STUART, Fla. (AP) — STUART, Fla. (AP) — Seacoast Banking Corp. of Florida (SBCF) on Thursday reported third-quarter profit of $30.7 million.
The bank, based in Stuart, Florida, said it had earnings of 36 cents per share.
The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 36 cents per share.
The holding company for Seacoast National Bank posted revenue of $207.8 million in the period. Its revenue net of interest expense was $130.3 million, exceeding Street forecasts. Three analysts surveyed by Zacks expected $128.6 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
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