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Ameris Bancorp operates as the bank holding company for Ameris Bank that provides banking services to retail and commercial customers in Georgia, Alabama, Florida, and South Carolina. The company operates through three segments: Banking Division, Mortgage Division, and SBA Division.View ABCB key stats
Ameris Bancorp - ABCB - EQUITY
Reviewed By: TheStreet Ratings on .
Report Summary: TheStreet Ratings team rates Ameris Bancorp as a
Buy with a ratings score of B+.
Report Snippet: We rate AMERIS BANCORP (ABCB) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, expanding profit margins, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.