Raymond James upgraded Atlantic Capital from Market Perform to Outperform and set a new price target of $32.50
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| 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 |
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).
15-15D - Atlantic Capital Bancshares, Inc. (0001461755) (Filer)
15-12B - Atlantic Capital Bancshares, Inc. (0001461755) (Filer)
S-8 POS - Atlantic Capital Bancshares, Inc. (0001461755) (Filer)
SC 13G/A - Atlantic Capital Bancshares, Inc. (0001461755) (Subject)
SC 13G/A - Atlantic Capital Bancshares, Inc. (0001461755) (Subject)
SC 13G/A - Atlantic Capital Bancshares, Inc. (0001461755) (Subject)
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
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
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
4 - Atlantic Capital Bancshares, Inc. (0001461755) (Issuer)
4 - Atlantic Capital Bancshares, Inc. (0001461755) (Issuer)
4 - Atlantic Capital Bancshares, Inc. (0001461755) (Issuer)