---
schema_version: "secwatch.filing_event.v1"
accession: "0000730708-25-000049"
form_type: "8-K"
ticker: "SBCF"
cik: "0000730708"
company_name: "SEACOAST BANKING CORP OF FLORIDA"
filed_at: "2025-02-28T23:59:59+00:00"
generated_at: "2026-05-26T00:39:26.294305+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Seacoast to acquire Heartland Bancshares for ~$110M, expects 7% EPS accretion in 2026

## Summary
- Total merger consideration ~$110M; per Heartland share: $147.10 cash or 4.9164 SBCF shares (value ~$141.96).
- Heartland has $641M deposits, $161M loans as of Dec 31, 2024; operates four branches in Sebring, FL.
- Transaction expected to close Q3 2025, subject to regulatory and Heartland shareholder approvals.
- Accretive to Seacoast EPS ~7% in 2026; modest TBV dilution earned back in ~2.25 years.
- Seacoast CEO Charles Shaffer cites strategic fit and growth in Central Florida.

## SEC filing metadata
- accession: 0000730708-25-000049
- form_type: 8-K
- ticker: SBCF
- cik: 0000730708
- company_name: SEACOAST BANKING CORP OF FLORIDA
- filed_at: 2025-02-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/730708/000073070825000049/0000730708-25-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/730708/000073070825000049/sbcf-20250227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000730708-25-000049
- JSON: https://secwatch.observer/filing/0000730708-25-000049.json
- Plain text: https://secwatch.observer/filing/0000730708-25-000049.txt

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