Seacoast Banking Corporation of Florida (SBCF) Misses Q3 EPS by 4c

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Go back to Seacoast Banking Corporation of Florida (SBCF) Misses Q3 EPS by 4c

Seacoast Reports Third Quarter 2018 Results

October 25, 2018 4:02 PM EDT

Net Income Increased 15% Year-Over-Year to $16.3 Million

Third Consecutive Quarter of Record Consumer and Small Business Loan Originations, up 45% Year-Over-Year

First Green Acquisition Completed

STUART, Fla., Oct. 25, 2018 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (Seacoast or the Company) (NASDAQ: SBCF) reported net income of $16.3 million, or $0.34 per share for the third quarter of 2018, up 15% or $2.1 million year-over-year. Seacoast reported adjusted net income1 of $17.6 million, or $0.37 per share, representing a 16% or $2.5 million increase year-over-year.

For the third quarter 2018, return on... More