Seacoast Banking Corporation of Florida (SBCF) Tops Q3 EPS by 1c
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Seacoast Reports Record Third Quarter 2019 Earnings Results
October 24, 2019 4:02 PM EDTNet Income Increased 57% Year-Over-Year to $25.6 Million
Improved Operating Leverage and Strong Performance in Both Commercial and Mortgage Banking Highlight 3Q Results
STUART, Fla., Oct. 24, 2019 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (Seacoast or the "Company) (NASDAQ: SBCF) today reported third quarter 2019 net income of $25.6 million, or $0.49 per diluted share, up 57% or $9.3 million year-over-year. Seacoast reported third quarter 2019 adjusted net income1 of $27.7 million, or $0.53 per diluted share, an increase of 57% or $10.1 million compared to the third quarter of 2018.
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