Here's What Key Metrics Tell Us About Seacoast Banking (SBCF) Q2 Earnings

Core Insights - Seacoast Banking (SBCF) reported a revenue of $151.39 million for the quarter ended June 2025, marking a year-over-year increase of 19.6% and exceeding the Zacks Consensus Estimate of $145.15 million by 4.3% [1] - The company's EPS for the same period was $0.52, up from $0.36 a year ago, representing an EPS surprise of 23.81% compared to the consensus estimate of $0.42 [1] Financial Performance Metrics - Net Interest Margin was reported at 3.6%, slightly above the three-analyst average estimate of 3.5% [4] - The Efficiency Ratio stood at 57%, outperforming the three-analyst average estimate of 61.6% [4] - Net charge-offs to average loans were 0.1%, better than the two-analyst average estimate of 0.3% [4] - Nonperforming loans totaled $64.2 million, lower than the average estimate of $74.34 million by two analysts [4] - Total Nonperforming Assets were reported at $69.53 million, compared to the two-analyst average estimate of $81.56 million [4] - Average Balance of Total Earning Assets was $14.25 billion, slightly above the two-analyst average estimate of $14.21 billion [4] - Total noninterest income reached $24.52 million, exceeding the three-analyst average estimate of $21.84 million [4] - Net interest income (FTE) was reported at $127.29 million, surpassing the three-analyst average estimate of $122.18 million [4] - Net interest income was $126.86 million, compared to the two-analyst average estimate of $123.19 million [4] Stock Performance - Shares of Seacoast Banking have returned +10.8% over the past month, outperforming the Zacks S&P 500 composite's +5.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]