Ameris Bancorp (ABCB) Fed Funds Sold (2010 - 2024)
Ameris Bancorp (ABCB) recorded Fed Funds Sold of $1.95 billion in Q1 2024, up 11.2% from $1.75 billion a year earlier and up 4.1% from the prior quarter.
Ameris Bancorp (ABCB) Fed Funds Sold (2010 - 2024) Analysis & Trends
At the end of FY2023, Ameris Bancorp reported Fed Funds Sold of $1.87 billion, up 124.8% from FY2022.
- Annual Fed Funds Sold has a five-year compound annual growth rate of 121.6% (FY2018 to FY2023).
- Across earlier years, Fed Funds Sold came in at $833.57 million in FY2022, $20 million in FY2021 (unchanged), $20 million in FY2020 (-18.1%) and $24.41 million in FY2019 (-30.3%).
- The Q1 2024 figure is the highest quarterly Fed Funds Sold since Q2 2022.
- On a year-over-year basis, Fed Funds Sold has increased for three consecutive quarters, with an average decline of 6.3% over the last seven quarters.
- Peak year-over-year performance for Fed Funds Sold in the last five years was growth of 610.5% in Q2 2021, against a decline of 69.8% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.87 billion (Q4 2023), $1.3 billion (Q3 2023) and $1.03 billion (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - |
| 10 | Ameris Bancorp | 5.34 Bn | 5.34 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 1.95 Bn |
| Dec 31, 2023 | 1.87 Bn |
| Sep 30, 2023 | 1.30 Bn |
| Jun 30, 2023 | 1.03 Bn |
| Mar 31, 2023 | 1.75 Bn |
| Dec 31, 2022 | 833.57 Mn |
| Sep 30, 2022 | 1.06 Bn |
| Jun 30, 2022 | 1.96 Bn |
| Mar 31, 2022 | 3.54 Bn |
| Dec 31, 2021 | 20.00 Mn |
| Sep 30, 2021 | 3.51 Bn |
| Jun 30, 2021 | 3.04 Bn |
| Mar 31, 2021 | 2.53 Bn |
| Dec 31, 2020 | 20.00 Mn |
| Sep 30, 2020 | 494.77 Mn |
| Jun 30, 2020 | 428.56 Mn |
| Mar 31, 2020 | 396.84 Mn |
| Dec 31, 2019 | 24.41 Mn |
| Sep 30, 2019 | 285.71 Mn |
| Jun 30, 2019 | 186.97 Mn |
Ameris Bancorp Fed Funds Sold API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fed-funds-sold&ticker=ABCB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fed-funds-sold", "ticker": "ABCB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fed-funds-sold&ticker=ABCB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();