Seacoast Banking Corporation of Florida (SBCF) Tops Q1 EPS by 1c
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Seacoast Reports First Quarter 2018 Results
April 26, 2018 5:04 PM EDTNet Income Increased 127% Year-Over-Year to $18.0 Million; Net Revenue Increased 29% to $62.1 Million
Net Interest Margin Expanded 9 Basis Points from Prior Quarter
11% Annualized First Quarter Deposit Growth
Record Level of Consumer and Small Business Loan Originations
STUART, Fla., April 26, 2018 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (Seacoast or the Company) (NASDAQ: SBCF) reported net income of $18.0 million, or $0.38 per share for the first quarter of 2018, a 127% or $10.1 million increase year-over-year. Seacoast reported adjusted net income1 of $19.3... More
