Ameris BancorpABCB
About: Ameris Bancorp is a bank holding company that operates through Ameris Bank, its subsidiary. The company operates branches in Georgia, Alabama, Florida, and South Carolina. It offers traditional banking services such as business banking, personal banking, checking, savings, mobile banking, and others. The bank is organized into four segments: the Banking Division, the Retail Mortgage Division, the Warehouse Lending Division and the Premium Finance Division. The company generates majority of its revenue from the banking division. Ameris intends to acquire banks in its geographic region to increase its market share and expand beyond its current market.
Employees: 2,691
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
1,604% more call options, than puts
Call options by funds: $1.6M | Put options by funds: $94K
132% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 22
25% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 5 (+1) [Q4]
8% more funds holding
Funds holding: 292 [Q3] → 316 (+24) [Q4]
1.34% more ownership
Funds ownership: 89.9% [Q3] → 91.24% (+1.34%) [Q4]
5% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 103
2% more capital invested
Capital invested by funds: $3.86B [Q3] → $3.94B (+$78.7M) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Raymond James David Feaster 17% 1-year accuracy 4 / 23 met price target | 33%upside $71 | Outperform Reiterated | 3 Feb 2025 |
Stephens & Co. Russell Gunther 13% 1-year accuracy 4 / 30 met price target | 33%upside $71 | Equal-Weight Reiterated | 31 Jan 2025 |
Financial journalist opinion
Based on 4 articles about ABCB published over the past 30 days
