← SEACOAST BANKING CORP OF FLORIDA
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Interest Income | $148.1m |
$191.6m
+29.41%
|
$241.4m
+25.99%
|
$289.8m
+20.06%
|
$287.0m
-0.96%
|
$284.2m
-0.97%
|
$380.5m
+33.86%
|
$689.0m
+81.07%
|
$725.6m
+5.31%
|
$836.4m
+15.27%
|
— | |
| Gains (Losses) on Sales of Investment Real Estate | $509k | $711k | ($461k) | ($51k) | ($2.3m) | $264k | $1.5m | ($985k) | ($440k) | $126k | — | |
| Insurance Services Revenue | — | — | — | — | — | — | — | $4.5m | $5.2m | $5.6m | — | |
| Noninterest income: | ||||||||||||
| Total Noninterest Income Before Securities (Losses) Gains, Net | $37.4m | $43.2m | $50.6m | $55.5m | $60.3m | $71.3m | $67.2m | $82.0m | $91.4m | $99.7m | — | |
| Total Noninterest Income | $37.8m | $58.5m | $50.0m | $56.7m | $61.6m | $70.7m | $66.1m | $79.2m | $83.4m | $99.2m | — | |
| Net Interest Income | $139.6m |
$176.3m
+26.30%
|
$211.5m
+19.98%
|
$243.6m
+15.18%
|
$262.7m
+7.85%
|
$276.0m
+5.06%
|
$366.2m
+32.66%
|
$488.2m
+33.34%
|
$432.0m
-11.52%
|
$553.5m
+28.13%
|
$665.0m
+20.14%
|
|
| Interest Income (Expense), Net | $139.6m |
$176.3m
+26.30%
|
$211.5m
+19.98%
|
$243.6m
+15.18%
|
$262.7m
+7.85%
|
$276.0m
+5.06%
|
$366.2m
+32.66%
|
$488.2m
+33.34%
|
$432.0m
-11.52%
|
$553.5m
+28.13%
|
$965.0m
+74.36%
|
|
| Amortization of Intangible Assets | $2.5m | $3.4m | $4.3m | $5.8m | $5.9m | $5.0m | $9.1m | $28.7m | $23.9m | $26.8m | — | |
| Amortization of intangibles | $2.5m | $3.4m | $4.3m | $5.8m | $5.9m | $5.0m | $9.1m | $28.7m | $23.9m | $26.8m | $36.4m | |
| Noninterest expense: | ||||||||||||
| Total Noninterest Expense | $130.9m | $149.9m | $162.3m | $160.7m | $185.6m | $197.4m | $267.9m | $395.6m | $343.3m | $414.9m | — | |
| Interest expense: | ||||||||||||
| Interest Expense, Securities Sold under Agreements to Repurchase | — | — | $1.8m | $1.4m | $283k | $141k | $986k | $8.3m | $9.4m | $6.2m | $300.1m | |
| Total interest expense | $8.5m | $15.3m | $29.9m | $46.2m | $24.3m | $8.2m | $14.3m | $200.7m | $293.6m | $282.9m | — | |
| Net Interest Income After Provision for Credit Losses | $137.2m |
$170.6m
+24.40%
|
$199.8m
+17.07%
|
$232.6m
+16.43%
|
$224.6m
-3.46%
|
$285.4m
+27.11%
|
$340.0m
+19.10%
|
$450.7m
+32.57%
|
$415.7m
-7.77%
|
$502.2m
+20.81%
|
$665.0m
+32.41%
|
|
| Debt and Equity Securities, Gain (Loss) | — | — | — | $0 | — | — | — | — | — | — | — | |
| Gain (Loss) on Investments | $368k | $86k | ($623k) | $1.2m | $1.2m | ($578k) | ($1.1m) | ($2.9m) | ($8.0m) | ($522k) | — | |
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss | $368k | $86k | ($485k) | $1.0m | $1.1m | ($363k) | $0 | ($2.9m) | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $44.1m | $79.2m | $87.5m | $128.6m | $100.6m | $158.7m | $138.1m | $134.3m | $155.8m | $186.5m | $207.4m | |
| Income Tax Expense (Benefit) | $14.9m | $36.3m | $20.3m | $29.9m | $22.8m | $34.3m | $31.6m | $30.2m | $34.9m | $41.6m | $45.2m | |
| Securities losses, net (includes net losses of $0.9 million for 2025, $12.0 million for 2024 and $2.9 million for 2023 in other comprehensive income reclassifications) | $368k | $86k | ($623k) | $1.2m | $1.2m | ($578k) | ($1.1m) | ($2.9m) | ($8.0m) | ($522k) | — | |
| Net Income (Loss) Attributable to Parent | $29.2m |
$42.9m
+46.79%
|
$67.3m
+56.95%
|
$98.7m
+46.77%
|
$77.8m
-21.24%
|
$124.4m
+59.98%
|
$106.5m
-14.39%
|
$104.0m
-2.32%
|
$121.0m
+16.30%
|
$144.9m
+19.75%
|
$155.7m
+7.50%
|
|
| Preferred Stock Dividends, Income Statement Impact | — | — | — | — | — | — | — | — | — | $2 | $2.1m | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | — | — | — | — | — | — | — | — | — | $2.4m | — | |
| Earnings Per Share, Basic | $0.79 | $1.01 | $1.40 | $1.92 | $1.45 | $2.20 | $1.67 | $1.24 | $1.43 | $1.59 | $1.57 | |
| Earnings Per Share, Diluted | $0.78 | $0.99 | $1.38 | $1.90 | $1.44 | $2.18 | $1.66 | $1.23 | $1.42 | $1.57 | $1.54 | |
| Common Stock, Dividends, Per Share, Declared | $0.79 | $1.01 | $1.40 | $1.92 | $1.45 | $0.39 | $0.64 | $0.71 | $0.72 | $0.73 | — | |
| Diluted (in shares) | $37.5m | $43.4m | $48.7m | $52.0m | $53.9m | $57.1m | $64.3m | $84.3m | $85.0m | $89.1m | $95.2m | |
| Basic (in shares) | $36.9m | $42.6m | $48.0m | $51.4m | $53.5m | $56.6m | $63.7m | $83.8m | $84.4m | $88.3m | $94.2m | |
| Weighted Average Number of Shares Outstanding, Basic | 36.9m | 42.6m | 48.0m | 51.4m | 53.5m | 56.6m | 63.7m | 83.8m | 84.4m | 88.3m | 94.2m | |
| Weighted Average Number of Shares Outstanding, Diluted | 37.5m | 43.4m | 48.7m | 52.0m | 53.9m | 57.1m | 64.3m | 84.3m | 85.0m | 89.1m | 95.2m | |
| Additional Financial Items | ||||||||||||
| Bank Owned Life Insurance Income | $2.2m | $3.4m | $4.3m | $3.7m | $3.6m | $4.2m | $5.6m | $8.4m | $10.1m | $12.4m | — | |
| Business Combination, Acquisition Related Costs | — | $12.9m | $9.7m | $1.0m | $9.1m | $7.9m | $27.9m | $33.2m | $0 | $32.4m | — | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | $11.7m | $11.0m | $38.2m | ($9.4m) | $26.2m | $37.5m | $16.3m | $51.3m | — | |
| Taxable | $26.1m | $34.4m | $37.9m | $35.4m | $29.7m | $29.2m | $56.6m | $82.9m | $99.5m | $151.3m | — | |
| Nontaxable | $1.0m | $913k | $884k | $555k | $454k | $577k | $546k | $354k | $135k | $3.4m | — | |
| Interest and fees on loans | $119.2m | $153.8m | $200.0m | $250.5m | $254.4m | $251.5m | $315.7m | $581.1m | $597.4m | $657.0m | — | |
| Interest on interest-bearing deposits and other investments | $1.7m | — | — | — | — | $3.0m | $7.6m | $24.6m | $28.6m | $24.7m | — | |
| Interest on deposits | $2.6m | $3.7m | $8.8m | $16.6m | $6.9m | $3.6m | $7.3m | $126.5m | $198.2m | $177.4m | — | |
| Interest on time certificates | $2.1m | $4.7m | $11.7m | $21.8m | $13.4m | $2.8m | $2.6m | $52.3m | $70.8m | $67.3m | — | |
| Interest on securities sold under agreement to repurchase | — | — | $1.8m | $1.4m | $283k | $141k | $986k | $8.3m | $9.4m | $6.2m | — | |
| Interest on FHLB borrowings | — | — | $4.5m | $3.0m | $1.5m | $0 | $330k | $6.4m | $7.7m | $25.3m | — | |
| Interest on long-term debt | $2.1m | $2.4m | $3.2m | $3.4m | $2.2m | $1.7m | $3.1m | $7.2m | $7.5m | $6.7m | — | |
| Provision for credit losses | — | — | $11.7m | $11.0m | $38.2m | ($9.4m) | $26.2m | $37.5m | $16.3m | $51.3m | — | |
| Service charges on deposit accounts | — | — | — | $11.5m | $9.4m | $9.8m | $13.7m | $18.3m | $20.9m | $23.4m | — | |
| Wealth management income | — | — | — | $6.4m | $7.5m | $9.6m | $11.1m | $12.8m | $15.2m | $18.6m | — | |
| Mortgage banking income | — | — | — | $6.5m | $14.7m | $11.8m | $3.5m | $1.8m | $1.8m | $4.7m | — | |
| Interchange income | — | — | — | $13.4m | $13.7m | $16.2m | $17.2m | $13.9m | $7.6m | $8.2m | — | |
| Insurance agency income | — | — | — | — | — | $0 | $805k | $4.5m | $5.2m | $5.6m | — | |
| BOLI income | $2.2m | $3.4m | $4.3m | $3.7m | $3.6m | $4.2m | $5.6m | $8.4m | $10.1m | $12.4m | — | |
| Other | $37.4m | — | — | $15.2m | $15.8m | $16.3m | $23.7m | $29.2m | $24.3m | $26.3m | — | |
| Salaries and wages | — | — | — | $73.8m | $88.5m | $97.3m | $130.1m | $177.6m | $162.3m | $186.9m | $241.9m | |
| Employee benefits | — | — | — | $13.7m | $15.5m | $17.9m | $19.0m | $29.9m | $28.3m | $32.8m | — | |
| Outsourced data processing costs | — | — | — | $15.1m | $19.1m | $19.9m | $27.5m | $52.1m | $36.6m | $37.6m | — | |
| Occupancy | — | — | — | $14.3m | $14.2m | $14.1m | $18.5m | $26.7m | $29.5m | $31.8m | $46.6m | |
| Furniture and equipment | — | — | — | $6.2m | $5.9m | $5.4m | $6.4m | $8.7m | $8.0m | $9.4m | — | |
| Marketing | — | — | — | $4.2m | $4.8m | $4.6m | $6.3m | $9.2m | $10.8m | $11.4m | — | |
| Legal and professional fees | — | — | — | $8.6m | $9.2m | $11.4m | $20.7m | $17.5m | $9.6m | $8.6m | — | |
| FDIC assessments | — | — | — | $881k | $1.3m | $2.4m | $3.1m | $8.6m | $8.4m | $9.6m | — | |
| OREO expense and net (gain) loss on sale | — | — | — | $51k | $2.3m | ($264k) | ($1.5m) | $985k | $440k | ($126k) | — | |
| Provision for credit losses on unfunded commitments | — | — | — | $0 | $185k | $133k | $1.2m | $1.2m | $1.0m | $1.3m | — | |
| Merger and integration costs | — | — | — | — | — | — | — | $33.2m | $0 | $32.4m | — | |
| Preferred dividends | — | — | — | — | — | — | — | $0 | $0 | $2.1m | — |