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ABCB

Ameris Bancorp

$48.16

Earnings Summary

Revenue
$360.21Mn
Net Profits
$74.31Mn
Net Profit Margins
20.63%
PE Ratio
11.75

Highlights

Revenue:

Ameris Bancorp’s revenue jumped 34.77% since last year same period to $360.21Mn in the Q1 2024. On a quarterly growth basis, Ameris Bancorp has generated -7.27% fall in its revenue since last 3-months.

Net Profits:

Ameris Bancorp’s net profit jumped 22.99% since last year same period to $74.31Mn in the Q1 2024. On a quarterly growth basis, Ameris Bancorp has generated 12.71% jump in its net profits since last 3-months.

Net Profit Margins:

Ameris Bancorp’s net profit margin fell -8.74% since last year same period to 20.63% in the Q1 2024. On a quarterly growth basis, Ameris Bancorp has generated 21.55% jump in its net profit margins since last 3-months.

PE Ratio:

Ameris Bancorp’s price-to-earnings ratio after this Q1 2024 earnings stands at 11.75.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Ameris Bancorp post its latest quarter earnings

EPS Estimate Current Quarter
1.14
EPS Estimate Current Year
1.14

Highlights

EPS Estimate Current Quarter:

Ameris Bancorp’s earning per share (EPS) estimates for the current quarter stand at 1.14 - a 9.62% jump from last quarter’s estimates.

EPS Estimate Current Year:

Ameris Bancorp’s earning per share (EPS) estimates for the current year stand at 1.14.

Key Ratios

Key ratios of the Ameris Bancorp post its Q1 2024 earnings

Earning Per Share (EPS)
1.1
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.08
Dividend Per Share (DPS)
0.15

Highlights

Earning Per Share (EPS):

Ameris Bancorp’s earning per share (EPS) jumped 26.44% since last year same period to 1.1 in the Q1 2024. This indicates that the Ameris Bancorp has generated 26.44% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Ameris Bancorp’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Ameris Bancorp’s return on equity (ROE) stands at 0.08.

Dividend Per Share (DPS):

Ameris Bancorp declared 0.15 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-09
1.04
1.1
5.77%