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Seacoast Banking Corporation of Florida to Announce First Quarter Earnings Results April 25, 2024

Retrieved on:

Monday, April 1, 2024

STUART, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ: SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release first quarter 2024 results on April 25th, after the market closes.

Key Points:

STUART, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ: SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release first quarter 2024 results on April 25th, after the market closes.
Upon release, investors may access a copy of Seacoast’s earnings results at the company’s website www.SeacoastBanking.com on the home page by selecting “Press Releases” under the heading “News/Events.”
Seacoast will host a conference call April 26th at 10:00 a.m. Eastern Time, to discuss the first quarter 2024 earnings results and business trends.
Investors may call in (toll-free) by dialing (800) 715-9871 (Conference ID: 7523995).
Charts will be used during the conference call and may be accessed at Seacoast’s website at www.SeacoastBanking.com by selecting “Presentations” under the heading “News/Events.” Additionally, a recording of the call will be made available to individuals shortly after the conference call and can be accessed via a link at www.SeacoastBanking.com under the heading “Corporate Information.” The recording will be available for one year.

Seacoast Reports Fourth Quarter and Full Year 2023 Results

Retrieved on:

Thursday, January 25, 2024

STUART, Fla., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ: SBCF) today reported net income in the fourth quarter of 2023 of $29.5 million, or $0.35 per diluted share, compared to $31.4 million, or $0.37 per diluted share in the third quarter of 2023 and $23.9 million, or $0.34 per diluted share in the fourth quarter of 2022. For the year ended December 31, 2023, net income was $104.0 million, or $1.23 per diluted share, compared to $106.5 million, or $1.66 per diluted share, for the year ended December 31, 2022.

Key Points:

Pre-tax pre-provision earnings1 were $42.0 million in the fourth quarter of 2023, a decrease of 3% compared to the third quarter of 2023 and a decrease of 9% compared to the fourth quarter of 2022.
Accretion on acquired loans totaled $11.3 million in the fourth quarter of 2023, $14.8 million in the third quarter of 2023, and $9.7 million in the fourth quarter of 2022.
Seacoast recorded $8.3 million of income tax expense in the fourth quarter of 2023, compared to $9.1 million in the third quarter of 2023, and $7.8 million in the fourth quarter of 2022.
SBA originations were $25.0 million during the fourth quarter of 2023, compared to $12.5 million in the third quarter of 2023 and $7.4 million in the fourth quarter of 2022.

Seacoast Banking Corporation of Florida Declares Quarterly Dividend on Common Stock

Retrieved on:

Thursday, January 18, 2024

SBCF

STUART, Fla., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF), announced that on January 18, 2024, the Company’s Board of Directors declared a quarterly cash dividend to the holders of the Company’s common stock of $0.18 per share.

Key Points:

STUART, Fla., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF), announced that on January 18, 2024, the Company’s Board of Directors declared a quarterly cash dividend to the holders of the Company’s common stock of $0.18 per share.
The dividend is payable on March 29, 2024 to shareholders of record at the close of business on March 15, 2024.
Seacoast Banking Corporation of Florida, through its wholly owned subsidiary Seacoast National Bank, is one of the largest community banks headquartered in Florida with approximately $14.8 billion in assets and $12.1 billion in deposits as of September 30, 2023.
The Company provides integrated financial services including commercial and consumer banking, wealth management, and mortgage services to customers at 77 full-service branches across Florida, and through advanced mobile and online banking solutions.

Seacoast Banking Corporation of Florida to Announce Fourth Quarter Earnings Results January 25, 2024

Retrieved on:

Friday, January 5, 2024

Chart, SBCF

STUART, Fla., Jan. 05, 2024 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ: SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release fourth quarter 2023 results on January 25th, after the market closes.

Key Points:

STUART, Fla., Jan. 05, 2024 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ: SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release fourth quarter 2023 results on January 25th, after the market closes.
Upon release, investors may access a copy of Seacoast’s earnings results at the company’s website www.SeacoastBanking.com on the home page by selecting “Press Releases” under the heading “News/Events.”
Seacoast will host a conference call January 26th at 10:00 a.m. Eastern Time, to discuss the fourth quarter 2023 earnings results and business trends.
Investors may call in (toll-free) by dialing (800) 715-9871.
Charts will be used during the conference call and may be accessed at Seacoast’s website at www.SeacoastBanking.com by selecting “Presentations” under the heading “News/Events.” Additionally, a recording of the call will be made available to individuals shortly after the conference call and can be accessed via a link at www.SeacoastBanking.com under the heading “Corporate Information.” The recording will be available for one year.

Seacoast Banking Corporation of Florida Announces Renewal of Share Repurchase Program

Retrieved on:

Saturday, December 16, 2023

Rule, Share repurchase, SBCF, Security (finance)

STUART, Fla., Dec. 15, 2023 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF) announced that its Board of Directors (the “Board”) has renewed the Company's share repurchase program, which was set to expire on December 31, 2023.

Key Points:

STUART, Fla., Dec. 15, 2023 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF) announced that its Board of Directors (the “Board”) has renewed the Company's share repurchase program, which was set to expire on December 31, 2023.
Under the renewed repurchase program, which will expire on December 31, 2024, the Company may repurchase, from time to time, up to $100 million of its shares of common stock, representing approximately 4% of the Company’s outstanding common stock.
Open market purchases will be conducted in accordance with the limitations set forth in Rule 10b-18 of the Exchange Act and other applicable legal and regulatory requirements.
The repurchase program does not obligate the Company to purchase any particular number of shares.

Seacoast Banking Corporation of Florida Declares Quarterly Dividend on Common Stock

Retrieved on:

Thursday, October 19, 2023

SBCF, Holding company, Bank

STUART, Fla., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF), announced that on October 19, 2023, the Company’s Board of Directors declared a quarterly cash dividend to the holders of the Company’s common stock of $0.18 per share.

Key Points:

STUART, Fla., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF), announced that on October 19, 2023, the Company’s Board of Directors declared a quarterly cash dividend to the holders of the Company’s common stock of $0.18 per share.
The dividend is payable on December 29, 2023 to shareholders of record at the close of business on December 15, 2023.
Seacoast Banking Corporation of Florida, through its wholly owned subsidiary Seacoast National Bank, is one of the largest community banks headquartered in Florida with approximately $15.0 billion in assets and $12.3 billion in deposits as of June 30, 2023.
The Company provides integrated financial services including commercial and consumer banking, wealth management, and mortgage services to customers at 78 full-service branches across Florida, and through advanced mobile and online banking solutions.

Seacoast Banking Corporation of Florida To Announce Third Quarter Earnings Results October 26, 2023

Retrieved on:

Monday, October 2, 2023

Chart, SBCF, Cryptocurrency, Hotel

STUART, Fla., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ: SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release third quarter 2023 results on October 26th, after the market closes.

Key Points:

STUART, Fla., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ: SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release third quarter 2023 results on October 26th, after the market closes.
Upon release, investors may access a copy of Seacoast’s earnings results at the company’s website www.SeacoastBanking.com on the home page by selecting “Press Releases” under the heading “News/Events.”
Seacoast will host a conference call October 27th at 10:00 a.m. Eastern Time, to discuss the third quarter 2023 earnings results and business trends.
Investors may call in (toll-free) by dialing (800) 919-1728.
Charts will be used during the conference call and may be accessed at Seacoast’s website at www.SeacoastBanking.com by selecting “Presentations” under the heading “News/Events.” Additionally, a recording of the call will be made available to individuals shortly after the conference call and can be accessed via a link at www.SeacoastBanking.com under the heading “Corporate Information.” The recording will be available for one year.

SEACOAST REPORTS SECOND QUARTER 2023 RESULTS

Retrieved on:

Thursday, July 27, 2023

STUART, Fla., July 27, 2023 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF) today reported net income in the second quarter of 2023 of $31.2 million, or $0.37 per diluted share, compared to $11.8 million, or $0.15 per diluted share in the first quarter of 2023 and $32.8 million, or $0.53 per diluted share in the second quarter of 2022. For the six months ended June 30, 2023, net income was $43.1 million, or $0.52 per diluted share, a decrease of 19% compared to the six months ended June 30, 2022.

Key Points:

Pre-tax pre-provision earnings1 were $40.9 million in the second quarter of 2023, a decrease of 12% compared to the first quarter of 2023 and a decrease of 4% compared to the second quarter of 2022.
Accretion on acquired loans totaled $14.2 million in the second quarter of 2023, $15.9 million in the first quarter of 2023, and $2.7 million in the second quarter of 2022.
Commercial originations were $317.4 million during the second quarter of 2023, compared to $321.7 million in the first quarter of 2023, and $461.9 million in the second quarter of 2022.
Consumer originations in the second quarter of 2023 were $97.2 million, compared to $110.6 million in the first quarter of 2023, and $130.8 million in the second quarter of 2022.

Seacoast Banking Corporation of Florida Declares Quarterly Dividend on Common Stock

Retrieved on:

Thursday, July 20, 2023

SBCF, Holding company, Bank

STUART, Fla., July 20, 2023 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF), announced that on July 20, 2023, the Company’s Board of Directors declared a quarterly cash dividend to the holders of the Company’s common stock of $0.18 per share.

Key Points:

STUART, Fla., July 20, 2023 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF), announced that on July 20, 2023, the Company’s Board of Directors declared a quarterly cash dividend to the holders of the Company’s common stock of $0.18 per share.
The dividend is payable on September 29, 2023 to shareholders of record at the close of business on September 15, 2023.
Seacoast Banking Corporation of Florida is one of the largest community banks headquartered in Florida with approximately $15.3 billion in assets and $12.3 billion in deposits as of March 31, 2023.
Seacoast National Bank is the wholly-owned subsidiary bank of Seacoast Banking Corporation of Florida.

Seacoast Banking Corporation of Florida to Announce Second Quarter Earnings Results July 27, 2023

Retrieved on:

Wednesday, July 5, 2023

Chart, SBCF, Cryptocurrency, Music

STUART, Fla., July 05, 2023 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ: SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release second quarter 2023 results on July 27th, after the market closes.

Key Points:

STUART, Fla., July 05, 2023 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ: SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release second quarter 2023 results on July 27th, after the market closes.
Upon release, investors may access a copy of Seacoast’s earnings results at the company’s website www.SeacoastBanking.com on the home page by selecting “Press Releases” under the heading “News/Events.”
Seacoast will host a conference call July 28th at 10:00 a.m. Eastern Time, to discuss the second quarter 2023 earnings results and business trends.
Investors may call in (toll-free) by dialing (800) 736-4594.
Charts will be used during the conference call and may be accessed at Seacoast’s website at www.SeacoastBanking.com by selecting “Presentations” under the heading “News/Events.” Additionally, a recording of the call will be made available to individuals shortly after the conference call and can be accessed via a link at www.SeacoastBanking.com under the heading “Corporate Information.” The recording will be available for one year.