DA Davidson Comments on Ameris Bancorp Q1 Earnings

Ameris Bancorp (NASDAQ:ABCB) – Equities researchers at DA Davidson issued their Q1 2025 earnings estimates for Ameris Bancorp in a note issued to investors on Tuesday, February 4th. DA Davidson analyst M. Navas anticipates that the bank will post earnings per share of $1.12 for the quarter. The consensus estimate for Ameris Bancorp’s current full-year earnings is $5.02 per share. DA Davidson also issued estimates for Ameris Bancorp’s FY2026 earnings at $5.80 EPS.

Several other brokerages have also issued reports on ABCB. Truist Financial dropped their price objective on Ameris Bancorp from $73.00 to $68.00 and set a “buy” rating on the stock in a report on Monday, October 28th. Raymond James restated an “outperform” rating and set a $71.00 price target (up previously from $67.00) on shares of Ameris Bancorp in a research note on Monday. StockNews.com upgraded Ameris Bancorp from a “sell” rating to a “hold” rating in a research note on Thursday, October 31st. Keefe, Bruyette & Woods increased their price objective on Ameris Bancorp from $70.00 to $80.00 and gave the company an “outperform” rating in a report on Wednesday, December 4th. Finally, Stephens reaffirmed an “equal weight” rating and issued a $71.00 target price on shares of Ameris Bancorp in a report on Friday, January 31st. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, Ameris Bancorp presently has an average rating of “Moderate Buy” and a consensus target price of $70.50.

Ameris Bancorp Trading Up 1.5 %

NASDAQ ABCB opened at $67.88 on Wednesday. The firm’s fifty day moving average price is $64.82 and its 200 day moving average price is $63.23. Ameris Bancorp has a 12 month low of $44.22 and a 12 month high of $74.56. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.02 and a quick ratio of 1.00. The company has a market capitalization of $4.69 billion, a price-to-earnings ratio of 13.03 and a beta of 1.06.

Ameris Bancorp Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, January 6th. Shareholders of record on Tuesday, December 31st were paid a $0.20 dividend. This is an increase from Ameris Bancorp’s previous quarterly dividend of $0.15. This represents a $0.80 annualized dividend and a dividend yield of 1.18%. The ex-dividend date of this dividend was Tuesday, December 31st. Ameris Bancorp’s dividend payout ratio (DPR) is 15.36%.

Institutional Investors Weigh In On Ameris Bancorp

Several large investors have recently modified their holdings of the stock. Jennison Associates LLC purchased a new position in Ameris Bancorp in the 4th quarter valued at $10,856,000. Charles Schwab Investment Management Inc. lifted its stake in shares of Ameris Bancorp by 9.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 907,140 shares of the bank’s stock worth $56,596,000 after acquiring an additional 79,060 shares during the period. Barclays PLC boosted its holdings in shares of Ameris Bancorp by 107.7% in the third quarter. Barclays PLC now owns 140,001 shares of the bank’s stock valued at $8,735,000 after acquiring an additional 72,599 shares in the last quarter. Point72 Asset Management L.P. increased its stake in shares of Ameris Bancorp by 135.5% during the third quarter. Point72 Asset Management L.P. now owns 115,194 shares of the bank’s stock worth $7,187,000 after acquiring an additional 66,287 shares during the period. Finally, Nisa Investment Advisors LLC raised its holdings in Ameris Bancorp by 2,768.5% during the fourth quarter. Nisa Investment Advisors LLC now owns 68,384 shares of the bank’s stock worth $4,292,000 after purchasing an additional 66,000 shares in the last quarter. Hedge funds and other institutional investors own 91.64% of the company’s stock.

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. It operates through five segments: Banking Division, Retail Mortgage Division, Warehouse Lending Division, SBA Division, and Premium Finance Division. The company offers commercial and retail checking, regular interest-bearing savings, money market, individual retirement, and certificates of deposit accounts.