On this page of StockholderLetter.com we present the latest annual shareholder letter from Ameris Bancorp — ticker symbol ABCB. Reading current and past ABCB letters to shareholders can bring important insights into the investment thesis.

 •  4/7/2026 Letter Continued (Full PDF)
 •  4/24/2023 ABCB Stockholder Letter
 •  4/23/2024 ABCB Stockholder Letter
 •  4/23/2025 ABCB Stockholder Letter
 •  More "Banking & Savings" Category Stockholder Letters
 •  ABCB Benford's Law Stock Score = 96

ABCB Shareholder/Stockholder Letter Transcript:

2025
ANNUAL REPORT


Dear Shareholders,
Our consistent focus on the fundamentals, delivering an exceptional
customer experience, maintaining a strong balance sheet, and operating
with discipline and ef   ciency enabled Ameris Bancorp to deliver top-tier
   nancial results and meaningful shareholder value once again.
In 2025, Ameris Bancorp   s stock price reached an all-time high and
outperformed our peer banks. This performance re   ects the strength of
our franchise and the clarity of our strategy to prioritize low-cost core
deposits and disciplined growth in earnings per share and tangible book
value. Tangible book value per share increased 14.5% for the year, even
as we stepped up share repurchase activity.
We also delivered strong operating results. Revenue grew 6%, and we
achieved record earnings of $412.2 million, or $6.00 per diluted share.
We increased both deposits and loans, expanded net interest margin despite
a lower rate environment, and improved our ef   ciency ratio to 50.0%.
Our capital position remains robust and continues to support future
growth. Total assets increased by more than $1 billion to $27.5 billion at
year-end, and our tangible common equity ratio improved to 11.37%.
None of this would be possible without our talented teammates, who
live out our commitment to One Bank, One Team every day, bringing the
full strength of Ameris to our customers and communities. Beyond their
professional roles, many of our teammates actively support community
development, health and human services, and    nancial education
across our footprint.
Our Southeast markets remain vibrant and full of opportunity, while our
national business lines continue to broaden and diversify our franchise.
In 2025, we opened several branches in key markets and renovated
a dozen more. We continued investing in our digital platforms and
commercial banking capabilities while enhancing our fraud prevention
systems. We also uni   ed our equipment    nance platform under the
Ameris Bank Equipment Finance brand, further strengthening the reach
and recognition of Ameris.
Looking ahead, we are con   dent in the strength of our franchise and
optimistic about the opportunities before us. We are committed to
stewarding your investment with discipline, integrity, and a continued
focus on long-term value creation.
Thank you for your continued trust in Ameris.
H. Palmer Proctor Jr.
Chief Executive Of   cer
Leo J. Hill
Lead Independent Director
ANNUAL REPORT 2025 | 1

Year-Over-Year Performance
$22.4
$20.00
$27.5
$30.00
$25.00
$25.00
$20.00
$15.00
$15.00
$10.00
$10.00
2022
2023
2024
2022
2025
TOTAL DEPOSITS
(In billions of dollars)
2023
2024
2025
TOTAL ASSETS
(In billions of dollars)
$40.00
$5.00
$35.00
$4.00
$30.00
$3.00
$25.00
$2.00
$20.00
$1.00
2022 2023
2024
2025
2022
2024
2025
15%
$0.75
10%
$0.50
5%
$0.25
0%
2022
2023
2024
2025
TOTAL REVENUE
(In billions of dollars)
15.01%
$1.2
20%
$1.00
2 | AMERIS BANCORP
2023
EARNINGS PER SHARE - DILUTED
(In dollars)
TANGIBLE BOOK VALUE PER SHARE
(In dollars)
$1.25
$6.00
$6.00
$44.18
$45.00
2022
2023
2024
2025
TOTAL CAPITAL RATIO
(In percentages)

2025 Performance
In 2025, Ameris reported strong results due to solid
balance sheet management, excellent customer
service, ef   cient operations, and a uni   ed one team
approach.
Total Deposits
$22.4 BILLION
Total Revenue
$1.2 BILLION
Total Assets
$27.5 BILLION
Tangible Book Value Per Share
$44.18
Earnings Per Share - Diluted
$6.00
Total Capital Ratio
15.01%
ANNUAL REPORT 2025 | 3

4/7/2026 Letter Continued (Full PDF)

 

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