---
schema_version: "secwatch.filing_event.v1"
accession: "0000730708-23-000003"
form_type: "8-K"
ticker: "SBCF"
cik: "0000730708"
company_name: "SEACOAST BANKING CORP OF FLORIDA"
filed_at: "2023-01-27T23:59:59+00:00"
generated_at: "2026-06-20T07:32:27.210825+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Seacoast Q4 adj EPS $0.56, NIM +69bps to 4.36%, Apollo/Drummond deals closed

## Summary
- GAAP net income $23.9M ($0.34 EPS) down 18% QoQ; adjusted net income $39.9M ($0.56 EPS) up 22% QoQ.
- Net interest margin expanded 69 bps to 4.36%; adjusted PTPP earnings $66.6M, up 36% QoQ.
- Completed acquisitions of Apollo Bancshares and Drummond Banking; expanded Florida footprint to six new markets.
- Adjusted ROAT 1.36% (vs 1.27% QoQ); adjusted efficiency ratio improved to 51.52% from 53.28%.
- Full year 2022 adj net income $136.1M ($2.12 EPS) up 1% YoY; GAAP net income $106.5M ($1.66 EPS) down 14%.

## SEC filing metadata
- accession: 0000730708-23-000003
- form_type: 8-K
- ticker: SBCF
- cik: 0000730708
- company_name: SEACOAST BANKING CORP OF FLORIDA
- filed_at: 2023-01-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/730708/000073070823000003/0000730708-23-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/730708/000073070823000003/sbcf-20230126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000730708-23-000003
- JSON: https://secwatch.observer/filing/0000730708-23-000003.json
- Plain text: https://secwatch.observer/filing/0000730708-23-000003.txt

## Key facts
- Earnings Releases
  SEACOAST BANKING CORP OF FLORIDA reported financial results for the quarter and year ended December 31, 2022.
  - Period: the quarter and year ended December 31, 2022
  - Result: reported results
  source text: On January 26, 2023 , Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) announced its financial results for the quarter and year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/730708/000073070823000003/0000730708-23-000003-index.htm

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