Seacoast Banking Corporation of Florida (SBCF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to Seacoast Banking Corporation's 3rd Quarter 2025 Earnings Conference Call. My name is Desiree and I will be your operator. Before we begin, I have been asked to direct your attention to the statements at the end of the company's press release regarding forward-looking statements. Seacoast will be discussing issues that constitute forward-looking statements within the meaning of the Securities and Exchange Act and its comments today are intended to be covered within the meaning of that act. Please note that this conference is being recorded. I will now turn the call over to Chuck Schaefer, Chairman and CEO of Seacoast Bank. Mr. Schaefer, you may begin. All right. Thank you. Good morning, everyone. As we proceed with our presentation, we'll refer to the third quarter earnings slide deck, which is available at seacoastbanking.com. Joining me today is Tracy Dexter, our Chief Financial Officer, Michael Young, our Chief Strategy Officer, and James Stallings, our Chief Credit Officer. The SECO team delivered another exceptional quarter, which clearly demonstrated the progress we are making towards enhancing our return profile while delivering strong growth on both sides of the balance sheet. Our competitive transformation has fully taken hold, with loan and deposit growth near 8%, the result of a focused effort to recruit the most qualified and capable bankers across our footprint. I was particularly pleased with the growth in non-interest-bearing DDA accounts and a balanced approach to loan growth, with our commercial production spread across CNI and CRE with multiple asset classes and industries. The team also delivered strong performance across multiple revenue streams, including a record-breaking quarter in wealth management and solid performance in treasury m...