Seacoast Banking Earnings Reports

Seacoast Banking delivered robust Q2 2025 results with revenue growth, expanded net interest margin, and improved efficiency ratio. Strong credit quality and disciplined cost management supported profitability.

Seacoast Banking Corporation of Florida delivered a solid first quarter in 2025, with GAAP net income of $31.5 million and diluted EPS of $0.37. The company saw strong annualized growth in deposits (11%) and loans (6%), while net interest margin expanded by nine basis points to 3.48%. The balance sheet remains well-positioned with strong capital and liquidity.

Seacoast Banking Corporation of Florida reported net income of $30.7 million for the third quarter of 2024, with diluted earnings per share of $0.36. The company achieved nearly 7% annualized loan growth and 7% annualized customer deposit growth, demonstrating a turn in organic growth. Pre-tax pre-provision earnings increased by 3% quarter-over-quarter, and the balance sheet remained strong with a Tier 1 capital ratio of 14.8% and a tangible common equity to tangible assets ratio of 9.64%.

Seacoast Banking Corporation of Florida reported a net income of $29.2 million, or $0.47 per diluted share, for Q3 2022. The results reflect a decrease compared to the previous quarter, but an increase compared to the same quarter last year. The company's net interest margin and net interest income significantly expanded, with disciplined loan growth and strong asset quality metrics.