---
schema_version: "secwatch.filing_event.v1"
accession: "0000730708-22-000063"
form_type: "8-K"
ticker: "SBCF"
cik: "0000730708"
company_name: "SEACOAST BANKING CORP OF FLORIDA"
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-23T00:25:19.469218+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Seacoast Q3 2022 net income $29.2M ($0.47 EPS); NIM expands 29 bps to 3.67%

## Summary
- Net income $29.2M ($0.47 diluted EPS), down 11% QoQ on higher provision and Hurricane Ian impact; up 27% YoY.
- Adjusted net income $32.8M ($0.53); adjusted pre-tax pre-provision earnings $49.0M, up 6% QoQ and 12% YoY.
- Net interest margin expanded 29 bps to 3.67%; cost of deposits remains low at 9 bps.
- Tangible common equity ratio 9.79%; tangible book value $15.98; loan-to-deposit ratio 76%.
- Completed Apollo and Drummond acquisitions; all branches opened quickly after Hurricane Ian.

## SEC filing metadata
- accession: 0000730708-22-000063
- form_type: 8-K
- ticker: SBCF
- cik: 0000730708
- company_name: SEACOAST BANKING CORP OF FLORIDA
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/730708/000073070822000063/0000730708-22-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/730708/000073070822000063/sbcf3q20228k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000730708-22-000063
- JSON: https://secwatch.observer/filing/0000730708-22-000063.json
- Plain text: https://secwatch.observer/filing/0000730708-22-000063.txt

## Key facts
- Earnings Releases
  SEACOAST BANKING CORP OF FLORIDA reported the quarter ended September 30, 2022 results: net income $29.2 million, EPS $0.47 per diluted share.
  - Period: the quarter ended September 30, 2022
  - Net income: $29.2 million
  - EPS: $0.47 per diluted share
  - Result: reported results
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/730708/000073070822000063/0000730708-22-000063-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.