Seacoast Banking of Florida Financial Statements
NASDAQ: SBCFFinanceMajor BanksUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Seacoast Banking of Florida revenue and earnings
In fiscal 2025, Seacoast Banking of Florida generated $652.6 million in revenue, up 26.6% from fiscal 2024. Net income was $144.9 million (+19.7% year over year), for a net margin of 22.2% versus a median of 24.0% in the prior 5 years. Diluted earnings per share came in at $1.57, up from $1.42.
Over the last 5 fiscal years, SBCF's revenue has grown at a 15.0% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Seacoast Banking of Florida income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 652.63M | 515.40M | 567.39M | 432.25M | 346.75M | 324.31M | 300.35M | 261.54M | 234.76M | 177.38M |
| Revenue growth (YoY) | +26.63% | -9.16% | +31.26% | +24.66% | +6.92% | +7.98% | +14.84% | +11.40% | +32.35% | +24.85% |
| Operating Expenses | 414.86M | 343.30M | 395.62M | 267.93M | 197.44M | 185.55M | 160.74M | 162.27M | 149.92M | 130.88M |
| Interest Expense | 282.90M | 293.59M | 200.74M | 14.33M | 8.22M | 24.29M | 46.20M | 29.88M | 15.30M | 8.47M |
| Pretax Income | 186.51M | 155.84M | 134.25M | 138.14M | 158.74M | 100.58M | 128.61M | 87.53M | 79.20M | 44.09M |
| Income Tax | 41.63M | 34.85M | 30.22M | 31.63M | 34.34M | 22.82M | 29.87M | 20.26M | 36.34M | 14.89M |
| Net Income | 144.88M | 120.99M | 104.03M | 106.51M | 124.40M | 77.76M | 98.74M | 67.28M | 42.87M | 29.20M |
| Net Income growth (YoY) | +19.75% | +16.30% | -2.32% | -14.39% | +59.98% | -21.24% | +46.77% | +56.95% | +46.79% | +31.89% |
| EPS (Basic) | 1.59 | 1.43 | 1.24 | 1.67 | 2.20 | 1.45 | 1.92 | 1.40 | 1.01 | 0.79 |
| EPS (Diluted) | 1.57 | 1.42 | 1.23 | 1.66 | 2.18 | 1.44 | 1.90 | 1.38 | 0.99 | 0.78 |
| Shares Outstanding (Basic) | 88.28M | 84.37M | 83.80M | 63.71M | 56.59M | 53.50M | 51.45M | 47.97M | 42.61M | 36.87M |
| Shares Outstanding (Diluted) | 89.11M | 85.04M | 84.33M | 64.26M | 57.09M | 53.93M | 52.03M | 48.75M | 43.35M | 37.51M |
| Net Margin | 22.20% | 23.47% | 18.34% | 24.64% | 35.88% | 23.98% | 32.87% | 25.72% | 18.26% | 16.46% |
This table shows 10 annual periods of Seacoast Banking of Florida's income statement, from FY 2025 back to FY 2016, across 11 line items including revenue, operating expenses, interest expense. Values in USD; B = billions, M = millions. Fiscal periods follow SBCF's reporting calendar. What is a income statement?