Seacoast Q2 2026 net income rises to $59.5 million, or $0.55 per share
Seacoast Banking Corporation of Florida reported second-quarter 2026 net income of $59.5 million, or $0.55 per diluted share, up from $31.9 million in the first quarter and $42.7 million a year earlier. Adjusted net income was $65.8 million, or $0.61 per share, down from $67.8 million, or $0.62, in the prior quarter. Net revenues rose 27% from the prior quarter to $208.2 million, though the first quarter included a $39.5 million securities repositioning loss.
Key points
- Net income of $59.5 million, or $0.55 per diluted share, versus $31.9 million, or $0.29, in Q1 2026 and $42.7 million, or $0.50, in Q2 2025
- Adjusted net income of $65.8 million, or $0.61 per diluted share, versus $67.8 million, or $0.62, in Q1 2026
- Net revenues of $208.2 million, up 27% from Q1 2026 and 38% from Q2 2025
- Net interest margin was 3.83%, stable from Q1 2026; the company repurchased 751,680 shares in the quarter
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:39 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 July 28, 2026.
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.