Is Ameris Bancorp overvalued or undervalued?

As of 10 October 2025, the valuation grade for Ameris Bancorp has moved from fair to attractive, indicating a positive shift in its valuation outlook. The company appears to be undervalued, supported by a P/E ratio of 12, a PEG ratio of 0.38, and a Price to Book Value of 1.16, all of which suggest that the stock is trading at a discount relative to its earnings and growth potential.
In comparison to its peers, UMB Financial Corp. has a P/E of 19.64, while United Community Banks, Inc. is rated attractive with a P/E of 14.35. This highlights that Ameris Bancorp is positioned favorably within its industry. Despite a recent decline in stock price, the company has outperformed the S&P 500 on a year-to-date basis, returning 13.73% compared to the index's 11.41%. However, over the longer term, its 3-year return of 48.47% significantly lags behind the S&P 500's 81.39%, suggesting potential for improvement.