Reported Earnings • Jul 26
Second quarter 2026 earnings released: EPS: US$0.77 (vs US$1.60 in 2Q 2025) Second quarter 2026 results: EPS: US$0.77 (down from US$1.60 in 2Q 2025). Revenue: US$308.8m (up 3.6% from 2Q 2025). Net income: US$51.4m (down 53% from 2Q 2025). Profit margin: 17% (down from 37% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 24
Ameris Bancorp Reports Net Charge-Offs for the Second Quarter Ended June 30, 2026 Ameris Bancorp reported net charge-offs for the second quarter ended June 30, 2026. For the quarter, the company reported net charge-offs of $11,063,000 against $7,098,000 a year ago. Announcement • Jul 02
Ameris Bancorp to Report Q2, 2026 Results on Jul 23, 2026 Ameris Bancorp announced that they will report Q2, 2026 results After-Market on Jul 23, 2026 Declared Dividend • Jun 22
First quarter dividend of US$0.20 announced Shareholders will receive a dividend of US$0.20. Ex-date: 30th June 2026 Payment date: 6th July 2026 Dividend yield will be 1.0%, which is lower than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 6.6% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 19
Ameris Bancorp Announces Quarterly Dividend, Payable on July 6, 2026 The board of directors of Ameris Bancorp has declared a dividend of $0.20 per share of the Company’s common stock, payable on July 6, 2026, to shareholders of record as of June 30, 2026. Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. Independent Director Claire Mclean was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 24
Ameris Bancorp Announces Net Charge-Offs for the First Quarter Ended March 31, 2026 Ameris Bancorp announced net charge-offs for the First Quarter ended March 31, 2026. For the quarter, the company reported net charge-offs were $11,354,000 against $9,048,000 a year ago. Announcement • Apr 08
Ameris Bancorp, Annual General Meeting, May 21, 2026 Ameris Bancorp, Annual General Meeting, May 21, 2026. Announcement • Apr 03
Ameris Bancorp to Report Q1, 2026 Results on Apr 23, 2026 Ameris Bancorp announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 23, 2026 Announcement • Mar 20
Ameris Bancorp Announces Quarterly Dividend, Payable on April 6, 2026 The board of directors of Ameris Bancorp declared a dividend of $0.20 per share of the Company’s common stock, payable on April 6, 2026, to shareholders of record as of March 31, 2026. Announcement • Feb 25
Ameris Bancorp Announces Retirement of James A. LaHaise as Corporate Executive Vice President and Chief Strategy Officer, Effective April 30, 2026 On February 24, 2026, Ameris Bancorp announced that James A. LaHaise, the Company’s Corporate Executive Vice President and Chief Strategy Officer, will retire from his positions with the Company and terminate his employment effective April 30, 2026 (the ‘Retirement Date’). Pursuant to the Retirement Agreement, Mr. LaHaise will provide certain transition and support services to the Company as it may request during the three-month period following the Retirement Date. Announcement • Jan 30
Ameris Bancorp Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2025 Ameris Bancorp reported net charge-offs for the fourth quarter ended December 31, 2025. For the quarter, the company reported net charge-offs of $13,754,000 against $9,030,000 a year ago. Announcement • Jan 05
Ameris Bancorp to Report Q4, 2025 Results on Jan 29, 2026 Ameris Bancorp announced that they will report Q4, 2025 results After-Market on Jan 29, 2026 Announcement • Dec 16
Ameris Bancorp Announces Quarterly Dividend, Payable on January 5, 2026 The board of directors of Ameris Bancorp declared a dividend of $0.20 per share of the Company’s common stock, payable on January 5, 2026, to shareholders of record as of December 31, 2025. Announcement • Oct 28
Ameris Bancorp Reports Net Charge-Offs Results for the Third Quarter Ended September 30, 2025 Ameris Bancorp reported net charge-offs results for the third quarter ended September 30, 2025. For the quarter, the company reported net charge-offs of $7,449,000 against $8,074,000 a year ago. Announcement • Oct 03
Ameris Bancorp to Report Q3, 2025 Results on Oct 27, 2025 Ameris Bancorp announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Oct 27, 2025 Announcement • Sep 16
Ameris Bancorp Announces Quarterly Dividend, Payable on October 6, 2025 The board of directors of Ameris Bancorp has declared a dividend of $0.20 per share of the Company’s common stock, payable on October 6, 2025, to shareholders of record as of September 30, 2025. Announcement • Jul 03
Ameris Bancorp to Report Q2, 2025 Results on Jul 28, 2025 Ameris Bancorp announced that they will report Q2, 2025 results After-Market on Jul 28, 2025 Announcement • Jun 06
Ameris Bancorp Announces Quarterly Dividend, Payable on July 7, 2025 The board of directors of Ameris Bancorp has declared a dividend of $0.20 per share of the Company’s common stock, payable on July 7, 2025, to shareholders of record as of June 30, 2025. Announcement • Apr 29
Ameris Bancorp Reports Net Charge-Offs for the First Quarter Ended March 31, 2025 Ameris Bancorp reported net charge-offs for the first quarter ended March 31, 2025. For the period, the company reported net charge-offs of $9,048,000 compared to $12,600,000 a year ago. Announcement • Apr 25
Ameris Bancorp, Annual General Meeting, Jun 05, 2025 Ameris Bancorp, Annual General Meeting, Jun 05, 2025. Announcement • Apr 04
Ameris Bancorp to Report Q1, 2025 Results on Apr 28, 2025 Ameris Bancorp announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on Apr 28, 2025 Announcement • Jan 08
Ameris Bancorp to Report Q4, 2024 Results on Jan 30, 2025 Ameris Bancorp announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Jan 30, 2025 Announcement • Dec 19
Ameris Bancorp Announces Quarterly Dividend, Payable on January 6, 2025 The board of directors of Ameris Bancorp has declared a dividend of $0.20 per share of the Company’s common stock, which represents an increase of $0.05, or 33.3%, per share compared with the previous quarterly dividend of $0.15 per share. The common stock dividend is payable on January 6, 2025, to shareholders of record as of December 31, 2024. Recent Insider Transactions • Nov 10
Independent Director recently sold €521k worth of stock On the 6th of November, Robert Ezzell sold around 8k shares on-market at roughly €65.14 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Announcement • Nov 05
Ameris Bancorp Promotes Brian Parks as Head of Wholesale Banking Ameris Bancorp has promoted Brian Parks to the newly created role of head of Wholesale Banking. In the role, Parks is to be based in Atlanta and oversee Treasury Management, Industry Specialty Banking, Commercial Real Estate Capital Markets and Corporate Banking. Parks joined Ameris in 2020 as regional president. Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: US$1.44 (vs US$1.16 in 3Q 2023) Third quarter 2024 results: EPS: US$1.44 (up from US$1.16 in 3Q 2023). Revenue: US$277.7m (up 13% from 3Q 2023). Net income: US$99.2m (up 24% from 3Q 2023). Profit margin: 36% (up from 33% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Oct 25
Ameris Bancorp Reports Net Charge Off for the Third Quarter Ended September 30, 2024 Ameris Bancorp reported net charge off for the third quarter ended September 30, 2024. For the quarter, the company reported net charge off of $8,074,000 against $12,062,000 a year ago. Announcement • Oct 02
Ameris Bancorp to Report Q3, 2024 Results on Oct 24, 2024 Ameris Bancorp announced that they will report Q3, 2024 results After-Market on Oct 24, 2024 Reported Earnings • Jul 26
Second quarter 2024 earnings released: EPS: US$1.32 (vs US$0.91 in 2Q 2023) Second quarter 2024 results: EPS: US$1.32 (up from US$0.91 in 2Q 2023). Revenue: US$281.9m (up 22% from 2Q 2023). Net income: US$90.8m (up 45% from 2Q 2023). Profit margin: 32% (up from 27% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 3.1% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Announcement • Jul 26
Ameris Bancorp Reports Net Charge-Offs for the Second Quarter Ended June 30, 2024 Ameris Bancorp reported net charge-offs for the second quarter ended June 30, 2024. For the quarter, the company reported net charge-offs of $9,153,000 against $14,230,000 a year ago. Announcement • Jul 24
Ameris Bancorp(NYSE:ABCB) dropped from NASDAQ Composite Index Ameris Bancorp removed Announcement • Jul 12
Ameris Bancorp Announces Transfer of Listing of Common Stock to The Nasdaq Stock Market LLC Ameris Bancorp (the ‘Company’ or ‘Ameris’) announced that it is transferring the listing of its common stock to the New York Stock Exchange (‘NYSE’) from The Nasdaq Stock Market LLC (‘Nasdaq’). Ameris’s common stock is expected to begin trading on the NYSE on Tuesday, July 23, 2024, and will continue to be traded under its current ticker symbol ‘ABCB’ after the transfer. Ameris’s common stock is expected to continue to trade on Nasdaq until the close of the market on July 22, 2024. To commemorate the event, members of Ameris’s executive team and its board of directors will ring the Opening Bell at the NYSE on Tuesday, July 23, 2024. ‘We are excited to announce the transfer of Ameris’s common stock listing to the NYSE, the world’s premier stock exchange,’ stated Palmer Proctor, Chief Executive Officer of Ameris. ‘We believe this strategic move will provide enhanced visibility and a strengthened market position for our Company.’ ‘We’re thrilled to welcome Ameris to the New York Stock Exchange,’ said John Tuttle, Vice Chair, NYSE Group. ‘As an NYSE-listed company, Ameris joins our community of icons, disruptors and many of its peers, leveraging the membership value that our exchange uniquely provides’. Announcement • Jul 04
Ameris Bancorp to Report Q2, 2024 Results on Jul 25, 2024 Ameris Bancorp announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Jul 25, 2024 Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: US$1.08 (vs US$0.87 in 1Q 2023) First quarter 2024 results: EPS: US$1.08 (up from US$0.87 in 1Q 2023). Revenue: US$246.2m (up 13% from 1Q 2023). Net income: US$74.3m (up 23% from 1Q 2023). Profit margin: 30% (up from 28% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.7% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Apr 24
Ameris Bancorp, Annual General Meeting, Jun 06, 2024 Ameris Bancorp, Annual General Meeting, Jun 06, 2024, at 09:30 Eastern Standard Time. Agenda: To elect each of the 13 director nominees named in the accompanying Proxy Statement to serve as a director until 2025 Annual Meeting of Shareholders and until his or her successor is duly elected and qualified; To ratify the appointment of KPMG LLP as independent registered public accounting firm for the fiscal year ending December 31, 2024; To hold an advisory vote on the compensation of named executive officers; To hold an advisory vote on the frequency of the advisory vote on the compensation of named executive officers; and To transact any other business that may properly come before the Annual Meeting or any adjournment or postponement thereof. Announcement • Apr 04
Ameris Bancorp to Report Q1, 2024 Results on Apr 25, 2024 Ameris Bancorp announced that they will report Q1, 2024 results After-Market on Apr 25, 2024 Reported Earnings • Mar 04
Full year 2023 earnings released: EPS: US$3.90 (vs US$5.01 in FY 2022) Full year 2023 results: EPS: US$3.90 (down from US$5.01 in FY 2022). Revenue: US$937.1m (down 5.5% from FY 2022). Net income: US$269.1m (down 22% from FY 2022). Profit margin: 29% (down from 35% in FY 2022). The decrease in margin was primarily driven by lower revenue. Net interest margin (NIM): 3.61% (down from 3.76% in FY 2022). Cost-to-income ratio: 52.6% (up from 52.5% in FY 2022). Non-performing loans: 0.83% (up from 0.77% in FY 2022). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Feb 08
Ameris Bancorp Appoints Claire E. McLean to Its Board of Directors Ameris Bancorp announced that Claire E. McLean has been appointed a director of the company, effective February 7, 2024. Ms. McLean, 44, currently serves as Chief Operating Officer and Executive Vice President of Preferred Capital Securities, LLC and as President of its affiliate, Preferred Shareholder Services. She previously served as a Managing Director of Ernst & Young LLP, where she spent more than twenty years in public accounting. Ms. McLean has experience in the areas of banking and finance, payments/technology, trust companies, capital markets and asset management. Additionally, she has experience with mergers and acquisitions, CECL, derivatives/hedging, debt/equity, and other complex topics. Reported Earnings • Jan 26
Full year 2023 earnings released: EPS: US$3.90 (vs US$5.01 in FY 2022) Full year 2023 results: EPS: US$3.90 (down from US$5.01 in FY 2022). Revenue: US$937.1m (down 5.5% from FY 2022). Net income: US$269.1m (down 22% from FY 2022). Profit margin: 29% (down from 35% in FY 2022). The decrease in margin was primarily driven by lower revenue. Net interest margin (NIM): 3.61% (down from 3.76% in FY 2022). Cost-to-income ratio: 52.6% (up from 52.5% in FY 2022). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Announcement • Jan 26
Ameris Bancorp Reports Net Charge-Offs for the Fourth Quarter Ended December 2023 Ameris Bancorp reported net charge-offs for the fourth quarter ended December 2023. For the quarter, the company reported net charge-offs of $13,405,000 against $3,862,000 a year ago. Announcement • Jan 05
Ameris Bancorp to Report Q4, 2023 Results on Jan 25, 2024 Ameris Bancorp announced that they will report Q4, 2023 results After-Market on Jan 25, 2024 Announcement • Nov 01
Ameris Bancorp Announces Promotion of Ross McWilliams to Executive Vice President and Managing Director in the Homebuilder Division Ameris Bancorp has announced a promotion. The firm has announced the promotion of Ross McWilliams to executive vice president and managing director in the Homebuilder Division. McWilliams has been with the firm for more than 15 years and has 30 years of experience in the industry. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: US$1.16 (vs US$1.34 in 3Q 2022) Third quarter 2023 results: EPS: US$1.16 (down from US$1.34 in 3Q 2022). Revenue: US$246.5m (down 5.0% from 3Q 2022). Net income: US$80.1m (down 13% from 3Q 2022). Profit margin: 33% (down from 36% in 3Q 2022). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • Sep 28
Ameris Bancorp to Report Q3, 2023 Results on Oct 26, 2023 Ameris Bancorp announced that they will report Q3, 2023 results After-Market on Oct 26, 2023 Announcement • Aug 24
Ameris Bancorp and Ameris Bank Announces Executive Changes On August 22, 2023, Ameris Bancorp (the “Company”) announced that Jon S. Edwards, Corporate Executive Vice President and Chief Credit Officer of the Company and its wholly owned banking subsidiary Ameris Bank (the “Bank”), has notified the Company that he intends to retire from both the Company and the Bank effective March 31, 2024, after 25 years of service. The Company also announced the appointment of Doug Strange to succeed Mr. Edwards as of April 1, 2024. Mr. Strange currently serves as Managing Director of Credit Administration for the Bank. The Company and the Bank intend to use the time between the date of this filing and Mr. Edwards’ anticipated retirement date to provide for an orderly transition of his duties and responsibilities to Mr. Strange. Reported Earnings • Jul 28
Second quarter 2023 earnings released: EPS: US$0.91 (vs US$1.30 in 2Q 2022) Second quarter 2023 results: EPS: US$0.91 (down from US$1.30 in 2Q 2022). Revenue: US$231.4m (down 7.2% from 2Q 2022). Net income: US$62.6m (down 31% from 2Q 2022). Profit margin: 27% (down from 36% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 9.3% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 28
Ameris Bancorp Reports Net Charge-Offs for the Second Quarter Ended June 30, 2023 Ameris Bancorp reported net charge-offs for the second quarter ended June 30, 2023. For the quarter, the company reported net charge-offs of $14,230,000 against $1,836,000 a year ago. Announcement • Jul 07
Ameris Bancorp to Report Q2, 2023 Results on Jul 27, 2023 Ameris Bancorp announced that they will report Q2, 2023 results After-Market on Jul 27, 2023 Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €33.80, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Banks industry in Europe. Total returns to shareholders of 54% over the past three years. Recent Insider Transactions • May 26
Insider recently bought €232k worth of stock On the 23rd of May, William Choate bought around 7k shares on-market at roughly €30.98 per share. This transaction amounted to 3.4% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €301k. Insiders have collectively bought €868k more in shares than they have sold in the last 12 months. Recent Insider Transactions • May 12
Vice Chairman & CEO recently bought €266k worth of stock On the 10th of May, H. Proctor bought around 10k shares on-market at roughly €26.65 per share. This transaction amounted to 1.9% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €301k. This was H.'s only on-market trade for the last 12 months. Recent Insider Transactions • May 04
Insider recently bought €301k worth of stock On the 1st of May, James LaHaise bought around 10k shares on-market at roughly €30.11 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €52k more in shares than they have sold in the last 12 months. Reported Earnings • Apr 30
First quarter 2023 earnings released: EPS: US$0.87 (vs US$1.18 in 1Q 2022) First quarter 2023 results: EPS: US$0.87 (down from US$1.18 in 1Q 2022). Revenue: US$218.0m (down 11% from 1Q 2022). Net income: US$60.4m (down 26% from 1Q 2022). Profit margin: 28% (down from 34% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €34.20, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 65% over the past three years. Reported Earnings • Jan 28
Full year 2022 earnings released: EPS: US$5.01 (vs US$5.43 in FY 2021) Full year 2022 results: EPS: US$5.01 (down from US$5.43 in FY 2021). Revenue: US$1.01b (down 2.6% from FY 2021). Net income: US$346.5m (down 8.1% from FY 2021). Profit margin: 34% (down from 36% in FY 2021). Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Announcement • Jan 07
Ameris Bancorp to Report Q4, 2022 Results on Jan 26, 2023 Ameris Bancorp announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Jan 26, 2023 Upcoming Dividend • Dec 22
Upcoming dividend of US$0.15 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 09 January 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.1%). Recent Insider Transactions • Nov 25
Independent Director recently sold €98k worth of stock On the 21st of November, Jimmy Veal sold around 2k shares on-market at roughly €50.63 per share. This transaction amounted to 1.9% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €156k. Insiders have been net sellers, collectively disposing of €318k more than they bought in the last 12 months. Recent Insider Transactions • Nov 16
Insider recently sold €156k worth of stock On the 7th of November, William McKendry sold around 3k shares on-market at roughly €51.97 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €220k more than they bought in the last 12 months. Recent Insider Transactions • Nov 09
Insider recently sold €156k worth of stock On the 7th of November, William McKendry sold around 3k shares on-market at roughly €51.97 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €220k more than they bought in the last 12 months. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: US$1.34 (vs US$1.18 in 3Q 2021) Third quarter 2022 results: EPS: US$1.34 (up from US$1.18 in 3Q 2021). Revenue: US$260.7m (up 5.0% from 3Q 2021). Net income: US$92.6m (up 13% from 3Q 2021). Profit margin: 36% (up from 33% in 3Q 2021). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Banks industry in Europe. Announcement • Oct 28
Ameris Bancorp Reports Net Charge-Offs for the Third Quarter Ended September 30, 2022 Ameris Bancorp reported net charge-offs for the third quarter ended September 30, 2022. For the quarter, the company reported net charge-offs of $5,220,000. Announcement • Oct 04
Ameris Bancorp to Report Q3, 2022 Results on Oct 27, 2022 Ameris Bancorp announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Oct 27, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of US$0.15 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 10 October 2022. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.3%). Announcement • Jul 27
Ameris Bancorp Announces Net Charge Offs for the Second Quarter Ended June 30, 2022 Ameris Bancorp announced net charge offs for the second quarter ended June 30, 2022. For the quarter, the company reported net charge-offs of $1,836,000 against $2,601,000 a year ago. Reported Earnings • Jul 27
Second quarter 2022 earnings released: EPS: US$1.30 (vs US$1.27 in 2Q 2021) Second quarter 2022 results: EPS: US$1.30 (up from US$1.27 in 2Q 2021). Revenue: US$260.3m (up 3.9% from 2Q 2021). Net income: US$90.1m (up 2.0% from 2Q 2021). Profit margin: 35% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 11%, compared to a 20% growth forecast for the industry in Germany. Announcement • Jul 02
Ameris Bancorp to Report Q2, 2022 Results on Jul 26, 2022 Ameris Bancorp announced that they will report Q2, 2022 results After-Market on Jul 26, 2022 Upcoming Dividend • Jun 22
Upcoming dividend of US$0.15 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 08 July 2022. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (6.6%). Reported Earnings • Apr 28
First quarter 2022 earnings released: EPS: US$1.18 (vs US$1.80 in 1Q 2021) First quarter 2022 results: EPS: US$1.18 (down from US$1.80 in 1Q 2021). Revenue: US$253.2m (down 16% from 1Q 2021). Net income: US$81.7m (down 35% from 1Q 2021). Profit margin: 32% (down from 42% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 5.7%, compared to a 8.7% growth forecast for the industry in Germany. Announcement • Apr 26
Ameris Bancorp, Annual General Meeting, Jun 09, 2022 Ameris Bancorp, Annual General Meeting, Jun 09, 2022, at 09:30 US Eastern Standard Time. Agenda: To elect each of the 13 director nominees named in the accompanying proxy statement to serve as a director until our 2023 Annual Meeting of Shareholders and until his or her successor is duly elected and qualified; to ratify the appointment of KPMG LLP as independent registered public accounting firm for the fiscal year ending December 31, 2022; to approve, on an advisory basis, the compensation of named executive officers; and to transact any other business that may properly come before the annual meeting or any adjournment or postponement thereof. Announcement • Apr 01
Ameris Bancorp to Report Q1, 2022 Results on Apr 26, 2022 Ameris Bancorp announced that they will report Q1, 2022 results After-Market on Apr 26, 2022 Reported Earnings • Mar 04
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$5.43 (up from US$3.78 in FY 2020). Revenue: US$1.04b (up 6.4% from FY 2020). Net income: US$376.9m (up 44% from FY 2020). Profit margin: 36% (up from 27% in FY 2020). The increase in margin was primarily driven by lower expenses. Net interest margin (NIM): 3.32% (down from 3.70% in FY 2020). Non-performing loans: 0.61% (up from 0.56% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 4.0% compared to a 9.3% growth forecast for the banks industry in Germany. Reported Earnings • Jan 29
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$5.43 (up from US$3.78 in FY 2020). Revenue: US$1.06b (up 13% from FY 2020). Net income: US$376.9m (up 44% from FY 2020). Profit margin: 36% (up from 28% in FY 2020). Net interest margin (NIM): 3.32% (down from 3.70% in FY 2020). Cost-to-income ratio: 55.0% (down from 55.2% in FY 2020). Non-performing loans: 0.62% (up from 0.59% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 5.9% compared to a 11% growth forecast for the banks industry in Germany. Upcoming Dividend • Dec 23
Upcoming dividend of US$0.15 per share Eligible shareholders must have bought the stock before 30 December 2021. Payment date: 10 January 2022. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.4%). Recent Insider Transactions • Dec 18
Independent Director recently sold €73k worth of stock On the 10th of December, Jimmy Veal sold around 2k shares on-market at roughly €43.00 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €662k more than they bought in the last 12 months. Reported Earnings • Oct 30
Third quarter 2021 earnings released: EPS US$1.17 (vs US$1.68 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$247.9m (down 19% from 3Q 2020). Net income: US$81.7m (down 30% from 3Q 2020). Profit margin: 33% (down from 38% in 3Q 2020). The decrease in margin was driven by lower revenue. Upcoming Dividend • Sep 22
Upcoming dividend of US$0.15 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 08 October 2021. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.4%). Recent Insider Transactions • Jul 29
CEO & Director recently bought €99k worth of stock On the 27th of July, H. Proctor bought around 3k shares on-market at roughly €39.47 per share. This was the largest purchase by an insider in the last 3 months. This was H.'s only on-market trade for the last 12 months. Announcement • Jul 24
Ameris Bancorp Announces Net Charge-Offs for the Second Quarter Ended June 30, 2021 Ameris Bancorp announced net charge-offs for the second quarter ended June 30, 2021. For the quarter, the company reported net charge-offs of $2,601,000 compared to $9,181,000 a year ago. Reported Earnings • Jul 24
Second quarter 2021 earnings released: EPS US$1.27 (vs US$0.47 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$250.4m (up 23% from 2Q 2020). Net income: US$88.3m (up 174% from 2Q 2020). Profit margin: 35% (up from 16% in 2Q 2020). The increase in margin was primarily driven by higher revenue. Recent Insider Transactions • May 12
Independent Director recently sold €469k worth of stock On the 7th of May, Robert Ezzell sold around 10k shares on-market at roughly €46.87 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €657k more than they bought in the last 12 months. Reported Earnings • Apr 26
First quarter 2021 earnings released: EPS US$1.80 (vs US$0.28 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$311.8m (up 70% from 1Q 2020). Net income: US$125.0m (up US$105.6m from 1Q 2020). Profit margin: 40% (up from 11% in 1Q 2020). The increase in margin was driven by higher revenue. Announcement • Apr 24
Ameris Bancorp Reports Net Charge-Offs for the First Quarter Ended March, 2020 Ameris Bancorp reported Net charge-offs for the first quarter ended March, 2020. Net charge-offs were $4,273,000. Reported Earnings • Mar 01
Full year 2020 earnings released: EPS US$3.78 (vs US$2.76 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$938.1m (up 39% from FY 2019). Net income: US$262.0m (up 62% from FY 2019). Profit margin: 28% (up from 24% in FY 2019). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.70% (down from 3.88% in FY 2019). Cost-to-income ratio: 55.2% (down from 67.1% in FY 2019). Non-performing loans: 0.59% (down from 0.63% in FY 2019). Is New 90 Day High Low • Feb 12
New 90-day high: €37.45 The company is up 39% from its price of €27.00 on 13 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €50.53 per share. Recent Insider Transactions • Feb 10
Insider recently sold €218k worth of stock On the 5th of February, Jon Edwards sold around 6k shares on-market at roughly €36.36 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €386k more than they sold in the last 12 months. Reported Earnings • Jan 30
Full year 2020 earnings released: EPS US$3.77 (vs US$2.76 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$938.9m (up 39% from FY 2019). Net income: US$262.0m (up 62% from FY 2019). Profit margin: 28% (up from 24% in FY 2019). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.70% (down from 3.88% in FY 2019). Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improved over the past week After last week's 15% share price gain to US$35.27, the stock is trading at a trailing P/E ratio of 13.2x, up from the previous P/E ratio of 11.5x. This compares to an average P/E of 12x in the Banks industry in Europe. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improved over the past week After last week's 17% share price gain to US$35.00, the stock is trading at a trailing P/E ratio of 13.1x, up from the previous P/E ratio of 11.3x. This compares to an average P/E of 12x in the Banks industry in Europe. Announcement • Jan 08
Ameris Bancorp to Report Q4, 2020 Results on Jan 28, 2021 Ameris Bancorp announced that they will report Q4, 2020 results After-Market on Jan 28, 2021 Is New 90 Day High Low • Jan 07
New 90-day high: €33.60 The company is up 51% from its price of €22.20 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €43.60 per share. Is New 90 Day High Low • Dec 11
New 90-day high: €30.80 The company is up 58% from its price of €19.50 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €49.97 per share. Announcement • Dec 05
Ameris Bancorp Announces Appointment of Howard F Lemons as SVP and Treasury Services Head of Product Management Ameris Bancorp announced appointment Howard F Lemons as SVP and treasury services head of Product Management. In the role, Lemons will be responsible for the end-to-end development, execution and performance of all treasury services products. Lemons has more than 23 years of banking experience and has expertise in all aspects of treasury management functions. Is New 90 Day High Low • Nov 11
New 90-day high: €29.00 The company is up 28% from its price of €22.60 on 12 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €45.92 per share. Reported Earnings • Nov 08
Third quarter 2020 earnings released: EPS US$1.68 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$305.0m (up 42% from 3Q 2019). Net income: US$116.1m (up 443% from 3Q 2019). Profit margin: 38% (up from 10.0% in 3Q 2019). The increase in margin was primarily driven by higher revenue. Analyst Estimate Surprise Post Earnings • Nov 08
Revenue beats expectations Revenue exceeded analyst estimates by 19%. Over the next year, revenue is forecast to grow 17%, compared to a 19% growth forecast for the Banks industry in Germany. Analyst Estimate Surprise Post Earnings • Oct 24
Third-quarter earnings released: Revenue beats expectations Third-quarter revenue exceeded analyst estimates by 19% at US$321.6m. Revenue is forecast to grow 12% over the next year, compared to a 61% growth forecast for the Banks industry in Germany. Reported Earnings • Oct 24
Third quarter earnings released Over the last 12 months the company has reported total profits of US$229.0m, up 59% from the prior year. Total revenue was US$864.3m over the last 12 months, up 45% from the prior year. Is New 90 Day High Low • Oct 24
New 90-day high: €24.60 The company is up 24% from its price of €19.90 on 24 July 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €32.83 per share.