Seacoast Banking Corporation of Florida reports results for the quarter ended June 30 - Earnings Summary

Seacoast Banking of Florida

24/07/2025 22:01

Seacoast Banking Corporation of Florida SBCF.OQ reported quarterly adjusted earnings of 52 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 36 cents.  The mean expectation of six analysts for the quarter was for earnings of 42 cents per share. Wall Street expected results to range from 39 cents to 43 cents per share.

Revenue rose 19.6% to $151.39 million from a year ago; analysts expected $145.47 million.

Seacoast Banking Corporation of Florida's reported EPS for the quarter was 50 cents​.

The company reported quarterly net income of $42.69 million.

Seacoast Banking Corporation of Florida shares had risen by 4.7% this quarter and gained 5.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.4% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

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 last closing price of $28.93

This summary was machine generated from LSEG data July 24 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
0.42
0.52
Beat
Mar. 31 2025
0.40
0.38
Missed
Dec. 31 2024
0.33
0.48
Beat
Sep. 30 2024
0.36
0.36
Met