Ameris Bancorp (Ameris Bancorp) Momentum Rank : 9 (As of May. 09, 2024)

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What is Ameris Bancorp Momentum Rank?

Ameris Bancorp has the Momentum Rank of 9.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Ameris Bancorp's Momentum Rank

For the Banks - Regional subindustry, Ameris Bancorp's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ameris Bancorp's Momentum Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Ameris Bancorp's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Ameris Bancorp's Momentum Rank falls into.

Ameris Bancorp Momentum Rank Related Terms

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Ameris Bancorp (Ameris Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ameris Bancorp (NAS:ABCB) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

AXU:Germany

Address

3490 Piedmont Road N.E., Suite 1550, Atlanta, GA, USA, 30305

Website

https://www.amerisbank.com

Ameris Bancorp is a bank holding company that operates through Ameris Bank, its subsidiary. The company operates branches in Georgia, Alabama, Florida, and South Carolina. It offers traditional banking services such as business banking, personal banking, checking, savings, mobile banking, and others. The bank is organized into five segments: banking, retail mortgage, warehouse lending, SBA, and premium finance. The company generates most of its revenue from the banking division. Ameris intends to acquire banks in its geographic region to increase its market share and expand beyond its current market.

Executives

William Millard Choate	director	3490 PIEDMONT ROAD, SUITE 1550, ATLANTA GA 30305
William D Mckendry	officer: EVP & CRO	PO BOX 3668, MOULTRIE GA 31776
James A Lahaise	officer: Corporate Banking Executive	C/O FLAG FINANCIAL CORPORATION, 3475 PIEDMONT ROAD, NE, ATLANTA GA 30305
Nicole S Stokes	officer: EVP & Chief Financial Officer	3250 NORTH VALDOSTA ROAD, VALDOSTA GA 31602
Proctor H Palmer Jr	director, officer: President & CEO
Bowen William I. Jr.	director	P.O. BOX 3668, MOULTRIE GA 31776
Jimmy D Veal	director	P.O. BOX 3668, MOULTRIE GA 31776
Jon S Edwards	officer: EVP/CCO	P.O. BOX 3668, MOULTRIE GA 31776
Elizabeth A Mccague	director	P.O. BOX 3668, MOULTRIE GA 31776
Ronal Todd Shutley	officer: EVP, Chief Specialty Banking O	P.O. BOX 3668, MOULTRIE GA 31776
Robert P Lynch	director	P.O. BOX 3668, MOULTRIE GA 31776
Michael T Pierson	officer: EVP & Chief Operations Officer	3490 PIEDMONT ROAD, NE, SUITE 1550, ATLANTA GA 30305
Ross L Creasy	officer: EVP & Chief Innovation Officer	3490 PIEDMONT ROAD, NE, SUITE 1550, ATLANTA GA 30305
Robert Dale Ezzell	director	P.O. BOX 3668, MOULTRIE GA 31776
Bassett Lawton E Iii	officer: Banking Group President	PO BOX 3668, MOULTRIE GA 31776