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Ameris Bancorp (Ameris Bancorp) Return-on-Tangible-Equity : 11.56% (As of Dec. 2023)


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What is Ameris Bancorp Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Ameris Bancorp's annualized net income for the quarter that ended in Dec. 2023 was $264 Mil. Ameris Bancorp's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $2,281 Mil. Therefore, Ameris Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 11.56%.

The historical rank and industry rank for Ameris Bancorp's Return-on-Tangible-Equity or its related term are showing as below:

ABCB' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.64   Med: 14.66   Max: 21.69
Current: 12.57

During the past 13 years, Ameris Bancorp's highest Return-on-Tangible-Equity was 21.69%. The lowest was 11.64%. And the median was 14.66%.

ABCB's Return-on-Tangible-Equity is ranked better than
58.48% of 1450 companies
in the Banks industry
Industry Median: 10.905 vs ABCB: 12.57

Ameris Bancorp Return-on-Tangible-Equity Historical Data

The historical data trend for Ameris Bancorp's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ameris Bancorp Return-on-Tangible-Equity Chart

Ameris Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.79 16.94 21.69 17.76 12.24

Ameris Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.48 11.63 14.53 11.56 12.63

Competitive Comparison of Ameris Bancorp's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Ameris Bancorp's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ameris Bancorp's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Ameris Bancorp's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Ameris Bancorp's Return-on-Tangible-Equity falls into.



Ameris Bancorp Return-on-Tangible-Equity Calculation

Ameris Bancorp's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=269.105/( (2075.56+2323.152 )/ 2 )
=269.105/2199.356
=12.24 %

Ameris Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=263.736/( (2239.048+2323.152)/ 2 )
=263.736/2281.1
=11.56 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Ameris Bancorp  (NAS:ABCB) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Ameris Bancorp Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Ameris Bancorp's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Ameris Bancorp (Ameris Bancorp) Business Description

Traded in Other Exchanges
Address
3490 Piedmont Road N.E., Suite 1550, Atlanta, GA, USA, 30305
Ameris Bancorp is a bank holding company that operates through Ameris Bank, its subsidiary. The company operates branches in Georgia, Alabama, Florida, and South Carolina. It offers traditional banking services such as business banking, personal banking, checking, savings, mobile banking, and others. The bank is organized into five segments: banking, retail mortgage, warehouse lending, SBA, and premium finance. The company generates most of its revenue from the banking division. Ameris intends to acquire banks in its geographic region to increase its market share and expand beyond its current market.
Executives
William Millard Choate director 3490 PIEDMONT ROAD, SUITE 1550, ATLANTA GA 30305
William D Mckendry officer: EVP & CRO PO BOX 3668, MOULTRIE GA 31776
James A Lahaise officer: Corporate Banking Executive C/O FLAG FINANCIAL CORPORATION, 3475 PIEDMONT ROAD, NE, ATLANTA GA 30305
Nicole S Stokes officer: EVP & Chief Financial Officer 3250 NORTH VALDOSTA ROAD, VALDOSTA GA 31602
Proctor H Palmer Jr director, officer: President & CEO
Bowen William I. Jr. director P.O. BOX 3668, MOULTRIE GA 31776
Jimmy D Veal director P.O. BOX 3668, MOULTRIE GA 31776
Jon S Edwards officer: EVP/CCO P.O. BOX 3668, MOULTRIE GA 31776
Elizabeth A Mccague director P.O. BOX 3668, MOULTRIE GA 31776
Ronal Todd Shutley officer: EVP, Chief Specialty Banking O P.O. BOX 3668, MOULTRIE GA 31776
Robert P Lynch director P.O. BOX 3668, MOULTRIE GA 31776
Michael T Pierson officer: EVP & Chief Operations Officer 3490 PIEDMONT ROAD, NE, SUITE 1550, ATLANTA GA 30305
Ross L Creasy officer: EVP & Chief Innovation Officer 3490 PIEDMONT ROAD, NE, SUITE 1550, ATLANTA GA 30305
Robert Dale Ezzell director P.O. BOX 3668, MOULTRIE GA 31776
Bassett Lawton E Iii officer: Banking Group President PO BOX 3668, MOULTRIE GA 31776

Ameris Bancorp (Ameris Bancorp) Headlines