earnings
confidence high
sentiment positive
materiality 0.75
Seacoast Q2 net income $59.5M ($0.55/sh), up 87% QoQ; organic loan growth 16% annualized
SEACOAST BANKING CORP OF FLORIDA
- Net income $59.5M ($0.55 diluted EPS) up 87% QoQ; adjusted net income $65.8M ($0.61/sh).
- 16% annualized organic loan growth; commercial loan pipeline $1.3B, up 24% QoQ.
- Net interest margin stable at 3.83%; core NIM ex-accretion expanded 8 bps to 3.65%.
- Wealth management AUM $3.2B, up 45% YoY; added $388M organic AUM in H1 2026.
- Repurchased 751,680 shares in Q2; Tier 1 capital ratio 14.3%.