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Ameris Bancorp (ABCB - Free Report) came out with quarterly earnings of $1.6 per share, missing the Zacks Consensus Estimate of $1.66 per share. This compares to earnings of $1.59 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -3.61%. A quarter ago, it was expected that this bank would post earnings of $1.54 per share when it actually produced earnings of $1.63, delivering a surprise of +5.84%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Ameris Bancorp, which belongs to the Zacks Banks - Southeast industry, posted revenues of $334.36 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 3.79%. This compares to year-ago revenues of $301.65 million. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Ameris Bancorp shares have added about 21% since the beginning of the year versus the S&P 500's gain of 9.6%.

What's Next for Ameris Bancorp?While Ameris Bancorp has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Ameris Bancorp was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.70 on $329.5 million in revenues for the coming quarter and $6.68 on $1.29 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Southeast is currently in the top 31% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the broader Zacks Finance sector, Navient (NAVI - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on August 6.

This student loan servicing company is expected to post quarterly earnings of $0.19 per share in its upcoming report, which represents a year-over-year change of -9.5%. The consensus EPS estimate for the quarter has been revised 18.2% lower over the last 30 days to the current level.

Navient's revenues are expected to be $129.07 million, down 1.5% from the year-ago quarter.

Wall Street analysts forecast that Ameris Bancorp (ABCB - Free Report) will report quarterly earnings of $1.66 per share in its upcoming release, pointing to a year-over-year increase of 4.4%. It is anticipated that revenues will amount to $322.17 million, exhibiting an increase of 6.8% compared to the year-ago quarter.

Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.4% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.

Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.

While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.

Bearing this in mind, let's now explore the average estimates of specific Ameris Bancorp metrics that are commonly monitored and projected by Wall Street analysts.

The combined assessment of analysts suggests that 'Net interest margin (TE)' will likely reach 3.8%. Compared to the present estimate, the company reported 3.8% in the same quarter last year.

According to the collective judgment of analysts, 'Efficiency ratio' should come in at 49.3%. The estimate compares to the year-ago value of 51.6%.

The average prediction of analysts places 'Book value per share (period end)' at $62.03 . Compared to the current estimate, the company reported $57.02 in the same quarter of the previous year.

Analysts predict that the 'Average Balances - Total Earning Assets' will reach $26.11 billion. The estimate compares to the year-ago value of $24.77 billion.

Analysts expect 'Net Interest Income (TE)' to come in at $248.83 million. Compared to the present estimate, the company reported $232.74 million in the same quarter last year.

The consensus among analysts is that 'Total Non-Interest Income' will reach $73.67 million. Compared to the current estimate, the company reported $68.91 million in the same quarter of the previous year.

The collective assessment of analysts points to an estimated 'Net Interest Income' of $249.35 million. Compared to the current estimate, the company reported $231.81 million in the same quarter of the previous year.

View all Key Company Metrics for Ameris Bancorp here>>>

Shares of Ameris Bancorp have demonstrated returns of +2.6% over the past month compared to the Zacks S&P 500 composite's +0.3% change. With a Zacks Rank #4 (Sell), ABCB is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Wall Street expects a year-over-year increase in earnings on higher revenues when Ameris Bancorp (ABCB - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 23. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis bank is expected to post quarterly earnings of $1.66 per share in its upcoming report, which represents a year-over-year change of +4.4%.

Revenues are expected to be $322.17 million, up 6.8% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.39% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Ameris Bancorp?For Ameris Bancorp, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.20%.

On the other hand, the stock currently carries a Zacks Rank of #4.

So, this combination makes it difficult to conclusively predict that Ameris Bancorp will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Ameris Bancorp would post earnings of $1.54 per share when it actually produced earnings of $1.63, delivering a surprise of +5.84%.

Over the last four quarters, the company has beaten consensus EPS estimates four times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Ameris Bancorp doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

An Industry Player's Expected ResultsAmong the stocks in the Zacks Banks - Southeast industry, Stock Yards Bancorp (SYBT - Free Report) , is soon expected to post earnings of $1.17 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +1.7%. This quarter's revenue is expected to be $111.3 million, up 13.7% from the year-ago quarter.

Over the last 30 days, the consensus EPS estimate for Stock Yards has been revised 0.8% down to the current level. Nevertheless, the company now has an Earnings ESP of -4.29%, reflecting a lower Most Accurate Estimate.

When combined with a Zacks Rank of #3 (Hold), this Earnings ESP makes it difficult to conclusively predict that Stock Yards will beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

ATLANTA--(BUSINESS WIRE)--In commemoration of America's 250th birthday, Ameris Bank is donating $25,000 to the University of North Georgia (UNG) to support education for the nation's up-and-coming military leaders. The funds will enable 25 high school students to attend the university's National Leadership Challenge weekend event, along with 10 scholarships of $2,000 each for entering freshman cadets. “We wanted to honor the nation in a way that is meaningful with lasting benefits,” said Ameris.

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ATLANTA--(BUSINESS WIRE)--Ameris Bank today announced plans to establish operations in Nashville, Tenn., expanding its commercial banking presence in one of the Southeast’s fastest-growing markets. The company plans to open a Nashville office by year-end and is already serving commercial and mortgage customers throughout the region.

Leading the expansion is Justin McClain, who joins Ameris Bank as Nashville market leader and will report to Ameris Bank President Lawton Bassett. McClain brings nearly two decades of banking experience and extensive knowledge of the Middle Tennessee market.

“Justin is a proven banking leader with a deep understanding of the Nashville business community and a strong commitment to client service,” said Bassett. “He will play an important role as we establish our presence in the market and bring Ameris Bank’s relationship-focused approach to businesses, professionals and families across the region.”

McClain will be joined by experienced bankers Charlie Ogden and Jesse Lee. Together, the Nashville team brings decades of commercial banking experience and strong local market knowledge to support the financial needs of businesses and individuals throughout Middle Tennessee.

“Nashville continues to experience tremendous economic growth, creating opportunities for businesses and communities alike,” Bassett said. “Our team is committed to delivering personalized financial solutions, local decision-making and responsive service to help our customers achieve their goals.”

The Nashville expansion reflects Ameris Bank’s continued strategy of investing in high-growth markets across the Southeast while maintaining its focus on relationship banking and exceptional customer service.

Ameris Bank has served customers across the Southeast for more than 50 years. The company operates 163 full-service banking locations and provides commercial banking, mortgage banking and specialized financial services nationwide. Ameris Bank was recently named to Forbes’ list of America’s Best Banks for 2026.

About Ameris Bank

Ameris Bank, a subsidiary of Ameris Bancorp (NYSE: ABCB), is a state-chartered bank headquartered in Atlanta, Georgia. Ameris operates financial centers in five southeastern states and serves consumer and business customers nationwide through select lending channels. Ameris manages $28.1 billion in assets as of March 31, 2026, and provides a full range of traditional banking and lending products, treasury and cash management, insurance premium financing, and mortgage and refinancing services. Learn more about Ameris at amerisbank.com.

More News From Ameris Bank

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Algert Global LLC lifted its position in Ameris Bancorp (NASDAQ: ABCB) by 11.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 271,689 shares of the bank's stock after buying an additional 27,940 shares during the period. Algert Global

Congress Asset Management Co. increased its stake in shares of Ameris Bancorp (NASDAQ: ABCB) by 2.8% during the undefined quarter, according to the company in its most recent filing with the SEC. The fund owned 996,786 shares of the bank's stock after purchasing an additional 27,106 shares during the quarter. Congress Asset Management

ATLANTA--(BUSINESS WIRE)--Ameris Bancorp (NYSE: ABCB) (the “Company”) announced today that it intends to release its first quarter 2026 financial results in a press release after the market closes on Thursday, April 23, 2026. H. Palmer Proctor, Jr., Chief Executive Officer, Nicole S. Stokes, Chief Financial Officer, and Douglas D. Strange, Chief Credit Officer, will host a teleconference at 9:00 a.m. Eastern time on Friday, April 24, 2026 to discuss the Company's results and answer appropriate.

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has Ameris Bancorp (ABCB - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.

Ameris Bancorp is one of 837 companies in the Finance group. The Finance group currently sits at #4 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Ameris Bancorp is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for ABCB's full-year earnings has moved 3% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Based on the most recent data, ABCB has returned 6.4% so far this year. In comparison, Finance companies have returned an average of -5.9%. This means that Ameris Bancorp is performing better than its sector in terms of year-to-date returns.

Another stock in the Finance sector, Allstate (ALL - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 0.1%.

Over the past three months, Allstate's consensus EPS estimate for the current year has increased 8.9%. The stock currently has a Zacks Rank #1 (Strong Buy).

Looking more specifically, Ameris Bancorp belongs to the Banks - Southeast industry, which includes 53 individual stocks and currently sits at #60 in the Zacks Industry Rank.

On the other hand, Allstate belongs to the Insurance - Property and Casualty industry. This 40-stock industry is currently ranked #40.

Investors interested in the Finance sector may want to keep a close eye on Ameris Bancorp and Allstate as they attempt to continue their solid performance.

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Ameris Bancorp (ABCB - Free Report) . This company, which is in the Zacks Banks - Southeast industry, shows potential for another earnings beat.

When looking at the last two reports, this bank has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 3.00%, on average, in the last two quarters.

For the last reported quarter, Ameris Bancorp came out with earnings of $1.59 per share versus the Zacks Consensus Estimate of $1.56 per share, representing a surprise of 1.92%. For the previous quarter, the company was expected to post earnings of $1.47 per share and it actually produced earnings of $1.53 per share, delivering a surprise of 4.08%.

Price and EPS Surprise

For Ameris Bancorp, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank.

Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Ameris Bancorp has an Earnings ESP of +0.33% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #2 (Buy), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on April 23, 2026.

With the Earnings ESP metric, it's important to note that a negative value reduces its predictive power; however, a negative Earnings ESP does not indicate an earnings miss.

Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate.

Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

On April 17, 2026, Ameris Bancorp (ABCB) shares rose 3.2% to a current price of $85.28. Over the past year, the stock has shown significant momentum, trading wi

ATLANTA--(BUSINESS WIRE)--Ameris Bancorp (NYSE: ABCB) (the “Company” or “Ameris”) today reported net income of $110.5 million, or $1.63 per diluted share, for the quarter ended March 31, 2026, compared with $87.9 million, or $1.27 per diluted share, for the quarter ended March 31, 2025.

Commenting on the Company’s results, Palmer Proctor, the Company’s Chief Executive Officer, said, “First quarter was a strong start to the year with our performance metrics continuing to outpace the broader industry. Our ROA expanded to 1.62%, our return on average tangible common equity grew to 14.75% and our margin expanded 3 basis points to 3.88% for the first quarter. The continued focus on expenses across the Company resulted in an efficiency ratio just under 50% despite some seasonal headwinds. Growth was robust with annualized revenue growth in the high single digits and annualized loan and deposit growth in the mid-single digits. We were more active in our share repurchase program, buying back almost $75 million of our common stock in the quarter or approximately 1.4% of our outstanding equity. Overall, another solid quarter from Ameris with our focus remaining on profitably growing our franchise across our attractive Southeast markets.”

Net Interest Income and Net Interest Margin

Net interest income on a tax-equivalent basis (TE) was $245.4 million in the first quarter of 2026, a decrease of $903,000, or 0.4%, from last quarter and an increase of $22.6 million, or 10.2%, compared with the first quarter of 2025. The Company's average earning assets increased during the quarter by $265.2 million, or 4.2% annualized, primarily due to an increase of $311.9 million in average portfolio loans outstanding and an increase of $99.7 million in the average balance of investment securities, partially offset by a decrease in average loans held for sale of $142.1 million.

The Company's net interest margin expanded to 3.88% for the first quarter of 2026, a three-basis point increase from 3.85% reported for the fourth quarter of 2025 and a 15-basis point improvement from the 3.73% reported for the first quarter of 2025.

Yields on earning assets decreased four basis points during the quarter to 5.57%, compared with 5.61% in the fourth quarter of 2025. This decrease is primarily related to a two-basis point decrease in yield on portfolio loans outstanding during the first quarter of 2026.

The Company’s total cost of funds decreased seven basis points to 1.88% in the first quarter of 2026, compared with 1.95% in the fourth quarter of 2025, and improved 18 basis points compared with the first quarter of 2025. Deposit costs decreased 11 basis points during the first quarter of 2026 to 1.76%, compared with 1.87% in the fourth quarter of 2025. Costs of interest-bearing deposits during the quarter were 2.50%, a decrease of 16 basis points compared with the fourth quarter of 2025.

Noninterest Income

Noninterest income increased $8.1 million, or 13.1%, in the first quarter of 2026 to $69.9 million, compared with $61.8 million for the fourth quarter of 2025. Mortgage banking activity increased $5.1 million, or 16.1%, to $37.0 million in the first quarter of 2026, compared with $31.9 million for the fourth quarter of 2025. Total production in the retail mortgage division seasonally decreased $128.4 million, or 10.6%, to $1.09 billion in the first quarter of 2026, compared with $1.22 billion for the fourth quarter of 2025. The retail mortgage open pipeline was $632.7 million at the end of the first quarter of 2026, compared with $701.9 million for the fourth quarter of 2025. Gain on sale spreads decreased to 2.08% in the first quarter of 2026 from 2.20% for the fourth quarter of 2025. Other noninterest income increased $2.8 million, or 44.4%, in the first quarter of 2026 to $9.1 million, compared with $6.3 million for the fourth quarter of 2025. This increase is primarily due to a $1.1 million loss on the sale of mortgage servicing rights and a $910,000 servicing right impairment in the fourth quarter of 2025, both of which did not recur in the current quarter, and an $837,000 increase in gain on sale of SBA loans in the first quarter of 2026 compared with the fourth quarter of 2025.

Noninterest Expense

Noninterest expense increased $14.0 million, or 9.8%, to $157.1 million during the first quarter of 2026, compared with $143.1 million for the fourth quarter of 2025. The increase was primarily driven by cyclical increases in payroll tax and 401(k) expenses totaling $4.9 million, an increase in incentives of $4.3 million, an increase in advertising and marketing expenses of $1.3 million, an increase of $1.1 million in FDIC assessment expense and an increase in donations of $1.0 million. Management continues to deliver high performing operating efficiency, with an efficiency ratio of 49.97% in the first quarter of 2026, compared with 46.59% in the fourth quarter of 2025 and 52.83% in the first quarter of 2025.

Income Tax Expense

The Company's effective tax rate for the first quarter of 2026 was 21.5%, compared with 23.2% for the fourth quarter of 2025. The decreased rate resulted primarily from the excess benefit of share-based compensation awards that vested during the first quarter of 2026.

Balance Sheet Trends

Total assets at March 31, 2026 were $28.11 billion, compared with $27.52 billion at December 31, 2025. During the first quarter of 2026, loans, net of unearned income, increased by $314.5 million, or 5.9% annualized, compared with $21.51 billion at December 31, 2025. Unfunded commitments increased $298.7 million during the first quarter of 2026, due to strong production in construction and warehouse lending during the quarter. Loans held for sale decreased to $496.6 million at March 31, 2026 from $623.2 million at December 31, 2025. Debt securities available-for-sale amounted to $2.35 billion, compared with $2.21 billion at December 31, 2025.

At March 31, 2026, total deposits amounted to $22.64 billion, compared with $22.38 billion at December 31, 2025. During the first quarter of 2026, deposits grew $260.7 million, with noninterest-bearing accounts increasing $322.8 million, interest-bearing demand accounts increasing $168.1 million, brokered CDs increasing $143.9 million and savings accounts increasing $9.0 million. Such increases were offset by decreases in money market accounts of $330.5 million and retail CDs of $52.7 million. Noninterest-bearing accounts as a percentage of total deposits increased, such that at March 31, 2026, noninterest-bearing deposit accounts represented $6.75 billion, or 29.8% of total deposits, compared with $6.43 billion, or 28.7% of total deposits, at December 31, 2025.

Shareholders’ equity at March 31, 2026 totaled $4.08 billion, an increase of $6.1 million, or 0.1%, from December 31, 2025. The increase in shareholders’ equity was primarily the result of earnings of $110.5 million during the first quarter of 2026, largely offset by dividends declared, share repurchases and a decrease in accumulated other comprehensive income of $9.8 million resulting from changes in interest rates on the Company's investment portfolio. Tangible book value per share(1) increased $0.61 per share, or 5.6% annualized, during the first quarter of 2026 to $44.79 at March 31, 2026. Tangible common equity as a percentage of tangible assets was 11.15% at March 31, 2026, compared with 11.37% at the end of 2025. The Company repurchased 950,400 shares of its common stock in the quarter ending March 31, 2026.

Credit Quality

During the first quarter of 2026, the Company recorded a provision for credit losses of $16.6 million, compared with a provision of $23.0 million in the fourth quarter of 2025. The allowance for credit losses on loans was 1.62% of loans at March 31, 2026, unchanged from the end of 2025. Nonperforming assets as a percentage of total assets increased one basis point to 0.45% during the quarter. Approximately $34.5 million, or 27.0%, of the nonperforming assets at March 31, 2026 were GNMA-guaranteed mortgage loans, which present minimal loss exposure for the Company. Excluding these government-guaranteed loans, nonperforming assets as a percentage of total assets decreased two basis points to 0.33% at March 31, 2026, compared with 0.35% at the end of the fourth quarter of 2025. The net charge-off ratio was 21 basis points for the first quarter of 2026, compared with 26 basis points for the fourth quarter of 2025.

Conference Call

The Company will host a teleconference at 9:00 a.m. Eastern time on Friday, April 24, 2026, to discuss the Company's results and answer appropriate questions. The conference call can be accessed by dialing 1-844-481-2939. The conference call ID is Ameris Bancorp. A replay of the call will be available beginning one hour after the end of the conference call until May 1, 2026. To listen to the replay, dial 1-855-669-9658. The conference replay access code is 4888731. The financial information discussed will be available on the Investor Relations page of the Ameris Bank website at ir.amerisbank.com. Participants also may listen to a live webcast of the presentation by visiting the link on the Investor Relations page of the Ameris Bank website.

About Ameris Bancorp

Ameris Bancorp is the parent of Ameris Bank, a state-chartered bank headquartered in Atlanta, Georgia. Ameris operates financial centers in five southeastern states and also serves consumer and business customers nationwide through select lending channels. Ameris manages $28.1 billion in assets as of March 31, 2026, and provides a full range of traditional banking and lending products, treasury and cash management, insurance premium financing, and mortgage and refinancing services. Learn more about Ameris at www.amerisbank.com.

(1) Considered non-GAAP financial measure - See reconciliation of GAAP to non-GAAP financial measures in tables 9A - 9D.

This news release contains certain performance measures determined by methods other than in accordance with accounting principles generally accepted in the United States of America (“GAAP”). The Company’s management uses these non-GAAP financial measures in its analysis of the Company’s performance. These measures are useful when evaluating the underlying performance and efficiency of the Company’s operations and balance sheet. The Company’s management believes that these non-GAAP financial measures provide a greater understanding of ongoing operations, enhance comparability of results with prior periods and demonstrate the effects of significant gains and charges in the current period. The Company’s management believes that investors may use these non-GAAP financial measures to evaluate the Company’s financial performance without the impact of unusual items that may obscure trends in the Company’s underlying performance. These disclosures should not be viewed as a substitute for financial measures determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP financial measures that may be presented by other companies.

This news release contains forward-looking statements, as defined by federal securities laws, including, among other forward-looking statements, certain plans, expectations and goals. Words such as “may,” “believe,” “expect,” “anticipate,” “intend,” “will,” “should,” “plan,” “estimate,” “predict,” “continue” and “potential” or the negative of these terms or other comparable terminology, as well as similar expressions, are meant to identify forward-looking statements. The forward-looking statements in this news release are based on management's opinions only as of the date hereof and are provided to assist in the understanding of potential future performance. Such forward-looking statements involve numerous assumptions, risks and uncertainties that may cause actual results to differ materially from those expressed or implied in any such statements, including, without limitation, the following: general competitive, economic, unemployment, political and market conditions and fluctuations, including real estate market conditions, and the effects of such conditions and fluctuations on the creditworthiness and payment behavior of borrowers, collateral values, asset recovery values and the value of investment securities; movements in interest rates and their impacts on net interest margin, investment security valuations and other performance measures; expectations on credit quality and performance; legislative and regulatory changes; changes in U.S. government trade, monetary and fiscal policies, including tariffs; competitive pressures on product pricing and services; fraud, theft or other misconduct impacting our customers or operations; cybersecurity risks, including data breaches, malware, ransomware and account takeover; the success and timing of our business strategies and plans; our outlook and long-term goals for future growth; and natural disasters, geopolitical events, acts of war or terrorism or other hostilities, public health crises and other catastrophic events beyond our control. For a discussion of some of the other risks and other factors that may cause such forward-looking statements to differ materially from actual results, please refer to the Company’s filings with the Securities and Exchange Commission, including the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 and the Company's subsequently filed periodic reports and other filings. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update or revise forward-looking statements except as required by law.

AMERIS BANCORP AND SUBSIDIARIES

FINANCIAL TABLES

Financial Highlights

Table 1

Three Months Ended

Mar

Dec

Sep

Jun

Mar

(dollars in thousands except per share data)

2026

2025

2025

2025

2025

EARNINGS

Net income

$

110,492

$

108,356

$

106,029

$

109,834

$

87,935

Adjusted net income(1)

$

110,492

$

108,838

$

104,040

$

109,444

$

88,012

COMMON SHARE DATA

Earnings per share available to common shareholders

Basic

$

1.64

$

1.59

$

1.55

$

1.60

$

1.28

Diluted

$

1.63

$

1.59

$

1.54

$

1.60

$

1.27

Adjusted diluted EPS(1)

$

1.63

$

1.59

$

1.52

$

1.59

$

1.27

Cash dividends per share

$

0.20

$

0.20

$

0.20

$

0.20

$

0.20

Book value per share (period end)

$

60.64

$

59.92

$

58.56

$

57.02

$

55.49

Tangible book value per share (period end)(1)

$

44.79

$

44.18

$

42.90

$

41.32

$

39.78

Weighted average number of shares

Basic

67,540,444

68,022,346

68,401,737

68,594,608

68,785,458

Diluted

67,766,997

68,328,365

68,665,669

68,796,577

69,030,331

Period end number of shares

67,320,298

68,022,316

68,587,742

68,711,043

68,910,924

Market data

High intraday price

$

87.98

$

78.99

$

76.58

$

65.43

$

68.85

Low intraday price

$

73.20

$

68.80

$

64.30

$

48.27

$

55.32

Period end closing price

$

77.99

$

74.27

$

73.31

$

64.70

$

57.57

Average daily volume

558,814

448,341

435,766

416,355

430,737

PERFORMANCE RATIOS

Return on average assets

1.62

%

1.57

%

1.56

%

1.65

%

1.36

%

Adjusted return on average assets(1)

1.62

%

1.58

%

1.53

%

1.64

%

1.36

%

Return on average common equity

10.91

%

10.63

%

10.61

%

11.40

%

9.39

%

Adjusted return on average tangible common equity(1)

14.75

%

14.53

%

14.29

%

15.76

%

13.15

%

Earning asset yield (TE)

5.57

%

5.61

%

5.66

%

5.64

%

5.61

%

Total cost of funds

1.88

%

1.95

%

2.05

%

2.06

%

2.06

%

Net interest margin (TE)

3.88

%

3.85

%

3.80

%

3.77

%

3.73

%

Efficiency ratio

49.97

%

46.59

%

49.19

%

51.63

%

52.83

%

Adjusted efficiency ratio(1)

49.97

%

46.68

%

49.62

%

51.74

%

52.79

%

CAPITAL ADEQUACY (period end)

Shareholders' equity to assets

14.52

%

14.81

%

14.82

%

14.68

%

14.42

%

Tangible common equity to tangible assets(1)

11.15

%

11.37

%

11.31

%

11.09

%

10.78

%

OTHER DATA (period end)

Full time equivalent employees

Banking Division

2,023

2,043

2,068

2,036

2,045

Retail Mortgage Division

528

538

546

550

577

Warehouse Lending Division

7

7

8

8

7

Premium Finance Division

84

85

78

78

81

Total Ameris Bancorp FTE headcount

2,642

2,673

2,700

2,672

2,710

Branch locations

163

163

164

164

164

Deposits per branch location

$

138,876

$

137,276

$

135,537

$

133,736

$

133,612

  (1)Considered non-GAAP financial measure - See reconciliation of GAAP to non-GAAP financial measures in tables 9A - 9D

AMERIS BANCORP AND SUBSIDIARIES

FINANCIAL TABLES

Income Statement

Table 2

Three Months Ended

Mar

Dec

Sep

Jun

Mar

(dollars in thousands except per share data)

2026

2025

2025

2025

2025

Interest income

Interest and fees on loans

$

317,883

$

323,833

$

321,457

$

315,893

$

304,168

Interest on taxable securities

25,474

24,886

23,253

20,696

18,492

Interest on nontaxable securities

374

422

343

334

329

Interest on deposits in other banks

8,040

8,922

9,993

10,715

10,789

Total interest income

351,771

358,063

355,046

347,638

333,778

Interest expense

Interest on deposits

96,227

105,314

106,851

106,796

105,215

Interest on other borrowings

11,108

7,442

10,231

9,029

6,724

Total interest expense

107,335

112,756

117,082

115,825

111,939

Net interest income

244,436

245,307

237,964

231,813

221,839

Provision for loan losses

17,895

16,601

11,176

3,110

16,519

Provision for unfunded commitments

(1,338

)

6,348

11,446

(335

)

5,373

Provision for other credit losses

(6

)

1

8

(3

)

—

Provision for credit losses

16,551

22,950

22,630

2,772

21,892

Net interest income after provision for credit losses

227,885

222,357

215,334

229,041

199,947

Noninterest income

Service charges on deposit accounts

13,679

14,088

13,931

13,493

13,133

Mortgage banking activity

37,008

31,874

40,666

39,221

35,254

Other service charges, commissions and fees

1,027

1,102

1,124

1,158

1,109

Gain on securities

—

12

1,581

—

40

Equipment finance activity

9,086

8,434

8,858

6,572

6,698

Other noninterest income

9,120

6,317

10,114

8,467

7,789

Total noninterest income

69,920

61,827

76,274

68,911

64,023

Noninterest expense

Salaries and employee benefits

91,366

81,997

90,948

89,308

86,615

Occupancy and equipment

11,625

11,321

11,524

11,401

10,677

Data processing and communications expenses

16,793

16,236

16,058

15,366

14,855

Credit resolution-related expenses(1)

509

953

770

657

765

Advertising and marketing

3,296

1,984

3,377

3,745

2,883

Amortization of intangible assets

3,393

3,879

3,879

4,076

4,103

Loan servicing expenses

7,380

7,267

8,142

7,897

7,823

Other noninterest expenses

22,718

19,453

19,868

22,810

23,313

Total noninterest expense

157,080

143,090

154,566

155,260

151,034

Income before income tax expense

140,725

141,094

137,042

142,692

112,936

Income tax expense

30,233

32,738

31,013

32,858

25,001

Net income

$

110,492

$

108,356

$

106,029

$

109,834

$

87,935

Diluted earnings per common share

$

1.63

$

1.59

$

1.54

$

1.60

$

1.27

(1) Includes expenses associated with problem loans and OREO, as well as OREO losses and writedowns.

AMERIS BANCORP AND SUBSIDIARIES

FINANCIAL TABLES

Period End Balance Sheet

Table 3

Mar

Dec

Sep

Jun

Mar

(dollars in thousands)

2026

2025

2025

2025

2025

Assets

Cash and due from banks

$

235,114

$

253,807

$

216,927

$

249,676

$

253,289

Interest-bearing deposits in banks

1,094,185

835,113

826,237

920,594

1,039,111

Debt securities available-for-sale, at fair value

2,353,396

2,207,173

2,131,671

1,871,298

1,943,011

Debt securities held-to-maturity, at amortized cost

202,550

203,242

202,581

176,487

173,757

Other investments

100,718

85,443

70,644

69,910

65,630

Loans held for sale

496,629

623,152

604,136

544,091

545,388

Loans, net of unearned income

21,827,980

21,513,522

21,258,374

21,041,497

20,706,644

Allowance for credit losses

(354,682

)

(348,141

)

(345,294

)

(341,567

)

(345,555

)

Loans, net

21,473,298

21,165,381

20,913,080

20,699,930

20,361,089

Other real estate owned

3,091

2,918

3,137

1,825

863

Premises and equipment, net

216,397

213,097

211,567

211,434

207,895

Goodwill

1,015,646

1,015,646

1,015,646

1,015,646

1,015,646

Other intangible assets, net

51,430

54,824

58,703

62,582

66,658

Cash value of bank owned life insurance

424,164

420,583

417,096

414,381

410,890

Other assets

443,317

435,500

428,404

442,299

431,713

Total assets

$

28,109,935

$

27,515,879

$

27,099,829

$

26,680,153

$

26,514,940

Liabilities

Deposits

Noninterest-bearing

$

6,748,976

$

6,426,145

$

6,757,233

$

6,800,519

$

6,744,781

Interest-bearing

15,887,764

15,949,850

15,470,845

15,132,156

15,167,628

Total deposits

22,636,740

22,375,995

22,228,078

21,932,675

21,912,409

Other borrowings

887,974

558,039

337,094

376,700

276,744

Subordinated deferrable interest debentures

134,801

134,302

133,804

133,306

132,807

Other liabilities

368,293

371,515

384,152

319,794

369,178

Total liabilities

24,027,808

23,439,851

23,083,128

22,762,475

22,691,138

Shareholders' Equity

Preferred stock

—

—

—

—

—

Common stock

73,252

72,898

72,900

72,897

72,885

Capital stock

1,973,881

1,971,131

1,968,124

1,964,896

1,961,732

Retained earnings

2,307,358

2,210,385

2,115,712

2,023,493

1,927,489

Accumulated other comprehensive income (loss), net of tax

(1,476

)

8,312

5,171

(6,886

)

(14,430

)

Treasury stock

(270,888

)

(186,698

)

(145,206

)

(136,722

)

(123,874

)

Total shareholders' equity

4,082,127

4,076,028

4,016,701

3,917,678

3,823,802

Total liabilities and shareholders' equity

$

28,109,935

$

27,515,879

$

27,099,829

$

26,680,153

$

26,514,940

Other Data

Earning assets

$

26,075,458

$

25,467,645

$

25,093,643

$

24,623,877

$

24,473,541

Intangible assets

1,067,076

1,070,470

1,074,349

1,078,228

1,082,304

Interest-bearing liabilities

16,910,539

16,642,191

15,941,743

15,642,162

15,577,179

Average assets

27,672,313

27,394,953

26,972,134

26,757,322

26,229,423

Average common shareholders' equity

4,107,670

4,044,338

3,964,207

3,865,031

3,798,149

AMERIS BANCORP AND SUBSIDIARIES

FINANCIAL TABLES

Asset Quality Information

Table 4

Three Months Ended

Mar

Dec

Sep

Jun

Mar

(dollars in thousands)

2026

2025

2025

2025

2025

Allowance for Credit Losses

Balance at beginning of period

$

401,558

$

392,362

$

377,181

$

381,507

$

368,663

Provision for loan losses

17,895

16,601

11,176

3,110

16,519

Provision for unfunded commitments

(1,338

)

6,348

11,446

(335

)

5,373

Provision for other credit losses

(6

)

1

8

(3

)

—

Provision for credit losses

16,551

22,950

22,630

2,772

21,892

Charge-offs

17,527

19,575

13,631

14,227

15,383

Recoveries

6,173

5,821

6,182

7,129

6,335

Net charge-offs (recoveries)

11,354

13,754

7,449

7,098

9,048

Ending balance

$

406,755

$

401,558

$

392,362

$

377,181

$

381,507

Allowance for loan losses

$

354,682

$

348,141

$

345,294

$

341,567

$

345,555

Allowance for unfunded commitments

52,004

53,342

46,994

35,548

35,883

Allowance for other credit losses

69

75

74

66

69

Total allowance for credit losses

$

406,755

$

401,558

$

392,362

$

377,181

$

381,507

Non-Performing Assets

Nonaccrual portfolio loans

$

81,969

$

84,711

$

77,257

$

75,286

$

86,229

Other real estate owned

3,091

2,918

3,137

1,825

863

Repossessed assets

4

4

3

2

—

Accruing loans delinquent 90 days or more

8,230

8,492

9,325

8,415

14,930

Non-performing portfolio assets

$

93,294

$

96,125

$

89,722

$

85,528

$

102,022

Serviced GNMA-guaranteed mortgage nonaccrual loans

34,489

24,347

19,706

11,733

13,441

Total non-performing assets

$

127,783

$

120,472

$

109,428

$

97,261

$

115,463

Asset Quality Ratios

Non-performing portfolio assets as a percent of total assets

0.33

%

0.35

%

0.33

%

0.32

%

0.38

%

Total non-performing assets as a percent of total assets

0.45

%

0.44

%

0.40

%

0.36

%

0.44

%

Net charge-offs as a percent of average loans (annualized)

0.21

%

0.26

%

0.14

%

0.14

%

0.18

%

AMERIS BANCORP AND SUBSIDIARIES

FINANCIAL TABLES

Loan Information

Table 5

Mar

Dec

Sep

Jun

Mar

(dollars in thousands)

2026

2025

2025

2025

2025

Loans by Type

Commercial and industrial

$

3,400,837

$

3,288,505

$

3,299,269

$

3,184,211

$

3,075,971

Consumer

166,652

180,010

202,688

209,990

213,902

Mortgage warehouse

1,232,103

1,150,782

1,083,941

1,092,475

891,412

Municipal

420,775

434,234

437,823

436,759

429,227

Premium Finance

1,365,018

1,306,267

1,358,259

1,294,293

1,176,309

Real estate - construction and development

1,564,242

1,469,250

1,411,178

1,485,842

1,842,431

Real estate - commercial and farmland

9,364,885

9,311,405

9,054,927

8,877,750

8,574,626

Real estate - residential

4,313,468

4,373,069

4,410,289

4,460,177

4,502,766

Total loans

$

21,827,980

$

21,513,522

$

21,258,374

$

21,041,497

$

20,706,644

Loans by Risk Grade

Pass

$

21,598,675

$

21,305,745

$

21,058,458

$

20,820,888

$

20,468,496

Other assets especially mentioned

49,359

39,709

37,236

66,677

73,783

Substandard

179,946

168,068

162,680

153,932

164,365

Total loans

$

21,827,980

$

21,513,522

$

21,258,374

$

21,041,497

$

20,706,644

AMERIS BANCORP AND SUBSIDIARIES

FINANCIAL TABLES

Average Balances

Table 6

Three Months Ended

Mar

Dec

Sep

Jun

Mar

(dollars in thousands)

2026

2025

2025

2025

2025

Earning Assets

Interest-bearing deposits in banks

$

879,724

$

884,149

$

883,976

$

951,851

$

980,164

Debt securities - taxable

2,532,669

2,432,934

2,282,470

2,117,596

1,998,226

Debt securities - nontaxable

45,241

45,237

44,823

41,299

41,391

Loans held for sale

616,530

758,588

706,679

730,770

565,531

Loans

21,590,793

21,278,859

21,038,350

20,928,825

20,620,777

Total Earning Assets

$

25,664,957

$

25,399,767

$

24,956,298

$

24,770,341

$

24,206,089

Deposits

Noninterest-bearing deposits

$

6,547,843

$

6,668,120

$

6,849,129

$

6,766,557

$

6,522,784

NOW accounts

4,195,369

4,052,397

3,900,999

3,939,802

3,988,458

MMDA

7,189,981

7,347,897

6,977,134

6,918,382

6,911,554

Savings accounts

760,258

754,439

756,383

766,331

767,148

Retail CDs

2,268,935

2,325,456

2,344,084

2,393,402

2,436,974

Brokered CDs

1,221,181

1,249,020

1,070,735

1,145,043

962,768

Total Deposits

22,183,567

22,397,329

21,898,464

21,929,517

21,589,686

Non-Deposit Funding

  Federal funds purchased and securities sold under agreements to repurchase

1

—

1

—

—

FHLB advances

871,128

423,669

443,243

326,054

149,537

Other borrowings

9,899

9,920

169,994

193,492

193,494

Subordinated deferrable interest debentures

134,537

134,041

133,541

133,043

132,544

Total Non-Deposit Funding

1,015,565

567,630

746,779

652,589

475,575

Total Funding

$

23,199,132

$

22,964,959

$

22,645,243

$

22,582,106

$

22,065,261

AMERIS BANCORP AND SUBSIDIARIES

FINANCIAL TABLES

Interest Income and Interest Expense (TE)

Table 7

Three Months Ended

Mar

Dec

Sep

Jun

Mar

(dollars in thousands)

2026

2025

2025

2025

2025

Interest Income

Interest-bearing deposits in banks

$

8,040

$

8,922

$

9,993

$

10,715

$

10,789

Debt securities - taxable

25,474

24,886

23,253

20,696

18,492

Debt securities - nontaxable (TE)

473

535

434

423

416

Loans held for sale

9,000

11,233

11,237

11,578

9,045

Loans (TE)

309,732

313,467

311,082

305,154

295,964

Total Earning Assets

$

352,719

$

359,043

$

355,999

$

348,566

$

334,706

Interest Expense

Interest-Bearing Deposits

NOW accounts

$

18,106

$

18,508

$

18,230

$

18,144

$

18,306

MMDA

46,737

52,455

54,657

53,469

52,261

Savings accounts

679

734

813

826

830

Retail CDs

18,958

20,567

21,253

21,852

23,245

Brokered CDs

11,747

13,050

11,898

12,505

10,573

Total Interest-Bearing Deposits

96,227

105,314

106,851

106,796

105,215

Non-Deposit Funding

FHLB advances

8,179

4,347

4,863

3,508

1,362

Other borrowings

159

169

2,328

2,499

2,350

Subordinated deferrable interest debentures

2,770

2,926

3,040

3,022

3,012

Total Non-Deposit Funding

11,108

7,442

10,231

9,029

6,724

Total Interest-Bearing Funding

$

107,335

$

112,756

$

117,082

$

115,825

$

111,939

Net Interest Income (TE)

$

245,384

$

246,287

$

238,917

$

232,741

$

222,767

AMERIS BANCORP AND SUBSIDIARIES

FINANCIAL TABLES

Yields(1)

Table 8

Three Months Ended

Mar

Dec

Sep

Jun

Mar

2026

2025

2025

2025

2025

Earning Assets

Interest-bearing deposits in banks

3.71

%

4.00

%

4.48

%

4.52

%

4.46

%

Debt securities - taxable

4.08

%

4.06

%

4.04

%

3.92

%

3.75

%

Debt securities - nontaxable (TE)

4.24

%

4.69

%

3.84

%

4.11

%

4.08

%

Loans held for sale

5.92

%

5.87

%

6.31

%

6.35

%

6.49

%

Loans (TE)

5.82

%

5.84

%

5.87

%

5.85

%

5.82

%

Total Earning Assets

5.57

%

5.61

%

5.66

%

5.64

%

5.61

%

Interest-Bearing Deposits

NOW accounts

1.75

%

1.81

%

1.85

%

1.85

%

1.86

%

MMDA

2.64

%

2.83

%

3.11

%

3.10

%

3.07

%

Savings accounts

0.36

%

0.39

%

0.43

%

0.43

%

0.44

%

Retail CDs

3.39

%

3.51

%

3.60

%

3.66

%

3.87

%

Brokered CDs

3.90

%

4.15

%

4.41

%

4.38

%

4.45

%

Total Interest-Bearing Deposits

2.50

%

2.66

%

2.82

%

2.83

%

2.83

%

Non-Deposit Funding

Federal funds purchased and securities sold under agreements to repurchase

—

%

—

%

—

%

—

%

—

%

FHLB advances

3.81

%

4.07

%

4.35

%

4.32

%

3.69

%

Other borrowings

6.51

%

6.76

%

5.43

%

5.18

%

4.93

%

Subordinated deferrable interest debentures

8.35

%

8.66

%

9.03

%

9.11

%

9.22

%

Total Non-Deposit Funding

4.44

%

5.20

%

5.44

%

5.55

%

5.73

%

Total Interest-Bearing Liabilities

2.61

%

2.74

%

2.94

%

2.94

%

2.92

%

Net Interest Spread

2.96

%

2.87

%

2.72

%

2.70

%

2.69

%

Net Interest Margin(2)

3.88

%

3.85

%

3.80

%

3.77

%

3.73

%

Total Cost of Funds(3)

1.88

%

1.95

%

2.05

%

2.06

%

2.06

%

(1) Interest and average rates are calculated on a tax-equivalent basis using an effective tax rate of 21%.

(2) Rate calculated based on average earning assets.

(3) Rate calculated based on total average funding including noninterest-bearing deposits.

AMERIS BANCORP AND SUBSIDIARIES

FINANCIAL TABLES

Non-GAAP Reconciliations

Adjusted Net Income

Table 9A

Three Months Ended

Mar

Dec

Sep

Jun

Mar

(dollars in thousands except per share data)

2026

2025

2025

2025

2025

Net income available to common shareholders

$

110,492

$

108,356

$

106,029

$

109,834

$

87,935

Adjustment items:

Loss (gain) on sale of MSR

—

1,127

(125

)

(356

)

14

Gain on securities

—

(12

)

(1,581

)

—

(40

)

Servicing right impairment (recovery)

—

910

—

—

—

Gain on BOLI proceeds

—

(220

)

(390

)

—

(11

)

FDIC special assessment

—

(1,136

)

(318

)

(138

)

138

Tax effect of adjustment items (Note 1)

—

(187

)

425

104

(24

)

After tax adjustment items

—

482

(1,989

)

(390

)

77

Adjusted net income

$

110,492

$

108,838

$

104,040

$

109,444

$

88,012

Weighted average number of shares - diluted

67,766,997

68,328,365

68,665,669

68,796,577

69,030,331

Net income per diluted share

$

1.63

$

1.59

$

1.54

$

1.60

$

1.27

Adjusted net income per diluted share

$

1.63

$

1.59

$

1.52

$

1.59

$

1.27

Average assets

$

27,672,313

$

27,394,953

$

26,972,134

$

26,757,322

$

26,229,423

Return on average assets

1.62

%

1.57

%

1.56

%

1.65

%

1.36

%

Adjusted return on average assets

1.62

%

1.58

%

1.53

%

1.64

%

1.36

%

Average common equity

$

4,107,670

$

4,044,338

$

3,964,207

$

3,865,031

$

3,798,149

Average tangible common equity

$

3,039,019

$

2,971,985

$

2,887,961

$

2,784,819

$

2,713,847

Return on average common equity

10.91

%

10.63

%

10.61

%

11.40

%

9.39

%

Return on average tangible common equity

14.75

%

14.46

%

14.57

%

15.82

%

13.14

%

Adjusted return on average tangible common equity

14.75

%

14.53

%

14.29

%

15.76

%

13.15

%

Note 1: Tax effect is calculated utilizing a 21% rate for taxable adjustments. Gain on BOLI proceeds is non-taxable and no tax effect is included.

AMERIS BANCORP AND SUBSIDIARIES

FINANCIAL TABLES

Non-GAAP Reconciliations (continued)

Adjusted Efficiency Ratio

Table 9B

Three Months Ended

Mar

Dec

Sep

Jun

Mar

(dollars in thousands)

2026

2025

2025

2025

2025

Adjusted Noninterest Expense

Total noninterest expense

$

157,080

$

143,090

$

154,566

$

155,260

$

151,034

Adjustment items:

FDIC special assessment

—

1,136

318

138

(138

)

Adjusted noninterest expense

$

157,080

$

144,226

$

154,884

$

155,398

$

150,896

Adjusted Total Revenue

Net interest income

$

244,436

$

245,307

$

237,964

$

231,813

$

221,839

Noninterest income

69,920

61,827

76,274

68,911

64,023

Total revenue

314,356

307,134

314,238

300,724

285,862

Adjustment items:

Gain on securities

—

(12

)

(1,581

)

—

(40

)

(Gain)/loss on sale of MSR

—

1,127

(125

)

(356

)

14

Gain on BOLI proceeds

—

(220

)

(390

)

—

(11

)

Servicing right impairment (recovery)

—

910

—

—

—

Adjusted total revenue

$

314,356

$

308,939

$

312,142

$

300,368

$

285,825

Efficiency ratio

49.97

%

46.59

%

49.19

%

51.63

%

52.83

%

Adjusted efficiency ratio

49.97

%

46.68

%

49.62

%

51.74

%

52.79

%

Tangible Book Value Per Share

Table 9C

Three Months Ended

Mar

Dec

Sep

Jun

Mar

(dollars in thousands except per share data)

2026

2025

2025

2025

2025

Total shareholders' equity

$

4,082,127

$

4,076,028

$

4,016,701

$

3,917,678

$

3,823,802

Less:

Goodwill

1,015,646

1,015,646

1,015,646

1,015,646

1,015,646

Other intangibles, net

51,430

54,824

58,703

62,582

66,658

Total tangible shareholders' equity

$

3,015,051

$

3,005,558

$

2,942,352

$

2,839,450

$

2,741,498

Period end number of shares

67,320,298

68,022,316

68,587,742

68,711,043

68,910,924

Book value per share (period end)

$

60.64

$

59.92

$

58.56

$

57.02

$

55.49

Tangible book value per share (period end)

$

44.79

$

44.18

$

42.90

$

41.32

$

39.78

AMERIS BANCORP AND SUBSIDIARIES

FINANCIAL TABLES

Non-GAAP Reconciliations (continued)

Tangible Common Equity to Tangible Assets ("TCE Ratio")

Table 9D

Mar

Dec

Sep

Jun

Mar

(dollars in thousands except per share data)

2026

2025

2025

2025

2025

Total shareholders' equity

$

4,082,127

$

4,076,028

$

4,016,701

$

3,917,678

$

3,823,802

Less:

Goodwill

1,015,646

1,015,646

1,015,646

1,015,646

1,015,646

Other intangibles, net

51,430

54,824

58,703

62,582

66,658

Total tangible shareholders' equity

$

3,015,051

$

3,005,558

$

2,942,352

$

2,839,450

$

2,741,498

Total assets

$

28,109,935

$

27,515,879

$

27,099,829

$

26,680,153

$

26,514,940

Less:

Goodwill

1,015,646

1,015,646

1,015,646

1,015,646

1,015,646

Other intangibles, net

51,430

54,824

58,703

62,582

66,658

Total tangible assets

$

27,042,859

$

26,445,409

$

26,025,480

$

25,601,925

$

25,432,636

Equity to Assets

14.52

%

14.81

%

14.82

%

14.68

%

14.42

%

Tangible Common Equity to Tangible Assets

11.15

%

11.37

%

11.31

%

11.09

%

10.78

%

AMERIS BANCORP AND SUBSIDIARIES

FINANCIAL TABLES

Segment Reporting

Table 10

Three Months Ended

Mar

Dec

Sep

Jun

Mar

(dollars in thousands)

2026

2025

2025

2025

2025

Retail Mortgage Division

Net interest income

$

16,828

$

19,312

$

20,179

$

22,031

$

21,844

Provision for credit losses

3,074

(3,142

)

529

1,010

5,191

Noninterest income

36,316

30,056

40,081

37,726

34,729

Noninterest expense

Salaries and employee benefits

21,912

21,413

21,589

24,358

20,995

Occupancy and equipment expenses

649

754

760

811

829

Data processing and telecommunications expenses

1,224

1,315

1,232

1,391

1,297

Other noninterest expenses

12,532

11,547

12,480

12,496

11,963

Total noninterest expense

36,317

35,029

36,061

39,056

35,084

Income before income tax expense

13,753

17,481

23,670

19,691

16,298

Income tax expense

2,888

3,671

4,970

4,135

3,423

Net income

$

10,865

$

13,810

$

18,700

$

15,556

$

12,875

Warehouse Lending Division

Net interest income

$

7,594

$

7,430

$

7,474

$

7,091

$

5,902

Provision for credit losses

177

129

23

369

(175

)

Noninterest income

796

736

756

1,893

554

Noninterest expense

Salaries and employee benefits

544

556

566

618

552

Occupancy and equipment expenses

8

7

7

7

7

Data processing and telecommunications expenses

35

54

57

59

38

Other noninterest expenses

179

195

195

96

270

Total noninterest expense

766

812

825

780

867

Income before income tax expense

7,447

7,225

7,382

7,835

5,764

Income tax expense

1,564

1,517

1,550

1,646

1,210

Net income

$

5,883

$

5,708

$

5,832

$

6,189

$

4,554

Premium Finance Division

Net interest income

$

11,647

$

11,802

$

12,251

$

11,190

$

9,880

Provision for credit losses

1,447

926

461

716

456

Noninterest income

17

17

18

17

16

Noninterest expense

Salaries and employee benefits

2,664

2,446

2,492

2,331

2,352

Occupancy and equipment expenses

38

37

39

36

37

Data processing and telecommunications expenses

186

106

101

91

129

Other noninterest expenses

687

1,240

1,075

1,115

969

Total noninterest expense

3,575

3,829

3,707

3,573

3,487

Income before income tax expense

6,642

7,064

8,101

6,918

5,953

Income tax expense

1,384

1,450

1,669

1,410

1,214

Net income

$

5,258

$

5,614

$

6,432

$

5,508

$

4,739

AMERIS BANCORP AND SUBSIDIARIES

FINANCIAL TABLES

Segment Reporting (continued)

Table 10

Three Months Ended

Mar

Dec

Sep

Jun

Mar

(dollars in thousands)

2026

2025

2025

2025

2025

Banking Division

Net interest income

$

208,367

$

206,763

$

198,060

$

191,501

$

184,213

Provision for credit losses

11,853

25,037

21,617

677

16,420

Noninterest income

32,791

31,018

35,419

29,275

28,724

Noninterest expense

Salaries and employee benefits

66,246

57,582

66,301

62,001

62,716

Occupancy and equipment expenses

10,930

10,523

10,718

10,547

9,804

Data processing and telecommunications expenses

15,348

14,761

14,668

13,825

13,391

Other noninterest expenses

23,898

20,554

22,286

25,478

25,685

Total noninterest expense

116,422

103,420

113,973

111,851

111,596

Income before income tax expense

112,883

109,324

97,889

108,248

84,921

Income tax expense

24,397

26,100

22,824

25,667

19,154

Net income

$

88,486

$

83,224

$

75,065

$

82,581

$

65,767

Total Consolidated

Net interest income

$

244,436

$

245,307

$

237,964

$

231,813

$

221,839

Provision for credit losses

16,551

22,950

22,630

2,772

21,892

Noninterest income

69,920

61,827

76,274

68,911

64,023

Noninterest expense

Salaries and employee benefits

91,366

81,997

90,948

89,308

86,615

Occupancy and equipment expenses

11,625

11,321

11,524

11,401

10,677

Data processing and telecommunications expenses

16,793

16,236

16,058

15,366

14,855

Other noninterest expenses

37,296

33,536

36,036

39,185

38,887

Total noninterest expense

157,080

143,090

154,566

155,260

151,034

Income before income tax expense

140,725

141,094

137,042

142,692

112,936

Income tax expense

30,233

32,738

31,013

32,858

25,001

Net income

$

110,492

$

108,356

$

106,029

$

109,834

$

87,935

Category: Earnings

While the top- and bottom-line numbers for Ameris Bancorp (ABCB) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Does Ameris Bancorp (ABCB) have what it takes to be a top stock pick for momentum investors? Let's find out.

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Is Ameris Bancorp (ABCB - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.

Ameris Bancorp is one of 833 companies in the Finance group. The Finance group currently sits at #6 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Ameris Bancorp is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for ABCB's full-year earnings has moved 3.5% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Based on the most recent data, ABCB has returned 15.4% so far this year. Meanwhile, the Finance sector has returned an average of 1.4% on a year-to-date basis. This shows that Ameris Bancorp is outperforming its peers so far this year.

Another Finance stock, which has outperformed the sector so far this year, is Bread Financial Holdings (BFH - Free Report) . The stock has returned 19.6% year-to-date.

Over the past three months, Bread Financial Holdings' consensus EPS estimate for the current year has increased 13.7%. The stock currently has a Zacks Rank #1 (Strong Buy).

Breaking things down more, Ameris Bancorp is a member of the Banks - Southeast industry, which includes 53 individual companies and currently sits at #76 in the Zacks Industry Rank. On average, stocks in this group have gained 5.4% this year, meaning that ABCB is performing better in terms of year-to-date returns.

In contrast, Bread Financial Holdings falls under the Financial - Miscellaneous Services industry. Currently, this industry has 107 stocks and is ranked #101. Since the beginning of the year, the industry has moved -6.9%.

Going forward, investors interested in Finance stocks should continue to pay close attention to Ameris Bancorp and Bread Financial Holdings as they could maintain their solid performance.