Seacoast Q1 net income $26M ($0.31 diluted EPS); adjusted EPS $0.37

SEACOAST BANKING CORP OF FLORIDA

2024-Q1 EPS reported $0.31

Net interest income $105.3M, down 5% QoQ; NIM narrowed 12 bps to 3.24%.
Total deposits rose 8% annualized; noninterest-bearing demand deposits grew $10.4M.
Wealth management AUM hit record $1.9B, up $160M; CAGR 28% since 2019.
Sold $86.8M securities at 3.08% yield, reinvested at 5.53%; Visa gain offset losses.
Tangible book value per share $15.26; Tier 1 capital ratio 14.6%.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.