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

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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