Ameris Bancorp reported net income of $116.1 million for the quarter ended 30 September 2026, compared with $106.0 million a year earlier. Diluted earnings per share rose to $1.73 from $1.54, according to its 22 October results release.
The quarterly improvement should not be confused with the nine-month comparison. Reported profit for January–September was $278.0 million, below $303.8 million in the same period of 2025.
Quarterly profit and adjusted profit are different
| Measure | Q3 2026 / comparison | Official evidence |
|---|---|---|
| Reported net income | $116.093 million; prior-year quarter $106.029 million | Issuer results release |
| Adjusted net income — non-GAAP | $115.990 million; not the same amount as reported profit | Issuer results release |
| Reported diluted EPS | $1.73; prior-year quarter $1.54 | Issuer results release |
| Adjusted diluted EPS — non-GAAP | $1.73; rounded to the same cents as reported EPS | Issuer results release |
| Net interest margin | 3.87%; June quarter 3.88%; prior-year quarter 3.80% | Issuer results release |
| Loan growth during the quarter | $173.1 million; issuer describes the rate as 3.1% annualized | Issuer results release |
| Nine-month reported net income | $278.031 million; prior-year nine months $303.798 million | Issuer results release |
What the rounded EPS does not tell you
The issuer’s tables use thousands of US dollars. Dividing 116,093 by 1,000 gives reported net income of $116.093 million; the headline rounds that to $116.1 million. The adjusted total is $115.990 million. Reported and adjusted diluted EPS both round to $1.73, but that does not make the underlying profit figures identical.
Adjusted measures are the company’s non-GAAP presentation, meaning they apply exclusions to standard-accounting results. They supplement reported earnings rather than replace them. Comparisons should use the same basis and period on both sides, especially when a prior quarter contains unusual items.
Annualized growth is not the actual quarterly rate
The $173.1 million increase in loans is a dollar change during the quarter. The release expresses the associated rate on an annualized basis. Calling that a 3.1% increase during the quarter would overstate what the stated percentage represents.
Net interest margin measures net interest income relative to average interest-earning assets, generally on an annualized basis. It is not the bank’s bottom-line profit margin. It was higher than a year earlier but slightly lower than June. Readers should therefore keep the year-on-year and quarter-on-quarter comparisons separate rather than describing every measure as improving.
Official evidence checked on 2026-10-25: the exact results release and issuer profile / investor hub. Observation times: 2026-10-25T14:42:08.910Z; 2026-10-25T14:42:08.915Z. Both records originate from the issuer; they are not independent reporting.
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