Rep. Gilbert Ray Cisneros, Jr. Purchases Ameris Bancorp (NYSE:ABCB) Stock

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 Stock Down 1.1%

ABCB traded down $0.98 during trading on Tuesday, hitting $85.06. The company had a trading volume of 321,532 shares, compared to its average volume of 503,179. Ameris Bancorp has a 1-year low of $68.80 and a 1-year high of $93.22. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.04 and a quick ratio of 1.02. The company has a market cap of $5.71 billion, a PE ratio of 15.38 and a beta of 0.91. The business has a 50-day moving average of $88.28 and a 200-day moving average of $84.57.

Ameris Bancorp (NYSE:ABCB) last released 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). Ameris Bancorp had a return on equity of 10.62% and a net margin of 21.98%.The company had revenue of $317.78 million during the quarter, compared to the consensus estimate of $323.78 million. During the same period in the previous year, the firm posted $1.59 EPS. As a group, analysts forecast that Ameris Bancorp will post 6.58 earnings per share for the current year.

Ameris Bancorp Announces Dividend

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

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Raymond James Financial cut Ameris Bancorp from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 1st. Weiss Ratings began coverage on shares of Ameris Bancorp in a report on Wednesday, September 2nd. They issued a “buy (b)” rating for the company. Truist Financial decreased their target price on shares of Ameris Bancorp from $92.00 to $90.00 and set a “hold” rating for the company in a research report on Tuesday, July 28th. Morgan Stanley upgraded shares of Ameris Bancorp to an “overweight” rating in a research report on Wednesday, June 24th. Finally, DA Davidson increased their price objective on shares of Ameris Bancorp from $98.00 to $100.00 and gave the company a “buy” rating in a report on Monday, July 27th. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Ameris Bancorp presently has an average rating of “Moderate Buy” and an average target price of $91.67.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Ameris Bancorp during the 2nd quarter valued at about $34,000. Measured Wealth Private Client Group LLC acquired a new stake in Ameris Bancorp in the 3rd quarter worth $45,000. Danske Bank A S acquired a new stake in Ameris Bancorp during the third quarter worth about $51,000. Public Employees Retirement System of Ohio bought a new stake in shares of Ameris Bancorp during the second quarter valued at approximately $66,000. Finally, Allworth Financial LP bought a new position in shares of Ameris Bancorp during the 2nd quarter worth about $67,000. 91.60% of the stock is owned by hedge funds and other institutional investors.

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.