Ameris Bancorp Reports Record Q3 2026 Earnings and Announces $200 Million Share Repurchase
Ameris Bancorp (ABCB) reported a five-year record high earnings per share of $1.73 for the third quarter of 2026. The bank's performance was driven by disciplined balance sheet management and a strategic decision to prioritize loan pricing over aggressive market share expansion, helping to protect net interest margins. Management expects mid-single-digit growth for both loans and deposits in the near term, using deposit growth as a structural ceiling for lending to maintain cheap funding. Additionally, the company maintains superior credit metrics, with a criticized loan ratio of 115 basis points—significantly lower than its peer group average. To reward shareholders, the board has approved a new $200 million share repurchase authorization. The bank continues to operate efficiently with an adjusted efficiency ratio of approximately 49.84%, positioning itself for organic growth in southeastern markets heading into 2027.
Tickers: $ABCB
Topics: earnings per share loan growth net interest margin share repurchase
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