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Ameris Bancorp: Attractively Valued But Earnings Likely To Dip

Oct. 07, 2022 3:25 PM ETAmeris Bancorp (ABCB)
Sheen Bay Research profile picture
Sheen Bay Research


  • The robust pipelines of unfunded commitments and job markets will likely sustain loan growth.
  • The margin is moderately rate-sensitive thanks to sticky deposit costs.
  • High inflation will likely reverse the credit quality, leading to higher provisions.
  • The December 2022 target price suggests a high upside on the current market price. Further, ABCB is offering a low dividend yield.

Atlanta Skyline


Earnings of Ameris Bancorp (NASDAQ:ABCB) will most probably plunge this year due to the normalization of both provisions and mortgage banking income. On the other hand, the top line will benefit from a rising rate environment. Further, moderately high loan growth will

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This article was written by

Sheen Bay Research profile picture
Around 10 years of experience covering Banks and Macroeconomics. Passionate about discovering lucrative investments and generating alpha.

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