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Seacoast Banking Corporation of Florida (SBCF) Q2 2021 Earnings Call Transcript

Seacoast Banking Corporation of Florida (SBCF) Q2 2021 Earnings Call Transcript

With me this morning is Tracey Dexter, Chief Financial Officer; and Jeff Lee, Chief Digital Officer. During the quarter, the Seacoast team generated strong operating performance, growing tangible book value per share an annualized 11% from the prior quarter to $17.08, while distributing a dividend of $0.13 per share to our shareholders. The Florida economy continues to expand meaningfully with strong inbound population growth, driven by low taxes, a business-friendly environment, and a post-pandemic work from anywhere economy.