{"schema_version":"secwatch.filing_event.v1","accession":"0000730708-24-000023","form_type":"8-K","ticker":"SBCF","cik":"0000730708","company_name":"SEACOAST BANKING CORP OF FLORIDA","filed_at":"2024-01-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.790059+00:00","generated_at":"2026-06-06T18:46:54.416659+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Seacoast Q4 net income $29.5M ($0.35); plans $15M annual expense cut","bullets":["Net income of $29.5M ($0.35 diluted) vs $31.4M ($0.37) in Q3; full year $104.0M ($1.23) vs $106.5M ($1.66) in 2022.","Adjusted net income $36.5M ($0.43) in Q4; full year adjusted $154.7M ($1.83) up from $136.1M ($2.12) in 2022.","Net interest margin contracted 21bp to 3.36%; noninterest expense down 8% QoQ to $86.4M.","Repurchased 546,200 shares at $19.80; tangible book value per share rose to $15.08.","Q1 2024 expense initiative with ~$5M one-time charges and ~$15M annual run-rate savings."],"urls":{"canonical":"https://secwatch.observer/filing/0000730708-24-000023","json":"https://secwatch.observer/filing/0000730708-24-000023.json","markdown":"https://secwatch.observer/filing/0000730708-24-000023.md","text":"https://secwatch.observer/filing/0000730708-24-000023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/730708/000073070824000023/0000730708-24-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/730708/000073070824000023/sbcf-20240125.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T18:46:54.416659+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f00bc8318b6bc68d772d086014a642cf7c8382d9","claim":"SEACOAST BANKING CORP OF FLORIDA reported the quarter and year ended December 31, 2023 results: net income net income in the fourth quarter of 2023 of $29.5 million, or $0.35 per diluted share, EPS net income in the fourth quarter of 2023 of $29.5 million, or $0.35 per diluted share.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/730708/000073070824000023/0000730708-24-000023-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and year ended December 31, 2023"},{"label":"Net income","value":"net income in the fourth quarter of 2023 of $29.5 million, or $0.35 per diluted share"},{"label":"EPS","value":"net income in the fourth quarter of 2023 of $29.5 million, or $0.35 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}