Ameris Bancorp (ABCB) Form 10-Q — Nov 6, 2026
Ameris Bancorp reported Q3 2026 net income of $116.1 million, or $1.73 per diluted share, up from $106.0 million and $1.54 a year earlier, driven by net interest income growth of 8.25% and a lower provision for credit losses. Net interest margin expanded 7 basis points to 3.87% as deposit costs fell, and gross loans grew 3.9% year-to-date to $22.35 billion. Deposits rose to $22.91 billion. The positive quarter follows a challenging first half: nine-month results include an $84.9 million litigation accrual from a jury verdict in a California employment case, which cut nine-month net income to $278.0 million from $303.8 million a year ago.
Key figures
- Eps
- 1.73
- Revenue
- 0
- Net Income
- 116093000
- Total Assets
- 28549695000
- Cash Position
- 1137170000
- Shares Outstanding
- 67011589
- Cet1 ratio
- 13.18% consolidated
- Gross loans
- $22.35 billion (+3.9% YTD)
- Total deposits
- $22.91 billion
- Nonaccrual loans
- $141.2M (+$32.1M YTD)
- Q3 net income yoy
- +9.5% ($116.1M vs $106.0M)
- Q3 diluted eps 2025
- 1.54
- Buyback authorization
- $200.0 million through October 31, 2027
- Net interest margin q3
- 3.87% (vs 3.80% prior year)
- Retail mortgage pipeline
- $439.9M (vs $609.3M at June 30, 2026)
- Allowance for credit losses
- $362.3M (1.62% of loans)
- Litigation accrual nine months
- $84.9M
AI analysis
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