Ameris Bancorp Q3 2026 net income more than doubles from prior quarter to $116.09 million

Bitget2026/10/22 20:26

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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.
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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ameris Bancorp published the original content used to generate this news brief via Business Wire (Ref. ID: 202610221615BIZWIRE_USPR_____20261022_BW394687) on October 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ameris Bancorp Q3 2026 net income more than doubles from prior quarter to $116.09 million

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