Ameris Bancorp SEC 10-Q Report

Ameris Bancorp, a prominent financial services company operating across the southeastern United States, has released its Form 10-Q report for the third quarter of 2025. The report highlights the company's stable financial performance and operational activities, reflecting its strategic focus on growth and market presence.

Financial Highlights

Ameris Bancorp's financial performance for Q3 2025 demonstrates stability and growth across several key metrics:

• Total Interest Income: $355.0 million for Q3 2025, reflecting a slight decrease from $355.1 million in Q3 2024, indicating stable interest income performance.
• Net Interest Income: $237.9 million for Q3 2025, up from $214.1 million in Q3 2024, showing improved interest income after expenses.
• Provision for Credit Losses: $22.6 million for Q3 2025, significantly higher than $6.1 million in Q3 2024, indicating increased reserves for potential loan losses.
• Net Interest Income After Provision for Credit Losses: $215.3 million for Q3 2025, compared to $207.9 million in Q3 2024, reflecting a stronger net interest position after accounting for credit losses.
• Total Noninterest Income: $76.3 million for Q3 2025, up from $69.7 million in Q3 2024, driven by higher service charges and mortgage banking activity.
• Total Noninterest Expense: $154.6 million for Q3 2025, slightly higher than $151.8 million in Q3 2024, indicating controlled expense growth.
• Income Before Income Tax Expense: $137.0 million for Q3 2025, up from $125.9 million in Q3 2024, showing improved profitability before taxes.
• Net Income: $106.0 million for Q3 2025, compared to $99.2 million in Q3 2024, reflecting a 6.9% increase in net earnings.
• Basic Earnings Per Common Share: $1.55 for Q3 2025, up from $1.44 in Q3 2024, indicating higher earnings per share.
• Diluted Earnings Per Common Share: $1.54 for Q3 2025, compared to $1.44 in Q3 2024, showing an increase in diluted earnings per share.

Business Highlights

Ameris Bancorp's operational performance in Q3 2025 highlights its strategic focus on key business segments and geographical markets:

• Revenue Segments: The company reported revenue from various segments, including commercial and industrial loans, consumer loans, mortgage warehouse, municipal loans, premium finance, real estate construction and development, real estate commercial and farmland, and real estate residential. Notable growth was observed in commercial and industrial loans and premium finance.
• Geographical Performance: Ameris Bancorp operates 164 branches across Georgia, Alabama, Florida, North Carolina, and South Carolina. The performance in these regions is crucial to the company's overall operations, with each state contributing to the company's market presence and customer base.
• Sales Units: The company reported significant activity in mortgage banking, with a substantial volume of mortgage loans held for sale. This indicates a strong operational focus on mortgage origination and sales.
• Future Outlook: Management anticipates continued growth in the commercial and industrial loan segment, supported by economic forecasts and strategic initiatives. The company is also focused on maintaining its market position in the southeastern United States, leveraging its branch network and customer relationships.

SEC Filing: Ameris Bancorp [ ABCB ] - 10-Q - Nov. 07, 2025