Seacoast Banking Of Florida (SBCF) AI Stock Analysis

• Market Cap: $2.53B
• Dividend Yield: 2.45%
• Average Volume (3M): 615.20K
• Price to Earnings (P/E): 19.8
• Beta (1Y): 1.13
• Revenue Growth: 4.52%
• EPS Growth: 7.58%
• Country: US
• Employees: 1,518
• Sector: Financial
• Sector Strength: 82
• Industry: Banks - Regional
• EPS (TTM): 0.38
• Shares Outstanding: 85,985,450
• 10 Day Avg. Volume: 865,417
• 30 Day Avg. Volume: 615,200
• PEG Ratio: 0.43
• Price to Book (P/B): 1.60
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 13.65
• Enterprise Value/Market Cap: 0.72
• Enterprise Value/Revenue: 0.65
• Enterprise Value/Gross Profit: 3.67
• Enterprise Value/Ebitda: 2.67
• 1Y Price Target: $28.25
• Price Target Upside: -4.40% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4

• Rating: 80 Outperform
• Price Target: $34.00 ▲(15.06%Upside)

Seacoast Banking Of Florida's strong financial performance and strategic corporate events are the primary drivers of its high score. The robust earnings call further supports its growth potential. However, technical indicators suggest caution due to overbought conditions, and valuation metrics indicate moderate pricing.

Seacoast Banking Of Florida Business Overview & Revenue Model

Company Description

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 financial loans; and consumer loans, including installment loans and revolving lines, as well as loans for automobiles, boats, and personal or family purposes. As of December 31, 2021, it had 54 branch and commercial lending offices. The company was founded in 1926 and is headquartered in Stuart, Florida.

How the Company Makes Money

Seacoast Banking Corporation of Florida generates revenue primarily through interest income from its lending activities and non-interest income from various banking services. Key revenue streams include interest earned on loans such as commercial, residential, and consumer loans, as well as income from investment securities. The company also earns non-interest income through fees related to deposit accounts, transaction services, wealth management, and mortgage banking activities. Additionally, strategic partnerships and acquisitions help expand its service offerings and customer base, contributing to its overall earnings.

Seacoast Banking Of Florida Financial Statement Overview

Summary

Seacoast Banking Of Florida shows a stable financial outlook with a robust balance sheet and strong cash flow management. The income statement reflects moderate performance due to inconsistent revenue growth, but the low leverage and solid equity base mitigate potential risks.

Income Statement

The income statement reflects moderate performance with fluctuating revenue growth, which saw a decline in 2023 after previous years of growth. The net profit margin and EBIT margin are stable, indicating consistent profitability despite revenue volatility. However, the lack of data for 2024 limits the current analysis.

Balance Sheet

The balance sheet demonstrates solid financial stability, with a consistent increase in stockholders' equity and a low debt-to-equity ratio, suggesting low leverage. The equity ratio has improved over the years, indicating strengthened financial stability and asset management.

Cash Flow

Cash flow analysis indicates strong free cash flow generation with a positive trend in operating cash flow relative to net income. The free cash flow to net income ratio is healthy, reflecting efficient cash management, though there are fluctuations in investing and financing cash flows that warrant attention.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	515.40M	527.76M	446.58M	354.97M	287.04M
Gross Profit	498.14M	527.76M	406.07M	356.04M	324.31M
EBITDA	175.05M	134.68M	148.77M	173.83M	91.92M
Net Income	120.99M	104.03M	106.51M	124.40M	77.76M
Balance Sheet
Total Assets	15.18B	14.58B	12.15B	9.68B	8.34B
Cash, Cash Equivalents and Short-Term Investments	2.40B	2.29B	2.08B	2.38B	1.80B
Total Debt	351.97M	530.88M	406.56M	193.21M	190.97M
Total Liabilities	12.99B	12.47B	10.54B	8.37B	7.21B
Stockholders Equity	2.18B	2.11B	1.61B	1.31B	1.13B
Cash Flow
Free Cash Flow	175.87M	140.32M	183.21M	150.25M	59.06M
Operating Cash Flow	175.77M	150.61M	195.86M	154.57M	60.65M
Investing Cash Flow	-602.76M	527.45M	-364.88M	-412.51M	-342.50M
Financing Cash Flow	456.41M	-432.82M	-366.77M	591.58M	561.41M

Seacoast Banking Of Florida Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 29.55
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SBCF, the sentiment is Positive. The current price of 29.55 is above the 20-day moving average (MA) of 26.31, above the 50-day MA of 25.34, and above the 200-day MA of 26.43, indicating a bullish trend. The MACD of 0.98 indicates Negative momentum. The RSI at 79.82 is Negative, neither overbought nor oversold. The STOCH value of 96.20 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SBCF.

Seacoast Banking Of Florida Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SBCF	80 Outperform	$2.53B	19.78	5.82%	2.45%	4.52%	7.58%
PFS	77 Outperform	$2.42B	16.69	6.77%	5.19%	80.24%	-30.60%
BANR	74 Outperform	$2.34B	13.31	10.09%	2.83%	10.08%	6.18%
FBK	74 Outperform	$2.53B	17.29	8.27%	1.62%	2.70%	14.32%
SYBT	72 Outperform	$2.45B	20.06	13.18%	1.52%	14.30%	16.24%
TRMK	70 Neutral	$2.31B	353.99	3.28%	2.52%	-17.96%	-95.37%
Sector *	64 Neutral	$6.65B	10.94	6.59%	5.05%	24.65%	0.99%

Seacoast Banking Of Florida Corporate Events

Seacoast Banking Announces Merger with Villages Bancorporation

On May 29, 2025, Seacoast Banking Corporation of Florida announced a merger agreement with Villages Bancorporation, Inc., and its subsidiary Citizens First Bank. The merger will result in Seacoast acquiring VBI, with Seacoast and Seacoast National Bank surviving the merger as the continuing entities. The transaction involves a mix of cash and stock considerations for VBI shareholders and includes various conditions and covenants to be fulfilled before completion. This strategic move is expected to enhance Seacoast’s market presence and operational capabilities in Florida, potentially impacting stakeholders by expanding Seacoast’s banking network and customer base.

The most recent analyst rating on (SBCF) stock is a Buy with a $27.00 price target. To see the full list of analyst forecasts on Seacoast Banking Of Florida stock, see the SBCF Stock Forecast page.

Seacoast Banking Approves Key Proposals at Annual Meeting

On May 19, 2025, Seacoast Banking Corporation of Florida held its Annual Meeting of Shareholders, where several key proposals were approved. These included the election of four Class II directors, an amendment to increase authorized common stock, and changes to the 2021 Incentive Plan to allow more shares. Additionally, shareholders approved executive compensation and agreed to hold annual advisory votes on this matter. The appointment of Crowe LLP as the independent auditor for the fiscal year ending December 31, 2025, was also ratified. These decisions reflect the company’s strategic direction and commitment to shareholder engagement.

The most recent analyst rating on (SBCF) stock is a Buy with a $27.00 price target. To see the full list of analyst forecasts on Seacoast Banking Of Florida stock, see the SBCF Stock Forecast page.

Seacoast Banking Receives Approval for Heartland Acquisition

On May 14, 2025, Seacoast Banking Corporation of Florida announced it received regulatory approval for its acquisition of Heartland Bancshares, Inc. and Heartland National Bank. The transaction, expected to close around July 11, 2025, marks a significant expansion for Seacoast, enhancing its market presence and operational capabilities, pending shareholder approval and customary closing conditions.

The most recent analyst rating on (SBCF) stock is a Buy with a $27.00 price target. To see the full list of analyst forecasts on Seacoast Banking Of Florida stock, see the SBCF Stock Forecast page.

Seacoast Banking Reports Q1 2025 Financial Results

Seacoast Banking Corporation of Florida reported its financial results for the first quarter of 2025, showing a net income of $31.5 million, a decrease from the previous quarter but an increase from the same quarter last year. The company experienced growth in deposits and loans, with a net interest margin expansion and a strong balance sheet. Seacoast is also expanding its market presence with new branches and a proposed acquisition of Heartland Bancshares, Inc., which is expected to close in the third quarter of 2025, enhancing its presence in Central Florida.