AMERIS BANCORP (ABCB)
US03076K1088 - Common Stock
We assign a fundamental rating of 4 out of 10 to ABCB. ABCB was compared to 411 industry peers in the Banks industry. ABCB has a bad profitability rating. Also its financial health evaluation is rather negative. ABCB is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year ABCB was profitable.
In the past year ABCB had a positive cash flow from operations.
ABCB had positive earnings in each of the past 5 years.
Of the past 5 years ABCB 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.07%, ABCB is in the better half of the industry, outperforming 67.64% of the companies in the same industry.
ABCB's Return On Equity of 7.85% is on the low side compared to the rest of the industry. ABCB is outperformed by 61.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.07% | ||
| ROE | 7.85% | ||
| 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 Profit Margin (24.96%) which is in line with its industry peers.
In the last couple of years the Profit Margin of ABCB has remained more or less at the same level.
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) | 24.96% | ||
| 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
The Debt to FCF ratio of ABCB is 0.80, which is an excellent value as it means it would take ABCB, only 0.80 years of fcf income to pay off all of its debts.
ABCB's Debt to FCF ratio of 0.80 is fine compared to the rest of the industry. ABCB outperforms 79.32% of its industry peers.
ABCB has a Debt/Equity ratio of 0.13. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of ABCB (0.13) is better than 70.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 0.8 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.38%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for ABCB have decreased strongly by -19.64% in the last year.
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 -0.68%.
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)-19.64%
EPS 3Y-0.82%
EPS 5Y3.72%
EPS growth Q2Q-9.32%
Revenue 1Y (TTM)-0.68%
Revenue growth 3Y-0.2%
Revenue growth 5Y18.47%
Revenue growth Q2Q-3.69%
3.2 Future
The Earnings Per Share is expected to grow by 11.24% on average over the next years. This is quite good.
Based on estimates for the next years, ABCB will show a small growth in Revenue. The Revenue will grow by 2.99% on average per year.
EPS Next Y13.32%
EPS Next 2Y11.24%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-0.36%
Revenue Next 2Y2.99%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
A Price/Earnings ratio of 11.99 indicates a reasonable valuation of ABCB.
Based on the Price/Earnings ratio, ABCB is valued a bit more expensive than 67.40% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.20. ABCB is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 10.58, the valuation of ABCB can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ABCB is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.63, ABCB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.99 | ||
| Fwd PE | 10.58 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, ABCB is valued cheaper than 81.02% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.02 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
ABCB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.9
PEG (5Y)3.22
EPS Next 2Y11.24%
EPS Next 3YN/A
5. Dividend
5.1 Amount
ABCB has a Yearly Dividend Yield of 1.24%.
With a Dividend Yield of 1.24, ABCB pays less dividend than the industry average, which is at 3.86. 82.48% of the companies listed in the same industry pay a better dividend than ABCB!
With a Dividend Yield of 1.24, ABCB pays less dividend than the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.24% |
5.2 History
On average, the dividend of ABCB grows each year by 9.09%, which is quite nice.
ABCB has been paying a dividend for at least 10 years, so it has 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
15.48% of the earnings are spent on dividend by ABCB. This is a low number and sustainable payout ratio.
ABCB's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP15.48%
EPS Next 2Y11.24%
EPS Next 3YN/A
AMERIS BANCORP
NASDAQ:ABCB (4/26/2024, 2:55:00 PM)
48.07
+0.56 (+1.18%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap3.32B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.24% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.99 | ||
| Fwd PE | 10.58 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.9
PEG (5Y)3.22
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.07% | ||
| ROE | 7.85% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 24.96% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-19.64%
EPS 3Y-0.82%
EPS 5Y
EPS growth Q2Q
EPS Next Y13.32%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-0.68%
Revenue growth 3Y-0.2%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y