Ameris Bancorp

-6.61%

Ameris Bancorp is a financial holding company headquartered in Moultrie, Georgia. It was founded in 1971 and is one of the largest banking companies in the southeastern United States, with over 230 branches in Georgia, Alabama, Florida, and South Carolina.
The company provides a wide range of financial products and services, including commercial and retail banking, mortgage lending, investment banking, and wealth management. Ameris Bancorp’s main subsidiary is Ameris Bank, which was founded in 1976 and has grown through a combination of organic growth and strategic acquisitions.
Ameris Bancorp is publicly traded on the NASDAQ stock exchange under the ticker symbol ABCB. The company has a strong financial position, with total assets exceeding $24 billion as of 2021. It has consistently received high ratings from independent rating agencies such as S&P Global Ratings, Moody’s Investors Service, and Fitch Ratings.
Ameris Bancorp has a strong commitment to community involvement and corporate social responsibility. The company’s foundation, Ameris Bancorp Foundation, supports various charitable organizations and initiatives in education, health, and human services, among others.
Overall, Ameris Bancorp is a reputable financial institution with a strong presence in the southeastern region of the US. It continues to grow and expand its services while remaining committed to its customers and the communities it serves.

1. Rapid Growth: Ameris Bancorp has experienced rapid growth since its inception in 1971. It has grown from a single bank with $100,000 in assets to a leading financial holding company with over $20 billion in assets.
2. Strong Financial Performance: The company has consistently reported strong financial performance, with steady growth in revenues, profits, and shareholder returns.
3. Focus on Community Banking: Ameris Bancorp has a strong focus on community banking, with a commitment to serving the needs of its local communities and providing personalized services to its customers.
4. Diverse Product Offerings: The company offers a wide range of financial products and services, including traditional banking, mortgage lending, and wealth management, catering to the diverse needs of its customers.
5. Customer-centric Approach: Ameris Bancorp prioritizes customer satisfaction and has a customer-centric approach to business, which has helped the company establish long-lasting relationships with its customers.
6. Commitment to Innovation: The company has a strong commitment to innovation, which is reflected in its use of advanced technology and digital services to enhance the customer experience and improve operational efficiency.
7. Strong Corporate Culture: Ameris Bancorp has a strong corporate culture built on integrity, trust, and a strong work ethic. This culture drives the company’s success and has helped it attract and retain top talent.
8. Strong Corporate Governance: The company has a strong governance structure in place, with a diverse and experienced board of directors and robust risk management practices, ensuring the protection of shareholder interests.
9. Strategic Acquisitions: Ameris Bancorp has a track record of successful strategic acquisitions that have helped the company expand its geographical presence and diversify its business portfolio.
10. Social Responsibility: Ameris Bancorp is committed to making a positive impact on the communities it serves through various social responsibility initiatives and donations to charitable organizations.

The Ameris Bancorp company’s business model is primarily focused on providing financial services to individuals, businesses, and small-to-mid-sized corporations. This includes commercial and retail banking, mortgage and wealth management services, and other related financial services. The company operates primarily through its banking subsidiary, Ameris Bank, which has a network of branches and ATMs across the Southeastern United States. Ameris Bancorp generates revenue primarily through interest and fees on loans and investments, as well as through other banking services and products. The company also focuses on building long-term customer relationships and expanding its presence through both organic growth and strategic acquisitions.

1. Ameris Bancorp is a financial holding company headquartered in Moultrie, Georgia, and was founded in 1971.
2. The company’s main subsidiary is Ameris Bank, a full-service bank with over 150 branches in Georgia, Alabama, Florida, and South Carolina.
3. Ameris Bancorp has over $18 billion in assets and is ranked as one of the top 25 bank holding companies in the US.
4. Ameris Bank has been named one of the Best Banks to Work For by American Banker magazine for the past six consecutive years.
5. The company’s stock is traded on the NASDAQ under the ticker symbol ABCB.
6. Ameris Bancorp has a strong commitment to serving its local communities and has a dedicated philanthropic arm, Ameris Bank Charitable Foundation, which supports charitable organizations and initiatives in the communities it serves.
7. In 2020, Ameris Bancorp completed a merger with Fidelity Southern Corporation, expanding its presence in the Atlanta market and adding approximately $4.4 billion in assets to the company.
8. Ameris Bancorp has received numerous awards and recognition for its financial performance, including being ranked as one of the top performing mid-tier banks in the US by S&P Global Market Intelligence.
9. The company has a strong emphasis on technology and has implemented a range of digital banking services to better serve its customers, including mobile banking and online account opening.
10. Ameris Bancorp has a diverse and experienced leadership team, with several top executives being recognized as leaders in the banking industry.
See Company Due Diligence: