secwatch.observer — SEC 8-K summary
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Issuer:     SEACOAST BANKING CORP OF FLORIDA (SBCF)
CIK:        0000730708
Form:       8-K
Filed at:   2025-07-24T23:59:59+00:00
Accession:  0000730708-25-000162
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Seacoast Q2 net income $0.50 EPS; NIM expands 10bps to 3.58%; loans grow 6.4% annualized
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/730708/000073070825000162/0000730708-25-000162-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/730708/000073070825000162/sbcf-20250724.htm
  HTML page:      https://secwatch.observer/filing/0000730708-25-000162

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer