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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 0.49
ABCB's Cash to Debt is ranked higher than
65% of the 1264 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.39 vs. ABCB: 0.49 )
ABCB' s 10-Year Cash to Debt Range
Min: 0.27   Max: No Debt
Current: 0.49

Equity to Asset 0.09
ABCB's Equity to Asset is ranked higher than
68% of the 1650 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 1502 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.25 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: 5
Z-Score: 0.21
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 (%) 18.01
ABCB's Operating margin (%) is ranked higher than
58% of the 1643 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 29.41 vs. ABCB: 18.01 )
ABCB' s 10-Year Operating margin (%) Range
Min: -26.06   Max: 37.27
Current: 18.01

-26.06
37.27
Net-margin (%) 12.30
ABCB's Net-margin (%) is ranked higher than
57% of the 1662 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 21.70 vs. ABCB: 12.30 )
ABCB' s 10-Year Net-margin (%) Range
Min: -31.57   Max: 24.8
Current: 12.3

-31.57
24.8
ROE (%) 6.32
ABCB's ROE (%) is ranked higher than
68% of the 1665 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 8.16 vs. ABCB: 6.32 )
ABCB' s 10-Year ROE (%) Range
Min: -21.43   Max: 18.88
Current: 6.32

-21.43
18.88
ROA (%) 0.55
ABCB's ROA (%) is ranked higher than
64% of the 1665 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.74 vs. ABCB: 0.55 )
ABCB' s 10-Year ROA (%) Range
Min: -1.72   Max: 1.87
Current: 0.55

-1.72
1.87
ROC (Joel Greenblatt) (%) 28.40
ABCB's ROC (Joel Greenblatt) (%) is ranked higher than
59% of the 1615 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 73.31 vs. ABCB: 28.40 )
ABCB' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -51   Max: 133.33
Current: 28.4

-51
133.33
Revenue Growth (%) 5.50
ABCB's Revenue Growth (%) is ranked higher than
87% of the 1447 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

Q3 2013

ABCB Guru Trades in Q3 2013

Jim Simons 49,800 sh (+30.71%)
Bernard Horn 185,050 sh (unchged)
» More
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
» 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%)



No Insider Trades Found!
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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) 25.40
ABCB's P/E(ttm) is ranked higher than
60% of the 1832 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 15.10 vs. ABCB: 25.40 )
ABCB' s 10-Year P/E(ttm) Range
Min: 9.99   Max: 220
Current: 25.4

9.99
220
P/B 1.75
ABCB's P/B is ranked higher than
58% of the 1832 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.21 vs. ABCB: 1.75 )
ABCB' s 10-Year P/B Range
Min: 0.29   Max: 2.32
Current: 1.75

0.29
2.32
P/S 3.32
ABCB's P/S is ranked higher than
69% of the 1832 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.12 vs. ABCB: 3.32 )
ABCB' s 10-Year P/S Range
Min: 0.59   Max: 5.56
Current: 3.32

0.59
5.56
PFCF 16.55
ABCB's PFCF is ranked higher than
69% of the 1832 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 22.43 vs. ABCB: 16.55 )
ABCB' s 10-Year PFCF Range
Min: 2.56   Max: 52.54
Current: 16.55

2.56
52.54
EV-to-EBIT 17.91
ABCB's EV-to-EBIT is ranked higher than
70% of the 1832 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 17.88 vs. ABCB: 17.91 )
ABCB' s 10-Year EV-to-EBIT Range
Min: 1   Max: 25
Current: 17.91

1
25

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 0.20
ABCB's Dividend Yield is ranked lower than
94% of the 1413 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.43 vs. ABCB: 0.20 )
ABCB' s 10-Year Dividend Yield Range
Min: 0.21   Max: 7.65
Current: 0.2

0.21
7.65
Dividend Payout 0.05
ABCB's Dividend Payout is ranked higher than
99% of the 1832 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.48 vs. ABCB: 0.05 )
ABCB' s 10-Year Dividend Payout Range
Min: 0.16   Max: 4.25
Current: 0.05

0.16
4.25
Yield on cost (5-Year) 0.20
ABCB's Yield on cost (5-Year) is ranked lower than
93% of the 1426 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.67 vs. ABCB: 0.20 )
ABCB' s 10-Year Yield on cost (5-Year) Range
Min: 1.96   Max: 7.65
Current: 0.2

1.96
7.65
Share Buyback Rate -3.70
ABCB's Share Buyback Rate is ranked higher than
66% of the 1239 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: -20.2
Current: -3.7

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 2.19
ABCB's Price/Tangible Book is ranked higher than
59% of the 1832 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.43 vs. ABCB: 2.19 )
ABCB' s 10-Year Price/Tangible Book Range
Min: 0.49   Max: 4.81
Current: 2.19

0.49
4.81
Price/DCF (Projected) 1.16
ABCB's Price/DCF (Projected) is ranked higher than
74% of the 1832 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.45 vs. ABCB: 1.16 )
ABCB' s 10-Year Price/DCF (Projected) Range
Min: 0.16   Max: 1.11
Current: 1.16

0.16
1.11
Price/Median PS Value 1.36
ABCB's Price/Median PS Value is ranked higher than
59% of the 1832 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.13 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 1.53
ABCB's Price/Graham Number is ranked higher than
61% of the 1832 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.10 vs. ABCB: 1.53 )
ABCB' s 10-Year Price/Graham Number Range
Min: 0.55   Max: 2.35
Current: 1.53

0.55
2.35
Earnings Yield (Greenblatt) 5.60
ABCB's Earnings Yield (Greenblatt) is ranked higher than
64% of the 1605 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.90 vs. ABCB: 5.60 )
ABCB' s 10-Year Earnings Yield (Greenblatt) Range
Min: 4   Max: 102.4
Current: 5.6

4
102.4
Forward Rate of Return (Yacktman) 4.26
ABCB's Forward Rate of Return (Yacktman) is ranked higher than
59% of the 1309 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 14.88 vs. ABCB: 4.26 )
ABCB' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 5.1   Max: 25.9
Current: 4.26

5.1
25.9

Business Description

Industry: Banks » Banks - Regional - US
Compare:MTB, USB, PNC, PB, CFR » details
Ameris Bancorp is a financial holding company whose business is conducted mainly through its wholly-owned banking subsidiary, Ameris Bank, which provides a full range of banking services to its retail and commercial customers located mainly in the Southern United States. It maintains a loan portfolio by providing a range of commercial and retail lending services to business entities and individuals. The company 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. Commercial loans are generally extended for acquisition, development or construction of commercial properties. It originates adjustable and fixed-rate residential mortgage loans as part of its Residential Real Estate Mortgage Loans business. Some of these loans will be placed in the company's loan portfolio. However, a majority is sold to the secondary mortgage market. The residential real estate mortgage loans that are included in the company's loan portfolio are usually owner-occupied and generally amortized over a 10 to 20 year period with three to five year maturity or repricing. Its agricultural loans are extended to finance crop production and for the purchase of farm-related equipment or farmland and the operations of dairies and poultry producers. Agricultural loans typically involve seasonal balance fluctuations. Although the company typically looks to an agricultural borrower's cash flow as the principal source of repayment, agricultural loans are also generally secured by a security interest in the crops or the farm-related equipment and, in some cases, an assignment of crop insurance and mortgage on real estate. General commercial and industrial loans consist of loans made primarily to manufacturers, wholesalers and retailers of goods, service companies and other industries. These loans are made for acquisition, expansion and working capital purposes and might be secured by real estate, accounts receivable, inventory, equipment, personal guarantees or other assets. The company's consumer loans include motor vehicle, home improvement, home equity, student and signature loans and small personal credit lines.
» More Articles for ABCB

Headlines

Articles On GuruFocus.com
Global Guru Bernard Horn Reports his Top Five from the Second Quarter Aug 22 2014 
Bernard Horn Comments on Ameris Bancorp Aug 07 2014 
International Guru Bernard Horn Reports His Top Five in the First Quarter May 07 2014 
Ameris Bancorp Reports Operating Results (10-K) Mar 16 2011 
Ameris Bancorp Reports Operating Results (10-Q) Nov 08 2010 
Ameris Bancorp Reports Operating Results (10-Q) Aug 09 2010 
Ameris Bancorp Reports Operating Results (10-Q) May 10 2010 
Ameris Bancorp (ABCB) CFO Dennis J Jr Zember buys 10,000 Shares Apr 21 2010 
Ameris Bancorp (ABCB) CFO Dennis J Jr Zember buys 10,700 Shares Nov 24 2009 
Weekly Top Insider Buys: First Horizon National Corp., Wachovia Corp., Gateway Financial Holdings In Oct 30 2007 

More From Other Websites
AMERIS BANCORP Financials Aug 15 2014
AMERIS BANCORP Files SEC form 10-Q, Quarterly Report Aug 08 2014
AMERIS BANCORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits Jul 29 2014
Ameris Bancorp Reports Operating Net Income Of $10.0 Million, Or $0.40 Per Diluted Share, For Second... Jul 22 2014
AMERIS BANCORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial... Jul 22 2014
Ameris Bancorp Reports Operating Net Income Of $10.0 Million, Or $0.40 Per Diluted Share, For Second... Jul 22 2014
AMERIS BANCORP Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Creation of a... Jul 01 2014
AMERIS BANCORP Files SEC form 8-K, Other Events Jun 25 2014
AMERIS BANCORP Files SEC form 8-K, Other Events Jun 12 2014
AMERIS BANCORP Files SEC form 8-K, Changes in Registrant's Certifying Accountant, Financial... Jun 04 2014
AMERIS BANCORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders Jun 02 2014
Ameris Bancorp: A Crisis Is A Terrible Thing To Waste May 30 2014
AMERIS BANCORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits May 21 2014
SunTrust to hold a conference May 20 2014
Ameris Bancorp Upped to Strong Buy May 12 2014
AMERIS BANCORP Files SEC form 10-Q, Quarterly Report May 09 2014
Why You Shouldn't Bet Against Ameris Bancorp (ABCB) Stock May 06 2014
AMERIS BANCORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial... Apr 22 2014
Ameris Bancorp Reports Net Income Of $8.4 Million For First Quarter 2014 Apr 22 2014
Regional, Thrift Banks Are Seen Picking Up M&A Deals Mar 31 2014

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