ABCB

MKT CAP:$6B

Ameris Bancorp

Market Cap

$6B

Financial Services·Banks - Regional·🇺🇸 United States·NYSE

Financials·Banks - Regional·🇺🇸·NYSE

Stock Price

$84.62+$10.64 (+14.38%)

Apr 23, 2026

Company Details

Ameris Bancorp operates as the bank holding company for Ameris Bank that provides range of banking services to retail and commercial customers primarily in Georgia, Alabama, Florida, North Carolina, and South Carolina. The company operates ...

CEO

H. Palmer Proctor Jr.

IPO Date

May 19, 1994

Website

www.amerisbank.com

Key Metrics TTM

Revenue

$1.7B

+2.2% YoY

Net Income

$435M

EPS (Diluted)

$6.36

Free Cash Flow

$370M

Revenue / Share

$24.67

Gross Margin

70.0%

Operating Margin

33.6%

Net Margin

26.0%

FCF Margin

22.1%

P/S

3.5x

P/E

13.3x

Earnings Reports

Q1 2026

Apr 23, 2026

NEW

$422M+8.3%EPS $1.63

FY 2025

Feb 26, 2026

$1.7B+2.0%EPS $6.00

Q4 2025

Feb 26, 2026

$420M+3.5%EPS $1.59

Q3 2025

Nov 7, 2025

$422M+1.5%EPS $1.54

Q2 2025

Aug 8, 2025

$408M-4.1%EPS $1.60

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$276M	$250M	$118M
Q3 22	$290M	$251M	$121M
Q4 22	$313M	$231M	$105M
Q1 23	$343M	$209M	$79M
Q2 23	$380M	$222M	$83M
Q3 23	$386M	$239M	$105M
Q4 23	$379M	$230M	$90M
Q1 24	$385M	$236M	$97M
Q2 24	$425M	$271M	$127M
Q3 24	$416M	$269M	$126M
Q4 24	$406M	$268M	$126M
Q1 25	$389M	$255M	$113M
Q2 25	$408M	$289M	$143M
Q3 25	$422M	$283M	$137M
Q4 25	$420M	$284M	$141M
Q1 26	$422M	$314M	$141M

Valuation

Quarter	P/S	P/E
Q2 22	5.7x	17.3x
Q3 22	5.5x	16.8x
Q4 22	5.1x	16.7x
Q1 23	4.7x	17.8x
Q2 23	4.4x	19.5x
Q3 23	4.1x	20.3x
Q4 23	3.9x	21.6x
Q1 24	3.8x	20.5x
Q2 24	3.7x	18.6x
Q3 24	3.6x	17.6x
Q4 24	3.6x	16.2x
Q1 25	3.5x	15.6x
Q2 25	3.6x	14.8x
Q3 25	3.6x	14.6x
Q4 25	3.5x	14.1x
Q1 26	3.5x	13.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$360M	$357M
Q2 22	$353M	$349M
Q3 22	$349M	$346M
Q4 22	-$316.0K	-$3M
Q1 23	$132M	$128M
Q2 23	$92M	$88M
Q3 23	$132M	$128M
Q4 23	$213M	$207M
Q1 24	$19M	$15M
Q2 24	-$97M	-$100M
Q3 24	$102M	$100M
Q4 24	$131M	$126M
Q1 25	$117M	$114M
Q2 25	$61M	$54M
Q3 25	$105M	$101M
Q4 25	$107M	$101M

Capital Expenditures

Quarter	CapEx
Q1 22	$4M
Q2 22	$5M
Q3 22	$3M
Q4 22	$2M
Q1 23	$3M
Q2 23	$5M
Q3 23	$4M
Q4 23	$6M
Q1 24	$3M
Q2 24	$3M
Q3 24	$2M
Q4 24	$4M
Q1 25	$3M
Q2 25	$8M
Q3 25	$4M
Q4 25	$6M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	+7.2%	+11.0%
Q3 22	+19.9%	+28.7%
Q4 22	+35.2%	+68.1%
Q1 23	+30.8%	+72.9%
Q2 23	+37.6%	+87.9%
Q3 23	+33.1%	+66.3%
Q4 23	+21.1%	+38.5%
Q1 24	+12.4%	+8.9%
Q2 24	+12.0%	+0.7%
Q3 24	+7.9%	+3.4%
Q4 24	+6.9%	-3.2%
Q1 25	+1.0%	-4.1%
Q2 25	-4.1%	-11.2%
Q3 25	+1.5%	-1.8%
Q4 25	+3.5%	-0.3%
Q1 26	+8.3%	+1.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$1M	0.6%
Q2 22	$2M	0.6%
Q3 22	$2M	0.6%
Q4 22	$2M	0.6%
Q1 23	$2M	0.6%
Q2 23	$2M	0.6%
Q3 23	$3M	0.8%
Q4 23	$3M	0.7%
Q1 24	$3M	0.8%
Q2 24	$3M	0.6%
Q3 24	$4M	0.9%
Q4 24	$4M	1.0%
Q1 25	$3M	0.8%
Q2 25	$3M	0.8%
Q3 25	$3M	0.8%
Q4 25	$3M	0.7%

OpEx Breakdown

Quarter	G&A	S&M
Q2 22	$82M	$3M
Q3 22	$79M	$4M
Q4 22	$83M	$4M
Q1 23	$81M	$4M
Q2 23	$81M	$3M
Q3 23	$82M	$3M
Q4 23	$103M	$3M
Q1 24	$83M	$2M
Q2 24	$88M	$4M
Q3 24	$89M	$4M
Q4 24	$103M	$2M
Q1 25	$87M	$3M
Q2 25	$89M	$4M
Q3 25	$91M	$3M
Q4 25	$93M	—
Q1 26	$143M	$3M

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$346M	$1.1B	$1.4B
Q3 22	$269M	$1.3B	$1.5B
Q4 22	$1.1B	$1.5B	$2.6B
Q1 23	$266M	$1.5B	$1.8B
Q2 23	$285M	$1.5B	$1.7B
Q3 23	$241M	$1.4B	$1.7B
Q4 23	$1.2B	$1.4B	$2.6B
Q1 24	$1.2B	$1.4B	$2.6B
Q2 24	$1.4B	$1.5B	$2.9B
Q3 24	$1.4B	$1.4B	$2.8B
Q4 24	$1.2B	$1.7B	$2.9B
Q1 25	$1.3B	$1.2B	$2.5B
Q2 25	$1.2B	$1.2B	$2.4B
Q3 25	$1.0B	$2.1B	$3.2B
Q4 25	$254M	$0	$254M
Q1 26	$1.3B	$0	$1.3B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	69M	-0.5%	-0.7%
Q3 22	69M	+0.0%	-0.6%
Q4 22	69M	+0.1%	-0.5%
Q1 23	69M	-0.1%	-0.5%
Q2 23	69M	-0.4%	-0.4%
Q3 23	69M	-0.1%	-0.5%
Q4 23	69M	+0.0%	-0.5%
Q1 24	69M	-0.0%	-0.4%
Q2 24	69M	0.0%	-0.0%
Q3 24	69M	+0.1%	+0.1%
Q4 24	69M	+0.1%	+0.2%
Q1 25	69M	-0.1%	+0.0%
Q2 25	69M	0.0%	+0.0%
Q3 25	69M	-0.5%	-0.6%
Q4 25	68M	-0.5%	-1.2%
Q1 26	68M	-0.8%	-1.8%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$96.3K	3K
Q3 22	$101.2K	3K
Q4 22	$110.0K	3K
Q1 23	$120.5K	3K
Q2 23	$133.4K	3K
Q3 23	$135.5K	3K
Q4 23	$137.2K	3K
Q1 24	$139.4K	3K
Q2 24	$153.9K	3K
Q3 24	$150.6K	3K
Q4 24	$150.8K	3K
Q1 25	$144.6K	3K
Q2 25	$151.6K	3K
Q3 25	$157.0K	3K
Q4 25	$157.1K	3K
Q1 26	$157.8K	3K

Revenue / Employee