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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry
vs
history
Cash to Debt 0.33
ABCB's Cash to Debt is ranked higher than
61% of the 1551 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.48 vs. ABCB: 0.33 )
ABCB' s 10-Year Cash to Debt Range
Min: 0.27   Max: No Debt
Current: 0.33

Equity to Asset 0.09
ABCB's Equity to Asset is ranked higher than
67% of the 1996 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.09 vs. ABCB: 0.09 )
ABCB' s 10-Year Equity to Asset Range
Min: 0.08   Max: 0.13
Current: 0.09

0.08
0.13
Interest Coverage 2.89
ABCB's Interest Coverage is ranked higher than
82% of the 1825 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.27 vs. ABCB: 2.89 )
ABCB' s 10-Year Interest Coverage Range
Min: 0.32   Max: 2.89
Current: 2.89

0.32
2.89
F-Score: 4
Z-Score: 0.25
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating margin (%) 21.91
ABCB's Operating margin (%) is ranked higher than
64% of the 2006 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 29.16 vs. ABCB: 21.91 )
ABCB' s 10-Year Operating margin (%) Range
Min: -26.06   Max: 37.27
Current: 21.91

-26.06
37.27
Net-margin (%) 15.07
ABCB's Net-margin (%) is ranked higher than
63% of the 2006 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 21.42 vs. ABCB: 15.07 )
ABCB' s 10-Year Net-margin (%) Range
Min: -31.57   Max: 24.8
Current: 15.07

-31.57
24.8
ROE (%) 9.20
ABCB's ROE (%) is ranked higher than
78% of the 2016 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 8.57 vs. ABCB: 9.20 )
ABCB' s 10-Year ROE (%) Range
Min: -19.24   Max: 19.88
Current: 9.2

-19.24
19.88
ROA (%) 0.82
ABCB's ROA (%) is ranked higher than
74% of the 2019 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.80 vs. ABCB: 0.82 )
ABCB' s 10-Year ROA (%) Range
Min: -1.73   Max: 2.02
Current: 0.82

-1.73
2.02
ROC (Joel Greenblatt) (%) 47.22
ABCB's ROC (Joel Greenblatt) (%) is ranked higher than
66% of the 1989 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 76.96 vs. ABCB: 47.22 )
ABCB' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -51.58   Max: 266.67
Current: 47.22

-51.58
266.67
Revenue Growth (%) 5.50
ABCB's Revenue Growth (%) is ranked higher than
87% of the 1727 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.00 vs. ABCB: 5.50 )
ABCB' s 10-Year Revenue Growth (%) Range
Min: -9.2   Max: 13.5
Current: 5.5

-9.2
13.5
» ABCB's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q4 2013

ABCB Guru Trades in Q4 2013

Jim Simons 119,570 sh (+140.1%)
Bernard Horn 185,050 sh (unchged)
» More
Q1 2014

ABCB Guru Trades in Q1 2014

Jim Simons 160,567 sh (+34.29%)
Bernard Horn 185,050 sh (unchged)
» More
Q2 2014

ABCB Guru Trades in Q2 2014

Jim Simons 211,274 sh (+31.58%)
Bernard Horn 185,050 sh (unchged)
» More
Q3 2014

ABCB Guru Trades in Q3 2014

Jim Simons 291,678 sh (+38.06%)
Bernard Horn 185,050 sh (unchged)
» More
» Details

Insider Trades

Latest Guru Trades with ABCB

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Ken Fisher 2012-03-31 Sold Out $10.34 - $13.42 $ 25.3138%0
Ken Fisher 2011-12-31 New Buy$8.55 - $10.66 $ 25.3156%11528
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Guru Investment Theses on Ameris Bancorp

Bernard Horn Comments on Ameris Bancorp - Aug 07, 2014

Similar to IBOC, Ameris Bancorp (ABCB) reported improved net income, higher interest margins and additional revenues from the acquisition of The Prosperity Banking Co. The company also reinstituted the dividend that they eliminated during the 2008- 2009 credit crisis, repaid TARP and completed another acquisition. Yet, the stock price dropped more than 7%; we can’t ascertain any fundamental reason for the decline.

From Bernard Horn (Trades, Portfolio)’s Polaris Global Value Fund Second Quarter 2014 Shareholder Letter.

Check out Bernard Horn latest stock trades

Top Ranked Articles about Ameris Bancorp

Global Guru Bernard Horn Reports his Top Five from the Second Quarter
Guru Bernard Horn (Trades, Portfolio) of the Polaris Global Value Fund reported his second quarter holdings earlier this week. The guru focuses his investments on two philosophies – that the country and industry factors are important determinants of security prices, and that global market fluctuations produce mispriced stocks. Read more...
Bernard Horn Comments on Ameris Bancorp
Similar to IBOC, Ameris Bancorp (ABCB) reported improved net income, higher interest margins and additional revenues from the acquisition of The Prosperity Banking Co. The company also reinstituted the dividend that they eliminated during the 2008- 2009 credit crisis, repaid TARP and completed another acquisition. Yet, the stock price dropped more than 7%; we can’t ascertain any fundamental reason for the decline. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 22.80
ABCB's P/E(ttm) is ranked higher than
69% of the 2626 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 17.50 vs. ABCB: 22.80 )
ABCB' s 10-Year P/E(ttm) Range
Min: 9.99   Max: 220
Current: 22.8

9.99
220
P/B 1.91
ABCB's P/B is ranked higher than
64% of the 2626 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.34 vs. ABCB: 1.91 )
ABCB' s 10-Year P/B Range
Min: 0.29   Max: 2.32
Current: 1.91

0.29
2.32
P/S 3.34
ABCB's P/S is ranked higher than
75% of the 2626 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.61 vs. ABCB: 3.34 )
ABCB' s 10-Year P/S Range
Min: 0.59   Max: 5.56
Current: 3.34

0.59
5.56
PFCF 110.00
ABCB's PFCF is ranked higher than
78% of the 2626 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 9999.00 vs. ABCB: 110.00 )
ABCB' s 10-Year PFCF Range
Min: 3.4   Max: 111.74
Current: 110

3.4
111.74
EV-to-EBIT 19.93
ABCB's EV-to-EBIT is ranked higher than
71% of the 2626 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 19.80 vs. ABCB: 19.93 )
ABCB' s 10-Year EV-to-EBIT Range
Min: -94.2   Max: 25
Current: 19.93

-94.2
25

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 0.40
ABCB's Dividend Yield is ranked lower than
93% of the 1871 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.25 vs. ABCB: 0.40 )
ABCB' s 10-Year Dividend Yield Range
Min: 0.21   Max: 7.65
Current: 0.4

0.21
7.65
Dividend Payout 0.09
ABCB's Dividend Payout is ranked higher than
97% of the 2626 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.60 vs. ABCB: 0.09 )
ABCB' s 10-Year Dividend Payout Range
Min: 0.12   Max: 4.25
Current: 0.09

0.12
4.25
Yield on cost (5-Year) 0.40
ABCB's Yield on cost (5-Year) is ranked lower than
90% of the 1883 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.50 vs. ABCB: 0.40 )
ABCB' s 10-Year Yield on cost (5-Year) Range
Min: 0.21   Max: 7.65
Current: 0.4

0.21
7.65
Share Buyback Rate -3.70
ABCB's Share Buyback Rate is ranked higher than
67% of the 1472 Companies
in the Global Banks - Regional - US industry.

( Industry Median: -1.90 vs. ABCB: -3.70 )
ABCB' s 10-Year Share Buyback Rate Range
Min: 0.9   Max: -25.3
Current: -3.7

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 2.36
ABCB's Price/Tangible Book is ranked higher than
65% of the 2626 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.62 vs. ABCB: 2.36 )
ABCB' s 10-Year Price/Tangible Book Range
Min: 0.49   Max: 4.81
Current: 2.36

0.49
4.81
Price/DCF (Projected) 1.40
ABCB's Price/DCF (Projected) is ranked higher than
75% of the 2626 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 5.54 vs. ABCB: 1.40 )
ABCB' s 10-Year Price/DCF (Projected) Range
Min: 0.18   Max: 1.22
Current: 1.4

0.18
1.22
Price/Median PS Value 1.36
ABCB's Price/Median PS Value is ranked higher than
69% of the 2626 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.25 vs. ABCB: 1.36 )
ABCB' s 10-Year Price/Median PS Value Range
Min: 0.29   Max: 2.81
Current: 1.36

0.29
2.81
Price/Graham Number 1.55
ABCB's Price/Graham Number is ranked higher than
68% of the 2626 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.19 vs. ABCB: 1.55 )
ABCB' s 10-Year Price/Graham Number Range
Min: 0.55   Max: 2.35
Current: 1.55

0.55
2.35
Earnings Yield (Greenblatt) 5.00
ABCB's Earnings Yield (Greenblatt) is ranked higher than
67% of the 1973 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.60 vs. ABCB: 5.00 )
ABCB' s 10-Year Earnings Yield (Greenblatt) Range
Min: 4   Max: 2929.2
Current: 5

4
2929.2
Forward Rate of Return (Yacktman) 4.02
ABCB's Forward Rate of Return (Yacktman) is ranked higher than
58% of the 1512 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 13.69 vs. ABCB: 4.02 )
ABCB' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 4.7   Max: 36.8
Current: 4.02

4.7
36.8

Business Description

Industry: Banks » Banks - Regional - US
Compare:MTB, USB, PNC, PB, CFR » details
Ameris Bancorp was incorporated on December 18, 1980. The Company is a financial holding company whose business is conducted primarily through its wholly owned banking subsidiary, Ameris Bank (the "Bank"), which provides a full range of banking services to its retail and commercial customers who are primarily concentrated in select markets in Georgia, Alabama, Florida and South Carolina. The Company maintains a diversified loan portfolio by providing a broad range of commercial and retail lending services to business entities and individuals. It provides agricultural loans, commercial business loans, commercial and residential real estate construction and mortgage loans, consumer loans, revolving lines of credit and letters of credit. The Company also originates first mortgage residential mortgage loans and generally enters into a commitment to sell these loans in the secondary market. The Company provides a full range of deposit accounts and services to both retail and commercial customers. These deposit accounts have a variety of interest rates and terms and consist of interest-bearing and noninterest-bearing accounts, including commercial and retail checking accounts, regular interest-bearing savings accounts, money market accounts, individual retirement accounts and certificates of deposit. The Company and the Bank are subject to the regulations of certain federal and state agencies and are periodically examined by those regulatory agencies.

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