Ameris Bancorp · NYSE:ABCB
Ameris Bancorp — Q3 2026 Earnings Presentation
29 slides from Ameris Bancorp's earnings presentation, Oct 23, 2026
Slide 1: 3rd Quarter 2026 Results Investor Presentation
3rd Quarter 2026 Results Investor Presentation
Slide 2: Cautionary Statements
Cautionary Statements This presentation contains forward-looking statements, as defined by federal securities laws, including, among other forward- looking statements, certain plans, expectations and goals. Words such as “may,” “believe,” “expect,” “anticipate,” “intend,” “will,” “should,” “plan,” “
Slide 3: Ameris Profile
Ameris Profile Investment Rationale • Top of peer financial results with culture of discipline – credit, liquidity, expense control, capital • Diversified and granular loan portfolio among geographies and product lines • Stable deposit base with 29.2% noninterest-bearing deposits • Experienced execu
Slide 4: Southeast Scarcity Value
Southeast Scarcity Value Top Southeast Market Share • Scarcity value in strong Southeast markets projected to grow faster than the national average(1) • #1 deposit market share in Atlanta for banks under $50 billion in assets • #2 deposit market share in Jacksonville for banks under $50 billion in a
Slide 5: Why Ameris?
Why Ameris? Leading Industry Performance 29.2% 1.61% 15.0% NIB Deposits ROA ROTCE(1) 3.87% 49.3% 20% Net Interest Efficiency Fees to Margin Ratio Revenue 1.62% 13.2% 11.1% Allowance for CET1 Ratio(2) TCE/TA Ratio(1) Credit Losses 11% 2.0x Disciplined and 5-yr TBV(1) National Growth Focused Mgmt CAGR
Slide 6: Delivering Shareholder Value
Delivering Shareholder Value Tangible Book Value Growth • Management remains focused on growing shareholder value • Over the past five years, TBV(1) has grown by 11% annualized • TBV(1) grew 4.8% annualized in the third quarter • TBV(1) increased $0.55 per share in 3Q26: • $1.53 from retained earnin
Slide 7: History of Consistent Performance
History of Consistent Performance 5 Year Performance Metrics 2021-2025 (5 Year) YTD (1) 2021 2022 2023 2024 2025 Average 3Q26 ROA 1.73% 1.47% 1.06% 1.38% 1.54% 1.43% 1.32% Adjusted ROA(2) 1.66% 1.35% 1.11% 1.30% 1.53% 1.39% 1.59% ROTCE(2) 20.6% 17.8% 12.2% 14.4% 14.5% 15.9% 12.2% Adjusted ROTCE(2) 1
Slide 8: 3Q 2026 Operating Highlights
3Q 2026 Operating Highlights • Net income of $116.1 million, or $1.73 per diluted share • Return on average assets of 1.61% • Return on average tangible common equity(1) of 15.01% • Efficiency ratio of 49.32% • Growth in average earning assets of $300.5 million, or 4.5% annualized • Loan growth of $
Slide 9: Financial Highlights
Financial Highlights (dollars in thousands, except per share data) Quarter to Date Results Year To Date Results 3Q26 2Q26 Change 3Q25 Change 2026 2025 Change Net Income $ 116,093 $ 51,446 126% $ 106,029 9% $ 278,031 $ 303,798 -8% Adjusted Net Income (1) $ 115,990 $ 107,309 8% $ 104,110 11% $ 333,791
Slide 10: Strong Net Interest Margin
Strong Net Interest Margin $260.0 Net Interest Income (TE) Spread Income and Margin $258.6 4.10% (in millions) • Net interest margin of 3.87% in the third $253.4 quarter of 2026 $250.0 4.00% $246.3 $245.4 • Average earning assets increased 4.5% 3.90% $240.0 annualized $238.9 3.88% 3.88% 3.87% 3.85%
Slide 11: Diversified Revenue Stream
Diversified Revenue Stream Revenue Sources (Tax-Equivalent) (in millions) $315.2 $308.1 $315.3 $327.0 $322.8 Strong Revenue Stream 100% 11% 10% 10% 12% 11% 90% 13% 10% 12% 10% 9% 80% • Strong revenue base of net 70% interest income from core banking 60% division and lines of business 50% 40% 76% 80%
Slide 12: Disciplined Expense Control
Disciplined Expense Control Noninterest Expense and Efficiency Ratio Expense Highlights 180.0 Adjusted Operating Expenses • Management continues to deliver high 160.0 (in millions) performing operating efficiency $40.7 $39.2 $37.4 140.0 $40.6 • Positive operating leverage from 2Q26 $39.7 – Adjusted
Slide 13: Granular Core Deposit Base
Granular Core Deposit Base Deposits by Product Type Deposits by Customer 3Q26 Deposit Balance Average per Brokered % of Total Count 7% Type (in 000s) account NIB $ 6,695,113 29.2% 318,364 $ 21,030 Public Consumer 16% 33% NOW 4,224,072 18.4% 40,599 104,044 Checking (NIB/NOW) 10,919,185 47.7% 358,963
Slide 14: Capital Strength
Capital Strength Strong Capital Base Capital Highlights • TCE ratio of 11.1% and CET1 ratio of 13.2% • Earnings expected to add between 25 - 35 basis points to capital each quarter assuming flat balance sheet 15.1% 15.0% 14.8% 14.7% 15.0% • As of September 30, 2026, capital components included only
Slide 15: Loan Diversification and Credit Quality
Loan Diversification and Credit Quality
Slide 16: Diversified Loan Portfolio
Diversified Loan Portfolio 3Q26 Loan Portfolio Portfolio Highlights 1% Agriculture • Loan portfolio is well diversified across loan types and geographies and managed by a seasoned credit staff 18% • Asset quality metrics remain stable SFR Mortgage 2% HELOC 29% • CRE concentration was 251%, compared
Slide 17: Loan Balance Changes
Loan Balance Changes (in millions) 3Q26 Loan Balance Changes $200 $145 $150 $120 $100 $78 $50 $7 $- $(13) $(50) $(71) $(100) $(93) $(150) C&I RE - RES Construction OO CRE Other Multi-Family Investor CRE Growth Highlights • Loan balances increased $173.1 million, or 3.1% annualized during 3Q26 • 3Q26
Slide 18: Allowance for Credit Losses
Allowance for Credit Losses (in millions) 3Q26 CECL Reserve $450 2.00% $425 $400 1.80% $375 1.67% 1.63% 1.62% 1.62% 1.62% 1.62% 1.62% 1.62% $350 1.60% $325 1.60% $300 $275 1.40% $250 $225 1.20% $200 $175 $150 1.00% 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 (dollars in millions) ACL - Loans ACL -
Slide 19: Asset Quality Trends
Asset Quality Trends 1.34% Problem Loan Trends 1.40% 1.30% 1.20% 1.15% 1.09% 0.99% 1.00% 0.89% 0.91% 0.85% 0.85% 0.77% 0.80% 0.74% 0.73% 0.71% 0.68% 0.67% 0.67% 0.67% 0.63% 0.60% 0.41% 0.42% 0.40% 0.38% 0.32% 0.33% 0.35% 0.33% 0.35% 0.40% 0.20% 0.00% 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 NPA
Slide 20: Term Investor CRE
Term Investor CRE Multi 9% Investor CRE by Property Location Investor Investor CRE CRE 23% Outstanding $7.06 B All Other Unfunded $0.21 B $919 Atlanta GA Total Committed Exposure $7.27 B $1,924 NC $723 Average Loan Size $4.5 M Allowance Coverage 1.56% 30-89 DPD Ratio 0.02% SC $976 Other GA NPL Ratio
Slide 21: Office Portfolio
Office Portfolio Total Office Portfolio by Loan Type Construction Investor Office $127.2 Outstanding $1.16 B Unfunded $0.07 B Total Committed Exposure $1.23 B Owner- Occupied Average Loan Size $3.6 M $511.9 Allowance Coverage 4.20% 30-89 DPD Ratio 0.00% Investor CRE NPL Ratio 0.10% $1,107.3 Criticiz
Slide 22: Appendix
Appendix AMERIS BANCORP
Slide 23: Reconciliation of GAAP to Non-GAAP Measures
Reconciliation of GAAP to Non-GAAP Measures (dollars in thousands) Quarter to Date Year to Date 3Q26 2Q26 3Q25 2026 2025 Net Income $ 116,093 $ 51,446 $ 106,029 $ 278,031 $ 303,798 Adjustment items Litigation accrual 1,675 82,503 - 84,178 - Gain on sale of MSR - - (125) - (467) Gain on securities (2
Slide 24: Reconciliation of GAAP to Non-GAAP Measures
Reconciliation of GAAP to Non-GAAP Measures Quarter to Date Year to Date (dollars in thousands) 3Q26 2Q26 1Q26 4Q25 3Q25 2026 2025 Adjusted Noninterest Expense Total noninterest expense $ 158,748 $ 242,714 $ 157,080 $ 143,090 $ 154,566 $ 558,542 $ 460,860 Adjustment items: Litigation accrual (1,675)
Slide 25: Reconciliation of GAAP to Non-GAAP Measures
Reconciliation of GAAP to Non-GAAP Measures Quarter to Date (dollars in thousands) 3Q26 2Q26 1Q26 4Q25 3Q25 Total shareholders' equity $ 4,124,255 $ 4,090,577 $ 4,082,127 $ 4,076,028 $ 4,016,701 Less: Goodwill 1,015,646 1,015,646 1,015,646 1,015,646 1,015,646 Other intangibles, net 45,373 48,317 51,
Slide 26: Reconciliation of GAAP to Non-GAAP Measures
Reconciliation of GAAP to Non-GAAP Measures (dollars in thousands) 2021 2022 2023 2024 2025 Total shareholders' equity $ 2,966,451 $ 3,197,400 $ 3,426,747 $ 3,751,522 $ 4,076,028 Less: Goodwill 1,012,620 1,015,646 1,015,646 1,015,646 1,015,646 Other intangibles, net 125,938 106,194 87,949 70,761 54,
Slide 27: Reconciliation of GAAP to Non-GAAP Measures
Reconciliation of GAAP to Non-GAAP Measures (dollars in thousands) 2021 2022 2023 2024 2025 Net Income $ 376,913 $ 346,540 $ 269,105 $ 358,685 $ 412,154 Adjustment items Merger and conversion charges 4,206 1,212 - - - (Gain) loss on sale of MSR - (1,356) - (10,494) 660 (Gain) loss on securities (515
Slide 28: Reconciliation of GAAP to Non-GAAP Measures
Reconciliation of GAAP to Non-GAAP Measures (dollars in thousands) 2021 2022 2023 2024 2025 Adjusted Noninterest Expense Total noninterest expense $ 560,124 $ 560,655 $ 578,281 $ 607,794 $ 603,950 Adjustment items: Merger and conversion charges (4,206) (1,212) - - - FDIC special assessment - - (11,5
Slide 29: Reconciliation of GAAP to Non-GAAP Measures
Reconciliation of GAAP to Non-GAAP Measures As of (dollars in thousands) 3Q26 2Q26 1Q26 4Q25 3Q25 2Q25 1Q25 4Q24 3Q24 2Q24 1Q24 Total shareholders' equity $ 4,124,255 $ 4,090,577 $ 4,082,127 $ 4,076,028 $ 4,016,701 $ 3,917,678 $ 3,823,802 $ 3,751,522 $ 3,681,368 $ 3,566,614 $ 3,484,738 Less: Goodwil