Financial Performance - Net income was $365 million, including $108 million in merger-related charges, representing a 19% year-over-year increase[11] - Net interest income totaled $1339 million, a 5% increase from the prior quarter[15] - Adjusted noninterest income increased by $02 million to $247 million[19] Growth and Acquisitions - Annualized organic deposit growth was 7%[11] - Annualized organic loan growth was 8%[11] - Completed the acquisition of Villages Bancorporation, Inc, adding 19 branches and approximately $4 billion in assets[11] Asset Quality and Capital - Tier 1 capital ratio stood at 145%[10, 11] - Loan-to-deposit ratio was 84%[10] - Assets under management totaled $2467 billion, a 24% year-over-year increase[23]

Core Insights - Seacoast Banking (SBCF) reported revenue of $158.13 million for Q3 2025, a year-over-year increase of 21.3% [1] - The company's EPS for the same period was $0.52, up from $0.36 a year ago, exceeding the consensus estimate of $0.47 by 10.64% [1] - The reported revenue surpassed the Zacks Consensus Estimate of $153.9 million, resulting in a surprise of 2.75% [1] Financial Performance Metrics - Net Interest Margin stood at 3.6%, matching the average estimate from two analysts [4] - Efficiency Ratio was reported at 60.7%, slightly higher than the estimated 59.1% [4] - Net interest income (FTE) was $133.91 million, below the average estimate of $135.85 million [4] - Total noninterest income reached $23.82 million, exceeding the estimated $22.55 million [4] Stock Performance - Seacoast Banking shares returned +2.8% over the past month, outperforming the Zacks S&P 500 composite's +2.5% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]

Core Insights - Seacoast Banking (SBCF) reported quarterly earnings of $0.52 per share, exceeding the Zacks Consensus Estimate of $0.47 per share, and showing an increase from $0.36 per share a year ago, resulting in an earnings surprise of +10.64% [1] - The company achieved revenues of $158.13 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 2.75% and up from $130.34 million year-over-year [2] - Seacoast Banking shares have increased approximately 14.2% year-to-date, compared to a 15.5% gain in the S&P 500 [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.28 on revenues of $176 million, and for the current fiscal year, it is $1.66 on revenues of $619.1 million [7] - The estimate revisions trend for Seacoast Banking was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Banks - Southeast industry, to which Seacoast Banking belongs, is currently ranked in the top 19% of over 250 Zacks industries, suggesting a favorable outlook for stocks within this sector [8]

Financial Performance - Net income for Q3 2025 was $36.5 million, or $0.42 per diluted share, a 19% increase year-over-year[5] - Adjusted net income for Q3 2025 was $45.2 million, or $0.52 per diluted share, representing a 48% increase from the prior year quarter[5] - Net income for Q3'25 was $36,467 thousand, a decrease of 14.25% from $42,687 thousand in Q2'25[22] - Adjusted net income for Q3'25 was $45,164 thousand, slightly up from $44,466 thousand in Q2'25, indicating a growth of 1.57%[22] - Net income for Q3 2025 was $36,467,000, a decrease of 14.3% from Q2 2025's $42,687,000[40] - Earnings per diluted share for Q3 2025 was $0.42, down from $0.50 in Q2 2025, representing a decline of 16%[40] Revenue and Income Growth - Net interest income totaled $133.5 million in Q3 2025, a 25% increase compared to Q3 2024[10] - Net interest income for Q3'25 was $133,906, up 5.0% from $127,295 in Q2'25 and up 25.2% from $106,975 in Q3'24[32] - Total noninterest income for Q3'25 was $23,818, a decrease from $24,521 in Q2'25 but an increase from $22,180 in Q3'24[33] - Total noninterest income for Q3 2025 was $23,818,000, slightly down from $24,521,000 in Q2 2025[40] Asset and Deposit Growth - Total assets reached $16.7 billion and total shareholders' equity was $2.4 billion as of September 30, 2025, with a book value per share of $27.07, up from $26.43 in the prior quarter[15] - Total deposits were $13.1 billion, an increase of $592.7 million, or 19% annualized, compared to the prior quarter, including $705.2 million from the Heartland acquisition[18] - Total deposits rose to $13,090,319 thousand in Q3'25, compared to $12,497,598 thousand in Q2'25, marking an increase of 4.73%[22] - Total customer funding reached $13,137,005 thousand, an increase from $12,168,385 thousand in the prior quarter, reflecting a growth of 7.95%[38] Loan Growth - Organic deposit growth was 7% annualized, while organic loan growth was 8% annualized[5] - Loans increased by $355.3 million, or 13% annualized, totaling $11.0 billion as of September 30, 2025, with an annualized organic loan growth of 8% excluding the Heartland acquisition[15] - Total loans reached $10,964,173 thousand in Q3'25, an increase of 3.4% from $10,608,824 thousand in the prior quarter[35] Efficiency and Expenses - Noninterest expense was $102.0 million in Q3 2025, an increase of 20% compared to the prior year quarter[12] - The efficiency ratio was 60.66% in Q3 2025, compared to 56.95% in Q2 2025, while the adjusted efficiency ratio improved to 53.84%[15] - Total noninterest expense for Q3 2025 was $101,987,000, an increase of 11.5% from $91,730,000 in Q2 2025[40] Capital and Regulatory Ratios - Tangible common equity to tangible assets ratio rose to 9.76%, with a Tier 1 capital ratio of 14.5% as of September 30, 2025[4] - The Company had a Tier 1 capital ratio of 14.5% as of September 30, 2025, remaining well capitalized according to U.S. regulatory requirements[21] Asset Quality - Nonperforming loans decreased to $60.6 million, or 0.55% of total loans, down from $64.2 million in the prior quarter[18] - The allowance for credit losses stood at $147,453 thousand, up from $142,184 thousand in the previous quarter, indicating a proactive approach to credit risk management[35] - Nonperforming assets to total assets ratio improved to 0.39% from 0.44% in the previous quarter, suggesting better overall asset performance[35] Mergers and Acquisitions - The company completed the acquisition of Heartland Bancshares, adding approximately $153.3 million in loans and $705.2 million in deposits[7] - The acquisition of Villages Bancorporation added 19 branches and approximately $4 billion in assets, enhancing growth potential[8] - Seacoast Banking Corporation of Florida plans to integrate 19 recently acquired branches under the name Citizens First Bank by 2026[24] Future Outlook and Events - The company will host a conference call on October 28, 2025, to discuss Q3'25 earnings results and business trends[23] - The company emphasizes the use of non-GAAP financial measures to provide a clearer understanding of its performance and trends[39] - Management believes that non-GAAP measures enhance investors' understanding of the company's business and performance[39]

Core Insights - Seacoast Banking Corporation of Florida reported a net income of $36.5 million for Q3 2025, a decrease from $42.7 million in Q2 2025 and an increase from $30.7 million in Q3 2024 [1] Financial Performance - Net income for the nine months ended September 30, 2025, was $110.6 million, or $1.28 per diluted share, compared to $8 million for the same period in 2024 [1]

Core Points - Seacoast Banking Corporation of Florida announced a quarterly cash dividend of $0.19 per common share, representing an approximate 5.6% increase from the previous quarter, payable on December 31, 2025 [1] - The company also declared a quarterly cash dividend of $0.19 per 1/1000 preferred share for its Series A Non-Voting Preferred Stock, also payable on December 31, 2025 [2] - Seacoast Banking Corporation has $15.9 billion in assets and $12.5 billion in deposits as of June 30, 2025, and operates 103 full-service branches across Florida [3] Company Overview - Seacoast Banking Corporation of Florida is one of the largest community banks in Florida, providing integrated financial services including commercial and consumer banking, wealth management, and mortgage services [3] - The company recently completed the acquisition of Villages Bancorporation, Inc., effective October 1, 2025, with the merger of Citizens First Bank into Seacoast National Bank [6][7]

Core Viewpoint - Seacoast Banking (SBCF) has experienced a bearish trend recently, losing 5.4% over the past two weeks, but the formation of a hammer chart pattern suggests a potential trend reversal as buying interest may be increasing [1][2]. Technical Analysis - The hammer chart pattern indicates a potential bottom in the stock price, suggesting that selling pressure may be exhausting [2][5]. - A hammer pattern forms when there is a small candle body with a long lower wick, indicating that despite a downtrend, buying interest emerges to push the stock price up towards the opening price [4][5]. - The occurrence of a hammer pattern at the bottom of a downtrend signals that bears may be losing control, which could lead to a trend reversal [5]. Fundamental Analysis - Recent upward revisions in earnings estimates for SBCF serve as a bullish indicator, correlating strongly with near-term stock price movements [7]. - The consensus EPS estimate for SBCF has increased by 1% over the last 30 days, indicating that analysts expect better earnings than previously predicted [8]. - SBCF holds a Zacks Rank of 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks, which typically outperform the market [9][10].

Core Insights - Seacoast Banking Corporation of Florida (SBCF) is identified as a "serial acquirer" in the financial market, indicating a strategy focused on growth through acquisitions [1] Company Analysis - The holding company for Seacoast Bank has been actively pursuing acquisition opportunities, which may enhance its market position and financial performance [1] Market Perspective - The analysis emphasizes that the best investment opportunities often lie in stocks that are less followed by average investors or those that do not accurately reflect current market opportunities [1]

Core Viewpoint - Seacoast Banking Corporation of Florida will release its third quarter 2025 results on October 27th, after market close [1] Company Announcement - Investors can access the earnings results on the company's website by selecting "Press Releases" under the "News/Events" section [1] - A conference call will be hosted by Seacoast following the earnings release on October 27th [1]

Core Viewpoint - Seacoast Banking Corporation of Florida has successfully completed its acquisition of Villages Bancorporation, Inc., effective October 1, 2025, with the merger of Citizens First Bank into Seacoast National Bank also taking place on the same date [1]. Group 1 - The acquisition marks a significant expansion for Seacoast Banking Corporation, enhancing its market presence [1]. - Citizens First Bank will be merged into Seacoast National Bank, which will remain as the surviving financial institution post-merger [1].