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Sep 30
Seacoast Banking Q3 2025 Earnings Report
Seacoast Banking reported solid Q3 2025 results, with strong net interest income growth and improved profitability, aided by recent acquisitions.
Key Takeaways
Seacoast Banking delivered a robust third quarter driven by loan and deposit growth, higher net interest income, and increased adjusted earnings. Recent acquisitions strengthened the company’s footprint and future earnings potential.
Net income was $36.5 million, while adjusted net income reached $45.2 million.
Net interest income rose to $133.9 million, boosted by strong loan production and securities yield.
Tangible common equity to tangible assets improved to 9.76%, reflecting capital strength.
Completed acquisitions of Heartland Bancshares and Villages Bancorporation broadened geographic presence.
Seacoast Banking
Seacoast Banking
Seacoast Banking Revenue by Segment
Seacoast Banking Revenue by Geographic Location
Revenue by Segment
Net Interest Income Revenue
CapyFin.comService Charges Revenue
CapyFin.comWealth Mgmt Income Revenue
CapyFin.comInsurance Agency Revenue
CapyFin.comBOLI Income Revenue
CapyFin.comInterchange Income Revenue
CapyFin.comMortgage Fees Revenue
CapyFin.comOther Noninterest Revenue
CapyFin.comRevenue by Geographic Location
Florida Revenue
CapyFin.com Forward Guidance
Management expects stronger profitability ahead, driven by the integration of recent acquisitions and continued organic growth in loans and deposits.
Positive Outlook
- Anticipated earnings growth post-acquisition integration.
- Loan pipeline expansion expected to support revenue growth.
- Improved tangible book value after acquisitions.
- Strong balance sheet with high liquidity and capital levels.
- Growing fee-based businesses like wealth management and insurance.
Challenges Ahead
- Merger-related charges impacted current quarter results.
- Slight decline in net interest margin from prior quarter.
- Increased noninterest expense due to acquisition costs.
- Higher provisioning driven by loan growth.
- Potential dilution effects from recent M&A activity.