ABCB - Ameris Bancorp: Pace Of Mortgage Banking Normalization To Determine Extent Of Earnings Growth
- A robust pipeline and opportunities in southeastern markets will drive loan growth.
- After a big loan loss reserves release in the first quarter, the provision expense will likely remain subdued in the year ahead.
- The pace of normalization of mortgage banking income will determine earnings growth this year. The market has shown more resilience than expected.
- The December 2021 target price suggests a decent upside from the current market price. Further, Ameris Bancorp is offering a low dividend yield.
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Ameris Bancorp: Pace Of Mortgage Banking Normalization To Determine Extent Of Earnings Growth