Monitor Q4 2026 for NIM trajectory given deposit cost creep (+5bps QoQ) and NPA uptick (0.40% ex-GNMA vs 0.35% prior quarter). The $200M buyback provides downside support, but credit quality trends warrant watching given criticized loan growth.
Price Chart
Executive Summary
Ameris Bancorp reported Q3 2026 net income of $116.1M ($1.73 diluted EPS), a 9% YoY increase from $106.0M ($1.54) in Q3 2025. The quarter featured a 1.61% ROA, 15.01% ROTCE, and a 49.32% efficiency ratio, with loan growth of 3.1% annualized and deposit growth of 5.6% annualized. The board authorized a new $200M share repurchase program through October 2027, while nonperforming assets ticked up to 0.54% of total assets (0.40% excluding GNMA-guaranteed loans).
Key Financial Metrics
Key Facts
- Net income of $116.1M ($1.73 diluted EPS) vs $106.0M ($1.54) in Q3 2025, up 9% YoY
- Return on average assets of 1.61% and return on average tangible common equity of 15.01%
- Net interest margin (TE) of 3.87%, down 1bp QoQ but up 7bps YoY
- Loan growth of $173.1M (3.1% annualized); deposit growth of $319.4M (5.6% annualized)
- Noninterest-bearing deposits at 29.2% of total deposits
- Annualized net charge-offs of 0.19%, down from 0.20% in Q2 2026
- Nonperforming assets (excluding GNMA) increased to 0.40% of total assets from 0.35% in Q2 2026
- Board authorized new $200M share repurchase program through October 31, 2027
- Provision for credit losses of $12.6M, down from $17.3M in Q2 2026
- Adjusted diluted EPS of $1.73, up 14% YoY from $1.52
Financial Impact
Q3 net income $116.1M; new $200M buyback authorization; $93.8M in shares repurchased YTD through Q2 2026
Risk Factors
- Nonperforming assets (ex-GNMA) increased to 0.40% of total assets from 0.35% in Q2 2026
- Deposit costs increased 5bps QoQ to 1.82%, pressuring NIM
- Noninterest income declined 12.7% QoQ driven by lower gain on securities and mortgage banking activity
- YTD net income of $278.0M is down 8% vs $303.8M in the prior year period
Investment Themes
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000351569-26-000156 |
| Document: a3q26earningspresentatio.htm | 0000351569-26-000156 |
| Document: abcb-20261022.htm | 0000351569-26-000156 |
| Document: 0000351569-26-000156-index-headers.html | 0000351569-26-000156 |
| Document: 0000351569-26-000156-index.html | 0000351569-26-000156 |
| Document: 0000351569-26-000156.txt | 0000351569-26-000156 |
| 8-K Data (Synthetic) | 0000351569-26-000156 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | 8-K | $82.63 | awaiting T+5 | — | $82.06 (−0.69%) |
Aug 8, 2026 11w ago | Institutional Cluster | $87.57 $89.04 | ▲ +1.68% | ▲ +1.73% | $82.06 (−6.29%) |
Jun 12, 2026 19w ago | 8-K | $87.85 $87.36 | ▲ +0.56% | ▼ −0.83% | $82.06 (+6.59%) |
May 21, 2026 22w ago | S-3ASR | $84.69 $83.19 | ▼ −1.77% | ▼ −3.43% | $82.06 (−3.11%) |
Apr 23, 2026 26w ago | 8-K | $84.89 $85.25 | ▲ +0.42% | ▼ −0.49% | $82.06 (−3.33%) |
Apr 7, 2026 29w ago | DEFA14A | $79.59 $82.84 | ▲ +4.08% | ▼ −1.25% | $82.06 (+3.10%) |
Feb 24, 2026 34w ago | 8-K | $80.67 $79.22 | ▼ −1.79% | ▼ −0.69% | $82.06 (+1.72%) |
Feb 23, 2026 35w ago | Insider Cluster | $79.14 $79.13 | ▼ −0.01% | ▲ +1.02% | $82.06 (+3.69%) |
Feb 24, 2026 35w ago | Insider Cluster | $79.14 $79.13 | ▲ +0.01% | ▼ −1.02% | $82.06 (−3.69%) |
Feb 24, 2026 35w ago | Insider Cluster | $79.14 $79.13 | ▲ +0.01% | ▼ −1.02% | $82.06 (−3.69%) |
US Market Status
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