Ameris Bancorp (NYSE:ABCB) will report earnings this Monday afternoon. Last quarter, the company beat revenue expectations by 3.6%, with revenues of $285.9 million, up 7% from last year. Analysts expect revenue to decline 1.3% to $296.6 million this quarter, with adjusted earnings at $1.33 per share. Peers like Atlantic Union Bankshares saw revenue grow 86.2%, beating estimates by 12.5%. Investor sentiment in regional banks is positive, with prices up 4% on average in the last month. Ameris Bancorp is up 2.3% and has an average analyst price target of $73.
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Read more at StockStory.: Ameris Bancorp (ABCB) Q2 Earnings Report Preview: What To Look For
