Seacoast Banking Corporation of Florida (SBCF)

SBCF Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	621.63	597.37	581.11	315.72	251.47	254.37
Interest Income on Investments	144.62	128.19	107.87	64.78	32.77	32.67
Total Interest Income	766.24	725.56	688.98	380.49	284.24	287.04
Interest Paid on Deposits	237.95	268.99	178.79	9.96	6.39	20.29
Interest Paid on Borrowings	33.65	24.6	21.95	4.37	1.83	4.01
Total Interest Expense	271.59	293.59	200.74	14.33	8.22	24.29
Net Interest Income	494.65	431.97	488.24	366.16	276.03	262.74
Net Interest Income Growth (YoY)	15.85%	-11.53%	33.34%	32.66%	5.05%	7.85%
Trust Income	17.04	15.17	12.78	11.05	9.63	7.51
Mortgage Banking Activities	1.93	1.77	1.79	3.48	11.78	14.7
Gain (Loss) on Sale of Investments	-8.99	-8.02	-2.89	-1.1	-0.58	1.24
Other Non-Interest Income	55.56	53.65	47.08	38.95	40.12	28.7
Total Non-Interest Income	87.59	83.43	77.04	66.09	70.73	61.57
Non-Interest Income Growth (YoY)	4.65%	8.30%	16.56%	-6.55%	14.87%	10.39%
Revenues Before Loan Losses	582.24	515.4	565.28	432.25	346.75	324.31
Provision for Loan Losses	25.7	16.26	37.52	26.18	-9.42	38.18
Revenue	556.54	499.14	527.76	406.07	356.17	286.13
Revenue Growth (YoY)	12.63%	-5.42%	29.97%	14.01%	24.48%	-0.78%
Salaries and Employee Benefits	191.32	176.83	188.32	137.97	106.47	96.78
Federal Deposit Insurance	8.99	8.45	8.63	3.14	2.41	1.27
Amortization of Goodwill & Intangibles	22.03	23.88	28.73	9.1	5.03	5.86
Selling, General & Administrative	107.45	108.38	108.87	94.41	67.32	63.37
Other Non-Interest Expense	25.83	25.32	30.39	24.85	16.47	16.02
Total Non-Interest Expense	355.61	343.3	365.92	267.93	197.44	185.55
EBT Excluding Unusual Items	200.93	155.84	161.84	138.14	158.74	100.58
Pretax Income	186.65	155.84	134.25	138.14	158.74	100.58
Income Tax Expense	41.95	34.85	30.22	31.63	34.34	22.82
Net Income	144.7	120.99	104.03	106.51	124.4	77.76
Net Income to Common	144.7	120.99	104.03	106.51	124.4	77.76
Net Income Growth	24.27%	16.30%	-2.32%	-14.39%	59.98%	-21.24%
Basic Shares Outstanding	85	84	84	64	57	54
Diluted Shares Outstanding	86	85	84	64	57	54
Shares Change (YoY)	1.12%	0.84%	31.22%	12.57%	5.86%	3.65%
EPS (Basic)	1.70	1.43	1.24	1.67	2.20	1.45
EPS (Diluted)	1.68	1.42	1.23	1.66	2.18	1.44
EPS Growth	23.57%	15.45%	-25.90%	-23.85%	51.39%	-24.21%
Dividend Per Share	0.720	0.720	0.710	0.640	0.390	-
Dividend Growth	-	1.41%	10.94%	64.10%	-	-
Effective Tax Rate	22.47%	22.36%	22.51%	22.90%	21.63%	22.69%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q