Ameris Bancorp

NASDAQ ABCB

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Ameris Bancorp Net Debt to EBITDA Ratio 2 year CAGR for the year ending December 31, 2023

Ameris Bancorp Net Debt to EBITDA Ratio 2 year CAGR is NA for the year ending December 31, 2023. The net debt to EBITDA ratio measures the level of a company's net debt relative to its earnings before interest, taxes, depreciation, and amortization (EBITDA). It is calculated by dividing the net debt (total debt minus cash and cash equivalents) by EBITDA. This ratio provides insights into the company's ability to repay its debt using its operating earnings. A higher ratio indicates a higher level of debt relative to earnings, suggesting potential financial risk and difficulty in debt repayment. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Ameris Bancorp Net Debt to EBITDA Ratio for the year ending December 31, 2022 was 3.04, a 158.31% change year over year.
Ameris Bancorp Net Debt to EBITDA Ratio for the year ending December 31, 2021 was 1.18, a 22.42% change year over year.
Ameris Bancorp Net Debt to EBITDA Ratio for the year ending December 31, 2020 was 0.96, a -82.78% change year over year.
Ameris Bancorp Net Debt to EBITDA Ratio for the year ending December 31, 2019 was 5.58, a 2,214.16% change year over year.

NASDAQ: ABCB

Ameris Bancorp

CEO	Mr. James B. Miller Jr.
IPO Date	May 19, 1994
Location	United States
Headquarters	3490 Piedmont Road NE, Atlanta, GA, United States, 30305
Employees	2,759
Sector	Financial Services
Industry	Banks - regional

Description

Ameris Bancorp operates as the bank holding company for Ameris Bank that provides range of banking services to retail and commercial customers. It operates through five segments: Banking Division, Retail Mortgage Division, Warehouse Lending Division, SBA Division, and Premium Finance Division. The company offers commercial and retail checking, regular interest-bearing savings, money market, individual retirement, and certificates of deposit accounts. It 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 personal credit lines. In addition, the company originates, administers, and services commercial insurance premium loans, equipment finance loans, and small business administration loans. It operates full service domestic banking offices, and mortgage and loan production offices. The company was founded in 1971 and is headquartered in Atlanta, Georgia.

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