SEACOAST BANKING CORP OF FLORIDA (SBCF) Form 8-K — Oct 27, 2026
Seacoast Banking Corporation of Florida (NASDAQ: SBCF) reported Q3 2026 net income of $59.9 million, or $0.55 per diluted share, up 64% year over year, with adjusted net income of $71.8 million ($0.66 per share) up 59% YoY. Net revenues rose 37% YoY to $215.0 million and net interest margin held steady at 3.83%, while organic loans grew at a 13% annualized pace with a $1.3 billion commercial pipeline. Management also completed the integration of Villages Bancorporation and continued buybacks, repurchasing over 1.2 million shares year to date. The company guided FY2026 adjusted EPS to $2.48-$2.52.
Key figures
- Eps
- 0.55
- Revenue
- 215000000
- Guidance
- FY2026 outlook: adjusted EPS $2.48-$2.52, adjusted revenue growth 28%-31%, adjusted efficiency ratio 53%-55%, high single digit organic loan growth, low-to-mid single digit organic deposit growth
- Net Income
- 59868000
- Total Debt
- 985000000
- Revenue Yoy
- 37% increase in net revenues
- Total Assets
- 21193366000
- Cash Position
- 303245000
- Shares Outstanding
- 96734000
- Npl ratio
- 0.54%
- Cet1 ratio
- 11.3%
- Acl to loans
- 1.41%
- Adjusted eps
- 0.66
- Total deposits
- 16580159000
- Cost of deposits
- 1.60%
- Adjusted net income
- 71846000
- Net interest income
- 183400000
- Net interest margin
- 3.83%
- Tier1 capital ratio
- 14.1%
- Shares repurchased ytd
- over 1.2 million
- Nim excluding accretion
- 3.66%
- Commercial loan pipeline
- 1300000000
- Adjusted efficiency ratio
- 53.87%
- Annualized loan growth q3
- 13%
- Tangible book value per share
- 15.96
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