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ABCB - Ameris Bancorp: Earnings Outlook Remains Positive
Ameris Bancorp
The expansion of the team and a strong pipeline will likely drive the loan portfolio this year.
Ameris already reversed a part of its provisions in the last quarter. Provision expense will likely return to a more normal level this year because of the previous provisioning.
The December 2021 target price suggests a small downside from the current market price. Further, the forward dividend yield is low and unattractive.