Seacoast Banking: Q1 Earnings Snapshot

STUART, Fla. (AP) — STUART, Fla. (AP) — Seacoast Banking Corp. of Florida (SBCF) on Thursday reported first-quarter net income of $11.8 million.

The bank, based in Stuart, Florida, said it had earnings of 15 cents per share.

The results matched Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 15 cents per share.

The holding company for Seacoast National Bank posted revenue of $180.4 million in the period. Its revenue net of interest expense was $153.6 million, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $155.4 million.

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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