Ameris Bancorp SEC Filings

Ameris Bancorp director reports stock purchase under employee plan

A director of Ameris Bancorp acquired 307.5783 shares of common stock on 12/08/2025 through a purchase coded "P" at a price of $77.2161 per share as a participant in an employee stock purchase plan. Following this transaction, the director beneficially owns 47,275.7367 shares directly, which includes an additional 69.8004 shares acquired through a dividend reinvestment plan. The filing also notes indirect ownership of 337 shares through a spouse, 234 shares through a family foundation, 2,337 shares held for children, and 2,777 shares held in a family trust.

Ameris Bancorp (ABCB) CEO and director H. Palmer Proctor, Jr. reported a charitable gift of 5,013 shares of common stock on 11/07/2025 (Transaction Code G) at a reported price of $0.

Following the transaction, he beneficially owned 341,552.3989 shares directly, plus 23,259.7538 shares held indirectly in a 401(k), 22,747.805 held by children, and 17,977.9594 held by spouse. Totals reflect additional shares acquired through an employee stock purchase plan and dividend reinvestment, as noted in the footnotes.

Ameris Bancorp (ABCB) reported an insider transaction by Bank President Lawton E. Bassett, III. On 11/07/2025, the officer made a gift (Code G) of 3,000 shares of common stock at $0 to a charitable donor advised fund.

Following the transaction, the reporting person beneficially owns 87,631 shares directly and 168 shares indirectly through a spouse. The filing is made by one reporting person.

Ameris Bancorp: Wellington Management Group LLP and related entities filed Amendment No. 3 to Schedule 13G reporting beneficial ownership of 3,271,948 Ameris Bancorp common shares, representing 4.77% of the class as of 09/30/2025.

The filers report 0 shares with sole voting or dispositive power, 1,959,767 shares with shared voting power, and 3,271,948 shares with shared dispositive power. The holdings are owned of record by clients of Wellington’s advisory affiliates, and the certification states the securities were acquired and are held in the ordinary course and not to influence control.

Ameris Bancorp reported solid Q3 results. Net income was $106,029 and diluted EPS was $1.54, up from $99,212 and $1.44 a year ago. Net interest income rose to $237,964 from $214,060 as interest expense fell to $117,082 from $141,086, while total interest income was steady at $355,046.

Credit costs were higher, with the provision for credit losses at $22,630 versus $6,107. Noninterest income increased to $76,274 (mortgage banking activity $40,666; equipment finance $8,858). Noninterest expense was $154,566 vs. $151,777, reflecting modest operating cost growth.

At September 30, 2025, total assets were $27,099,829, loans (net) were $20,913,080, and deposits were $22,228,078. Shareholders’ equity improved to $4,016,701, aided by a swing in accumulated other comprehensive income to $5,171 from a $(30,119) loss at year-end 2024. The company paid a $0.20 per-share dividend in the quarter. There were 68,315,144 common shares outstanding as of November 3, 2025.

Ameris Bancorp announced unaudited financial results for the quarter ended September 30, 2025, furnished via a press release attached as Exhibit 99.1. The company stated this information is being furnished and not deemed filed under the Exchange Act.

An investor presentation on third-quarter 2025 results is attached as Exhibit 99.2 and is available on the Investor Relations page of the company’s website. A teleconference discussing earnings is scheduled to begin at 9:00 a.m. Eastern time on October 28, 2025.

Ameris Bancorp announced that its board authorized the company to repurchase up to $200 million of its outstanding common stock. The authorization permits purchases through October 31, 2026 and allows transactions in the open market or via negotiated deals, in accordance with applicable securities laws.

The amount and timing of any repurchases will depend on factors such as share acquisition price, regulatory limitations, and broader market and economic conditions. The program does not require the company to repurchase any specific number of shares. A press release announcing the authorization was furnished as Exhibit 99.1.

William H. Stern, a director of Ameris Bancorp (ABCB), purchased shares under the company's employee stock purchase plan on 09/15/2025. The filing reports a purchase of 320.3196 shares at a price of $74.1447 per share. After the transaction, Mr. Stern beneficially owns 46,898.3579 shares in total. The filing notes an additional 434.433892 shares included from the employee stock purchase plan and a dividend reinvestment plan. Reported indirect holdings include 337 shares held by a spouse, 234 by a family foundation, 2,337 by children, and 2,777 by a family trust. The form is signed on behalf of Mr. Stern by an attorney-in-fact on 09/16/2025.

Ameris Bancorp reported a stronger quarter ended June 30, 2025, driven by higher core lending margins and much lower credit provisions. Net income rose to $109.8 million from $90.8 million a year earlier, and diluted EPS increased to $1.60 from $1.32, reflecting a roughly 21% year-over-year earnings gain. Net interest income improved to $231.8 million as interest expense declined, while provision for credit losses fell sharply to $2.8 million from $18.8 million, supporting higher net interest income after provisions.

The balance sheet shows modest growth: loans, net were $21.04 billion and deposits totaled $21.93 billion. Debt securities available-for-sale were $1.87 billion with $20.8 million of unrealized losses attributed to non-credit factors and an allowance for credit losses of $0.07 million. Cash and cash equivalents were $1.17 billion. Noninterest income declined, led by lower mortgage banking activity, and total noninterest expense remained roughly flat at $155.3 million for the quarter.