Ameris Bancorp

Ameris Bancorp is a financial holding company whose business is conducted through its wholly owned banking subsidiary, Ameris Bank. The Company operates through four segments, the Banking Division, the Retail Mortgage Division, the Warehouse Lending Division and the SBA Division. The Banking Division offers financial services that include commercial loans, consumer loans, and deposit accounts. The Retail Mortgage Division originates, sells, and services one-to-four family residential mortgage loans. The Warehouse Lending Division originates and services warehouse lines to other businesses that are secured by underlying one-to-four family residential mortgage loans. The SBA Division originates, sells, and services SBA loans. The Banking, Retail Mortgage, Warehouse Lending and SBA Divisions are managed as separate business units because of the different products and services they provide.

Company Growth (employees)
Type
Public
HQ
Moultrie, US
Founded
1971
Size (employees)
1,298 (est)
Ameris Bancorp was founded in 1971 and is headquartered in Moultrie, US

Ameris Bancorp Office Locations

Ameris Bancorp has offices in Moultrie, Marietta, Jacksonville, Albany and in 23 other locations
Moultrie, US (HQ)
24 2/Nd/ Avenue
Show all (26)

Ameris Bancorp Financials and Metrics

Ameris Bancorp Financials

Ameris Bancorp's revenue was reported to be $239.1 m in FY, 2016
USD

Revenue (Q2, 2017)

99.6 m

Gross profit (Q2, 2017)

91.3 m

Gross profit margin (Q2, 2017), %

92%

Net income (Q2, 2017)

23.1 m

EBIT (Q2, 2017)

61 m

Market capitalization (13-Dec-2017)

1.8 b

Cash (30-Jun-2017)

139.5 m
Ameris Bancorp's current market capitalization is $1.8 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

126.3 m164.6 m190.4 m239.1 m

Revenue growth, %

30%16%26%

Cost of goods sold

14.9 m19.7 m

Gross profit

175.5 m219.4 m
USDQ3, 2013Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

44 m54.4 m61.1 m59.9 m64.9 m76.2 m78.8 m87.7 m91.1 m92.8 m99.6 m

Cost of goods sold

2.4 m3.3 m4.1 m3.5 m3.5 m3.8 m4.1 m4.8 m5.1 m6.5 m8.3 m

Gross profit

41.6 m51.1 m57 m56.4 m61.3 m72.4 m74.7 m83 m85.9 m86.3 m91.3 m

Gross profit Margin, %

94%94%93%94%95%95%95%95%94%93%92%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

63 m78 m118.5 m127.2 m

PP&E

103.2 m97.3 m121.6 m121.2 m

Goodwill

35 m63.5 m90.1 m125.5 m

Total Assets

3.7 b4 b5.6 b6.9 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

53.5 m71.4 m81 m69.4 m80.1 m115.4 m114.4 m146.9 m116.3 m123.3 m127.2 m139.5 m

Inventories

1.6 b3.8 b4.2 b

PP&E

65.7 m87.4 m99.5 m98.8 m98.3 m124.9 m124.8 m124.7 m124 m122.2 m121.6 m121.1 m

Goodwill

956 k35 m58.9 m58.9 m63.5 m87.4 m87.7 m121.5 m121.4 m122.5 m125.5 m125.5 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

20 m38.7 m40.8 m72.1 m

Depreciation and Amortization

4.9 m9 m3.7 m13.9 m

Cash From Operating Activities

33.6 m(5.6 m)(25.2 m)(69.8 m)

Purchases of PP&E

(90 m)(126.9 m)(249.1 m)(200.8 m)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

18.6 m8.4 m16.5 m28.1 m9.8 m11.1 m26.7 m12.3 m20 m21.6 m21.2 m23.1 m

Depreciation and Amortization

4.8 m2.4 m4.7 m7.5 m2.6 m5.2 m9.1 m3.7 m6 m8 m3.4 m5.7 m

Cash From Operating Activities

33.5 m32.2 m15.9 m(4.9 m)12.3 m(17.3 m)(18 m)13.5 m(16 m)(62.3 m)13.3 m(68.3 m)

Cash From Investing Activities

146.6 m161.8 m165.4 m163.6 m(119.8 m)(5.4 m)973 k(100.8 m)(230.8 m)(399.4 m)(24.4 m)(305.5 m)
USDY, 2017

Revenue/Employee

76.7 k

Financial Leverage

9.5 x
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Ameris Bancorp Operating Metrics

Ameris Bancorp's Total Loans Issued was reported to be $5.7 b in Q2, 2017
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Bank Branches

7310197

Total Loans Issued

$2.84 b$2.89 b$3.46 b$3.66 b$3.91 b$4.44 b$4.62 b$4.85 b$5.26 b$5.32 b$5.67 b

Non-accrual Loans

$21.73 m$20.84 m$20.74 m$20.56 m$16.86 m$15.7 m$16 m$16.57 m$18.11 m$18.28 m$17.08 m
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Ameris Bancorp Market Value History

Ameris Bancorp's Web-traffic and Trends

Ameris Bancorp Online and Social Media Presence

Ameris Bancorp Company Life and Culture

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