Ameris Bancorp 1Q 2026: Revenue $421.7M, Net income $110.5M, EPS $1.63— 10-Q Summary
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Ameris Bancorp reported Q1 2026 results with revenue of $421.7M and net income of $110.5M, reflecting a 25.6% increase year-over-year. Diluted EPS rose to $1.63, up 28.3% from Q1 2025. The growth was driven by higher net interest income and increased mortgage/fee income. The bank's total loans reached $5.5B, supported by a strong mortgage pipeline. Noninterest expenses increased due to investments in technology and staffing, while the allowance for credit losses remained stable at 1.62% of loans. The deposit mix shifted towards noninterest-bearing deposits, aiding lending operations.
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