Elizabeth McCague - Ameris Bancorp Director

ABCB Stock  USD 44.79  0.28  0.63%   

Director

Ms. Elizabeth A. McCague is Independent Director of the Company. Ms. McCague has served as a director of the Company and the Bank since August 2016. Ms. McCague currently serves as Chief Financial Officer for the Jacksonville Port Authority. She previously served as Interim Executive Director and Plan Administrator for the Jacksonville Police and Fire Pension Fund, where she was responsible for the management of the 1.6 billion pension portfolio and the administration of benefits. Additionally, Ms. McCague provides mediation services for resolution of financial disputes through her business, McCague Company, LLC. Ms. McCague currently serves on the UF Health Hospital Jacksonville board as the chair of the finance committee and will continue to serve in this capacity through 2019. She has previously served as cochair of the University of Florida Capital Campaign, a sixyear, 1.5 billion effort, and chair of the North Florida Banks Advisory Board. She was also formerly the Chief Operating Officer of a software development company. She holds a bachelors degree in business administration from the University of Florida and a master of business administration degree from Jacksonville University. She resides in the Jacksonville, Florida market. Ms. McCagues business experience is extensive and diverse, which provides valuable insight for the Bank and its customers. Ms. McCagues term expires in 2020. since 2016.
Age 68
Tenure 8 years
Professional MarksMBA
Address 3490 Piedmont Road NE, Atlanta, GA, United States, 30305
Phone404 639 6500
Webhttps://www.amerisbank.com
McCague’s business experience is extensive and diverse, which provides valuable insight for the Bank and its customers.

Ameris Bancorp Management Efficiency

The company has return on total asset (ROA) of 0.0107 % which means that it generated a profit of $0.0107 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0813 %, meaning that it created $0.0813 on every $100 dollars invested by stockholders. Ameris Bancorp's management efficiency ratios could be used to measure how well Ameris Bancorp manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Equity is expected to grow to 0.09, whereas Return On Tangible Assets are forecasted to decline to 0.01. At present, Ameris Bancorp's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 25.3 B, whereas Other Assets are forecasted to decline to 0.95.
The company currently holds 698.42 M in liabilities with Debt to Equity (D/E) ratio of 0.21, which may suggest the company is not taking enough advantage from borrowing. Debt can assist Ameris Bancorp until it has trouble settling it off, either with new capital or with free cash flow. So, Ameris Bancorp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ameris Bancorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ameris to invest in growth at high rates of return. When we think about Ameris Bancorp's use of debt, we should always consider it together with cash and equity.

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Ameris Bancorp operates as the bank holding company for Ameris Bank that provides range of banking services to retail and commercial customers primarily in Georgia, Alabama, Florida, North Carolina, and South Carolina. Ameris Bancorp was founded in 1971 and is headquartered in Atlanta, Georgia. Ameris Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 2865 people. Ameris Bancorp (ABCB) is traded on NASDAQ Exchange in USA. It is located in 3490 Piedmont Road NE, Atlanta, GA, United States, 30305 and employs 2,765 people. Ameris Bancorp is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Ameris Bancorp Leadership Team

Elected by the shareholders, the Ameris Bancorp's board of directors comprises two types of representatives: Ameris Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ameris. The board's role is to monitor Ameris Bancorp's management team and ensure that shareholders' interests are well served. Ameris Bancorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ameris Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Andrew Cheney, COO, Executive VP, Banking Group President, COO of Ameris Bank and President of Ameris Bank
Robert Lynch, Independent Director
Robert Ezzell, Independent Director
Angela Redd, IR Contact Officer
Ross Creasy, Corporate Officer
Daniel Jeter, Independent Chairman of the Board
William McKendry, Executive Vice President Chief Risk Officer of the Company and Ameris Bank
Cindi Lewis, Executive Vice President Chief Administrative Officer, Corporate Secretary
Ross McWilliams, Executive Division
Stephen Melton, Chief Risk Officer, Executive VP, Chief Risk Officer of Ameris Bank and Executive VP of Ameris Bank
Dennis Zember, CFO, Executive VP, CFO of Ameris Bank and Executive VP of Ameris Bank
Jon Edwards, Chief Credit Officer, Executive VP, Chief Credit Officer of Ameris Bank and Executive VP of Ameris Bank
Nicole CPA, Corporate CFO
Cara Monfort, Investor Relations Officer
Joseph Kissel, Executive Vice President CIO
Brooks Sheldon, Independent Director
Lawton III, Corporate Officer
Jimmy Veal, Independent Director
Rodney Bullard, Director
Doug Strange, Corporate Officer
William Bowen, Director
James LaHaise, Executive Vice President - Commercial Banking Executive
William Choate, Director
Palmer Proctor, CEO Director
Michael Pierson, Chief VP
Elizabeth McCague, Director
JD Esq, Corporate Officer
William Stern, Independent Director
Nicole Stokes, CFO, Executive Vice President of the Company and Ameris Bank
James Miller, Executive Chairman
Gloria ONeal, Director
James III, Corporate Officer
Dale Ezzell, Independent Director
Lawton Bassett, Executive Vice President and Chief Banking Officer for Alabama and Georgia
Leo Hill, Independent Director
Edwin Hortman, CEO and President Director, Member of Executive Committee, CEO of Ameris Bank and President of Ameris Bank and Director of Ameris Bank
Randall Chumley, VP Services

Ameris Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ameris Bancorp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Ameris Bancorp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ameris Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ameris Bancorp will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Ameris Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ameris Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ameris Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ameris Bancorp to buy it.
The correlation of Ameris Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ameris Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ameris Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ameris Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Ameris Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ameris Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ameris Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ameris Bancorp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ameris Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Ameris Stock refer to our How to Trade Ameris Stock guide.
Note that the Ameris Bancorp information on this page should be used as a complementary analysis to other Ameris Bancorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Ameris Bancorp's price analysis, check to measure Ameris Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ameris Bancorp is operating at the current time. Most of Ameris Bancorp's value examination focuses on studying past and present price action to predict the probability of Ameris Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ameris Bancorp's price. Additionally, you may evaluate how the addition of Ameris Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Ameris Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ameris Bancorp. If investors know Ameris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ameris Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.20)
Dividend Share
0.6
Earnings Share
3.89
Revenue Per Share
13.586
Quarterly Revenue Growth
0.007
The market value of Ameris Bancorp is measured differently than its book value, which is the value of Ameris that is recorded on the company's balance sheet. Investors also form their own opinion of Ameris Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Ameris Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ameris Bancorp's market value can be influenced by many factors that don't directly affect Ameris Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ameris Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ameris Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ameris Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.