Ameris Bancorp (ABCB, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Ameris Bancorp provides business through its wholly owned banking subsidiary, Ameris Bank. Services include commercial real estate loans, which accounts for the major source of its income. Ameris Bancorp has a market cap of $1.95 billion; its shares were traded at around $28.10 with a P/E ratio of 9.86 and P/S ratio of 2.43. The dividend yield of Ameris Bancorp stocks is 1.78%. GuruFocus has detected 3 severe warning signs with Ameris Bancorp. .
For the last quarter Ameris Bancorp reported a revenue of $209.4 million, compared with the revenue of $128.9 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $699.2 million, an increase of 52.7% from last year. For the complete 30-year financial data, please go here.. For the last five years Ameris Bancorp had an average revenue growth rate of 26.8% a year.
The reported diluted earnings per share was $2.75 for the year, a decline of 1.8% from the previous year. Over the last five years Ameris Bancorp had an EPS growth rate of 17% a year. The profitability rank of the company is 4 (out of 10).
At the end of the fiscal year, Ameris Bancorp has the cash and cash equivalents of $246.5 million, compared with $655.3 million in the previous year. The long term debt was $1.5 billion, compared with $234.7 million in the previous year. Ameris Bancorp has a financial strength rank of 2 (out of 10).
At the current stock price of $28.10, Ameris Bancorp is traded at 28.6% discount to its historical median P/S valuation band of $39.34. The P/S ratio of the stock is 2.43, while the historical median P/S ratio is 3.30. The stock lost 27.48% during the past 12 months.
For the complete 20-year historical financial data of ABCB, click here.
