Seacoast Banking Corporation of Florida (SBCF) Tops Q1 EPS by 2c, Revenues Miss
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Seacoast Reports First Quarter 2019 Results
April 25, 2019 4:01 PM EDTNet Income Increased 26% Year-Over-Year to $22.7 Million
Net Interest Margin Expands to 4.02%
27% Annualized Growth in Noninterest Bearing Demand Deposits
STUART, Fla., April 25, 2019 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (Seacoast or the Company) (NASDAQ: SBCF) today reported first quarter 2019 net income of $22.7 million, or $0.44 per share, up 26% or $4.7 million year-over-year. Seacoast reported first quarter 2019 adjusted net income1 of $24.2 million, or $0.47 per share, an increase of $4.9 million compared to the first quarter of 2018. First quarter 2019 results reflect the... More
