Ameris Bancorp ABCB
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Ameris Bancorp (ABCB) Business Model and Operations Summary
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 four segments: the Banking Division, the Retail Mortgage Division, the Warehouse Lending Division and the Premium Finance Division. The company generates majority 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.
Key Insights
Ameris Bancorp (ABCB) Core Market Data and Business Metrics
Latest Closing Price
$57.78Market Cap
$3.94 BillionPrice-Earnings Ratio
11.13Total Outstanding Shares
69.07 Million SharesTotal Employees
2,691Dividend
$0.20 Per Share QuarterlyIPO Date
May 19, 1994SIC Description
State Commercial BanksPrimary Exchange
New York Stock ExchangeHeadquarters
3490 Piedmont Rd, Atlanta, GA, 30305
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 546,057 Shares | 2.28 | 3/14/2025 | 1,242,972 Shares |
| 317,589 Shares | 3.59 | 2/28/2025 | 1,140,877 Shares |
| 381,485 Shares | 2.78 | 2/14/2025 | 1,059,283 Shares |
| 426,953 Shares | 2.49 | 1/31/2025 | 1,062,404 Shares |
| 387,366 Shares | 2.96 | 1/15/2025 | 1,148,120 Shares |
| 506,634 Shares | 1.8 | 12/31/2024 | 911,966 Shares |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Financing Activities, Continuing | $745.56 Million |
| Net Cash Flow From Operating Activities, Continuing | $154.19 Million |
| Net Cash Flow From Investing Activities, Continuing | $-846.68 Million |
| Net Cash Flow From Financing Activities | $745.56 Million |
| Net Cash Flow, Continuing | $53.07 Million |
| Net Cash Flow From Investing Activities | $-846.68 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Income/Loss From Continuing Operations After Tax | $358.69 Million |
| Interest Income/Expense Operating, Net | $849.19 Million |
| Interest And Dividend Income, Operating | $1.38 Billion |
| Interest Income/Expense After Provision For Losses | $790.40 Million |
| Basic Earnings Per Share | $5.21 |
| Net Income/Loss Attributable To Noncontrolling Interest | $0 |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss | $364.50 Million |
| Comprehensive Income/Loss | $364.50 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Other Comprehensive Income/Loss Attributable To Parent | $5.82 Million |
| Comprehensive Income/Loss Attributable To Parent | $364.50 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Liabilities | $22.51 Billion |
| Equity | $3.75 Billion |
| Equity Attributable To Parent | $3.75 Billion |
| Fixed Assets | $209.46 Million |
| Noncurrent Liabilities | $0 |
| Equity Attributable To Noncontrolling Interest | $0 |
Historical Dividends
Current dividend: $0.20 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Mar 20, 2025 | Apr 7, 2025 | Mar 31, 2025 | $0.2 | Quarterly |
| Dec 18, 2024 | Jan 6, 2025 | Dec 31, 2024 | $0.2 | Quarterly |
| Sep 19, 2024 | Oct 7, 2024 | Sep 30, 2024 | $0.15 | Quarterly |
| Jun 6, 2024 | Jul 8, 2024 | Jun 30, 2024 | $0.15 | Quarterly |
| Mar 14, 2024 | Apr 8, 2024 | Mar 31, 2024 | $0.15 | Quarterly |
| Dec 11, 2023 | Jan 8, 2024 | Dec 31, 2023 | $0.15 | Quarterly |