Brief: Seacoast Banking Q2 Adjusted EPS USD 0.52 Vs. IBES Estimate USD 0.42

Seacoast Banking of Florida

24/07/2025 21:10

Overview

Seacoast Q2 2025 revenue rises 8%, beating analyst expectations, per LSEG data

Adjusted EPS for Q2 2025 beats consensus

Company completed acquisition of Heartland Bancshares on July 11, expanding Central Florida presence

Outlook

Seacoast expects acquisitions to enhance profitability and growth trajectory

Company plans to deploy excess capital through bank acquisitions

Seacoast sees strategic expansion in Central Florida and The Villages

Company maintains strong capital position with Tier 1 ratio at 14.6%

Result Drivers

NET INTEREST MARGIN - Expansion driven by disciplined execution and strategic focus

LOAN GROWTH - Annualized loan growth of 6% supported by strong pipeline

DEPOSIT COSTS - Well-managed deposit costs contributed to net interest income growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$151.40 mln
$145.50 mln (5 Analysts)
Q2 Adjusted EPS
Beat
$0.52
$0.42 (6 Analysts)
Q2 EPS
$0.5
Q2 Adjusted Net Income
Beat
$44.47 mln
$36.90 mln (4 Analysts)
Q2 Net Income
$42.69 mln
Q2 Net Interest Income
$127.30 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy."

Wall Street's median 12-month price target for Seacoast Banking Corporation of Florida is $29.00, about 0.2% above its July 23 closing price of $28.93

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nBw1csXQVa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)