Ameris Bancorp Announces Third Quarter 2026 Financial Results
Ameris Bancorp reported Q3 2026 net income of $116.1 million, or $1.73 per diluted share, up from $106.0 million, or $1.54, a year earlier. Net interest margin was 3.87%, up 7 bps year-over-year, with return on average assets of 1.61% and the efficiency ratio improving below 50% to 49.32%. Loans grew $173.1 million and deposits $319.4 million during the quarter, while net charge-offs eased to 0.19%. The board authorized a new $200.0 million share repurchase program through October 31, 2027, replenishing a program under which $134.6 million was repurchased in the past 12 months.
Key figures
- Eps
- 1.73
- Revenue Yoy
- 8.2% net interest income growth YoY (TE basis)
- Nim
- 3.87%
- Roa
- 1.61%
- Rotce
- 15.01%
- Net income
- 116093000
- Total loans
- $22.35 billion
- Adjusted eps
- 1.73
- Total assets
- $28.55 billion
- Total deposits
- $22.91 billion
- Ytd net income
- 278031000
- Efficiency ratio
- 49.32%
- Net charge off ratio
- 0.19%
- Buyback authorization
- 200000000
- Eps prior year quarter
- 1.54
- Provision for credit losses
- 12600000
- Net income prior year quarter
- 106029000
- Tangible book value per share
- 45.65
- Buyback repurchased past 12 months
- 134600000
AI analysis
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