See more : Genk Logistics Naamloze vennootschap (GENK.BR) Income Statement Analysis – Financial Results
Complete financial analysis of Ameris Bancorp (ABCB) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Ameris Bancorp, a leading company in the Banks – Regional industry within the Financial Services sector.
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Ameris Bancorp (ABCB)
About Ameris Bancorp
Ameris Bancorp operates as the bank holding company for Ameris Bank that provides range of banking services to retail and commercial customers primarily in Georgia, Alabama, Florida, North Carolina, and South Carolina. The company operates through five segments: Banking Division, Retail Mortgage Division, Warehouse Lending Division, SBA Division, and Premium Finance Division. It offers commercial and retail checking, regular interest-bearing savings, money market, individual retirement, and certificates of deposit accounts. The company also provides commercial real estate, residential real estate mortgage, agricultural, and commercial and industrial loans; consumer loans, including motor vehicle, home improvement, and home equity loans, as well as loans secured by savings accounts and small unsecured personal credit lines. In addition, it originates, administers, and services commercial insurance premium loans and small business administration loans. The company operates 165 full service domestic banking offices and 35 mortgage and loan production offices. Ameris Bancorp was founded in 1971 and is headquartered in Atlanta, Georgia.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.45B | 1.09B | 1.02B | 1.08B | 699.20M | 457.79M | 361.09M | 319.00M | 243.42M | 199.22M | 147.25M | 129.83M | 139.46M | 109.87M | 132.38M | 91.81M | 92.67M | 89.22M | 66.14M | 58.01M | 57.06M | 61.92M | 52.91M | 46.39M | 43.40M | 43.20M | 40.40M | 32.90M | 19.30M | 16.50M |
| Cost of Revenue | -75.88M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -15.49M | -22.42M | 0.00 | 0.00 | 38.57M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 1.52B | 1.09B | 1.02B | 1.08B | 699.20M | 457.79M | 361.09M | 319.00M | 243.42M | 199.22M | 162.73M | 152.24M | 139.46M | 109.87M | 93.81M | 91.81M | 92.67M | 89.22M | 66.14M | 58.01M | 57.06M | 61.92M | 52.91M | 46.39M | 43.40M | 43.20M | 40.40M | 32.90M | 19.30M | 16.50M |
| Gross Profit Ratio | 105.24% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 110.52% | 117.27% | 100.00% | 100.00% | 70.87% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 347.05M | 319.72M | 337.78M | 360.28M | 223.94M | 149.29M | 120.02M | 106.84M | 94.00M | 73.88M | 56.67M | 55.35M | 77.51M | 61.11M | 38.82M | 31.70M | 29.84M | 27.04M | 22.48M | 20.89M | 19.60M | 21.16M | 18.17M | 16.42M | 14.90M | 14.00M | 13.70M | 10.70M | 6.20M | 5.70M |
| Selling & Marketing | 11.86M | 12.48M | 8.43M | 8.05M | 7.93M | 5.57M | 5.13M | 4.18M | 3.31M | 2.87M | 1.62M | 1.62M | 722.00K | 566.00K | 1.65M | 3.08M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 358.91M | 332.20M | 346.21M | 368.32M | 231.87M | 154.86M | 125.15M | 111.02M | 97.32M | 76.75M | 58.29M | 56.97M | 78.23M | 61.67M | 40.47M | 34.78M | 29.84M | 27.04M | 22.48M | 20.89M | 19.60M | 21.16M | 18.17M | 16.42M | 14.90M | 14.00M | 13.70M | 10.70M | 6.20M | 5.70M |
| Other Expenses | 683.60M | -871.66M | -867.43M | -1.11B | -719.48M | -425.02M | -318.54M | -295.56M | -261.07M | -198.44M | -176.65M | -167.39M | -26.87M | -14.65M | -38.57M | -76.22M | -29.06M | -28.86M | -40.81M | -39.81M | -36.65M | -39.50M | -21.85M | -17.56M | -20.60M | -21.20M | -17.60M | -13.00M | -8.60M | -10.10M |
| Operating Expenses | 1.04B | -539.46M | -521.22M | -738.90M | -487.61M | -236.36M | -193.39M | -184.54M | -163.76M | -121.69M | -118.36M | -110.42M | 51.37M | 47.02M | 1.90M | -41.44M | 782.00K | -1.82M | -18.32M | -18.92M | -17.05M | -18.34M | -3.68M | -1.14M | -5.70M | -7.20M | -3.90M | -2.30M | -2.40M | -4.40M |
| Cost & Expenses | 1.04B | -539.46M | -521.22M | -738.90M | -487.61M | -236.36M | -193.39M | -184.54M | -163.76M | -121.69M | -15.49M | -22.42M | 51.37M | 47.02M | 40.47M | -41.44M | 782.00K | -1.82M | -18.32M | -18.92M | -17.05M | -18.34M | -3.68M | -1.14M | -5.70M | -7.20M | -3.90M | -2.30M | -2.40M | -4.40M |
| Interest Income | 1.28B | 893.89M | 703.11M | 726.50M | 636.39M | 413.33M | 294.35M | 239.07M | 190.39M | 164.57M | 126.32M | 129.48M | 141.07M | 119.07M | 114.57M | 129.01M | 146.08M | 124.11M | 79.54M | 64.37M | 64.48M | 74.45M | 76.09M | 68.98M | 59.80M | 59.90M | 58.70M | 47.80M | 26.70M | 21.30M |
| Interest Expense | 445.39M | 92.86M | 47.79M | 88.75M | 131.23M | 69.93M | 34.22M | 19.69M | 14.86M | 14.68M | 10.14M | 15.07M | 27.55M | 29.79M | 40.55M | 56.34M | 71.00M | 54.15M | 26.93M | 19.38M | 22.05M | 28.14M | 34.90M | 30.81M | 24.40M | 26.40M | 26.00M | 21.20M | 10.70M | 7.80M |
| Depreciation & Amortization | 48.72M | 50.80M | 47.93M | 55.11M | 41.10M | 19.53M | 13.13M | 13.90M | 3.74M | 2.33M | 1.41M | 1.36M | 1.00M | 988.00K | 644.00K | 4.53M | 4.36M | 4.86M | 3.29M | 2.93M | 3.25M | 4.45M | 4.23M | 3.38M | 3.00M | 3.00M | 2.70M | 2.00M | 1.20M | 1.10M |
| EBITDA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Ratio | 0.00% | 52.12% | 50.24% | 33.35% | 32.79% | 52.63% | 47.53% | 43.52% | 34.26% | 40.09% | 31.10% | 33.26% | 46.31% | 24.52% | 7.78% | 59.80% | 105.55% | 103.41% | 77.27% | 72.45% | 75.82% | 77.56% | 101.03% | 104.83% | 93.78% | 90.28% | 97.03% | 99.09% | 93.78% | 80.00% |
| Operating Income | 0.00 | 545.96M | 496.11M | 340.24M | 211.58M | 221.42M | 167.70M | 134.46M | 79.66M | 77.53M | 44.38M | 41.83M | 63.58M | 25.95M | 9.65M | 50.37M | 93.45M | 87.41M | 47.81M | 39.10M | 40.01M | 43.58M | 49.23M | 45.25M | 37.70M | 36.00M | 36.50M | 30.60M | 16.90M | 12.10M |
| Operating Income Ratio | 0.00% | 50.30% | 48.77% | 31.53% | 30.26% | 48.37% | 46.44% | 42.15% | 32.73% | 38.92% | 30.14% | 32.22% | 45.59% | 23.62% | 7.29% | 54.87% | 100.84% | 97.96% | 72.29% | 67.39% | 70.12% | 70.38% | 93.04% | 97.54% | 86.87% | 83.33% | 90.35% | 93.01% | 87.56% | 73.33% |
| Total Other Income/Expenses | 356.94M | -7.20M | -10.26M | -75.15M | 211.58M | -29.80M | -8.33M | -14.46M | -15.20M | -9.24M | -8.09M | 16.55M | -31.94M | -7.18M | -44.15M | -5.97M | -71.00M | -54.15M | -26.93M | -19.38M | -22.05M | -28.14M | -34.90M | -30.81M | -24.40M | -26.40M | -26.00M | -21.20M | -10.70M | -7.80M |
| Income Before Tax | 356.94M | 453.10M | 496.11M | 340.24M | 211.58M | 151.49M | 124.28M | 105.25M | 56.74M | 56.21M | 29.30M | 21.72M | 31.65M | -7.18M | -34.49M | -5.97M | 22.45M | 33.26M | 20.88M | 19.72M | 17.96M | 15.43M | 14.33M | 14.44M | 13.30M | 9.60M | 10.50M | 9.40M | 6.20M | 4.30M |
| Income Before Tax Ratio | 24.66% | 41.74% | 48.77% | 31.53% | 30.26% | 33.09% | 34.42% | 32.99% | 23.31% | 28.21% | 19.90% | 16.73% | 22.69% | -6.54% | -26.06% | -6.50% | 24.23% | 37.27% | 31.57% | 34.00% | 31.48% | 24.92% | 27.07% | 31.13% | 30.65% | 22.22% | 25.99% | 28.57% | 32.12% | 26.06% |
| Income Tax Expense | 87.83M | 106.56M | 119.20M | 78.26M | 50.14M | 30.46M | 50.73M | 33.15M | 15.90M | 17.48M | 9.29M | 7.29M | 10.56M | -3.20M | 7.30M | -2.05M | 7.30M | 11.13M | 7.15M | 6.62M | 5.95M | 5.08M | 4.69M | 4.34M | 4.30M | 2.70M | 3.10M | 2.70M | 1.90M | 1.20M |
| Net Income | 269.11M | 346.54M | 376.91M | 261.99M | 161.44M | 121.03M | 73.55M | 72.10M | 40.85M | 38.72M | 20.02M | 14.44M | 21.09M | -3.99M | -41.79M | -3.92M | 15.15M | 22.13M | 13.73M | 13.10M | 12.01M | 10.36M | 9.63M | 10.10M | 9.00M | 6.90M | 7.40M | 6.70M | 4.30M | 3.10M |
| Net Income Ratio | 18.59% | 31.93% | 37.05% | 24.28% | 23.09% | 26.44% | 20.37% | 22.60% | 16.78% | 19.44% | 13.59% | 11.12% | 15.12% | -3.63% | -31.57% | -4.27% | 16.35% | 24.80% | 20.76% | 22.58% | 21.05% | 16.72% | 18.21% | 21.77% | 20.74% | 15.97% | 18.32% | 20.36% | 22.28% | 18.79% |
| EPS | 3.90 | 5.01 | 5.43 | 3.78 | 2.76 | 2.81 | 2.00 | 2.10 | 1.29 | 1.48 | 0.76 | 0.46 | 0.76 | -0.19 | -3.00 | -0.28 | 1.09 | 1.66 | 1.12 | 1.09 | 1.00 | 0.85 | 0.85 | 0.96 | 0.83 | 0.64 | 0.70 | 0.68 | 0.64 | 0.57 |
| EPS Diluted | 3.89 | 4.99 | 5.40 | 3.77 | 2.75 | 2.80 | 1.98 | 2.08 | 1.27 | 1.46 | 0.75 | 0.46 | 0.76 | -0.19 | -3.00 | -0.28 | 1.08 | 1.63 | 1.11 | 1.08 | 0.99 | 0.85 | 0.84 | 0.96 | 0.83 | 0.64 | 0.69 | 0.68 | 0.64 | 0.57 |
| Weighted Avg Shares Out | 68.98M | 69.19M | 69.43M | 69.26M | 58.46M | 43.14M | 36.83M | 34.35M | 31.76M | 25.97M | 23.92M | 23.80M | 23.45M | 20.50M | 13.91M | 13.89M | 13.86M | 13.30M | 12.27M | 12.03M | 11.99M | 12.17M | 11.32M | 10.47M | 10.78M | 10.78M | 10.62M | 10.58M | 6.27M | 5.46M |
| Weighted Avg Shares Out (Dil) | 69.10M | 69.42M | 69.76M | 69.43M | 58.61M | 43.25M | 37.14M | 34.70M | 32.13M | 26.26M | 24.35M | 23.84M | 23.54M | 20.50M | 13.91M | 13.89M | 14.01M | 13.54M | 12.38M | 12.13M | 12.11M | 12.17M | 11.43M | 10.47M | 10.78M | 10.78M | 10.75M | 10.58M | 6.27M | 5.46M |
Ameris Bancorp (ABCB) Beats Q2 Earnings and Revenue Estimates
Ameris Bancorp (ABCB) came out with quarterly earnings of $1.17 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $0.91 per share a year ago.
AMERIS BANCORP ANNOUNCES FINANCIAL RESULTS FOR SECOND QUARTER 2024
Highlights of Ameris's results for the second quarter of 2024 include the following: Net income of $90.8 million, or $1.32 per diluted share; Adjusted net income(1) of $80.8 million, or $1.17 per diluted share Return on average assets ("ROA") of...
Curious about Ameris Bancorp (ABCB) Q2 Performance? Explore Wall Street Estimates for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for Ameris Bancorp (ABCB), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024.
Ameris Bancorp (ABCB) Earnings Expected to Grow: Should You Buy?
Ameris Bancorp (ABCB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
AMERIS BANCORP ANNOUNCES TRANSFER OF LISTING OF COMMON STOCK TO THE NEW YORK STOCK EXCHANGE
ATLANTA , July 12, 2024 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company" or "Ameris") announced today that it is transferring the listing of its common stock to the New York Stock Exchange ("NYSE") from The Nasdaq Stock Market LLC...
Three Ameris Bankers Named Among Top Hispanic Mortgage Originators
ATLANTA , July 3, 2024 /PRNewswire/ -- The National Association of Hispanic Real Estate Professionals named three Ameris Bank mortgage originators to the 2024 Top 250 Mortgage Originators List. The Association works as advisors and advocates to champion homeownership for...
AMERIS BANCORP TO ANNOUCE SECOND QUARTER 2024 EARNINGS ON JULY 25, 2024
ATLANTA , July 2, 2024 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") announced today that it intends to release its second quarter 2024 financial results in a press release after the market closes on Thursday, July 25, 2024. H. Palmer Proctor,...
Ameris Bank Donates Record $2.23 million to Support 40 Rural Georgia Hospitals
ATLANTA , June 12, 2024 /PRNewswire/ -- Ameris Bank is donating $2.23 million to 40 rural hospitals in Georgia, as part of the Georgia HEART Hospital Program in 2024. Ameris has been participating in the state income tax credit program since 2018,...
Is the Options Market Predicting a Spike in Ameris Bancorp (ABCB) Stock?
Investors need to pay close attention to Ameris Bancorp (ABCB) stock based on the movements in the options market lately.
Ameris Bank Ranked Top 10 Mortgage Provider
ATLANTA , May 31, 2024 /PRNewswire/ -- Ameris Bank ranked among the Top 10 banks in the U.S. for the largest retail mortgage volume in the first quarter of this year, according to data reported by National Mortgage News today....
Source: https://incomestatements.info
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