Ameris Historical Income Statement
ABCB Stock | USD 47.86 1.09 2.33% |
Historical analysis of Ameris Bancorp income statement accounts such as Interest Expense of 93.8 M, Selling General Administrative of 364.4 M or Total Revenue of 1.5 B can show how well Ameris Bancorp performed in making a profits. Evaluating Ameris Bancorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ameris Bancorp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Ameris Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ameris Bancorp is a good buy for the upcoming year.
Ameris |
About Ameris Income Statement Analysis
Ameris Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Ameris Bancorp shareholders. The income statement also shows Ameris investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Ameris Bancorp Income Statement Chart
Ameris Bancorp Income Statement is one of the three primary financial statements used for reporting Ameris's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Ameris Bancorp revenue and expense. Ameris Bancorp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Ameris Bancorp's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 93.8 M, whereas Operating Income is projected to grow to (29 M). Add Fundamental
Total Revenue
Total revenue comprises all receipts Ameris Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Ameris Bancorp minus its cost of goods sold. It is profit before Ameris Bancorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ameris Bancorp. It is also known as Ameris Bancorp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Ameris Bancorp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ameris Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.At present, Ameris Bancorp's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 93.8 M, whereas Operating Income is projected to grow to (29 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 47.8M | 92.9M | 89.4M | 93.8M | Depreciation And Amortization | 15.0M | 19.7M | 48.7M | 51.2M |
Ameris Bancorp income statement Correlations
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Ameris Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ameris Bancorp income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 17.7M | 19.6M | 15.0M | 19.7M | 48.7M | 51.2M | |
Interest Expense | 131.2M | 88.8M | 47.8M | 92.9M | 89.4M | 93.8M | |
Selling General Administrative | 223.9M | 360.3M | 337.8M | 319.7M | 347.1M | 364.4M | |
Total Revenue | 699.2M | 1.1B | 1.0B | 1.1B | 1.4B | 1.5B | |
Gross Profit | 699.2M | 1.1B | 1.0B | 1.1B | 1.5B | 1.6B | |
Other Operating Expenses | 487.6M | 738.9M | 521.2M | 539.5M | 1.2B | 1.2B | |
Operating Income | 211.6M | 340.2M | 496.1M | 546.0M | (30.5M) | (29.0M) | |
Ebit | 211.6M | 340.2M | 496.1M | 546.0M | (30.5M) | (29.0M) | |
Ebitda | 229.3M | 359.9M | 511.1M | 565.7M | 18.2M | 17.3M | |
Total Operating Expenses | (487.6M) | (738.9M) | (521.2M) | (539.5M) | 208.9M | 219.4M | |
Income Before Tax | 211.6M | 340.2M | 496.1M | 453.1M | 356.9M | 374.8M | |
Total Other Income Expense Net | 211.6M | 340.2M | 496.1M | (92.9M) | 356.9M | 374.8M | |
Net Income | 161.4M | 262.0M | 376.9M | 346.5M | 269.1M | 282.6M | |
Income Tax Expense | 50.1M | 78.3M | 119.2M | 106.6M | 87.8M | 92.2M | |
Net Income Applicable To Common Shares | 161.4M | 262.0M | 376.9M | 346.5M | 398.5M | 418.4M | |
Selling And Marketing Expenses | 7.9M | 8.0M | 8.4M | 12.5M | 11.9M | 12.4M | |
Net Income From Continuing Ops | 161.4M | 418.5M | 376.9M | 346.5M | 285.4M | 178.3M | |
Tax Provision | 50.1M | 78.3M | 119.2M | 106.6M | 85.7M | 69.7M | |
Net Interest Income | 505.2M | 637.8M | 655.3M | 801.0M | 853.1M | 544.0M | |
Interest Income | 636.4M | 726.5M | 703.1M | 893.9M | 1.2B | 650.1M | |
Reconciled Depreciation | 41.1M | 55.1M | 15.0M | 19.7M | 49.7M | 33.5M |
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.Moving together with Ameris Stock
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Moving against Ameris Stock
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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.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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Ameris Stock analysis
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.