Seacoast Banking Corporation of Florida (SBCF) Q2 2026 Earnings Call Transcript | Seeking Alpha
Seacoast Banking Corporation of Florida (SBCF) Q2 2026 Earnings Call July 29, 2026 10:00 AM EDTCompany ParticipantsCharles Shaffer - Chairman, President & CEOTracey Dexter - Executive VP & CFOMichael. . .
Seacoast Banking Corporation of Florida (SBCF) Q2 2026 Earnings Call July 29, 2026 10:00 AM EDTCompany ParticipantsCharles Shaffer - Chairman, President & CEOTracey Dexter - Executive VP & CFOMichael YoungConference Call ParticipantsRussell Elliott Gunther - Stephens Inc. , Research DivisionDavid Feaster - Raymond James & Associates, Inc. , Research DivisionPresentationOperatorWelcome to the Seacoast Banking Corporation Second Quarter 2026 Earnings Conference Call. My name is Colby, and I will be your operator. [Operator Instructions]Before we begin, I have been asked to direct your attention to the statement at the end of the company's press release regarding forward-looking statements. Seacoast will be discussing issues that constitute forward-looking statements within the meaning of the Securities and Exchange Act, and its comments today are intended to be covered within the meaning of that act. Please note that this conference is being recorded. I'll now turn the call over to Chuck Shaffer, Chairman and CEO of Seacoast Bank. Mr. Shaffer, you may begin. Charles ShafferChairman, President & CEOAll right. Thank you, Colby, and good morning, everyone, and thank you for joining us. As we move through today's presentation, we'll reference the second quarter 2026 earnings slide deck, which is available at seacoastbanking. com. Joining me today are Tracey Dexter, our Chief Financial Officer; Michael Young, our Chief Strategy Officer; and James Stallings, our Chief Credit Officer. Seacoast delivered another strong quarter, reflecting the strength of our diversified franchise, disciplined execution, and continued strict focus on delivering the earnings guidance we provided at the start of the year. Net income totaled $59. 5 million or $0. 55 per diluted share, and adjusted earnings were $65. 8 million or $0. 61 per diluted share. Adjusted return on assets for the quarter was 1. 25%, and the adjusted return on tangible equity was 15. 8%, up from 13. 3% a year ago.