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.

TypePublic
HQMoultrie, US
Founded1971
Size (employees)1,298 (est)
Websiteamerisbank.com
Ameris Bancorp was founded in 1971 and is headquartered in Moultrie, US
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

Key People/Management at Ameris Bancorp

Nicole S. Stokes

Nicole S. Stokes

Executive Vice President and Chief Financial Officer
Jon S. Edwards

Jon S. Edwards

Executive Vice President and Chief Credit Officer
Joseph B. Kissel

Joseph B. Kissel

Executive Vice President and Chief Information Officer
James A. Lahaise

James A. Lahaise

Executive Vice President and Chief Strategy Officer
William D. McKendry

William D. McKendry

Executive Vice President and Chief Risk Officer
Stephen A. Melton

Stephen A. Melton

Executive Vice President and General Counsel
Show more

Ameris Bancorp Office Locations

Ameris Bancorp has an office in Moultrie
Moultrie, US (HQ)
24 2/Nd/ Avenue
Show all (1)
Report incorrect company information

Ameris Bancorp Financials and Metrics

Ameris Bancorp Revenue

Ameris Bancorp's revenue was reported to be $398.80 m in FY, 2017
USD

Revenue (Q3, 2018)

151.3m

Gross profit (Q3, 2018)

129.2m

Gross profit margin (Q3, 2018), %

85.4%

Net income (Q3, 2018)

41.4m

EBIT (Q3, 2018)

96.9m

Market capitalization (17-Dec-2018)

1.5b

Closing stock price (17-Dec-2018)

31.2

Cash (30-Sep-2018)

629.3m
Ameris Bancorp's current market capitalization is $1.5 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

126.3m164.6m276.0m344.9m398.8m

Revenue growth, %

30%16%26%

Cost of goods sold

14.9m19.7m34.2m

Gross profit

261.1m325.2m364.6m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

44.0m50.6m54.4m61.1m59.9m64.9m76.2m78.8m87.7m91.1m92.8m99.6m103.3m106.0m121.3m151.3m

Cost of goods sold

2.4m3.4m3.3m4.1m3.5m3.5m3.8m4.1m4.8m5.1m6.5m8.3m9.5m10.7m13.9m22.1m

Gross profit

41.6m47.2m51.1m57.0m56.4m61.3m72.4m74.7m83.0m85.9m86.3m91.3m93.9m95.3m107.3m129.2m

Gross profit Margin, %

94%93%94%93%94%95%95%95%95%94%93%92%91%90%88%85%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

63.0m78.0m118.5m127.2m139.3m

Accounts Receivable

Inventories

4.9b

PP&E

103.2m97.3m121.6m121.2m117.7m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

20.0m38.7m40.8m72.1m73.5m

Depreciation and Amortization

4.9m9.0m11.8m13.9m13.1m

Inventories

Accounts Payable

Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

18.6m8.4m16.5m28.1m9.8m11.1m26.7m12.3m32.4m53.9m21.2m23.1m64.4m26.7m36.0m77.5m

Depreciation and Amortization

4.8m2.4m4.7m7.5m2.6m5.2m9.1m3.7m7.0m10.4m3.4m5.7m9.9m3.2m7.7m13.2m

Cash From Operating Activities

33.5m32.2m15.9m(4.9m)12.3m(17.3m)(18.0m)13.5m(16.0m)(62.2m)13.3m(68.3m)(95.7m)48.5m(55.5m)(93.5m)

Purchases of PP&E

(121.9m)(155.5m)(234.7m)
USDY, 2018

Financial Leverage

8.1 x
Show all financial metrics

Ameris Bancorp Operating Metrics

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

Bank Branches

73 101 97

Non-accrual Loans

$21.73 m$20.84 m$20.74 m$20.56 m$16.86 m$15.70 m$16 m$16.57 m$18.11 m$18.28 m$17.08 m

Total Loans

$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
Show all operating metrics
Report incorrect company information

Ameris Bancorp Online and Social Media Presence

Embed Graph
Report incorrect company information

Ameris Bancorp News and Updates

Ameris Bancorp Announces $100 Million Stock Repurchase Program

JACKSONVILLE, Fla., Oct. 25, 2018 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") announced today that its board of directors has authorized the Company to repurchase up to $100 million of its outstanding common stock. Repurchases of shares, which are authorized to occur...

Ameris Bancorp Announces Date Of Third Quarter 2018 Earnings Release And Conference Call

JACKSONVILLE, Fla., Oct. 2, 2018 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") announced today that it intends to release its third quarter 2018 financial results in a press release before the market opens on Friday, October 19, 2018. Dennis J. Zember Jr., President and...

Ameris Bancorp Announces $20 Million Of Efficiency Inititiaves For 2019

JACKSONVILLE, Fla., Sept. 20, 2018 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company") today announced certain cost saving initiatives for 2019 that are expected to reduce annual operating expense by an aggregate of approximately $20.0 million during 2019. The plan includes...
Report incorrect company information

Ameris Bancorp Blogs

Nine Tips to Save This Holiday Season

The holidays bring together family and friends to celebrate the joy of the season. Festive meals, gift giving and celebrations are a special part of… The post Nine Tips to Save This Holiday Season appeared first on Ameris Bank.

U.S. Premium Finance, a division of Ameris Bank, Adds Key Executive To Its Leadership Team

Ameris Bank has announced the addition of Dennis Pauls as senior vice president, national sales to the leadership team of US Premium Finance (USPF)… The post U.S. Premium Finance, a division of Ameris Bank, Adds Key Executive To Its Leadership Team appeared first on Ameris Bank.

Tips for Hiring Great Part-Time Employees

For many small businesses, hiring seasonal or part-time employees is an ideal way to manage growth. It can be a good strategy for slowly expanding… The post Tips for Hiring Great Part-Time Employees appeared first on Ameris Bank.

Ameris Bank Mortgage Banker Tracey DeLong Named Mortgage Loan Office of the Year

For the second year in a row, Ameris Bank Mortgage Banker Tracey DeLong has been recognized as the 2018 Mortgage Loan Office of the Year by the… The post Ameris Bank Mortgage Banker Tracey DeLong Named Mortgage Loan Office of the Year appeared first on Ameris Bank.

Maximizing Credit Card Perks and Your Credit Score During the Holidays

The holidays are here. ‘Tis the season of shopping, giving, traveling and hosting friends and family. It can also be the season of debt. Many of us… The post Maximizing Credit Card Perks and Your Credit Score During the Holidays appeared first on Ameris Bank.

With Gratitude.

Dear colleagues, customers and neighbors, During this season of thanks, I can’t help but think about what a privilege and honor it is to serve as… The post With Gratitude. appeared first on Ameris Bank.
Show more

Ameris Bancorp Company Life and Culture

Report incorrect company information

Ameris Bancorp Frequently Asked Questions

  • When was Ameris Bancorp founded?

    Ameris Bancorp was founded in 1971.

  • Who are Ameris Bancorp key executives?

    Ameris Bancorp's key executives are Nicole S. Stokes, Jon S. Edwards and Joseph B. Kissel.

  • How many employees does Ameris Bancorp have?

    Ameris Bancorp has 1,298 employees.

  • What is Ameris Bancorp revenue?

    Latest Ameris Bancorp annual revenue is $398.8 m.

  • What is Ameris Bancorp revenue per employee?

    Latest Ameris Bancorp revenue per employee is $307.2 k.

  • Who are Ameris Bancorp competitors?

    Competitors of Ameris Bancorp include Sterling Bancorp, United Financial Bancorp and BOK Financial.

  • Where is Ameris Bancorp headquarters?

    Ameris Bancorp headquarters is located at 24 2/Nd/ Avenue, Moultrie.

  • Where are Ameris Bancorp offices?

    Ameris Bancorp has an office in Moultrie.

  • How many offices does Ameris Bancorp have?

    Ameris Bancorp has 1 office.