CoverageForm 410-K10-Q8-K13D13G13F

ACBI · Atlantic Capital Bancshares, Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Income Statement

Line itemFY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
Revenue------
Cost of Revenue------
Gross Profit------
R&D------
SG&A------
Total Operating Expenses------
D&A$2.40M$1.80M$1.90M$1.60M$2.01M$875.0K
Operating Income$27.15M$35.77M$34.36M$20.65M$21.34M$7.66M
Interest Expense$12.02M$24.98M$18.51M$15.13M$11.51M$3.62M
Income Tax$4.61M$7.61M$6.31M$24.37M$7.95M$2.52M
Net Income$22.54M$49.85M$28.53M($3.73M)$13.39M$5.14M
EPS - Basic$1.06$2.14$1.10($0.15)$0.54$0.38
EPS - Diluted$1.05$2.12$1.09($0.15)$0.53$0.38

Balance Sheet

Line itemFY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
Cash & Equivalents$653.40M$466.33M$268.39M$330.01M$165.72M$223.36M
Accounts Receivable------
Inventory------
Accounts Payable------
Current Assets------
Total Assets$3.62B$2.91B$2.96B$2.89B$2.73B$2.64B
Current Liabilities------
Long-term Debt$73.81M$49.87M$49.70M$49.53M$49.37M$49.20M
Total Liabilities$3.28B$2.58B$2.63B$2.58B$2.42B$2.35B
Stockholders' Equity$338.59M$326.50M$323.65M$308.43M$303.66M$128.08M
Retained Earnings$114.14M$91.67M$42.19M$12.81M$16.54M$3.14M

Cash Flow

Line itemFY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
Operating Cash Flow$84.39M$82.58M$97.58M$85.22M$113.34M$66.80M
Investing Cash Flow($562.05M)($374.07M)($197.62M)($95.14M)($430.06M)($90.54M)
Financing Cash Flow$664.74M$489.43M$38.42M$174.22M$279.56M$25.55M
CapEx$3.43M$1.16M$7.88M$2.11M$1.11M$1.35M
Free Cash Flow$80.96M$81.42M$89.70M$83.11M$112.23M$65.45M

Ratios

MetricFY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
Profitability
Gross margin------
Operating margin------
EBITDA margin------
Net margin------
Free cash flow margin------
FCF / Net income3.591.633.14-22.308.3812.73
R&D / Revenue------
SG&A / Revenue------
Effective tax rate17.0%13.2%18.1%118.0%37.2%32.8%
Return on assets0.6%1.7%1.0%-0.1%0.5%0.2%
Return on equity6.7%15.3%8.8%-1.2%4.4%4.0%
Return on invested capital5.5%8.2%7.5%2.9%3.8%2.9%
Liquidity
Current ratio------
Quick ratio------
Cash ratio------
Leverage
Debt / Equity0.220.150.150.160.160.38
Debt / Assets0.020.020.020.020.020.02
Debt / EBITDA2.501.331.372.232.115.77
Interest coverage2.3x1.4x1.9x1.4x1.9x2.1x
Equity multiplier10.688.919.139.378.9820.60
Liabilities / Assets0.910.890.890.890.890.89
Efficiency
Asset turnover------
Inventory turnover------
Days sales outstanding------
Days inventory outstanding------
Days payable outstanding------
Cash conversion cycle------
Valuation
P / E------
P / B------
P / S------
EV / EBITDA------
Growth
Revenue growth (YoY)------
Revenue CAGR (3y)------
Revenue CAGR (5y)------
Gross profit growth (YoY)------
Operating income growth (YoY)-24.1%4.1%66.4%-3.3%178.7%-
Net income growth (YoY)-54.8%74.7%--160.5%-
EPS growth (YoY)-50.5%94.5%--39.5%-
EPS CAGR (3y)-58.7%42.1%---
EPS CAGR (5y)22.5%-----
FCF growth (YoY)-0.6%-9.2%7.9%-26.0%71.5%-
FCF CAGR (5y)4.3%-----
Book value growth (YoY)3.7%0.9%4.9%1.6%137.1%-

Stability scores

Piotroski F-score

FY 2020 · 9-point quality

4/9
Neutral
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • Long-term debt decreased
  • -Current ratio improved
  • No share dilution
  • -Gross margin improved
  • -Asset turnover improved

Peer comparison

Same SIC group: State Commercial Banks

CompanyRevenue (last FY)Net marginROE
ASB--9.5%
CZNC$5.98M392.0%6.9%
SBSI--8.2%
CBSH--14.9%
BUSE$719.58M18.8%5.5%

Comparing Atlantic Capital Bancshares against the 5 most active filers in the same SIC group.