Ameris Bancorp Cost of Revenue

Cost of Revenue of ABCB for past 10 years: annual, quarterly and twelve month trailing (TTM) including Cost of Revenue growth rates and interactive chart. Cost of revenue refers to the direct costs attributable to the production of the goods or supply of services by an entity. It is also commonly known as the “cost of goods sold (COGS)”. Cost of sales measures the cost of goods produced or services provided in a period by an entity. It includes the cost of the direct materials used in producing the goods, direct labor costs used to produce the good, along with any other direct costs associated with the production of goods. In case of services cost of sales includes the labor cost or salaries of the employees and other directly attributable costs. Cost of sales does not include indirect expenses such as distribution costs and marketing costs. It appears on the income statement and is deducted from the sales revenue for the calculation of gross profit (or gross margin).

Highlights and Quick Summary

  • Cost of Revenue for the quarter ending June 29, 2020 was $21.2 Million (a -39.11% decrease compared to previous quarter)
  • Year-over-year quarterly Cost of Revenue decreased by -46.44%
  • Annual Cost of Revenue for 2019 was $131 Million (a 87.65% increase from previous year)
  • Annual Cost of Revenue for 2018 was $69.9 Million (a 104.35% increase from previous year)
  • Annual Cost of Revenue for 2017 was $34.2 Million (a 73.77% increase from previous year)
  • Twelve month Cost of Revenue ending June 29, 2020 was $134 Million (a -4.39% decrease compared to previous quarter)
  • Twelve month trailing Cost of Revenue increased by 16.12% year-over-year
Trailing Cost of Revenue for the last four month:
29 Jun '20 30 Mar '20 30 Dec '19 29 Sep '19
$134 Million $141 Million $131 Million $116 Million
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Historical Cost of Revenue of Ameris Bancorp

Most recent Cost of Revenueof ABCB including historical data for past 10 years.

Interactive Chart of Cost of Revenue of Ameris Bancorp

Ameris Bancorp Cost of Revenue for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $21.2 $34.82
2019 $38.73 $39.59 $27.38 $25.53 $131.23
2018 $23.2 $22.08 $13.95 $10.71 $69.93
2017 $10.04 $9.47 $8.25 $6.46 $34.22
2016 $5.68 $5.14 $4.75 $4.12 $19.69
2015 $3.98 $3.8 $3.54 $3.54 $14.86
2014 $3.89 $4.05 $3.34 $3.39 $14.68
2013 $2.7 $2.43 $2.48 $2.54 $10.14
2012 $2.98 $3.41 $4.13 $4.56 $15.07
2011 $5.45 $6.99 $7.18 $7.93 $27.55
2010 $7.81 $7.17 $7.24 $7.58 $29.79
2009 $8.13 $9.21 $40.55

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.