Ameris Tax Provision vs Income Before Tax Analysis

ABCB Stock  USD 63.00  0.19  0.30%   
Ameris Bancorp financial indicator trend analysis is way more than just evaluating Ameris Bancorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ameris Bancorp is a good investment. Please check the relationship between Ameris Bancorp Tax Provision and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ameris Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Ameris Stock refer to our How to Trade Ameris Stock guide.

Tax Provision vs Income Before Tax

Tax Provision vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ameris Bancorp Tax Provision account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ameris Bancorp's Tax Provision and Income Before Tax is 0.98. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Ameris Bancorp, assuming nothing else is changed. The correlation between historical values of Ameris Bancorp's Tax Provision and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Ameris Bancorp are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Tax Provision i.e., Ameris Bancorp's Tax Provision and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Ameris Bancorp income statement and is an important metric when analyzing Ameris Bancorp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Ameris Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ameris Bancorp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ameris Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Ameris Stock refer to our How to Trade Ameris Stock guide.At present, Ameris Bancorp's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.39, whereas Tax Provision is forecasted to decline to about 69.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense47.8M92.9M445.4M467.7M
Depreciation And Amortization47.9M50.8M48.7M51.2M

Ameris Bancorp fundamental ratios Correlations

1.00.960.250.950.720.640.490.390.480.980.980.620.98-0.260.660.810.150.670.73-0.120.980.980.971.00.68
1.00.960.220.950.750.670.520.350.460.970.980.630.98-0.280.640.810.170.680.72-0.160.980.970.971.00.66
0.960.960.190.890.740.670.540.330.530.980.950.590.96-0.160.610.80.250.580.76-0.090.990.980.910.960.62
0.250.220.190.06-0.37-0.45-0.570.780.550.270.32-0.080.23-0.170.860.330.470.260.4-0.140.210.310.130.160.85
0.950.950.890.060.860.810.690.130.320.890.870.80.96-0.260.520.66-0.040.80.5-0.180.910.870.960.960.55
0.720.750.74-0.370.860.990.95-0.330.070.660.640.790.75-0.140.140.46-0.050.620.26-0.190.740.640.760.770.17
0.640.670.67-0.450.810.990.97-0.43-0.010.570.550.780.67-0.140.050.39-0.090.590.18-0.210.660.560.690.70.08
0.490.520.54-0.570.690.950.97-0.58-0.130.420.390.720.54-0.13-0.110.24-0.170.510.02-0.230.520.40.560.56-0.08
0.390.350.330.780.13-0.33-0.43-0.580.650.460.47-0.160.330.040.670.410.250.050.640.270.360.470.290.320.64
0.480.460.530.550.320.07-0.01-0.130.650.550.530.320.450.440.680.360.40.290.720.340.530.590.290.430.65
0.980.970.980.270.890.660.570.420.460.550.970.550.96-0.170.650.830.170.590.8-0.040.990.990.940.970.66
0.980.980.950.320.870.640.550.390.470.530.970.50.94-0.270.690.860.290.570.82-0.130.980.990.930.970.7
0.620.630.59-0.080.80.790.780.72-0.160.320.550.50.670.110.350.23-0.20.880.14-0.050.60.530.620.650.36
0.980.980.960.230.960.750.670.540.330.450.960.940.67-0.250.650.730.110.710.63-0.130.970.950.960.980.67
-0.26-0.28-0.16-0.17-0.26-0.14-0.14-0.130.040.44-0.17-0.270.11-0.25-0.2-0.44-0.07-0.24-0.030.87-0.18-0.17-0.37-0.25-0.26
0.660.640.610.860.520.140.05-0.110.670.680.650.690.350.65-0.20.610.490.590.61-0.20.620.690.540.591.0
0.810.810.80.330.660.460.390.240.410.360.830.860.230.73-0.440.610.430.380.82-0.330.830.850.770.790.61
0.150.170.250.47-0.04-0.05-0.09-0.170.250.40.170.29-0.20.11-0.070.490.43-0.130.42-0.190.240.28-0.010.10.47
0.670.680.580.260.80.620.590.510.050.290.590.570.880.71-0.240.590.38-0.130.19-0.350.60.570.680.670.63
0.730.720.760.40.50.260.180.020.640.720.80.820.140.63-0.030.610.820.420.190.060.780.830.610.70.59
-0.12-0.16-0.09-0.14-0.18-0.19-0.21-0.230.270.34-0.04-0.13-0.05-0.130.87-0.2-0.33-0.19-0.350.06-0.08-0.06-0.19-0.12-0.26
0.980.980.990.210.910.740.660.520.360.530.990.980.60.97-0.180.620.830.240.60.78-0.080.990.930.980.64
0.980.970.980.310.870.640.560.40.470.590.990.990.530.95-0.170.690.850.280.570.83-0.060.990.910.970.69
0.970.970.910.130.960.760.690.560.290.290.940.930.620.96-0.370.540.77-0.010.680.61-0.190.930.910.980.57
1.01.00.960.160.960.770.70.560.320.430.970.970.650.98-0.250.590.790.10.670.7-0.120.980.970.980.61
0.680.660.620.850.550.170.08-0.080.640.650.660.70.360.67-0.261.00.610.470.630.59-0.260.640.690.570.61
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Ameris Bancorp Account Relationship Matchups

Ameris Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.2B20.4B23.9B25.1B25.2B26.5B
Total Stockholder Equity2.5B2.6B3.0B3.2B3.4B3.6B
Property Plant And Equipment Net233.1M222.9M225.4M220.3M266.3M279.6M
Net Debt1.3B345.9M601.4M1.7B(527.4M)(501.0M)
Retained Earnings508.0M671.5M1.0B1.3B1.5B1.6B
Cash246.5M203.6M264.8M284.6M1.2B1.2B
Non Current Assets Total2.7B2.2B2.1B3.1B25.6B26.9B
Non Currrent Assets Other(78.9M)(130.7M)(127.7M)(132.8M)22.6B23.8B
Other Assets13.9B17.0B20.9B20.2B(2.8B)(2.7B)
Cash And Short Term Investments1.6B1.2B857.4M1.8B1.2B591.6M
Common Stock Shares Outstanding58.6M69.4M69.8M69.4M69.1M72.6M
Liabilities And Stockholders Equity18.2B20.4B23.9B25.1B25.2B26.5B
Other Stockholder Equity1.9B1.9B1.9B1.9B1.9B1.9B
Total Liab1.5B549.5M866.2M21.9B21.8B22.9B
Property Plant And Equipment Gross233.1M222.9M325.8M333.1M337.8M354.7M
Total Current Assets1.6B1.2B857.4M1.8B2.4B2.4B
Short Long Term Debt Total1.6B574.3M884.1M2.0B639.9M345.3M
Total Current Liabilities14.6B16.6B9.3B9.2B9.8B10.3B
Short Term Debt1.2B24.8M17.9M11.3M11.2M10.7M
Non Current Liabilities Total1.5B549.5M866.2M21.9B12.1B12.7B
Accumulated Other Comprehensive Income18.0M33.5M15.6M(46.5M)(35.9M)(34.1M)
Other Current Liab13.5B16.6B9.2B9.2B9.8B6.1B
Other Current Assets641.6M2.1B4.1B1.2B1.3B2.3B
Common Stock Total Equity49.0M71.5M71.8M72.0M82.8M87.0M
Common Stock71.5M71.8M72.0M72.3M72.5M76.1M
Other Liab152.3M272.6M354.3M319.4M367.3M385.7M
Accounts Payable14.0B17.0B19.7B19.5B22.4B23.5B
Long Term Debt1.5B549.5M866.2M2.0B639.9M387.2M
Short Term Investments1.4B982.9M592.6M1.5B1.4B1.5B
Inventory19.5M12.4M3.9M843K969.5K921.0K
Treasury Stock(16.6M)(35.0M)(43.0M)(52.4M)(47.2M)(44.8M)
Intangible Assets91.6M72.0M125.9M106.2M87.9M92.3M
Property Plant Equipment272.4M222.9M225.4M276.6M318.1M334.0M
Good Will931.6M928.0M1.0B1.0B1.2B1.2B
Net Tangible Assets1.4B1.6B1.8B2.1B2.4B2.5B
Retained Earnings Total Equity273.1M377.1M671.5M1.0B1.2B1.2B
Long Term Debt Total241.0M397.2M549.5M866.2M996.1M1.0B
Capital Surpluse1.1B1.9B1.9B1.9B2.2B2.3B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Ameris Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ameris Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ameris Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ameris Bancorp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ameris Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Ameris Stock refer to our How to Trade Ameris Stock guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ameris Bancorp. If investors know Ameris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ameris Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.241
Dividend Share
0.6
Earnings Share
4.78
Revenue Per Share
15.214
Quarterly Revenue Growth
0.127
The market value of Ameris Bancorp is measured differently than its book value, which is the value of Ameris that is recorded on the company's balance sheet. Investors also form their own opinion of Ameris Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Ameris Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ameris Bancorp's market value can be influenced by many factors that don't directly affect Ameris Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ameris Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ameris Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ameris Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.