Ameris Bancorp Q3 2026 net income more than doubles from prior quarter to $116.09 million
ABCB•Ameris Bancorp reported third-quarter 2026 net income of $116.09 million, more than double the prior quarter. Net interest income rose 8% year over year to $257.68 million, and the board authorized up to $200 million in common stock repurchases through October 31, 2027.
1. Quarterly results
Ameris Bancorp's third-quarter 2026 net income more than doubled from the previous quarter to $116.09 million. Net interest income rose 8% year over year to $257.68 million, while noninterest income fell 13% quarter over quarter to $64.17 million.
2. Expenses and repurchases
Noninterest expense dropped 35% from the previous quarter to $158.75 million, driven by a decline in litigation expense accrual. The board authorized up to $200 million in common stock repurchases through October 31, 2027.
