Seacoast to Report Third-Quarter Results on Oct. 27; Shares Close at $33.66
Key Facts
Seacoast Banking Corporation of Florida plans to release its third-quarter 2026 results after the market closes on Oct. 27, the company said. The announcement follows the circulation of a draft that attributed net income, revenue and loan growth figures to the bank, but those figures could not be verified against an official results statement available for review. The next milestone is therefore the expected disclosure, which will provide the confirmed figures for the period. The company scheduled a call to discuss results and business trends for Oct. 28 at 10 a.m. Eastern time. It said in its announcement that it would release results "after the market closes" on Oct. 27.
The company’s shares, which trade under the ticker SBCF, closed at $33.66 on Oct. 26, according to EL7 data. The price reflects the close of the session before the results announcement; approved data reviewed here did not include the session’s high or low. The trading range cited in the earlier draft therefore cannot be confirmed. The call scheduled for the day after the announcement will give investors an opportunity to hear management’s discussion of the results and business trends.
Seacoast provides financial services through a branch network in Florida and Georgia. The company said its assets totaled about $21.4 billion and deposits reached $16.8 billion as of June 30, 2026. It operated 105 full-service branches across the two states at that time. These figures provide context on the bank’s size and reach ahead of its third-quarter results. The available disclosure on the results date, however, does not provide updated assets or deposits for the end of September.
The company’s published second-quarter results, disclosed to the Securities and Exchange Commission, showed net income of $59.5 million, up 87% from the previous quarter and 39% from the same period a year earlier. Adjusted net income was $65.8 million. Net revenue totaled $208.2 million, up 27% quarter over quarter and 38% year over year. The company attributed the annual revenue growth at the time to business expansion, including bank acquisitions completed in 2025. These results provide a reference point for the prior period but do not substantiate the third-quarter figures attributed to the bank in the draft.
In second-quarter banking income, net interest income was $180.4 million, up 2% from the first quarter and 42% from the same period in 2025. The company said the quarterly increase reflected higher yields on its securities portfolio and loan growth. Net interest margin held at 3.83%, up 25 basis points from the second quarter of 2025. Excluding the effect of accretion on acquired loan discounts, the margin was 3.65%. These indicators help show the sources of the bank’s income before the new disclosure, but do not on their own reveal how they tracked in the third quarter.
The company also said its lending pipelines totaled $1.5 billion as of June 30, 2026, compared with $1.2 billion on March 31 and $920.9 million on June 30, 2025. Commercial loan pipelines totaled $1.3 billion at the end of June. These figures indicate the potential financing demand at the time, while the available announcement did not specify how the pipelines changed during the third quarter. The company is scheduled to release results for the period after the market closes on Oct. 27. Management will then hold a call on Oct. 28 at 10 a.m. Eastern time to discuss results and business trends.