---
schema_version: "secwatch.filing_event.v1"
accession: "0000730708-24-000135"
form_type: "8-K"
ticker: "SBCF"
cik: "0000730708"
company_name: "SEACOAST BANKING CORP OF FLORIDA"
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T03:30:49.595052+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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%.

## SEC filing metadata
- accession: 0000730708-24-000135
- form_type: 8-K
- ticker: SBCF
- cik: 0000730708
- company_name: SEACOAST BANKING CORP OF FLORIDA
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/730708/000073070824000135/0000730708-24-000135-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/730708/000073070824000135/sbcf-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000730708-24-000135
- JSON: https://secwatch.observer/filing/0000730708-24-000135.json
- Plain text: https://secwatch.observer/filing/0000730708-24-000135.txt

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