Seacoast Banking Corporation of Florida (SBCF) — Financial statements
Income statement, balance sheet, and cash flow for Seacoast Banking Corporation of Florida — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 870↑7.5% | 809↑5.3% | 768↑72.0% | 447↑25.8% | 355 | |
| Cost of Revenue | 334↑7.5% | 311↑29.8% | 239↑474.7% | 42↑3998.2% | -1 | |
| Gross Profit | 535↑7.5% | 498↓5.8% | 529↑30.6% | 405↑13.7% | 356 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 261↑31.1% | 199↓7.9% | 216↑42.0% | 152↑29.5% | 118 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 11↑17.7% | 9↑45.7% | 6↑37.2% | 5 | |
| SG&A Expenses | 261↑24.4% | 210↓6.9% | 225↑42.1% | 159↑29.8% | 122 | |
| Other Expenses | 88↓33.7% | 133↓21.6% | 169↑56.2% | 108↑44.0% | 75 | |
| Operating Expenses | 349↑1.9% | 342↓13.2% | 394↑47.8% | 267↑35.2% | 197 | |
| Total Costs & Expenses | 683↑4.6% | 653↑3.0% | 634↑105.5% | 308↑57.2% | 196 | |
| Operating Results | ||||||
| Operating Income | 187↑19.7% | 156↑16.1% | 134↓2.8% | 138↓13.0% | 159 | |
| Depreciation & Amortization | 0.00↓100.0% | 19↑4441.1% | 0.42↓96.0% | 11↑376.2% | -4 | |
| EBITDA | 187↑6.5% | 175↑30.0% | 135↓9.5% | 149↓4.0% | 155 | |
| EBIT | 187↑19.7% | 156↑16.1% | 134↓2.8% | 138↓13.0% | 159 | |
| Interest & Other Income | ||||||
| Net Interest Income | 553↑28.1% | 432↓11.5% | 488↑33.3% | 366↑32.7% | 276 | |
| Interest Income | 836↑15.3% | 726↑5.3% | 689↑81.1% | 380↑33.9% | 284 | |
| Interest Expense | 283↓3.6% | 294↑46.3% | 201↑1300.6% | 14↑74.4% | 8 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 187↑19.7% | 156↑16.1% | 134↓2.8% | 138↓13.0% | 159 | |
| Income Tax Expense | 42↑19.4% | 35↑15.3% | 30↓4.5% | 32↓7.9% | 34 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 145↑19.7% | 121↑16.3% | 104↓2.3% | 107↓14.4% | 124 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 145↑19.7% | 121↑16.3% | 104↓2.3% | 107↓14.4% | 124 | |
| Bottom-Line Net Income | 143↑18.0% | 121↑16.3% | 104↓2.3% | 107↓14.4% | 124 | |
| EPS (Basic) | 1.62↑13.3% | 1.43↑15.3% | 1.24↓25.7% | 1.67↓24.1% | 2.20 | |
| EPS (Diluted) | 1.58↑11.3% | 1.42↑15.4% | 1.23↓25.9% | 1.66↓23.9% | 2.18 | |
| Weighted Average Shares | 88↑4.6% | 84↑0.7% | 84↑31.5% | 64↑12.6% | 57 | |
| Weighted Average Diluted Shares | 92↑8.1% | 85↑0.8% | 84↑31.2% | 64↑12.6% | 57 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.