Seacoast Banking Corporation of Florida (SBCF)

NASDAQ: SBCF · IEX Real-Time Price · USD
34.46
0.67 (1.98%)
May 27, 2022 4:00 PM EDT - Market closed
Market Cap2.12B
Revenue (ttm)351.52M
Net Income (ttm)111.27M
Shares Out61.41M
EPS (ttm)1.90
PE Ratio18.13
Forward PE15.43
Dividend$0.52 (1.51%)
Ex-Dividend DateJun 14, 2022
Volume184,209
Open33.97
Previous Close33.79
Day's Range33.79 - 34.52
52-Week Range29.28 - 39.31
Beta1.17
AnalystsBuy
Price Target39.27 (+14.0%)
Earnings DateApr 28, 2022

About SBCF

Seacoast Banking Corporation of Florida operates as the bank holding company for Seacoast National Bank that provides financial services to retail and commercial customers in Florida. It offers commercial and retail banking, wealth management, and mortgage services; and brokerage and annuity services. The company offers noninterest and interest-bearing demand deposit, money market, savings, and customer sweep accounts; time certificates of deposit; construction and land development, commercial and residential real estate, and commercial and fin...

IndustryBanks
Founded1926
CEODennis Hudson
Employees1,066
Stock ExchangeNASDAQ
Ticker SymbolSBCF
Full Company Profile

Financial Performance

In 2021, SBCF's revenue was $356.17 million, an increase of 24.48% compared to the previous year's $286.13 million. Earnings were $124.40 million, an increase of 59.98%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for SBCF stock is "Buy." The 12-month stock price forecast is 39.27, which is an increase of 13.96% from the latest price.

Price Target
$39.27
(13.96% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Seacoast Announces the Acquisition of Drummond Banking Company

Continues Seacoast's Successful M&A Strategy, Expanding its Footprint into North Florida Adds a Seasoned 32-year-old Franchise with a Strong History of Profitability and Low-Cost Core Deposits

3 weeks ago - GlobeNewsWire

Seacoast Banking (SBCF) Misses Q1 Earnings Estimates

Seacoast Banking (SBCF) delivered earnings and revenue surprises of -2.22% and 0.39%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

4 weeks ago - Zacks Investment Research

Seacoast Reports First Quarter 2022 Results

Disciplined Loan Growth, Strong Deposit Growth, and Rising Net Interest Margin Highlight Q1 Results

4 weeks ago - GlobeNewsWire

Seacoast Banking (SBCF) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Seacoast Banking (SBCF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Seacoast Banking Corporation of Florida Declares Increase to Quarterly Dividend on Common Stock

STUART, Fla., April 19, 2022 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF), announced that on April 19, 2022, the Company's Board of Directors ...

1 month ago - GlobeNewsWire

Seacoast Banking Corporation of Florida to Announce First Quarter Earnings Results April 28, 2022

INVESTORS MAY LISTEN TO LIVE WEBCAST INVESTORS MAY LISTEN TO LIVE WEBCAST

1 month ago - GlobeNewsWire

Seacoast Announces the Acquisition of Apollo Bancshares, Inc.

Significantly Expands Seacoast's Presence in South Florida's Dynamic Miami-Dade County Marketplace Significantly Expands Seacoast's Presence in South Florida's Dynamic Miami-Dade County Marketplace

1 month ago - GlobeNewsWire

Seacoast Bank Announces James Stallings as Chief Credit Officer

STUART, Fla., Feb. 28, 2022 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ: SBCF), one of the largest community banks in Florida, today announced that it has hired James Stallings, ...

2 months ago - GlobeNewsWire

Seacoast Banking Corporation of Florida Appoints Charles M. Shaffer as Chairman of the Board of Directors

Completes Leadership Succession Plan Completes Leadership Succession Plan

3 months ago - GlobeNewsWire

Seacoast Banking (SBCF) Q4 Earnings and Revenues Top Estimates

Seacoast Banking (SBCF) delivered earnings and revenue surprises of 16.98% and 2.60%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Seacoast Reports Fourth Quarter and Full Year 2021 Results

Full Year Net Income of $124.4 Million, Increasing 60% Year-over-Year

4 months ago - GlobeNewsWire

Seacoast Banking Corporation of Florida Declares Quarterly Dividend on Common Stock

STUART, Fla., Jan. 25, 2022 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF), announced that on January 25, 2022, the Company's Board of Directors...

4 months ago - GlobeNewsWire

Seacoast Completes Acquisitions of Sabal Palm Bancorp, Inc. and Business Bank of Florida, Corp.

Seacoast Bank Expands Presence in Growing Sarasota County and Advances Market Share in Brevard County Seacoast Bank Expands Presence in Growing Sarasota County and Advances Market Share in Brevard County

4 months ago - GlobeNewsWire

Seacoast Banking Corporation of Florida Announces Renewal of Share Repurchase Program

STUART, Fla., Dec. 17, 2021 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF) announced that its Board of Directors (the “Board”) has renewed the C...

5 months ago - GlobeNewsWire

Seacoast Banking Again Named Best Banks to Work For

STUART, Fla., Nov. 08, 2021 (GLOBE NEWSWIRE) -- Seacoast Banking (“Seacoast”) (NASDAQ: SBCF), one of the largest community banks headquartered in Florida, has been named one of the Best Banks to Work Fo...

6 months ago - GlobeNewsWire

Seacoast Banking (SBCF) Q3 Earnings and Revenues Beat Estimates

Seacoast Banking (SBCF) delivered earnings and revenue surprises of 4.08% and 5.26%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Seacoast Reports Third Quarter 2021 Results

Strong Quarter for Commercial Loan Originations and Pipeline Generation

6 months ago - GlobeNewsWire

Seacoast Bank Hires Strategic Leadership for Further Market Expansion in Florida

STUART, Fla., Oct. 12, 2021 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ: SBCF), one of the largest community banks based in Florida, continues making investments and expanding it...

7 months ago - GlobeNewsWire

Seacoast Banking Corporation of Florida to Announce Third Quarter Earnings Results October 28, 2021

Investors May Listen to Live Webcast Investors May Listen to Live Webcast

7 months ago - GlobeNewsWire

How Seacoast Banking Corporation of Florida (SBCF) Stock Stands Out in a Strong Industry

Seacoast Banking Corporation of Florida (SBCF) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

8 months ago - Zacks Investment Research

Seacoast (SBCF) to Buy Sabal Palm and Business Bank of Florida

Seacoast (SBCF) agrees to acquire Sabal Palm and Business Bank of Florida in two separate merger deals valued at $53.9 million and $28.4 million, respectively.

9 months ago - Zacks Investment Research

Seacoast Announces the Acquisitions of Sabal Palm Bancorp, Inc. and Business Bank of Florida, Corp.

Establishes Presence in Growing and Affluent Sarasota County

9 months ago - GlobeNewsWire

Seacoast Completes Acquisition of Legacy Bank of Florida

Significantly Expands Seacoast's Presence in the Dynamic Palm Beach and Broward County Marketplaces Significantly Expands Seacoast's Presence in the Dynamic Palm Beach and Broward County Marketplaces

9 months ago - GlobeNewsWire

Seacoast Banking (SBCF) Q2 Earnings Beat Estimates

Seacoast Banking (SBCF) delivered earnings and revenue surprises of 11.32% and -2.35%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

10 months ago - Zacks Investment Research