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Here are 1-3 brief analogies for Ameris Bancorp (ABCB):

• A full-service regional bank for the Southeastern U.S., akin to a smaller Truist or U.S. Bancorp.
• Like a smaller, regional version of Bank of America, providing comprehensive banking services primarily across the Southeastern U.S.

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Major Products and Services of Ameris Bancorp (ABCB)

• Deposit Accounts: Offers checking, savings, money market, and certificate of deposit accounts for individuals and businesses.
• Commercial Lending: Provides various loan products to businesses, including commercial real estate, construction, and commercial and industrial loans.
• Consumer Lending: Originates a range of loans for individuals, such as residential mortgages, home equity, auto, and personal loans.
• Treasury Management: Delivers cash management solutions, payment processing, and fraud protection services for business clients.
• Wealth Management and Trust Services: Offers financial planning, investment management, and trust administration to individuals and families.

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Major Customers of Ameris Bancorp (Symbol: ABCB)

• **Retail/Consumer Customers:** This segment includes individuals and households seeking personal financial services. Products and services offered to this group typically include checking accounts, savings accounts, money market accounts, certificates of deposit (CDs), residential mortgages, home equity lines of credit (HELOCs), and various personal installment loans.
• **Small to Medium-sized Business (SMB) Customers:** This category encompasses local and regional businesses that require commercial banking services. Offerings for SMBs include business checking and savings accounts, commercial real estate loans, equipment financing, lines of credit, Small Business Administration (SBA) loans, and treasury management solutions.
• **Commercial and Corporate Customers:** This segment serves larger businesses and corporations, providing more complex and specialized financial products and services. This includes larger commercial and industrial (C&I) loans, asset-based lending, specialized industry lending, cash management services, and other tailored financial solutions.

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H. Palmer Proctor Jr., Chief Executive Officer

H. Palmer Proctor Jr. was appointed CEO of Ameris Bancorp in July 2019. Prior to this role, he served as President and CEO of Fidelity Bank and President of Fidelity Southern Corporation. He held multiple management positions at Fidelity Bank, including Senior Vice President of retail and consumer banking, trust and investments, bank operations, and commercial banking activities. Ameris Bancorp acquired Fidelity Southern Corporation in 2019, and Mr. Proctor was appointed CEO during this acquisition. He is also a director of Brown & Brown, Inc., a member of the Advisory Board of Allied Financial, and a director of Choate Construction Company. He previously served as chairman of the Georgia Bankers Association.

Nicole S. Stokes, Corporate Executive Vice President and Chief Financial Officer

Nicole S. Stokes has served as Ameris Bancorp's Corporate Executive Vice President and Chief Financial Officer since January 2018. She joined Ameris Bank in December 2010 as controller and was named Ameris Bank's Chief Financial Officer in June 2016. Before joining Ameris Bank, she held the position of Chief Financial Officer for PAB Bankshares and Park Avenue Bank in Valdosta, Georgia. She also served as controller of The Bank in Birmingham, Alabama, and as a senior auditor for Synovus Financial Corporation in Columbus, Georgia. Ms. Stokes previously owned PAB Bankshares Inc (PABK).

James B. Miller Jr., Chairman

James B. Miller Jr. has served as Chairman of Ameris Bank since July 2019. Before joining Ameris Bank, Mr. Miller was the Chairman and Chief Executive Officer of Fidelity Southern Corporation since its inception in 1979. He acquired Fidelity in 1976. Mr. Miller has headed 10 different companies and served as Chairman for Berlin American Cos., Chairman of Prescott Automotive Group, Chairman & Chief Executive Officer of LionMark Insurance Co., and Chairman at Trinity Apex Solutions, Inc. His past roles also include Chairman of Fidelity National Capital, Inc., and Chairman for Fidelity Bank (Atlanta, Georgia).

Lawton E. Bassett III, President, Ameris Bank and Chief Banking Officer, Ameris Bancorp

Lawton E. Bassett III has served as Ameris Bank president and Ameris Bancorp chief banking officer since February 2017. Prior to his current role, he was executive vice president and chief banking officer for the company's Georgia and Alabama regions starting in January 2016, and a regional president and market president from 2006 to 2016. From 2003 to 2006, he served as president and chief executive officer of Citizens Security Bank, a wholly-owned subsidiary of Ameris Bancorp, until it was consolidated into Ameris Bank in 2006. Before joining Ameris, Mr. Bassett held various commercial lending and leadership positions at Barnett Bank and SunTrust.

Michael T. Pierson, Corporate Executive Vice President and Chief Governance Officer; Corporate Secretary

Michael T. Pierson has served as corporate executive vice president and chief governance officer of Ameris Bank and Ameris Bancorp since March 2020, and as corporate secretary since January 2022. Previously, he was executive vice president and chief operating officer of Ameris Bank and Ameris Bancorp from July 2019 to March 2020. Prior to joining Ameris, Mr. Pierson spent 21 years with Fidelity Southern Corporation and Fidelity Bank, where he held several leadership roles, including head of commercial banking, mergers and acquisitions, and chief risk officer.

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The key risks to Ameris Bancorp (ABCB) primarily revolve around interest rate sensitivities, the quality of its loan portfolio, and broader economic conditions.

1. Pressure on Net Interest Margin from Interest Rate Fluctuations and Competition: Ameris Bancorp's revenues are highly correlated to market interest rates, and its net interest margin (NIM) faces potential reversal risks and ongoing pressure due to increased competition for deposits. This directly impacts the company's core profitability as a banking institution.
2. Commercial Real Estate (CRE) Loan Risks and Overall Credit Quality: Management has identified Commercial Real Estate (CRE) loan risks as a key concern. The primary repayment risk for commercial loans generally stems from business failures due to economic or financial factors, which could adversely affect the company's financial condition and results of operations.
3. Adverse Economic Conditions and Regional Economic Downturns: The company's performance is significantly influenced by general competitive, economic, unemployment, political, and market conditions, including real estate market conditions. Fluctuations in these conditions can impact the creditworthiness of borrowers, collateral values, asset recovery values, and the overall value of investment securities. Heightened competition for deposits and regional economic downturns could also challenge Ameris Bancorp's ability to maintain growth and valuation momentum.

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The primary emerging threat for Ameris Bancorp (ABCB) is the increasing competition and disintermediation from technology-driven financial service providers (Fintechs and Big Tech companies). These entities offer digital-first banking solutions, streamlined lending platforms, and integrated payment services that can erode traditional banks' deposit bases, lending opportunities, and fee income. Examples include neobanks attracting younger customers with low-fee, mobile-first accounts, online lenders providing faster and more convenient credit options, and large technology companies embedding financial services directly into their ecosystems, bypassing traditional banking relationships. This shift fundamentally challenges the traditional branch-based banking model and customer acquisition strategies relied upon by regional banks like Ameris Bancorp.

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Ameris Bancorp (ABCB) provides a range of financial products and services primarily within the Southeastern United States. The addressable market sizes for its main products and services are as follows:

• Retail and Commercial Banking (Community Banking): The U.S. community banking market was valued at approximately USD 6.35 billion in 2024.
• Mortgage Banking (Residential Mortgage Lending): The U.S. home loan market reached approximately USD 2.29 trillion in 2025.
• Commercial Real Estate Lending: The total commercial and multifamily mortgage debt outstanding in the U.S. increased to approximately USD 4.79 trillion in Q4 2024.
• Wealth Management: The wealth management market size in the USA is projected to gain USD 170.26 billion.
• Premium Finance: null

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Ameris Bancorp (ABCB) is expected to drive future revenue growth over the next 2-3 years through several key strategies:

1. Loan and Deposit Growth: Ameris Bancorp anticipates achieving mid-single-digit loan and deposit growth, with deposit expansion being a key determinant for loan growth. The company has demonstrated success in increasing its portfolio loans and deposits.
2. Strategic Expansion in High-Growth Southeast Markets: The company is strategically positioned in Southeast markets, which are projected to experience population growth at approximately 1.7 times the national average over the next five years. Ameris Bancorp holds leading deposit market share positions in key metropolitan areas such as Atlanta, Jacksonville, and Savannah, with significant potential to further increase deposits within its existing footprint. Management plans to leverage its strong capital base and deposit growth for continued expansion in these regions.
3. Enhanced Efficiency and Cost Management: Ameris Bancorp has consistently focused on improving its efficiency ratio through disciplined expense management. This focus on operational excellence contributes to stronger profitability and optimizes resource allocation for revenue generation.
4. Net Interest Margin Expansion: The company has observed expansion in its net interest margin, which improved to 3.80% in the third quarter of 2025. Although slight margin compression is anticipated in coming quarters due to deposit cost pressures, a healthy net interest margin remains a critical component of its success.
5. Growth in Fee Income: Ameris Bancorp aims to increase its fee income, with a target of 5% to 7% growth. This focus on diversifying revenue streams is supported by increases in noninterest income, driven by areas like equipment finance, derivative fees, and securities gains.

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Share Repurchases

• Ameris Bancorp's board of directors authorized an expansion of its share repurchase program in October 2025, allowing for repurchases of up to $200 million of its outstanding common stock through October 31, 2026.
• Under the previous authorization, the company repurchased $36.3 million of its common stock during the 12 months preceding the October 2025 announcement.
• Quarterly share buybacks included $12.84 million in the second quarter of 2025 and $20.74 million in the first quarter of 2025.

Share Issuance

• Ameris Bancorp has consistently shown net common equity repurchases rather than issuances in recent years, with annual net common equity repurchased being -$8 million in 2024, -$20 million in 2023, and -$20 million in 2022.
• The number of shares outstanding decreased from 69.39 million in 2021 to 68.59 million in 2025.

Outbound Investments

• In December 2021, Ameris Bank, a subsidiary of Ameris Bancorp, acquired Balboa Capital Corporation, an online provider of business lending solutions. This was an all-cash transaction intended to accelerate Ameris Bank's small business and C&I lending initiatives and expand its presence in point-of-sale financing.

Capital Expenditures

• Ameris Bancorp reported capital expenditures of -$17.1 million for the trailing twelve months ending June 30, 2025.
• Annual capital expenditures were -$13.48 million in 2024, -$17.53 million in 2023, -$13.57 million in 2022, and -$25.45 million in 2021.