---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-027918"
form_type: "8-K"
ticker: "SBCF"
cik: "0000730708"
company_name: "SEACOAST BANKING CORP OF FLORIDA"
filed_at: "2026-04-28T23:59:59+00:00"
generated_at: "2026-05-15T03:24:43.525954+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Seacoast Q1 adjusted EPS $0.62, up 111% YoY; NIM expands 17 bps to 3.83%

## Summary
- Net income $31.9M includes $39.5M loss from strategic securities repositioning of $277M low-yielding securities.
- Adjusted net income $67.8M ($0.62 diluted EPS), up 42% QoQ and 111% YoY.
- Organic deposit growth 7% annualized; noninterest-bearing deposits up 29% annualized; cost of deposits down 13 bps to 1.54%.
- Net interest margin 3.83%, up 17 bps; adjusted NIM ex-accretion 3.57%, up 13 bps.
- Repurchased 317,628 shares during quarter; Tier 1 capital ratio 14.6%.

## SEC filing metadata
- accession: 0001628280-26-027918
- form_type: 8-K
- ticker: SBCF
- cik: 0000730708
- company_name: SEACOAST BANKING CORP OF FLORIDA
- filed_at: 2026-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/730708/000162828026027918/0001628280-26-027918-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/730708/000162828026027918/sbcf-20260428.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-027918
- JSON: https://secwatch.observer/filing/0001628280-26-027918.json
- Plain text: https://secwatch.observer/filing/0001628280-26-027918.txt

## Source-grounded claims
- claim_id: 27b356eeb79aeb03afc6106ba1591dae6680649f
  claim: SEACOAST BANKING CORP OF FLORIDA reported quarter ended March 31, 2026 results: revenue Net revenues were $163.9 million in the first quarter of 2026, net income Net income of $31.9 million, EPS Adjusted net income 1 of $67.8 million, or $0.62 per share.
  evidence_excerpt: Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ: SBCF) today reported unaudited results of operations and other financial information for the first quarter of 2026. First Quarter 2026 Highlights • Net income of $31.9 million included a $39.5 million loss from a strategic repositioning of available-for-sale securities executed in January 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/730708/000162828026027918/0001628280-26-027918-index.htm

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