Ameris Bancorp Q2 net income falls to $51.4M after $82.5M litigation accrual
Ameris Bancorp reported second-quarter 2026 net income of $51.4 million, or $0.77 per diluted share, down from $109.8 million, or $1.60, a year earlier. The decline reflects an $82.5 million litigation expense accrual tied to a California employment jury verdict. Excluding that accrual and a securities gain, adjusted net income was $107.3 million, or $1.60 per diluted share, compared with $1.59 a year earlier.
Key points
- GAAP net income of $51.4 million, or $0.77 per diluted share, versus $109.8 million, or $1.60, in Q2 2025
- Adjusted net income of $107.3 million, or $1.60 per diluted share, versus $109.4 million, or $1.59, in Q2 2025
- Noninterest expense of $242.7 million included an $82.5 million litigation accrual tied to a California employment jury verdict
- Net interest margin was 3.88%, unchanged from Q1 2026; loans grew $349.9 million in the quarter
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 23, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.