Ameris Bancorp
NASDAQ:ABCB

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Ameris Bancorp
NASDAQ:ABCB
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Price: 62.8 USD -1.81% Market Closed
Market Cap: 4.3B USD
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Ameris Bancorp
Loan Loss Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Ameris Bancorp
Loan Loss Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Loan Loss Provision CAGR 3Y CAGR 5Y CAGR 10Y
Ameris Bancorp
NASDAQ:ABCB
Loan Loss Provision
-$129.6m
CAGR 3-Years
-21%
CAGR 5-Years
-48%
CAGR 10-Years
-29%
PNC Financial Services Group Inc
NYSE:PNC
Loan Loss Provision
-$865m
CAGR 3-Years
N/A
CAGR 5-Years
-4%
CAGR 10-Years
-10%
M&T Bank Corp
NYSE:MTB
Loan Loss Provision
-$695m
CAGR 3-Years
N/A
CAGR 5-Years
-34%
CAGR 10-Years
-18%
Truist Financial Corp
NYSE:TFC
Loan Loss Provision
-$2B
CAGR 3-Years
N/A
CAGR 5-Years
-27%
CAGR 10-Years
-24%
Fifth Third Bancorp
NASDAQ:FITB
Loan Loss Provision
-$406m
CAGR 3-Years
N/A
CAGR 5-Years
0%
CAGR 10-Years
-4%
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
Loan Loss Provision
-$525m
CAGR 3-Years
N/A
CAGR 5-Years
-71%
CAGR 10-Years
N/A
No Stocks Found

Ameris Bancorp
Glance View

Market Cap
4.3B USD
Industry
Banking

Ameris Bancorp, founded with a deep-rooted commitment to community banking, operates out of its headquarters in Atlanta, Georgia, weaving itself into the economic fabric of the Southeastern United States. Tracing its origins back to a single bank in Moultrie, Georgia, Ameris has grown into a significant financial institution, leveraging its strategic acquisitions and organic growth to expand across a variety of states including Alabama, Florida, and the Carolinas. At its core, Ameris Bancorp focuses on traditional banking services that cater to individuals and businesses alike. It offers a broad range of products including commercial and retail banking, loans, mortgages, and deposit services. The company prides itself on providing personalized, relationship-driven customer service, which has been a cornerstone of its expansion strategy and success in both urban and rural markets. Ameris Bancorp's profitability largely hinges on its ability to manage interest rate margins effectively, a crucial aspect of its banking model. By accepting customer deposits, the bank gains access to capital that can be utilized for lending purposes. This classic banking structure allows Ameris to earn interest by providing diverse lending solutions such as personal and business loans, including small business loans and real estate financing. The difference between the interest paid on deposits and the interest earned on loans is where Ameris finds its financial growth and sustenance. Additionally, the bank develops fee-based revenue through services like wealth management and cashier transactions, adding another layer of income diversity. Through prudent risk management and a focus on customer relationships, Ameris Bancorp crafts its growth narrative, steering its journey forward amidst the evolving banking landscape.

ABCB Intrinsic Value
70.41 USD
Undervaluation 11%
Intrinsic Value
Price

See Also

What is Ameris Bancorp's Loan Loss Provision?
Loan Loss Provision
-129.6m USD

Based on the financial report for Mar 31, 2024, Ameris Bancorp's Loan Loss Provision amounts to -129.6m USD.

What is Ameris Bancorp's Loan Loss Provision growth rate?
Loan Loss Provision CAGR 10Y
-29%

Over the last year, the Loan Loss Provision growth was -24%. The average annual Loan Loss Provision growth rates for Ameris Bancorp have been -21% over the past three years , -48% over the past five years , and -29% over the past ten years .

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