earnings
confidence high
sentiment positive
materiality 0.80
Seacoast Q2 net income $0.50 EPS; NIM expands 10bps to 3.58%; loans grow 6.4% annualized
SEACOAST BANKING CORP OF FLORIDA
2025-Q2 EPS
reported $0.87
vs consensus $0.43
▲ beat
(+101.5%)
- Net income $42.7M ($0.50 diluted EPS); adjusted EPS $0.52; up 36% from Q1.
- NIM expanded 10bps to 3.58%; net interest income $126.9M, up 7% QoQ.
- Loans grew 6.4% annualized; pipelines robust at $920.9M; cost of deposits down 13bps to 1.80%.
- Completed Heartland acquisition ($777M assets); Villages acquisition expected Q4 2025 ($4.1B assets).
- Tangible book value $17.19, up 12% YoY; Tier 1 capital ratio 14.6%.