Ameris Bancorp (ABCB) Competitors

$50.45
+0.21 (+0.42%)
(As of 05/17/2024 ET)

ABCB vs. ASB, UCBI, IBOC, FBP, AUB, TCBI, FIBK, CATY, HWC, and COLB

Should you be buying Ameris Bancorp stock or one of its competitors? The main competitors of Ameris Bancorp include Associated Banc (ASB), United Community Banks (UCBI), International Bancshares (IBOC), First BanCorp. (FBP), Atlantic Union Bankshares (AUB), Texas Capital Bancshares (TCBI), First Interstate BancSystem (FIBK), Cathay General Bancorp (CATY), Hancock Whitney (HWC), and Columbia Banking System (COLB). These companies are all part of the "state commercial banks" industry.

Ameris Bancorp vs.

Ameris Bancorp (NASDAQ:ABCB) and Associated Banc (NYSE:ASB) are both mid-cap finance companies, but which is the better business? We will contrast the two businesses based on the strength of their community ranking, risk, media sentiment, valuation, dividends, institutional ownership, analyst recommendations, earnings and profitability.

Ameris Bancorp pays an annual dividend of $0.60 per share and has a dividend yield of 1.2%. Associated Banc pays an annual dividend of $0.88 per share and has a dividend yield of 4.0%. Ameris Bancorp pays out 14.6% of its earnings in the form of a dividend. Associated Banc pays out 88.9% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

91.6% of Ameris Bancorp shares are held by institutional investors. Comparatively, 83.0% of Associated Banc shares are held by institutional investors. 5.5% of Ameris Bancorp shares are held by company insiders. Comparatively, 1.5% of Associated Banc shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

In the previous week, Associated Banc had 6 more articles in the media than Ameris Bancorp. MarketBeat recorded 11 mentions for Associated Banc and 5 mentions for Ameris Bancorp. Ameris Bancorp's average media sentiment score of 1.56 beat Associated Banc's score of 0.74 indicating that Ameris Bancorp is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ameris Bancorp
4 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Associated Banc
5 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Ameris Bancorp received 164 more outperform votes than Associated Banc when rated by MarketBeat users. Likewise, 65.58% of users gave Ameris Bancorp an outperform vote while only 50.74% of users gave Associated Banc an outperform vote.

CompanyUnderperformOutperform
Ameris BancorpOutperform Votes
404
65.58%
Underperform Votes
212
34.42%
Associated BancOutperform Votes
240
50.74%
Underperform Votes
233
49.26%

Ameris Bancorp currently has a consensus target price of $52.00, indicating a potential upside of 3.07%. Associated Banc has a consensus target price of $23.13, indicating a potential upside of 3.89%. Given Associated Banc's higher possible upside, analysts plainly believe Associated Banc is more favorable than Ameris Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ameris Bancorp
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75
Associated Banc
0 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25

Ameris Bancorp has a beta of 1.04, indicating that its stock price is 4% more volatile than the S&P 500. Comparatively, Associated Banc has a beta of 0.99, indicating that its stock price is 1% less volatile than the S&P 500.

Ameris Bancorp has higher earnings, but lower revenue than Associated Banc. Ameris Bancorp is trading at a lower price-to-earnings ratio than Associated Banc, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ameris Bancorp$1.52B2.29$269.11M$4.1112.27
Associated Banc$2.22B1.51$182.96M$0.9922.49

Ameris Bancorp has a net margin of 18.06% compared to Associated Banc's net margin of 6.86%. Ameris Bancorp's return on equity of 8.62% beat Associated Banc's return on equity.

Company Net Margins Return on Equity Return on Assets
Ameris Bancorp18.06% 8.62% 1.14%
Associated Banc 6.86%8.31%0.80%

Summary

Ameris Bancorp beats Associated Banc on 15 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ABCB and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ABCB vs. The Competition

MetricAmeris BancorpState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$3.49B$2.26B$9.64B$7.94B
Dividend Yield1.20%4.25%6.41%3.91%
P/E Ratio12.2712.4851.6818.78
Price / Sales2.292.023,610.74111.67
Price / Cash10.548.6928.8732.08
Price / Book1.001.053.284.68
Net Income$269.11M$359.68M$1.01B$217.01M
7 Day Performance1.20%1.74%1.67%2.90%
1 Month Performance12.64%7.87%5.22%6.58%
1 Year Performance57.95%30.73%18.39%10.15%

Ameris Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ASB
Associated Banc
4.2827 of 5 stars
$22.37
+1.0%
$23.13
+3.4%
+43.3%$3.37B$2.22B22.604,100Analyst Revision
UCBI
United Community Banks
4.7339 of 5 stars
$26.82
+1.1%
$30.60
+14.1%
+18.5%$3.19B$1.31B17.423,121Positive News
IBOC
International Bancshares
3.4057 of 5 stars
$60.34
+1.1%
N/A+36.5%$3.75B$970.10M9.212,200Positive News
FBP
First BanCorp.
2.908 of 5 stars
$18.33
+1.7%
$18.00
-1.8%
+56.6%$3.10B$1.16B10.473,168News Coverage
AUB
Atlantic Union Bankshares
4.2933 of 5 stars
$33.81
+1.3%
$38.00
+12.4%
+33.5%$3.04B$1.05B12.431,804Positive News
TCBI
Texas Capital Bancshares
3.588 of 5 stars
$62.18
+1.1%
$63.58
+2.2%
+20.5%$2.90B$1.79B18.841,987Positive News
FIBK
First Interstate BancSystem
4.9641 of 5 stars
$27.58
+0.3%
$30.20
+9.5%
+19.3%$2.88B$1.43B10.993,585Analyst Upgrade
Positive News
CATY
Cathay General Bancorp
3.6743 of 5 stars
$37.71
+1.1%
$39.00
+3.4%
+23.4%$2.75B$1.31B8.341,246Positive News
HWC
Hancock Whitney
4.2191 of 5 stars
$48.36
+2.0%
$51.43
+6.3%
+33.8%$4.19B$1.91B11.273,591Dividend Increase
Short Interest ↑
COLB
Columbia Banking System
3.8974 of 5 stars
$20.40
+0.9%
$22.19
+8.8%
-2.8%$4.27B$2.74B8.765,114Dividend Announcement
Analyst Upgrade
Short Interest ↑

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This page (NASDAQ:ABCB) was last updated on 5/18/2024 by MarketBeat.com Staff

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