Ameris Bancorp reported net income of $106.0 million for the third quarter of 2025, compared to $99.2 million in the same period of 2024. For the year-to-date period ending September 30, 2025, net income was $303.8 million, up from $264.3 million for the same period in 2024. Return on average assets was 1.56% for the quarter, and return on average tangible common equity was 14.57%. Tangible book value per share increased to $42.90 at September 30, 2025. The tangible common equity ratio rose to 11.31% from 10.24% a year ago. Net interest margin was 3.80% for the third quarter of 2025. The efficiency ratio improved to 49.19%. Net interest income grew by $6.2 million from the previous quarter, and earning assets increased by $469.8 million. Loans grew by $216.9 million, and annualized net charge-offs remained at 0.14% of average total loans. Deposits grew 5% annualized, with non-interest bearing deposits comprising over 30% of the mix.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ameris Bancorp published the original content used to generate this news brief via Business Wire (Ref. ID: 20251027107272) on October 27, 2025, and is solely responsible for the information contained therein.
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