---
schema_version: "secwatch.filing_event.v1"
accession: "0000730708-23-000023"
form_type: "8-K"
ticker: "SBCF"
cik: "0000730708"
company_name: "SEACOAST BANKING CORP OF FLORIDA"
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T09:55:39.948250+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Seacoast Q1 adj. EPS $0.36; net interest income up 10% QoQ; closes Professional acquisition

## Summary
- Net income $11.8M ($0.15 diluted); adjusted net income $29.2M ($0.36 diluted).
- Pre-tax pre-provision earnings $46.3M; adjusted $71.1M, up 7% QoQ and 70% YoY.
- Net interest income $131.4M, up 10% QoQ; NIM 4.31%.
- Closed Professional Holding Corp. acquisition Jan 31; day-1 CECL provision $26.6M.
- CET1 ratio 12.80%; tangible common equity/tangible assets 8.4%; loan-to-deposit 82%.

## SEC filing metadata
- accession: 0000730708-23-000023
- form_type: 8-K
- ticker: SBCF
- cik: 0000730708
- company_name: SEACOAST BANKING CORP OF FLORIDA
- filed_at: 2023-04-27T23:59:59+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/730708/000073070823000023/0000730708-23-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/730708/000073070823000023/sbcf-20230427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000730708-23-000023
- JSON: https://secwatch.observer/filing/0000730708-23-000023.json
- Plain text: https://secwatch.observer/filing/0000730708-23-000023.txt

## Key facts
- Earnings Releases
  SEACOAST BANKING CORP OF FLORIDA reported the quarter ended March 31, 2023 results: net income $11.8 million, EPS $0.15 per diluted share.
  - Period: the quarter ended March 31, 2023
  - Net income: $11.8 million
  - EPS: $0.15 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 first quarter of 2023 of $11.8 million, or $0.15 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/730708/000073070823000023/0000730708-23-000023-index.htm

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