NasdaqGS:ACBI

Stock Analysis Report

Atlantic Capital Bancshares

Executive Summary

Atlantic Capital Bancshares, Inc. operates as the bank holding company for Atlantic Capital Bank, N.A.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.


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


Market Performance


7 Day Return

1.4%

ACBI

3.7%

US Banks

1.8%

US Market


1 Year Return

10.4%

ACBI

1.9%

US Banks

7.3%

US Market

Return vs Industry: ACBI exceeded the US Banks industry which returned 1.9% over the past year.

Return vs Market: ACBI exceeded the US Market which returned 7.3% over the past year.


Shareholder returns

ACBIIndustryMarket
7 Day1.4%3.7%1.8%
30 Day-4.7%0.2%-0.7%
90 Day1.2%2.5%0.06%
1 Year10.4%10.4%4.9%1.9%9.7%7.3%
3 Year15.2%15.2%51.7%41.2%46.3%36.9%
5 Yearn/a69.7%51.2%64.5%46.5%

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

Valuation

Is Atlantic Capital Bancshares undervalued compared to its fair value and its price relative to the market?

15.59x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate ACBI's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate ACBI's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ACBI is poor value based on its PE Ratio (15.6x) compared to the Banks industry average (12.6x).

PE vs Market: ACBI is good value based on its PE Ratio (15.6x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

Low 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 overvalued based on its PB Ratio (1.2x) compared to the US Banks industry average (1.2x).


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?

-13.2%

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 (-13.2% per year).

Earnings vs Market: ACBI's earnings are forecast to decline over the next 3 years (-13.2% per year).

High Growth Earnings: ACBI's earnings are forecast to decline over the next 3 years.

Revenue vs Market: ACBI's revenue (8.3% per year) is forecast to grow faster than the US market (7.3% per year).

High Growth Revenue: ACBI's revenue (8.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: ACBI's Return on Equity is forecast to be low in 3 years time (7.9%).


Next Steps

Past Performance

How has Atlantic Capital Bancshares performed over the past 5 years?

33.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: ACBI's earnings have grown significantly by 33.9% per year over the past 5 years.

Accelerating Growth: ACBI's earnings growth over the past year (2127.3%) exceeds its 5-year average (33.9% per year).

Earnings vs Industry: ACBI earnings growth over the past year (2127.3%) exceeded the Banks industry 30.5%.


Return on Equity

High ROE: ACBI's Return on Equity (8.3%) is considered low.


Return on Assets

ROA vs Industry: ACBI has a higher Return on Assets than the Banks industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate ACBI's Return on Capital Employed to determine if it has improved over the past 3 years.


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

Inventory Level: ACBI has a low level of unsold assets or inventory.

Debt Coverage by Assets: ACBI's debt is not covered by short term assets (assets are 0.5x debt).


Financial Institutions Analysis

Asset Level: ACBI's level of assets compared to its equity is low.

Allowance for Bad Loans: ACBI has a sufficient allowance for bad loans.

Low Risk Liabilities: ACBI's liabilities are made up of primarily low risk sources of funding.

Loan Level: ACBI has an acceptable proportion of non-loan assets held.

Low Risk Deposits: ACBI's loans are broadly funded by customer deposits.

Level of Bad Loans: ACBI has an appropriate level of bad loans (0.35%)


Next Steps

Dividend

What is Atlantic Capital Bancshares's current dividend yield, its reliability and sustainability?

0.97%

Forecast Dividend Yield


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.7%industryaverage3.0%forecastin3Years1.0%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate ACBI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate ACBI's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

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

What is the CEO of Atlantic Capital Bancshares's salary, the management and board of directors tenure and is there insider trading?

4.0yrs

Average management tenure


CEO

Doug Williams (61yo)

13yrs

Tenure

US$1,305,646

Compensation

Mr. Douglas L. Williams is the President, Chief Executive Officer and a Director of Atlantic Capital Bank, National Association and its holding company, Atlantic Capital Bancshares, Inc. He has over 38 yea ...


CEO Compensation Analysis

Compensation vs. Market: Doug's total compensation ($USD1.31M) is about average for companies of similar size in the US market ($USD1.79M).

Compensation vs Earnings: Doug's compensation has increased by more than 20% in the past year.


Management Age and Tenure

4.0yrs

Average Tenure

54yo

Average Age

Experienced Management: ACBI's management team is considered experienced (4 years average tenure).


Board Age and Tenure

6.3yrs

Average Tenure

61yo

Average Age

Experienced Board: ACBI's board of directors are considered experienced (6.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$33,75610 Jun 19
R. Shufeldt
EntityIndividual
Role
Lead Director
Lead Independent Director
Shares2,000
Max PriceUS$16.88

Ownership Breakdown


Management Team

  • Rich Oglesby (54yo)

    Executive VP & General Banking Division Executive

    • Tenure: 13yrs
    • Compensation: US$805.28k
  • Doug Williams (61yo)

    President

    • Tenure: 13yrs
    • Compensation: US$1.31m
  • Kurt Shreiner (54yo)

    Executive Vice President of Corporate Financial Services

    • Tenure: 0yrs
  • Patrick Oakes (50yo)

    Executive VP

    • Tenure: 4yrs
    • Compensation: US$819.67k
  • Ashley Carson

    Executive Vice President of Corporate & Community Affairs

    • Tenure: 0yrs
  • Annette Rollins (60yo)

    Executive VP & Chief Human Resources Officer

    • Tenure: 0yrs
  • Gary Fleming (48yo)

    Executive VP & Chief Risk Officer

    • Tenure: 2yrs
  • Robert Bugbee (53yo)

    Executive VP & Chief Credit Officer

    • Tenure: 2yrs
  • Mark Robertson

    Executive Vice President of Operations & Information Technology

    • Tenure: 0yrs

Board Members

  • Sonny Deriso (72yo)

    Non-Executive Chairman

    • Tenure: 13yrs
    • Compensation: US$125.00k
  • Jim Graves (70yo)

    Independent Director

    • Tenure: 2.1yrs
    • Compensation: US$50.00k
  • Charlie Shufeldt (68yo)

    Lead Independent Director

    • Tenure: 0yrs
    • Compensation: US$56.50k
  • Lizanne Thomas (61yo)

    Independent Director

    • Tenure: 3.9yrs
    • Compensation: US$55.00k
  • Martie Zakas (60yo)

    Independent Director

    • Tenure: 8.6yrs
    • Compensation: US$57.00k
  • Doug Williams (61yo)

    President

    • Tenure: 13yrs
    • Compensation: US$1.31m
  • Doug Hertz (66yo)

    Independent Director

    • Tenure: 8.6yrs
    • Compensation: US$56.50k
  • Henchy Enden (47yo)

    Independent Director

    • Tenure: 4yrs
    • Compensation: US$50.00k
  • Shan Cooper (51yo)

    Independent Director

    • Tenure: 0.7yrs

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$395.352m
  • Shares outstanding: 22.88m
  • Website: https://www.atlanticcapitalbank.com

Number of Employees


Location

  • Atlantic Capital Bancshares, Inc.
  • 945 East Paces Ferry Road NE
  • Suite 1600
  • Atlanta
  • Georgia
  • 30326
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ACBINasdaqGS (Nasdaq Global Select)YesCommon SharesUSUSDNov 2015

Biography

Atlantic Capital Bancshares, Inc. operates as the bank holding company for Atlantic Capital Bank, N.A. that provides banking products and services in the Metropolitan Atlanta and rest of the United States. ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 00:18
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.