Ameris Bancorp (OQ:ABCB)
Business Focus: Banks
Mostly sunny as of April 01, 2024
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Company News
Apr 25, 2024 16:05 ET
AMERIS BANCORP ANNOUNCES FINANCIAL RESULTS FOR FIRST QUARTER 2024
Highlights of Ameris's results for the first quarter of 2024 include the following:
Apr 03, 2024 16:05 ET
AMERIS BANCORP TO ANNOUCE FIRST QUARTER 2024 EARNINGS ON APRIL 25, 2024
ATLANTA, April 3, 2024 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") announced today that it intends to release its first quarter 2024 financial results in a press release after the market closes on Thursday, April 25, 2024. H. Palmer Proctor, Jr., Chief Executive Officer, Nicole S. Stokes, Chief Financial Officer, and Douglas D. Strange, Chief Credit Officer, will host a teleconference at 9:00 a.m. Eastern time on Friday, April 26, 2024 to discuss the Company's results and answer appropriate questions.
Valuation Ratios
Industry
Sector
Beta
1.05
--
--
Price to Sales - TTM
3.07
2.64
3.63
Price to Book - most recent quarter
0.95
1.02
1.32
Price to Cash Flow per share - TTM
13.96
12.01
13.19
Price to Free Cash Flow per share - TTM
--
16.78
15.76
Business Summary
| Sector: Financials | Industry: Banks |
Ameris Bancorp is a financial holding company, through its subsidiary, Ameris Bank (the Bank) provides a range of banking services to its retail and commercial customers in 164 locations in Georgia, Alabama, Florida, North Carolina and South Carolina. Its segments include the Banking Division, which provides full service financial services, including commercial loans, consumer loans and deposit accounts; the Retail Mortgage Division, which is engaged in origination, sales and servicing of one-to-four family residential mortgage loans; the Warehouse Lending Division is engaged in the origination and servicing of warehouse lines to other businesses are secured by underlying one-to-four family residential mortgage loans and residential mortgage servicing rights; the SBA Division is engaged in the origination, sales and servicing of small business administration loans, and the Premium Finance Division engaged in the origination and servicing of commercial insurance premium finance loans.
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