In This Article:
STUART, Fla. (AP) — STUART, Fla. (AP) — Seacoast Banking Corp. of Florida (SBCF) on Monday reported net income of $34.1 million in its fourth quarter.
The bank, based in Stuart, Florida, said it had earnings of 40 cents per share. Earnings, adjusted for non-recurring costs, were 48 cents per share.
The holding company for Seacoast National Bank posted revenue of $203 million in the period. Its revenue net of interest expense was $132.9 million, which topped Street forecasts.
For the year, the company reported profit of $121 million, or $1.42 per share. Revenue was reported as $515.4 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SBCF at https://www.zacks.com/ap/SBCF