Key Highlights

• Seacoast Banking's $0.19 quarterly Dividend trades with a September 15, 2026 record date, payable September 30, yielding approximately 2.24%.

• The dividend increased from $0.18 in 2025 to $0.19 in 2026.

• Second-quarter GAAP Net Income was $59.5 million, or $0.55 per diluted share, up 87% sequentially and 39% year over year.

• Organic loans grew 16% annualized, with net interest Margin at 3.83% following the completed Citizens First Bank integration.

Seacoast Banking's (NASDAQ:SBCF) $0.19 quarterly dividend trades with a September 15 Record Date and September 30 payment date. Net income of $59.5 million jumped 87% sequentially, a comparison affected by a $39.5 million securities-repositioning loss the company took in the first quarter; the 39% year-over-year increase is the more comparable figure, alongside 16% annualized organic Loan growth following the early-July completion of the Citizens First Bank customer conversion.

Dividend Program and Shareholder Returns

Seacoast Banking declared a $0.19 per share quarterly dividend, payable September 30 to shareholders of record September 15. The annualized dividend is $0.76 per share, up from $0.72 in 2025, a modest increase relative to this quarter's sharply higher earnings, leaving the Payout Ratio well below reported net income. The company also declared $0.19 per 1/1000th share of its Series A Non-Voting Preferred Stock on the same schedule.

About the Company

Seacoast Banking Corporation of Florida is one of the largest community banking organizations headquartered in Florida, offering commercial and consumer banking together with wealth-management, Mortgage and insurance services through Seacoast National Bank.

Financial Performance Behind the Payout

Seacoast reported second-quarter GAAP net income of $59.5 million, or $0.55 per diluted share, up 87% from the first quarter and 39% from a year earlier. Adjusted net income was $65.8 million, or $0.61 per share. Net interest income increased 42% year over year to approximately $182.2 million, with net interest margin at 3.83%, or 3.65% excluding acquired-loan accretion. Organic loans grew 16% annualized, with the commercial loan pipeline reaching approximately $1.3 billion. Deposits rose 4% annualized, while the cost of deposits declined to 1.53%. The first quarter of 2026 had included a $39.5 million loss from a strategic securities-portfolio repositioning.

Citizens First Bank Integration

The Citizens First Bank customer conversion in The Villages and North-Central Florida was completed in early July 2026. Organic loan growth of 16% annualized and a $1.3 billion commercial pipeline followed the completed conversion.

Outlook

The 39% year-over-year net income growth, rather than the 87% sequential figure inflated by the first quarter's one-time securities loss, is the more representative comparison for gauging underlying momentum. Organic loan growth relative to the $1.3 billion commercial pipeline is the metric to watch now that the Citizens First integration is complete.