Company
Ameris Bancorp
Headquarters: Atlanta, GA, United States
Founded: October 1, 1971
Employees: 2,865
CEO: Mr. H. Palmer Proctor Jr.
Market Cap
$3.38 Billion
USD as of July 1, 2024
Ameris Bancorp Categories
United States Financials Banks—RegionalUnited States Financials United States Banks—Regional
Top Competitors by Market Capitalization
Industry: Banks—Regional
| Company | Market Cap (USD) |
|---|---|
| HDFC Bank | $169.00 B |
| China Merchants Bank | $115.76 B |
| ICICI Bank Limited | $101.49 B |
| Al Rajhi Banking and Investment Corp | $84.87 B |
| DBS Group Holdings Ltd | $79.57 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $887.16 B |
| JPMorgan | $599.29 B |
| Visa | $550.38 B |
| Mastercard | $416.63 B |
| Bank of America | $316.02 B |
Detailed Description
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. The company operates through five segments: Banking Division, Retail Mortgage Division, Warehouse Lending Division, SBA Division, and Premium Finance Division. It offers commercial and retail checking, regular interest-bearing savings, money market, individual retirement, and certificates of deposit accounts. The company also provides commercial real estate, residential real estate mortgage, agricultural, and commercial and industrial loans; consumer loans, including motor vehicle, home improvement, and home equity loans, as well as loans secured by savings accounts and small unsecured personal credit lines. In addition, it originates, administers, and services commercial insurance premium loans and small business administration loans. The company operates 165 full service domestic banking offices and 35 mortgage and loan production offices. Ameris Bancorp was founded in 1971 and is headquartered in Atlanta, Georgia.
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Stocks & Indices
Ameris Bancorp has the following listings and related stock indices.
Stock: NASDAQ: ABCB wb_incandescent
Stock: FSX: AXU wb_incandescent
Product & Services
Retail bankingCommercial bankCredit cardsMortgage loans
Key People
Founder(s): Eugene M. Vereen, Jr.
H. Palmer Proctor, Jr., CEO James B. Miller, Jr., Chairman Nicole S. Stokes, CFO Lawton E. Bassett III, President
Financials
Revenue: $534.042 million (2021)
Net income: $213 million (2021)
Total assets: $21.886 billion (2021)
Total equity: $2.827 billion (2021)