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Seacoast Banking (SBCF) Reports Q1 Earnings: What Key Metrics Have to Say

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For the quarter ended March 2026, Seacoast Banking (SBCF - Free Report) reported revenue of $205.07 million, up 45.8% over the same period last year. EPS came in at $0.62, compared to $0.38 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $206.72 million, representing a surprise of -0.8%. The company delivered an EPS surprise of +6.44%, with the consensus EPS estimate being $0.58.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Seacoast Banking performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Efficiency Ratio: 59.5% compared to the 55.5% average estimate based on four analysts.
  • Net Interest Margin: 3.8% versus 3.8% estimated by four analysts on average.
  • Average Balance - Total Earning Assets: $18.86 billion versus $19.14 billion estimated by three analysts on average.
  • Net charge-offs to average loans: 0.1% versus 0.2% estimated by three analysts on average.
  • Total Nonperforming Assets: $99.28 million versus $77.69 million estimated by three analysts on average.
  • Nonperforming loans: $95.03 million versus $73.5 million estimated by two analysts on average.
  • Net interest income - FTE: $178.15 million versus the four-analyst average estimate of $178.14 million.
  • Total noninterest income: $26.91 million versus the three-analyst average estimate of $28.41 million.
  • Net interest income: $176.47 million compared to the $177.27 million average estimate based on two analysts.

View all Key Company Metrics for Seacoast Banking here>>>

Shares of Seacoast Banking have returned +7.4% over the past month versus the Zacks S&P 500 composite's +12.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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