Rep. Gilbert Ray Cisneros, Jr. Buys Ameris Bancorp (NYSE:ABCB) Shares

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Ameris Bancorp (NYSE:ABCB). In a filing disclosed on September 04th, the Representative disclosed that they had bought between $1,001 and $15,000 in Ameris Bancorp stock on July 10th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Mesabi Trust (NYSE:MSB) on 7/31/2026.
• Purchased $1,001 – $15,000 in shares of Praxis Precision Medicines (NASDAQ:PRAX) on 7/30/2026.
• Purchased $15,001 – $50,000 in shares of Alkermes (NASDAQ:ALKS) on 7/30/2026.
• Sold $15,001 – $50,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 7/30/2026.
• Sold $100,001 – $250,000 in shares of Alibaba Group (NYSE:BABA) on 7/24/2026.
• Sold $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 7/24/2026.
• Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 7/21/2026.
• Purchased $1,001 – $15,000 in shares of SailPoint (NASDAQ:SAIL) on 7/21/2026.
• Purchased $1,001 – $15,000 in shares of Glacier Bancorp (NYSE:GBCI) on 7/21/2026.
• Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 7/21/2026.

Ameris Bancorp Trading Down 0.6%

Shares of NYSE:ABCB traded down $0.47 during trading on Tuesday, reaching $85.58. The stock had a trading volume of 96,000 shares, compared to its average volume of 501,807. Ameris Bancorp has a fifty-two week low of $68.80 and a fifty-two week high of $93.22. The business has a fifty day moving average price of $88.28 and a 200-day moving average price of $84.57. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.34. The stock has a market cap of $5.74 billion, a P/E ratio of 15.47 and a beta of 0.91.

Ameris Bancorp (NYSE:ABCB) last issued its earnings results on Thursday, July 23rd. The bank reported $1.60 earnings per share for the quarter, missing the consensus estimate of $1.66 by ($0.06). The firm had revenue of $317.78 million during the quarter, compared to analysts’ expectations of $323.78 million. Ameris Bancorp had a return on equity of 10.62% and a net margin of 21.98%.During the same period last year, the business posted $1.59 earnings per share. As a group, analysts anticipate that Ameris Bancorp will post 6.58 earnings per share for the current fiscal year.

Ameris Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Tuesday, June 30th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Tuesday, June 30th. Ameris Bancorp’s dividend payout ratio is presently 14.47%.

Institutional Trading of Ameris Bancorp

Several large investors have recently made changes to their positions in ABCB. BIP Wealth LLC bought a new position in Ameris Bancorp during the second quarter worth $1,025,000. Commerce Bank acquired a new position in shares of Ameris Bancorp in the second quarter valued at $607,000. UBS Group AG lifted its position in Ameris Bancorp by 10.7% in the fourth quarter. UBS Group AG now owns 271,568 shares of the bank’s stock worth $20,169,000 after purchasing an additional 26,320 shares during the period. Renaissance Technologies LLC lifted its holdings in shares of Ameris Bancorp by 129.9% during the 1st quarter. Renaissance Technologies LLC now owns 44,069 shares of the bank’s stock worth $3,437,000 after acquiring an additional 24,900 shares during the period. Finally, William Blair Investment Management LLC bought a new stake in shares of Ameris Bancorp in the 2nd quarter valued at approximately $22,909,000. Institutional investors own 91.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on ABCB shares. Morgan Stanley upgraded Ameris Bancorp to an “overweight” rating in a research note on Wednesday, June 24th. Truist Financial decreased their price objective on shares of Ameris Bancorp from $92.00 to $90.00 and set a “hold” rating for the company in a report on Tuesday, July 28th. Raymond James Financial downgraded shares of Ameris Bancorp from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 1st. Stephens set a $88.00 target price on shares of Ameris Bancorp in a report on Monday, July 27th. Finally, Piper Sandler lowered their target price on Ameris Bancorp from $96.00 to $92.00 and set a “neutral” rating for the company in a report on Monday, July 27th. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $91.67.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Ameris Bancorp Company Profile

Ameris Bancorp is a bank holding company headquartered in Atlanta, Georgia. Through its principal subsidiary, Ameris Bank, the company offers a broad range of commercial and retail banking services to individuals, small businesses, middle market companies and agricultural customers. Its core business lines encompass deposit services, lending solutions, treasury management, mortgage origination and servicing, insurance products and wealth management.

Ameris Bancorp operates a network of branches and loan production offices across the southeastern United States, including Georgia, Alabama, Florida, North Carolina, South Carolina and Tennessee.