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AI brief of an SEC Form 8-K · Seacoast Banking Corporation of Florida (SBCF)

Seacoast Q1 net income $31.9 million after $39.5 million securities loss

Mixed Impact 3 of 5 earnings Written later

Seacoast reported first-quarter 2026 net income of $31.9 million, which included a pre-tax loss of approximately $39.5 million from a January securities repositioning. Adjusted net income was $67.8 million, or $0.62 per share, and management said its 2026 guidance remains on track. Nonperforming loans rose 30% in the quarter to $95.0 million, which shareholders may want to watch.

Key points

  • Net income of $31.9 million included a $39.5 million loss from selling about $277.0 million in securities in January 2026
  • Adjusted net income of $67.8 million, or $0.62 per share, rose 42% from the prior quarter and 111% from the prior year quarter
  • Net interest margin rose 17 basis points to 3.83% from 3.66% in the fourth quarter of 2025
  • Nonperforming loans were $95.0 million at March 31, 2026, up $23.0 million from $76.3 million at December 31, 2025

The filing

CompanySeacoast Banking Corporation of Florida (SBCF)
Form8-K, current report
Filed with the SECApr 28, 2026, 4:08 PM ET
Accession number0001628280-26-027918

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:39 AM ET, from this filing 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 April 28, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.