Ameris Bancorp filed its quarterly report on Form 10-Q with the SEC on August 7, 2026, covering the period ended June 30, 2026, disclosing second-quarter net income, balance sheet growth, and a significant litigation accrual.

Key Highlights

  • Net income of $51,446 thousand for the three months ended June 30, 2026, compared with $109,834 thousand for the same period in 2025, according to the filing.
  • Litigation accrual of $82,530 thousand was recorded in Q2 2026, up from $121 thousand in Q2 2025, as reported in the noninterest expense section.
  • Total assets reached $28,488,843 thousand as of June 30, 2026, compared with $27,515,879 thousand at December 31, 2025.
  • Net interest income of $252,484 thousand for the second quarter of 2026, up from $231,813 thousand in the second quarter of 2025.
  • Diluted earnings per share of $0.77 for Q2 2026, compared with $1.60 for Q2 2025.
  • Common dividend of $0.20 per share was declared during the three months ended June 30, 2026, per the shareholders' equity statement.
  • 67,107,239 shares of common stock were outstanding as of August 3, 2026.

Ameris Bancorp Q2 2026: Litigation Accrual Weighs on Earnings as Balance Sheet Expands

Ameris Bancorp (New York Stock Exchange: ABCB) reported net income of $51,446 thousand for the three months ended June 30, 2026, a decline from $109,834 thousand in the comparable prior-year quarter, according to the filing. The company attributed much of the difference to a litigation accrual of $82,530 thousand recorded in the second quarter of 2026, compared with $121 thousand in Q2 2025. Total noninterest expense for the quarter was $242,714 thousand, versus $155,260 thousand a year earlier, with the litigation accrual representing the primary driver of the increase.

Net interest income improved year-over-year, reaching $252,484 thousand for Q2 2026 compared with $231,813 thousand for Q2 2025, the filing disclosed. Total interest income was $365,575 thousand for the quarter, while total interest expense declined to $113,091 thousand from $115,825 thousand in the prior-year period. Provision for credit losses was $17,253 thousand for Q2 2026, up from $2,772 thousand in Q2 2025. Mortgage banking activity contributed $32,526 thousand to noninterest income for the three months ended June 30, 2026, compared with $39,221 thousand in the same prior-year period.

On the balance sheet, total loans net of unearned income grew to $22,177,865 thousand at June 30, 2026, from $21,513,522 thousand at December 31, 2025. The allowance for credit losses stood at $359,513 thousand as of June 30, 2026, up from $348,141 thousand at year-end 2025. Total deposits were $22,587,573 thousand at quarter-end. Treasury stock increased to $290,045 thousand, reflecting the purchase of 226,600 additional shares during Q2 2026. Total shareholders' equity was $4,090,577 thousand at June 30, 2026, compared with $4,076,028 thousand at December 31, 2025.

What Was Disclosed

Ameris Bancorp's 10-Q for the quarter ended June 30, 2026, disclosed net income, interest income and expense, a material litigation accrual, balance sheet figures including total assets of $28,488,843 thousand, and shareholders' equity details including a $0.20 per share common dividend.