Earnings ·
Seacoast reports Q3 net income of $59.9 million, or $0.55 per share
SBCFSeacoast Banking Corp of Florida
Seacoast Banking Corporation of Florida reported third-quarter 2026 net income of $59.9 million, or $0.55 per diluted share, a 1% increase from the prior quarter and a 64% rise year-over-year. Adjusted net income reached $71.8 million, or $0.66 per share. Net interest income grew 2% to $183.4 million, with a stable net interest margin of 3.83%. The company achieved 13% annualized organic loan growth and maintained a Tier 1 capital ratio of 14.1%. Seacoast operates as a community bank in Florida and Georgia.