Seacoast Banking Corporation of Florida

seacoastbanking.com

What Do They Do?

Provides commercial and consumer banking, wealth management, mortgage and insurance services to customers through branches and mobile and online banking.

How Do They Make Money?

Earns most of its revenue as interest on loans and securities, which accrues over time. It also earns fees for deposit transactions, monthly trust and brokerage services, and mortgages it originates and sells.

FY2025 revenue

Who Are Their Customers?

Customers use the bank for deposits, loans, and fiduciary services.

Do Revenues Turn Into Profits?

Yes. It kept 17 cents of every revenue dollar as net income in FY2025.

Net income, FY2025

17% of revenue

▲ +20% vs FY2024 ($121M, 17%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▲ +32%; vs $193.3M in Q2 FY2025
Net income: ▲ +39%; vs $42.7M in Q2 FY2025

Growing. Revenue grew 2.9x in 4 years, from $284.2M in FY2021 to $836.4M in FY2025, about 31% a year.

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