For the quarter ended March 2025, Seacoast Banking (SBCF) reported revenue of $140.7 million, up 12% over the same period last year. EPS came in at $0.38, compared to $0.31 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $136.9 million, representing a surprise of +2.77%. The company delivered an EPS surprise of -5.00%, with the consensus EPS estimate being $0.40.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Seacoast Banking performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Interest Margin: 3.5% versus the three-analyst average estimate of 3.4%.
- Efficiency Ratio: 60.3% compared to the 63.1% average estimate based on three analysts.
- Total Net Charge-offs (Recoveries) to Average Loans: 0.3% versus 0.2% estimated by two analysts on average.
- Total nonperforming loans: $71.02 million compared to the $99.10 million average estimate based on two analysts.
- Total nonperforming assets: $78.19 million compared to the $105.73 million average estimate based on two analysts.
- Average Balance - Total Earning Assets: $13.83 billion versus $13.79 billion estimated by two analysts on average.
- Total noninterest income: $22.18 million compared to the $22.45 million average estimate based on three analysts.
- Net interest income - FTE: $118.86 million versus the three-analyst average estimate of $115.96 million.
- Net interest income: $118.52 million compared to the $115.64 million average estimate based on two analysts.
View all Key Company Metrics for Seacoast Banking here>>>
Shares of Seacoast Banking have returned -9.6% over the past month versus the Zacks S&P 500 composite's -5.1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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Seacoast Banking Corporation of Florida (SBCF): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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