10-Q · May 8, 2026
Ameris Bancorp reported a strong Q1 2026 performance with total revenue of $314.36 million, up 4.9% year-over-year, driven by higher net interest income and a notable increase in diluted EPS to $1.63, exceeding both…
Earnings analysis · 10-Q
ABCB earnings analysis
Filed August 7, 2026 · Our reading of the company's report
The latest report
Q2 2026 revenue of $326.016 million declined from both the prior quarter’s $422 million and prior-year quarter’s $417 million, while diluted EPS of $1.60 was down sequentially and flat year over year. The extracted…
Read full summary
Q2 2026 revenue of $326.016 million declined from both the prior quarter’s $422 million and prior-year quarter’s $417 million, while diluted EPS of $1.60 was down sequentially and flat year over year. The extracted filing does not provide current-quarter margin, segment, balance-sheet, operating cash-flow or free-cash-flow detail, limiting the completeness of the fundamental assessment. Rate sensitivity remains a key swing factor: management’s model shows a 14.8% decline in 24-month baseline net interest income under a 300-basis-point rate decrease, while no material changes were reported to the prior Form 10-K risk factors.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $1.6
What stood out
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Revenue declined sequentially and year over year
Q2 2026 revenue was $326.016 million, below $422 million in Q1 2026 and $417 million in Q2 2025. Diluted EPS was $1.60, versus $1.63 in Q1 2026 and $1.60 in Q2 2025.
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Share repurchases continued
The company repurchased 226,600 shares during the quarter at an average price of $83.71 per share. Remaining authorization was $65.377839 million as of June 30, 2026.
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$134.6 million returned through buybacks
Cumulative repurchases under the October 20, 2025 renewal totaled $134.6 million, representing 1,740,798 shares as of June 30, 2026.
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Higher rates remain favorable in simulations
The earnings simulation model projects that a parallel 400-basis-point rate increase would increase baseline net interest income by 5.1% over 12 months and 16.8% over 24 months.
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Mortgage hedge liabilities decreased
Mortgage inventory hedging instruments had a $3.3 million asset fair value and a $483,000 liability fair value at June 30, 2026, compared with $3.4 million and $2.8 million, respectively, at December 31, 2025.
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Disclosure controls remained effective
Management concluded that disclosure controls and procedures were effective as of June 30, 2026, and reported no control change that materially affected, or was reasonably likely to materially affect, internal control over financial reporting.
What to watch
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Falling rates pressure net interest income
The earnings simulation model indicates that a parallel 300-basis-point rate decline would reduce projected baseline net interest income by 1.1% over 12 months and 14.8% over 24 months, highlighting longer-term rate sensitivity.
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No material risk-factor update
The filing states that there were no material changes to the risk factors disclosed in the Form 10-K for the year ended December 31, 2025; therefore, previously disclosed legal, regulatory, credit and interest-rate risks remain applicable.
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Buyback authorization is discretionary
The repurchase program authorizes additional purchases of up to $200.0 million through October 31, 2026, but the filing states that the amount and timing are discretionary and subject to regulatory, market and economic factors; $65.377839 million remained available at June 30, 2026.
Management's outlook
No quantitative revenue or EPS guidance was provided in the extracted 10-Q. The filing states that there were no material changes to the risk factors disclosed in the December 31, 2025 Form 10-K, but does not provide an outlook or liquidity forecast.
Earlier filings 4
10-K · February 26, 2026
Ameris Bancorp (ABCB) presents a 2025 year marked by stable scale (total assets $27.52B) and improved profitability: full-year diluted EPS aggregated to $6.00 and free cash flow of $370.0M (sum of quarterly FCF). The…
10-K · February 28, 2025
Ameris Bancorp’s 2024 10-K emphasizes a concentrated, community-banking strategy focused on select Southeastern U.S. markets with growth via organic expansion and opportunistic acquisitions. At December 31, 2024 the…
10-Q · November 8, 2024
Ameris Bancorp reported Q3 (three months ended Sept 30, 2024) results with consolidated revenue (interest income + noninterest income) of $424,855,000 and diluted EPS of $1.44, up versus the year-ago quarter. Net income…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.