secwatch.observer — SEC 8-K summary
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Issuer:     SEACOAST BANKING CORP OF FLORIDA (SBCF)
CIK:        0000730708
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0000730708-24-000214
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Seacoast reports Q3 2024 net income of $30.7M, TBVPS up 20% annualized
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- Net income $30.7M ($0.36 diluted EPS), increase of $0.4M from Q2 2024.
- Tangible book value per share rose 20% annualized to $16.20; Tier 1 capital ratio 14.8%.
- Net interest income $106.7M (+2% QoQ); NIM ex-accretion expanded 3 bps to 2.90%.
- Noninterest income $23.7M (+33% YoY); wealth AUM $2.0B (+26% YoY).
- Loans grew 6.6% annualized, pipeline $831M; customer deposits (ex-brokered) up 6.6% annualized.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/730708/000073070824000214/0000730708-24-000214-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/730708/000073070824000214/sbcf-20241106.htm
  HTML page:      https://secwatch.observer/filing/0000730708-24-000214

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