Ameris: 3 Key Takeaways for Long-Term Investors

Ameris (ABCB) reported a five-year high of $1.73 per diluted share in its Q3 2026 earnings, driven by disciplined balance sheet management and mid-single-digit asset growth. CEO Palmer Proctor highlighted three key takeaways for long-term investors. First, the bank's net interest margin remains protected as they avoid price wars in lending.

Second, their focus on profitability over market share keeps returns on equity high across rate cycles. Third, they avoid chasing deals and prefer a measured approach to rates. CFO Nicole Stokes stressed that deposit growth is crucial for funding loans without expensive wholesale borrowings, projecting mid-single-digit growth in both loans and deposits.

Credit Officer Doug Strange noted a low criticized loan ratio of 115 basis points, significantly lower than their peer group, which protects earnings and maintains regulatory capital. Operating efficiency, measured at 49.84% for the year, remains under 50%, with operating expenses growing slower than revenue. Proctor expressed satisfaction with the financial performance, positioning Ameris for continued organic and profitable growth in the southeastern markets.