Seacoast Reports Third Quarter 2026 Results
Business Wire•27/10/2026•16:01 ET
3
Key Highlights
- ➤Adjusted net income $71.8 million, up 59% year over year
- ➤Net interest income $183.4 million, up 37% year over year
- ➤Organic loan growth reached 13% annualized in the third quarter
- ➤Commercial loan pipelines totaled $1.3 billion at September 30, 2026
- ➤Over 1.2 million common shares repurchased during 2026
Expert Statements
Charles M. Shaffer, Chairman and CEO of Seacoast
“Seacoast celebrates its 100(th )anniversary this month, and I am incredibly proud of the company we have become and the momentum we are carrying forward. Our third quarter results demonstrate the earnings power of our franchise, with record earnings, strong organic loan growth, and improved operating efficiency. Importantly, we continue to operate from a position of financial strength, with a fortress balance sheet, strong capital, and substantial liquidity.”
Charles M. Shaffer, Chairman and CEO of Seacoast
“Our team remains focused on serving clients, winning new business, and realizing the benefits of the investments we have made across the organization. Our expanded footprint, experienced bankers, and deep community presence position us well to continue growing relationships and improving productivity. At the same time, our balance sheet strength and financial flexibility give us the capacity to support our customers through economic cycles, invest in our business, and pursue disciplined growth.”
Charles M. Shaffer, Chairman and CEO of Seacoast
“As we enter our second century, I believe Seacoast has never been better positioned. We are larger, stronger, and more capable, with an exceptional team, a strong culture, and the financial strength to capitalize on the opportunities ahead. This quarter’s results reinforce our confidence in Seacoast’s ability to continue growing, improving returns, and creating enduring value for our customers, communities, and shareholders.”
Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ: SBCF) today reported unaudited results of operations and other financial information for the third quarter of 2026.
* Net income of $59.9 million, or $0.55 per share, increased 1% from the prior quarter and 64% from the prior year quarter. Adjusted net income(1) of $71.8 million, or $0.66 per share, increased 9% from the prior quarter and 59% from the prior year quarter.
Get started
Create a free account to read the full story.