Filing Flows › Seacoast Banking Corp of Florida (SBCF) › Q3 2026
Seacoast Banking Corp of Florida (SBCF) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Seacoast Banking Corp of Florida (SBCF) reported revenue of $215M for the third quarter 2026 (Q3 2026), +37% from a year earlier and +3% from the quarter before. Operating margin was 35.0%, net earnings $59.9M (27.9% of revenue).
Seacoast Banking Corp of Florida, Q3 2026: revenue $215M (+37% year over year), operating margin 35.0%, net earnings $59.9M, operating cash flow $139M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $215M | +3% | +37% |
| Operating profit | $75.3M | -1% | +61% |
| Net earnings | $59.9M | +0.6% | +64% |
| Operating cash flow | $139M | +125% | +359% |
| Free cash flow | $138M | — | +397% |
What changed
Revenue was $215.0M in Q3 2026, up 37% year over year and up 3% from the previous quarter. Net interest income was the largest line at 85% of revenue. Net interest income added $49.9M year over year (up 37%), 87% of the total change.
Operating profit was $75.3M, a 35.0% margin (up 5.2 points year over year). Of the extra revenue versus a year earlier, 49% reached operating profit, above the 30% margin then. Total costs grew 27% against revenue growth of 37%. The fastest-growing cost line was Noninterest expense (+31%). Net earnings were $59.9M, up 64% year over year. The effective tax rate was 20.5%.
Operating cash flow was $138.6M (up 359% year over year), 232% of net earnings. Non-cash charges added back $12.9M of depreciation and amortization and $6.2M of share-based compensation. Working capital and other items added $59.6M. Capital expenditures of $871K left free cash flow of $137.8M.
Questions
What was Seacoast Banking Corp of Florida's revenue in the third quarter 2026?
Seacoast Banking Corp of Florida (SBCF) reported revenue of $215M for the third quarter 2026 (Q3 2026), +37% from a year earlier and +3% from the quarter before.
Was Seacoast Banking Corp of Florida profitable in the third quarter 2026?
Operating profit was $75.3M (35.0% of revenue) and net earnings $59.9M.