Ameris ( (ABCB) ) has released its Q2 earnings. Here is a breakdown of the information Ameris presented to its investors.
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Ameris Bancorp, the parent company of Ameris Bank, is a state-chartered bank headquartered in Atlanta, Georgia, operating financial centers across five southeastern states and offering a range of banking and lending services. In the second quarter of 2025, Ameris Bancorp reported strong financial results with a net income of $109.8 million, or $1.60 per diluted share, marking a significant increase from the previous year. The company achieved a return on average assets of 1.65% and a return on average tangible common equity of 15.82%, reflecting its robust financial health and operational efficiency.
Key highlights from the earnings report include a tangible book value growth of 15.5% annualized, reaching $41.32 per share, and an increase in the tangible common equity ratio to 11.09%. The net interest margin expanded to 3.77%, and the efficiency ratio improved to 51.63%. Ameris also saw a notable growth in total revenue by $14.9 million from the first quarter of 2025 and an increase in average earning assets by $564.3 million. Loan growth was recorded at $334.9 million, with noninterest-bearing deposits now representing 31.0% of total deposits.
The company’s noninterest income rose by 7.6% to $68.9 million, driven by a significant increase in mortgage banking activity. Noninterest expenses also saw a rise, primarily due to increased salaries and employee benefits linked to mortgage production and targeted advertising campaigns. Despite these increases, the efficiency ratio showed improvement, indicating effective cost management.
Looking ahead, Ameris Bancorp’s management remains optimistic about future growth prospects, supported by a strong balance sheet and strategic focus on expanding its footprint in the Southeast. The company is well-positioned to capitalize on growth opportunities and drive continued success through the remainder of 2025 and beyond.