Ameris Bancorp (ABCB)

• Market cap: $3.83B
• 1 day: -1.89%
• 5 days: -6.87%
• 1 month: -17.06%
• 3 months: -16.85%
• 6 months: -9.21%
• Year to date: -9.15%
• 1 year: 20.25%
• 5 years: 115.69%
• 10 years: 109.89%
• Sector: Financials
• Industry: State Commercial Banks

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 filings 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]

3% more repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 104

1% more capital invested

Capital invested by funds: $3.91B [Q3] → $3.95B (+$37.2M) [Q4]

0.36% more ownership

Funds ownership: 90.95% [Q3] → 91.31% (+0.36%) [Q4]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $71 28% upside
• Avg. target: $71 28% upside
• High target: $71 28% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Raymond James David Feaster 24% 1-year accuracy 5 / 21 met price target	28% upside $71	Outperform Reiterated	3 Feb 2025
Stephens & Co. Russell Gunther 32% 1-year accuracy 9 / 28 met price target	28% upside $71	Equal-Weight Reiterated	31 Jan 2025