Ameris Q1 FY26 net income rises 25.7% to $110.5 million; net interest margin widens to 3.88%

Ameris Bancorp

Ameris Bancorp

ABCB

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  • Ameris Bancorp posted net income available to common shareholders of USD 110.5 million, or USD 1.63 per diluted share, for quarter ended March 31, 2026, up from USD 87.9 million, or USD 1.27 per diluted share, a year earlier.
  • Net interest margin widened to 3.88% from 3.73%, while tax-equivalent net interest income climbed 10.15% to USD 245.4 million.
  • Provision for credit losses eased to USD 16.6 million from USD 21.9 million, while net charge-offs rose to USD 11.4 million, or 0.21% of average loans on an annualized basis.
  • Noninterest income increased 9.2% to USD 69.9 million, with mortgage banking income rising to USD 37 million as production grew to USD 1.09 billion.
  • Total deposits grew 1.2% to USD 22.64 billion, while gross loans outstanding rose to USD 22.32 billion and nonperforming assets edged up to 0.45% of total assets.


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