Seacoast Banking Corporation of Florida Q2 2023 Earnings Report

Seacoast Banking Corporation of Florida EPS Results

• Actual EPS: $0.51
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

Seacoast Banking Corporation of Florida Revenue Results

• Actual Revenue: $148.91 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Seacoast Banking Corporation of Florida Announcement Details

• Quarter: Q2 2023
• Date: 9/3/2024
• Time: After Market Closes
• Conference Call Date: N/A
• Conference Call Time: N/A

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) operates as a bank holding company through its principal subsidiary, Seacoast National Bank. Headquartered in Stuart, Florida, Seacoast National Bank provides a full range of commercial and retail banking services across the coastal region of Florida. Its network of branches serves customers from Martin County through Miami-Dade County, offering deposit accounts, lending solutions, cash management and payment services to individuals, small businesses and middle-market companies.

In addition to traditional banking, Seacoast offers specialized mortgage lending and wealth management services. Through Seacoast Mortgage, the company originates residential and commercial real estate loans, while its wealth division provides private banking, trust administration and financial planning. The bank’s treasury management platform supports business clients with online banking tools, merchant card processing, payroll services and liquidity solutions. Insurance products, including property/casualty and personal risk coverage, are also marketed to retail and commercial customers.

Founded in 1926 as the Bank of Stuart, Seacoast has grown organically and through strategic acquisitions to become a community-oriented institution with deep ties to its service area. The company emphasizes personalized service and local decision-making, while investing in digital platforms to enhance customer experience. Glenn R. Lubert, Jr. serves as president and chief executive officer, guiding Seacoast’s mission to support economic growth and financial well-being within the Florida communities it serves.