Seacoast Q3 net income rises 19% to $36.5 million; EPS $0.42 includes merger charges
Seacoast Banking Corporation of Florida reported third-quarter 2025 net income of $36.5 million, or $0.42 per diluted share, up 19% from a year earlier but down from $42.7 million, or $0.50 per share, in the second quarter. Results included $10.8 million in merger-related charges; adjusted net income was $45.2 million, or $0.52 per share. The company also completed its Villages Bancorporation acquisition on October 1, 2025, which the filing says adds about $4 billion in assets.
Key points
- Net income was $36.5 million, or $0.42 per diluted share, versus $42.7 million, or $0.50, in Q2 2025 and $30.7 million, or $0.36, in Q3 2024.
- Net income included $10.8 million in merger-related charges; adjusted net income was $45.2 million, or $0.52 per diluted share.
- Net revenues were $157.3 million, up 4% from the prior quarter and 21% from the prior year quarter.
- Villages Bancorporation closed October 1, 2025, adding 19 branches and about $4 billion in assets; Heartland Bancshares closed July 11, 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:38 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 27, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.