Seacoast Banking reports Q3 2026 earnings beat and completed Citizens First integration
+2 new sources since this summary was written
Seacoast Banking Corporation of Florida posted adjusted earnings per share of $0.66 for the third quarter of 2026, slightly above consensus estimates. Revenue reached $215 million, up 35.6% year‑on‑year, while net interest income grew to $185.4 million, a 37% increase. Net income rose 64% to $59.9 million and the bank completed integration of its Citizens First acquisition. The shares traded around $33, down modestly from the prior close.
Why it matters
The earnings beat and higher profitability suggest the bank’s integration costs are diminishing, which could support stronger earnings momentum. Investors may view the improved efficiency ratio and loan growth as positive drivers for future performance.
Key facts
- 1Adjusted EPS of $0.66 beat consensus estimates. investing.com
- 2Revenue of $215 million, up 35.6% year‑on‑year, met Wall Street expectations. finance.yahoo.com
- 3Net interest income of $185.4 million, up 37% year‑on‑year. investing.com
- 4Net income of $59.9 million, a 64% increase from the prior year. investing.com
- 5Tangible book value per share of $15.96 missed estimates. finance.yahoo.com
- 6Market capitalization of $3.22 billion. finance.yahoo.com
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.