Raymond James reiterated coverage of Ameris with a rating of Outperform and set a new price target of $57.00 from $55.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/28/2024 | $67.00 | Mkt Perform → Outperform | Raymond James |
| 10/10/2023 | $44.00 | Neutral → Buy | DA Davidson |
| 4/4/2023 | $41.00 | Equal-Weight | Stephens |
| 12/5/2022 | $62.00 | Overweight | Piper Sandler |
| 10/31/2022 | Outperform → Mkt Perform | Raymond James | |
| 12/30/2021 | $56.00 → $57.00 | Equal-Weight | Stephens & Co. |
| 11/1/2021 | $55.00 → $57.00 | Outperform | Raymond James |
| 9/30/2021 | $56.00 | Overweight → Equal-Weight | Stephens & Co. |
4 - Ameris Bancorp (0000351569) (Issuer)
4 - Ameris Bancorp (0000351569) (Issuer)
4 - Ameris Bancorp (0000351569) (Issuer)
ATLANTA, March 18, 2024 /PRNewswire/ -- Ameris Bank is pleased to announce Brady Gailey has joined the bank as Executive Director of Corporate Development, effective today. In this role, Gailey will work closely with executive management to support strategic decisions and will be responsible for investor relations, corporate strategic analysis and financial performance review. "Brady has an extensive background in the banking industry and a history of covering Ameris Bank, which gives him a unique insight into our company," said Ameris Chief Financial Officer Nicole Stokes. "H
ATLANTA, Feb. 7, 2024 /PRNewswire/ -- Ameris Bancorp (NASDAQ:ABCB) announced that Claire E. McLean has been appointed a director of the company, effective February 7, 2024. Ms. McLean, 44, currently serves as Chief Operating Officer and Executive Vice President of Preferred Capital Securities, LLC and as President of its affiliate, Preferred Shareholder Services. She previously served as a Managing Director of Ernst & Young LLP, where she spent more than twenty years in public accounting. Ms. McLean has experience in the areas of banking and finance, payments/technology, trust
ATLANTA, Dec. 21, 2023 /PRNewswire/ -- Ameris Bank is pleased to announce Clyde Anderson as director of Community Lending, effective December 18. In this newly created role, Anderson will be responsible for oversight of the bank's commitments to the Community Reinvestment Act (CRA) and the Fair Lending programs. "Clyde Anderson brings an extensive background in community development, government relations and the mortgage business," said Ameris Bank Chief Risk Officer Bill McKendry. "His experience aligns perfectly with our goal of enhancing our community lending solutions that
Ameris Bank has promoted Merri Ellen Wadsworth to controller, reporting to Chief Financial Officer Nicole Stokes. Wadsworth had been executive vice president and managing director of Enterprise Operations for the company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250311277128/en/Merri Ellen Wadsworth (Photo: Business Wire) "Merri Ellen Wadsworth is a proven leader in Finance," said Stokes. "She joined Ameris in 2020 as director of Finance and Accounting and successfully led financial planning and budgeting processes for the bank. She redesigned the Accounting and Finance organizational structure and built a team of accountan
Ameris Bank is donating $1.694 million through the Georgia HEART Hospital Program to 17 rural hospitals across the state in 2025. This marks the eighth consecutive year that Ameris has participated in the state income tax credit program, contributing a total of $14.6 million. "Many hospitals depend on donations to augment their funding for facilities, training and daily operations," said Ameris Bank CEO Palmer Proctor. "This program directly aligns with our purpose as a company to bring financial peace of mind to communities, one person at a time. We applaud the state for this innovative program that enables hospitals to apply the donations in areas that ultimately strengthen the care give
Ameris Bank is contributing $2 million to the Florida Housing Finance Corporation for the Live Local Program which provides low-interest loans for the development of quality affordable housing in the state. "The need for affordable housing is great, and Ameris is pleased to participate in the Live Local Program to benefit workers who want to live close to their jobs, as well as elders and low-income families who are facing particular strain from the tight housing supply," said Ameris Bank CEO Palmer Proctor. The State Apartment Incentive Loan Program (SAIL) administers the program, which allows taxpayers to receive a dollar-for-dollar credit against the Florida corporate income tax or Flo
Highlights of Ameris's results for the fourth quarter of 2024 include the following: Net income of $94.4 million, or $1.37 per diluted share; Adjusted net income(1) of $95.1 million, or $1.38 per diluted share Total revenue growth of 9.8% annualized Increase in net interest income (TE) of $7.7 million, to $222.8 million Positive operating leverage with efficiency ratio of 52.26% and adjusted efficiency ratio (TE)(1) of 51.82% Return on average assets ("ROA") of 1.42%; adjusted ROA(1) of 1.43% Tangible book value(1) growth of $1.08 per share, or 11.5% annualized, to $38.59 at December 31, 2024 Net interest margin (TE) expansion of 13bps to 3.64% for the fourth quarter
Ameris Bancorp (NYSE:ABCB) (the "Company") announced today that it intends to release its fourth quarter and full year 2024 financial results in a press release after the market closes on Thursday, January 30, 2025. 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, January 31, 2025 to discuss the Company's results and answer appropriate questions. The conference call can be accessed by dialing 1-844-481-2939. The conference call ID is Ameris Bancorp. A replay of the call will be available beginning one hour after the end of the conference
The board of directors of Ameris Bancorp (NYSE:ABCB) (the "Company") has declared a dividend of $0.20 per share of the Company's common stock, which represents an increase of $0.05, or 33.3%, per share compared with the previous quarterly dividend of $0.15 per share. The common stock dividend is payable on January 6, 2025, to shareholders of record as of December 31, 2024. About Ameris Bancorp Ameris Bancorp is the parent of Ameris Bank, a state-chartered bank headquartered in Atlanta, Georgia. Ameris operates 164 financial centers across the Southeast and also serves consumer and business customers nationwide through select lending channels. Ameris manages $26.4 billion in assets as of
SC 13G/A - Ameris Bancorp (0000351569) (Subject)
SC 13G/A - Ameris Bancorp (0000351569) (Subject)
SC 13G/A - Ameris Bancorp (0000351569) (Subject)
Raymond James upgraded Ameris Bancorp from Mkt Perform to Outperform and set a new price target of $67.00
DA Davidson upgraded Ameris Bancorp from Neutral to Buy and set a new price target of $44.00
Stephens initiated coverage of Ameris Bancorp with a rating of Equal-Weight and set a new price target of $41.00
10-K - Ameris Bancorp (0000351569) (Filer)
SCHEDULE 13G - Ameris Bancorp (0000351569) (Subject)
8-K - Ameris Bancorp (0000351569) (Filer)
4 - Ameris Bancorp (0000351569) (Issuer)