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Seacoast Banking (SBCF) Reports Q2 Earnings: What Key Metrics Have to Say

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For the quarter ended June 2026, Seacoast Banking (SBCF - Free Report) reported revenue of $209.93 million, up 38.7% over the same period last year. EPS came in at $0.61, compared to $0.52 in the year-ago quarter.

The reported revenue represents a surprise of +1.3% over the Zacks Consensus Estimate of $207.23 million. With the consensus EPS estimate being $0.60, the EPS surprise was +1.67%.

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.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

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:
  • Net Interest Margin: 3.8% compared to the 3.8% average estimate based on three analysts.
  • Efficiency Ratio: 58.5% versus 55% estimated by three analysts on average.
  • Net charge-offs to average loans: 0.1% compared to the 0.2% average estimate based on two analysts.
  • Nonperforming loans: $86.54 million compared to the $97.52 million average estimate based on two analysts.
  • Total Nonperforming Assets: $90.01 million compared to the $102.08 million average estimate based on two analysts.
  • Average Balance - Total Earning Assets: $19.06 billion versus the two-analyst average estimate of $18.88 billion.
  • Total noninterest income: $27.78 million compared to the $28.4 million average estimate based on three analysts.
  • Net interest income - FTE: $182.15 million versus the three-analyst average estimate of $179.4 million.
  • Net interest income: $180.4 million compared to the $177.8 million average estimate based on two analysts.

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

Shares of Seacoast Banking have returned +0.5% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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