|Bid||28.18 x 1200|
|Ask||28.20 x 1000|
|Day's Range||27.15 - 28.89|
|52 Week Range||17.12 - 44.90|
|Beta (5Y Monthly)||1.53|
|PE Ratio (TTM)||8.57|
|Earnings Date||Jan 21, 2021 - Jan 25, 2021|
|Forward Dividend & Yield||0.60 (2.14%)|
|Ex-Dividend Date||Jun 29, 2020|
|1y Target Est||29.29|
ABCB earnings call for the period ending September 30, 2020.
Ameris Bancorp (ABCB) delivered earnings and revenue surprises of 87.78% and 18.11%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Ameris Bancorp (NASDAQ:ABCB) rose 3% in after-market trading after the company reported Q3 results.Quarterly Results Earnings per share rose 70.41% over the past year to $1.67, which beat the estimate of $0.89.Revenue of $321,556,000 up by 42.43% from the same period last year, which beat the estimate of $269,860,000.Looking Ahead Ameris Bancorp hasn't issued any earnings guidance for the time being.View more earnings on ABCBRevenue guidance hasn't been issued by the company for now.Recent Stock Performance Company's 52-week high was at $44.90Company's 52-week low was at $17.12Price action over last quarter: Up 24.14%Company Description Ameris Bancorp is a financial holding company whose business is conducted primarily through its wholly owned banking subsidiary, Ameris Bank. The bank provides a full range of banking services to its retail and commercial customers in select markets. Those markets are in the southeastern United States. The bank operates scores of banking offices with relative autonomy. The bank's strategy emphasizes greater penetration of its current market through acquisition-oriented growth, knowledge of local markets, and efficient operations. The bank's loan portfolio is well-diversified, with commercial real estate loans reflecting the largest portion of the portfolio. Net interest income is the largest contributor to net income.See more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * Earnings Scheduled For October 22, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.