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15.85 (1y: +41%)
Market Cap 378.2 M P/E(ttm) 34.70
Enterprise Value 462.56 M P/B 1.40
ABCB- NAS (USA)
Ameris Bancorp
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$15.85
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GuruFocus Financial Strength Rank measures how strong a companyย’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 : 6/10

vs
industry		 vs
history
Cash to Debt 6.481
ABCB's Cash to Debt is ranked higher than
67% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.85 vs. ABCB: 6.481 )
ABCB' s 10-Year Cash to Debt Range
Min: 0.54   Max: 6.48
Current: 6.48
0.54
6.48
Equity to Asset 0.091
ABCB's Equity to Asset is ranked higher than
64% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.09 vs. ABCB: 0.091 )
ABCB' s 10-Year Equity to Asset Range
Min: 0.06   Max: 0.1
Current: 0.09
0.06
0.1
Interest Coverage No Debt
ABCB's Interest Coverage is ranked lower than
93% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 10000.00 vs. ABCB: No Debt )
ABCB' s 10-Year Interest Coverage Range
Min: No Debt   Max: No Debt
Current: No Debt
F-Score: 5
Z-Score: 0.34
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’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.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

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 : 6/10

vs
industry		 vs
history
Operating margin (%) 12.60
ABCB's Operating margin (%) is ranked lower than
71% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 25.80 vs. ABCB: 12.60 )
ABCB' s 10-Year Operating margin (%) Range
Min: -26.1   Max: 37.3
Current: 12.6
-26.1
37.3
Net-margin (%) 8.4
ABCB's Net-margin (%) is ranked lower than
79% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 18.10 vs. ABCB: 8.4 )
ABCB' s 10-Year Net-margin (%) Range
Min: -31.6   Max: 24.8
Current: 8.4
-31.6
24.8
ROE (%) 5.2
ABCB's ROE (%) is ranked lower than
76% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.80 vs. ABCB: 5.2 )
ABCB' s 10-Year ROE (%) Range
Min: -21.4   Max: 12.5
Current: 5.2
-21.4
12.5
ROA (%) 0.5
ABCB's ROA (%) is ranked lower than
72% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.80 vs. ABCB: 0.5 )
ABCB' s 10-Year ROA (%) Range
Min: -1.7   Max: 1.2
Current: 0.5
-1.7
1.2
Revenue Growth (%) -6.7
ABCB's Revenue Growth (%) is ranked higher than
64% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.70 vs. ABCB: -6.7 )
ABCB' s 10-Year Revenue Growth (%) Range
Min: -6.7   Max: 9.6
Current: -6.7
-6.7
9.6
ยป ABCB's 10-Y Financials

Financials


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

» Details

Guru Trades
Q2 2012

ABCB Guru Trades in Q2 2012

Bernard Horn 262,650 sh (unchged)
» More
Q3 2012

ABCB Guru Trades in Q3 2012

Bernard Horn 262,650 sh (unchged)
» More
Q4 2012

ABCB Guru Trades in Q4 2012

Bernard Horn 185,050 sh (-29.55%)
» More
Q1 2013

ABCB Guru Trades in Q1 2013

Jim Simons 23,800 sh (New)
Bernard Horn 185,050 sh (unchged)
» More
» Details

Insider Trades

Latest Guru Trades with ABCB



No Insider Trades Found!

Ratios

vs
industry		 vs
history
P/E(ttm) 34.70
ABCB's P/E(ttm) is ranked lower than
70% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 13.43 vs. ABCB: 34.70 )
ABCB' s 10-Year P/E(ttm) Range
Min: 6.93   Max: 220
Current: 34.7
6.93
220
P/B 1.40
ABCB's P/B is ranked lower than
67% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.90 vs. ABCB: 1.40 )
ABCB' s 10-Year P/B Range
Min: 0.23   Max: 2.31
Current: 1.4
0.23
2.31
P/S 2.40
ABCB's P/S is ranked higher than
58% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.20 vs. ABCB: 2.40 )
ABCB' s 10-Year P/S Range
Min: 0.59   Max: 4.49
Current: 2.4
0.59
4.49
PFCF 8.40
ABCB's PFCF is ranked lower than
65% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.70 vs. ABCB: 8.40 )
ABCB' s 10-Year PFCF Range
Min: 1.72   Max: 18.88
Current: 8.4
1.72
18.88
EV-to-EBIT 20.8
ABCB's EV-to-EBIT is ranked lower than
51% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 16.90 vs. ABCB: 20.8 )
ABCB' s 10-Year EV-to-EBIT Range
Min: 1   Max: 25
Current: 20.8
1
25
Shiller P/E 452.3
ABCB's Shiller P/E is ranked lower than
87% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 14.60 vs. ABCB: 452.3 )
ABCB' s 10-Year Shiller P/E Range
Min: 4.06   Max: 549
Current: 452.3
4.06
549

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 23.8
ABCB's Price/Net Current Asset Value is ranked lower than
90% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 11.70 vs. ABCB: 23.8 )
ABCB' s 10-Year Price/Net Current Asset Value Range
Min: 3   Max: 18.1
Current: 23.8
3
18.1
Price/Tangible Book 1.4
ABCB's Price/Tangible Book is ranked higher than
62% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.00 vs. ABCB: 1.4 )
ABCB' s 10-Year Price/Tangible Book Range
Min: 0.5   Max: 3.1
Current: 1.4
0.5
3.1
Price/DCF (Projected) 0.8
ABCB's Price/DCF (Projected) is ranked higher than
79% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.50 vs. ABCB: 0.8 )
ABCB' s 10-Year Price/DCF (Projected) Range
Min: 0.2   Max: 1
Current: 0.8
0.2
1
Price/Median PS Value 1.2
ABCB's Price/Median PS Value is ranked higher than
61% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.80 vs. ABCB: 1.2 )
ABCB' s 10-Year Price/Median PS Value Range
Min: 0.3   Max: 1.9
Current: 1.2
0.3
1.9
Price/Graham Number 1.3
ABCB's Price/Graham Number is ranked higher than
94% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.80 vs. ABCB: 1.3 )
ABCB' s 10-Year Price/Graham Number Range
Min: 0.6   Max: 1.5
Current: 1.3
0.6
1.5
Earnings Yield (Greenblatt) 4.80
ABCB's Earnings Yield (Greenblatt) is ranked higher than
59% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 5.80 vs. ABCB: 4.80 )
ABCB' s 10-Year Earnings Yield (Greenblatt) Range
Min: 4   Max: 102.4
Current: 4.8
4
102.4
Forward Rate of Return (Yacktman) 9.03
ABCB's Forward Rate of Return (Yacktman) is ranked higher than
65% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 15.01 vs. ABCB: 9.03 )
ABCB' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 10.3   Max: 26.2
Current: 9.03
10.3
26.2

Business Description

Ameris Bancorp is a financial holding company whose business is conducted primarily through its wholly-owned banking subsidiary, Ameris Bank, which provides a full range of banking services to its retail and commercial customers located primarily in the Southern United States. Ameris 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. Ameris 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. Ameris' 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.
Company Website
SEC Reports
Industry: Banks - Regional - US
Compare:MTB, USB, PNC, PB, CFR
ยป More Articles for ABCB

Headlines

Articles On GuruFocus.com
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 
Weekly CFO Buys Highlight: Smith International Inc., Ameris Bancorp, Callon Petroleum Company, Pixel Nov 28 2009 
Ameris Bancorp (ABCB) CFO Dennis J Jr Zember buys 10,700 Shares Nov 24 2009 
Bank Insiders are Buying Stocks: Wells Fargo, Thomas Weisel Partners Group, United Bankshares Inc., Feb 22 2009 
Weekly Top Insider Buys: First Horizon National Corp., Wachovia Corp., Gateway Financial Holdings In Oct 30 2007 
Bank CEOs Are Buying: West Coast Bancorp (WCBO), ABC Bancorp (ABCB), Mercantile Bank Corp. (MBWM), a Jul 23 2007 

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