NASDAQ: ABCB       Ameris Bancorp
Last Price Today's Change   Day's Range   Trading Volume
43.701   -0.629 (1.42%)  43.45 - 43.915  22,794


Avg Volume (4 weeks):471,789
4 Weeks Range:39.67 - 43.915
4 Weeks Price Volatility (%):
52 Weeks Range:39.67 - 59.85
52 Weeks Price Volatility (%):
Average Price Target: 18.30
Price Target Upside/Downside: -25.401


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Business Background

Ameris Bancorp is a financial holding company whose business is conducted primarily through its wholly owned banking subsidiary, Ameris Bank. The bank provides a full range of banking services to its retail and commercial customers in select markets. Those markets are in the southeastern United States. The bank operates scores of banking offices with relative autonomy. The bank’s strategy emphasizes greater penetration of its current market through acquisition-oriented growth, knowledge of local markets, and efficient operations. The bank’s loan portfolio is well-diversified, with commercial real estate loans reflecting the largest portion of the portfolio. Net interest income is the largest contributor to net income.

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