other material
confidence high
sentiment neutral
materiality 0.30
Seacoast Banking reaffirms 2026 guidance; slight revenue growth low-end cut to 28%
SEACOAST BANKING CORP OF FLORIDA
- Adjusted Q1 2026 EPS of $0.62, up 111% YoY and 42% from prior quarter.
- 2026 adjusted EPS guidance reaffirmed at $2.48-$2.52; revenue growth narrowed to 28%-31% from 29%-31%.
- Adjusted ROA target for 4Q'26 unchanged at 1.30%; adjusted ROTE target unchanged at 16.0%.
- Q1 adjusted net income $67.8M; net interest margin expanded 17bp to 3.83%.
- Tier 1 capital ratio 14.6%; loan-to-deposit ratio 76%.