Seacoast Banking Corporation of Florida (SBCF) Misses Q4 EPS by 13c
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Seacoast Reports Fourth Quarter and Full-Year 2018 Results
January 24, 2019 4:02 PM ESTFull-Year Net Income Increased 57% Year-Over-Year to $67.3 Million
Net Interest Margin Expanded to 4.0%, Up 18 Basis Points from Prior Quarter
Achieved Record Commercial Originations, Up 21%Year-Over-Year
STUART, Fla., Jan. 24, 2019 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (Seacoast or the Company) (NASDAQ: SBCF) today reported fourth quarter 2018 net income of $16.0 million, or $0.31 per share, up 22% or $2.9 million year-over-year. For the full-year 2018, net income was $67.3 million, or $1.38 per share, up 57% year-over-year. Seacoast reported fourth quarter adjusted net income1 of $23.9 million, or $0.47 per... More
