ABCBAmeris Bancorp
State Commercial Banks
- Revenue
- —
- Operating margin
- —
- EBITDA
- —
- Market cap
- $5.5B
- Employees
- 2,673
- Net debt / EBITDA
- —
- AI in 10-K
- 2.7
- mentions per 10K words
Takeover score 0 of 13
Fixable underperformance 0 of 7
- TSR below peersNo2 of 5 years3+ of last 5 years
- High CEO pay despite TSRNo$5M medianMedian CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo95% of net incomeCash flow under 80% of net income
- Dilutive SBCNo—Over 10% of revenue
- Payouts exceed cash flowNo14% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo4% of assetsOver 40% of assets
- Shareholder dissentNo98% lowest supportAny vote under 80% support
Buyer economics 0 of 4
- Low revenue per employeeNo—Bottom quartile of its SIC industry
- Quiet on AINo2.7 per 10K words · 66th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedNo$5.5B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$542K netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Net income | $377M | $347M | $269M | $359M | $412M | 15% |
| Operating cash flow | $9M | $1.1B | $569M | $154M | $390M | 153% |
| Capex | $25M | $14M | $18M | $13M | $21M | 52% |
| Stock-based comp | $8M | $7M | $10M | $13M | $13M | 5.6% |
| Dividends | $42M | $42M | $42M | $41M | $55M | 33% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $24K · 1
- Open-market sells, 12 mo
- $566K · 7
- Net
- −$542K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $6M | $12M | 208 | 153 |
| FY2024 | $5M | $10M | 173 | 143 |
| FY2023 | $5M | $6M | 145 | 127 |
| FY2022 | $4M | $4M | 127 | 127 |
| FY2021 | $3M | $5M | 132 | 137 |