Highlights and Quick Summary
- Asset Turnover for the quarter ending September 29, 2020 was 0.06 (a -9.76% decrease compared to previous quarter)
- Year-over-year quarterly Asset Turnover increased by 6.94%
- Annual Asset Turnover for 2019 was 0.06 (a 2.0% increase from previous year)
- Annual Asset Turnover for 2018 was 0.06 (a 1.85% increase from previous year)
- Annual Asset Turnover for 2017 was 0.05 (a -2.17% decrease from previous year)
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Historical Asset Turnover of Ameris BancorpMost recent Asset Turnoverof ABCB including historical data for past 10 years.
Interactive Chart of Asset Turnover of Ameris Bancorp
Ameris Bancorp Asset Turnover for the past 10 Years (both Annual and Quarterly)
Business Profile of Ameris Bancorp
Sector: Financial Services
Ameris Bancorp operates as the bank holding company for Ameris Bank that provides banking services to retail and commercial customers primarily in Georgia, Alabama, Florida, and South Carolina. The company operates through five segments: Banking Division, Retail Mortgage Division, Warehouse Lending Division, SBA Division, and Premium Finance Division. It offers commercial and retail checking, regular interest-bearing savings, money market, individual retirement, and certificates of deposit accounts. The company 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 small unsecured personal credit lines; and municipal and commercial insurance premium finance loans. It operates 170 domestic banking offices and 31 mortgage and loan production offices. Ameris Bancorp was founded in 1971 and is headquartered in Atlanta, Georgia.