AMERIS BANCORP (ABCB)
US03076K1088 - Common Stock
Taking everything into account, ABCB scores 4 out of 10 in our fundamental rating. ABCB was compared to 406 industry peers in the Banks industry. Both the profitability and financial health of ABCB have multiple concerns. ABCB has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
ABCB had positive earnings in the past year.
ABCB had a positive operating cash flow in the past year.
Each year in the past 5 years ABCB has been profitable.
Of the past 5 years ABCB 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of ABCB (1.10%) is better than 75.25% of its industry peers.
Looking at the Return On Equity, with a value of 8.12%, ABCB is in line with its industry, outperforming 51.49% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.1% | ||
| ROE | 8.12% | ||
| ROIC | N/A |
ROA(3y)1.34%
ROA(5y)1.24%
ROE(3y)10.47%
ROE(5y)9.57%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
ABCB has a better Profit Margin (26.26%) than 70.05% of its industry peers.
ABCB's Profit Margin has been stable in the last couple of years.
The Operating Margin and Gross Margin are not available for ABCB so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 26.26% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y1.1%
PM growth 5Y-0.96%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
ABCB does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for ABCB remains at a similar level compared to 1 year ago.
The number of shares outstanding for ABCB has been increased compared to 5 years ago.
ABCB has a better debt/assets ratio than last year.
2.2 Solvency
ABCB has a debt to FCF ratio of 1.00. This is a very positive value and a sign of high solvency as it would only need 1.00 years to pay back of all of its debts.
The Debt to FCF ratio of ABCB (1.00) is better than 78.71% of its industry peers.
A Debt/Equity ratio of 0.13 indicates that ABCB is not too dependend on debt financing.
ABCB has a Debt to Equity ratio of 0.13. This is in the better half of the industry: ABCB outperforms 67.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC12.67%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
ABCB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.56%, which is quite good.
ABCB shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.72% yearly.
ABCB shows a decrease in Revenue. In the last year, the revenue decreased by -0.69%.
ABCB shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 18.47% yearly.
EPS 1Y (TTM)14.56%
EPS 3Y-0.82%
EPS 5Y3.72%
EPS Q2Q%18.97%
Revenue 1Y (TTM)-0.69%
Revenue growth 3Y-0.2%
Revenue growth 5Y18.47%
Sales Q2Q%4.74%
3.2 Future
Based on estimates for the next years, ABCB will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.45% on average per year.
ABCB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.63% yearly.
EPS Next Y22.86%
EPS Next 2Y12.94%
EPS Next 3Y12.45%
EPS Next 5YN/A
Revenue Next Year2.72%
Revenue Next 2Y4.21%
Revenue Next 3Y5.63%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
ABCB is valuated correctly with a Price/Earnings ratio of 13.31.
The rest of the industry has a similar Price/Earnings ratio as ABCB.
Compared to an average S&P500 Price/Earnings ratio of 27.73, ABCB is valued rather cheaply.
ABCB is valuated correctly with a Price/Forward Earnings ratio of 12.28.
ABCB's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.83, ABCB is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.31 | ||
| Fwd PE | 12.28 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, ABCB is valued a bit cheaper than the industry average as 71.53% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.9 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as ABCB's earnings are expected to grow with 12.45% in the coming years.
PEG (NY)0.58
PEG (5Y)3.57
EPS Next 2Y12.94%
EPS Next 3Y12.45%
5. Dividend
5.1 Amount
With a yearly dividend of 0.89%, ABCB is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.02, ABCB's dividend is way lower than its industry peers. On top of this 82.67% of the companies listed in the same industry pay a better dividend than ABCB!
With a Dividend Yield of 0.89, ABCB pays less dividend than the S&P500 average, which is at 2.24.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.89% |
5.2 History
On average, the dividend of ABCB grows each year by 9.09%, which is quite nice.
ABCB has paid a dividend for at least 10 years, which is a reliable track record.
As ABCB did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)9.09%
Div Incr Years0
Div Non Decr Years9
5.3 Sustainability
ABCB pays out 14.68% of its income as dividend. This is a sustainable payout ratio.
The dividend of ABCB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP14.68%
EPS Next 2Y12.94%
EPS Next 3Y12.45%
AMERIS BANCORP
NYSE:ABCB (12/20/2024, 8:04:00 PM)
After market: 62.81 0 (0%)62.81
+0.86 (+1.39%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners90.39%
Inst Owner Change0.97%
Ins Owners5.46%
Ins Owner Change-6.09%
Market Cap4.34B
Analysts81.82
Price Target71.81 (14.33%)
Short Float %1.86%
Short Ratio3.27
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.89% |
Dividend Growth(5Y)9.09%
DP14.68%
Div Incr Years0
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.62%
Min EPS beat(2)-4.97%
Max EPS beat(2)3.72%
EPS beat(4)2
Avg EPS beat(4)-5.39%
Min EPS beat(4)-20.86%
Max EPS beat(4)3.72%
EPS beat(8)3
Avg EPS beat(8)-7.1%
EPS beat(12)5
Avg EPS beat(12)-3.98%
EPS beat(16)8
Avg EPS beat(16)4.68%
Revenue beat(2)1
Avg Revenue beat(2)-0.64%
Min Revenue beat(2)-2.82%
Max Revenue beat(2)1.54%
Revenue beat(4)2
Avg Revenue beat(4)0.27%
Min Revenue beat(4)-2.88%
Max Revenue beat(4)5.24%
Revenue beat(8)3
Avg Revenue beat(8)-0.44%
Revenue beat(12)5
Avg Revenue beat(12)-0.67%
Revenue beat(16)8
Avg Revenue beat(16)2.48%
PT rev (1m)1.15%
PT rev (3m)3.83%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-0.42%
EPS NY rev (3m)1.63%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.35%
Revenue NY rev (3m)-0.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.31 | ||
| Fwd PE | 12.28 | ||
| P/S | 4.03 | ||
| P/FCF | 9.9 | ||
| P/OCF | 9.52 | ||
| P/B | 1.24 | ||
| P/tB | 1.82 | ||
| EV/EBITDA | N/A |
EPS(TTM)4.72
EY7.51%
EPS(NY)5.11
Fwd EY8.14%
FCF(TTM)6.34
FCFY10.1%
OCF(TTM)6.6
OCFY10.51%
SpS15.6
BVpS50.45
TBVpS34.54
PEG (NY)0.58
PEG (5Y)3.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.1% | ||
| ROE | 8.12% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 26.26% | ||
| GM | N/A | ||
| FCFM | 40.67% |
ROA(3y)1.34%
ROA(5y)1.24%
ROE(3y)10.47%
ROE(5y)9.57%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y1.1%
PM growth 5Y-0.96%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 47.34% | ||
| Cap/Sales | 1.64% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 154.86% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC12.67%
ROIC/WACCN/A
Cap/Depr(3y)53.84%
Cap/Depr(5y)50.06%
Cap/Sales(3y)1.79%
Cap/Sales(5y)1.74%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)14.56%
EPS 3Y-0.82%
EPS 5Y3.72%
EPS Q2Q%18.97%
EPS Next Y22.86%
EPS Next 2Y12.94%
EPS Next 3Y12.45%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.69%
Revenue growth 3Y-0.2%
Revenue growth 5Y18.47%
Sales Q2Q%4.74%
Revenue Next Year2.72%
Revenue Next 2Y4.21%
Revenue Next 3Y5.63%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-46.49%
FCF growth 3Y-10.93%
FCF growth 5YN/A
OCF growth 1Y-45.35%
OCF growth 3Y-10.68%
OCF growth 5YN/A