Atlantic Capital Bancshares Inc (ACBI) Files 10-K for the Fiscal Year Ended on December 31, 2018

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Atlantic Capital Bancshares Inc (ACBI) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Atlantic Capital Bancshares Inc provides a range of credit, treasury management, and deposit products and services to emerging growth businesses, middle market corporations, commercial real estate developers and investors, and private clients. Atlantic Capital Bancshares Inc has a market cap of $478.250 million; its shares were traded at around $18.91 with a P/E ratio of 17.33 and P/S ratio of 4.85.


For the last quarter Atlantic Capital Bancshares Inc reported a revenue of $21.2 million, compared with the revenue of $24.68 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $84.6 million, a decrease of 12.8% from the previous year. For the last five years Atlantic Capital Bancshares Inc had an average revenue growth rate of 26% a year.

The reported diluted earnings per share was $1.09 for the year, an increase of -826.7% from previous year. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, Atlantic Capital Bancshares Inc has the cash and cash equivalents of $268.4 million, compared with $330.0 million in the previous year. The long term debt was $49.7 million, compared with $94.5 million in the previous year. Atlantic Capital Bancshares Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $18.91, Atlantic Capital Bancshares Inc is traded at close to its historical median P/S valuation band of $18.02. The P/S ratio of the stock is 4.85, while the historical median P/S ratio is 4.63. The stock gained 4.31% during the past 12 months.

For the complete 20-year historical financial data of ACBI, click here.

This article first appeared on GuruFocus.


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