ABCB Earnings Prediction
The chart below shows how ABCB performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ABCB sees a -2.56% change in stock price 10 days leading up to the earnings, and a +0.58% change 10 days following the report. On the earnings day itself, the stock moves by +0.52%. This data can give you a slight idea of what to expect for the next quarter's release.
ABCB Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
263.27M
27.31%
4.95%
Gross Margin
--
--
--
Operating Margin
47.92%
19.50%
-4.35%
Net Margin
35.85%
12.45%
-9.36%
EPS
1.37
42.71%
-4.86%
No Data Available
ABCB Earnings Analysis
Ameris Bancorp Corporation (ABCB.O) Earnings Conference Call
Positive
Q4 Adjusted Net Income: Adjusted net income for Q4 was $95.1 million, or $1.38 per diluted share, reflecting a strong performance despite onetime items.
Adjusted EPS Growth: Full year 2024 adjusted EPS increased by 26% year-over-year, reaching $5.02 per diluted share, showcasing significant profitability growth.
Tangible Common Equity Improvement: Tangible common equity ratio improved to 10.59% at the end of Q4, up from 10.24% in the previous quarter, indicating enhanced capital strength.
Deposit Management Success: Deposits grew by approximately $1 billion or nearly 5% for the year, while broker deposits were reduced by $340 million, demonstrating effective deposit management.
Dividend Increase Announcement: The quarterly dividend was increased by 33% from $0.15 to $0.20 per share, reflecting confidence in ongoing profitability and capital generation.
Negative
Net Income Decline: Net income for Q4 was $94.4 million, a decrease from the previous quarter, indicating potential challenges in sustaining profitability.
Loan Balance Decline: Loan balances declined slightly during the quarter, reflecting seasonality and accelerated paydowns in the CRE book, which may signal weakening demand.
Margin Expansion and Pressure: The margin expansion of 13 basis points to 3.64% was partially due to temporary factors, with expectations of a decline back to around 3.54% as public funds roll out, indicating potential margin pressure ahead.
Credit Loss Provision Increase: A provision for credit losses of $12.8 million was recorded, raising the coverage ratio to 1.63% of loans, suggesting concerns over future credit quality.
Deposit Growth Concerns: Despite a 5% increase in deposits for the year, the reduction of broker deposits by $340 million raises questions about the sustainability of deposit growth moving forward.
ABCB FAQs
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ABCB Earning Call Sentiment
Earnings call transcript: Ameris Bancorp Q4 2024 beats earnings expectations
ABCB.O
0.12%Positive
The earnings call indicates strong financial performance with a 26% increase in adjusted EPS, improved ROA and ROTCE, and a 33% dividend increase. The company has a strong capital position and successful loan production. Despite competitive pressures, management provides optimistic guidance. The Q&A reveals positive sentiment from analysts, though some concerns about M&A specifics remain. The market cap suggests moderate sensitivity to these factors. Overall, the financial health, strategic focus, and shareholder returns support a positive outlook for the stock price over the next two weeks.