Ameris Bancorp (NYSE: ABCB) (“Ameris” or “the company”) is the BHC for primary subsidiary Ameris Bank, which operates more than 165 branches across the Southeastern U.S. The most notable presence is in GA, particularly the Atlanta metro area, where it holds the 2nd-largest deposit share among local banks. ABCB also has a growing presence in FL and the Carolinas, with a well-established presence in Jacksonville and expanding footprints in Augusta, Charleston, Orlando, Charlotte, Savannah, and Tampa, to name a few.
Following the global financial crisis, Ameris evolved from a traditional community bank into a diversified regional franchise through an active M&A strategy, completing seven whole-bank acquisitions from 2013 to 2019 that added nearly $10 billion in assets. The most recent bank deal and largest transaction, the 2019 merger with Fidelity Southern Corporation (~$5 billion in assets), brought a change in leadership that facilitated a strategic…
Log in or Sign up for free access to this report.
KBRA is a global full-service rating agency with a mission to set a standard of excellence and integrity. Established in 2010, KBRA remains dedicated to the restoration of trust in credit ratings by creating new standards for assessing risk and by offering timely and transparent ratings. KBRA provides market participants with an alternative solution by delivering in-depth research across various sectors within the United States and European markets. We strive to provide the investment community with the products and tools needed to make informed investment decisions.