
James A. LaHaise III has served as Ameris's executive vice president and chief strategy officer since June 2018. Before this role, he was the executive vice president and chief banking officer for Georgia and Alabama starting in January 2016, and an executive vice president and commercial banking executive from June 2014 to January 2016. From January 2013 to June 2014, LaHaise was the president and chief executive officer of Coastal Bankshares, Inc. and The Coastal Bank, where he also served as executive vice president and chief banking officer from May 2007 to January 2013.
Michael T. Pierson, Corporate Executive Vice President, Chief Governance Officer and Corporate Secretary
Michael T. Pierson has been the corporate executive vice president and chief governance officer of Ameris Bank and Ameris Bancorp since March 2020, and corporate secretary since January 2022. Prior to these roles, he served as executive vice president and chief operations officer from July 2019 to March 2020. Before joining Ameris, Pierson spent 21 years with Fidelity Southern Corporation and Fidelity Bank, holding several leadership positions including head of commercial banking, mergers and acquisitions, and chief risk officer.
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Here are the key risks to Ameris Bancorp (ABCB):
- Interest Rate Risk and Net Interest Margin (NIM) Compression: Ameris Bancorp's profitability is significantly susceptible to fluctuations in interest rates. The company's revenues are highly correlated to market interest rates, and unexpected changes can adversely affect its net interest income. A volatile interest rate environment, particularly increasing costs of deposits due to intense competition for funding, could continue to squeeze the bank's profitability and net interest margin.
- Credit Risk from Commercial Real Estate (CRE) Concentration and Economic Downturns: The bank's loan portfolio has a significant concentration in commercial real estate. A potential economic slowdown or downturn, or declining real estate values, poses a substantial threat to the quality of this loan portfolio and could lead to increased credit losses for Ameris Bancorp.
- Intense Competition: Ameris Bancorp operates in a highly competitive market within the Southeastern U.S. for both loans and deposits. This intense competition from other regional, national banks, and fintech companies can pressure loan and deposit pricing, potentially impacting the bank's growth, margins, and ability to attract and retain customers and deposits.
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The clear emerging threat to Ameris Bancorp is the digital disruption of traditional banking and lending models by purely online banks (neobanks) and specialized fintech lending platforms. These competitors offer streamlined, mobile-first experiences, often with lower overheads and faster processes, challenging Ameris Bancorp's branch-based network and diversified lending segments by attracting customers who prioritize digital convenience and potentially more competitive rates.
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Small Business Administration (SBA) Loans:
- Georgia: Approximately $1.6 billion in total approved SBA loans in fiscal year 2024.
- North Carolina: Approximately $1.09 billion in SBA 7(a) loan approvals in 2025.
- Florida: Approximately $2.97 billion in SBA 7(a) loan approvals in 2025.
- South Carolina: Approximately $461.3 million in SBA 7(a) loan approvals in 2025.
- Alabama: Approximately $361.1 million in SBA 7(a) and 504 funding in fiscal year 2024.
Real Estate Loans (Commercial and Residential):
This category encompasses both commercial real estate and residential real estate mortgage loans.
- Georgia: The "Real Estate Loans & Collateralized Debt industry" market size is projected to be $18.4 billion in 2026. Additionally, the annual commercial real estate investment volume in Georgia is approximately $19.8 billion.
- Alabama: The "Real Estate Loans & Collateralized Debt industry" market size is projected to be $3.8 billion in 2026.
- Florida: The "Real Estate Loans & Collateralized Debt industry" market size is projected to be $17.7 billion in 2026.
- North Carolina: The "Real Estate Loans & Collateralized Debt industry" market size is projected to be $6.4 billion in 2026.
- South Carolina: The "Real Estate Loans & Collateralized Debt industry" market size is projected to be $4.1 billion in 2026.
Commercial Insurance Premium Loans:
- United States: The commercial insurance premium finance segment is estimated to have grown to $60 billion of annual originations as of Fall 2025.
Agricultural Loans: null
Commercial and Industrial Loans: null
Consumer Loans: null
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Expected Drivers of Future Revenue Growth for Ameris Bancorp (ABCB)
Ameris Bancorp (ABCB) is positioned for future revenue growth over the next 2-3 years, driven by several strategic initiatives and favorable market conditions. The company's focus areas, as indicated in recent earnings reports and analyst commentary, include robust loan and deposit growth, strategic market expansion, and sustained mortgage banking activity.
- Loan Growth: Ameris Bancorp anticipates continued expansion in its loan portfolio, projecting mid-single-digit growth for 2026. This growth is expected across various segments, with particular emphasis on Commercial & Industrial (C&I) loans, mortgage warehouse lending, and premium finance. Management highlighted strong loan production pipelines as a key factor in driving future interest income.
- Deposit Growth and Strategic Funding: A critical driver for funding loan growth, Ameris Bancorp is focused on expanding its core deposit base. While acknowledging potential slight margin compression due to deposit costs, the company emphasizes that deposit growth is essential to support its asset generation targets and maintain a healthy balance sheet. The bank has demonstrated strong deposit growth, including non-interest-bearing deposits.
- Expansion in Southeastern Markets: Leveraging favorable economic and population growth trends in its core operating regions of Georgia, Alabama, Florida, North Carolina, and South Carolina, Ameris Bancorp aims to capture additional market share. The company plans to achieve this through experienced bankers and its granular deposit base, signifying a strategy of organic growth within its established geographic footprint.
- Mortgage Banking Activity: Despite seasonal fluctuations and interest rate volatility, the retail mortgage division continues to be a significant contributor to non-interest income. The company has experienced periods of substantial mortgage production growth, such as a 36% increase in the second quarter of 2025, underscoring its role in diversified revenue generation.
- Net Interest Margin (NIM) Management: While forecasting some slight margin compression in upcoming quarters due to deposit cost pressures, Ameris Bancorp has consistently demonstrated effective management of its net interest margin, which expanded every quarter in 2025. Maintaining a strong NIM is crucial for maximizing net interest income, the primary source of the bank's revenue.
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Share Repurchases
- Ameris Bancorp spent $82.9 million on share buybacks in fiscal year 2025, which was a 942.2% increase from the prior year.
- In 2025, the company repurchased $77 million, representing 2% of the company's shares, at an average price under $67.
- In October 2025, the board authorized a share repurchase program of up to $200 million, effective through October 31, 2026. Approximately $159.2 million remained available under this program as of January 2026.
Share Issuance
- For both 2025 and 2024, share-based compensation and issuances of restricted stock resulted in only a small change in the company's capital.
- Ameris Bancorp's shares outstanding decreased by 0.52% in 2025 from 2024, 0.06% in 2024 from 2023, and 0.46% in 2023 from 2022.
Capital Expenditures
- Ameris Bancorp invested $20.5 million in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
- This amount represented a 52.4% increase in capital expenditures from the prior year.
- As of December 31, 2025, estimated costs for construction projects in progress and other binding capital expenditure commitments were not considered material.
Peer Outperformance in Regional Banks
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Reinsurance | 7 | 24.2% | 65.6% | 112.8% | SPNT 171% · RGA 150% · RNR 141% |
| Diversified Banks | 13 | 34.3% | 131.3% | 109.8% | CM 150% · RY 139% · JPM 138% |
| Investment Banking & Brokerage | 13 | -3.4% | 108.7% | 108.9% | IBKR 484% · SNEX 245% · GS 170% |
| Life & Health Insurance | 20 | 5.6% | 51.8% | 95.5% | JXN 505% · UNM 340% · FG 194% |
| Multi-Sector Holdings | 4 | 3.7% | 50.1% | 79.0% | JONE 362% · BRK-B 82% · VOYA 76% |
| Property & Casualty Insurance | 42 | 7.6% | 66.4% | 62.8% | ASIC 2714900% · HRTG 387% · UVE 299% |
| Regional Banks ← | 265 | 24.8% | 93.8% | 61.7% | ESQ 370% · BLX 345% · GCBC 301% |
| Multi-line Insurance | 9 | 5.6% | 67.1% | 56.5% | GNW 156% · L 101% · SLF 95% |
| Financial Exchanges & Data | 15 | -1.0% | 19.4% | 30.3% | VIRT 165% · CBOE 119% · CME 65% |
| Diversified Financial Services | 4 | -4.1% | 23.8% | 26.7% | FRHC 167% · EQH 108% · TMS -54% |
| Consumer Finance | 30 | -0.4% | 85.6% | 17.1% | ENVA 419% · EZPW 307% · FCFS 163% |
| Insurance Brokers | 16 | -20.2% | -9.8% | 12.1% | LIFE 235% · ARX 88% · CRD-A 58% |
| Commercial & Residential Mortgage Finance | 13 | -51.2% | 21.3% | 8.4% | FNMA 419% · FMCC 384% · ACT 169% |
| Asset Management & Custody Banks | 86 | -8.8% | 16.7% | 7.5% | WT 337% · VCTR 280% · SII 275% |
| Specialized Finance | 3 | 19.1% | 44.3% | -6.2% | EFC 24% · CACC -6% · HASI -19% |
| Mortgage REITs | 33 | -14.1% | 8.4% | -26.0% | NREF 52% · RITM 36% · DX 25% |
| Transaction & Payment Processing Services | 17 | 1.1% | -6.7% | -45.1% | V 65% · MA 63% · CPAY 49% |
| Diversified Capital Markets | 24 | -29.2% | 6.8% | -56.9% | OPY 198% · CD 114% · LPLA 107% |
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Is Ameris Bancorp Stock Built to Withstand a Pullback? | 10/17/2025 | |
| ABCB Dip Buy Analysis | 07/10/2025 | |
| Ameris Bancorp Total Shareholder Return (TSR): 20.2% in 2024 and 10.5% 3-yr compounded annual returns (above peer average) | 03/07/2025 | |
| Ameris Bancorp (ABCB) Operating Cash Flow Comparison | 02/17/2025 | |
| Ameris Bancorp (ABCB) Net Income Comparison | 02/15/2025 | |
| Ameris Bancorp vs. S&P500 Correlation | 10/03/2024 | |
| Ameris Bancorp Price Volatility | 09/24/2024 | |
| Fundamental Metrics: ... | 06/19/2024 | |
| Ameris (ABCB) Stock Has 57% Chance Of Rise In The Next One Month | 02/05/2023 | |
| Dates Cached For ABCB | 10/21/2022 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 61.88 |
| Mkt Cap | 4.8 |
| Rev LTM | 1,169 |
| Op Inc LTM | - |
| FCF LTM | 451 |
| FCF 3Y Avg | 397 |
| CFO LTM | 470 |
| CFO 3Y Avg | 423 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 11.9% |
| Rev Chg 3Y Avg | 4.2% |
| Rev Chg Q | 9.2% |
| QoQ Delta Rev Chg LTM | 2.2% |
| Op Inc Chg LTM | - |
| Op Inc Chg 3Y Avg | - |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 37.6% |
| CFO/Rev 3Y Avg | 37.8% |
| FCF/Rev LTM | 35.7% |
| FCF/Rev 3Y Avg | 34.9% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Banking Division | 905 | 814 | 791 | 759 | 527 |
| Retail Mortgage Division | 226 | 261 | 225 | 261 | 365 |
| Premium Finance Division | 45 | 36 | 34 | 34 | 28 |
| Warehouse Lending Division | 32 | 31 | 27 | 31 | 40 |
| Small Business Administration (SBA) Division | 61 | ||||
| Total | 1,208 | 1,142 | 1,078 | 1,085 | 1,021 |
| $ Mil | 2015 | 2014 | 2013 |
|---|---|---|---|
| Banking Division | 33 | ||
| Retail Mortgage Division | 14 | ||
| Warehouse Lending Division | 5 | ||
| SBA Division | 4 | 3 | |
| Mortgage Banking | 10 | 5 | |
| Retail Banking | 43 | 24 | |
| Total | 57 | 56 | 29 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Banking Division | 307 | 231 | 172 | 240 | 173 |
| Retail Mortgage Division | 61 | 89 | 62 | 65 | 114 |
| Premium Finance Division | 22 | 18 | 16 | 18 | 14 |
| Warehouse Lending Division | 22 | 21 | 19 | 23 | 31 |
| Small Business Administration (SBA) Division | 45 | ||||
| Total | 412 | 359 | 269 | 347 | 377 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Banking Division | 19,936 | 18,954 | 18,292 | 18,105 | 17,537 |
| Retail Mortgage Division | 4,661 | 4,829 | 4,917 | 4,740 | 4,232 |
| Premium Finance Division | 1,747 | 1,496 | 1,170 | 1,192 | 910 |
| Warehouse Lending Division | 1,172 | 983 | 825 | 1,016 | 761 |
| Small Business Administration (SBA) Division | 419 | ||||
| Total | 27,516 | 26,262 | 25,204 | 25,053 | 23,858 |
Price Behavior
| Market Price | $82.29 | |
| Market Cap ($ Bil) | 5.5 | |
| First Trading Date | 05/19/1994 | |
| Distance from 52W High | -11.7% | |
| 50 Days | 200 Days | |
| DMA Price | $86.44 | $83.09 |
| DMA Trend | up | down |
| Distance from DMA | -4.8% | -1.0% |
| 3M | 1YR | |
| Volatility | 16.6% | 22.6% |
| Downside Capture | 94.44 | 67.29 |
| Upside Capture | 21.37 | 66.42 |
| Correlation (SPY) | 25.8% | 37.9% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.75 | 0.55 | 0.27 | 0.54 | 0.69 | 1.05 |
| Up Beta | 1.09 | 0.83 | 0.06 | 0.59 | 0.85 | 1.12 |
| Down Beta | 0.94 | -0.22 | -0.11 | 0.19 | 0.55 | 0.92 |
| Up Capture | 17% | 23% | 45% | 59% | 60% | 131% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 9 | 16 | 31 | 63 | 121 | 369 |
| Down Capture | 123% | 115% | 53% | 66% | 74% | 101% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 12 | 26 | 33 | 64 | 130 | 379 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ABCB | |
|---|---|---|---|---|
| ABCB | 11.3% | 22.6% | 0.39 | - |
| Sector ETF (XLF) | 3.6% | 14.7% | 0.02 | 61.2% |
| Equity (SPY) | 17.7% | 13.0% | 0.98 | 38.0% |
| Gold (GLD) | 14.7% | 29.3% | 0.46 | 7.4% |
| Commodities (DBC) | 46.8% | 20.7% | 1.75 | -16.7% |
| Real Estate (VNQ) | 4.5% | 13.6% | 0.07 | 43.3% |
| Bitcoin (BTCUSD) | -25.5% | 44.8% | -0.53 | 16.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ABCB | |
|---|---|---|---|---|
| ABCB | 12.9% | 31.9% | 0.42 | - |
| Sector ETF (XLF) | 9.7% | 18.4% | 0.39 | 70.3% |
| Equity (SPY) | 13.3% | 17.2% | 0.59 | 55.6% |
| Gold (GLD) | 19.2% | 18.8% | 0.83 | -1.3% |
| Commodities (DBC) | 11.2% | 19.5% | 0.45 | 9.0% |
| Real Estate (VNQ) | 0.9% | 18.9% | -0.06 | 52.0% |
| Bitcoin (BTCUSD) | 12.3% | 52.6% | 0.41 | 19.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ABCB | |
|---|---|---|---|---|
| ABCB | 10.3% | 37.0% | 0.37 | - |
| Sector ETF (XLF) | 13.0% | 22.1% | 0.53 | 76.0% |
| Equity (SPY) | 15.5% | 17.9% | 0.73 | 58.4% |
| Gold (GLD) | 12.1% | 16.4% | 0.61 | -4.9% |
| Commodities (DBC) | 8.7% | 18.1% | 0.39 | 19.3% |
| Real Estate (VNQ) | 4.8% | 20.7% | 0.19 | 53.9% |
| Bitcoin (BTCUSD) | 63.9% | 66.2% | 1.04 | 13.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 8/25/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/23/2026 | -1.6% | -1.8% | -3.3% |
| 4/23/2026 | 0.3% | 0.7% | 0.1% |
| 1/29/2026 | -0.8% | 3.7% | -2.4% |
| 10/27/2025 | -1.9% | -2.8% | 2.5% |
| 7/28/2025 | 5.3% | 0.3% | 10.0% |
| 4/28/2025 | 3.6% | 5.6% | 8.1% |
| 1/30/2025 | 0.1% | 4.4% | -2.2% |
| 10/24/2024 | -2.8% | -1.7% | 13.9% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 14 | 15 | 16 |
| # Negative | 10 | 9 | 8 |
| Median Positive | 2.2% | 5.7% | 9.0% |
| Median Negative | -1.2% | -2.4% | -3.5% |
| Max Positive | 6.7% | 11.9% | 20.2% |
| Max Negative | -5.3% | -12.2% | -13.9% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/23/2026 | -1.6% | -1.8% | -3.3% |
| 4/23/2026 | 0.3% | 0.7% | 0.1% |
| 1/29/2026 | -0.8% | 3.7% | -2.4% |
| 10/27/2025 | -1.9% | -2.8% | 2.5% |
| 7/28/2025 | 5.3% | 0.3% | 10.0% |
| 4/28/2025 | 3.6% | 5.6% | 8.1% |
| 1/30/2025 | 0.1% | 4.4% | -2.2% |
| 10/24/2024 | -2.8% | -1.7% | 13.9% |
| 7/25/2024 | 1.4% | -4.1% | 1.7% |
| 4/25/2024 | 0.8% | 2.5% | 1.1% |
| 1/25/2024 | -0.1% | -7.3% | -13.9% |
| 10/26/2023 | -0.7% | 11.9% | 17.2% |
| 7/27/2023 | 2.1% | 6.7% | -5.1% |
| 4/27/2023 | -0.8% | -12.2% | -3.7% |
| 1/26/2023 | -0.7% | 6.4% | 2.8% |
| 10/27/2022 | 1.0% | -2.4% | 1.5% |
| 7/26/2022 | 6.7% | 8.3% | 13.1% |
| 4/26/2022 | 6.0% | 8.6% | 11.1% |
| 1/27/2022 | -1.6% | -2.3% | -0.3% |
| 10/29/2021 | 2.8% | 5.2% | -7.1% |
| 7/23/2021 | 2.3% | 5.7% | 6.1% |
| 4/22/2021 | 4.4% | 11.6% | 20.2% |
| 1/28/2021 | -5.3% | 6.2% | 18.7% |
| 10/22/2020 | 0.1% | -0.1% | 16.5% |
| SUMMARY STATS | |||
| # Positive | 14 | 15 | 16 |
| # Negative | 10 | 9 | 8 |
| Median Positive | 2.2% | 5.7% | 9.0% |
| Median Negative | -1.2% | -2.4% | -3.5% |
| Max Positive | 6.7% | 11.9% | 20.2% |
| Max Negative | -5.3% | -12.2% | -13.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/07/2026 | 10-Q |
| 03/31/2026 | 05/08/2026 | 10-Q |
| 12/31/2025 | 02/26/2026 | 10-K |
| 09/30/2025 | 11/07/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/09/2025 | 10-Q |
| 12/31/2024 | 02/28/2025 | 10-K |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 02/28/2024 | 10-K |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/08/2023 | 10-Q |
| 03/31/2023 | 05/08/2023 | 10-Q |
| 12/31/2022 | 02/28/2023 | 10-K |
| 09/30/2022 | 11/07/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/07/2026 | 10-Q |
| 03/31/2026 | 05/08/2026 | 10-Q |
| 12/31/2025 | 02/26/2026 | 10-K |
| 09/30/2025 | 11/07/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/09/2025 | 10-Q |
| 12/31/2024 | 02/28/2025 | 10-K |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 02/28/2024 | 10-K |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/08/2023 | 10-Q |
| 03/31/2023 | 05/08/2023 | 10-Q |
| 12/31/2022 | 02/28/2023 | 10-K |
| 09/30/2022 | 11/07/2022 | 10-Q |
| 06/30/2022 | 08/05/2022 | 10-Q |
| 03/31/2022 | 05/06/2022 | 10-Q |
| 12/31/2021 | 02/28/2022 | 10-K |
| 09/30/2021 | 11/08/2021 | 10-Q |
| 06/30/2021 | 08/09/2021 | 10-Q |
| 03/31/2021 | 05/07/2021 | 10-Q |
| 12/31/2020 | 02/26/2021 | 10-K |
| 09/30/2020 | 11/06/2020 | 10-Q |
| 06/30/2020 | 08/10/2020 | 10-Q |
| 03/31/2020 | 05/11/2020 | 10-Q |
| 12/31/2019 | 03/09/2020 | 10-K |
| 09/30/2019 | 11/08/2019 | 10-Q |
Insider Activity
Updated 8/19/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Hill, Leo J | Spouse | Sell | 3102026 | 75.15 | 0 | 2 | 35,093 | Form | |
| 2 | Hill, Leo J | Direct | Sell | 3102026 | 75.15 | 0 | 24 | 1,146,453 | Form | |
| 3 | Strange, Douglas D | Chief Credit Officer | Direct | Sell | 2242026 | 78.76 | 1 | 47 | 2,451,799 | Form |
| 4 | Stokes, Nicole S | CFO | Direct | Sell | 2242026 | 79.20 | 1 | 42 | 6,827,832 | Form |
| 5 | Creasy, Ross L | Chief Information Officer | Direct | Sell | 2242026 | 79.40 | 1 | 42 | 4,628,852 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Hill, Leo J | Spouse | Sell | 3102026 | 75.15 | 0 | 2 | 35,093 | Form | |
| 2 | Hill, Leo J | Direct | Sell | 3102026 | 75.15 | 0 | 24 | 1,146,453 | Form | |
| 3 | Strange, Douglas D | Chief Credit Officer | Direct | Sell | 2242026 | 78.76 | 1 | 47 | 2,451,799 | Form |
| 4 | Stokes, Nicole S | CFO | Direct | Sell | 2242026 | 79.20 | 1 | 42 | 6,827,832 | Form |
| 5 | Creasy, Ross L | Chief Information Officer | Direct | Sell | 2242026 | 79.40 | 1 | 42 | 4,628,852 | Form |
| 6 | Lahaise, James A | Chief Strategy Officer | Direct | Sell | 2232026 | 82.93 | 6,641 | 550,738 | 9,244,207 | Form |
| 7 | Strange, Douglas D | Chief Credit Officer | Spouse | Sell | 2232026 | 71.62 | 205 | Form | ||
| 8 | Stern, William H | Direct | Buy | 12102025 | 77.22 | 308 | 23,750 | 3,650,448 | Form | |
| 9 | Stern, William H | Direct | Buy | 9162025 | 74.14 | 320 | 23,750 | 3,477,265 | Form |
Investor Activity (13F)
Updated Sep 26, 2026Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
| Active Manager |
|---|
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| SeekingAlpha | ValueLine |
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