|Bid||0.00 x 1000|
|Ask||0.00 x 800|
|Day's Range||37.04 - 37.73|
|52 Week Range||29.97 - 52.48|
|Beta (3Y Monthly)||1.66|
|PE Ratio (TTM)||12.77|
|Earnings Date||Jul 26, 2019|
|Forward Dividend & Yield||0.40 (1.06%)|
|1y Target Est||46.67|
Ameris Bancorp will create a financial center in Buckhead, as it bolsters both its brand and recruiting in Atlanta. Jacksonville based Ameris (Nasdaq: ABCB) a well-known regional bank across south Georgia and northern Florida, made a bold entrance into the competitive Atlanta market this year when it paid $870 million to buy Fidelity Southern Corp. That deal closed in July. Ameris Bancorp intends to strengthen its image and ramp-up recruiting in Atlanta.
When we invest, we're generally looking for stocks that outperform the market average. Buying under-rated businesses...
Ameris Bancorp's new CEO, H. Palmer Proctor, explains his vision for the bank after an $870 million merger and the unexpected resignation of its last CEO.
Ameris Bancorp NASDAQ/NGS:ABCBView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low and declining * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is low for ABCB with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on July 5. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding ABCB are favorable, with net inflows of $3.12 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
JACKSONVILLE, Fla. , July 8, 2019 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") announced today that it intends to release its second quarter 2019 financial results in a press ...
As we already know from media reports and hedge fund investor letters, many hedge funds lost money in fourth quarter, blaming macroeconomic conditions and unpredictable events that hit several sectors, with technology among them. Nevertheless, most investors decided to stick to their bullish theses and recouped their losses by the end of the first quarter. […]
Jacksonville-based Ameris Bancorp (Nasdaq: ABCB) finalized its $870 million acquisition of Atlanta-based Fidelity Southern Corp. on Monday – just five days after its CEO quietly resigned. "We appreciate Dennis Zember’s many contributions to bringing our two organizations together and are confident that Palmer Proctor is more than ready to step into his new role as CEO of the combined entity,” Ameris Chairman James Miller said in a statement. Dennis Zember was a rising star at Ameris, becoming Ameris Bank CEO in 2017 before taking the helm of Ameris Bancorp in June 2018.
JACKSONVILLE, Fla. , July 1, 2019 /PRNewswire/ -- Ameris Bancorp (NasdaqGS: ABCB) (the "Company") announced today that it completed the acquisition of Fidelity Southern Corporation (NasdaqGS: ...
NEW YORK , June 24, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600: S&P MidCap 400 constituent MarketAxess Holdings Inc. ...
A Jacksonville lawsuit accuses Ameris CEO Dennis Zember of hiding fraudulent loans and employee kickbacks from investors. Ameris calls it a "retaliatory suit" from a "disgruntled former employee."
Dividend paying stocks like Ameris Bancorp (NASDAQ:ABCB) tend to be popular with investors, and for good reason - some...
MOULTRIE, Ga. and ATLANTA, May 6, 2019 /PRNewswire/ -- Ameris Bancorp (ABCB) ("Ameris"), the parent company of Ameris Bank, and Fidelity Southern Corporation (LION) ("Fidelity"), the parent company of Fidelity Bank, jointly announced that, at their respective special meetings of shareholders held today, shareholders of both companies have voted to approve all proposals necessary to complete the merger of Fidelity with and into Ameris. The transaction is expected to close in the second quarter of 2019 and remains subject to the receipt of regulatory approvals and other customary closing conditions.
Looking for stocks with high upside potential? Just follow the big players within the hedge fund industry. Why should you do so? Let’s take a brief look at what statistics have to say about hedge funds’ stock picking abilities to illustrate. The Standard and Poor’s 500 Index returned approximately 13.1% in the 2.5 months of 2019 (including […]
The bank, based in Moultrie, Georgia, said it had earnings of 84 cents per share. Earnings, adjusted for one-time gains and costs, came to 90 cents per share. The results did not meet Wall Street expectations. ...