Core Insights - Ameris Bancorp (ABCB) is expected to report quarterly earnings of $1.26 per share, reflecting an 8.6% increase year-over-year [1] - Revenue forecasts stand at $290.6 million, indicating a 7.3% year-over-year growth [1] - The consensus EPS estimate has been revised down by 0.5% in the last 30 days, highlighting analysts' reassessment of initial projections [1] Financial Metrics - The consensus estimate for 'Net Interest Margin (TE)' is 3.6%, up from 3.5% in the same quarter last year [2] - Analysts project the 'Efficiency Ratio' to be 52.2%, consistent with the previous year's figure [2] - 'Average Balances - Total Earning Assets' are expected to reach $24.52 billion, compared to $23.56 billion a year ago [2] Income Projections - Estimated 'Net Interest Income (TE)' is $217.70 million, up from $208.70 million in the same quarter last year [3] - 'Total Non-Interest Income' is projected to be $72.90 million, compared to $63.18 million a year ago [3] - 'Net Interest Income' is expected to be $218.00 million, an increase from $207.75 million in the same quarter last year [3] Stock Performance - Ameris Bancorp shares have returned +0.9% over the past month, while the Zacks S&P 500 composite has increased by +2.7% [3] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market [3]

Core Viewpoint - Ameris Bancorp (ABCB) is well-positioned to continue its earnings-beat streak in the upcoming report, supported by a strong earnings history and positive analyst sentiment [1][2]. Earnings Performance - The company has a record of exceeding earnings estimates, with an average surprise of 2.76% over the last two quarters [1]. - For the last reported quarter, Ameris Bancorp achieved earnings of $1.17 per share, surpassing the Zacks Consensus Estimate of $1.15 per share, resulting in a surprise of 1.74% [1]. - In the previous quarter, the company reported earnings of $1.10 per share against an expected $1.06 per share, delivering a surprise of 3.77% [1]. Analyst Estimates - Recent estimates for Ameris Bancorp have been trending upward, indicating bullish sentiment among analysts [2]. - The Zacks Earnings ESP for the company is currently +6.14%, suggesting a strong likelihood of an earnings beat [3]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [2]. Upcoming Earnings Report - The next earnings report for Ameris Bancorp is expected to be released on October 24, 2024 [3].

Core Viewpoint - Ameris Bancorp plans to release its third quarter 2024 financial results on October 24, 2024, with a teleconference scheduled for October 25, 2024, to discuss the results and answer questions [1]. Group 1 - The financial results will be announced after market close on October 24, 2024 [1]. - The teleconference will be hosted by key executives including the CEO, CFO, and Chief Credit Officer at 9:00 a.m. Eastern time on October 25, 2024 [1]. - The conference call can be accessed by dialing 1-844-481-2939, and a replay will be available until November 1, 2024 [2]. Group 2 - Ameris Bancorp is the parent company of Ameris Bank, which operates 164 financial centers across the Southeast and serves customers nationwide [3]. - As of June 30, 2024, Ameris Bancorp manages $26.5 billion in assets and offers a full range of banking and lending products [3]. - The company provides services including treasury and cash management, insurance premium financing, and mortgage and refinancing services [3].

For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Ameris Bancorp (ABCB) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.Ameris Bancorp is one of 859 companies in the Finance group. The Finance group currently sits at #3 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength o ...

ATLANTA, Sept. 19, 2024 /PRNewswire/ -- The board of directors of Ameris Bancorp (NYSE: ABCB) (the "Company") has declared a dividend of $0.15 per share of the Company's common stock, payable on October 7, 2024, to shareholders of record as of September 30, 2024.About Ameris BancorpAmeris Bancorp is the parent of Ameris Bank, a state-chartered bank headquartered in Atlanta, Georgia.  Ameris operates 164 financial centers across the Southeast and also serves consumer and business customers nationwide through ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Ameris Bancorp (ABCB) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.Ameris Bancorp is a member of the Finance sector. This group includes 860 individual stocks and currently holds a Zacks Sector Rank of #1. The Zacks Sector Rank considers 16 differ ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

ATLANTA, Aug. 21, 2024 /PRNewswire/ -- Ameris Bank recently welcomed two commercial banking industry veterans to its well-established team. Bill Kilburg joins Ameris as senior vice president, relationship manager and Patrick Murphy will serve as senior vice president, government relationship manager.Bill KilburgPatrick MurphyBased in Metro Atlanta, Kilburg brings more than 25 years' experience in the financial services industry. He spent the last 20 years in commercial banking with BB&T (now Truist), in rol ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-13901 AMERIS BANCORP (Exact name of registrant as specified in its charter) Georgia 58-1456434 (State of incorporation) (IRS Employer ID No.) 3490 Piedmont Rd N.E ...