---
schema_version: "secwatch.filing_event.v1"
accession: "0000730708-25-000108"
form_type: "8-K"
ticker: "SBCF"
cik: "0000730708"
company_name: "SEACOAST BANKING CORP OF FLORIDA"
filed_at: "2025-04-24T23:59:59+00:00"
generated_at: "2026-05-23T07:32:45.388510+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000730708-25-000108
- form_type: 8-K
- ticker: SBCF
- cik: 0000730708
- company_name: SEACOAST BANKING CORP OF FLORIDA
- filed_at: 2025-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/730708/000073070825000108/0000730708-25-000108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/730708/000073070825000108/sbcf-20250424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000730708-25-000108
- JSON: https://secwatch.observer/filing/0000730708-25-000108.json
- Plain text: https://secwatch.observer/filing/0000730708-25-000108.txt

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