Ameris Bancorp Q2 2026: Revenue $365.6M, Net income $51.4M, EPS $0.77— 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Ameris Bancorp reported Q2 2026 results with revenue of $365.6M and net income of $51.4M, down from the prior year. Diluted EPS was $0.77 versus $1.60 in Q2 2025. Net interest income grew ~9% YoY, driven by deposit repricing and earning asset growth, raising the margin to 3.88%. While mortgage channels softened, equipment finance income rose ~36% QoQ. The company maintained elevated credit loss provisions amid updated economic forecasts.
Ameris Bancorp reported second-quarter 2026 results with revenue of $365.6M and diluted EPS of $0.77; net income attributable to common shareholders was $51.4M, down from the year-ago period.
Financial Highlights
- Revenue: $365.6M total interest income for Q2 2026 (tax-equivalent interest income $366.5M); compared with $347.6M in Q2 2025 (tax-equivalent); YoY change 5.1%.
- Net income: $51.4M attributable to common shareholders for Q2 2026, versus $109.8M in Q2 2025.
- Diluted EPS: $0.77 for Q2 2026, versus $1.60 in Q2 2025.
Business Highlights
- Net interest income grew roughly 9–9.5% year over year, driven by deposit repricing and growth in earning assets; net interest margin rose to 3.88%.
- Mortgage and retail channels softened: mortgage production declined modestly, loans held for sale fell and the retail mortgage pipeline decreased to $609M.
- Business momentum in equipment finance and service charges: equipment finance income rose about 36% quarter over quarter and service charges increased about 4%.
- Credit and risk management: elevated provisioning and allowance for credit losses were maintained, with increased monitoring of CE/D CRE and updated economic forecasts guiding underwriting.
Original SEC Filing: Ameris Bancorp [ ABCB ] - 10-Q - Aug. 07, 2026
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