Seacoast Banking Corporation of Florida (SBCF) Reports In-Line Q2 EPS
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Seacoast Banking Reports Second Quarter 2016 Results
July 27, 2016 5:18 PM EDTSTUART, Fla., July 27, 2016 /PRNewswire/ -- Seacoast Banking Corporation of Florida ("Seacoast" or "the Company") (NASDAQ: SBCF) today reported results for the second quarter of 2016.Â
Seacoast reported net income of $5.3 million during the second quarter of 2016, compared to $4.0 million in the first quarter of 2016 and $5.8 million in the second quarter last year. Quarter over quarter, return on average assets (ROA) increased 7 basis points to 0.51% and return on tangible common equity (ROTCE) increased 150 basis points to 6.6%. During the... More
