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Stock impact report

Seacoast Reports Second Quarter 2024 Results

Seacoast Banking Corporation of Florida (SBCF) 
Last seacoast banking corporation of florida earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: seacoastbank.com
Company Research Source: GlobeNewswire
Well-Positioned Balance Sheet with Strong Capital and Liquidity Continued Build in Loan Originations and Pipeline, Cost of Deposits Stabilizing Growth in Noninterest Income, and Well-Managed Noninterest Expense STUART, Fla., July 25, 2024 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ: SBCF) today reported net income in the second quarter of 2024 of $30.2 million, or $0.36 per diluted share, compared to $26.0 million, or $0.31 per diluted share in the first quarter of 2024 and $31.2 million, or $0.37 per diluted share in the second quarter of 2023. Adjusted net income1 for the second quarter of 2024 was $30.3 million, or $0.36 per diluted share, compared to $31.1 million, or $0.37 per diluted share in the first quarter of 2024 and $43.5 million, or $0.51 per diluted share in the second quarter of 2023. Pre-tax pre-provision earnings1 were $44.6 million in the second quarter of 2024, an increase of 25% compared to the first qua Show less Read more
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