Atlantic Capital Bancshares, Inc. operates as the bank holding company for Atlantic Capital Bank, N.A. that provides banking products and services. The company offers non-interest and interest bearing demand, savings and money market, time, and brokered deposits. It also provides working capital and equipment loans, loans supported by owner-occupied real estate, revolving lines of credit, term loans, and letters of credit; secured installments and home equity lines of credit; and commercial real estate loans, including secured construction loans, secured mini-permanent loans, and secured or unsecured lines of credit, as well as small business administration and franchise finance loans. In addition, the company offers cash and treasury management, capital market, payment processing, commercial and not-for-profit banking, payroll, electronic payment, and online and mobile banking services. It serves small and medium sized businesses and commercial enterprises, franchisees, not for profit enterprises, commercial real estate developers and individual clients, and professional services businesses. The company primarily operates 5 additional locations located in Cobb County, Fulton County, and Athens-Clarke County, Georgia; and Hamilton County, Tennessee. Atlantic Capital Bancshares, Inc. was incorporated in 2006 and is headquartered in Atlanta, Georgia.
IPO Year:
Exchange: NASDAQ
Website: atlanticcapitalbank.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/16/2021 | Mkt Perform → Outperform | Raymond James | |
| 12/16/2021 | $32.50 | Market Perform → Outperform | Raymond James |
| 7/27/2021 | $30.00 → $28.00 | Overweight → Neutral | Piper Sandler |
| 7/26/2021 | Outperform → Market Perform | Raymond James |
4 - Atlantic Capital Bancshares, Inc. (0001461755) (Issuer)
4 - Atlantic Capital Bancshares, Inc. (0001461755) (Issuer)
4 - Atlantic Capital Bancshares, Inc. (0001461755) (Issuer)
4 - Atlantic Capital Bancshares, Inc. (0001461755) (Issuer)
4 - Atlantic Capital Bancshares, Inc. (0001461755) (Issuer)
4 - Atlantic Capital Bancshares, Inc. (0001461755) (Issuer)
4 - Atlantic Capital Bancshares, Inc. (0001461755) (Issuer)
4 - Atlantic Capital Bancshares, Inc. (0001461755) (Issuer)
4 - Atlantic Capital Bancshares, Inc. (0001461755) (Issuer)
4 - Atlantic Capital Bancshares, Inc. (0001461755) (Issuer)
ATLANTA, March 1, 2022 /PRNewswire/ -- SouthState Corporation (NASDAQ:SSB) ("SouthState" or the "Company") today announced the closing of its acquisition of Atlantic Capital Bancshares, Inc. (NASDAQ:ACBI) ("Atlantic Capital") through the merger of Atlantic Capital with and into SouthState. Immediately after that merger, Atlantic Capital's subsidiary bank, Atlantic Capital Bank, N.A. merged with and into SouthState Bank, N.A. ("SouthState Bank"). As a result of these transactions, the combined company has an expanded presence in the Atlanta market, with $5 billion in deposits and ranks 8th in market share (3rd among banks under $100 billion in assets).
ATLANTA, Jan. 24, 2022 (GLOBE NEWSWIRE) -- Atlantic Capital Bancshares, Inc. (NASDAQ:ACBI) announced net income for the quarter ended December 31, 2021, of $11.7 million, or $0.57 per diluted share, compared to $10.0 million, or $0.48 per diluted share, for the fourth quarter of 2020 and $13.3 million, or $0.65 per diluted share, for the third quarter of 2021. "Atlantic Capital reported another quarter of solid operating results despite disruptions to economic activity from the Omicron variant and historically low interest rates. All of our businesses contributed to these solid results and credit quality remained strong. New business pipelines are robust in all of our businesses and we
ATLANTA, Jan. 07, 2022 (GLOBE NEWSWIRE) -- Atlantic Capital Bancshares, Inc. (NASDAQ:ACBI) announces today that it will release fourth quarter financial results on Monday, January 24, 2022, after the market closes. About Atlantic CapitalAtlantic Capital Bancshares, Inc. (ACBI), with assets of $4.2 billion, is a publicly-traded bank holding company headquartered in Atlanta, Georgia. Atlantic Capital offers commercial and not-for-profit banking services, specialty corporate financial services, private banking services and commercial real estate finance solutions to privately held companies and individuals in the Atlanta area, as well as specialized financial services for select clients na
ATLANTA, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Atlantic Capital Bancshares, Inc. (NASDAQ:ACBI) announced net income for the quarter ended September 30, 2021, of $13.3 million, or $0.65 per diluted share, compared to $8.6 million, or $0.40 per diluted share, for the third quarter of 2020 and $11.8 million, or $0.58 per diluted share, for the second quarter of 2021. "With strong growth in loans, deposits, and revenue, Atlantic Capital recorded another quarter of solid operating results. Our clients are performing well, and Atlantic Capital is fueling their prosperity with reliable service and innovative solutions. New business pipelines are robust, and we expect continued strong momentum in t
ATLANTA, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Atlantic Capital Bancshares, Inc. a publicly-traded bank holding company, and Self Financial, Inc., a leading fintech company based in Austin, Texas that enables consumers to build credit and savings, today announced an expanded partnership. Atlantic Capital will combine its size, scale and expertise with Self's innovative credit builder products to expand Self's Visa® secured credit card offering, access to credit for U.S. consumers, particularly underserved consumers who have not historically had easy credit access. The card launch is an expansion of the partnership between Self and Atlantic Capital beginning in February 2019 with Self's credit
ATLANTA, Oct. 07, 2021 (GLOBE NEWSWIRE) -- Atlantic Capital Bancshares, Inc. (NASDAQ:ACBI) announces today that it will release third quarter financial results on Wednesday, October 27, 2021, after the market closes. About Atlantic CapitalAtlantic Capital Bancshares, Inc. (ACBI), with assets of $3.8 billion, is a publicly-traded bank holding company headquartered in Atlanta, Georgia. Atlantic Capital offers commercial and not-for-profit banking services, specialty corporate financial services, private banking services and commercial real estate finance solutions to privately held companies and individuals in the Atlanta area, as well as specialized financial services for select clients
ATLANTA, July 23, 2021 (GLOBE NEWSWIRE) -- Atlantic Capital Bancshares, Inc. (NASDAQ:ACBI) announced net income for the quarter ended June 30, 2021 of $11.8 million, or $0.58 per diluted share, compared to $1.8 million, or $0.09 per diluted share, for the second quarter of 2020 and $13.4 million, or $0.65 per diluted share, for the first quarter of 2021. "Atlantic Capital recorded another quarter of strong and sustainable growth in loans, deposits, and revenue. Our new business pipelines remain robust, our banking teams are executing at a high level, and we expect solid growth through the balance of 2021 and into 2022," remarked Douglas Williams, President and Chief Executive
WINTER HAVEN, Fla. and ATLANTA, July 23, 2021 (GLOBE NEWSWIRE) -- SouthState Corporation (NASDAQ:SSB) ("SouthState" or the "Company") and Atlantic Capital Bancshares, Inc. (NASDAQ:ACBI) ("Atlantic Capital") jointly announced today the signing of a definitive agreement pursuant to which Atlantic Capital will merge with and into SouthState in an all-stock transaction with an aggregate value of approximately $542 million, or $26.43 per share of Atlantic Capital common stock. Atlantic Capital, based in Atlanta, Georgia, has approximately $3.8 billion in total assets, $3.3 billion in total deposits, and $2.3 billion in total loans as of June 30, 2021, and operates one branch in the Atlanta met
ATLANTA, July 14, 2021 (GLOBE NEWSWIRE) -- Atlantic Capital Bancshares, Inc. (NASDAQ:ACBI) announces today that it will release second quarter financial results before the stock market opens on Friday, July 23, 2021. The Company will hold a conference call on the same day, Friday, July 23, 2021 at 1:00 p.m. ET. to discuss its financial results, highlights and outlook. For access to the call, dial 1-833-685-0902. For international participants, dial 1-412-317-5737. The call will also be webcast and can be accessed in the Investor Relations section of Atlantic Capital's website at www.atlanticcapitalbank.com or by clicking here: https://services.choruscall.com/mediaframe/webcast.html?web
ATLANTA, May 11, 2021 (GLOBE NEWSWIRE) -- The 3rd Annual Atlantic Capital Community 5K was held virtually on Saturday, May 1st and raised over $38,000 for the Grove Park Foundation. This year's theme, Grove Park Strong, reflects the resilience of the neighborhood amidst a global crisis. The Foundation is dedicated to revitalizing the Grove Park neighborhood and improving the quality of life by working with local partners, leaders and residents to create a healthy, equitable and vibrant community. Atlantic Capital is proud to provide necessary funding and essential aid to one of Atlanta's most historic neighborhoods. 100% of the race registrations, donations and sponsorship dollars go to th
ATLANTA, Jan. 24, 2022 (GLOBE NEWSWIRE) -- Atlantic Capital Bancshares, Inc. (NASDAQ:ACBI) announced net income for the quarter ended December 31, 2021, of $11.7 million, or $0.57 per diluted share, compared to $10.0 million, or $0.48 per diluted share, for the fourth quarter of 2020 and $13.3 million, or $0.65 per diluted share, for the third quarter of 2021. "Atlantic Capital reported another quarter of solid operating results despite disruptions to economic activity from the Omicron variant and historically low interest rates. All of our businesses contributed to these solid results and credit quality remained strong. New business pipelines are robust in all of our businesses and we
ATLANTA, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Atlantic Capital Bancshares, Inc. (NASDAQ:ACBI) announced net income for the quarter ended September 30, 2021, of $13.3 million, or $0.65 per diluted share, compared to $8.6 million, or $0.40 per diluted share, for the third quarter of 2020 and $11.8 million, or $0.58 per diluted share, for the second quarter of 2021. "With strong growth in loans, deposits, and revenue, Atlantic Capital recorded another quarter of solid operating results. Our clients are performing well, and Atlantic Capital is fueling their prosperity with reliable service and innovative solutions. New business pipelines are robust, and we expect continued strong momentum in t
ATLANTA, July 23, 2021 (GLOBE NEWSWIRE) -- Atlantic Capital Bancshares, Inc. (NASDAQ:ACBI) announced net income for the quarter ended June 30, 2021 of $11.8 million, or $0.58 per diluted share, compared to $1.8 million, or $0.09 per diluted share, for the second quarter of 2020 and $13.4 million, or $0.65 per diluted share, for the first quarter of 2021. "Atlantic Capital recorded another quarter of strong and sustainable growth in loans, deposits, and revenue. Our new business pipelines remain robust, our banking teams are executing at a high level, and we expect solid growth through the balance of 2021 and into 2022," remarked Douglas Williams, President and Chief Executive
WINTER HAVEN, Fla. and ATLANTA, July 23, 2021 (GLOBE NEWSWIRE) -- SouthState Corporation (NASDAQ:SSB) ("SouthState" or the "Company") and Atlantic Capital Bancshares, Inc. (NASDAQ:ACBI) ("Atlantic Capital") jointly announced today the signing of a definitive agreement pursuant to which Atlantic Capital will merge with and into SouthState in an all-stock transaction with an aggregate value of approximately $542 million, or $26.43 per share of Atlantic Capital common stock. Atlantic Capital, based in Atlanta, Georgia, has approximately $3.8 billion in total assets, $3.3 billion in total deposits, and $2.3 billion in total loans as of June 30, 2021, and operates one branch in the Atlanta met
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SC 13G/A - Atlantic Capital Bancshares, Inc. (0001461755) (Subject)
ATLANTA, March 1, 2022 /PRNewswire/ -- SouthState Corporation (NASDAQ:SSB) ("SouthState" or the "Company") today announced the closing of its acquisition of Atlantic Capital Bancshares, Inc. (NASDAQ:ACBI) ("Atlantic Capital") through the merger of Atlantic Capital with and into SouthState. Immediately after that merger, Atlantic Capital's subsidiary bank, Atlantic Capital Bank, N.A. merged with and into SouthState Bank, N.A. ("SouthState Bank"). As a result of these transactions, the combined company has an expanded presence in the Atlanta market, with $5 billion in deposits and ranks 8th in market share (3rd among banks under $100 billion in assets).
Raymond James upgraded Atlantic Capital from Mkt Perform to Outperform
Raymond James upgraded Atlantic Capital from Market Perform to Outperform and set a new price target of $32.50
Piper Sandler downgraded Atlantic Capital from Overweight to Neutral and set a new price target of $28.00 from $30.00 previously
Raymond James downgraded Atlantic Capital from Outperform to Market Perform
Raymond James reiterated coverage of Atlantic Capital with a rating of Outperform and set a new price target of $32.00 from $30.00 previously
Raymond James reiterated coverage of Atlantic Capital with a rating of Outperform and set a new price target of $30.00 from $27.00 previously
Gabelli & Co upgraded Atlantic Capital from Hold to Buy
Raymond James reiterated coverage of Atlantic Capital with a rating of Outperform and set a new price target of $27.00 from $20.00 previously
Gabelli resumed coverage of Atlantic Capital Bancshares with a rating of Hold
Gabelli & Co downgraded Atlantic Capital from Buy to Hold
Merger activity increased last week with six new deals announced and six deals completed. Three of the six new deals announced were potential deals in the works. Healthcare Trust of America (NYSE:HTA) Founded in 2006, Healthcare Trust of America is a healthcare focused REIT and the largest operator of dedicated medical office buildings (MOB) in the United States. The company owns real estate though 461 on-campus and off-campus properties around hospitals and Universities in 32 states. We added HTA to our ‘Deals in the Works‘ tool on October 6, 2021, when Bloomberg reported that activist investor Elliott Investment Management was pushing for the company to launch a strategic review that inc
Atlantic Capital (NASDAQ:ACBI) reported its Q4 earnings results on Monday, January 24, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Atlantic Capital beat estimated earnings by 7.55%, reporting an EPS of $0.57 versus an estimate of $0.53, which did not surprise analysts. Revenue was up $4.17 million from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $0.14, which was followed by a 3.77% increase in the share price the next day. Here's a look at Atlantic Capital's past performance: Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020 EPS Estimate 0.51 0.52 0.42 0.3
Atlantic Capital (NASDAQ:ACBI) reported quarterly earnings of $0.57 per share which beat the analyst consensus estimate of $0.53 by 7.55 percent. This is a 18.75 percent increase over earnings of $0.48 per share from the same period last year.
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Atlantic Capital (NASDAQ:ACBI) is set to give its latest quarterly earnings report on Monday, 2022-01-24. Here's what investors need to know before the announcement. Analysts estimate that Atlantic Capital will likely report an Earnings Per Share (EPS) of $0.53. Atlantic Capital bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Past Earnings Performance Last quarter the company beat EPS by $0.14, which was followed by a 3.77% i
Upgrades According to B of A Securities, the prior rating for Generac Holdings Inc (NYSE:GNRC) was changed from Neutral to Buy. In the third quarter, Generac Hldgs showed an EPS of $2.35, compared to $2.08 from the year-ago quarter. At the moment, the stock has a 52-week-high of $524.31 and a 52-week-low of $214.41. Generac Hldgs closed at $355.57 at the end of the last trading period. According to Edward Jones, the prior rating for Fiserv Inc (NASDAQ:FISV) was changed from Hold to Buy. In the third quarter, Fiserv showed an EPS of $1.47, compared to $1.20 from the year-ago quarter. The stock has a 52-week-high of $127.34 and a 52-week-low of $92.06. At the end of the last trading per
Raymond James analyst Michael Rose upgrades Atlantic Capital (NASDAQ:ACBI) from Market Perform to Outperform and announces $32.5 price target.