Ameris Bancorp (NYSE:ABCB) Releases Earnings Results, Beats Estimates By $0.05 EPS

Ameris Bancorp (NYSE:ABCB) issued its earnings results on Thursday. The bank reported $1.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.68 by $0.05, FiscalAI reports. The company had revenue of $320.94 million for the quarter, compared to analysts’ expectations of $326.72 million. Ameris Bancorp had a return on equity of 10.84% and a net margin of 22.47%. Ameris Bancorp’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same period last year, the business earned $1.54 EPS.

Ameris Bancorp Stock Up 0.3%

Ameris Bancorp stock traded up $0.22 during midday trading on Friday, hitting $82.59. 591,558 shares of the stock were exchanged, compared to its average volume of 461,803. Ameris Bancorp has a 52-week low of $69.58 and a 52-week high of $93.22. The stock has a market capitalization of $5.54 billion, a price-to-earnings ratio of 14.44 and a beta of 0.96. The business’s 50-day moving average price is $82.97 and its 200-day moving average price is $85.40. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.34.

Ameris Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, October 5th. Investors of record on Wednesday, September 30th were issued a dividend of $0.20 per share. The ex-dividend date was Wednesday, September 30th. This represents a $0.80 annualized dividend and a yield of 1.0%. Ameris Bancorp’s payout ratio is 14.47%.

Analyst Ratings Changes

Several research analysts have weighed in on ABCB shares. Weiss Ratings started coverage on shares of Ameris Bancorp in a report on Wednesday, September 2nd. They set a “buy (b)” rating on the stock. Wall Street Zen raised shares of Ameris Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday. DA Davidson boosted their price objective on Ameris Bancorp from $98.00 to $100.00 and gave the stock a “buy” rating in a report on Monday, July 27th. Piper Sandler lowered their price objective on Ameris Bancorp from $96.00 to $92.00 and set a “neutral” rating for the company in a research note on Monday, July 27th. Finally, Truist Financial dropped their target price on Ameris Bancorp from $90.00 to $84.00 and set a “hold” rating on the stock in a report on Friday, October 9th. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $90.67.

Ameris Bancorp News Roundup

Here are the key news stories impacting Ameris Bancorp this week:

• Positive Sentiment: Adjusted EPS exceeded estimates: Ameris reported third-quarter adjusted earnings of $1.73 per share, up from $1.54 a year earlier and $0.05 above the $1.68 consensus estimate. Ameris Bancorp Q3 Earnings Top Estimates
• Positive Sentiment: Profitability and balance-sheet growth remained solid: Net income rose to $116.1 million from $106.0 million year over year. Net interest margin was 3.87%, return on average assets was 1.61%, deposits increased by $319.4 million, and loans grew by $173.1 million during the quarter. Ameris Bancorp Posts Third-Quarter Net Income
• Positive Sentiment: $200 million share repurchase authorized: The board approved a common-stock buyback program running through October 31, 2027. The authorization could support earnings per share and provide demand for the stock, although the timing and pace of repurchases remain uncertain. Ameris Bancorp Announces New $200 Million Share Repurchase
• Neutral Sentiment: Management discussed the quarter on the earnings call: Investors will focus on commentary regarding credit quality, loan and deposit trends, net interest margins, and the outlook for growth in upcoming quarters. Ameris Bancorp Q3 2026 Earnings Call Transcript
• Negative Sentiment: Revenue missed expectations: Third-quarter revenue was approximately $321.8 million, below the $326.7 million FactSet estimate. The shortfall may limit the market’s reaction to the EPS beat and raises questions about the bank’s topline momentum. Ameris Bancorp Reports Q3 Revenue

About Ameris Bancorp

Ameris Bancorp (NYSE: ABCB) is a bank holding company and the parent company of Ameris Bank, a full-service financial institution serving individuals, businesses and communities primarily across the southeastern United States.

Ameris Bank offers a range of banking products and services, including checking and savings accounts, certificates of deposit, consumer loans, residential mortgages, commercial and industrial lending, commercial real estate financing, treasury management and wealth management services.