vs

Side-by-side financial comparison of Ameris Bancorp (ABCB) and IONIS PHARMACEUTICALS INC (IONS). Click either name above to swap in a different company.

Ameris Bancorp is the larger business by last-quarter revenue ($314.4M vs $203.3M, roughly 1.5× IONIS PHARMACEUTICALS INC). Ameris Bancorp runs the higher net margin — 35.1% vs -112.8%, a 148.0% gap on every dollar of revenue. On growth, Ameris Bancorp posted the faster year-over-year revenue change (10.0% vs -10.3%). Over the past eight quarters, IONIS PHARMACEUTICALS INC's revenue compounded faster (30.4% CAGR vs 2.3%).

Ameris Bancorp is an American bank holding company headquartered in Atlanta, Georgia. Through its bank subsidiary, Ameris Bank, the company operates full-service branches in Georgia, Alabama, Florida, North Carolina and South Carolina, and mortgage-only locations in Georgia, Alabama, Florida, North Carolina, South Carolina, Virginia, Maryland, and Tennessee. The company offers online and mobile banking options for both consumers and businesses.

Ionis Pharmaceuticals, Inc. is a biotechnology company that specializes in discovering and developing antisense therapy, as well as RNA interference and CRISPR therapeutics. The company was founded in 1989 is based in Carlsbad, California. The company was previously known as Isis Pharmaceuticals until December 2015.

ABCB vs IONS — Head-to-Head

Bigger by revenue
ABCB
ABCB
1.5× larger
ABCB
$314.4M
$203.3M
IONS
Growing faster (revenue YoY)
ABCB
ABCB
+20.2% gap
ABCB
10.0%
-10.3%
IONS
Higher net margin
ABCB
ABCB
148.0% more per $
ABCB
35.1%
-112.8%
IONS
Faster 2-yr revenue CAGR
IONS
IONS
Annualised
IONS
30.4%
2.3%
ABCB

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ABCB
ABCB
IONS
IONS
Revenue
$314.4M
$203.3M
Net Profit
$110.5M
$-229.4M
Gross Margin
96.1%
Operating Margin
-105.5%
Net Margin
35.1%
-112.8%
Revenue YoY
10.0%
-10.3%
Net Profit YoY
-119.8%
EPS (diluted)
$1.63
$-1.35

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ABCB
ABCB
IONS
IONS
Q1 26
$314.4M
Q4 25
$307.1M
$203.3M
Q3 25
$314.2M
$156.7M
Q2 25
$300.7M
$452.0M
Q1 25
$285.9M
$131.6M
Q4 24
$290.8M
$226.6M
Q3 24
$283.8M
$133.8M
Q2 24
$300.6M
$225.3M
Net Profit
ABCB
ABCB
IONS
IONS
Q1 26
$110.5M
Q4 25
$108.4M
$-229.4M
Q3 25
$106.0M
$-128.6M
Q2 25
$109.8M
$123.6M
Q1 25
$87.9M
$-146.9M
Q4 24
$94.4M
$-104.3M
Q3 24
$99.2M
$-140.5M
Q2 24
$90.8M
$-66.3M
Gross Margin
ABCB
ABCB
IONS
IONS
Q1 26
Q4 25
96.1%
Q3 25
98.5%
Q2 25
99.1%
Q1 25
98.9%
Q4 24
98.3%
Q3 24
99.2%
Q2 24
98.2%
Operating Margin
ABCB
ABCB
IONS
IONS
Q1 26
Q4 25
45.9%
-105.5%
Q3 25
43.6%
-102.2%
Q2 25
47.4%
30.9%
Q1 25
39.5%
-111.6%
Q4 24
43.3%
-48.9%
Q3 24
44.4%
-111.1%
Q2 24
42.1%
-29.3%
Net Margin
ABCB
ABCB
IONS
IONS
Q1 26
35.1%
Q4 25
44.2%
-112.8%
Q3 25
33.7%
-82.1%
Q2 25
36.5%
27.3%
Q1 25
30.8%
-111.6%
Q4 24
42.5%
-46.1%
Q3 24
35.0%
-105.0%
Q2 24
30.2%
-29.4%
EPS (diluted)
ABCB
ABCB
IONS
IONS
Q1 26
$1.63
Q4 25
$1.59
$-1.35
Q3 25
$1.54
$-0.80
Q2 25
$1.60
$0.70
Q1 25
$1.27
$-0.93
Q4 24
$1.35
$-0.66
Q3 24
$1.44
$-0.95
Q2 24
$1.32
$-0.45

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ABCB
ABCB
IONS
IONS
Cash + ST InvestmentsLiquidity on hand
$2.7B
Total DebtLower is stronger
$1.8B
Stockholders' EquityBook value
$4.1B
$489.1M
Total Assets
$28.1B
$3.5B
Debt / EquityLower = less leverage
3.71×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABCB
ABCB
IONS
IONS
Q1 26
Q4 25
$2.7B
Q3 25
$2.2B
Q2 25
$2.3B
Q1 25
$2.1B
Q4 24
$2.3B
Q3 24
$2.5B
Q2 24
$2.1B
Total Debt
ABCB
ABCB
IONS
IONS
Q1 26
Q4 25
$1.8B
Q3 25
Q2 25
Q1 25
Q4 24
$1.3B
Q3 24
Q2 24
Stockholders' Equity
ABCB
ABCB
IONS
IONS
Q1 26
$4.1B
Q4 25
$4.1B
$489.1M
Q3 25
$4.0B
$618.0M
Q2 25
$3.9B
$631.7M
Q1 25
$3.8B
$475.7M
Q4 24
$3.8B
$588.4M
Q3 24
$3.7B
$662.5M
Q2 24
$3.6B
$263.7M
Total Assets
ABCB
ABCB
IONS
IONS
Q1 26
$28.1B
Q4 25
$27.5B
$3.5B
Q3 25
$27.1B
$3.0B
Q2 25
$26.7B
$3.0B
Q1 25
$26.5B
$2.8B
Q4 24
$26.3B
$3.0B
Q3 24
$26.4B
$3.1B
Q2 24
$26.5B
$2.7B
Debt / Equity
ABCB
ABCB
IONS
IONS
Q1 26
Q4 25
3.71×
Q3 25
Q2 25
Q1 25
Q4 24
2.13×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ABCB
ABCB
IONS
IONS
Operating Cash FlowLast quarter
$-137.7M
Free Cash FlowOCF − Capex
$-159.0M
FCF MarginFCF / Revenue
-78.2%
Capex IntensityCapex / Revenue
10.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-320.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABCB
ABCB
IONS
IONS
Q1 26
Q4 25
$390.2M
$-137.7M
Q3 25
$104.9M
$-131.4M
Q2 25
$61.4M
$151.3M
Q1 25
$116.9M
$-150.8M
Q4 24
$154.2M
$-116.1M
Q3 24
$102.2M
$-115.0M
Q2 24
$-97.1M
$-119.9M
Free Cash Flow
ABCB
ABCB
IONS
IONS
Q1 26
Q4 25
$369.6M
$-159.0M
Q3 25
$100.5M
$-136.7M
Q2 25
$53.7M
$139.0M
Q1 25
$114.2M
$-163.4M
Q4 24
$140.7M
$-141.6M
Q3 24
$99.8M
$-124.0M
Q2 24
$-100.3M
$-126.1M
FCF Margin
ABCB
ABCB
IONS
IONS
Q1 26
Q4 25
120.4%
-78.2%
Q3 25
32.0%
-87.2%
Q2 25
17.9%
30.8%
Q1 25
39.9%
-124.1%
Q4 24
48.4%
-62.5%
Q3 24
35.2%
-92.7%
Q2 24
-33.4%
-56.0%
Capex Intensity
ABCB
ABCB
IONS
IONS
Q1 26
Q4 25
6.7%
10.5%
Q3 25
1.4%
3.4%
Q2 25
2.5%
2.7%
Q1 25
0.9%
9.6%
Q4 24
4.6%
11.3%
Q3 24
0.8%
6.8%
Q2 24
1.1%
2.8%
Cash Conversion
ABCB
ABCB
IONS
IONS
Q1 26
Q4 25
3.60×
Q3 25
0.99×
Q2 25
0.56×
1.22×
Q1 25
1.33×
Q4 24
1.63×
Q3 24
1.03×
Q2 24
-1.07×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ABCB
ABCB

Segment breakdown not available.

IONS
IONS

Products$58.0M29%
Spinraza Royalties$54.0M27%
Collaborative Agreement Revenue$52.4M26%
Wainus Royalties$16.0M8%
Wainua Joint Development Revenue$9.6M5%
Other Commercial$7.6M4%
Other Royalties$5.7M3%

Related Comparisons