Is Ameris Bancorp overvalued or undervalued?

As of 12 May 2025, Ameris Bancorp's valuation grade has moved from very attractive to attractive, indicating a shift in market perception. The company is currently considered fairly valued. Key ratios include a P/E ratio of 12, a Price to Book Value of 1.16, and an EV to EBIT of 7.86. Compared to peers, UMB Financial Corp has a higher P/E of 19.78, while United Community Banks, Inc. has a P/E of 12.58, suggesting that Ameris Bancorp is positioned competitively within its sector.
The company's strong PEG ratio of 0.38 and a robust dividend yield of 5.47% further support its valuation narrative. Notably, Ameris Bancorp has outperformed the S&P 500 over the past year, with a return of 30.97% compared to the index's 10.26%, reinforcing its attractiveness as an investment despite the recent grade change.