Ameris Bancorp (ABCB) investor relations material

Executive summary

• Adjusted net income for Q2 2026 was $107.3M ($1.60/diluted share), with adjusted ROA of 1.53% and adjusted ROTCE of 14.08%; reported net income was $51.4M due to an $82.5M litigation accrual.

• Annualized revenue growth reached 14.9%, with stable net interest margin at 3.88%.

• Tangible book value per share increased to $45.10, up 2.8% annualized.

• Loan balances rose over 6% annualized, and noninterest-bearing deposits improved to 30% of total.

• Expansion into the Nashville market was announced, supporting Southeast franchise growth.

Financial highlights

• Net interest income (tax-equivalent) was $253.4M, up 8.9% year-over-year, with net interest margin at 3.88%.

• Noninterest income rose to $73.5M, driven by a $7.4M gain on securities; mortgage banking income fell sequentially.

• Noninterest expense surged to $242.7M due to the litigation accrual; adjusted noninterest expense rose 2%.

• Efficiency ratio was 74.45%; adjusted efficiency ratio improved to 50.42%.

• Allowance for credit losses on loans was 1.62%, with net charge-offs at 0.20% annualized.

Outlook and guidance

• Margin is expected to compress slightly due to higher deposit costs; management projects mid-single digit loan and deposit growth for the year.

• Net charge-offs anticipated in the 20-25 basis point range for the remainder of 2026.

• Management expects continued capital accretion of 25–35 bps per quarter, assuming a flat balance sheet.

• Focus remains on profitable growth, high-quality balance sheet, and disciplined execution.

• Forward-looking statements highlight risks from economic, market, and regulatory factors.