The Relative Strength (RS) Rating for Ameris Bancorp jumped into a new percentile Tuesday, as it got a lift from 70 to 73.
This unique rating identifies market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research reveals that the market's biggest winners tend to have an 80 or higher RS Rating in the early stages of their moves. See if Ameris Bancorp can continue to show renewed price strength and hit that benchmark.
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Top and bottom line growth moved higher last quarter. Earnings were up 29%, compared to 19% in the prior report. Revenue increased from 5% to 11%.
The company earns the No. 30 rank among its peers in the Banks-Southeast industry group. USCB Financial Holdings, ServisFirst Bancshares and BayFirst Financial are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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