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Atlantic Capital Bancshares

Nasdaq:ACBI
Snowflake Description

Flawless balance sheet with concerning outlook.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ACBI
Nasdaq
$475M
Market Cap
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Last updated 2019/02/14 01:08
Company description

Atlantic Capital Bancshares, Inc. operates as the holding company for Atlantic Capital Bank, N.A. The last earnings update was 14 days ago. More info.

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ACBI Share Price and Events
7 Day Returns
1.2%
NasdaqGS:ACBI
0.4%
US Banks
0.5%
US Market
1 Year Returns
8.2%
NasdaqGS:ACBI
-10%
US Banks
2%
US Market
ACBI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Atlantic Capital Bancshares (ACBI) 1.2% 5.5% 8.2% 8.2% 58.1% -
US Banks 0.4% 6.9% -1.3% -10% 55.9% 45.7%
US Market 0.5% 6.3% 1.9% 2% 45.1% 40.5%
1 Year Return vs Industry and Market
  • ACBI outperformed the Banks industry which returned -10% over the past year.
  • ACBI outperformed the Market in United States of America which returned 2% over the past year.
Price Volatility
ACBI
Industry
5yr Volatility vs Market

ACBI Value

 Is Atlantic Capital Bancshares undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Atlantic Capital Bancshares to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Atlantic Capital Bancshares.

NasdaqGS:ACBI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 5 analysts.
= Stable Book Value * Return on Equity
= $14.12 * 10.9% 		$1.54
Book Value of Equity per Share Weighted future Book Value estimates from 5 analysts. $14.12
Discount Rate (Cost of Equity) See below 11.6%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:ACBI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 7.3%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.63
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.634 (1 + (1- 21%) (10.47%)) 		1.225
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)		 1.23
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.225 * 7.27%) 		11.64%

Discounted Cash Flow Calculation for NasdaqGS:ACBI using Excess Returns Model Model

The calculations below outline how an intrinsic value for Atlantic Capital Bancshares is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NasdaqGS:ACBI Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (10.9% – 11.64%) * $14.12) 		$-0.10
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $-0.10 / (11.64% - 2.73%) 		$-1.16
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $14.12 + $-1.16 		$12.96
NasdaqGS:ACBI Discount to Share Price
Calculation Result
Value per share (USD) From above. $12.96
Current discount Discount to share price of $18.78
= -1 x ($18.78 - $12.96) / $12.96 		-44.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Atlantic Capital Bancshares is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Atlantic Capital Bancshares's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Atlantic Capital Bancshares's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:ACBI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $1.08
NasdaqGS:ACBI Share Price ** NasdaqGS (2019-02-13) in USD $18.78
United States of America Banks Industry PE Ratio Median Figure of 583 Publicly-Listed Banks Companies 13.34x
United States of America Market PE Ratio Median Figure of 3,046 Publicly-Listed Companies 16.95x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Atlantic Capital Bancshares.

NasdaqGS:ACBI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:ACBI Share Price ÷ EPS (both in USD)

= 18.78 ÷ 1.08

 17.37x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Atlantic Capital Bancshares is overvalued based on earnings compared to the US Banks industry average.
  • Atlantic Capital Bancshares is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Atlantic Capital Bancshares's expected growth come at a high price?
Raw Data
NasdaqGS:ACBI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17.37x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts		 6.6%per year
United States of America Banks Industry PEG Ratio Median Figure of 260 Publicly-Listed Banks Companies 1.21x
United States of America Market PEG Ratio Median Figure of 2,117 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

NasdaqGS:ACBI PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 17.37x ÷ 6.6%

 2.64x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Atlantic Capital Bancshares is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Atlantic Capital Bancshares's assets?
Raw Data
NasdaqGS:ACBI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $12.80
NasdaqGS:ACBI Share Price * NasdaqGS (2019-02-13) in USD $18.78
United States of America Banks Industry PB Ratio Median Figure of 586 Publicly-Listed Banks Companies 1.25x
United States of America Market PB Ratio Median Figure of 5,122 Publicly-Listed Companies 1.81x
NasdaqGS:ACBI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:ACBI Share Price ÷ Book Value per Share (both in USD)

= 18.78 ÷ 12.80

 1.47x

* Primary Listing of Atlantic Capital Bancshares.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Atlantic Capital Bancshares is overvalued based on assets compared to the US Banks industry average.
X
Value checks
We assess Atlantic Capital Bancshares's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
    5. Atlantic Capital Bancshares has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ACBI Future Performance

 How is Atlantic Capital Bancshares expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Atlantic Capital Bancshares expected to grow at an attractive rate?
  • Atlantic Capital Bancshares's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Atlantic Capital Bancshares's earnings growth is positive but not above the United States of America market average.
  • Atlantic Capital Bancshares's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:ACBI Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:ACBI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 6.6%
NasdaqGS:ACBI Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 6.7%
United States of America Banks Industry Earnings Growth Rate Market Cap Weighted Average 4.4%
United States of America Banks Industry Revenue Growth Rate Market Cap Weighted Average 5.4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:ACBI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:ACBI Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 127 1
2022-12-31 116 1
2021-12-31 106 1
2020-12-31 102 33 5
2019-12-31 107 43 5
NasdaqGS:ACBI Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 84 28
2018-09-30 101 94 4
2018-06-30 100 80 2
2018-03-31 96 85 -2
2017-12-31 94 85 -4
2017-09-30 91 87 13
2017-06-30 90 55 13
2017-03-31 94 113 14
2016-12-31 94 113 13
2016-09-30 85 117 4
2016-06-30 73 138 2
2016-03-31 57 55 -0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Atlantic Capital Bancshares's earnings are expected to grow by 6.6% yearly, however this is not considered high growth (20% yearly).
  • Atlantic Capital Bancshares's revenue is expected to grow by 6.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:ACBI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Atlantic Capital Bancshares Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:ACBI Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31 1.47 1.56 1.42 5.00
2019-12-31 1.81 2.38 1.10 5.00
NasdaqGS:ACBI Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 1.08
2018-09-30 0.17
2018-06-30 0.07
2018-03-31 -0.07
2017-12-31 -0.15
2017-09-30 0.52
2017-06-30 0.51
2017-03-31 0.55
2016-12-31 0.54
2016-09-30 0.15
2016-06-30 0.10
2016-03-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Atlantic Capital Bancshares is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Atlantic Capital Bancshares's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Atlantic Capital Bancshares has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ACBI Past Performance

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

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Atlantic Capital Bancshares's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Atlantic Capital Bancshares's year on year earnings growth rate has been positive over the past 5 years.
  • Atlantic Capital Bancshares has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Atlantic Capital Bancshares has become profitable in the last year making it difficult to compare the US Banks industry average.
Earnings and Revenue History
Atlantic Capital Bancshares's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Atlantic Capital Bancshares Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:ACBI Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 84.35 28.05 44.62
2018-09-30 101.39 4.37 61.06
2018-06-30 100.05 1.90 61.78
2018-03-31 96.33 -1.92 61.50
2017-12-31 94.08 -3.73 61.60
2017-09-30 91.22 13.22 60.85
2017-06-30 90.36 12.88 59.17
2017-03-31 93.88 13.69 58.55
2016-12-31 94.32 13.40 57.64
2016-09-30 84.62 3.63 55.37
2016-06-30 73.39 2.14 48.01
2016-03-31 57.38 -0.10 39.85
2015-12-31 45.41 -1.32 31.30
2015-09-30 42.98 8.99 24.60
2015-06-30 41.28 8.75 24.33
2015-03-31 38.46 7.18 23.98
2014-12-31 37.95 7.52 23.97
2013-12-31 32.55 5.14 22.22
2012-12-31 30.95 5.93 19.03

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Atlantic Capital Bancshares has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Atlantic Capital Bancshares used its assets less efficiently than the US Banks industry average last year based on Return on Assets.
  • Unable to establish if Atlantic Capital Bancshares improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Atlantic Capital Bancshares's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Atlantic Capital Bancshares has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ACBI Health

 How is Atlantic Capital Bancshares's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Atlantic Capital Bancshares's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Atlantic Capital Bancshares Company Filings, last reported 1 month ago.

NasdaqGS:ACBI Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 323.65 49.70 268.39
2018-09-30 320.24 150.12 194.16
2018-06-30 316.77 279.48 116.20
2018-03-31 307.06 287.79 115.06
2017-12-31 308.43 98.56 333.03
2017-09-30 324.75 178.68 85.24
2017-06-30 319.44 248.70 102.79
2017-03-31 310.97 270.05 217.98
2016-12-31 303.66 163.50 170.04
2016-09-30 308.46 233.77 159.07
2016-06-30 304.07 318.80 317.29
2016-03-31 296.02 133.15 174.47
2015-12-31 287.99 67.29 209.44
2015-09-30 149.81 94.65 164.19
2015-06-30 146.49 116.77 129.05
2015-03-31 144.16 81.68 111.84
2014-12-31 140.93 58.41 96.29
2013-12-31 131.24 10.37 227.64
2012-12-31
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Atlantic Capital Bancshares has an acceptable proportion of non-loan assets held.
  • Atlantic Capital Bancshares's liabilities are made up of primarily low risk sources of funding.
  • Loans at Atlantic Capital Bancshares are broadly funded by customer deposits.
  • Atlantic Capital Bancshares's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • Atlantic Capital Bancshares has a sufficient allowance for bad loans.
  • Atlantic Capital Bancshares has an acceptable level of bad loans (less than 2%).
Show me more healthy companies in the Banks industry
X
Financial health checks
We assess Atlantic Capital Bancshares's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
    7. Atlantic Capital Bancshares has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ACBI Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Atlantic Capital Bancshares dividends. Estimated to be 0.8% next year.
If you bought $2,000 of Atlantic Capital Bancshares shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Atlantic Capital Bancshares's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Atlantic Capital Bancshares's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:ACBI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
United States of America Banks Industry Average Dividend Yield Market Cap Weighted Average of 467 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1997 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:ACBI Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31 0.20 1.00
2019-12-31 0.10 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Atlantic Capital Bancshares has not reported any payouts.
  • Unable to verify if Atlantic Capital Bancshares's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Atlantic Capital Bancshares's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Atlantic Capital Bancshares has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Atlantic Capital Bancshares's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Atlantic Capital Bancshares's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Atlantic Capital Bancshares afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
    7. Atlantic Capital Bancshares has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ACBI Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Doug Williams
COMPENSATION $992,304
AGE 60
TENURE AS CEO 12.3 years
CEO Bio

Mr. Douglas L. Williams, also known as Doug, has been the Chief Executive Officer of Atlantic Capital Bancshares, Inc. (“Company”) since October 2006 and has been its President since December 22, 2017. Mr. Williams serves as the Chief Executive Officer at Atlantic Capital Bank, National Association (“Atlantic Capital”). He serves as Chief Executive Officer at Atlantic Capital since October 2006. Mr. Williams served as President of Company, Inc. since 2006 until October 31, 2015. He also serves as President of Atlantic Capital. He has over 38 years of experience in banking, finance, and capital markets, as well as extensive experience in Executive Management roles at publicly held banking institutions. From July 2003 to March 2006, Mr. Williams served as Managing Director and Head of the International Corporate Finance Group with responsibility for Wachovia's investment banking and corporate finance activities in Europe, Asia and Latin America. After the merger of Wachovia and First Union in 2001 and until July 2003, he served as an Executive Vice President and Head of the Global Corporate Banking Division. At Wachovia, Mr. Williams served as Chief Risk Officer for all corporate, institutional and wholesale banking activities since 2000 until the merger with First Union in late 2001. In that role, he managed over 100 risk management professionals charged with oversight of credit, market and operational risk in the corporate banking, international banking, capital markets, real estate finance, business banking, dealer finance and regional commercial banking lines of business. From 1999 to 2000, Mr. Williams served as an Executive Vice President and Co-Head of Wachovia's Capital Markets Division with direct management responsibility for the debt capital markets business. Mr. Williams served as Executive Vice President and Head of Wachovia's US Corporate Banking Division from 1997 to 1999. At Wachovia, he served as Senior Vice President and Group Executive since 1995 with responsibility for business in the Western and mid-Western states. He has been a Director of Company, since October 2006. He has been a Director at Atlantic Capital since October 2006. Mr. Williams has served on the Boards of the ABA Securities Association, The Visiting Nurse Association of Metropolitan Atlanta and the Global Business Roundtable at the Robinson College of Business at Georgia State University. He serves on the Boards of the Metro Atlanta YMCA and Whitefield Academy. Mr. Williams serves on the Boards of the Metro Atlanta Chamber of Commerce, the Georgia Chamber of Commerce, and the Good Samaritan Health Center. He was previously a Director of the High Museum of Art and is a Member of the Buckhead Coalition. He served as Chairman of the Community Depository Institutions Advisory Council (CDIAC) of the Federal Reserve Bank of Atlanta and its representative to the CDIAC of the Federal Reserve Board of Governors. Mr. Williams graduated with honors from Auburn University with a B.S. in Finance and has completed management development programs at the Colgate Darden School of Business at the University of Virginia and at the Fuqua School of Business at Duke University.

CEO Compensation
  • Doug's compensation has been consistent with company performance over the past year.
  • Doug's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Atlantic Capital Bancshares management team in years:

3.3
Average Tenure
53
Average Age
  • The tenure for the Atlantic Capital Bancshares management team is about average.
Management Team

Doug Williams

TITLE
President
COMPENSATION
$992K
AGE
60
TENURE
12.3 yrs

Patrick Oakes

TITLE
Executive VP
COMPENSATION
$570K
AGE
49
TENURE
3.3 yrs

Rich Oglesby

TITLE
Executive VP & General Banking Division Executive
COMPENSATION
$609K
AGE
53
TENURE
12.3 yrs

Mark Robertson

TITLE
Executive Vice President of Operations & Information Technology

Annette Rollins

TITLE
Executive VP & Chief Human Resources Officer
AGE
58

Pat Hickey

TITLE
Executive Vice President of Commercial Real Estate Finance
AGE
55

Kurt Shreiner

TITLE
Executive Vice President of Corporate Financial Services
AGE
53

Ken Deere

TITLE
Executive VP & Director of Corporate Banking
TENURE
3.2 yrs

Joe DiNicolantonio

TITLE
Executive Vice President of Tennessee & Northwest Georgia Banking
TENURE
1.8 yrs

Gray Fleming

TITLE
Executive VP & Chief Risk Officer
AGE
47
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the Atlantic Capital Bancshares board of directors in years:

5.6
Average Tenure
62.5
Average Age
  • The tenure for the Atlantic Capital Bancshares board of directors is about average.
Board of Directors

Sonny Deriso

TITLE
Non-Executive Chairman
COMPENSATION
$125K
AGE
71
TENURE
12.3 yrs

Doug Williams

TITLE
President
COMPENSATION
$992K
AGE
60
TENURE
12.3 yrs

Martie Zakas

TITLE
Director
COMPENSATION
$57K
AGE
59
TENURE
7.9 yrs

Doug Hertz

TITLE
Director
COMPENSATION
$56K
AGE
65
TENURE
7.9 yrs

Lizanne Thomas

TITLE
Director
COMPENSATION
$55K
AGE
60
TENURE
3.3 yrs

Charlie Shufeldt

TITLE
Lead Independent Director
COMPENSATION
$56K
AGE
67

Henchy Enden

TITLE
Director
COMPENSATION
$50K
AGE
46
TENURE
3.3 yrs

Larry Mauldin

TITLE
Director
COMPENSATION
$55K
AGE
72
TENURE
3.3 yrs

Jim Graves

TITLE
Director
COMPENSATION
$20K
AGE
69
TENURE
1.4 yrs

Shan Cooper

TITLE
Director
AGE
50
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
31. May 18 Sell James Graves Individual 30. May 18 30. May 18 -16,000 $20.93 $-334,910
X
Management checks
We assess Atlantic Capital Bancshares's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
    5. Atlantic Capital Bancshares has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ACBI News

Simply Wall St News

Why Atlantic Capital Bancshares, Inc.’s (NASDAQ:ACBI) Risk Control Makes It Attractive

As a small-cap bank with a market capitalisation of US$472m, Atlantic Capital Bancshares, Inc.’s (NASDAQ:ACBI) profit and value are directly affected by economic activity. … Risk associate with repayment is measured by the level of bad debt which is an expense written off Atlantic Capital Bancshares’s bottom line. … Looking through a risk-lens is a useful way to assess the attractiveness of Atlantic Capital Bancshares's a stock investment.

Simply Wall St - –

Does Market Volatility Impact Atlantic Capital Bancshares, Inc.'s (NASDAQ:ACBI) Share Price?

(NASDAQ:ACBI), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St - –

Is Now An Opportune Moment To Examine Atlantic Capital Bancshares, Inc. (NASDAQ:ACBI)?

Atlantic Capital Bancshares, Inc. … As a stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock? … Let’s examine Atlantic Capital Bancshares’s valuation and outlook in more detail to determine if there’s still a bargain opportunity

Simply Wall St - –

Did Atlantic Capital Bancshares, Inc. (NASDAQ:ACBI) Insiders Sell Shares?

The Last 12 Months Of Insider Transactions At Atlantic Capital Bancshares. … All up, insiders sold more shares in Atlantic Capital Bancshares than they bought, over the last year … It's not particularly great to see insiders were selling shares around current prices

Simply Wall St - –

Understated Factors To Consider Before Investing In Atlantic Capital Bancshares Inc (NASDAQ:ACBI)

Atlantic Capital Bancshares Inc’s (NASDAQ:ACBI) profitability and risk are largely affected by the underlying economic growth for the region it operates in US given it is a small-cap stock with a market capitalisation of US$481m. … Basel III target banking regulations to improve the sector’s ability to absorb shocks resulting from economic stress which may expose financial institutions like Atlantic Capital Bancshares to vulnerabilities. … Today we will be measuring Atlantic Capital Bancshares’s financial risk position by looking at three leverage and liquidity metrics.

Simply Wall St - –

Is Atlantic Capital Bancshares Inc's (NASDAQ:ACBI) High P/E Ratio A Problem For Investors?

To keep it practical, we'll show how Atlantic Capital Bancshares Inc's (NASDAQ:ACBI) P/E ratio could help you assess the value on offer. … Based on the last twelve months, Atlantic Capital Bancshares's P/E ratio is 90.54. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St - –

Why Atlantic Capital Bancshares Inc’s (NASDAQ:ACBI) Risk Control Makes It Attractive

As a small-cap bank with a market capitalisation of US$468.53m, Atlantic Capital Bancshares Inc’s (NASDAQ:ACBI) profit and value are directly affected by economic activity. … Risk associate with repayment is measured by the level of bad debt which is an expense written off Atlantic Capital Bancshares’s bottom line. … Today we will analyse Atlantic Capital Bancshares’s level of bad debt and liabilities in order to understand the risk involved with investing in the bank.

Simply Wall St - –

Is Atlantic Capital Bancshares Inc's (NASDAQ:ACBI) CEO Overpaid Relative To Its Peers?

Doug Williams is the CEO of Atlantic Capital Bancshares Inc (NASDAQ:ACBI), which has recently grown to a market capitalization of US$511.63m. … Recognizing whether CEO incentives are aligned with shareholders is a crucial part of investing. … Incentives can be in the form of compensation, which should always be structured in a way that promotes value-creation to shareholders.

Simply Wall St - –

At US$021.2, Is Atlantic Capital Bancshares Inc (NASDAQ:ACBI) A Buy?

Atlantic Capital Bancshares Inc (NASDAQ:ACBI), operating in the financial services industry based in United States,. … With many analysts covering the stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price? … Today I will analyse the most recent data on Atlantic Capital Bancshares’s outlook and valuation to see if the opportunity still exists

Simply Wall St - –

Is There Now An Opportunity In Atlantic Capital Bancshares Inc (NASDAQ:ACBI)?

Atlantic Capital Bancshares Inc (NASDAQ:ACBI), operating in the financial services industry based in United States, saw a decent share price growth in the teens level on the NasdaqGS over the last few months. … I find that Atlantic Capital Bancshares’s ratio of 1.6x is trading slightly above its industry peers’ ratio of 1.38x, which means if you buy Atlantic Capital Bancshares today, you’d be paying a relatively reasonable price for it. … And if you believe Atlantic Capital Bancshares should be trading in this range, then there isn’t really any room for the share price grow beyond what it’s currently trading.

Simply Wall St - –

ACBI Company Info

Map
Description

Atlantic Capital Bancshares, Inc. operates as the holding company for Atlantic Capital Bank, N.A. that provides commercial banking products and services in the United States. The company offers NOW, money market, savings, checking, time, Internet and brokered, and demand deposits; working capital and equipment loans, loans supported by owner-occupied real estate, revolving lines of credit, term loans, letters of credit, installment and term loans, and home equity lines of credit; residential mortgage loans; and commercial real estate loans, including secured construction loans, secured mini-permanent loans, and secured or unsecured lines of credit. It also provides trust and wealth management, treasury management, and depository services; electronic payment services to payroll companies and other high transaction volume clients; capital market services; small business administration and franchise program loans; and online and mobile banking services. The company serves corporate and business clients in various industry sectors, such as industrial and manufacturing, financial services, business services, not-for-profit, consumer service, and retail; and public real estate investment trusts, corporate and commercial real estate clients, and other private clients. It operates through 15 branches located primarily in the metropolitan areas of Atlanta, Georgia; and Chattanooga and Knoxville, Tennessee. The company was founded in 2006 and is headquartered in Atlanta, Georgia.

Details
Name: Atlantic Capital Bancshares, Inc.
ACBI
Exchange: NasdaqGS
Founded: 2006
$474,954,068
25,290,419
Website: http://www.atlanticcapitalbank.com
Address: Atlantic Capital Bancshares, Inc.
3280 Peachtree Road NE,
Suite 1600,
Atlanta,
Georgia, 30305,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS ACBI Common Shares Nasdaq Global Select US USD 03. Nov 2015
Number of employees
Current staff
Staff numbers
334
Atlantic Capital Bancshares employees.
Industry
Regional Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/14 01:08
End of day share price update: 2019/02/13 00:00
Last estimates confirmation: 2019/02/04
Last earnings filing: 2019/01/31
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.

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