Atlantic Capital Bancshares
Market Cap
US$244.9m
Last Updated
2020/07/02 00:06 UTC
Data Sources
Company Financials +
Executive Summary
Atlantic Capital Bancshares, Inc. operates as the bank holding company for Atlantic Capital Bank, N.A.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of -4.5% per year for the next 3 years
Snowflake Analysis
Flawless balance sheet and slightly overvalued.
Similar Companies
Share Price & News
How has Atlantic Capital Bancshares's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ACBI has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-2.1%
ACBI
-1.7%
US Banks
1.9%
US Market
1 Year Return
-33.8%
ACBI
-27.6%
US Banks
4.3%
US Market
Return vs Industry: ACBI underperformed the US Banks industry which returned -27.6% over the past year.
Return vs Market: ACBI underperformed the US Market which returned 4.3% over the past year.
Shareholder returns
| ACBI | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.1% | -1.7% | 1.9% |
| 30 Day | 1.8% | -4.3% | 2.7% |
| 90 Day | 8.2% | 11.3% | 26.4% |
| 1 Year | -33.8%-33.8% | -25.0%-27.6% | 6.5%4.3% |
| 3 Year | -40.1%-40.1% | -18.1%-24.7% | 35.1%26.2% |
| 5 Year | n/a | 11.4%-2.1% | 67.0%48.4% |
Price Volatility Vs. Market
How volatile is Atlantic Capital Bancshares's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
The Lead Independent Director of Atlantic Capital Bancshares, Inc. (NASDAQ:ACBI), Douglas Hertz, Just Bought 52% More Shares4 weeks ago | Simply Wall St
Should We Worry About Atlantic Capital Bancshares, Inc.'s (NASDAQ:ACBI) P/E Ratio?1 month ago | Simply Wall St
Atlantic Capital Bancshares, Inc. (NASDAQ:ACBI): What Does Its Beta Value Mean For Your Portfolio?Valuation
Is Atlantic Capital Bancshares undervalued compared to its fair value and its price relative to the market?
10.78x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ACBI ($11.41) is trading above our estimate of fair value ($9.53)
Significantly Below Fair Value: ACBI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ACBI is poor value based on its PE Ratio (10.8x) compared to the Banks industry average (9.5x).
PE vs Market: ACBI is good value based on its PE Ratio (10.8x) compared to the US market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: ACBI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: ACBI is good value based on its PB Ratio (0.7x) compared to the US Banks industry average (0.8x).
Next Steps
Future Growth
How is Atlantic Capital Bancshares forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
-4.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ACBI's earnings are forecast to decline over the next 3 years (-4.5% per year).
Earnings vs Market: ACBI's earnings are forecast to decline over the next 3 years (-4.5% per year).
High Growth Earnings: ACBI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: ACBI's revenue (5.3% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: ACBI's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ACBI's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Atlantic Capital Bancshares performed over the past 5 years?
39.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ACBI has high quality earnings.
Growing Profit Margin: ACBI's current net profit margins (29%) are lower than last year (33.9%).
Past Earnings Growth Analysis
Earnings Trend: ACBI's earnings have grown significantly by 39.7% per year over the past 5 years.
Accelerating Growth: ACBI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ACBI had negative earnings growth (-18.6%) over the past year, making it difficult to compare to the Banks industry average (1.9%).
Return on Equity
High ROE: ACBI's Return on Equity (7.2%) is considered low.
Next Steps
Financial Health
How is Atlantic Capital Bancshares's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: ACBI's Assets to Equity ratio (8.2x) is low.
Allowance for Bad Loans: ACBI has a sufficient allowance for bad loans (382%).
Low Risk Liabilities: 93% of ACBI's liabilities are made up of primarily low risk sources of funding.
Loan Level: ACBI has an appropriate level of Loans to Assets ratio (70%).
Low Risk Deposits: ACBI's Loans to Deposits ratio (86%) is appropriate.
Level of Bad Loans: ACBI has an appropriate level of bad loans (0.3%).
Next Steps
Dividend
What is Atlantic Capital Bancshares's current dividend yield, its reliability and sustainability?
0.82%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ACBI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ACBI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ACBI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ACBI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ACBI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.8yrs
Average management tenure
CEO
Doug Williams (62yo)
13.75yrs
Tenure
US$1,158,189
Compensation
Mr. Douglas L. Williams, also known as Doug, is the President, Chief Executive Officer and a Director of Atlantic Capital Bank, National Association and its holding company, Atlantic Capital Bancshares, In ...
CEO Compensation Analysis
Compensation vs Market: Doug's total compensation ($USD1.16M) is about average for companies of similar size in the US market ($USD1.34M).
Compensation vs Earnings: Doug's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 13.75yrs | US$1.16m | 1.07% $2.6m | |
| Executive VP | 4.75yrs | US$775.54k | 0.11% $281.2k | |
| President of Atlanta Division | 13.75yrs | US$764.68k | 0.24% $576.3k | |
| Executive Vice President of Operations & Information Technology | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | no data | no data | 0.038% $92.9k | |
| President of Corporate Financial Services Division | no data | no data | 0.31% $764.6k | |
| Executive VP & Chief Risk Officer | 2.75yrs | no data | 0.11% $267.7k | |
| Executive VP & Chief Credit Officer | 2.75yrs | no data | 0.19% $465.1k | |
| Executive Vice President of Corporate & Community Affairs | no data | no data | no data | |
| Senior VP & Controller of Atlantic Capital Bank | no data | no data | no data |
4.8yrs
Average Tenure
55yo
Average Age
Experienced Management: ACBI's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 13.75yrs | US$1.16m | 1.07% $2.6m | |
| Independent Non-Executive Chairman | 13.75yrs | US$134.99k | 0.83% $2.0m | |
| Independent Director | 2.83yrs | US$59.99k | 0.095% $232.0k | |
| Independent Director | 4.67yrs | US$64.99k | 0.040% $98.2k | |
| Independent Director | 9.33yrs | US$69.99k | 0.066% $161.8k | |
| Lead Independent Director | 0.17yr | US$66.49k | 0.10% $253.1k | |
| Independent Director | 4.75yrs | US$63.74k | 0.049% $119.1k | |
| Independent Director | 1.5yrs | US$57.07k | 0.038% $93.4k | |
| Independent Director | 0.33yr | no data | 0.13% $313.1k |
4.7yrs
Average Tenure
62yo
Average Age
Experienced Board: ACBI's board of directors are considered experienced (4.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ACBI insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Atlantic Capital Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Atlantic Capital Bancshares, Inc.
- Ticker: ACBI
- Exchange: NasdaqGS
- Founded: 2006
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$244.870m
- Shares outstanding: 21.46m
- Website: https://www.atlanticcapitalbank.com
Number of Employees
Location
- Atlantic Capital Bancshares, Inc.
- Resurgens Plaza
- Suite 1600
- Atlanta
- Georgia
- 30326
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ACBI | NasdaqGS (Nasdaq Global Select) | Yes | Common Shares | US | USD | Nov 2015 |
| 41K | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Nov 2015 |
Biography
Atlantic Capital Bancshares, Inc. operates as the bank holding company for Atlantic Capital Bank, N.A. that provides banking products and services. The company offers non-interest and interest bearing demand, savings and money market, time, and brokered deposits. It also provides working capital and equipment loans, loans supported by owner-occupied real estate, revolving lines of credit, term loans, and letters of credit; secured installment and term loans, and home equity lines of credit; and commercial real estate loans, including secured construction loans, secured mini-permanent loans, and secured or unsecured lines of credit, as well as small business administration and franchise finance loans. In addition, the company offers cash and treasury management, capital market, payment processing, commercial and not-for-profit banking, payroll, electronic payment, and online and mobile banking services. It serves small and medium sized businesses and commercial enterprises, franchisees, not for profit enterprises, commercial real estate developers and individual clients, public real estate investment trusts and other commercial real estate clients, and professional services businesses. The company primarily operates a loan production office in Cobb County, Georgia; and 5 additional locations located in Cobb County, Fulton County, and Athens-Clarke County, Georgia; and Hamilton County, Tennessee. The company was founded in 2006 and is headquartered in Atlanta, Georgia.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/02 00:06 |
| End of Day Share Price | 2020/07/01 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.