NYSE : ABCB
Ameris Bancorp — Financial statements
Financials · Banks - Regional · United States
Last price 82.79 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 5.54B
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 1.30B | 1.27B | 1.27B | 1.17B | 834.97M | 676.09M |
| Interest Income on Investments | 147.00M | 129.17M | 112.76M | 108.27M | 58.92M | 27.02M |
| Total Interest Income | 1.45B | 1.39B | 1.38B | 1.28B | 893.89M | 703.11M |
| Interest Paid on Deposits | 405.30M | 424.18M | 484.67M | 356.02M | 56.10M | 22.36M |
| Interest Paid on Borrowings | 44.75M | 33.43M | 44.42M | 89.37M | 36.76M | 25.43M |
| Total Interest Expense | 450.05M | 457.60M | 529.09M | 445.39M | 92.86M | 47.78M |
| Net Interest Income | 999.90M | 936.92M | 849.19M | 835.04M | 801.03M | 655.33M |
| Mortgage Banking Activities | 131.54M | 147.93M | 160.47M | 139.88M | 163.08M | 272.27M |
| Gain (Loss) on Sale of Assets | -467.00K | -1.20M | 1.90M | 45.00K | -510.00K | |
| Gain (Loss) on Sale of Investments | 7.63M | 1.63M | 12.30M | -304.00K | 203.00K | 515.00K |
| Other Non-Interest Income | 75.76M | 67.74M | 69.58M | 55.77M | 54.82M | 26.50M |
| Total Non-Interest Income | 270.36M | 271.94M | 292.06M | 243.83M | 262.64M | 350.50M |
| Revenues Before Loan Losses | 1.27B | 1.21B | 1.14B | 1.08B | 1.06B | 1.01B |
| Provision for Loan Losses | 69.33M | 70.24M | 58.79M | 142.66M | 71.70M | -35.37M |
| Revenue | 1.20B | 1.14B | 1.08B | 936.22M | 991.97M | 1.04B |
| Salaries and Employee Benefits | 342.50M | 336.18M | 334.20M | 310.16M | 313.01M | 329.83M |
| Occupancy Expenses | 37.97M | 34.82M | 37.98M | 39.15M | 39.76M | 35.77M |
| Federal Deposit Insurance | 11.87M | 11.87M | 14.00M | 15.34M | 8.06M | 5.61M |
| Amortization of Goodwill & Intangibles | 13.33M | 15.94M | 17.19M | 18.24M | 19.74M | 14.96M |
| Selling, General & Administrative | 118.57M | 115.44M | 113.29M | 105.10M | 96.00M | 86.58M |
| Other Non-Interest Expense | 95.08M | 91.20M | 88.43M | 80.59M | 82.90M | 82.66M |
| Total Non-Interest Expense | 619.32M | 605.45M | 605.09M | 568.58M | 559.49M | 555.41M |
| EBT Excluding Unusual Items | 581.61M | 533.17M | 477.36M | 367.63M | 432.49M | 485.79M |
| Asset Writedown | -910.00K | -910.00K | 21.82M | 14.53M | ||
| Other Unusual Items | 1.86M | 1.50M | -1.50M | -11.60M | ||
| Pretax Income | 498.39M | 533.76M | 475.86M | 356.94M | 453.10M | 496.11M |
| Income Tax Expense | 112.00M | 121.61M | 117.17M | 87.83M | 106.56M | 119.20M |
| Net Income | 386.39M | 412.15M | 358.69M | 269.11M | 346.54M | 376.91M |
| Net Income to Common | 386.39M | 412.15M | 358.69M | 269.11M | 346.54M | 376.91M |
| Basic Shares Outstanding | 67.30M | 68.45M | 68.81M | 68.98M | 69.19M | 69.43M |
| Diluted Shares Outstanding | 67.55M | 68.71M | 69.06M | 69.10M | 69.42M | 69.76M |
| EPS (Basic) | 5.74 | 6.02 | 5.21 | 3.90 | 5.01 | 5.43 |
| EPS (Diluted) | 5.72 | 6.00 | 5.19 | 3.89 | 4.99 | 5.40 |
| Dividend Per Share | 0.80 | 0.80 | 0.65 | 0.60 | 0.60 | 0.60 |
| Effective Tax Rate | 22.47% | 22.78% | 24.62% | 24.61% | 23.52% | 24.03% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 211.10M | 1.09B | 1.22B | 1.17B | 1.12B | 4.02B |
| Investment Securities | 3.51B | 816.63M | 1.00B | 915.15M | 980.93M | 185.14M |
| Trading Asset Securities | 10.77M | 16.02M | 9.57M | 8.51M | 11.94M | |
| Mortgage-Backed Securities | 201.81M | 1.68B | 899.35M | 701.10M | 764.99M | 534.88M |
| Total Investments | 3.71B | 2.51B | 1.92B | 1.63B | 1.75B | 731.96M |
| Gross Loans | 22.35B | 21.51B | 20.74B | 20.27B | 19.86B | 15.87B |
| Allowance for Loan Losses | -362.31M | -348.14M | -338.08M | -307.10M | -205.68M | -167.58M |
| Net Loans | 21.99B | 21.17B | 20.40B | 19.96B | 19.65B | 15.71B |
| Property, Plant & Equipment | 222.22M | 255.30M | 254.53M | 266.30M | 276.62M | 281.47M |
| Goodwill | 1.02B | 1.02B | 1.02B | 1.02B | 1.02B | 1.01B |
| Other Intangible Assets | 45.37M | 54.82M | 70.76M | 87.95M | 106.19M | 125.94M |
| Loans Held for Sale | 398.51M | 623.15M | 528.60M | 281.33M | 392.08M | 1.25B |
| Accrued Interest Receivable | 92.30M | 87.50M | 86.70M | 77.00M | 57.20M | |
| Restricted Cash | 43.00M | |||||
| Other Real Estate Owned & Foreclosed | 4.15M | 2.92M | 2.44M | 6.22M | 843.00K | 3.81M |
| Other Long-Term Assets | 955.49M | 710.81M | 762.12M | 704.23M | 662.77M | 619.36M |
| Total Assets | 28.55B | 27.52B | 26.26B | 25.20B | 25.05B | 23.86B |
| Interest Bearing Deposits | 16.21B | 15.16B | 15.22B | 14.22B | 11.53B | 11.89B |
| Institutional Deposits | 791.31M | |||||
| Non-Interest Bearing Deposits | 6.70B | 6.43B | 6.50B | 6.49B | 7.93B | 7.77B |
| Total Deposits | 22.91B | 22.38B | 21.72B | 20.71B | 19.46B | 19.67B |
| Short-Term Borrowings | 535.32M | 68.73M | 172.06M | 1.45B | 6.55M | |
| Current Portion of Long-Term Debt | 15.00M | |||||
| Current Portion of Leases | 10.34M | |||||
| Long-Term Debt | 928.01M | 183.49M | 301.13M | 377.11M | 691.09M | |
| Federal Home Loan Bank Debt, Long-Term | 33.13M | 33.30M | 48.46M | 48.62M | 48.79M | |
| Long-Term Leases | 40.33M | 53.40M | 58.52M | 65.09M | 64.82M | |
| Trust Preferred Securities | 135.80M | 134.30M | 132.31M | 130.31M | 128.32M | 126.33M |
| Pension & Post-Retirement Benefits | 6.40M | 6.80M | 7.10M | 11.30M | 11.00M | |
| Other Long-Term Liabilities | 454.66M | 304.02M | 295.05M | 350.86M | 308.13M | 277.73M |
| Total Liabilities | 24.43B | 23.44B | 22.51B | 21.78B | 21.86B | 20.89B |
| Common Stock | 73.27M | 72.90M | 72.70M | 72.52M | 72.26M | 72.02M |
| Additional Paid-In Capital | 1.98B | 1.97B | 1.96B | 1.95B | 1.94B | 1.92B |
| Retained Earnings | 2.45B | 2.21B | 1.85B | 1.54B | 1.31B | 1.01B |
| Treasury Stock | -290.08M | -186.70M | -103.13M | -95.17M | -74.83M | -52.41M |
| Comprehensive Income & Other | -89.33M | 8.31M | -30.12M | -35.94M | -46.51M | 15.59M |
| Shareholders' Equity | 4.12B | 4.08B | 3.75B | 3.43B | 3.20B | 2.97B |
| Total Liabilities & Equity | 28.55B | 27.52B | 26.26B | 25.20B | 25.05B | 23.86B |
| Total Debt | 1.06B | 753.43M | 486.23M | 710.48M | 2.07B | 937.59M |
| Net Cash (Debt) | 73.36M | 346.25M | 750.16M | 466.40M | -947.08M | 3.10B |
| Net Cash Per Share | 1.09 | 5.04 | 10.86 | 6.75 | -13.64 | 44.38 |
| Filing Date Shares Outstanding | 66.88M | 67.65M | 68.80M | 68.77M | 69.16M | 69.45M |
| Total Common Shares Outstanding | 66.88M | 67.80M | 68.80M | 68.80M | 69.15M | 69.38M |
| Book Value Per Share | 61.66 | 60.12 | 54.53 | 49.81 | 46.24 | 42.75 |
| Tangible Book Value | 3.06B | 3.01B | 2.67B | 2.32B | 2.08B | 1.83B |
| Tangible Book Value Per Share | 45.80 | 44.33 | 38.74 | 33.77 | 30.02 | 26.34 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 412.15M | 358.69M | 269.11M | 346.54M | 376.91M | |
| Depreciation & Amortization | 38.44M | 46.73M | 45.93M | 53.63M | 47.93M | |
| Gain (Loss) on Sale of Assets | 850.00K | -8.56M | -3.25M | -1.20M | 2.88M | |
| Gain (Loss) on Sale of Investments | -1.63M | -12.30M | 304.00K | -203.00K | 2.37M | |
| Total Asset Writedown | 910.00K | -121.00K | -23.60M | -13.73M | ||
| Provision for Credit Losses | 70.24M | 58.79M | 142.66M | 71.70M | -35.37M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | -46.61M | -216.45M | 92.92M | 578.08M | -264.21M | |
| Accrued Interest Receivable | -4.85M | -747.00K | -9.66M | -20.12M | 19.34M | |
| Change in Income Taxes | -20.23M | 29.85M | 2.27M | 5.18M | 7.00M | |
| Change in Other Net Operating Assets | -1.73M | -37.79M | 13.38M | -12.30M | -5.14M | |
| Other Operating Activities | -10.73M | -20.65M | -22.10M | -35.73M | 40.23M | |
| Operating Cash Flow | 390.18M | 154.19M | 568.96M | 1.06B | 9.14M | |
| Capital Expenditures | -20.54M | -13.48M | -17.53M | -13.57M | -25.45M | |
| Sale of Property, Plant and Equipment | 172.00K | 250.00K | 3.92M | 46.00K | 1.96M | |
| Cash Acquisitions | -14.00M | -126.66M | ||||
| Investment in Securities | -535.11M | -264.96M | 148.33M | -1.10B | 266.37M | |
| Purchase / Sale of Intangibles | 23.73M | 82.33M | 119.84M | |||
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -836.95M | -610.50M | -485.46M | -3.82B | -400.30M | |
| Other Investing Activities | 65.90M | -40.32M | 12.54M | -49.90M | -148.69M | |
| Investing Cash Flow | -1.30B | -846.68M | -338.19M | -4.87B | -420.98M | |
| Long-Term Debt Issued | 8.16B | 6.31B | 15.84B | 3.95B | ||
| Short-Term Debt Repaid | -5.84M | -5.80M | ||||
| Long-Term Debt Repaid | -7.90B | -6.53B | -17.21B | -2.81B | -296.32M | |
| Total Debt Repaid | -7.90B | -6.53B | -17.21B | -2.82B | -302.12M | |
| Net Debt Issued (Repaid) | 265.76M | -218.96M | -1.37B | 1.13B | -302.12M | |
| Issuance of Common Stock | 476.00K | 2.80M | 4.53M | |||
| Repurchase of Common Stock | -82.89M | -7.95M | -20.35M | -22.42M | -9.44M | |
| Common Dividends Paid | -55.25M | -41.46M | -41.65M | -41.61M | -41.80M | |
| Net Increase (Decrease) in Deposit Accounts | 653.55M | 1.01B | 1.25B | -202.81M | 2.71B | |
| Financing Cash Flow | 781.16M | 745.56M | -181.59M | 865.53M | 2.36B | |
| Net Cash Flow | -131.46M | 53.07M | 49.17M | -2.95B | 1.95B | |
| Free Cash Flow | 369.64M | 140.72M | 551.43M | 1.05B | -16.31M | |
| Free Cash Flow Margin | 32.46% | 13.00% | 58.90% | 105.74% | -1.57% | |
| Free Cash Flow Per Share | 5.38 | 2.04 | 7.98 | 15.11 | -0.23 | |
| Cash Interest Paid | 461.94M | 540.27M | 418.44M | 86.64M | 48.96M | |
| Cash Income Tax Paid | 155.98M | 106.38M | 105.00M | 133.89M | 71.81M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 5.67B | 5.05B | 4.31B | 3.65B | 3.26B | 3.45B |
| Last Close Price | 82.42 | 73.73 | 61.38 | 51.42 | 45.00 | 46.79 |
| PE Ratio | 14.82 | 12.26 | 12.00 | 13.57 | 9.40 | 9.14 |
| PS Ratio | 4.59 | 4.44 | 3.98 | 3.90 | 3.29 | 3.31 |
| PB Ratio | 1.34 | 1.24 | 1.15 | 1.07 | 1.02 | 1.16 |
| P/FCF Ratio | 10.56 | 13.67 | 30.60 | 6.62 | 3.11 | |
| P/OCF Ratio | 10.05 | 12.95 | 27.92 | 6.42 | 3.07 | 377.09 |
| Debt / Equity Ratio | 0.26 | 0.18 | 0.13 | 0.21 | 0.65 | 0.32 |
| Debt / FCF Ratio | 2.04 | 3.46 | 1.29 | 1.98 | ||
| Net Debt / Equity Ratio | -0.02 | -0.09 | -0.20 | -0.14 | 0.30 | -1.04 |
| Net Debt / FCF Ratio | -0.94 | -5.33 | -0.85 | 0.90 | 189.85 | |
| Return on Equity (ROE) | 9.49% | 10.53% | 9.99% | 8.12% | 11.24% | 13.43% |
| Return on Assets (ROA) | 1.39% | 1.53% | 1.39% | 1.07% | 1.42% | 1.70% |
| Earnings Yield | 6.75% | 8.15% | 8.33% | 7.37% | 10.63% | 10.94% |
| FCF Yield | 9.47% | 7.31% | 3.27% | 15.10% | 32.19% | -0.47% |
| Dividend Yield | 0.94% | 1.07% | 1.04% | 1.13% | 1.27% | 1.21% |
| Payout Ratio | 13.98% | 13.41% | 11.56% | 15.48% | 12.01% | 11.09% |
| Buyback Yield / Dilution | 1.97% | 0.52% | 0.06% | 0.46% | 0.49% | -0.48% |
| Total Shareholder Return | 2.94% | 1.59% | 1.10% | 1.58% | 1.76% | 0.73% |