Ameris Bancorp Gross Profit

Gross Profit of ABCB for past 10 years: annual, quarterly and twelve month trailing (TTM) including Gross Profit growth rates and interactive chart. Gross profit is a company's net sales revenue minus its cost of goods sold (or cost of revenue). In other words, it is the sales revenue a company retains after incurring the direct costs associated with producing the goods it sells, and the services it provides.


Highlights and Quick Summary

  • Gross Profit for the quarter ending June 29, 2020 was $285 Million (a 40.75% increase compared to previous quarter)
  • Year-over-year quarterly Gross Profit increased by 26.14%
  • Annual Gross Profit for 2019 was $703 Million (a 52.29% increase from previous year)
  • Annual Gross Profit for 2018 was $462 Million (a 26.67% increase from previous year)
  • Annual Gross Profit for 2017 was $365 Million (a 12.12% increase from previous year)
  • Twelve month Gross Profit ending June 29, 2020 was $923 Million (a 19.07% increase compared to previous quarter)
  • Twelve month trailing Gross Profit increased by 48.24% year-over-year
Trailing Gross Profit for the last four month:
29 Jun '20 30 Mar '20 30 Dec '19 29 Sep '19
$923 Million $775 Million $703 Million $623 Million
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Historical Gross Profit of Ameris Bancorp

Most recent Gross Profitof ABCB including historical data for past 10 years.

Interactive Chart of Gross Profit of Ameris Bancorp

Ameris Bancorp Gross Profit for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $284.77 $202.32
2019 $210.46 $225.76 $136.89 $130.17 $703.28
2018 $130.02 $129.21 $107.31 $95.27 $461.8
2017 $93.09 $93.85 $91.35 $86.3 $364.58
2016 $81.55 $85.93 $82.97 $74.72 $325.17
2015 $71.03 $72.38 $61.31 $56.41 $261.12
2014 $57.37 $57.03 $51.08 $47.24 $212.72
2013 $40.57 $41.61 $40.86 $39.7 $162.73
2012 $41.46 $38.07 $37.76 $54.99 $172.28
2011 $39.69 $61.52 $34.72 $30.4 $166.33
2010 $35.31 $27.01 $36.91 $25.3 $124.53
2009 $63.44 $23.33 $132.38

Business Profile of Ameris Bancorp

Sector: Finance
Industry: Banks & Thrifts
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.