Seacoast Q1 EPS $0.37, NIM up 9bps to 3.48%, deposits +11% annualized

SEACOAST BANKING CORP OF FLORIDA

2025-Q1 EPS reported $0.37

Net income $31.5M ($0.37 diluted); adjusted net income $32.1M ($0.38).
Net interest margin expanded 9 bps to 3.48%; cost of deposits fell 15 bps to 1.93%.
Total deposits grew $332M (11% annualized); noninterest-bearing deposits up 17% annualized.
Loans grew 5.6% annualized; loan pipeline increased $288M to $982M.
Announced acquisition of Heartland Bancshares (~$763M assets), expected close Q3 2025.

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.