Business
Seacoast Reports Fourth Quarter and Full Year 2025 Results
15% Fourth Quarter Annualized Organic Loan Growth Net Interest Income Up 31% Quarter over Quarter and 28% Year over Year Transformative Acquisition of
About this update from Seacoast Banking Corporation Of Florida
[{"type":"text","content":"\n15% Fourth Quarter Annualized Organic Loan Growth\n\n\nNet Interest Income Up 31% Quarter over Quarter and 28% Year over Year\n\n\nTransformative Acquisition of Villages Bancorporation, Inc. Adds $4.4 Billion in Assets\n\n\n STUART, Fla.--(BUSINESS WIRE)--\nSeacoast Banking Corporation of Florida (\"Seacoast\" or the \"Company\") (NASDAQ: SBCF) today reported unaudited results of operations and other financial information for the fourth quarter and full year 2025.\n\n\nFourth Quarter 2025 Highlights\n\n\n\nNet income of $34.3 million included $18.1 million in merger and integration costs and $23.4 million in day-one credit provisions in the Villages Bancorporation, Inc. (“VBI”) acquisition.\n\n\n\nOn an adjusted basis, pre-tax pre-provision earnings1 of $93.2 million increased 39% from the prior quarter and 65% from the prior year quarter.\n\n\n\n15% annualized organic loan growth.\n\n\n\nWell-controlled expenses, with an improved efficiency ratio.\n\n\n\nExpanded branch footprint with new locations in Bradenton, FL and our first branch in the greater Atlanta market.\n\n\n\nContinued industry-leading strength in capital and liquidity.\n\n\n\nCharles M. Shaffer, Seacoast's Chairman and CEO, said, “Seacoast delivered another quarter of strong financial performance, highlighted by robust loan growth and continued expansion in pre‑tax pre‑provision earnings. These results underscore the strength, resilience, and momentum of our franchise, which continues to outperform across our markets. We are thrilled to have completed our acquisition of Villages Bancorporation, Inc., a transaction that brings us top‑tier market share and a high‑quality, low‑cost deposit base in the rapidly growing The Villages® community. This acquisition further strengthened our competitive position and enhances our capacity for sustained growth and industry‑leading performance.”\n\n\nShaffer added, “Our balance sheet remains exceptionally strong, supported by solid capital levels and a highly resilient liquidity position. This strong foundation provides us with meaningful flexibility to continue strategically deploying resources to drive profitable growth. With a fortified capital base and disciplined balance sheet management, we are well‑positioned to support our customers, invest in our franchise, and extend our long‑term record of growth and value creation...