SBCF earnings

Annualized Organic Deposit Growth of 7% Net Interest Margin Grew 17 Basis Points Quarter over Quarter to 3.83% Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF) today reported unaudited results of operations and other financial information for the first quarter of 2026. First Quarter 2026 Highlights Net income of $31.9 million included a $39.5 million loss from a strategic repositioning of available-for-sale securities executed in January 2026. This action involved selling approximately $277.0 million in low-yielding securities and reinvesting the proceeds into higher-yielding positions, providing higher interest income going forward. This contribu

Investors May Listen to Live Webcast Seacoast Banking Corporation of Florida (NASDAQ:SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release first quarter 2026 results on April 28th, after the market closes. Upon release, investors may access a copy of Seacoast's earnings results at the company's website www.SeacoastBanking.com on the home page by selecting "Press Releases" under the heading "News/Events." Seacoast will host a conference call April 29th at 10:00 a.m. Eastern Time, to discuss the first quarter 2026 earnings results and business trends. Investors may call in (toll-free) by dialing (800) 715-9871 (Conference ID: 4307965). Char

15% Fourth Quarter Annualized Organic Loan Growth Net Interest Income Up 31% Quarter over Quarter and 28% Year over Year Transformative Acquisition of Villages Bancorporation, Inc. Adds $4.4 Billion in Assets Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF) today reported unaudited results of operations and other financial information for the fourth quarter and full year 2025. Fourth Quarter 2025 Highlights Net income of $34.3 million included $18.1 million in merger and integration costs and $23.4 million in day-one credit provisions in the Villages Bancorporation, Inc. ("VBI") acquisition. On an adjusted basis, pre-tax pre-provision earning

Investors May Listen to Live Webcast Seacoast Banking Corporation of Florida (NASDAQ:SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release fourth quarter 2025 results on January 29th, after the market closes. Upon release, investors may access a copy of Seacoast's earnings results at the company's website www.SeacoastBanking.com on the home page by selecting "Press Releases" under the heading "News/Events." Seacoast will host a conference call January 30th at 10:00 a.m. Eastern Time, to discuss the fourth quarter 2025 earnings results and business trends. Investors may call in (toll-free) by dialing (800) 715-9871 (Conference ID: 3069645)

Strong Organic Growth in Both Deposit and Loan Outstandings Completed Acquisition of Heartland Bancshares, Inc. Continued Robust Capital and Liquidity Position Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF) today reported net income in the third quarter of 2025 of $36.5 million, or $0.42 per diluted share, compared to $42.7 million, or $0.50 per diluted share, in the second quarter of 2025 and $30.7 million, or $0.36 per diluted share, in the third quarter of 2024. For the nine months ended September 30, 2025 and 2024, net income was $110.6 million, or $1.28 per diluted share, and $86.9 million, or $1.02 per diluted share, respectively. Adjusted

Investors May Listen to Live Webcast Seacoast Banking Corporation of Florida (NASDAQ:SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release third quarter 2025 results on October 27th, after the market closes. Upon release, investors may access a copy of Seacoast's earnings results at the company's website www.SeacoastBanking.com on the home page by selecting "Press Releases" under the heading "News/Events." Seacoast will host a conference call October 28th at 10:00 a.m. Eastern Time, to discuss the third quarter 2025 earnings results and business trends. Investors may call in (toll-free) by dialing (800) 715-9871 (Conference ID: 6579709).

Net Interest Margin Expands 10 Basis Points to 3.58% and Net Interest Income Grows 7% Annualized Loan Growth of 6% with Continuing Strong Pipeline Gains in Return on Average Assets, Return on Tangible Common Equity and Efficiency Ratio Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF) today reported net income in the second quarter of 2025 of $42.7 million, or $0.50 per diluted share, compared to $31.5 million, or $0.37 per diluted share, in the first quarter of 2025 and $30.2 million, or $0.36 per diluted share, in the second quarter of 2024. For the six months ended June 30, 2025 and 2024, net income was $74.2 million, or $0.87 per diluted share, an

Investors May Listen to Live Webcast Seacoast Banking Corporation of Florida (NASDAQ:SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release second quarter 2025 results on July 24th, after the market closes. Upon release, investors may access a copy of Seacoast's earnings results at the company's website www.SeacoastBanking.com on the home page by selecting "Press Releases" under the heading "News/Events." Seacoast will host a conference call July 25th at 10:00 a.m. Eastern Time, to discuss the second quarter 2025 earnings results and business trends. Investors may call in (toll-free) by dialing (800) 715-9871 (Conference ID: 5614613). Char

Continues Seacoast's Successful M&A Strategy, Expanding its Footprint into Attractive Market Known as The Villages Adds a Unique and Valuable Franchise with a Strong Core Deposit Base and Stable Cost of Funds Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF), the holding company for Seacoast National Bank ("Seacoast Bank"), announced today that it has signed a definitive agreement to acquire Villages Bancorporation, Inc. ("VBI"), parent company of Citizens First Bank based in The Villages, FL. The Villages is a unique planned community in Central Florida, with one of the highest population growth rates in the United States. The Villages community is h

Net Interest Margin Expands Nine Basis Points to 3.48% Annualized Growth in Deposits of 11% and in Loans of 6% Well-Positioned Balance Sheet with Strong Capital and Liquidity Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF) today reported net income in the first quarter of 2025 of $31.5 million, or $0.37 per diluted share, compared to $34.1 million, or $0.40 per diluted share, in the fourth quarter of 2024 and $26.0 million, or $0.31 per diluted share, in the first quarter of 2024. Adjusted net income1 for the first quarter of 2025 was $32.1 million, or $0.38 per diluted share, compared to $40.6 million, or $0.48 per diluted share, in the fourth quarte

Investors May Listen to Live Webcast Seacoast Banking Corporation of Florida (NASDAQ:SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release first quarter 2025 results on April 24th, after the market closes. Upon release, investors may access a copy of Seacoast's earnings results at the company's website www.SeacoastBanking.com on the home page by selecting "Press Releases" under the heading "News/Events." Seacoast will host a conference call April 25th at 10:00 a.m. Eastern Time, to discuss the first quarter 2025 earnings results and business trends. Investors may call in (toll-free) by dialing (800) 715-9871 (Conference ID: 4944599). Charts

Continues Seacoast's Successful M&A Strategy, Expanding its Footprint in Central Florida Adds a Seasoned Franchise with a History of High Profitability and Low-Cost Core Deposits Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF), the holding company for Seacoast National Bank ("Seacoast Bank"), announced today that it has signed a definitive agreement to acquire Heartland Bancshares, Inc. ("Heartland"), parent company of Heartland National Bank based in Sebring, FL. The proposed transaction will expand Seacoast's presence into this key Central Florida market. Heartland operates four branches with deposits of approximately $641 million and loans of app

Fourth Quarter 2024 Net Interest Margin Expands 22 Basis Points to 3.39% Well-Positioned Balance Sheet with Strong Capital and Liquidity Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF) today reported net income in the fourth quarter of 2024 of $34.1 million, or $0.40 per diluted share, compared to $30.7 million, or $0.36 per diluted share in the third quarter of 2024 and $29.5 million, or $0.35 per diluted share in the fourth quarter of 2023. For the year ended December 31, 2024, net income was $121.0 million, or $1.42 per diluted share, compared to $104.0 million, or $1.23 per diluted share, for the year ended December 31, 2023. Adjusted net income

Investors May Listen to Live Webcast Seacoast Banking Corporation of Florida (NASDAQ:SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release fourth quarter 2024 results on January 27th, after the market closes. Upon release, investors may access a copy of Seacoast's earnings results at the company's website www.SeacoastBanking.com on the home page by selecting "Press Releases" under the heading "News/Events." Seacoast will host a conference call January 28th at 10:00 a.m. Eastern Time, to discuss the fourth quarter 2024 earnings results and business trends. Investors may call in (toll-free) by dialing (800) 715-9871 (Conference ID: 8804483)

Strong Growth in Loans and Deposits Annualized 20% Increase in Tangible Book Value Per Share Well-Positioned Balance Sheet with Strong Capital and Liquidity STUART, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF) today reported net income in the third quarter of 2024 of $30.7 million, or $0.36 per diluted share, compared to $30.2 million, or $0.36 per diluted share in the second quarter of 2024 and $31.4 million, or $0.37 per diluted share in the third quarter of 2023. Pre-tax pre-provision earnings1 were $46.1 million in the third quarter of 2024, an increase of 3% compared to the second quarter of 20

STUART, Fla., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ:SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release third quarter 2024 results on October 24th, after the market closes. Upon release, investors may access a copy of Seacoast's earnings results at the company's website www.SeacoastBanking.com on the home page by selecting "Press Releases" under the heading "News/Events." Seacoast will host a conference call October 25th at 10:00 a.m. Eastern Time, to discuss the third quarter 2024 earnings results and business trends. Investors may call in (toll-free) by dialing (800) 715-9871 (Conference ID: 6

Well-Positioned Balance Sheet with Strong Capital and Liquidity Continued Build in Loan Originations and Pipeline, Cost of Deposits Stabilizing Growth in Noninterest Income, and Well-Managed Noninterest Expense STUART, Fla., July 25, 2024 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF) today reported net income in the second quarter of 2024 of $30.2 million, or $0.36 per diluted share, compared to $26.0 million, or $0.31 per diluted share in the first quarter of 2024 and $31.2 million, or $0.37 per diluted share in the second quarter of 2023. Adjusted net income1 for the second quarter of 2024 was $30.3 million, or $0.36 per dilu

STUART, Fla., July 01, 2024 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ:SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release second quarter 2024 results on July 25th, after the market closes. Upon release, investors may access a copy of Seacoast's earnings results at the company's website www.SeacoastBanking.com on the home page by selecting "Press Releases" under the heading "News/Events." Seacoast will host a conference call July 26th at 10:00 a.m. Eastern Time, to discuss the second quarter 2024 earnings results and business trends. Investors may call in (toll-free) by dialing (800) 715-9871 (Conference ID: 59679

Q1 Highlights Included Impressive Growth in Deposits, Successful Completion of Our Expense Initiative, and Building Wealth and Lending Pipelines Strong Capital Position Builds Quarter over Quarter STUART, Fla., April 25, 2024 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF) today reported net income in the first quarter of 2024 of $26.0 million, or $0.31 per diluted share, compared to $29.5 million, or $0.35 per diluted share in the fourth quarter of 2023 and $11.8 million, or $0.15 per diluted share in the first quarter of 2023. Adjusted net income1 for the first quarter of 2024 was $31.1 million, or $0.37 per diluted share, compa

STUART, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ:SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release first quarter 2024 results on April 25th, after the market closes. Upon release, investors may access a copy of Seacoast's earnings results at the company's website www.SeacoastBanking.com on the home page by selecting "Press Releases" under the heading "News/Events." Seacoast will host a conference call April 26th at 10:00 a.m. Eastern Time, to discuss the first quarter 2024 earnings results and business trends. Investors may call in (toll-free) by dialing (800) 715-9871 (Conference ID: 7523

Well-Positioned Balance Sheet with Strong Capital and Liquidity Strategic Expense Measures Executed Robust Capital Position Builds Significantly Quarter over Quarter STUART, Fla., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF) today reported net income in the fourth quarter of 2023 of $29.5 million, or $0.35 per diluted share, compared to $31.4 million, or $0.37 per diluted share in the third quarter of 2023 and $23.9 million, or $0.34 per diluted share in the fourth quarter of 2022. For the year ended December 31, 2023, net income was $104.0 million, or $1.23 per diluted share, compared to $106.5 million, or $1.66

STUART, Fla., Jan. 05, 2024 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ:SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release fourth quarter 2023 results on January 25th, after the market closes. Upon release, investors may access a copy of Seacoast's earnings results at the company's website www.SeacoastBanking.com on the home page by selecting "Press Releases" under the heading "News/Events." Seacoast will host a conference call January 26th at 10:00 a.m. Eastern Time, to discuss the fourth quarter 2023 earnings results and business trends. Investors may call in (toll-free) by dialing (800) 715-9871. Charts will be

Well-Positioned Balance Sheet with Strong Capital and Liquidity Organic Deposit Growth Highlights Third Quarter Results Robust Capital Position Builds Quarter over Quarter STUART, Fla., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF) today reported net income in the third quarter of 2023 of $31.4 million, or $0.37 per diluted share, compared to $31.2 million, or $0.37 per diluted share in the second quarter of 2023 and $29.2 million, or $0.47 per diluted share in the third quarter of 2022. For the nine months ended September 30, 2023, net income was $74.5 million, or $0.89 per diluted share, a decrease of 10% compared

STUART, Fla., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ:SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release third quarter 2023 results on October 26th, after the market closes. Upon release, investors may access a copy of Seacoast's earnings results at the company's website www.SeacoastBanking.com on the home page by selecting "Press Releases" under the heading "News/Events." Seacoast will host a conference call October 27th at 10:00 a.m. Eastern Time, to discuss the third quarter 2023 earnings results and business trends. Investors may call in (toll-free) by dialing (800) 919-1728. Charts will be u

Well-Positioned Balance Sheet with Strong Capital and Liquidity Distinctive Deposit Franchise with Granular, Longstanding Customer Base STUART, Fla., July 27, 2023 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF) today reported net income in the second quarter of 2023 of $31.2 million, or $0.37 per diluted share, compared to $11.8 million, or $0.15 per diluted share in the first quarter of 2023 and $32.8 million, or $0.53 per diluted share in the second quarter of 2022. For the six months ended June 30, 2023, net income was $43.1 million, or $0.52 per diluted share, a decrease of 19% compared to the six months ended June 30, 2022. A

STUART, Fla., July 05, 2023 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ:SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release second quarter 2023 results on July 27th, after the market closes. Upon release, investors may access a copy of Seacoast's earnings results at the company's website www.SeacoastBanking.com on the home page by selecting "Press Releases" under the heading "News/Events." Seacoast will host a conference call July 28th at 10:00 a.m. Eastern Time, to discuss the second quarter 2023 earnings results and business trends. Investors may call in (toll-free) by dialing (800) 736-4594. Charts will be used

Well-Positioned $15 Billion Balance Sheet with Strong Capital and Liquidity Strong Deposit Franchise with Granular, Longstanding Customer Base Completes Acquisition of Professional Holding Corp. STUART, Fla., April 27, 2023 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF) today reported net income in the first quarter of 2023 of $11.8 million, or $0.15 per diluted share, including $17.5 million in combined merger-related costs for the acquisitions of both Drummond Banking Company ("Drummond") and Professional Holding Corp. ("Professional"). Adjusted net income1 for the first quarter of 2023 was $29.2 million, or $0.36 per diluted s

STUART, Fla., April 06, 2023 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ:SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release first quarter 2023 results on April 27th, after the market closes. Upon release, investors may access a copy of Seacoast's earnings results at the company's website www.SeacoastBanking.com on the home page by selecting "Press Releases" under the heading "News/Events." Seacoast will host a conference call April 28th at 10:00 a.m. Eastern Time, to discuss the first quarter 2023 earnings results and business trends. Investors may call in (toll-free) by dialing (800) 949-8476. Charts will

Fourth Quarter 2022 Net Interest Margin Expands to 4.36%, Up 69 Basis Points from Prior Quarter Completes Acquisitions of Apollo Bancshares, Inc. and Drummond Banking Company Well-Positioned Balance Sheet with Strong Capital Position STUART, Fla., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF) today reported net income in the fourth quarter of 2022 of $23.9 million, or $0.34 per diluted share, including $16.1 million in merger-related costs and $15.0 million in provision for credit losses associated with bank acquisitions during the quarter. Fourth quarter 2022 net income decreased 18% compared to the third quarter o

STUART, Fla., Jan. 03, 2023 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ:SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release fourth quarter 2022 results on January 26th, after the market closes. Upon release, investors may access a copy of Seacoast's earnings results at the company's website www.SeacoastBanking.com on the home page by selecting "Press Releases" under the heading "News/Events." Seacoast will host a conference call January 27th at 10:00 a.m. Eastern Time, to discuss the fourth quarter 2022 earnings results and business trends. Investors may call in (toll-free) by dialing (800) 763-5615. Charts will be

Significant Expansion in Net Interest Margin and Net Interest Income Highlight Q3 Results Well-Positioned Balance Sheet with Strong Capital and Liquidity STUART, Fla., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF) today reported net income in the third quarter of 2022 of $29.2 million, or $0.47 per diluted share. Third quarter 2022 net income decreased 11% compared to the second quarter of 2022 due to higher provision for credit losses resulting from changes in economic forecast factors, and additional coverage for estimated economic impacts from Hurricane Ian. Third quarter 2022 net income increased 27% compared to

Investors May Listen to Live Webcast STUART, Fla., Sept. 30, 2022 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ:SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release third quarter 2022 results on October 27th, after the market closes. Upon release, investors may access a copy of Seacoast's earnings results at the company's website www.SeacoastBanking.com on the home page by selecting "Press Releases" under the heading "News/Events." Seacoast will host a conference call October 28th at 10:00 a.m. Eastern Time, to discuss the third quarter 2022 earnings results and business trends. Investors may call in (toll-free) by d

Accelerates Seacoast's Successful Strategy of Expanding its Presence in the Attractive South Florida Market Seacoast Banking Corporation of Florida ("Seacoast") (NASDAQ:SBCF), the holding company for Seacoast National Bank ("Seacoast Bank"), and Professional Holding Corp. ("Professional") (NASDAQ:PFHD), parent company of Professional Bank, announced today that they have signed a definitive agreement under which Seacoast will acquire Professional. The proposed transaction will expand Seacoast's footprint in the dynamic tri-county South Florida market, which includes Miami-Dade, Broward, and Palm Beach Counties, the largest MSA in Florida and the eighth largest in the nation. This press rele

STUART, Fla., Aug. 08, 2022 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast") (NASDAQ:SBCF), the holding company for Seacoast National Bank ("Seacoast Bank"), and Professional Holding Corp. ("Professional") (NASDAQ:PFHD), parent company of Professional Bank, announced today that they have signed a definitive agreement under which Seacoast will acquire Professional. The proposed transaction will expand Seacoast's footprint in the dynamic tri-county South Florida market, which includes Miami-Dade, Broward, and Palm Beach Counties, the largest MSA in Florida and the eighth largest in the nation. Professional Bank, the sixth largest bank headquartered in South Florida,

Record Commercial Loan Originations, Strong Growth in Demand Deposits, and Significant Expansion in Net Interest Margin Highlight Q2 Results Well-Positioned Balance Sheet with Strong Capital and Liquidity STUART, Fla., July 28, 2022 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF) today reported net income in the second quarter of 2022 of $32.8 million, or $0.53 per diluted share. Second quarter 2022 net income grew 59% compared to the first quarter of 2022, and increased 4% compared to the second quarter of 2021. Adjusted net income1 for the second quarter of 2022 was $36.3 million, or $0.59 per diluted share. Second quarter 2022 ad

STUART, Fla., July 01, 2022 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ:SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release second quarter 2022 results on July 28th, after the market closes. Upon release, investors may access a copy of Seacoast's earnings results at the company's website www.SeacoastBanking.com on the home page by selecting "Press Releases" under the heading "News/Events." Seacoast will host a conference call July 29th at 10:00 a.m. Eastern Time, to discuss the second quarter 2022 earnings results and business trends. Investors may call in (toll-free) by dialing (866) 374-5140 (passcode: 1306 571

Continues Seacoast's Successful M&A Strategy, Expanding its Footprint into North FloridaAdds a Seasoned 32-year-old Franchise with a Strong History of Profitability and Low-Cost Core Deposits STUART, Fla., May 04, 2022 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast") (NASDAQ:SBCF), the holding company for Seacoast National Bank ("Seacoast Bank"), announced today that it has signed a definitive agreement to acquire Drummond Banking Company ("Drummond"), parent company of Drummond Community Bank based in Chiefland, FL. The proposed transaction will expand Seacoast's presence into new and growing Florida markets including Ocala and Gainesville. Drummond operates 18 b

Disciplined Loan Growth, Strong Deposit Growth, and Rising Net Interest Margin Highlight Q1 Results Well-Positioned Balance Sheet with Strong Capital and Liquidity STUART, Fla., April 28, 2022 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF) today reported net income in the first quarter of 2022 of $20.6 million, or $0.33 per diluted share, which includes merger-related costs and a $5.1 million increase in the provision for credit losses associated with acquisition activity during the quarter. First quarter 2022 results represent a decrease of 43% compared to the fourth quarter of 2021, and a decrease of 39% compared to the first qua

STUART, Fla., April 01, 2022 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ:SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release first quarter 2022 results on April 28th, after the market closes. Upon release, investors may access a copy of Seacoast's earnings results at the company's website www.SeacoastBanking.com on the home page by selecting "Press Releases" under the heading "News/Events." Seacoast will host a conference call April 29th at 10:00 a.m. Eastern Time, to discuss the first quarter 2022 earnings results and business trends. Investors may call in (toll-free) by dialing (866) 374-5140 (passcode: 9139 5012

STUART, Fla., March 29, 2022 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast") (NASDAQ:SBCF), the holding company for Seacoast National Bank ("Seacoast Bank"), announced today that it has signed a definitive agreement to acquire Apollo Bancshares, Inc. ("Apollo"), parent company of Apollo Bank based in Miami, FL. The proposed transaction will expand Seacoast's presence in Miami-Dade County, part of the Miami-Fort Lauderdale-Pompano Beach metropolitan statistical area, Florida's largest MSA and the 8th largest in the nation. Apollo Bank operates five branches across Miami-Dade County with deposits of approximately $928 million and loans of $665 million as of December

Full Year Net Income of $124.4 Million, Increasing 60% Year-over-Year Strong Growth in Loan Outstandings and Record Loan Pipelines Highlight Q4 Results STUART, Fla., Jan. 27, 2022 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF) today reported net income in the fourth quarter of 2021 of $36.3 million, or $0.62 per diluted share. Fourth quarter 2021 results represent an increase of 58% compared to the third quarter of 2021, and an increase of 24% compared to the fourth quarter of 2020. For the full year 2021, net income was $124.4 million, or $2.18 per diluted share, an increase of 60% compared to the full year 2020. Adjusted net inco

INVESTORS MAY LISTEN TO LIVE WEBCAST STUART, Fla., Dec. 30, 2021 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ:SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release fourth quarter 2021 results on January 27th, after the market closes. Upon release, investors may access a copy of Seacoast's earnings results at the company's website www.SeacoastBanking.com on the home page by selecting "Press Releases" under the heading "News/Events." Seacoast will host a conference call January 28th at 10:00 a.m. Eastern Time, to discuss the fourth quarter 2021 earnings results and business trends. Investors may call in (toll-free) by

Strong Quarter for Commercial Loan Originations and Pipeline Generation Tangible Book Value Per Share Expands to $17.52, Up 13% from the Prior Year STUART, Fla., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF) today reported net income in the third quarter of 2021 of $22.9 million, or $0.40 per diluted share, which includes merger related costs associated with acquisition activity during the quarter and an increase in the provision for loan losses associated with onboarding Legacy Bank of Florida. Third quarter 2021 results represent a decrease of 27% compared to the second quarter of 2021, and an increase of 1% compar

STUART, Fla., Sept. 30, 2021 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ:SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release third quarter 2021 results on October 28th, after the market closes. Upon release, investors may access a copy of Seacoast's earnings results at the company's website www.SeacoastBanking.com on the home page by selecting "Press Releases" under the heading "News/Events." Seacoast will host a conference call October 29th at 10:00 a.m. Eastern Time, to discuss the third quarter 2021 earnings results and business trends. Investors may call in (toll-free) by dialing (800) 774-6070 (passcode: 6626

Establishes Presence in Growing and Affluent Sarasota County Advances Market Share Expansion in Brevard County, the Silicon Valley of the Aerospace Industry STUART, Fla., Aug. 23, 2021 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast") (NASDAQ:SBCF), the holding company for Seacoast National Bank ("Seacoast Bank"), announced today that it has entered into two separate definitive agreements to acquire Sabal Palm Bancorp, Inc. ("Sabal Palm"), parent company of Sabal Palm Bank based in Sarasota, FL and Business Bank of Florida, Corp. ("BBFC"), parent company of Florida Business Bank based in Melbourne, FL. The proposed transactions will deepen Seacoast's presence in Br

Pipelines Expand Sequentially, in Line with a Flourishing Florida Economy Record Quarter for Wealth Management, Interchange Income, and Growth in Transaction Account Balances STUART, Fla., July 22, 2021 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF) today reported net income in the second quarter of 2021 of $31.4 million, or $0.56 per diluted share, a decrease of 7% compared to the first quarter of 2021, and an increase of 25% compared to the second quarter of 2020. Adjusted net income1 for the second quarter of 2021 was $33.3 million, or $0.59 per diluted share, a decrease of 6% compared to the first quarter of 2021, and an incre