Seacoast Banking Corporation of Florida (SBCF) Tops Q2 EPS by 5c

Go back to Seacoast Banking Corporation of Florida (SBCF) Tops Q2 EPS by 5c

Seacoast Reports Second Quarter 2022 Results

July 28, 2022 4:01 PM EDT

Record Commercial Loan Originations, Strong Growth in Demand Deposits, and Significant Expansion in Net Interest Margin Highlight Q2 Results

Well-Positioned Balance Sheet with Strong Capital and Liquidity

STUART, Fla., July 28, 2022 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ: SBCF) today reported net income in the second quarter of 2022 of $32.8 million, or $0.53 per diluted share. Second quarter 2022 net income grew 59% compared to the first quarter of 2022, and increased 4% compared to the second quarter of 2021. Adjusted net income1 for... More