ABCB

Ameris Bancorp’s second quarter results prompted a negative market reaction, with the company missing Wall Street’s revenue and adjusted profit expectations. Management attributed the quarter’s performance to strong organic loan growth and a stable net interest margin, despite rising deposit costs and a one-time litigation accrual. CEO Palmer Proctor highlighted that “we achieved core profitability levels well ahead of the industry,” and pointed to robust loan production and pipeline strength as key positives. However, increased legal costs and ongoing deposit competition weighed on profitability. Is now the time to buy ABCB? Find out in our full research report (it’s free). Revenue: $318.7 million vs analyst estimates of $323.4 million (5.8% year-on-year growth, 1.4% miss) Adjusted EPS: $1.60 vs analyst expectations of $1.66 (3.6% miss) Market Capitalization: $5.87 billion While we enjoy listening to the management’s commentary, our favorite part of earnings calls is the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Catherine Mealor (KBW) asked about the sustainability of the higher bond portfolio yield. CFO Nicole Stokes explained the yield was boosted by inflation-linked securities and recent trades, but this was a one-off and should moderate in coming quarters. Christopher Marinac (Brean Capital) questioned the outlook for loan loss reserves and capital deployment. Chief Credit Officer Doug Strange confirmed reserves would remain model-driven and stable, while Stokes indicated buybacks would be more opportunistic going forward. Jacob Morton (Stephens) pressed for detail on loan growth by asset class and geography. CEO Palmer Proctor said growth was consistent across all Southeastern markets, with no single region outperforming, and pipelines remain strong. Zita Lopez Wong (D.A. Davidson) sought clarity on deposit cost trends and margin implications. Stokes responded that deposit competition remains intense, especially for interest-bearing accounts, and margin could compress slightly if non-interest-bearing deposit growth slows. Tim Mitchell (Raymond James) inquired about M&A appetite and funding strategy. Proctor affirmed organic growth is the top priority and said Ameris would only consider M&A for exceptional opportunities, preferring to grow within its existing footprint. In the coming quarters, the StockStory team will be watching (1) whether Ameris can sustain loan growth while balancing deposit costs, (2) evidence of margin stability despite continued funding competition, and (3) the initial results from the Nashville market entry. Additionally, ongoing updates on the resolution of the California litigation and trends in non-interest income will be key markers for tracking execution against the company’s strategy. Ameris Bancorp currently trades at $87.87, down from $89.16 just before the earnings. Is the company at an inflection point that warrants a buy or sell? Find out in our full research report (it’s free for active Edge members). ONE MORE THING: Top 5 Growth Stocks. The biggest stock winners almost always had one thing in common before they ran. Revenue growing like crazy. Meta. CrowdStrike. Broadcom. Our AI flagged all three. They returned 315%, 314%, and 455%, respectively. Find out which 5 stocks it’s flagging this month — FREE. Get Our Top 5 Growth Stocks for Free HERE. Stocks that have made our list include now familiar names such as Nvidia (+1,460% between June 2020 and June 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+214% between June 2020 and June 2025). Find your next big winner with StockStory today.

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Ameris Bancorp (ABCB) stock is in focus after the bank reported second quarter 2026 results that showed higher net interest income alongside lower net income and earnings per share compared with the prior year period. See our latest analysis for Ameris Bancorp. Ameris Bancorp’s share price has pulled back in the short term, with a 7 day share price return of down 4.96% and a 30 day share price return of down 3.59%. However, momentum over longer horizons remains firm, with an 18.59% year to date share price return and a 1 year total shareholder return of 33.44%, supported by buybacks and past dividends. If Ameris Bancorp’s moves have you thinking about where else capital could work harder, this is a good moment to broaden your search with the 18 top founder-led companies The recent pullback in Ameris Bancorp comes just after a quarter where core profitability and loan growth were reported alongside higher charge offs and litigation costs. Is the stock now reacting more to sentiment than to fundamentals as you weigh valuation next? With Ameris Bancorp last closing at $87.73 against a narrative fair value estimate of $93.86, the current setup hinges on how investors read the longer term earnings story. Read the complete narrative. Curious what has to happen for Ameris Bancorp to justify that higher fair value line? Revenue, margins and future earnings are all carefully wired into this narrative. The way those inputs interact, especially the earnings trajectory and the multiple applied to it, is where the story really takes shape. Result: Fair Value of $93.86 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, Ameris Bancorp’s story can change quickly if competition for deposits intensifies or if its concentrated Southeastern exposure encounters a weaker regional economy. Find out about the key risks to this Ameris Bancorp narrative. There is another angle to Ameris Bancorp worth weighing. On simple earnings multiples, the stock trades on a P/E of 15.6x, which is higher than both the US Banks industry at 11.9x and the peer average at 13.4x, and above the 14.4x fair ratio. That gap suggests the market is already paying a premium for Ameris Bancorp. The key question is whether future earnings delivery and risk feel strong enough to keep that premium in place, or if the share price could drift toward that lower fair ratio instead. See what the numbers say about this price — find out in our valuation breakdown. If this Ameris Bancorp narrative feels compelling but incomplete, take a moment to test the numbers yourself and stress test your thesis against the 2 key rewards Once you have a view on Ameris Bancorp, consider exploring broader opportunities across sectors and styles, which could help balance your portfolio and surface fresh ideas. Scan the 20 elite penny stocks with strong financials for companies that already show healthier balance sheets and improving financial profiles to potentially identify turnaround stories earlier in their recovery. Review the screener containing 19 high quality undiscovered gems to find companies that combine solid fundamentals with limited market attention and may warrant further research as possible value ideas. Focus on the 79 resilient stocks with low risk scores to prioritize companies that screen strongly on financial health and have lower overall risk scores. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ABCB. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Achieved peer-leading profitability with an adjusted ROA of 1.53% and adjusted PPNR ROA of 2.24%, driven by strong core fundamentals and high capital levels. Delivered organic balance sheet growth of nearly $1 billion in the first half of the year, supported by a 24% year-over-year increase in loan production. Maintained positive operating leverage by growing adjusted revenue 6% while limiting adjusted expense growth to 3%, resulting in a 50.4% efficiency ratio. Sustained a robust deposit mix with noninterest-bearing accounts representing 30% of total deposits, despite minor quarter-end balance fluctuations from customer movement. Expanded the geographic footprint into Nashville, Tennessee, by onboarding a specialized local banking team to drive long-term organic growth in high-potential markets. Reported stable credit quality with net charge-offs at 20 basis points and a strong reserve ratio of 1.62%, providing approximately 9-year coverage of current losses. Anticipate slight net interest margin compression of a few basis points per quarter due to intensifying deposit competition and higher funding costs. Project mid-single-digit loan and deposit growth for the full year, with deposit acquisition acting as the primary governor for lending expansion. Expect the efficiency ratio to remain slightly above 50% for the remainder of the year as the bank balances growth initiatives with expense discipline. Forecast net charge-offs to remain within the 20 to 25 basis point range for the rest of 2026, reflecting a stable credit environment. Prioritize organic growth and opportunistic share repurchases over M&A, though management remains open to highly selective, 'special' acquisition opportunities. Recorded an $82.5 million litigation accrual following a jury verdict in a California employment case; the bank intends to appeal but accrued the full amount per accounting guidance. Utilized $19 million for share repurchases in Q2, totaling $94 million year-to-date, though future activity may moderate following recent stock price appreciation. Noted a temporary 40 basis point bump in bond yields due to inflation-linked TIPS adjustments, which contributed approximately 3 basis points to the quarterly margin. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management clarified that the 40 basis point increase in bond yields was partially driven by a one-quarter lag in inflation-linked TIPS adjustments. Yields are expected to normalize downward slightly, as the inflation-related bump contributed 3 basis points to the margin that would have otherwise declined. New loan production is coming on at 6.20% overall, with core bank production at 6.39%, significantly higher than the 5.04% weighted average rate of recent payoffs. This repricing gap has helped stabilize loan yields despite broader market pressures. The bank increased brokered deposits to $174 million to backfill seasonal public fund outflows without overpaying for 'hot' retail deposits in a competitive market. Management views this as a cost-effective alternative to matching aggressive peer pricing on certain deposit products. Management stated they are willing to sacrifice a small amount of their peer-leading margin to secure high-quality, profitable relationship growth. They emphasized that they will not pursue 'growth for the sake of growth' and will maintain strict profitability requirements for new lending.

This article first appeared on GuruFocus. Adjusted ROA: 153% Adjusted PPNR ROA: 224% Adjusted Return on TCE: Over 14% Average Earning Assets Growth: 8.5% annualized Loan Growth: Over 6% annualized Adjusted Efficiency Ratio: 50% Loan Production: $2.4 billion, 24% increase year-over-year Average Deposits Growth: 4.4% annualized Net Income: $51.4 million or $0.77 per diluted share Adjusted Net Income: $107.3 million or $1.60 per diluted share Net Interest Margin: Stable at 3.88% Adjusted Non-Interest Income Decrease: $4.6 million Adjusted Non-Interest Expense Increase: $3.1 million Provision Expense: $17.3 million Annualized Net Charge-Offs: 20 basis points Total Assets: $28.5 billion Loan Growth: $349.9 million or 6% annualized Non-Interest-Bearing Deposits Growth: $33.9 million Tangible Common Equity (TCE): 11% CET1 Ratio: 12.8% Share Buybacks: $19 million in the quarter, $93.8 million year-to-date Warning! GuruFocus has detected 6 Warning Sign with ABCB. Is ABCB fairly valued? Test your thesis with our free DCF calculator. Release Date: July 24, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Ameris Bancorp (NYSE:ABCB) achieved core profitability levels well ahead of the industry, with an adjusted ROA of 153% and an adjusted return on TCE of over 14%. The company experienced profitable growth, with average earning assets increasing 8.5% annualized and loans over 6% annualized. Ameris Bancorp (NYSE:ABCB) maintained a strong balance sheet, funded with almost 50% checking accounts and over 11% tangible common equity. The company reported a robust loan production of $2.4 billion in the second quarter, a 24% increase over the previous year. Capital levels remain strong, with CET1 at almost 13% and TCE ratio above 11%, positioning the company well for future growth. Ameris Bancorp (NYSE:ABCB) reported an $82.5 billion litigation accrual related to a jury verdict in an employment case in California, impacting reported expenses. Adjusted non-interest income decreased by $4.6 million, primarily due to a decline in mortgage-related revenue. The company anticipates slight margin compression over the next few quarters due to higher deposit costs. Brokered deposits increased by $174 million, raising concerns about reliance on non-core funding sources. There is a potential for a few basis points of margin compression in the coming quarters if one-time benefits do not recur. Q: Can you explain the recent increase in bond yields and whether this is sustainable? A: Nicole Stokes, CFO, explained that the increase in bond yields was due to inflation bonds and some bond swaps, contributing about 3 basis points to the margin. However, these yields are expected to decrease slightly in the coming quarters. Q: What is the outlook for loan yields in the second half of the year? A: Nicole Stokes noted that while loan yields have been stable, there is upward momentum due to higher rates on new loans compared to payoffs. This trend is expected to continue, supporting loan yield stability or slight increases. Q: How does Ameris Bancorp view its reserve levels and potential changes in the future? A: Doug Strange, Chief Credit Officer, stated that the reserve is model-driven and remains strong at a 162 ratio. The company anticipates maintaining low charge-off rates, with guidance for 20 to 25 basis points for the year. Q: What is the strategy regarding share buybacks given current stock prices? A: Nicole Stokes mentioned that while buybacks remain an option, they may not be as aggressive as earlier in the year due to higher stock prices. The company will remain opportunistic with buybacks. Q: How does Ameris Bancorp plan to approach growth in the Nashville market? A: CEO Palmer Proctor emphasized that the move into Nashville is driven by the acquisition of a strong local team. The company is optimistic about growth in this market, leveraging the team's expertise and the region's potential. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Ameris Bancorp (ABCB) reported $334.36 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 10.8%. EPS of $1.60 for the same period compares to $1.59 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $322.17 million, representing a surprise of +3.79%. The company delivered an EPS surprise of -3.61%, with the consensus EPS estimate being $1.66. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Ameris Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net interest margin (TE): 3.9% compared to the 3.8% average estimate based on three analysts. Efficiency ratio: 74.5% versus the three-analyst average estimate of 49.3%. Book value per share (period end): $60.96 versus the two-analyst average estimate of $62.03. Average Balances - Total Earning Assets: $26.21 billion versus the two-analyst average estimate of $26.11 billion. Net charge-offs as a percent of average loans (annualized): 0.2% versus the two-analyst average estimate of 0.2%. Net Interest Income (TE): $253.44 million versus the three-analyst average estimate of $248.83 million. Total Non-Interest Income: $73.53 million versus the three-analyst average estimate of $73.67 million. Net Interest Income: $252.48 million versus the two-analyst average estimate of $249.35 million. View all Key Company Metrics for Ameris Bancorp here>>> Shares of Ameris Bancorp have returned +0.6% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ameris Bancorp (ABCB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Ameris Bancorp (ABCB) 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%. 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), 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. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ameris Bancorp (ABCB) : Free Stock Analysis Report Navient Corporation (NAVI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Highlights of Ameris’s results for the second quarter of 2026 include the following: Net income of $51.4 million, or $0.77 per diluted share Adjusted net income of $107.3 million, or $1.60 per diluted share Return on average assets ("ROA") of 0.73%; Adjusted ROA(1) of 1.53% Return on average tangible common equity(1) ("ROTCE") of 6.75%; Adjusted ROTCE of 14.08% Revenue growth of 14.9% annualized Stable net interest margin (TE) of 3.88% Efficiency ratio of 74.45% with adjusted efficiency ratio(1) lower at 50.42% Growth in average earning assets of $544.6 million, or 8.5% annualized Loan growth of $349.9 million, or 6.4% annualized Noninterest-bearing deposit mix improvement to 30.0% of total deposits Annualized net charge-off decline to 0.20% of average total loans Tangible book value(1) growth of $0.31 per share, or 2.8% annualized, to $45.10 at June 30, 2026 Share repurchases totaling $19.0 million, or 226,600 shares, during the quarter ATLANTA, July 23, 2026--(BUSINESS WIRE)--Ameris Bancorp (NYSE: ABCB) (the "Company" or "Ameris") today reported net income of $51.4 million, or $0.77 per diluted share, for the quarter ended June 30, 2026, compared with $109.8 million, or $1.60 per diluted share, for the quarter ended June 30, 2025. Excluding a litigation accrual and gain on the sale of securities, adjusted net income(1) was $107.3 million, or $1.60 per diluted share, for the quarter ended June 30, 2026, compared with $109.4 million, or $1.59 per diluted share, for the quarter ended June 30, 2025. For the year-to-date period ending June 30, 2026, the Company reported net income of $161.9 million, or $2.40 per diluted share, compared with $197.8 million, or $2.87 per diluted share, for the same period in 2025. Adjusted net income(1) for the six months ended June 30, 2026 was $217.8 million, or $3.23 per diluted share, compared with $197.5 million, or $2.87 per diluted share, for the same period in 2025. Commenting on the Company’s results, Palmer Proctor, the Company’s Chief Executive Officer, said, "Ameris delivered another quarter of strong underlying operating performance, underscoring the resilience of our franchise and the earning power of our business and reflecting the consistency of our long-term strategy and disciplined execution across the organization. We generated a return on assets of 1.53% on an adjusted basis, maintained a stable net interest margin of 3.88% and delivered annualized earning asset growth of 8.5%. We continued to build long-term shareholder value through a relentless focus on profitable growth and a high-quality balance sheet funded with 30% noninterest bearing deposits and tangible common equity exceeding 11%. During the quarter, we were pleased to announce our expansion into the Nashville market, another important step in extending our high-performing Southeast franchise and creating additional opportunities for profitable growth." Net Interest Income and Net Interest Margin Net interest income on a tax-equivalent basis (TE) was $253.4 million in the second quarter of 2026, an increase of $8.1 million, or 3.3%, from last quarter and $20.7 million, or 8.9%, compared with the second quarter of 2025. The Company's average earning assets increased during the quarter by $544.6 million, or 8.5% annualized, primarily due to an increase of $356.9 million in average portfolio loans outstanding and an increase of $170.9 million in the average balance of investment securities. The Company's net interest margin was stable at 3.88% for the second quarter of 2026, unchanged from the first quarter of 2026 and an 11 basis point improvement from the 3.77% reported for the second quarter of 2025. Yields on earning assets increased four basis points during the quarter to 5.61%, compared with 5.57% in the first quarter of 2026. This increase is primarily related to a 40 basis point increase in yield on taxable investment securities and a 12 basis point increase in yield on loans held for sale, partially offset by a one-basis point decrease in yield on portfolio loans outstanding during the second quarter of 2026. The Company’s total cost of funds increased three basis points to 1.91% in the second quarter of 2026, compared with 1.88% in the first quarter of 2026, and improved 15 basis points compared with the second quarter of 2025. Deposit costs increased one-basis point during the second quarter of 2026 to 1.77%, compared with 1.76% in the first quarter of 2026. Costs of interest-bearing deposits during the quarter were 2.52%, an increase of two-basis points compared with the first quarter of 2026. Noninterest Income Noninterest income increased $3.6 million, or 5.2%, in the second quarter of 2026 to $73.5 million, compared with $69.9 million for the first quarter of 2026, driven primarily by a $7.4 million securities gain. Mortgage banking activity decreased $4.5 million, or 12.1%, to $32.5 million in the second quarter of 2026, compared with $37.0 million for the first quarter of 2026. Total production in the retail mortgage division increased $65.2 million, or 6.0%, to $1.15 billion in the second quarter of 2026, compared with $1.09 billion for the first quarter of 2026. The retail mortgage open pipeline was $609.3 million at the end of the second quarter of 2026, compared with $632.7 million at the end of the first quarter of 2026. Gain on sale spreads decreased to 2.04% in the second quarter of 2026 from 2.08% for the first quarter of 2026. Gain on securities was $7.4 million for the second quarter of 2026, primarily resulting from a gain on the conversion of Visa Class B-2 shares during the quarter and related gain on sale and mark-to-market adjustments. Other noninterest income increased $437,000, or 4.8%, in the second quarter of 2026 to $9.6 million, compared with $9.1 million for the first quarter of 2026. Noninterest Expense Noninterest expense increased $85.6 million, or 54.5%, to $242.7 million during the second quarter of 2026, compared with $157.1 million for the first quarter of 2026. The increase was driven by a litigation expense accrual of $82.5 million related to a jury verdict in an employment case in California. Adjusted noninterest expense(1) increased $3.1 million, or 2.0%, compared with the first quarter of 2026, primarily due to increased legal expenses and charitable donations. Management continues to focus on delivering high performing operating efficiency, with an adjusted efficiency ratio(1) of 50.42% in the second quarter of 2026, compared with 49.97% in the first quarter of 2026 and 51.74% in the second quarter of 2025. Income Tax Expense The Company's effective tax rate for the second quarter of 2026 was 22.1%, compared with 21.5% for the first quarter of 2026. The increased rate resulted primarily from a decline in the excess benefit from share-based compensation awards compared with the first quarter of 2026. Balance Sheet Trends Total assets at June 30, 2026 were $28.49 billion, compared with $28.11 billion at March 31, 2026 and $27.52 billion at December 31, 2025. During the second quarter of 2026, loans, net of unearned income, increased by $349.9 million, or 6.4% annualized. Loans held for sale decreased to $482.2 million at June 30, 2026 from $623.2 million at December 31, 2025. Debt securities available-for-sale amounted to $2.46 billion, compared with $2.35 billion at March 31, 2026 and $2.21 billion at December 31, 2025. At June 30, 2026, total deposits amounted to $22.59 billion, compared with $22.38 billion at December 31, 2025. Average deposits in the second quarter of 2026 increased $243.4 million, or 4.4% annualized; however, end of period balances decreased $49.2 million, with noninterest bearing deposits increasing $33.9 million and interest bearing decreasing $83.1 million. Non-brokered, non-public fund deposits decreased $112.2 million, seasonal outflows of public funds totaled $111.0 million and brokered CDs increased $174.0 million. Noninterest-bearing accounts as a percentage of total deposits increased, such that at June 30, 2026, noninterest-bearing deposit accounts represented $6.78 billion, or 30.0% of total deposits, compared with $6.43 billion, or 28.7% of total deposits, at December 31, 2025. Shareholders’ equity at June 30, 2026 totaled $4.09 billion, an increase of $14.5 million, or 0.4%, from December 31, 2025. The increase in shareholders’ equity was primarily the result of earnings of $161.9 million during the first six months of 2026, largely offset by share repurchases, dividends declared and a decrease in accumulated other comprehensive income of $24.8 million resulting from changes in interest rates on the Company's investment portfolio. Tangible book value per share(1) increased $0.92 per share, or 4.2% annualized, during the first six months of 2026 to $45.10 at June 30, 2026. Tangible common equity as a percentage of tangible assets was 11.04% at June 30, 2026, compared with 11.37% at the end of 2025. The Company repurchased 226,600 shares of its common stock during the quarter ending June 30, 2026. Credit Quality During the second quarter of 2026, the Company recorded a provision for credit losses of $17.3 million, compared with a provision of $16.6 million in the first quarter of 2026. The allowance for credit losses on loans was 1.62% of loans at June 30, 2026, unchanged from the end of 2025. Nonperforming assets as a percentage of total assets increased two basis points to 0.47% during the quarter. Approximately $33.7 million, or 25.4%, of the nonperforming assets at June 30, 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 increased two basis points to 0.35% at June 30, 2026, compared with 0.33% at the end of the first quarter of 2026. The net charge-off ratio was 20 basis points for the second quarter of 2026, compared with 21 basis points for the first quarter of 2026. Conference Call The Company will host a teleconference at 9:00 a.m. Eastern time on Friday, July 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 July 31, 2026. To listen to the replay, dial 1-855-669-9658. The conference replay access code is 7503680. 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 $28.5 billion in assets as of June 30, 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. Category: Earnings View source version on businesswire.com: https://www.businesswire.com/news/home/20260723651311/en/ Contacts For more information, contact: Brady GaileyExecutive Director of Corporate Development(404) 240-1517

Wall Street analysts forecast that Ameris Bancorp (ABCB) 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 >>>> . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ameris Bancorp (ABCB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research